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Digital accounting is refers to the accounting transaction process transform by using an electronic. Instead of using papers, all accounting transactions by using digital technologic to provide financial information. The benefits of adopt the digital accounting it can be streamline the processes flow and the automation will help to improve efficiency in workflow process.

The digital accounting is play critical important role for all type of businesses. Thus, it suitable apply in small businesses, from start-ups and sole traders to limited companies.

 

Automation & Integration for Accounting Process

However, most of SMEs opt the traditional method in their accounting by manually for day-to-day entries. By using traditional accounting it will burden to the business for manage invoicing, expenses, receipts, payments and etc. As a result, the small business will under pressure incurred high cost on hire more staff for prepare documentation and financial information to met regulatory requirements.

Most of the SMEs have wrong perception that using digitizing in accounting systems will costly. In fact to start transform digitalized in accounting by using cloud based accounting, payroll system will help save cost and reduce of staffing cost. For small business they only need internet and company existing device such as computer / smart phone / tablet.

For small business can by using outsources cloud base accounting and payroll services then will able start transform digitizing accounting systems. Transform digital accounting by adopt cloud based accounting it will help to improve businesses cashflow for expanding business in future. This is because the process automation will reduce in staff cost on manual work, improve productivity and paperless.

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#Amengo Management is uniquely positioned to help SMEs transform digitalized business process. Our purpose is to make a difference in the service we assist provide to SMEs by streamline their accounting processes to meet the cost effective. We are specialist in business outsourcing service on bookkeeping, business advice, complex accounting services and payroll.

Our experts will offer friendly, professional advice to business owners who have a desire to increase productivity with cost effective in their business and systematism in accounting processes. We will measure your account safe with Digital Accounting’s choice of cloud-based accounting software.

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