For as long as there have been documents, business owners have endeavored to manage their storage and retrieval. Paperwork has always been the bane of the small business owner’s existence. Taking time to organize a good recordkeeping system is time consuming so most business owners just wing it from the start. This usually leads to regret when something like a tax audit or financial crisis rears its ugly head.
It’s a good idea to get organized early on. There is nothing like the peace of mind that comes when you know you have everything under control. Thanks to advances in technology, the filing cabinet can be buried alongside the cassette tape and record player.
Paperless offices are fast becoming the norm and there is a good reason for that. The benefits of having an electronic document management system are overshadowing. Going paperless can save money, boost productivity, save valuable office space and help the environment.
There are a number of cloud based document management systems available today. At BKSC, we make use Box.net and recommend it as part of our bookkeeping service.