Why is Cloud Accounting Good For Business
Moving your accounting software to the cloud let’s you work faster, smarter and cheaper. Let’s look at the differences between cloud accounting and traditional accounting software:
Accounting data can be accessed anywhere on any device with an internet connection
Updates financial information automatically and provides financial reporting in real-time
Eliminates the need to make expensive capital expenditures of new hardware, such as servers
Backups & updates are handled by the cloud provider. Nothing to download or install on a company machine.
Leaves no trace of financial data on company computers. Access to data in the cloud is encrypted & password protected.
Traditional Accounting Software
Accounting data can only be accessed on a select few on-premise computers
Financial information must be updated manually each time. Real time reporting is not available.
Requires greater software license fees and maintenance costs every time the firm grows
Backups & updates must be done manually each time. Installations are required for each company machine.
Machines with critical financial information could be lost or stolen, which could lead to an information breach
What Does Cloud Accounting Look Like?
Do you see that funky diagram below? That’s what Cloud Accounting looks like. The grey items are company devices like computers, laptops and smart phones. They connect to our cloud servers (which we call vDesktop) which is represented in red. This is where your accounting software is hosted.
What Will Happen If I Don’t Transition To The Cloud?
You lose a competitive edge.
Even if your on-premise accounting solution seems “just fine” right now, the world of accounting is changing and it’s important for your business to keep up. Not adopting cloud based technologies today will only hurt your ability to grow your business tomorrow. The cloud is the future.
While the transition to the cloud may seem daunting at first, it’s a lot easier than you think. And we’re here to help! Our team will be happy to answer any questions to help make the transition as easy as possible.
Why Should I Choose vDesktop Cloud?
Good question. We’ve built our cloud infrastructure from the ground up and we focus on three primary things:
What Accounting Software Works With vDesktop Cloud?
vDesktop Cloud helps accounting firms enhance performance and extend core capabilities by managing audit and financial reporting processes more efficiently by supporting all major accounting software solutions such as: QuickBooks, Sage 50, Sage 300 and Caseware.