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Choosing online bookkeeping software will not only make your accounting processes easier and more streamlined, it will also make your entire business operations run more efficiently and take the headache out of your daily book keeping tasks.As a small business owner, managing your own accounts can be an onerous task. Trying to balance your own incomings and outgoings is tedious and repetitive and the slightest misjudgment can result in costly errors, wasted productive time and unnecessary headaches.

Traditional book keeping methods

Many businesses use spreadsheets or simply paper and pen to manage their accounts. Cheque books, note pads and word processing documents might offer a sufficient solution in the short term if you only have a small budget to manage, but as your business evolves you will face an increasing need for more efficient accounts management. As your business grows you will find your old tried-and-tested methods of accounting become insufficient. In addition, you may find most of your clients now use cloud-based accounting software and your invoicing and billing methods are not compatible with their own accounts processes.

Bookkeeping software can help you more successfully manage your accounts, allowing you to concentrate on other business tasks, while keeping you up-to-date with how your industry peers are doing business.

But rather than forking out a large sum for a cumbersome proprietary system which needs to be installed on your computer, today you can choose from a wide selection of internet-based Software as a Service (SaaS) accounts systems which make account management affordable and simple.

By accessing your accounts in the ‘cloud’, that is by logging in via your laptop, PC or other electronic device to a web-based platform, you can manage all your accounts in one place.

Big Red Cloud is an online bookkeeping software solution that allows you to instantly update and review your accounts using an easy to navigate interface.

Simply log on and manage your accounts anytime, anywhere. Manage your invoices, purchases and VAT with the click of a button.

Related: What cloud software can do for your business

Marc O'Dwyer

After completing a Graduate program in Marketing, Marc’s impressive sales career began at Allied Irish Banks, Pitney Bowes and Panasonic where he received numerous Irish and European sales performance awards and consistently exceeded targets and expectations. In 1992, Marc’s entrepreneurial spirit led him to set up his own business, Irish International Sales (IIS). Initially, this company was a reseller for Take 5 Accounts and Payroll software. Within four years, IIS became the largest reseller of Take 5 in Ireland, acquiring four other Take 5 resellers. He also found time to set up two mobile phone shops under the Cellular World brand and a web design company offering website design services for small businesses. In 2001, he bought the majority share in a small Irish software business, Big Red Book. At that time, the company was losing money. The company became profitable within two months, and Marc then acquired a payroll company to compliment Big Red Books Accounting products. In 2003, IIS were appointed as Channel Partners with SAP for their new SME product, SAP Business One. Marc sold his Take 5 business and concentrated on developing this new market for SAP As a result, by 2007, IIS was recognised as the largest Channel Partner for SAP in EMEA (Europe Middle East and Africa). In 2008, the IIS Sales Manager bought the Company from Marc in an MBO. He launched Big red cloud in June 2012, the online version of big red book, to date the company successfully converts 59% of trials into sales and the number of customers is growing rapidly. Marc continues to run both Big Red Book and Big Red Cloud which now support 75,000 businesses. He is a very keen sportsman, having played rugby for 20 years, represented Leinster at under 16 and under 20 levels, and league squash with Fitzwilliam Lawn Tennis Club for 10 years. Marc has competed in 11 Marathons, including the London and Boston Marathons, and has completed several Triathlons and Half Ironman races. He has also completed six Ironman Races in Austria(x2), Frankfurt (Germany), Nice (France) , Mallorca (Spain) and Copenhagen (Denmark)

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