How Cloud Hosting Is More Tranquil and Secure For Your Business
The business landscape has become more dynamic and technologically advanced today compared to the scene a few years ago. Businesses these days are looking for more easier, economical, guarded, and hassle-free alternatives when it comes to performing the routine, time-consuming tasks. The cloud technology is one such example. The cloud promises to provide a secure environment, where firms can store even the most critical information that can be accessed by the owner as per will.
The Growing Importance of Data
We are generating data at a very astonishing rate. Reports claim that humans are creating somewhere around 2.9 quintillion bytes of data on a daily basis and this pace is increasing rapidly. According to a study, by 2020, we will be creating about 1.7 MB data every second. Now, more data means more security breaches. So, to cope up with the increasing number of security violations we need to adopt a robust system, such as the cloud.
When it comes to accounting, around 85% of the population in the USA is using QuickBooks for their accounting needs and when it is hosted on the cloud it becomes more useful, fast, and mobile. Here are some of the most important benefits of cloud hosting that you will get by hosting your accounting software to the cloud:
Enhanced safety of your data
Data stored on the cloud provides additional security to its users. The data on the cloud is stored in an encrypted form making it harder for hackers to comprehend. Data backed up on the cloud ensures that your critical business information is safe from external issues such as power-out, natural disasters, data breaches, etc. So, by migrating to the cloud you no longer have to worry about the security of your data.
Scalability and Flexibility
With the cloud, you get the flexibility to access your data at your own pace i.e. your employees can access the data wherever and whenever you want. Cloud-based accounting service will provide you the agility to scale-up according to your increasing needs and likewise, you can scale-down your business according to your dynamic needs. Therefore, you get the suitability to do your business at your own pace.
Collaboration efficiency
Unlike the traditional methods, the cloud will provide you with the agility to communicate and work collaboratively on a real-time basis. You will not have to travel long distances to work on a common project. Hence, you will be able to save your cost and time by accessing your project, at your convenience.
Reduced IT Costs
Contrary to the desktop system, in cloud hosting, you will not have to employ a desktop system to run your business. You can store your data on the cloud and hence you no longer need to invest in furniture and other infrastructure. Not only that, with the cloud, you get a dedicated team that is available 24*7 to resolve your technology-related issues. Therefore, you no longer need to hire an expert team for maintaining your in-house IT infrastructure.
Competitiveness
If you wish to become one of the most competitive organizations in your industry, by adopting the cloud you can become one. The cloud makes your business processes more agile and quick, thus making your small and medium-sized business more competitive in the market.
Access To Regular Updates And Add-Ons
With QuickBooks hosting, you get the benefit of automated backups and regular updates which are otherwise a time taking and strenuous task. Your cloud hosting provider will back up your data automatically on a regular basis and carry out background updates without affecting your routine tasks. Not only that, but you also get to host hundreds of add-ons to integrate with your cloud-hosted applications such as QuickBooks to fulfil the specialized needs of your business.
Still Rooted To Traditional Desktop Accounting?
Any combination of the above-mentioned benefits is enough to over-weigh the traditional system of accounting. By migrating your business to the cloud, you get instant connectivity from anywhere in the globe, multi-user access, high-speed online response, less capital investment and much more. Benefits of cloud hosting are not limited to the above list. It has more to offer you. But, before making a decision to move to the cloud, check whether they have the required compliance, have experience in hosting, and a certified technical team to guide you in no time.
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