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Tag: Sage 50c

Best Accounting Software for SMEs

How to Choose the Best Accounting Software?

 

How to Choose the Best Accounting Software for your business? There is a wide range of accounting software and finance management applications available today, Therefore, it is important to consider technology platforms, compliance requirements, and the regular changes in standards when you sit down to select suitable Accounting software for your business. This buyer’s guide will help you discover the best Accounting Software by providing valuable tips on what to look for and what challenges to be wary of.

 

Get to know accounting software with a free trial or demo

It’s always a good idea to start your research of accounting software with free software trials from reliable vendors. It can save you time and money, because you will be able to experience all the important features first-hand and identify any possible issues. To request a free trial or demo of Sage One or Sage 50c Accounting Software simply drop us a message on our contact us page.

 

Targeted Businesses

First, make sure you identify which business category you fall into. . Most likely, you will belong to one of the three following categories:

Best Accounting Software

  • Start-up –These companies are generally looking for accounting software that facilitates an easier entry into the accounting world. It seems to be the area where significant innovation is happening to structure the accounting system to the needs of small business owners. It allows for management of money in and out of the company, in one place, which provides for greater accuracy of the business finances. Sage One is ideal for this type of business, check out Sage One – accounting software for start-ups.
  • Small business – These companies have fewer than 50 employees and have an annual turnover not exceeding €10m*. A well maintained and healthy cash flow is vital; any late payments from customers can have a great impact on running their day to day operation. We have written blogs about 5 Ways to Improve Cash Flow. Also check out our Sage 50c product page – accounting software for small business.
  • Growing small business – These companies seek more sophisticated features such as greater data storage, ability to manage and track expenses effectively and control inventory costs and quantities etc., and they need nothing but the best accounting software to achieve it. Growing businesses upgrade their systems for a range of reasons. When a small business starts growing, it will begin to look for a list of specific features to boost its productivity. For those in need of a more detailed examination of this type of solution please visit the Sage 50c product page accounting software for small business.
  • Medium to Large enterprises – Big organizations need a comprehensive enterprise resource planning (ERP) suite to manage their functions. These systems are sure to offer features relevant to large companies such as foreign currency, advanced stock and order processing and multi-company consolidation. Such large entities really value seamless integration. If you require more information on this type of solution you should visit the Sage 200 – accounting software for enterprises product page.
  • Best-of-breed purchasers – These buyers look for specific functionality. For example, non-profit organisations seek systems with fund accounting features which track funds and generate insightful reports on how each fund is used. In the education industry, colleges and universities make use of software that tracks how financial aid is disbursed. Construction companies and engineering firms need a solution that can break down expenses by each location, project, and other criteria. Best-of-breed buyers really value specific functionality.

Types of Accounting Software

  • Database Accounting Software – This type of software can handle financial management, more complex tasks, a large network and complicated accounting functions.
  • On-Premise Accounting Software– In areas where internet connection is slow and limited, businesses can take advantage of accounting software in the form of CDs or DVDs which are installed on your desktops or laptops.
  • Cloud-Based Accounting software– These accounting software are available online and data can be accessed through the Internet or Cloud.

Key Features of Best Accounting Software

Although the features of accounting applications can vary significantly, there is a basic set of features each accounting application should have:

  • Performance Dashboards – a real-time accounting dashboard ammassing all accounting and finance metrics in one place.
  • Centralised Contacts – Ensures users can access key contact details, information, notes, history and files from any platform at anytime.
  • Expense Capture – Giving users the ability to photograph receipts and capture expenses, invoices and other paperwork digitally.
  • Track Cash Flow – Record sales and receipts in real time and link directly to the business bank account so users have the most up-to-date view of the company’s finances at their fingertips.
  • Easy invoicing – Create, edit & send invoices directly from the accounting software.
  • Manage VAT– Easily submit the company’s online return to ROS.
  • Reporting and Analytics. Grants insight into crucial financial activities and compares financial information. It is also a great asset for regulatory compliance.
  • Customization. Due the fact that it would take too many accounting software types to satisfy the needs of every industry, you need to look for a program which will at least allow you to customize forms, reports, and other facets to your standards.
  • Integration. Integration is a priority in the case of any accounting app, because it is essential for you to link your accounting system with other business apps in use. This enables the systems to draw information from each other without you having to import it manually.

