Your Accounting Software Should Not Be A Chore To Use
Small business accounting software that’s not available via the cloud can be mind-numbing. Traditionally, it can gobble far too much of your company’ time and effort. This doesn’t add value and takes the fun out of being in business. Cloud software can save your company money and time.
So What Is This Thing Called The Cloud?
Contemplate when you use internet banking. Whenever you access this data, you’re using the cloud. The cloud is a platform to make data and software accessible online anytime, anyplace, from any device. Your hard drive is no longer the primary hub.
Problems With Traditional Accounting Software
The data in the device isn’t up to date, and neither is the software.
It only operates on one computer and data bounces from place to place. For example, on a USB drive. This is not secure or dependable.
Just one person has user access. Key people can’t access financial and client details.
It’s expensive and complicated to keep backups (if performed at all).
It’s costly, challenging and time-consuming to update the software.
Customer support is pricey and slow.
Why The Cloud And Accounting Software Are Actually The Perfect Matches
You can use cloud-based software from virtually any device with an internet connection. Online accounting means small companies can stay connected to their data as well as their accountants. The software can integrate with a virtual ecosystem of add-ons. It’s scalable, affordable and straightforward to use.
With accounting in the cloud, there’s no need to install and run applications on a desktop computer. Alternatively, you pay for the software by the monthly membership.
World Class Security In The Cloud
It’s logical as a small business owner; there would be concern about a cloud accounting service provider securing and storing your data. Cloud Bookkeeping is one of the most secure ways to store data. For instance, if you are using cloud software and your laptop is lost, your data can’t be accessed unless they have a login to your online account. With cloud software, your data exists in the cloud versus your hard drive.
And if there is a flood or fire, being in the cloud means productivity rocks on with virtually no downtime. Your data is safe and secure and stored off-site. As long as you can get to a computer or mobile device connected to the internet, you’re back in business.
Plus you invite users to view your data because you control the level of access. This beats the old-fashioned insecure way when you emailed files or sent out a USB stick.
Cloud-based bookkeeping companies make sure the security and privacy of information of you and your business are always airtight. If you now use online banking, then you’re a prime candidate to use cloud accounting.