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Cloud Accounting

Jul 26, 2016   //   by admin   //   Insight Blog  //  Comments Off on Cloud Accounting

Cloud Accounting – is it for your small to medium sized business?

Simply, cloud accounting software has many benefits for the small to medium sized business as per below:-

  • Saves time
  • Cost savings
  • Greater productivity
  • Availability – anywhere, anytime, any device
  • Mobility – access your data wherever an internet connection is available
  • Security – same encryption as leading financial institutions
  • Flexibility – allows many collaborators access to real time data – the business owner, employees, your accountant and financial advisers
  • Always up to date with the latest version
  • Always backed up – if your computer crashes you don’t lose your work

 

To move your accounting into the cloud you have to be fully committed. With many accounting software packages available – MYOB, Xero & Intuit QuickBooks to name a few, there will be a solution ideal for your small to medium sized business.  Cloud Accounting Software Packages save you time and money over a similar desktop solution on a local network or desktop computer.

Cloud Accounting Software benefits far outweigh any disadvantages.  Often the fear of a business owner is the security of the cloud.  Once they find that it is encrypted at the highest levels, it is time and cost efficient, excellent value for money, more areas of the business can be accessed in real time allowing the business owner to manage their business to suit their own needs rather than working in and around their business tied to the office.

At Insight Management Accountants we are passionate about the success of small businesses, therefore we can provide a cloud accounting solution to suit your small and medium sized business needs.  Contact us today to discuss your cloud accounting requirements.

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IMPORTANT DISCLAIMER:  This article does not constitute advice.  This article is to be used as a general guide for our clients for their own private information.  Clients should not act in isolation or solely on the basis of the material contained herein. We therefore recommend that formal advice for your situation be sought before taking action in any of these areas.

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