Benefits of Best Accounting Software

The best accounting software solutions offer the following benefits:

  • Better visibility & control of income and costs, facilitating financially responsible decision making
  • Insightful reports that summarize key information clearly, for easier understanding and better decision making.
  • Compliance with regulatory requirements and reporting standards.

What Accounting Software does Pimbrook provide?

  • Sage One An affordable, secure and easy to use online payroll and accounting software for start-ups and small businesses.
  • Sage 50c – Ireland’s leading accounting software , Sage 50c will help you run your business more efficiently. It  will manage your accounting, invoicing, cash flow, inventory, taxes and so much more.
  • Sage 200 –An accounting software solution that combines advanced stock control, order processing, business intelligence and financial management into one solution.

10 Things to Know about Sage 50 Accounting Software

Sage 50 Accounts

Sage 50 Accounts (now Sage 50cloud) offers everything you need to run your business more efficiently – from accounting, invoicing, cash flow, inventory, taxes and so much more. It’s an easy-to-use accounting software for small business. Built-in checks and balances keep your finances on track and help you stay compliant with taxes and reporting requirements.

Sage 50cloud delivers built-in accounting best practices to keep your business finances on track and help you stay compliant with taxes and reporting requirements. It keeps your finances safe and secure with screen-level user access and bank-level online protection. You have peace of mind knowing your critical info is safe from prying eyes. It’s empower you and your employees to work anytime from anywhere, allows you to bill customers on the go, and gives your accountant real-time access to your finance books.

Here are the 10 Things to know about Sage 50 Accounting Software

1. Sage 50 Accounts Remote Connection

Sage 50 Accounts (now Sage 50cloud) accounting software can facilitate, cloud access via Office 365 integration, giving you more freedom and flexibility in how you work.

2. Automatically sync Microsoft Outlook contacts and Sage 50 Accounts contacts* to save you time.

Access customer balance information, credit limits, contact details and order history from Microsoft Outlook.

3. Cloud Back –Up*

Get the security and peace of mind with automated data back-ups stored offsite, in the cloud. You can also undo data entry errors by restoring data from the cloud as of a particular date. Never again be stuck without a recent backup.

To Know if Sage 50 Accounting Software
is a perfect fit for your business:

Learn More Book a Demo Now

 

4. Sage 50 Accounts with Microsoft Office Business Premium**

Minimize your vendors list and easily manage your technology platforms – and your budget – with one monthly payment that covers your core business solutions, including your accounting package and your office suite.

5. Sage 50 Accounts Dashboards

Keep a finger on the pulse of your business with a visual dashboard highlighting key areas of performance and stay a step ahead with a view on key revenue and budget trends.

6. Customers & Sales in Sage 50 Accounts

Manage your customer contacts and create quotes, sales orders and invoices with ease. Track customer payments, issue monthly statements and customize your forms with your logo and specific information. Take your invoicing to the next level with mobile invoicing from wherever you are with Sage 50 Accounting.

7. Vendors & Purchases

Keep track of your vendors, pay your bills and track your purchases. You can manage and track your expenses effectively with mobile payments and bank feeds in Sage 50cloud Accounting Software, so no matter where you are your expenses are recorded and the headache of lost receipts is a thing of the past.

8. Inventory in Sage 50 Accounts

Optimize inventory management and control inventory costs and quantities. Take it a step further and assemble items on the fly or create complex builds from stock items.

