Working in the service industry in Canada presents a number of challenges.
Handling money, for example, can be challenging, because each province – and then each county within the provinces – may handle taxes and other fees differently. Invoicing and payroll are suddenly daunting tasks.
Adding to the challenge of handling money is the fact that many accounting departments are using off-the-shelf accounting software that can’t be automated to handle the different taxes and fees. In addition, it’s unlikely that the software can cost to specific projects without multiple entries. Both issues ultimately require manual entries made by employees, a process that has been proven to be error-prone.
Such software and error-prone practices generate questionable financial reports. Why? Because the gathered data is static – that is, a historical snippet of information and therefore possibly inaccurate – versus real-time data, which gets updated as it changes. Such software also isn’t available on a mobile platform, which does little to facilitate workflow; finally, spending so much time looking for information is a waste of time and energy for everyone involved.
Companies looking for software that is more customizable, automatable, and scalable as well as more accurate and easier to use are turning away from these off-the-shelf software suites. The new way to work smarter, not harder, arebusiness management software systems.business management software systems are sleek, single database management systems that offer transparency and real-time data updating throughout all your departments, from accounting to warehousing.
Today’s business management software system technology makes handling money easier than ever. No matter where or when your business offers its services, the business management software system platform gives you a seamless flow of information that results in faster billing, payroll, and payment cycles, leading to a healthier cash flow.
Do you have questions or comments? Do you want a business management software system for your company? Contact Asyma Solutions for more information today.