Can you hear that faint ‘tick tock’ in the background as you pore over emails and invoices? That’s your creative time creeping away as you become bogged down in business admin. That’s to be expected, to an extent – running any kind of business takes up a lot of time, with lead generation, growth, sales and so much more to think about. Running a creative business, however, also requires time to imagine, to be inspired, and to get hands on with the work you enjoy the most. Unfortunately, there’s still financial administration to think about.
Managing finances and all the mind-numbingly tedious admin that goes with it is a surefire way to eat away hours and minutes of your day, without a second spare to be creative – but it doesn’t have to be that way. In this week’s blog, we’re helping you with your escape from the ticking clock using technology, allowing you to get back to spending time on being creative and running an innovative agency. So read on, and let’s get planning!
How Tech Makes You More Efficient
The answer to your time woes is two-fold:
- Take a systematic approach to making your financial management, internal processes and admin as efficient as possible,
- And use all the available technology and software tools at your disposal to streamline and automate those processes.
By applying both these principles, you can battle the tick of the clock, whip your agency into shape and get you back your creative time.
Online Accounting as the Financial Hub
A system like Xero’s online accounting software really can make a huge difference to the efficiency of your finances. And it does that in two quite different ways:
- Cloud accounting streamlines and automates your bookkeeping and data entry – saving you all those tedious hours of keying in boring numbers
- Xero also brings you fast, simple ways to see your core agency information – so you can get a brilliant overview of the agency, without wasting time in spreadsheets and long-winded reports
What Xero does is speed up the whole process of keeping on top of your numbers. Getting your transactions into the accounting system in the first place is quicker (and automated in many cases). Once that data’s there, you’ve got all sorts of flexible ways to break those transactions down.
But that’s just the start…
Start Improving Your Productivity and Your Profits
The second weapon in your battle against the clock is a simple one: it’s the My Accountancy Place team. We love the Cloud and we love Xero. And the main reason for this is the power that Xero’s real-time numbers and online reporting bring to the table. Cloud software may provide the technology to automate your processes, but it’s our experience, support and business advice that makes your agency a far more productive beast.
We can sit down with you and talk through all your important numbers – and show you them in a beautifully designed, clear, visual way that brings the whole business to life. And when you’re making those big decisions about the future of the agency you know we’ll be there with the information and guidance you need.
The dynamic duo of Xero and My Accountancy Place ensures your agency has:
- More creative time (through less data entry and admin)
- More intelligent information (from your Xero reporting)
- More insight and guidance (from our accounting brains!)
Beat the Tick of the Clock
If you can hear that clock ticking a little too loudly for comfort, now’s the time to act.
Come and talk to us about improving the efficiency and productivity of your creative business. We’ll be happy to sit down over a coffee and talk through the ways that Xero and the available software tools can turn around your agency.
