Cloud Computing and Accounting: A Match Made In Heaven

Technology has always been an integral part of businesses. When the computers first came into limelight, they brought with themselves, facilities that all of us craved for. And now, with all the advancements taking place, it would not be wrong to say that we have become a tech addict. And at the forefront of this technological wave has been cloud computing. The way cloud has transformed the business scenario is simply tremendous and by the look of it, this is just the beginning.

The emergence of cloud has been felt by most industries. IT sector has been, no doubt, majorly influenced but sectors ranging from entertainment to retail all have seen the ripples of the cloud technology.

The type of business you are running renders no importance to whether you would need accounting paperwork or not. If you have a business it is imperative that books would be maintained. And this is where technology enters the frame. With the digitization taking over, it is out rightly foolish to manage taxes without accounting software. If something reduces your effort as well as time, it is logical that you make full use of that something. QuickBooks is one such accounting software, and is a preferred choice of businessmen round the globe. Its functionality, ease of use and customer support makes it an irresistible option.

cloud computing

Now you must be wondering how is cloud computing and accounting related. Any accounting software in existence can be easily hosted on the cloud servers. Meaning you can use your software from anywhere in the world or on any device; given you have a stable internet connection. Now that’s convenience for you. Hold On! Anytime, anywhere access is not the only benefit of Cloud accounting. Here are the myriad of benefits you can avail if you have the facility of cloud accounting.

Stay on Top

With your software hosted on cloud, you always stay on top of the things. None of your work gets pending as you can work while on the move. Any difficulties faced while working are easily sorted out by the customer support of the host allowing you to glide your way through accounting tasks. Ergo, you’re potential for success become limitless.

Saves Money

There is no denying the fact that we all are running businesses in order to earn cash. If that purpose is not being aided by our practices, then it is better to shut down the project. And one practice that can save your capital expenditure is to go on the cloud. Cloud hosting of the software is much cheaper than standalone software. The servers made available costs nothing in comparison to what an in house server might. So give yourself a much need respite and virtualize your operations ASAP.

Multi-User Access

The software that is installed on a computer can be used by only one person. If there is another user, an extra computer as well as license is required. But in the cloud accounting such is not the case. All you have to do is tell the host about the number of users and you get multiple accesses to your software. In this way you save a lot of cash as well as resources.

Customer Service

Imagine you are working on an account and you face some problem. What is the first thing you do? Like most of us you try to Google the solution and if you are unlucky in the search results there is nothing much that can help you. With cloud accounting, this drill changes dramatically. Whenever facing an issue give a call to the customer support and they will guide you through each and every intricate details of the software and will ensure that your accounting experience is a splendid one.

Conclusion

It is hard to believe that cloud is the same concept which when first suggested was frowned upon. Nowadays it is seen as the basis of every new technical innovation. According to a study by Gartner, Cloud will have revenue of $250 billion by the time 2020 comes to a close. Whoa! That is some figure, isn’t it? So don’t listen to the critics who keep on going about the pitfalls of cloud accounting. Believe me there are more goods to it than bad. So leave all your worries behind and merge your accounting with cloud.

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  • Totally agree, with the emergence of cloud technology accounting tasks has became much easier and reliable.

  • Apps4rent Vikram

    Roger that…. The Cloud computing and Accounting applications do compliment each other. I does provide an edge to conventional use of accounting software’s.

    1. Cloud hosting increases the accessibility of software. If your software is on the cloud, you can work on it from anywhere. All you need is internet connection.
    2. Cloud hosting of software helps in streamlining your work. It helps you in completing the tasks in lesser time.
    3. You save money as you do not require to maintain the hardware and infrastructure. Also you save on the licensing as you do not have to purchase the server and devices.
    4. This technology allows you to work from anywhere and any point of time. This ultimately increases your productivity.
    5. Cloud hosting helps in maintaining a backup of everything you do.
    6. Your operating as well as capital expenses are significantly reduced.