Should you take bookkeeping in the cloud seriously? Yes, you should, many companies around the world are using the cloud to share data, grow their business and reduce the burden of daily tasks, such as bookkeeping and tax preparation. Here are 5 good reasons why you should consider bookkeeping in the cloud.
1: Greater Accessibility
Cloud-based accounting and bookkeeping solutions gives you anytime, anywhere access to all financial information, no matter where you are in the world. So, as a business owner with a busy travel schedule, you don’t have to worry about where you have saved an important file, whether it is in a certain hard drive or not. You only need to log into your account in order to get the essential information, on any device of your choice. You don’t have to download any of the information to it.
2: Protection against computer crashes.
One of the worst things that can happen to a business is to suffer a computer crash which eliminates 6 months worth of transactions in an instant. It is possible that you have clicked “Save” on the files, but somehow the data can get corrupted, which means you have to get started all over again.
This can really set you back by a bit. The best way to prevent this from happening is to sign up for any of our hosted tax or accounting services such as QuickBooks Hosting, Sage 50 Hosting, Tax Software Hosting. This way you can be sure that your data will always be saved on the cloud, and backed up daily. So there is no fear of data loss.
3: Get access to the latest software updates, no more downloading patches.
When you sign up for the latest cloud hosted software, this ensures that your information is updated and accurate. The software stays current always with automatic updates done by the cloud-hosting provider. So you don’t have to worry about installing patches correctly. Everything is done for you by the hosting service. This simplifies a number of things for you.
4: Access to add-ons.
As a business owner, you will want to integrate your accounting software with other applications to improve the functionality of the software. This is now made possible by cloud technology. You can now cut your bookkeeping time by 50 percent by integrating the software with useful add-ons. Do contact us to find out more about the add-ons that are available to you.
5: High level security.
You need more than just real-time support, fast reporting and first rate and responsive customer service. You need the highest level of data security. Security should be your #1 concern when picking the right hosting cloud service. Since your data is saved in the cloud and backed up daily, you don’t have to worry about any loss of information.
Do contact us to know more about the latest cloud-based accounting services that are available with us.