9. Reporting Centre in Sage 50 Accounts

Stay on top of your financial performance with more than 93 easy to generate reports. Define timeline parameters, view Budget vs Actual and export to Excel ®.

10. Banking in Sage 50 Accounts

Transfer funds, make deposits and reconcile your bank account. Make the process even easier with bank feeds – skip the data entry and sort your bank transactions into Sage 50cloud Accounting.

Sage 50

 

Sage 50cloud is a trusted desktop solution that seamlessly blends productivity and accounting software with secure online access and Microsoft Office 365* integration.

* Once the backup is set and the option to sync to office 365 it will then automatically backup.

** Included with Sage 50cloud Standard and Sage 50cloud Professional. Available on Sage 50cloud Essentials for an extra charge.


To hear more about Sage 50 Accounts from Pimbrook

Contact us today on 051 395 900(Waterford) or 01 862 4016(Dublin)
Let’s start the conversation!
Contact Us!
Pimbrook is the leading provider of Sage Accounting & Payroll Software to the SME market in Ireland. We are an accredited Sage developer and reseller with over 17 years’ experience implementing and supporting Sage products. We offer the best accounting software and payroll system and aim to equip our clients with the Accounts and Payroll skills necessary to optimise their business.. We are the Sage 50 Irish Partner of the year 2015, 2016 & 2017 and currently servicing 1,300 clients and growing.

Are you measuring your Customer Service Performance?

Customer service is a business capacity that is notoriously hard to gauge accurately. Although you can garner feedback, count complaints, and strive to eliminate service problems.  It’s still very difficult to ascertain your customer service performance. How can you judge with precision something that is not a tangible?

People have different, yet highly personal requirements for satisfaction, and when you attempt to quantify that type of information with sweeping generalities, the results don’t always accurately reflect your business’s service level.

Whilst some customers will definitely make themselves heard when displeased, many others will quietly grumble to themselves, and eventually choose a new company to supply the service or product they need.

However, you can develop techniques that deliver the metrics your business needs to accurately gauge the strength of your customer service. It simply requires developing a comprehensive view of the KPIs (key performance indicators) that will deliver the best results for your particular business.

Sage 50 Customer Service Awards
Customer Service Awards

How Can your Software help measure your Performance?

Depending on the type of  CRM (customer relationship management) software you use, the key to developing the right KPIs for your business depends on your business. Naturally, some of these suggestions will support certain business strategies better than others. So it’s up to you to determine which metrics will offer the most actionable information for your company.  Deciding what information you want is often the hardest part.

Overall Satisfaction/Improvement

Customer satisfaction surveys offer good insights into your overall performance. By regularly asking for feedback, your customers receive the impression that your service ratings are a crucial part of your business, and that their overall satisfaction is a high priority.

In addition, you should measure the improvements (or declines) you see from your feedback surveys. By tracking these changes, you can identify accountable areas in your business and consequently, either alter the processes responsible for poor results, or recognise the individuals behind exemplary ones.   Survey Monkey is easy to use, although the free version has it’s limitations.

Try Monitoring these to start you off:
  • Retention Data

The length of time a customer has used your company, or the amount of repeat business you achieve is a good indicator of good customer service.

  • Lead Conversion Rate

This metric is a good individual KPI for tracking staff effectiveness. And it is also invaluable to your overall customer service. Measuring the likelihood of a customer taking action after interacting with one of your team provides insight into your general customer service levels.

  • Competitor Analysis and Comparisons

Monitoring how your business compares with others in the industry is also important. You might have a perfect customer service record, but there will still be times when a customer chooses your competitor over you—perhaps due to convenience, or some other factor wholly unrelated to your abilities. Seeing how you measure up through industry comparisons is an effective method for gauging good customer satisfaction.

  • Average Time to Resolution—Active/Resolved Issues

Good customer service involves dealing with issues swiftly and effectively. Tracking how long it takes your company to handle a problem, along with comparisons regarding the ratio of active to resolved issues offers actionable information about your current customer service performance.

