Online platforms support so many of our daily activities that we have become
dependent on them in our personal and professional lives. We use them for
entertainment, news, transportation, accommodation, finding jobs and
employees, finding apps and for many other purposes. But the question is,
what is the importance of this to our choosen strand as a student?
If we talk about just a normal student, online platform is used mostly in their
research but as a student of the strand Accounting, Business and
Management (ABM), online platform help us to make our work easier mostly
during online presentation. With this, we will have mobile access any time.
When you use an old-fashioned, desktop-based system, you are effectively
tied to the office. Your software, your data and your accounts are all sat on a
local drive and that limits the access you can have to your financial
information. But with online platform, it frees you up from this restriction. Your
data and records are all safely encrypted and stored on a cloud server, and
there is no software application for you to download โ you log in and work
from your web browser, wherever you have Wi-Fi and an Internet connection.
Another is it reduces paperwork and is more sustainable. With traditional
accounting, dealing with paperwork, data-entry and financial admin can start
to eat into your business time. Everything must be printed out and dealt with
in hard copy, and this is slow, ineffective and bad for the environment. With
an online accounting system, you can significantly reduce your reliance on
paperwork. Invoices can be emailed out directly to clients, removing the costs
of printing and postage โ and speeding up the payment process. Incoming
bills and receipts can be scanned and saved directly with the associated
transactions in your accounting software. Because your documents are all
digitised and stored in the cloud, there is no need to keep the paper originals
โ saving on filing space and storage costs.
Being a student that deals with many paperwork, online platform is a best
way to make our works easier and less hassle. With this, we can finish our
work faster unlike the old way of dealing with paperwork for it takes a lot of
time to be finished and to be submitted.
