7 Reasons to Choose Cloud-Based Accounting
“Cloud-based” is an term used in many businesses, but what exactly does it mean? Cloud-based computing is a phrase used to describe a variety of computing concepts that involve a large number of computers connected through a real-time communication network such as the Internet. More plainly, the “cloud” is the web, and therefore, cloud-based accounting refers to accounting services that are maintained entirely through the web.
Should your business switch to cloud-based accounting?
Cloud-based accounting offers many advantages when compared to traditional bookkeeping methods… reduced costs, increased convenience, improved accuracy, etc. Usually businesses that switch to the cloud will benefit in many ways. The following are the most common reasons companies move their accounting processes into the cloud:
7 Reasons to Switch to Cloud Accounting:
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Speedy execution process- Most application programs can be running within a couple of minutes, since there is no software package to set-up. The execution process is simplified for businesses with multiple locations as all accounting personnel can access the same version of the application at the same time.
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Anytime, anywhere access- Anytime, anywhere access enables users to access systems regardless of their location or device. As the infrastructure is off-site and accessed thru the web, users can get connected from anyplace via desktop, laptop, mobile devices or even an iPad.
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Lower direct costs- Rather than paying fees for multiple licenses and annual upgrades, some sites permit users to pay per-use and others offer a low monthly fee.
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Reliability- Cloud-based accounting experts, such as Aminian Business Services, have a proven record of providing valuable solutions and unrivaled end-user training and support.
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Performance- Not needing to upgrade outdated software/hardware is just one of the assurances of higher performance… When combined with reliable provider with a proven track record, performance is guaranteed.
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Security- Security is equally expert to, or better than other accounting systems. The level of security in NetSuite’s cloud-based accounting applications far exceeds that which most companies can provide for themselves.
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Upkeep- Upkeep of cloud-based computing coverings is simpler, as they don’t require software to be installed on the computer of each user.
For more info on how to implement cloud-based accounting, please contact us today.
