10 Reasons To Automate Accounting Processes On Salesforce

10 Reasons to Automate Accounting Processes on Salesforce

10 Reasons To Automate Accounting Processes On Salesforce

Why Integrate Accounting for Salesforce

Salesforce offers a comprehensive suite of customer relationship management (CRM) tools that empower businesses to build and nurture customer relationships, automate sales processes, and gain valuable insights. Its scalability, robust customisation options, and user-friendly interface make it the #1 CRM system for organisations of all sizes, ensuring that customer interactions are efficient and data-driven.

Integrating accounting with Salesforce furthers this power by bridging the gap between customer data and financial insights. Automating accounting processes on Salesforce is a strategic move for businesses aiming to elevate their financial management. Accounting on Salesforce offers many benefits, from increasing accuracy and cost savings to scalability and improved compliance. Businesses can streamline operations, reduce errors, and improve efficiency, enabling personalised customer experiences and seamless collaboration between sales and finance teams. By embracing automation, you not only streamline your financial processes but also empower your organisation with real-time financial insights. Here are the top 10 reasons to integrate accounting and finance with Salesforce;

10 Reasons To Automate Accounting Processes On Salesforce

1. Automated Processes: Automation eliminates manual data entry and reduces the chance of data duplication or errors. Automating finance processes on Salesforce is essential for financial efficiency and accuracy. Empower finance teams to focus on strategic planning and financial success. Eliminate manual data entry and automatically create transactions and related information with clicks-not-code within Salesforce.

2. Real-time Analytics: Real-time analytics on Salesforce is essential for better decision-making. Salesforce native accounting software like Zumzum Financials provides an up-to-date view of your financial health, including insights into revenue, expenses, and cash flow, allowing you to respond swiftly to any changes and opportunities. This can lead to more strategic financial decisions.

3. Increased Collaboration: Accounting for Salesforce fosters collaboration by providing a single platform where sales, finance, marketing, and all other teams can access the same data and insights. This ensures everyone works with the same up-to-date information, enhancing alignment and reducing miscommunication. You can gain a 360-degree view of your customer relationship and enable one customer record for sales, service, marketing, operations, and finance.

4. Save Time and Money:  Automating financial processes reduces the need for manual work and time-consuming tasks, saving your accounting team significant amounts of time. By automating repetitive tasks, reducing manual data entry, and improving efficiency, you can lower labour costs. You may also reduce the risk of errors that can be costly. Additionally, you can avoid the expenses associated with physical paperwork and storage.

5. Ease Compliance: Compliance with financial regulations is critical for any business. Automating accounting on Salesforce with comprehensive software ensures that your financial processes adhere to industry standards and regulations. You can set up automated audit trails, permissions, and data access controls to maintain security and compliance.

6. Efficiency and Scalability: Salesforce is known for its scalability, which extends to your accounting processes. As your business grows, the automation tools in Salesforce can easily adapt to handle increased data volumes and complexity. Scalable accounting software on Salesforce allows you to easily change module configurations to improve functionality, such as adding more users and functions. Cloud-based accounting systems can offer just that. Consider moving from an ineffective on-premises accounting process to a cloud system.

7. Ease of Implementation: When integrating CRM and accounting, implementation and transition from one system to another should be quick and smooth, avoiding unexpected costs and delays. To make the implementation process easy for you, Zumzum Financials offers consultation as part of the implementation. Zumzum Financials shares the same user interface as Salesforce and makes it relatively straightforward to adapt to specific accounting workflows and business requirements.

8. Flexibility: Flexible accounting software can easily adapt to user requirements and comes with extensive modules such as cash management, tax management, revenue management, invoice management, and many more features for accounting. Flexible accounting software on Salesforce allows you to streamline all your financial processes. 

9. Custom Reports and Dashboards: Comprehensive accounting software like Zumzum Financials provides robust, out-of-the-box dashboards that provide a real-time view of your business performance. Personalise dashboards so every user instantly sees the most important metrics. See the big picture in real time. Spot trends and drill down to source transactions instantly from dashboard components and reports.

10. Access Data Anytime, Anywhere: Accounting for Salesforce enables your team to access financial data and perform crucial tasks anytime and anywhere. This accessibility empowers teams and responds promptly to financial matters while on the go. Whether it’s approving invoices, reviewing expense reports or monitoring financial metrics, the ability to access Salesforce on mobile devices ensures that financial operations remain agile and responsive to the needs of a dynamic business environment.

Zumzum Financials is a comprehensive SMB Accounting software for Salesforce that helps you unify your Sales, Service, Marketing, Accounting, and Finance on the Salesforce App Cloud. Built 100% native on the Salesforce platform, Zumzum Financials delivers dramatic increases in productivity and collaboration by eliminating manual tasks, breaking down data silos, and automating processes. Install your free trial today and start your journey.