You can make every task easier by choosing the right cloud accounting software. The mobile app is often overlooked as an aspect of cloud accounting software. Mobile applications are available from many ERP vendors, making it easy for you to conduct business on the go, just like your favorite bank or credit union. Your company’s finances are always at your fingertips, regardless of where you are during the day.

Why Mobile Apps?

In the past decade, the world has seen an explosion in handheld devices used to connect to the internet. According to Pew Research, 85% of Americans own a smartphone today, up from 35% in 2011. Increasingly, businesspeople are using their smartphones for business support and personal use, with fewer people using desktop or laptop computers for simple tasks like checking email.

Increasing smartphone usage has prompted companies to issue apps to facilitate easier and faster access to their systems. Apps are ubiquitous in people’s everyday lives, similar to how they bank or access their favorite social media sites. This also applies to business apps, which they use for finding and using their business tools.

App Requirements for Cloud Accounting Software

You need cloud accounting software if you frequently travel for business or if members of your company visit customers, travel, or work remotely. Using this type of software, users can log into the system through any device connected to the Internet. Additionally, if the software comes with an app, accessing the site is convenient and easy.

The question is, how do you choose the best cloud accounting software? Take a look at these requirements—which ones do you think you’ll need?

Does the software have a web interface? Internet access is easy and convenient with web-based software.

Is it customizable? A customization dashboard, such as the one found in Acumatica cloud accounting software (ERP), ensures users always have the information they need at hand.

Does it track data in real time? Are updates possible in real time? This is particularly important if customers access data through the accounting portal. Orders, refunds, and payment information should be accurate, up-to-date, and available to customers when they need it.

Does it provide consistent updates and improvements? Does the software maker issue updates and improvements? Some platforms infrequently update, while others, like Acumatica, release frequent updates and a few major updates each year. Both add functionality to the platform. As new features enter the market, you do not want to have to switch providers to access them, so you need a cloud accounting program that evolves and improves with the market.

A Flexible Approach to Mobile Finance Management 

Having access to your data via an internet connection means that no matter what the business world throws at you, whether you’re traveling, meeting customers, attending conferences, or working from home, you’ll have the access and information you need to keep your business running smoothly.

If you’re ready for a more flexible approach to mobile finance management, reach out to us for a free consultation.