Businesses can accurately measure good customer service, but it requires a comprehensive outlook and functional software that is able to garner the right information.

 

Here in Pimbrook we pride ourselves in our Award Winning Customer Service, We constantly monitor and try to find ways to improve our customer service. Every Day. Test drive us today for YOUR Sage Support.

 

E-Commerce Tips for a Small Business

More and more businesses are moving online- E-Commerce. And there are more incentives to do so everyday.  Online shops present huge opportunities for new budding Irish Start-ups with bright business ideas, as well as for already existing off-line businesses in Ireland who want to reach new markets, both Nationally and Abroad, The increase in online retail in the consumer market will be followed very quickly by business to business.  And companies are making it easier. Sage themselves now no longer ship physical software product to us, we get all our Sage Accounting  (Sage 50c) and payroll (Micropay) software online, making delivery quicker and easier.

E-Commerce
Use the clickabliity of images to drive traffic to your website.

 

Top Tips for E-Commerce:

  • Hire a Professional.  Don’t even imagine that it’s easy or that you can google how to do it.  Buyers are increasingly more selective about buying online and are far more likely to purchase from a website that looks good and functions well. Prepare to spend at the start in order to save money and more importantly for a small business, time, in the long run.  In addition, freeing yourself from the initial design and set-up also allows you to focus on other important aspects of getting the online business off the ground. Setting up an E-Commerce business, even a few years ago was costly and time consuming as it was most likely going to be a bespoke product, not very suitable for small businesses in Ireland.  But now it is a more competitive field, with help available from the Local Enterprise Office through their online trading scheme.
  • Know your Customer, both Existing and Potential.  As we said, if you don’t currently have an online business you are reaching into a new market. Know their age, their gender, where they originate from, their hobbies, interests, what websites they like to visit, what their job is, their online buying habits and how many times a day they go online. This will make it so much easier to market to your customers.  And Yes, this seems like a lot, but a simple e-survey with a possible incentive, as in a prize, or voucher, can go a long way to sweetening the deal.
  • Be Social.  Reach them through the market you want to join, for example, if your business is Business to Consumer, Facebook is probably your medium of choice. If you are selling very visual products, try Instagram.  Have a look at our blog on Social Media to get you started.  If you intend to run an online anything you need to have an active presence on some or all of the main social media platforms. Sign up and secure your business name as soon as possible. Social media is a way to engage with your audience and share information with them on a constant basis.  Choose your platform wisely, I find the easiest way to do this is to look at the age demographic. I feel Social Media allows our brand and business to be creative and show personality, which for a customer, could be the difference between you and your competitor, and you want to drive them to your E-Commerce site as easily as possible.
  • Link your Systems. As far as possible the switch to E-Commerce should be easier and more cost effective in the long run, therefore it makes sense to link your Sales through your E-Commerce site directly to your accounts, Eliminating the need for double administration. We partner with Actinic, a one stop shop (excuse the pun) to get your E-Commerce platform off the ground. Talk to your designer and us about this at any stage, but make sure it is sooner than later, we can help.  Contact us on 1850-202502, or by email.

 

How Award Winning Support can help YOUR business

 

Here at Pimbrook we believe in Customers for life!

Pimbrook staff will respond to you and your employees’ requests within an agreed timeframe, which can be as quick as a few minutes.

Types of Pimbrook Payroll or Sage 50 Support:

 Our Sage Support can be delivered through various mediums, including e-mail, telephone, applications and technicians.  The most common is the telephone.  But times have changed and we’ve moved with them.  Remote support is now the most useful tool in conjunction with the phone call. Letting us be right there beside you in your office instantaneously.

– Since now the two companies are the same, we have a range of different support contracts to suit different companies and different budgets.

