Going Paperless

As a business owner you know you need a paper trail for everything you do. It’s vital that you keep good and accurate records of all transactions. However, over time all that paperwork starts to accumulate to the point of overflowing file cabinets and storage units. This can result in a huge business expense that really adds up over time. For example: 

* Equipment maintenance 

* Supplies: for example ink and paper, etc. 

* Filing cabinets 

* Storage space 

* Personnel to maintain the files. 

Most business owners naturally want to keep overhead expenses under control. Going paperless is a great way to lower the cost of doing business. 

There are a couple of good cost effective ways to go paperless. You might consider outsourcing your bookkeeping or the use of a software program such as QuickBooks, each will allow you to run a more efficient business while improving your revenues. If you use a cloud for storage you don’t have to worry if your computer crashes or even if there’s a natural disaster. You should be able to view your information from any location. 

How can going paperless improve your business? 

* Time. You will be able to open a file and edit information at any time. You can save your documents in the correct place immediately after you are finished. 

* Storage. Your documents are stored on your computer and in a cloud, allowing you access at your fingertips at all times, reducing the expense of storage space. 

* Access. You would be able to access your files from different locations and not just at the office or put files on an external drive and carry them with you. 

* Increased efficiency. No more wasted time filing paperwork or getting stressed out trying to locate important paper work that was misfiled. 

At Summit CPA we offer outsourced bookkeeping services and QuickBooks consultations services. If you are interested in making your business more efficient contact our office at (260) 497-9761 to schedule an appointment with our advisors.