How the Wrong Accounting Software Can Cost Companies Millions

Choosing the right accounting software is important investment for any company, but choosing the wrong software can be extremely costly. This is not a decision to take lightly, and it requires due diligence and extensive research.

Traditional accounting solutions are becoming increasingly obsolete as the industry makes way for more accessible cloud-based solutions. The cloud offers the same perks of traditional accounting solutions, except faster, more secure, and more accessible.

What’s in the best accounting software?

Today’s most valuable accounting software solutions provide end users with more free time to do the things that really matter—like analysis. Accountants are steadily moving towards more strategy-driven advisory services, winning more business and taking on more clients than ever before. But with the wrong software solution, there won’t be any free time for advisory services or additional clientele. In fact, those accountants are likely to lose existing business to the more progressive financial leaders who are embracing the cloud and ramping up their portfolio of offerings.

The best accounting software should allow your team to:

  • Close the books faster
  • Automate accounting processes
  • Simplify multi-entity accounting
  • Gain real-time visibility
  • Simplify audit and compliance
  • Streamline financial reporting
  • …and so much more

A lack of automation, accessibility, and easier reporting functions quickly costs company dollars.

How can Flexi help

Through a secure, enterprise platform, Flexi automates the entire accounting workflow process and delivers ROI in months—not years. As a result, your finance team can spend far less time on the close, consolidation,and reporting processes, and more time being strategic and proactive. Depending on the size of your organization, this could save you thousands—if not millions.

With Flexi, you won’t be stuck with a costly system that leaves you unable to adapt to changing market or business needs. Instead, Flexi offers extreme flexibility in every way. From deployment options, implementation, and setup of business rules, to integrations with other systems, Flexi’s got you covered.

The bottom line

Flexi delivers all the rich features you’d expect in a top tier accounting solution, but without the high cost. With quick implementation that can be deployed on-premises, in the cloud or in a hybrid environment, Flexi will not only simplify your accounting processes today, but also will have you ready to adapt quickly to market or business changes in your future.

Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.

Enterprise Accounting Software Doesn’t Have to Be Complicated – Flexi.com Makes It’s Easy

True to its name, Flexi is a flexible accounting solution provider.

At its inception, one of the primary goals of Flexi was to provide companies with a non-proprietary, feature-rich accounting system that could be scaled to handle millions of transactions, yet remain flexible enough to handle the unique requirements of any company. Openness was critical so that the software application could be easily integrated into any system.

Today, all of Flexi’s solutions are enabled through web services, allowing companies to streamline accounting processes.

How does Flexi do it?

Flexi.com offers the following perks with its accounting solutions, making it an uncomplicated solution that makes it easy for companies to scale.

Flexi solutions…

Improve Business Performance – Increase data accuracy by eliminating duplicate entries, automating manual processes and streamlining the approval process.

Reduce Expenses – Save on hardware, software, upgrades, technical support and licensing. Maintenance and support costs are built into a subscription-based, pay-as-you-go pricing model.

Enable Collaboration – Provide your staff with a continuous, mobile-ready connection that instantly syncs data when connected to the Internet.

Increase Security – Flexi adheres to strict International Organization for Standardization (ISO) security standards, as well as regular security audits.

Share Information – The cloud enables your staff to securely access data from anywhere, at anytime.

Are Proactive – As a fundamental part of your organization’s routine, utilize accounting software to continuously review financial data as business demands change.

Increase Confidence – A proven financial management system, used by over 800 businesses, allows you to adapt to existing and future market disruptions.

Gain Flexibility – Our flexible solutions enable you to react quickly to new financial rules and regulations.

Eliminate Unnecessary Expenses – Identify money that is consistently spent and classify areas of your business that are contributing to unnecessary cash outflows.

Enforce Payment Discipline – Assist in debt collection with automated notifications of overdue payment.

Bill Promptly – Send invoices as soon as products have been sold, saving time on sales follow up.

Increase Efficiency – Enable your organization to be more efficient through automating many of your manual processes, freeing your staff to devote their time to higher value activities.

Streamline Performance – Automate the integration between your front and back offices, and streamline the procure-to-pay process by introducing an electronic invoicing solution.

Simplify Distribution – Provide simple, fast report distribution, such as generating and distributing department financials, with just the click of a button.

The bottom line

Flexibility and scalability are hallmarks of Flexi’s solutions. With ease of use and years of experience, Flexi is a name to be trusted in the accounting space.