London Law Expo – cloud accounting solution
Ad Valorem took to London early last week to exhibit at the London Law Expo 2015. We were there displaying our cloud accounting solution to barristers and the legal sector.
Ad Valorem’s cloud accounting solution
Our solution uses the latest cloud accounting technology and is designed to help save both individuals and companies time, allowing more time to be spent running the business.
One of the main benefits of our solution is that book-keeping and expense reports become a simple, easy and quick task. With Receipt Bank, all you have to do is take a photo of a bill, invoice or receipt and let technology do the rest. The software recognises the supplier of the receipt, the amount, the VAT and many more useful pieces of information. It is also possible to mark the expense against a particular client or person. This makes it easy for you or your accounts department to see which expenses need to be charged to your account, to the businesses account or to a client’s account. Therefore, when billing a client it is easy to see exactly what should be charged to them.
As Receipt Bank links to cloud accounting software, such as Xero, your invoices and receipts are automatically uploaded to your accounts. Reconciliation can be done in seconds, as Xero links to your online bank accounts and automatically imports your statements. The software recognises when invoices and bank transactions have the same value, so all you have to do to reconcile is click OK when the data matches.
There are many more benefit to cloud accounting, so if you were unable to attend the London Law Expo and are interested in learning more about our cloud accounting solution, then please contact us using the details below for a free demonstration.
Ad Valorem Accountancy Services