Accounting software for consulting firms and businesses offers financial management tools. In most cases, part of the package is the ability to manage payables, receivables, assets, bank reconciliations, budget, and management reports. These tasks often require a great deal of time if done manually in a spreadsheet, and therefore more expensive labour cost. Accounting software, however, can significantly improve efficiency with its useful features.

Billing clients for your services is an essential task. In order to do this in the most accurate manner, using an accounting software that is readily accessible through the cloud is highly recommended. Ideally, such software should allow you to track onsite or offsite time spent with clients, the type of services you render, and other billable or non-billable project expenses.

With this software in place, you can easily assess your productivity in just a few commands. Summarized entries can help you analyze the projects you have worked on, classify your clients, come up with ways on how to reduce incidental costs, etc. Reports generated from the software will also tell how far your consulting business has financially accomplished.

In summary, consulting firms can benefit from an accounting software solution in numerous ways. It fosters not only productivity but also efficiency. It automates reports, making way for more time for performance analysis and business evaluation.
For more information on our Business and Accounting software, please visit

May Ideal Technologies
2nd floor, 8 Majekodunmi street,
Oshopey Plaza Junction,
Allen Avenue, Ikeja
Phone: 0818007286, 08060592826
Email: info@miterp.com
Website: www.miterp.com