Key Features and Benefits of How We Can Support Your Business

Customised reporting – Benefits: Setting up a good bookkeeping system starts with focusing on the end product.  Cash Ways will set up financial reports which help you manage your business given the industry that you operate in and the current competitive business climate.  While there are many bookkeeping operations that appear to be basic and a ‘one size fits all’, Cash Ways will help tailor a system for your business needs and industry that will allow you to succeed.

Regular real-time reporting – Benefits: Cash Ways will set up customised management style financial reporting to suit your specific industry and business needs.  This creates a huge difference in the reporting outcomes when compared to a minimalist-tax-reporting perspective which is what small businesses usually end up with 6 to 12 months after the end of a financial year.  Regular reporting – at least every month – is essential for good decision making and business management.  You will be able to set goals and measure outcomes with the right type of reporting system in place.

Meet compliance deadlines – Benefits: Every business owner can identify with compliance deadline anxiety. Have I done it correctly?  Will I/Do I have enough money to pay my BAS and super?  Cash Ways’ qualified professional staff will ensure you meet your deadlines and you will know that it’s done correctly.  We’ll also set up a calendar which works with your cashflow projections to make sure you have the money when you need it because you’ll plan for these payments well ahead of time.  By removing compliance deadline anxiety, you’ll be free to focus on revenue earning processes to help you reach your business goals.  You’ll also avoid any possible ATO or Superannuation fines for not meeting deadlines!

Customised document and information management system – Benefits: Having consistent processes in place to deal with the flow of information needed for financial reporting and business operations will increase your business and staff productivity helping you achieve more than previously possible.  As your customers are the backbone of your business, we put a strong focus on having control over your accounts receivable processes and cash flow projections.

Simple changes can make huge differences.  For example, keeping track of receipts for minor purchases for staff expenses has always been a pain but can be made simple with the right technology in place.  Just take a photo of the receipt as soon as you get it and press a few buttons.  The information is then automatically recorded in your system without keying-in data.  Also, using cloud storage can help improve staff productivity when several people have to retrieve or work on the same document.  This removes anxiety about which is the current document to be working on.  Manual filing systems can also be improved to cut down paper handling.

Growth and expansion of your business – Benefits: Real growth and expansion of your business can’t happen without control of your business processes including purposeful goal setting, and information feedback on whether or not you have reached those goals!  With an uncontrolled bookkeeping system, the best you can expect to achieve is just to stay in business – just to survive.  Cash Ways services can help you get to the next level, and then the next level….

Transition support from one accounting package to another – Benefits:  We will help you work through the pros and cons of available accounting software to find the software that best serves your business needs.  Changing accounting software is the perfect time to develop essential reporting and workflow changes to make the new system work best for your particular business needs.  Staff training can be organized to make the best use of the new accounting package.

Rescue or remedial work – Benefits: Remedial work on existing accounting software requiring significant input to solve problems, can be extremely frustrating and expensive.  But our qualified and very experienced staff can help undo the problems which develop and accumulate using inadequately trained bookkeeping staff or your own efforts at ‘doing the books’ to save money.  This approach to bookkeeping is almost always counter intuitive as it ends up costing so much more to correct problems than to pay to have the work done properly in the first place.

Our Cash Ways staff have taken on some significant problems to bring accounting records back into line, e.g., one firm needed 2 years of financial records to be redone to satisfy audit requirements.  Another firm, with 12 sub-branches, needed 18 months of bank reconciliations redone.  Calls us masochists but, at Cash Ways, “We love messy bookwork…. ”

Staff support and training – Benefits: Feeling that training has been inadequate or that they can’t ask questions when needed, can lead staff to feel uncomfortable and unsupported in their role within the firm.  This just leads to frustration and a poor work environment resulting in lost productivity which can be very costly.  Cash Ways understands how important it is for staff to be comfortable with the training they have received for any existing or new systems.  Your staff training can be done on-site, or staff can come to our premises where we can guarantee no interruptions which is likely to occur in their usual office setting.

Non- standard services – Benefits: Our staff are a very talented bunch and can provide a range of other services to enhance your business needs.  Talk to us about:

• Direct-response business website development
• Graphic work to co-ordinate business branding
  • business logos and cards
  • graphic work for promotional purposes
  • graphic work for website pages

Our staff are always willing to talk with business owners about any problems they are experiencing and how Cash Ways might be able to help.  We offer a complimentary 30 Minutes consultation to discuss your problems and see if we can be a good fit with your business requirements.