Focus on growing your core business and leave the accounting to us!

Welcome to Cloud Accounting

Cloud accounting software is similar to traditional, desktop based solutions, with the difference being that it is hosted on remote servers. Data is sent into the “cloud” where it is processed and stored. The benefits to the end user include access to real time data from anywhere with an Internet connection, and from any device–including laptops, smartphones, and tablets. Employees have greater visibility within an organization and can collaborate more effectively.

For new businesses, starting fresh with a cloud solution is easy as signing up. Established businesses however, will need to plan ahead for migration to ensure that critical data is kept intact and everything continues running smoothly. Fortunately, major cloud accounting providers such as QuickBooks Online allow seamless transition from older, traditional desktop based solutions

The benefits of cloud accounting

1. Safe storage of financial data

Cloud accounting technology can provide a more secure method of storing financial information than desktop based software. Data is routinely backed up to servers in multiple locations by the provider, and there are no physical hard drives or computers containing sensitive data that can be stolen. Since financial information isn’t kept on-premise, the risks of fires and natural disasters are also mitigated.

2. Sync data automatically

Cloud accounting software does the heavy lifting so you can spend your time on other important business tasks. Automatically sync your bank accounts so you don’t have to manually import transactions or verify expenses.

3. Pay as you grow & Multi user access

Cloud accounting software allows businesses to purchase what they need and increase their spend as they grow. This includes adding more storage space, users, and more advanced features.

The multiuser feature of cloud accounting means you can give different people access to your financial records and bookkeeping process, which they can access remotely.

4. Data accuracy

Cloud accounting programs promote accuracy by streamlining the data-importing process and eliminating double-entry mistakes or other human errors that might occur.

5. Prevent unauthorized access

Login credentials for your cloud accounting software enable only designated people to view and access your financial information. Data is completely private and protected

6. Minimal downtime

As with any online or desktop software, periodic security upgrades and software updates are essential to keep programs running smoothly. Cloud accounting software is no different. You will experience some — though minimal — downtime for such updates, but will be alerted ahead of time.