Modern and efficient.
A fundamental issue is the acquisition of capital and with it the ultimate question: is it worthwhile investing in this company? A well compiled corporate plan can be one of the most crucial factors when it comes to negotiating with investors. Nowadays, banks demand to see not just all of a company’s financial statements; in almost all cases, they also ask to see detailed and comprehensive information about a company’s future development plans. With an individual accounting system tailored to suit the company’s needs, this information can be made accessible almost every single day.
Effective bookkeeping requires more than just the entering and recording of invoices and receipts. Whatever form it takes, administrative accounting provides up-to-date centrally stored information about the company’s status regarding assets, earnings and finances. When supplemented with comprehensive debtor and creditor reports, a dunning process can be initiated, which can help avoid unnecessary delays in payments from customers and even payment losses. Such a step is crucial to ensure reliable liquidity planning for any company.
Only business owners who are able to gauge their company’s weaknesses with the help of an effective accountancy system are capable of taking measures in good time that will specifically counter any negative developments. This is a requirement to convince creditors that an investment in the company is a wise move and for additional capital to be provided to enable further expansion.
We would also be happy to facilitate the exchange of digital invoices/receipts and data with our offices. You would provide us with digital copies of receipts so that you can always keep the originals safe on your premises. In addition, the relevant documentation, e.g. for subsequent company audits, is automatically archived digitally. A further advantage is that this means you always have digital access to your accounts and can view their status at any time.
