One of the main decisions that businesses have to make during their initial stage is the selection of the right accounting solution.
This might seem like a very minor part of running a business but you just can’t ignore the importance of accounting in business and if you will be careless with it then you will never be able to get expected results from your efforts. You should know that all your efforts of keeping the business in shape will go astray if you will not be able to manage your accounting.
This is why most of the people don’t compromise with their accounting solution and they go for QuickBooks without any second thoughts. This popular and robust accounting software surely offers a wide array of benefits and it is also very easy to use but still, when you use it by installing on your desktop, you have to face many technical limitations. And that’s why from QuickBooks, people move to the cloud and host their favorite accounting software in the form of QB on the cloud. Businesses have witnessed significant growth after moving to the cloud platform with their favorite accounting software QuickBooks and this is why in this blog post, we are going to discuss the 10 benefits of hosting QuickBooks on the cloud.
1. Access from anywhere
One of the biggest advantages of using this popular accounting solution is you are able to access your books from anywhere and at anytime. You don’t need to be restricted to your office desktop for getting your hands on the books as the cloud makes your accounting software accessible from every corner of this world. The global accessibility is one of the most talked about advantages of cloud.
2. Better security
When you move to this ultimate cloud accounting solution then you are able to work on a platform that is 360 degrees secured. There are many hi-tech security layers deployed on the cloud platform in order to protect your data from each and every type of security threat. From encrypted data to data intrusion alter, you get all the things you need to keep your data 100% safe from every possible cyberattack and data theft.
3. High uptime
You will never have to face downtime as well. Most of the reputed and trusted cloud vendors that you will choose in the market will offer you a guaranteed high uptime of 99.99%. This means that in a complete year, you will have to face only a few minutes of downtime which becomes almost negligible considering the 365 days of a year.
With growth, your business needs may vary and if you are using cloud accounting solution then you will not have to worry about scaling up or scaling down your cloud needs. You should know that you can easily scale up or scale down your cloud accounting needs without any hassle. Just on a request, the cloud vendor will scale up or scale down your cloud package without any hassle.
One of the best things about using QuickBooks cloud hosting solution is that you don’t have to stick to cloud vendors if you are not satisfied with their service. There is no involvement of any type of contract when you move to cloud with a cloud vendor and that’s why you can easily switch to any other hosting provider without any second thoughts.
6. No device restriction
There is also no type of device restriction when you move the advantageous cloud accounting solution. Laptop or PC is not the only way of accessing your books on the cloud as you can easily use any device with internet access in order to access your books like smartphone and tablet. So, you don’t need to carry any type of laptop in order to access your books from anywhere as you can carry your books in your pocket in the form of mobile or tablet.
7. Same UI
Even after moving to the cloud hosting platform in the form of hosted QuickBooks, you will not have to learn a completely new UI. You should know that you will get the same UI as of your desktop installed QuickBooks and that’s what makes using the advantageous cloud accounting solution easier.
8. Easy add-on integration
The cloud platform is compatible with different types of add-ons and that’s why you don’t have to worry about adding any type of add-on on your QuickBooks even after shifting to the cloud platform. It doesn’t matter whether you are planning to add Tsheet or any other add-on, it can easily be done on the cloud platform without any hassle.
9. Multi-user collaboration
If you are working on the cloud accounting platform then you can easily add multiple people on the same platform and they can start working on the same file at the same time. The users working on the cloud accounting platform will get real-time updates on the changes made on the cloud platform and that’s’ what makes hosted QuickBooks a perfect solution.
10. Cost saving
You will also be able to save lots of money by hosting QB on the cloud platform. You will not have to install an IT infrastructure and you will not even have to hire, manage or train IT employees as you will get round the clock customer support.