Digital Future

The Future of Business is Digital

Written by: Institute of Certified Bookkeepers

Why going digital is more important than ever!
With the current focus across the Bookkeeping community on a change in tax record-keeping obligations to encompass all things digital plus the need to businesses to adapt to a new era in the way they operate, going digital for businesses is more important than ever.
The virtual world that we’re currently living in doesn’t allow for the same face-to-face interaction that many of us have become accustomed to and there is a concern for many businesses that this inadvertent transformation in the way business has traditionally operated will mean they have already fallen behind.
It is not too late to get started! The future of business is digital and small business needs to pivot away from traditional practices and realise success is now dependant on operating via digital channels.

The first step
The first step to going digital is to understand how it can benefit a business. Explaining to Clients/Business Owners why they need to go digital can be an overwhelming task. To help your businesses recognise the need to digitise here are some tips to making the first step.

The benefits of digital mainly come from the following sources:

  • Tools you access through the internet such as cloud programs mean you can collaborate anywhere and anytime using the internet.
  • Systems that communicate.
  • An online presence – your business window to the world.

Systems that communicate

For Bookkeepers and BAS Agents, systems that communicate is the benefit of most focus in our industry.

Implementing systems such as the way staff are paid and rostered, customer relationship management programs, product inventory systems and financial management systems that can be integrated for streamlined processing means less processing errors and empowers Clients/Business Owners to track and reduce expenses.

Embracing new digital technologies can save time, help find new customers and assist businesses to become more efficient

How to prepare a business to be digitally ready

There are several tools you can use to convince a small business to convert to a digital platform. have developed a digital transformation guide to understand the benefits of going digital and what that means for small business.

The Australian Small Business and Family Enterprise Ombudsman (ASFBEO) have also developed advice on helping small business to digitise.

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Accountability BAS and Bookkeeping Services provide professional bookkeeping and BAS services to businesses in most Australian states.

What our clients say about us…

“I had the pleasure of being introduced to ABBS through Jo Bacon the WA representative. The professional service.  I have received has been so essential in assisting me with my new business, I am so grateful for the expertise, professionalism and excellent customer service I have experienced.” Marion B

“Thanks to Steve Cocks from ABBS we managed to get all the books up to date and in no time, … and that took the weight off my shoulders so I could focus on developing my business and moving forward in a more organized and structured way, keeping on top of things every month which makes life much easier.”  Elisabeth G

“As an ex-bookkeeper, I’m pretty fussy about how I like things done and I’ve found Caran from ABBS to be a pleasure to work with. She’s competent and efficient and now that I have her helping me with the bookkeeping for my business, I wouldn’t be without her.”  Sandy T

    “As a sole director of a regional law firm,  I’m very conscious of the need to have the proper business support, particularly in the areas of bookkeeping and trust accounting. Since I outsourced those components of my business to ABBS, I feel as if these vital components of my business are in expert hands and I can relax knowing that it is all being done properly , efficiently and legally.  Rob’s expertise with running a business including his insight with managing employees, his ready availability for a discussion at any time on any business matter, his advice and support, have been absolutely invaluable to CastleGate Law.  In addition, Janice from ABBS looks after my trust accounting through Leap with equal efficiency and expertise – she and Rob make a great team for any law firm.  Not only do I feel like I’m sharing the considerable burden of running a law firm, but I feel like in Rob I have someone on my side as a business owner, because of his implicit understanding of business matters, his encouragement and support. For all these reasons I cannot recommend ABBS highly enough as additions to any law firm or business partner. ”  Kate R

If you would like a brief chat or schedule an online meeting, then call me on:

1300 0 ABBS 0

(1300 022 270)

If you would like to get an instant quote:

To be able to provide you with a relatively accurate quote, we will need you to provide some core information that is used for this purpose only.

We suggest you have the bank statements or closely estimate the number of transactions on all business bank accounts and credit cards for the last three months.

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