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Oct 22

Cloud Accounting Coast to Coast: A Canadian industry snapshot

Posted by Carol-Ann Brouwer at Thursday, October 22, 2015

In just a few short years roughly half of Canadian small and midsized businesses (SMBs) have started using some cloud-based services, including cloud-based accounting solutions. 

Accounting Anywhere - Cloud Accounting Canada

As a business helping SMBs make the switch to Xero - the beautiful accounting software, Accounting Anywhere can’t stop sharing the good news about the benefits of converting to cloud-based accounting in Canada.

When SMBs convert from another accounting and payroll system to Xero, there is nothing to install, upgrades are free, multiple users can access an account in real time, Xero connects to many popular business apps available on the market, and Xero performs automatic backups and you can use it from any device.

Telecommunications firm Primus recently surveyed 300 decision makers about Embracing the Cloud. What they uncovered is that while roughly half of SMBs have started using cloud-based business solutions, only 27% use cloud-based finance & accounting and 26% use cloud-based human resources & payroll solutions. That’s interesting feedback for the Canadian cloud accounting industry!

Among those who 86% of those surveyed who use cloud-based services reported improved business processes and 94% see at least one benefit. (For accounting and finance the benefits are countless - and Xero keeps introducing new updates and upgrades to make it better and better!)

So what about the nearly 75 percent of Canadian SMBs who have not yet embraced Xero cloud-based accounting solutions? Why are they hesitating to use bookkeeping and payroll services for Canadian businesses in the cloud? 

According to IT World Canada, security worries are a common concern and not many SMBs fully understand the potential offered by cloud-based services.

If you are wondering about the Canadian cloud accounting industry and what making the switch could do for your small business, Accounting Anywhere is ready to tell you what you need to know about Xero cloud accounting versus desktop software. Long story short: It’s secure, affordable (especially for multiple users!), and offers many accounting solutions with ease.

After a career with many years training businesses to use desktop software in Canada, Carol-Ann Brouwer, Global Trainer for XERO and CEO of Accounting Anywhere realized that cloud accounting is a game changer for small- and medium-sized businesses in Canada. She can quickly bring you up to speed on the world’s most popular cloud-based accounting software!
Contact Accounting Anywhere now for a no obligation consultation and learn how you can master Xero with Accounting Anywhere’s Xero training, conversion, or set-up services.

And if you would like resource materials for independent learning, Accounting Anywhere’s practical and comprehensive XERO training guides will help you move your business forward in the cloud.

Tip: Medical Professionals and Doctors have unique accounting and bookkeeping needs. Accounting Anywhere + Xero can help. Learn more about cloud accounting for doctors here. 

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