A lot of business owners still do their accounting the old way. They may neglect newer cloud accounting technology because they're comfortable with a system they know works. However, so many others switch, not because cloud accounting is the cool new thing to do, but because they know it makes accounting faster and easier. If you still haven’t adopted products like Quickbooks into your accounting, you might want to consider making the switch.
Accounting is no longer a “one person in a cubicle” arena. Accounting requires completely detailing the financial transactions happening across all facets of a business, so allowing multiple people to input invoices or receipts, even if they are in different offices or even different countries, makes accounting simpler for everyone involved. The power of the cloud lies in the ability to get things done anywhere and by any authorized person.
One of the nicest features of cloud accounting technology is that the products are tailored to your accounting needs. Don’t need the power of an accounting app for a multi-national corporation? That’s fine. There are smaller products available. Foresee you business growing in the new few years? Then you can get custom cloud accounting apps to fit that growth.
Your Data is Safe
Some accountants choose to shun cloud accounting technology because they don’t trust the cloud. They still believe anyone can get at that data, when the truth is that it has never been safer. Reputable and well-established companies provide the best in encryption methods for your cloud data for no extra charge. So not only is your data safe from others; it is safe from destruction. Even if the company’s servers go down, the software has your data backed up with back-ups to those back-ups.
If you want to take the first step into adopting cloud accounting technology to make your life a little easier, contact us today to learn more about all the products available to you.