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LedgerDocs vs. Dropbox for Your Financial Documents

LedgerDocs vs. Dropbox for Your Financial Documents

Online document storage or online document management? As a business owner, you have several great choices for online storage and access of your files and documents.

Four of the most popular online storage applications are Dropbox–originally developed by two students at MIT, SkyDrive by Microsoft, Google Drive by–you guessed it–Google, and iCloud–a replacement for iDisk by Apple. LedgerDocs is a another great choice for online document storage and access of your files and documents, but our application is specifically designed for the unique document management needs of bookkeepers, accountants, and businesses.

In the following series of four blog posts, we are going to compare and contrast the features and benefits of Dropbox, SkyDrive, Google Drive, and iCloud so that you will be able to see that LedgerDocs is your best choice for powerful online document management for your business and for bookkeepers and accountants.

Dropbox is an application that allows you to upload files, videos, and photos, save them to your private or shared Dropbox and access from your computers, smartphones, tablets, and the Dropbox web app. Dropbox works on all major browsers and has different pricing levels available depending on the amount of storage available: 2GB free, 50GB for US$9.99/month, and 100GB for US$19.99/month. There is also a new “Teams” level starting at 1TB that offers a shared storage quota and centralized administration. Dropbox also links to many popular applications and has dedicated apps for all mobile platforms.

With LedgerDocs it is designed to manage all of your financial documents in its secure online document storage system. All of your cheques, invoices, bank statements, project documents, and receipts can be stored by project, and securely shared with your team members, bookkeeper, and accountant depending on permissions you set. With LedgerDocs, you can:

  1. Setup customized project folders and subfolders to file and manage all of your financial records.
  2. Take pictures of your receipts and send them directly by email to LedgerDocs from your iPhone, Android phone, or Blackberry.
  3. Type notes to your bookkeeper or accountant.
  4. Search, browse, and annotate your documents right within your browser without having to open the actual documents in another application.
  5. Stay productive away from the office with the dedicated free and universal iPhone and iPad apps.

Dropbox is a great solution for your general online storage needs. But if you are a business owner, bookkeeper, or accountant, LedgerDocs offers you exceptional enhanced benefits that are based on your projects with the ability to set up your online files to suit your circumstances and have everything you need for your financial documents all in one place.

LedgerDocs has a 14-day free trial so that you can find out why it is the superior choice for your business document management and storage solutions. Pricing starts at only US$4/month for 1 project, 2 users, and 50 document uploads to just US$99/month for 10 projects, 10 users, and 10,000 uploaded documents per month.

About LedgerDocs

LedgerDocs uses technology to collaborate on accounting and bookkeeping by making the collection and management of financial documents a seamless process that saves our clients time and money. LedgerDocs is the document management division of LedgersOnline, which offers affordable and location-independent online bookkeeping, accounting, and application hosting services. Founded in 2002, LedgerDocs and LedgersOnline are headquartered in North Vancouver, Canada. For more information, and to sign up for a free trial of LedgerDocs, visit LedgerDocs or call toll-free 855.998.3041.

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