Why is Financio Suitable for SMEs?

Why is Financio suitable for an SME, as an SME you would need to operate your business as efficiently as possible. Also using accounting software can save you a ton. For new startups you would have to control your expenses and cut down unwanted expenditure to do that you would need accounting software, you may save money and at the same time track all your expenses. Simply enter your business’s transactions and financio will compute your totals. Automation makes accounting duties simple. Automatic totals are also more accurate than hand calculated figures. You will have less room for the human error when Financio computes your income and expense totals for you. This will give you a much clearer picture of your business’s bottom line. As Financio is a cloud accounting software you are able to do your accounting from anywhere with an internet connection.

Imagine having a box of disorganized receipts? Even the thought of it is demotivating, as disorganized records can cost you when you file taxes. Unless you’re confident you will never lose a receipt or misrecord a sale. Disorganized books can still cost you if your tax preparer charges an hourly rate, you will pay for the extra hours spent making sense of your records and it’s easier to miss out on deductions that your business is eligible for. Financio keeps your business transactions organized. Your tax preparer can easily access your books to fill out the return. They will spend less time sorting through paperwork and more time getting you a higher refund. As Financio is cloud base you may just add in your tax preparer as a user with a specific time frame as they won’t have the hassle of meeting up to get your paperwork.

Regards

Shaarmina Nair

Customer Success