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  • #2143750

    Cloud Accounting

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    by roncloudgeek ·

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    I was suggested by one of my employees to move our company’s accounting function to the cloud. I am not sure why this is a good idea, but I would like to learn more. Could someone please elaborate on why cloud accounting could be beneficial for my company?

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    • #2422682

      Good choice

      by smith_j100 ·

      In reply to Cloud Accounting

      Yes, You have received a good piece of advice. Moving your accounting to the cloud is a great idea. I mean, you get 24/7 access to your accounting data and files, have your data backed up automatically, always get the latest edition of the software, and are just a call away from prompt customer service. Personally, I would say go for it. It will save you time and money.link removed by moderator

    • #2422589

      Cloud Accounting

      by abram1 ·

      In reply to Cloud Accounting

      Great advice. There are many benefits of Cloud Accounting:
      Reduce Infrastructure and IT person cost
      Bank level security
      Anywhere, anytime accessibility from any device.
      24/7 free technical support
      Regular Data Back
      99.95% uptime
      cost effective solution.
      There are many hosting provider available in the market. You can take a free test drive to see the all function of cloud accounting.

    • #2422544

      It significantly helps CPA`s and Bookkeepers

      by dianadickson001 ·

      In reply to Cloud Accounting

      Cloud accounting serves quick and easily manageable accounting methods to your table.

      Time saving, Flexibility to work, Reduce decision making time and affordable pricing are some of the benefits that most of the accountants get through cloud accounting.

      Regards,
      Diana

    • #2413861

      Work on the Go

      by biplobdev ·

      In reply to Cloud Accounting

      Work on Any Device, Any Time, Any Place
      Open Multiple company and branches
      Document Management System
      Third Party Apps Integration
      SMS & Email Notification
      E-Invoicing
      Auto Filing of Tax Returns

    • #2413854

      cloud accounting

      by deborasumopayroll ·

      In reply to Cloud Accounting

      Cloud accounting (or online accounting) has all the same functionality as desktop accounting, but moves the whole process to the cloud and expands upon it. There’s no desktop application – you log in to an always-up-to-date online solution and all data is safely stored on a cloud server.

      The cloud solution has reduced or eliminated redundant, time-consuming work that — let’s face it — is the bane of most businesses. Mostly, cloud accounting allows greater access to real-time data, which increases engagement with businesses’ financials and assists in making decisions.

    • #2414712

      Benefits of Cloud Accounting

      by bhavleenkr16 ·

      In reply to Cloud Accounting

      Hi,

      To answer your doubts, I, personally find cloud accounting one of the best solutions to work with.

      Cloud accounting offers you the required flexibility and mobility to accomplish any task, which traditional methods can not provide.

      You get following benefits with it:
      – Remote access to the business data
      – Multi-user collaboration on same projects/ files
      – Scalable resources as per the demand
      – Enhanced Security measures to protect information
      – Flexible pricing plans

      Hope my answer offers you some clarity on the topic.

      Thank you.

      [i]Promotional link removed by moderator.[/i]

      • #2414706
        Avatar photo

        Re: cloud

        by kees_b ·

        In reply to Benefits of Cloud Accounting

        – Remote access to the business data is only an advantage if you don’t work at the office, but at home without a VPN connection to the business network.
        – Multi-user collaboration on same projects/files doesn’t seem very relevant for accounting, and it might very well be possible that it’s also possible on the company network.
        – The resources needed for accounting tend to be rather stable, so the scalability of resources isn’t relevant.
        – For the security: are you implying that the OP’s company has bad security?
        – Flexibility of pricing is hardly relevant for a continuous process like accounting.

        Finally, what typical accounting tasks aren’t possible with traditional methods, like running the financial system in your own data center?

    • #2414521

      cloud accounting

      by deborasumopayroll ·

      In reply to Cloud Accounting

      Cloud accounting (or online accounting) has all the same functionality as desktop accounting, but moves the whole process to the cloud and expands upon it. There’s no desktop application – you log in to an always-up-to-date online solution and all data is safely stored on a cloud server.
      The Benefits of Cloud Accounting
      Mobile access at any time.
      A cost and time-effective solution.
      Watertight security and no time-consuming back-ups.
      Share and collaborate with ease.
      Reduces paperwork and is more sustainable.
      Better control of your financial processes.

    • #2414218

      Cloud accounting software

      by jaceytome ·

      In reply to Cloud Accounting

      Cloud accounting software. Cloud accounting (or online accounting) has all the same functionality as desktop accounting, but moves the whole process to the cloud and expands upon it. There’s no desktop application – you log in to an always-up-to-date online solution and all data is safely stored on a cloud server.

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