Cloud accounting offers various advantages to CPAs and tax professionals which are not available while using the accounting software on the local system. Let's find out why CPAs should switch to the cloud:
2. INTRODUCTION
The growing demand for a robust accounting
process is essential for the success of accounting
firms. CPAs now rely on IT solutions that offer
businesses agility and accuracy.
Traditional accounting practices have now
become obsolete, and modern technologies like
cloud hosting automate most of the accounting
tasks and increase business efficiency.
3. Cloud technology delivers exceptional advantages to CPAs. By
hosting the accounting software on the cloud, the cloud service
provider offers a dedicated cloud workspace and manages the
entire IT workload.
Let us look at the reasons why the cloud is unavoidable for CPAs.
4. BENEFITS OF CPA HOSTING
DATA SECURITY
REMOTE WORK
IMPROVED
COLLABORATION
SCALABILITY AND
FLEXIBILITY
COST AND EFFICIENCY5
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3
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5. Since security threats evolve way too fast, keeping the
accounting data secure has always remained a priority.
An expert cloud service provider provides a secure cloud
environment for accounting and enforces high-level security
by restricting the unauthorized access of intruders,
protecting them from malicious attacks, and keeping the
data encrypted.
Moreover, with cloud hosting, data is backed up in multiple
cloud servers, making it available at the time of disasters.
1.CLOUD PROVIDES
COMPREHENSIVE DATA
SECURITY
6. When CPAs host their data on the cloud, they get access
to their accounting data and applications from anywhere
around the world at any time with an internet-enabled
connection through portable devices like tablets, mobile
phones, and tablets.
No matter the location, if you are on a trip or a holiday,
remote accessibility is the biggest advantage of CPA
hosting, which makes cloud unavoidable for CPAs.
2.CLOUD PROVIDES
FREEDOM TO WORK
REMOTELY
7. Cloud enhances collaboration on a unified cloud platform
between teams, clients, and CPAs with efficient file sharing
that allows for editing and sharing files virtually.
This eliminates the need to send the files back and forth via
emails as any number of users can work on the same file
simultaneously. CPAs can also control access to a limited
number of users for the safety of the data.
With this advanced collaboration feature, accounting
professionals can save time and make edits anytime.
3.CLOUD PROVIDES
IMPROVED
COLLABORATION
8. Cloud computing allows CPA firms to upgrade and
downgrade the server resources according to the
changing business needs. Cloud also allows the flexibility
to add/remove users and modify the resources with a
growing business.
Moreover, with the pay-as-you-use pricing model, the
users have to pay only for the resources they use.
4.CLOUD PROVIDES
SCALABILITY AND
FLEXIBILITY
9. Maintaining an onsite server can lead to additional costs
of purchasing and maintaining the server.
Cloud hosting reduces costs by eliminating the demands
of maintaining an on-premise IT infrastructure along with
the skilled professionals required. Hosting accounting
software and data is a cost-efficient solution as the
provider takes care of it.
5.CLOUD PROVIDES
COST AND EFFICIENCY
10. Ace Cloud Hosting is a managed cloud
hosting provider and specializes in the legal,
nonprofit, accounting, tax, retail, and
construction industries.
We offer on superfast SSD-
based servers with 99.999% uptime, 100
days data backup, and always-on support.
or call us at- 1-855-ACE-IT-UP
CPA Hosting
ABOUT US
To know more, visit us at:
www.acecloudhosting.com
12. REFERENCES
Top Benefits of Cloud Computing for CPAs And Accounting
Firms
-Ace Cloud Hosting
Why CPA Firms Should Outsource Cloud Accounting Hosting and
Services in 2020
-CPA Practice Advisor