Like any business, accounting firms are going to consider all factors, pros and cons, before making a major decision like transitioning to a cloud-based accounting solution. Jumping into the cloud raises many questions, but the benefits are abundant and immediate. Here are just a few of the pros of switching to a cloud-based solution:
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Scalability: A cloud-based solution grows with you and your firm. You can add new users without extended down time or having to wait for that infamous, day-long IT visit and tutorial. The software itself is intuitive so new personnel adapt and pick up faster and easier.
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Accessibility: With a cloud-based solution, you’re no longer chained to your desk or overly reliant on that desktop. You can input new client data, make updates and changes, all while you’re out in the field. Instead of waiting until you return to the office, all of those actions can be performed on your laptop, tablet or mobile device. The end results: time and money saved, and more important, you’ve instantly enhanced the client service experience.
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Security: Say ‘so long’ to that cumbersome server. Take back all that space! You no longer have to invest so much in a server, and all those peripheral costs, like maintenance, are a thing of the past. Instead of scheduling that regular IT visit just to implement an upgrade, all of that is done automatically with a cloud application. Also, transitioning to the cloud protects client data by minimizing occurrences of data loss or security breach. Server failure? No problem. Natural disaster? We’ve got it covered. With a cloud-based application comes a back-up solution, which gets you back, up and running in the event of a major event like a server failure or natural disaster.
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Overall Increased Efficiency: So what happens with lower costs, scalability, improved accessibility and security? The end results: time and money saved, and more important, you’ve instantly enhance the client service experience. A win-win for everyone.
Cloud systems provide robustness and integrity that a normal company can’t afford. Redundant power sources, redundant internet connections, hot equipment failover and a 99.999% availability, all with no effort from us.
If your business is not in the cloud today, it should be. Gravity Software® (Gravity) is a robust cloud-based accounting application written on the Microsoft Power Platform (aka Dynamics 365). Gravity's goal is to fill the gap between entry level accounting applications like QuickBooks and expensive enterprise applications like Sage Intacct. Learn more and schedule your online demo today. My business is connected. Is yours?
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