Cloud Accounting

Managing your company’s accounting needs used to include time-consuming, repetitive, yet important compliance work. Cloud accounting has transformed the operations of large and small businesses, providing real-time information, and streamlining previously time-consuming tasks.

Whether you’re new to the cloud or an existing user, our Cloud Advisory specialists can help your business get the most out of cloud accounting and optimise your processes so you can focus on what’s important - your business.

New to cloud accounting? Get real-time access to forecasts, payroll and sales figures

Cloud accounting allows business owners to:

  • Focus more of their valuable time on areas that will help to grow the business (and less on compliance tasks)
  • Get real-time access to their financial data anytime, anywhere
  • Gain real value - not just from the visibility and accessibility of data, but from the delivery of real insights that can be used to grow the business and remain competitive.

For business owners still using spreadsheets or desktop-based accounting software, these things are difficult to achieve. Cloud accounting overcomes the burden of manual processes so our advisers can spend more time with you working on your business rather than in it.

We understand that each business is unique, so our advisers invest time to understand what will work best for you. We look at your goals and objectives and then help you decide on a cloud accounting solution that best meets your needs - whether you’re new to the cloud or looking to optimise your existing processes.

Learn how we worked with AEIOU Foundation to determine their process requirements and implement suitable cloud ecosystem solutions in this client story.

Talk to our team to explore the best cloud accounting options - and services - for your business operations today.

How BDO can help

We understand that each business is unique, so our advisers invest time to understand what will work best for you. We look at your goals and objectives and then help you decide on a cloud accounting solution that best meets your needs - whether you’re new to the cloud or looking to optimise your existing processes. Our Cloud Advisory team can help with:

  • Assistance in understanding the app ecosystem and the flow through into Xero
  • Implementation and training on accounting apps such as Dext, Hubdoc, Fathom and ApprovalMax. 
  • Best practice processing utilising available automation features
  • On-going support for queries
  • Platform support and training.

Already on the cloud? Supercharge your business processes

You might already be using a cloud accounting platform in your business, but are you maximising its potential? Best practice cloud accounting is more than adopting a platform - it’s about making use of the ecosystem of apps and features available to optimise your finance function and minimise manual processes.

Automation and best practice processes are key to supercharging your business data and results in a modern, streamlined and reliable financial management system, which makes the most of your available time and resources. The benefits also extend beyond the accounting and finance functions to your entire business.  Integrated, optimised systems result in better, more accurate data which enables enhanced decision-making across all areas of your organisation.

Our Cloud Advisory specialists are committed to improving the efficiency of your business and helping you get the information you need, when you need it. We can help with:

  • Best practice process training
  • Accounting software health checks to see if you are getting the most out of the software
  • Finance function review and workshops to review flows of data
  • Documenting processes including process mapping
  • Accounting software add-on integration and optimisation including Dext, Hubdoc, ApprovalMax, Fathom, Castaway and Keypay, among others.

Xero global partnership

BDO is a proud Xero Global Partner and the platform is our preferred accounting solution for small to medium business clients. By combining Xero’s real-time and accurate financial data with the business expertise and insights of our advisers, clients can access greater support and information to build resilience - and focus on growing their business.

Contact us

Contact our team to discuss your needs using the request for service form. Alternatively, call us on 1300 138 991 to speak with an adviser in your nearest BDO office.

Meet our team