Today number of businesses have chosen to embrace cloud accounting in recent years. Business management software and services supplier Sage books at the reasons behind the adoption of this technology and why more businesses are looking to take on cloud accounting in the present time.

1. REASONS TO ADOPT CLOUD
ACCOUNTING IN THE PRESENT TIME
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2. Today number of businesses have
chosen to embrace cloud accounting
in recent years. Business
management software and services
supplier Sage books at the reasons
behind the adoption of this
technology and why more
businesses are looking to take on
cloud accounting in the present time.
CLOUD ACCOUNTING IN THE PRESENT TIME

3. Today’s work environment is highly competitive and businesses need an advantage in
order to stay ahead. With cloud collaboration solutions you can improve customer
satisfaction while also reducing overall costs relating to fuel consumption, jobs
completed per day, and much more.
92% of businesses are completely satisfied with their cloud based services.
Client Satisfaction

4. Cost reductions and financial savings
are seen as the main advantages of
cloud accounting. 33% of companies
see having to purchase fewer
infrastructures as the major benefit,
followed by initial cost savings, reduced
infrastructure configuration and lower
cost of ownership.
Cost Reductions and Financial Savings

5. 46% of SMEs feel that a lack of
knowledge has stopped them from
adopting cloud-based services,
followed by security and privacy
worries and issues with connectivity
and reliability.
Challenges of cloud accounting

6. Cloud Accounting in 2013
A number of businesses have chosen not to adopt cloud
accounting in 2013 for the following reasons
 Lack of knowledge
 Security & privacy concerns
 Connectivity or access
& reliability
76% of business who use cloud services plan to increase their usage in 2014

7. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Emergency Requests
 The service industry is filled with the need to respond to urgent
requests. Cloud collaboration will allow your dispatchers to
quickly communicate with field technicians, review location and
job status, and route to the customer as quickly as possible.

8. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Access anywhere at any time
 Everything from account balances to outstanding invoices can
be accessed securely 24 hours, 7days a week from any web
based device, with no need for a traditional accounting system
loaded on a single PC.

9. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Immediate Feedback
 You can receive almost instantaneous feedback through cloud
collaboration in your service scheduling software. This allows
you to respond promptly to issues and react quicker to market
changes. A faster response will improve customer perception
and prevent any growing issues from getting too big to handle.

10. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Reduction and spread in costs
 Cloud accounting software can be installed for free and paid for
monthly, with no extra costs for upgrades. You also only have to
pay for what you use, making it a popular choice for start-ups
and SMEs.

11. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Increased Security
 All data is stored on the cloud. This is continually backed up,
so you never have to worry about losing data or performing
regular backups.

12. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Improved Data Accuracy
 The software can pinpoint errors and download real-time data,
removing the need for data entry process which can be time-
consuming, prone to error and expensive.

13. TOP REASONS TO EMBRACE CLOUD ACCOUNTING
IN THE PRESENT TIME
 Easy and instant communication with your accountant
 Being able to share data and work on accounts at the same
time as your accountant can lead to better communication and
improved business decisions.

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