Using Wave Accounting for Small Businesses (Webinar)
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Presentation by Scott Zandbergen
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Using Wave Accounting for Small Businesses (Webinar)
- 1. Intro to Wave Accounting Scott Zandbergen VP, New Products & Pro Network
- 2. Are you taking advantage of “the cloud”?
- 3. Small businesses are embracing cloud- based tools… Calendar management E-Marketing tools Email CRM Accounting/Billing/Invoicing Document Management Human Resource Management Online Payment apps Data storage/Backup
- 4. What’s driving this demand? • Small biz people want to be mobile • Using multiple devices – strong desire for everything to be “in sync” • Ability to choose platform / OS • Quick implementation and low upfront costs – low risk • No more upgrade headaches • Disaster recovery/backups – done! Business people are realizing that the cloud removes much of the pain associated with traditional on-premise software tools.
- 5. What about Security? • We use 256-bit data encryption. • Data is stored in secure data centers with physical and electronic protection, 24/7 monitoring, security guards, etc. • Certified by 3rd parties and annual security audits conducted. • Bank feeds are optional and READ-ONLY. Wave can never move or transfer your money.
- 6. A real data centre looks like this…
- 8. A little bit about Wave… • Headquartered in Toronto • Nothing outsourced! • $19 million in funding • Named to Deloitte’s prestigious ‘Companies to Watch’ list • 350,000 customers in 200+ countries • Adding 30,000 per month • 5M page views per month • Over 70 employees
- 9. A “True Cloud” experience….
- 10. • Sign-up online – up & running in seconds • We are also the host provider (one throat to choke) • Applications are designed & optimized for the web o Any operating system o Any browser o Any device • Updates delivered every 2 – 3 weeks o No disruptive “upgrades”
- 11. Wave Accounting • Wave Accounting launched November 2010 • FREE & robust online accounting app for small business (GL, AR, AP) • Your data stored in CANADA
- 12. Wave Payroll • Wave Payroll launched February 2012 • $3/employee/pay – THAT’S IT • Direct Deposit • T4s • ROEs • Monthly CRA remittances • Employee portal Example: 5 employee company, paid bi-weekly = $390/year
- 13. Our Customers… • Most are very small businesses, that understand that accounting is important and necessary, but still have a difficult time making it a priority • Solopreneurs • Work-at-home moms • Contractors • Photographers • Realtors • Freelancers
- 14. Demo…