Effects of Accounting Systems on Business
Accounting systems are an integral part of business firms, from a small scale business like a bakery service operating at a local shopping mall to high-end Multi-national Corporation, all of them require an accounting system to streamline their operations. These accounting systems not only help you with cost management, but they also influence a positive impact on your value chain. On the basis of data collected by these accounting systems, future forecasts and financial reports are generated. This clearly shows the sheer power of an accounting system and how it can play a vital role in maximizing the profits of your business firm.
Accounting Systems and CRM
You can imagine the potential of a good accounting system from above-provided information and you are no alien to the sheer strength of a good CRM like VTiger 7. Now it is time to embrace, witness and experience the wonders a CRM can do when combined with an accounting software.
“Synergy is the bonus that is achieved when things work together harmoniously” – Mark Twain
Synergy can be of great use as it can yield additional benefits for the cause you are working on. Same is the case with accounting software and CRM, if CRM provides successful integration options with accounting system you are using then obviously it can prove to be more beneficial to you.
VTiger 7 and Accounting System Integration
Sorry to break it to you, but a decent amount of users fail to enjoy the perks of using an accounting system integrated with their CRM because of several different reasons. The most prominent one is that their CRM simply does not support such integrations. Secondly, the process of integrating an accounting system in CRM is so difficult that users prefer to avoid it. Last but not least, the integration process is so costly that even medium tier firms refrain from seizing this opportunity. Well, with VTiger 7, the case is not the same as the core value of VTiger 7 is to assist its valued customers in every possible way and that is what differentiates VTiger 7 from an ordinary CRM system.
VTiger 7 provides endless opportunities in regard to using accounting systems with CRM. The process of integrating an accounting software with VTiger 7 CRM is very user-friendly and easy to implement. In the cost aspect, VTiger 7 makes sure that its users enjoy cost effective benefits. That’s why integrating an accounting system in VTiger 7 comes with zero to no cost at all. From an online payment collection system to a billing mechanism installed at a point of sale, VTiger 7 caters them all with efficiency and accuracy. VTiger 7 supports a wide range of accounting software like Xero, Tally, and QuickBooks. For instance, you are using an accounting software which is not very mainstream, then all you have to use is Zapier to connect it with VTiger 7 and you are good to go.
A Scenario to Make you Understand how VTiger 7 is a Savior
Donald is running a medium scale clothing business, he is providing clothing product both online (shopping website) and offline (2 outlets). Although, Donald was using a CRM system, but managing accounts related queries were causing him nightmares. The reason behind this problem was his CRM failing to respond to his accounting systems. As Donald is operating both offline and online, his major fields of concern are managing online payment gateways like PayPal, Authorize.net etc. in addition to offline invoices generated by EPOS. He has to make double entries of the both online and offline payments which increase his workload significantly.
To deal with this problem Donald embraces the power of VTiger 7 CRM, he integrated his online payment gateways and EPOS accounting Softwares with VTiger 7 CRM. Now VTiger 7 streamlined all the accounting related process which troubled Donald in the past. Right from his desktop Donald can manage and oversee what is happening in respect to accounts. Generating financial reports for future forecast was never been this easy for him.
Do not waste your precious time experimenting with other CRM systems, incorporate VTiger 7 CRM in your business today and enjoy the endless opportunities of maximizing your profits.