This content was created by Bob Gauvreau. This content was uploaded by Bob Gauvreau. This is a YouTube video titled "Why QuickBooks Online is the Best Choice for Your Bookkeeping Needs: Our Expert Recommendation" created on May 15, 2023. It features Bob Gauvreau discussing the benefits of using QuickBooks Online (QBO) for business bookkeeping, highlighting its cloud-based features, integration capabilities, and its popularity among accounting firms in North America.
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All right, let's talk about QuickBooks Online or QBO and why we prefer it so and maybe I'll even take a step back. What is qbo? QBO is one particular platform that is cloud based that allows for any business owner to keep up to date financial records so that they know what's going on in their business. It also helps support tax filings and financial planning and financial reporting in the future as well. What cloud based bookkeeping solutions provide us as business owners is access to a tool that will actually pull up to date information. It ties into your bank feed. It's real time valuable information that comes into a system and really, really important that we utilize a system like this. If it's not QuickBooks, it's maybe Sage, it's maybe FreshBooks. QBO is our preference. It's the largest platform in our market which when it's the largest, it has the most ability to reinvent itself, to reinvest in improving, I'll tell you the accessibility and the affordability of a QuickBooks Online to make sure that you have, you know, that framework to be able to update your financial documentation. It's so affordable like it's. You almost don't want to go through life doing things manually when you have access to this. It will save you time, will save you effort. Part of the other reason we like QBO is the interactions or the accessibility that it has with integrating with other softwares. So for example, we do a lot of work with salon owners and with contractors. Both of those industries have specific software that helps those business owners invoice, collect money and ultimately track and communicate with their customers really effectively. One of the cool things that both of those have is that they integrate with qbo. They integrate with other software solutions, but again all of those third party softwares, because QBO is so large, when they are looking for their first integration partner, they're going to go to qbo or to QuickBooks Online. So the fact that we have these integrations makes it really valuable for customers or for businesses where they can go out, they can do all their invoicing. Their CRM platform is all in one spot and all of the data, all the financial data from that and integrates with QuickBooks Online. So it creates great efficiencies for you as a business owner. It also then allows that platform to give you all of the financial data of how your business is actually performing, which is why we love it. And again, a cloud based solution that's live and up to date is super valuable for any business owner. Because if you don't know the score of the game, how do you know if you're winning or losing or what strategy you need to implement to make sure you do win the game? So you QBO is our favorite. In fact, we are one of the number one users of QBO in Canada and actually in North America from accounting firms. We have just over 1,000 users that use QBO. It's a super powerful tool, and if you're not using it, you probably should because it will save you time, it will save you effort, and it will give you a great idea of where you're at in your business.
