Cloud accounting has gained significance due to the rapidly increasing digitalisation of our society. Reed & Co. will provide you with practical reasons to opt for our cloud accounting software — giving you real-time visibility of your finances, from any device, anywhere.
Cloud accounting refers to the use of accounting software on the Internet. It adopts a server system called the Cloud, which provides remote access to accounting data.
The software is accessible by any device connected to the Internet, including laptops, tablets, and smartphones.
Our preferred partners are Xero and QuickBooks, but we can work with any bookkeeping software and adapt to your requirements.
Talk to us about cloud accounting →Unlike traditional desktop software, cloud accounting gives you and your accountant an up-to-date view of your finances at all times — no more waiting for year-end reports.
Our preferred software partners
Cloud accounting offers significant advantages over traditional desktop software — from cost savings to real-time access and bank-level data security.
Financially, accounting in the cloud will be more cost-effective. Most cloud accounting programs do not require purchasing software or new hardware. Instead, it can be utilised through a subscription model with monthly payments. Some clouds also have a pay-per-user model, but the total expenses will still be reduced, as cloud accounting does not require expenses on printing and storage.
The Cloud is flexible and easy to scale. It is simple to add or remove features and users as your business grows. Upgrades are executed in seconds, which is a significant advantage over the traditional method of installing new software manually.
Cloud accounting simplifies record access as it can be accessed from anywhere. Data is only accessible from within the local network while it is stored, but it is also accessible to everyone with in-network access — whether you're at home, in the office or on the go.
You can work from anywhere, not just from your workplace, which is not an option for a local accounting record. It simplifies working in a team as you can share the record and employ your accountant or colleagues to provide access.
Your financial data is stored with bank-level reliability, ensuring that local hardware failures or disasters never interrupt your business. By moving away from restricted local network storage, we provide a secure environment accessible by any device — giving you 24/7 peace of mind and total data protection.
Share access with your accountant, bookkeeper or business partners in real time. Everyone works from the same live data — no more emailing spreadsheets or waiting for files to be sent over.
Apart from the services offered, Reed & Co can offer a comprehensive accounting service for several accounts of businesses in Bristol and the surrounding areas. Outsource your accounting services to us and we will make sure you save a lot of unnecessary costs and time.
With almost a decade of experience working with businesses across Bristol and the South West, we know what it takes to keep your finances in order — so you can focus on running your business.
Trusted by sole traders, limited companies and landlords across Bristol and beyond.
We offer a full range of accountancy services to businesses and individuals across Bristol.
Self-assessment returns and year-end accounts for sole traders.
Statutory accounts, corporation tax and Companies House filing.
Monthly bookkeeping, VAT returns and bank reconciliation.
Get ready for the April 2026 Making Tax Digital deadline.
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