Software as a Service Saas in the Tax and Accounting Profession

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Executive Summary

Software as a Service (SaaS), which is often referred to as "Cloud computing," is getting a lot of attention in the tax and accounting profession and in the accounting press for a number of reasons, including: attractive, cost-efficient pricing models that enable firms to grow with new technology and require limited up-front costs, the stability of web-hosted applications, the reliability of Internet access, the security of data, the web-hosted software environment, which enables staff to focus more time on providing services to customers and less time managing the firm's IT infrastructure.

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