You can choose the support contract that ensures you minimize downtime, your staff are productive and satisfied, and you are getting the most from your Sage Software

Advantages of Payroll or Sage 50 Support Contract

Immediate personal contact- leading to less down-time

Less time spent by staff trying to resolve technical issues themselves- taking them away from other tasks

Better return from your software investment/ maximum productivity of the solution

Advisory and consultative support which means  better use of your systems

Direct access to accredited & Knowledgeable Technical Experts

Increased employee/customer satisfaction- due to smoother business processes

Sage 50 Support
Regular Contact:

We don’t just leave you alone until you have a problem.  We will contact you as a valued customer throughout the year, advising you of training and updates,  and just to make sure your system is running the way it should

This pro active contact allows for pre-emptive corrective actions-

Results in decrease in system downtime

Providing better product quality, ensuring your staff are using the software to its optimum- thereby raising worker morale & productivity.

 

But don’t take our word for it.  Look at some of the testimonials from our long standing valued customers.

 

Contact us today to find out more.

 

 

 

 

Scalability : Can your warehouse software grow with your business?

Scalability.

The 21st century’s term for basic, frugal common sense. But, it actually means much more for expanding new businesses and established companies that need to adjust their costs according to the fluctuations in the global and national economic climate.

Scalable technology helps prevent costly wastes. Software applications designed to enhance productivity and reduce supply chain maintenance expense are an effective resource for many SMBs, but can present problems if the software isn’t designed to adapt to the business success it creates. And this can be particularly problematic for distribution or manufacturing companies that operate with high volumes of inventory with very slim margins.

Scalable Software 101

Scalable software typically refers to in-house business applications such as finances, inventory management, and CRM programmes that are able to adjust to expanding data amounts or an increased number of users. And this is extremely crucial for warehouse software.

Essentially what starts with a limited amount of space and usable resources adapts as your business grows, and changes as new demands become necessary for maintaining operations. For example, with scalable warehouse management software, your company can achieve the benefits of streamlined workflows through real-time information, but avoid paying for large amounts of database presence until you actually need it.

Static Dangers

In today’s mobile society, using static systems to perform business requirements costs your company time, money, and outreach potential. With a static software model, once you’ve achieved your short-term goals, the company must purchase brand new applications and repeat the training process.

Moreover, in today’s fluctuating business environment, just leaving well enough alone can spell disaster. If you’re not moving forward to meet growing demands your business can stagnate, suffer, and fail.

Scalable Designs

When considering warehouse software for your business there are a few things to keep in mind. Scalable designs should feature:

  • Flexible inclusion for inventory based businesses
  • Inventory management techniques that adapt to meet changing demands
  • Embedded development for your specific uses (such as touch screen kiosks, electronic counting, etc.)
  • Expansive abilities that include purchasing, shipping, customer, and vendor data

You can orchestrate profitable growth when your warehouse software features cross-platform solutions that incorporate the various aspects involved in your inventory intensive business. A scalable model that includes the critical elements of customer and procurement orders, inventory control techniques, and intuitive reporting and analysis capacity can save large amounts of capital expenditure and grow right along with your business needs.

Although there are limits to every type of hardware and software design, by integrating scalable warehouse software, you can ensure that you’ve purchased long-term solutions for your business.

Contact us today to see how our software can help you scale YOUR business.

Sage 50c – Desktop with a Twist

 

https://youtu.be/vCCFfJjZ3Fs

Sage 50cloud Accounts (Sage50c) is the newest offering from technology leader Sage.  Giving you the freedom of desktop software alongside the freedom of smart, innovative and secure cloud/ mobile access.

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Backing up your Sage 50 Accounts 2015 V21

How to Back up your Sage 50 Accounts

Sage 50 Data backup involves storing files from your Sage 50 Accounts package held on your PC or Server and put them in another location. Backing up your Sage 50 data regularly is extremely important and easy to do. If your Sage 50 data becomes corrupt or your computer stops working you can recover your data easily. This can save you hours of work from re-entering lost information. When running a backup please check your data first to ensure you have no corruption or errors on your data.

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