Why high growth business choose cloud accounting software

Businesses that are on the fast track to growth routinely choose cloud accounting software to handle their financial management, as do business owners who are determined to make their new venture a success.
The rocketing popularity of cloud accounting software like FreeAgent and Xero is a trend that has disrupted the traditional accounting industry.
Now, start-ups and business targeting double and triple-figure growth are more likely to pursue a cloud-based solution, with support from a modern accountant like CloudAccountant.co.uk, rather than going down the traditional accountant route.
So why do so many businesses with steep growth trajectories choose cloud accounting software?

The Chief Executive of accounting software giant Sage has told the government that it needs to be doing more to support the smallest SME businesses. He also suggested that Bucharest in Romania could provide a model of success for UK start-ups.