Key takeaways

  • Bookkeeping is a critical function that helps businesses keep close, accurate tabs on their expenses, cashflow and income
  • Digital tools can help SMBs reduce inefficiencies, enable employees to store their expenses, and integrate with other business processes
  • Cybersecurity solutions can defend bookkeeping records against external threats while cloud-based backup tools can help retrieve this data in the event of accidents

What is bookkeeping and why is it important for SMBs?

How can SMBs simplify bookkeeping with digital solutions?

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