Ecovis launches online accounting platform

Ecovis Malta has launched a cloudbased platform which integrates the use of applications according to the specific requirements of the client. Branded as ‘Ecovis Online’, the platform acts as a solution that consolidates and centralises all financial applications on one system, thus enabling its use for multiple functions such as invoicing, banking transactions, accounting, exchange rates, business intelligence, as well as operational and financial reporting.

Commenting on the online platform, Patrick Bezzina, Chief Technology Officer at Ecovis Malta, stated that Ecovis Online was developed “with the aim of offering the latest technology in financial software in one secure environment linked to existing systems, and for the purpose of automating bookkeeping and accounting processes. This approach results in an increase in operational flexibility as more applications are integrated on the platform. The fact that all applications are linked together guarantees minimal duplication of effort, resulting in more consistent financial reports”.

Ecovis Online is designed to be implemented in a modular fashion and to scale up as the business grows and requirements change. “Typically, one would start with the accounting and the paperless invoicing modules and gradually link up reporting and business analytics modules.” Bezzina explained, adding that “the modular design significantly lowers operational costs as one would only acquire the systems required, thus reducing the cost of owning off-the-shelf software packages and their ongoing maintenance. Ecovis Online is the ideal solution for businesses of any size looking for a robust, centralised and secure platform to support all their financial transactions”.

All applications on the Ecovis Online platform are cloud based, thus offering benefits such as 24/7 access from any location with internet connection, one single source of data, improved collaboration between teams, scaling with the business, centralised system upgrades, real-time support, access to certified and industry approved software, and secure access through single sign-on and dual-factor authentication. Information on Ecovis Malta’s range of services can be found at https://www.ecovis.com/mt/. For enquiries about Ecovis Online contact accounting@ecovis.com.mt.