Cloud Business Systems
Helping you to build a better business
in the cloud
Cloud Business Systems
Crowe Horwath has partnered with the
leading cloud accounting providers
in Australia to provide our clients
with leading edge integrated cloud
accounting solutions.
alleviating the upfront cost of traditional
software, and include regular updates,
so you do not pay for costly upgrades
each year. Service providers such as
Xero charge on a per organisation basis,
rather than per user, so you can include
all your staff, bookkeeper, accountant,
banker, etc on the one subscription fee.
What is cloud accounting?
Accessible
Cloud accounting involves access to
accounting software and data through
an internet browser. The software is
provided on a subscription basis and
the data is stored on a remote server.
This differs from a traditional accounting
system that involves the purchase of
software and installation on either a
workstation or local server.
Because the data is stored in the cloud
(on a remote server), multiple users
can access the data at the same time,
regardless of where they are located. All
you need is an internet connection. As
the data is available online there is no
longer the requirement to transfer files to
your accountant at the end of the year.
Access to the cloud accounting
applications and data is controlled
through user login access, as opposed
to the physical location of the data files.
This means that data sharing is easier
and avoids the requirement to physically
move data from one computer site to
another.
With your data accessible online, it is
easier for your accountant to work with
you on improving your business. At any
time your accountant can log in to your
account, view your data and provided it
is kept up to date, give real time advice
about improving your business.
Benefits of moving your
business system needs to
the cloud
Cost effective
Cloud accounting products are normally
paid for on a monthly subscription basis,
Advisory
Collaborative
can be processed by the system,
only requiring confirmation from you.
Furthermore, the process for transferring
data from accounting systems to reporting
systems can be simplified and automated,
saving time and money!
Secure
Responsible cloud system providers place
huge importance on security. Security
levels are maintained at a similar standard
to that of internet banking. With proper
controls over account and password
access, cloud accounting can be just
as, or even more secure, than traditional
accounting methods.
Making the switch
Migrating your financial data into a new
system may seem like a daunting task.
We have assisted many clients in moving
their accounting system to the cloud.
Efficient
Our conversion service will move your
accounts from your existing system onto
your preferred cloud platform, and our
training services will make sure you and
your team are ready to use the new system.
Many cloud accounting products have
built-in time savers, such as automatic
bank feeds. These are set up with your
bank and send transactions straight to
your cloud accounting package each
night. The system learns (and can be
taught) how to code these transactions,
meaning many of the bank transactions
Our cloud accounting packages can
be crafted to meet your specific needs
if the standard packages are not quite
right. Check with your Crowe Horwath
advisor to see if the annual accounting
tax requirements can be included in
your package at a convenient fixed
monthly charge.
Fixed price cloud accounting packages
Packages:
Cloud Basic
Cloud Assist
Cloud Advice
For confident
users able
to maintain
their own
accounts.
For businesses
that can
handle
most of the
administration
themselves,
but would
like some
reassurance
they are on the
right track.
For businesses
looking to
make the
most of their
accounting
information
and guidance
from their
Crowe Horwath
advisor.
Cloud
Outsource
Businesses
looking to
focus on
building and
improving
their
business by
outsourcing
some of their
back office
operations.
Inclusions:
Crowe Horwath also provides the
following add-on services that can be
added to your selected package, or
alternatively on a pay-as-you-go basis.
■■ Annual tax planning
■■ Registered office maintenance
■■ Annual FBT return
■■ Annual budget workshop
■■ Annual budget preparation
■■ Succession planning
■■ Financial, Credit Risk and Operational
Scorecards
Implementation/
conversion
3
3
3
3
■■ Trend Analysis, What If Analysis, and
Scenario Planning
One 3 hour training
session
3
3
3
3
■■ KPI Reporting Systems and
benchmarking
Monthly software
subscription
3
3
3
3
■■ Business plan preparation including
workshop
Monthly/quarterly
activity statement
3
3
3
Quarterly
management
report with analysis
3
3
3
3
3
Quarterly business
improvement
consultation with an
experienced Crowe
Horwath advisor
Tailored
bookkeeping
service
Advisor support
3
3
3
3
3
■■ Annual strategic planning workshop
Talk to one of our advisors
Please contact your local Crowe Horwath
advisor to find out how we can assist you.
Adam Di Tommaso
Accountant - Business Advisory
Tel +61 3 6323 1222
adam.ditommaso@crowehorwath.com.au
62 Paterson Street
Launceston TAS 7250
launceston@crowehorwath.com.au
About Crowe Horwath
Crowe Horwath Australasia is the largest provider of practical accounting, audit, tax, business and financial advice to individuals
and businesses from a comprehensive network of over 100 offices.
Crowe Horwath is part of a global accounting network that delivers high quality audit, tax and advisory services in over 100
countries. We are the relationship that you can count on – large enough to offer a range of expertise and skills – and small enough
to provide the personal touch.
Tel 1300 856 065
www.crowehorwath.com.au
The relationship you can count on
This fact sheet provides general information only, current at the time of production. Any advice in it has been prepared without taking into account your personal
circumstances. You should seek professional advice before acting on any material.
Liability limited by a scheme approved under Professional Standards Legislation (other than for the acts or omissions of financial services licensees) in each State or
Territory other than Tasmania.
Crowe Horwath (Aust) Pty Ltd is a member of Crowe Horwath International, a Swiss verein. Each member firm of Crowe Horwath is a separate and independent legal
entity. Crowe Horwath (Aust) Pty Ltd and its affiliates are not responsible or liable for any acts or omissions of Crowe Horwath or any other member of Crowe Horwath
and specifically disclaim any and all responsibility or liability for acts or omissions of Crowe Horwath or any other Crowe Horwath member.
Crowe Horwath (Aust) Pty Ltd ABN 84 006 466 351. Date: August 2015