The Coronavirus disease (COVID-19) has tested the resilience of businesses around the world, and Canadian businesses have not been spared from the devastating economic impact of the pandemic. 

One prevalent way to adapt to today’s technology is to use small business cloud accounting. Cloud-based programs are practical investments for your firm which prove to be indispensable in the long run.

Traditional accounting has been gradually replaced by online accounting services. Up to this writing, cloud technology continues to revolutionize the industry through the potentials it brings to the table.

Startups are maximizing cloud accounting software such as Xero, MYOB, and QuickBooks to increase business efficiency and minimize manual tasks brought by traditional accounting processes.

Cloud accounting software has sped up most of process that small business perform. These modern tools enable business owners and accounting professionals alike to perform necessary tasks in real-time using the internet. The real challenge that small business owners face is choosing the best software to address their needs.

The Coronavirus disease 2019 (COVID-19) has shifted most businesses to work from home or telecommuting. The pandemic has created an environment where businesses, regardless of size, rely greatly on the internet and other tools that will help them continue their processes. Here are the tools you can use to continue your business processes and communications: