Business owners know that bookkeeping can suck the fun out of running your company. It takes time, energy, and resources away from those whose time is better spent earning revenue. Frustrations with locally installed software can further exacerbate the headache that is business accounting. Implementing a cost efficient cloud accounting system can reduce and eliminate many of the pain points that business owners experience.
In cloud computing, users access software applications remotely through the Internet or other network via a cloud application service provider. Using cloud computing accounting software frees the business from having to install and maintain software on individual desktop computers. It also allows employees in remote or branch offices to access the same data and the same version of the software.
By hosting your software on a cloud solution, you are provided with instant access to your information, reliable and friendly support staff, a flat monthly rate and no hidden costs. Simply with your internet connection, your application and data are accessible anywhere, anytime, on any device.
Cloud computing accounting software may also be referred to as online accounting software or Web-based accounting software.
We had to share this great infographic from Sage UK!