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Let Tech Do the Hard Work

It’s safe to say that technology is imbedding itself into our lives. In December of 2016 the CRTC (Canadian Radio-Television and Telecommunications Council) announced that they were “establishing as a universal service objective that Canadians – in rural and remote areas as well as in urban centres – should have access to voice services and broadband Internet access services on fixed and mobile wireless networks.”¹

This initiative has granted all Canadians the ability to embrace technology. We use technology in all aspects of life, such as to:

  • Look at flyers from favorite stores
  • Check email while having a coffee at Tim’s
  • Order dinner on Skip the Dishes
  • Get an Uber to where you need to go
  • Check showtimes for a last-minute date night at the local theatre
  • Watch crazy cat videos on YouTube
  • Replace tangible wallet by using a digital wallet app to store card information

With technology playing an active role in our personal lives, we can now leverage this opportunity in our professional lives as well. Technology allows us to simplify the accounting process for businesses just as it simplifies our personal lives. It allows us to:

  • Take pictures of receipts to automatically cue up journal entries for expenses
  • Allow source deductions to be paid to the CRA automatically to avoid dreaded late filing and interest penalties
  • Allow a business owner to approve payroll while out boating on the Shuswap Lake
  • Speed up collecting cash from customers through digital payments
  • Digitally track employees’ time
  • Allow discussion of financial information real-time with your professional advisors
  • Allow access of company financial information to occur anywhere, anytime
  • Grow your business to its maximum potential without having to worry about hiring an internal bookkeeper

Technology can take a lot of the stress out of being a business owner. In fact, it allows you to spend more of your time doing what you love!

Contact us today to see how technology can be leveraged in your business to support your success.

¹ https://www.canada.ca/en/radio-television-telecommunications/news/2016/12/jean-pierre-blais-basic-telecommunications-services-press-conference.html

Business accounting technology simplify
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