If you are running a business then it becomes very necessary to take care of everything. Even if you don’t pay attention to one of your business departments, you will fail miserably.
There are many businesses that have not been able get expected results from their efforts just because they were not able to focus on all their departments. Well, there is no denial in the fact that most of the businesses are able to focus on their sales and marketing but one of the most overlooked departments of any business is surely accounting.
Accounting is the soul of any business as it shows the current status of your businesses, based on which, you can make decisions that will go right. If you can’t make good decisions then there is a problem in your accounting and there is no doubt about it. Well, if you will hire good accountants in order to streamline your accounting and if you are still not getting expected results then there are maximum chances that there is a big problem in your accounting solution and if you are using desktop installed QuickBooks software then surely you need to make the big move and shift to the cloud platform without any hassle.
You should know that the cloud hosting has become a new normal for most of the businesses and the same goes for accounting as well. Instead of installing your software on the desktop, you need to start using the cloud hosted QuickBooks as it is more beneficial. In order to do so, you will have to choose a good QB hosting provider because without a good QB hosting provider, you will never get expected results even after shifting to the cloud platform. But before moving to the cloud platform, it is very necessary for you to know some of the most basic benefits of the amazing QuickBooks hosting solution and this is what we are going to address in this blog post.
Here are some of the most popular benefits of hosted QuickBooks.
Anywhere, anytime access
One of the biggest advantages of using the advance cloud accounting solution is you are able to access your accounting software from anywhere and at anytime. You should know that if you will use the desktop installed accounting software then you will be restricted to your office desktop only and even after making many efforts, you will never be able to increase the productivity in your organization. The office desktop installed accounting software is accessible from the desktop only and in order to access the books, you will have to keep coming back to the office.
But when you move to the cloud platform, you get the advantage of global accessibility. After choosing a cloud hosting provider, you will be shifted to the cloud platform and your accounting software along with the data will be shifted to the public server of the cloud provider. This is how your accounting software will become accessible for you from anywhere and that too at anytime. But this is not it as you can even use any device to access your books but that device needs to have an active internet connection.
It doesn’t matter which type of business you are running, which industry you are in and what is the size of your business, the business data is always going to be the most valuable asset you own and when it comes to financial data then you need to be extra careful. The financial data of any business contains every detail about the business and if that financial data will fall in the hands of anyone then it could result into a disaster for any business. You should know that the hard disk you use to store your financial data makes your data vulnerable and that’s why you should ditch the idea of keeping your financial data on the hard disk.
But when you will start using the cloud platform like hosted QuickBooks then you don’t need to worry about the safety and security of your data. You should know that the cloud is the safest place for storing data and millions of dollars is invested every year to make the cloud more secure. There are various security layers that come along with the cloud platform like double factor authentication, encrypted data, anti-virus system, and anti-malware protection. All these layers make the cloud platform ultra-secure and you can sleep with peace and without worrying about someone stealing your data.
If you want to be successful in any industry then you need to maintain business continuity. If you are not able to maintain business continuity then in addition to reduced productivity from the employees, you will also have to go through decreasing reputation and trust of your business. And this weakness of your business can be used as an advantage by other players in the industry. You should know that the competition has heightened a lot and in order to tackle this competition, you need to be always present and that is possible only if you are able to maintain your business solution like an accounting solution.
The QuickBooks hosting solution comes with the advantage of high uptime and the cloud vendor that you will choose will offer you guaranteed high uptime of 99.99%. But for that, you will have to choose a good cloud hosting provider. With this much of high uptime, you will have to face only a few minutes of downtime throughout the year.