As a freight forwarding specialist, the last thing you should be sweating over is the ins-and-outs of your business’ day-to-day finances, especially if the paperwork for those finances is shoved in a messy filing cabinet. We’re not talking about overarching financial decisions which of course you should always play a key role in, but if you find yourself stressing about whether a balance sheet is correct or creating daily invoices from scratch or worrying about the complex backend behind your pile of financial statements, it’s time to update your accounting software to the 21st century.
So what are the benefits of accounting software systems for freight forwarders?
We’re breaking down the basics of accounting software systems, the different ways they benefit freight professionals such as yourself, and why it’s time to invest in your finances once and for all. Hopefully you’re feeling fully charged.
The best accounting systems out there are cloud-based, integration transportation accounting systems that offer Accounts Receivable, Accounts Payable, and General Ledger.
Cloud-based software lets you run the numbers on-the-go and sleep peacefully at night knowing your business’ finances aren’t dependent on a years-old filing cabinet that hasn’t been properly organized since 2012. Keep everything in the cloud where it’s safe from shredders, trash cans, and coffee stains.
Throw away the notion that you’re trading in a system that you’ve only just mastered for the new shiny model. Your accounting software should serve to enhance your existing setup rather than completely replace it.
If you’ve already got freight management TMS software such as World-Trak, top-notch accounting systems will seamlessly integrate your existing tools. In fact, accounting software such as Account-Trak will integrate Quickbooks as well as other customized interfaces.
Freight forwarders have successfully integrated systems such as Great Plains, Business Works, JD Edwards, and Oracle Financials.
Take Away the Headache
The right software systems handle everything from customer invoicing, transportation cost approval, sales and agency commissions, and shipment and operational profitability analysis.
Systems such as Account-Track also automate email statements to customers so you’re not fretting over every email or worrying you’ve forgotten something in your daily financial check. Accounting software handles and automates every detail so you can focus on big-picture decisions and day-to-day management.
What if I’m on a budget?
Accounting software can quickly become your most valuable business investment. With smart technology handling the ugly number-crunching and administrative busywork, you can focus on growing your business, solving problems, and developing new systems. Not to mention, everyday financial mistakes caused by human error can quickly snowball into serious business-crippling issues. Think of accounting software as your built-in insurance preventing those detrimental money mistakes.
And remember, you didn’t enter this profession to fuss over financial statements. You entered it to develop cutting-edge, efficient systems that improve everyone’s lives and revolutionize your industry. Think of accounting software as one of those efficiencies.
If you’re ready to put down the calculator and pick up the power cord, take the next step for your business by investing in accounting software custom-designed for freight professionals such as yourself. Your valuable time should never be spent struggling to decipher old invoices.
CSA Software has been offering full-service software solutions for freight forwarders around the globe for over 35 years. Using the latest in Microsoft technologies our cloud-based software products help businesses manage accounting, transportation, air freight, ocean freight, warehousing, and more.
More questions on why accounting software might be right for your freight business? Contact CSA Software today and speak with a Specialist! Free Demo