Keep your business in the cloud: the benefits of having cloud accounting software

Cloud accounting is the new way of doing business, the concept is easy: simply putting your accounting system in the online space so that it is fully accessible to you over the internet without having to buy, install or manage your own servers. The cloud accounting lets you focus on your business rather than on your software by leaving your cloud accounting vendor to worry about scalability, security, uptime, application maintenance and system upgrades.

You will be able to overcome the issues with traditional accounting software package like your system is not up-to-date, number of users who can access the financial records and customer data; the cost and complications of keeping backups and the expenses of upgrading your software.

The cloud accounting is "always on”. You will have anytime, anywhere access to your data on any desktop or tablet device rather than being tied to one computer. This will give you a clear overview of your financial position. You will be able to follow your work progress and your team will have the flexibility to be more productive.

Everything is run online, nothing to install and everything is automatically backed up for you. You will always run the latest version of your accounting software without installing or reinstalling anything and all the updates and new releases of your accounting software will come to you with no extra fees.

It’s maintenance-free, all the upgrades, maintenance and system administration take place in the cloud, you won’t spend nights or weekends supervising a new version upgrade or failing of hardware or server.

The most exciting part about cloud accounting software is the subscription-based pricing that lets you pay as you go, unlike conventional systems where you have to make a major upfront investment in licenses, hardware and software.

And if you are energy saving guy you will eliminate the need for on-premise hardware, cloud computing reduces overall server room, electric consumption as well, which can save a midsize businesses more $10,000 or more per year, according to a recent sustainability impact study.

You can try it yourself by signing up for our cloud accounting software “acclux accounting” for free.  Sign up