Managed Accounting is an innovative practice in which a business hires an accounting firm to act as their accounting department, utilizing integrated cloud technology.
The accounting firm will assist businesses with financial insights, tax reporting and filings, financial planning and analysis, and other tasks in addition to accounting record keeping.
This mix of technology and human resource is easier and more reliable for business owners who wish to focus on their primary business while leaving accounting to the experts.
Businesses that don't have the time or resources to handle their own accounting, or who want someone else to do it for them, may benefit from managed accounting.
All you need to do is take pictures of your bills, invoices and documents on Tigg and your accountant will update them in the system. You can just approve and check the reports later.
