Sage 300 Cloud has one been one of the most popular solutions for financial management.
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For an SME owner, you may assume that an accounting software is not your priority, but in reality, when crippling bookkeeping errors pile up, could you be losing more money than you make? This is where Sage 300 Cloud comes in as an Enterprise Resource Planning solution that has been one of the most widely used business solutions by multiple companies for the past 30 years.
What Is Sage Software?
Sage cloud accounting system is basically digitised financial inventory management that allows you to manage complex finance issues while at the same time, it collects and summarises your financial data to be presented in a simplistic manner. In fact, 90% of accountants have recommended the Sage system for its efficiency in a small business. Sage 300 Cloud also connects your businesses' finance, operations and inventory in multiple currencies language.
Why SMEs Need Sage As Their Accounting Software
1. Eliminate Human Error Factor
As previously mentioned, with a fully computerised system, you eliminate the risk of human error altogether. These errors include forgotten receipts, untracked expenses, petty cash errors etc. While these errors may seem small, if left unresolved, they can lead to catastrophic effects on your company's finances.
2. Automated Tasks = Improve Efficiency
When tasks like payroll calculation, payslips, and VAT calculation are automated, you can spend more time focusing on your business growth and project management. The Sage 300 Cloud, besides automating tasks in relation to business finances, also automates reports and analysis.
For example, by producing a report of your businesses' profit and loss, you will be able to analyse areas your business needs to improve.
3. Data Security
As with every enterprise resource planning solution, the Sage software also promises sensitive data security thanks to cloud hosting. Using data encryption technologies and firewalls, your data safety is ensured. There's also no risk of data loss since the data is saved on multiple servers with regular backups.
4. Less Complex Systems & Less Time-Consuming
As your business grows, your financial management becomes more complex, but with the Sage Cloud Accounting System, you don't need to worry about these complexities as the computerised system goes through necessary data, thus producing a more straightforward accounting system.
In terms of time consumption, you save time not doing manual data entry, leading to the aforementioned human error.
5. Real Time Information
With a Sage Cloud Accounting system, you can view all your financial information and cash flow in real-time, which aids you in your day-to-day finances. The digital record keeping of financial data is also essential for Making Tax Digital for VAT.
At KDS Solutions, we offer a free consultation for our Sage 300Cloud solutions, being one of the best Sage Software in Malaysia that integrates disparate processes across multiple departments. Sage CRM tools are also offered for business intelligence and live visibility. Visit here for more solutions offered we provide for your business.