Why use accounts production software?

Cloud-based accounts production software is revolutionising the way accountants prepare and manage statutory accounts, which makes sense, as it comes with numerous advantages over traditional desktop solutions. 

But what is accounts production software and why should you use it? 

Put simply, accounts production software should make it easy for you to prepare and file accounts with Companies House and HMRC, as well as keeping you compliant with all regulations. Here, we highlight three key benefits of adopting cloud accounts production software.

Direct integrations

A standout benefit of cloud accounts production software and one it makes sense to start with is its ability to integrate various accounting functions into a cohesive system, as well as integrating directly with Companies House. 

And that’s a core focus of Capium’s accounts production software: because we’re a Companies-House recognised supplier, you can easily submit your clients’ final accounts and statements directly from the software, without any back and forth. 

Our full suite also offers individual modules that are fully integrated with one another, eliminating the need for manual data entry and ensuring consistency across your firm’s records. This integration streamlines processes, simplifies repeatable workflows, and makes it easier to generate customised reports for each client.

Complete compliance with regulations

Another significant advantage of using cloud accounts production software is that you can rest assured you’ll always be fully compliant with regulations. At Capium, we’ve got a 20-strong tech team who are dedicated to continuously evolving our software, making sure it’s compliant with the latest legislation. 

Currently, our accounts production software is:

• iXBRL compliant – our software comes with integrated iXBRL tagging and is fully recognised by Companies House
• GDPR compliant – we take data protection seriously, which is why any accounts, reports and documents you generate can be password-protected and sent securely
• MTD-compatible – as recognised by HMRC
• Compliant with FRS 102 and FRS 105 – we fully comply with the current financial reporting standards for micro and small businesses, too. 

All the features you’d expect from desktop software – accessed anywhere

Finally, being able to access your tools from anywhere, at any time, using any device with an internet connection, is a huge advantage to using cloud-based accounts production software. Especially as it comes with all the features you’d expect from desktop software, so there’s no compromise on capabilities, either. 

Being on the cloud eliminates the need for physical servers or office-based systems, allowing you to work remotely or collaborate with clients in real time. Whether you’re uploading trial balances or creating new general ledger codes, cloud-based systems keep you agile. And, as your clients’ needs grow, the flexibility of cloud-based systems means you can scale your services accordingly, too, managing operations for various business structures, including limited liability partnerships.

So, why use cloud accounts production software?

Cloud accounts production software like Capium’s provides accountants with powerful tools to enhance productivity, accuracy, and security. By offering flexible access, integrating directly with Companies House, and keeping on top of compliance so you don’t have to, cloud accounts production software helps accountants deliver better services, while freeing up valuable time for higher-level tasks. 

To experience Capium’s comprehensive accounts production software, sign up for a free trial.