6 reasons to switch to cloud-based accounting software
October 13, 2015

Whether you handle basic bookkeeping and invoicing or something much more complex, a cloud accounting software solution can help you get what you need done easier and more efficiently than with a typical desktop system. Here are some of the positive aspects of cloud-based accounting software:

Improved security
Security was a major concern for all cloud computing when it first became popular. Now, according to ITPRO, many business leaders realize how safe cloud computing really is. While it was already relatively safe, recent upgrades to cloud-based computing security have made cloud computing more secure in many respects than standard computing applications.

Also, cloud accounting software solutions have the ability to automatically update, so you never need to deal with those pesky manual software updates. All you do is make a monthly payment and all the important data will stay secure. 

Accessible from anywhere
Ever wanted to let employees stay at home? Have you wanted to sit in your favorite coffee shop and sip a latte while you work? Well, with cloud accounting software, you can. If you make the switch to accounting software based in the cloud, you can go work anywhere you have access to the Internet. All you need to do is take your laptop or mobile device.

Utilize multiple devices
If you're like many people, you have a computer at the office and a computer at your house as well as a mobile device, such as a smart phone. If the accounting software you use stores everything in the cloud, you can access it from all of these devices. Without the cloud you'd have to install the software on all of your devices and make manual updates or send updated versions of records between terminals. Cloud computing allows you to do some work in one location and then pick up where you left off from a different device.

Cheaper
According to Entrepreneur, cloud computing can be a smart option for small businesses on a budget, so any young or small accounting firms should consider cloud accounting software. Cloud computing allows small businesses to get the most out of the hardware they have, making it possible for them to do more than is otherwise possible.

Nasdaq reported that the set up and implementation of cloud based programs are generally easier and cheaper than alternative, non-cloud-based systems. Also, because the system automatically updates, companies won't have to spend money on new versions of the system.

Easily integrates with other systems
Already using a program that you really like? That's okay. Cloud accounting software generally works well with other programs. However, you may find that an all-inclusive cloud based system is preferable to the applications you're currently using.

Akin to integration is collaboration. Just as a cloud-based software solution can work with other systems, the people using those systems can work together. When you use a cloud-based system, you can more easily collaborate with new leads, clients and other employees through the software to ensure everything is right.

Scalability
It can be tough to know how to choose technology that's going to grow as your organization grows and expands. A cloud accounting software solution makes finding software that scales with your business easy. While you will no doubt have to increase and update your hardware as your business expands, you won't need to worry about the software you use. Cloud software can even help with seasonal shifts in business, according to ITPRO. That way when you have large seasonal spikes, like around tax season, you can complete what needs to be done.

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