2015 came to an end the first month of 2016 is nearly over, and truth to be told, I couldn’t be more excited about the remaining of 2016.
In 2015, there were significant improvements in the cloud accounting industry. Xero has doubled its number of customers in Australia, Intuit (famous for its QuickBooks software) Australia moved into a swanky new space in Sydney CBD, and here in Tailored Accounts, we experienced the fastest growth for our cloud accounting products (Xero and Intuit QuickBooks Online) and their add-on services. The future of business is in the cloud. Cloud accounting has proven to be cheaper, simpler, more insightful, and more productive. The cloud revolution has also changed the roles of bookkeepers and accountants—no longer are they merely crunching numbers at work, they are now making important decisions that influence the businesses they are working in.
Ever since we adopted cloud accounting softwares in Tailored Accounts, we have been assisting our clients to save millions of dollars by implementing cloud accounting technology into their financial management systems. Ours clients can now focus on running their businesses rather than spend time to sort out unnecessary paperwork such as BAS lodgement when due dates approach. Clients who outsource their finance or accounting services to us also have access to a pool of talented accountants in our office. I am proud to say that Tailored Accounts is fast becoming the accounting department of Canberra.
I am particularly looking forward to 2016 as I believe it’s time for Tailored Accounts to take off given the strong foundations we have built over the years. From a cash flow perspective, many of our clients are predicting a strong cash position for 2016, and they hope to take their business to the next level. Here at Tailored Accounts, we are extremely proud to be part of our clients’ successful journeys. The cash flow forecasting we have produced is constantly improving and is tailored to fit each of our clients in different industries.
If you feel confident about 2016 as we do, contact us to explore ways in which we can support and contribute to your business success.