A great example is online banking, which uses the cloud for secure data storage.
You can access online banking from anywhere, at any time. You can do the same thing with cloud accounting software. No longer having to rely on a single hard drive for your financial data, you can access that data online from wherever you want, at any time. Your hard drive is no longer the central hub.
The cloud is fun – the desktop is not.
Traditional accounting software ties business owners to a single office or desk. It takes up resources and reduces the fun of actually being in business.
Cloud accounting software lets you work from anywhere, at any time. You can use a laptop, tablet or smartphone to access accounts data securely – and all the IT support is handled remotely. Cloud software can save your company time and money.
A natural concern is security. Cloud security is world class. The cloud is one of the most secure ways to store information, as no data exists locally – it’s all online, protected by powerful encryption.
Online accounting means small business owners stay connected to their data and their accountant. The software can integrate with a whole ecosystem of ‘add-ons’. It’s scalable, cost effective and easy to use.