You are moving your dairy farm business onto Xero cloud accounting software from 1 June 2018. Assume you are currently using one of the following accounting/cashbook software programs: 

• Shoe box of invoices and bank statements
• Manual journal book 
• Desktop accounting software 
• Spreadsheet 

Which one of the following is a strong supporting statement for the reason to move your business onto cloud accounting software? 

Automating some of the manual processes 

The possibility of getting more meaningful insight and analytics out of data 

Sharing of up to date knowledge between business owners and their advisers that allows better collaboration 

Efficiency, timeliness and cost effectiveness in getting good information for decision making

 All the other options