Integration with Accounting Software

What is accounting software and why is it used?

Let’s start with the basics. Accounting software is basically your business’s financial command centre. It monitors the money you have coming in, money going out and everything in between including sales, expenses, invoices, payroll, tax… you name it. 

Whilst most business owners don't typically get excited about numbers (unless of course that is your thing) they do get excited about the prospect of having visibility and control over their finances. Accounting software can provide you with this and much, much more. However, accounting software can only do so much on it's own...when it's connected to your other existing systems however, the possibilities are pretty much endless!

Why would you integrate your accounting software with your other business systems?

There are many different reasons as to why you might consider integrating your accounting software with your other business systems. As alluded to above, it can open the door to many new possibilities and opportunities. Let's take a more granular look at some of them.

• To save time - When your accounting software can communicate with your other systems, the mundane, mind numbing tasks can happen automatically - invoicing, reconciliation, data entry, bill payments. It's ultimately an invisible assistant in digital form who does what they’re told, never calls in sick and doesn’t need coffee breaks.

• No more guesswork - If you’ve ever had to cross check ten different systems to understand what’s really going on, you’ll know how painful it can be. With integration, everything stays in sync automatically so your numbers are accurate, your reports are up to date and you can make decisions with confidence.

• Get the full picture - Connecting accounting software with your other core business systems centralises financial data in one place, offering a complete view of your company’s financial health. What's coming in, what's going out and crucially, what's in the petty cash!

• Better reporting - Integrated accounting software typically provides your business with much more advanced reporting capabilities. For example, you can create reports that use information from your project management software to show how specific jobs are tracking against budget.

• Invoices that send themselves - When your sales or order system is connected to your accounting software, invoices can be generated automatically as soon as an order is placed. No need to input customer details again - this information can be pushed and pulled with the click of a button.

• Quicker decisions - With live time access to your financial data, you can make informed decisions quickly, allowing you to adapt to changing business needs more effectively whether that's adjusting pricing, planning cash flow or hiring your next team member, you’ll have the clarity you need, when you need it.

• Growth without barriers - Integrated accounting software can morph and change as your business grows. It can accommodate increased transaction volumes, additional users and expanded reporting needs with ease. Rather than replacing or adding additional software - you simply continue building.

• A small investment with a big return - Of course there is an initial upfront cost for integrating your accounting system (it's still probably cheaper than finding a new system!) but the payoff is significant. You’ll save time, reduce admin costs, eliminate errors and make all round better financial decisions. It’s an investment that pays for itself - quickly.

How can we help?

At Cool Code Company, we help business owners like you, to get your software speaking the same language. Whether you’re looking to connect your accounting system to your CRM, sales platform, ecommerce site or a custom in house system, we’ll tailor a solution that fits your unique setup exactly.

We will of course handle the tech and the tricky bits so you don’t have to and you’ll end up with smoother workflows, live time visibility and fewer hours lost to manual admin - all without replacing the systems you already know and trust.