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Maintaining accurate accounting reports – meeting those deadlines


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When you’re at the helm of a growing company (startup, nonprofit, etc.), a large part of cultivating and growing your business involves periodically producing and maintaining accurate accounting reports in a timely manner. As your business grows, so does the size of those reports, as well as the amount of time spent producing and submitting them. While you were starting out, you were able to get by using entry level solutions like QuickBooks or Xero, and transferring data from one spreadsheet to another was a matter of minutes, not hours.

Fast forward to now, and you’re no longer the new kid on the block. Instead, you’re a startup or nonprofit experiencing second stage growing pains and all that they entail. Doing more with less, and making the most of limited resources, including time, are your mantra and calling card.

That’s right, when you’re cultivating a growing business environment, time is one resource that will always be in limited supply. You’ll find that you don’t have enough time to devote to every customer, every issue, every concern, and the list goes on. And when it comes to those weekly, monthly, quarterly and annual reports and staunch deadlines, you’ll find that, with all the copying, pasting, manual data entry and extraction, you don’t have enough time to produce and submit them.

Gravity Software 10 key ideas for improving your accounting practice

It doesn’t have to be that way

That’s right. Once you graduate to a cloud-based solution, complete with a solid and scalable platform, sky’s the limit. Enjoy cloud-based relief and a break from the reporting drought by switching to a cloud-based financial system like Gravity Software® (Gravity). Built on the Microsoft Power Platform (aka Microsoft Dynamics 365), Gravity is structured to promote easy data extraction and access while facilitating efficient and timely reporting. With Gravity, you’ll enjoy…

  • Convenient drill-down capability for easy data extraction.

  • Secure access to both customer and financial data from virtually anywhere.

  • Access to real-time, current data to make the best decisions.

  • Spending far less time completing basic, operational functions (like periodic reporting).

  • Built on the Microsoft Dynamics 365 platform and user-friendly interface to produce those necessary reports so you can meet and beat those inevitable deadlines.

It’s obvious that your accounting solution worked well enough in the past, but how well is it performing now? Is it keeping up with your current workload and growth potential? Consider Gravity Software. With Gravity, your business can appreciate ease of data accessibility like Multi-Entity, Multi-Location Inventory tracking, Sales history by team member, and so much more in just one database. Yes, just one! My business is connected. Is yours? Get connected today by scheduling an online demo.

Better. Smarter. Accounting.

Gravity Software

 

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