The cloud is a platform that makes data and software accessible online. The cloud is effectively your online ‘C Drive’ – a place to store information.
Most businesses are already using the cloud on a daily basis – internet banking, web-based email such as Hotmail, services such as Dropbox and marketing via Facebook or Twitter are all examples of how the cloud is commonly used in business.
In simple terms, cloud accounting is managing your books via online software as opposed to the traditional means of using software installed on your personal computer. Your accounting system has its own private space in the online world and can be accessed from any device with an internet connection.
Cloud accounting is the best thing that has happened to SMEs to date, for both the business owner and their accountant. It is an exciting development with many benefits for the business owner.
If the cloud really is that great, then why haven’t all SMEs made the transition?! The answer is quite simple:
Many SMEs are not familiar with cloud accounting and therefore have not considered moving to cloud based accounting software. Too often we are comfortable with what we are used to.
We don’t want our clients to miss the great opportunities that cloud accounting provides, due to a lack of awareness and skills. We are here to provide you with the information you need, to help you embrace change and provide you with the necessary training to ensure a smooth transition. We are with you every step of the way.
Many SMEs don’t know where to start to ‘make it happen’ and are unsure of the costs involved in moving to the cloud.
We have the necessary expertise to assist with the transition from conventional accounting software to cloud accounting. You might be surprised how easy and cost effective it can be!
It is common for SMEs to worry about the security of their sensitive information – both their own financial information and the private details of their customer base.
Do you conduct internet banking online? Then why not conduct your accounting online, too! In fact the same security risks are present regardless of whether you run cloud based accounting software or traditional desktop software – unless your business does not have an internet connection, you are exposed to a degree of risk. Risks can be minimised through safe practices such as keeping your antivirus protection up to date.
Slow internet connections can negate the benefits of moving to the cloud.
With an increased awareness of cloud accounting and what it can do, you will feel more comfortable making the move to the cloud.
Cloud accounting is the way of the future and we want you to embrace it - not run from it! There is no doubt many of your successful competitors have already adopted cloud accounting.