Your employees are thanking you because you’ve decided to streamline your business by investing in Salesforce – but welcoming your company to the 21st century doesn’t stop there. All of a sudden you realize you need new accounting software. As it happens though, accounting is actually more powerful on a CRM platform like Salesforce. So, when searching for a native Salesforce accounting software to enhance your financial management, consider these essential qualities for a truly comprehensive, transformative investment for your company.
Connected Salesforce Accounting Application
One of the ways you can harness the full power of the Salesforce Platform is by linking all of your financial solutions together in a single platform. This frees you from having to rely on outside applications that must be integrated with your other business tools. One of the main benefits of choosing accounting software built on the Salesforce platform is that there’s no need for costly integrations to a solution outside of Salesforce. It’s already natively connected.
It’s also important to consider how effective your native Salesforce accounting software will be at managing transactions and transfers. Be sure your prospective software is capable of connecting to the banks and credit card companies you use, as well.
Flexible Salesforce Accounting Solutions Enable Growth
Software flexibility is a decisive factor in whether your software can fully support your business or hold you back. Consider how optimized the software is for configuration and customization. One pitfall of most accounting software is that they can be very difficult, if not impossible, to tailor to an individual business. Without being able to configure your accounting software to your specific requirements, you will struggle with the system, costing time and money in the process.
Every business is unique, so a one-size-fits-all type of accounting software really doesn’t allow room for unique configurations that make sense for your individual business. To gain true value out of your accounting software, it needs to be able to conform to your individual needs and processes. Whether you use a deferred revenue or project-based revenue model, you need an accounting software that will adapt to your needs. This flexibility enables the software to continue growing with your company – as opposed to remaining stagnant.
Automation is Revolutionizing Salesforce Accounting Applications
The accounting profession is changing for the better. Transactional accounting is now more streamlined and easier to manage than ever because native Salesforce accounting software like Accounting Seed can fully automate these repetitive entries for you. Automation features are very important in accounting software because this will help reduce your manual labor and enhance the accuracy of your overall accounting system. You’ll spend less time putting in the numbers, and instead have more time to analyze them, giving you the necessary data to make better, faster business decisions. Automation enables you to focus more on your business and customers instead of bookkeeping.
Collaboration is Essential for Success
Collaborative features are essential for modern accounting software. One of the major benefits of cloud-based accounting software is the ability to share information between different applications. In accounting, cloud-based functionality meets its zenith when it allows team members to fully visualize the variables contributing to the financial solutions.
A collaborative accounting solution helps your team, customers, and other stakeholders work together and have a complete understanding of account behavior. This expedites the accounting process while making it easier for your team to provide collective insight into entries and accounting variables. Your team also gains the real-time data needed to make the best decisions for your company’s future.
Trusted and Reliable Salesforce Accounting Software
Besides having the desired functionality, a native Salesforce accounting software needs a reliable API that enables it to communicate and work with other applications on the platform. Otherwise, the connections and triggers with other Salesforce applications in your management system will break or experience interruptions, throwing your accounting and operations into disarray. The API should be adjustable and compatible with your business and industry needs as well.
As you continue to look for the right tools for your business, you’ll want to invest in a native Salesforce accounting software that’s trusted to deliver the best performance. Be sure to examine customer reviews, success stories, and product documentation to ensure that the accounting software is reliable.
No Salesforce? No Problem
Whether or not you have Salesforce, Accounting Seed offers a comprehensive, automated accounting system optimized to work with any business. Utilize the full functionality of your existing Salesforce ® management system or simply use Accounting Seed as a stand-alone product. Accounting Seed’s robust and flexible software lets you fully pilot your entire back office in the way that best suits your individual business needs.