The Perks of Having QuickBooks Hosting For Your SMB

Businesses are not all about creating and selling. Instead, there are various other fields that you need to focus on to become unparalleled in competition. To stay ahead in the industry, you need to be up-to-date with the new and optimized ways of doing business. One of the latest ways to gear-up your business activities is to host your accounting software, such as QuickBooks, on the cloud. We all know that QuickBooks is one of the most preferred accounting software for small and medium-sized businesses, and when integrated with the cloud, it serves as the finest blend for its users. 

With QuickBooks hosting, you no longer have to travel long distances to be able to work collaboratively with your team. With the guaranteed uptime and updated security measures, you can rest assured that your data is in safe hands. Let’s understand how hosting can help your business to work more efficiently and effectively:

Reduced Costs

A small business usually functions on a limited budget and hence the requirements of cost-cutting technologies are high. Trimming costs wherever possible, without compromising the services, helps businesses positively.  With QuickBooks hosting, you will not need to install infrastructure in-house to store your data and/or hire a technical team to puff out the IT issues. Instead, you can save more to invest in other productive activities such as business expansion. 

Security 

Security is paramount and losing your data is nothing less than a disaster. In short, it can’t be compromised. Short and small businesses can’t afford to invest a huge amount on security. Hence, QuickBooks hosting emerges as the right solution for you. With the hosting, you get the foolproof safety to your data. Your data is kept in encrypted format in various secured stations. Therefore, all you have to do is to focus on other aspects of the business to enhance the overall performance. 

Disaster recovery

How often do you back-up your data? Probably weekly or maybe monthly. Backing up your data regularly can be a tedious task. When you take your business to the cloud, your cloud vendor will provide you the incessant data back-up facility and it is not limited to this. When you host, you also get disaster back-up. So, it is ideal to invest in recovery and data backup plans to keep the data safe. 

Increased Privacy 

When on the cloud, you get enhanced data security with more privacy. Owners of a particular set of data can grant access to their critical documents to their employees based on hierarchy, as per the authoritative level in your organization. You can simply deny permission to people you do not trust and share the access credentials with those who can be trusted with a critical piece of information. Hence, this system ultimately safeguards your firm by limiting access to the data, and therefore, helps to improve privacy. 

Real-time Accessibility 

When you switch to QuickBooks hosting, you get 24*7 accessibility to your data, from anywhere in the world and this helps to enhance the profitability of your business. You can work on the same project in real-time with multiple members simultaneously. This implies your entire business is just one click away. With the help of a working internet connection on your device, and valid id and password, you can work from wherever and whenever you want. 

Competitive Advantage

Competition has increased like never before, and in order to do better, companies are thriving to employ new techniques such as QuickBooks hosting. Hosting QuickBooks on the cloud helps to improve the speed of business processes and streamlines a number of tasks which were otherwise not possible with the traditional methods. Hence, hosting your favorite applications can help you to grow tall and excel in your particular industry.

Conclusion

With QuickBooks hosting, you can monitor your business from any place and at any time. Also, the cloud takes away the stress related to data security; it ensures that you are always in-touch with your team, helps you with better monitoring of your small business, and you can DIY your accounting without seeking professional help. In a nutshell, for SMBs who would love to save a few bucks every month, hosting your QuickBooks software can be just the solution.