Cloud computing and the increasing mobility of the masses are transforming the business software landscape. The market has evolved at a rapid pace bringing new levels of efficiency to enterprises. Cloud financial software offers accessibility to accounting data and applications through a browser making businesses productive and efficient.
The reasons to consider financial management support through cloud accounting software is the prospect of a simplified IT environment, money savings, and flexibility to get more done faster. Cost savings are beneficial; however, cloud-based solutions offer more, including business agility from access to superior and affordable systems.
The truth is cloud-based accounting software delivers. Many companies have weighed in on the subject and their reasons to use a cloud computing systems are:
Better performance, fewer hassles. IT maintenance responsibilities shift to the service provider. Upgrades happen in real-time, and are worry free. Management can stay focused on their core business when using a reliable feature rich cloud financial system.
Cost flexibility. Pay as you go models seem heaven-sent for the budget-conscious small and medium business. Cloud systems offer the ability to increase or decrease features as needed.
Improvement in security. Established software providers invest heavily in securing their applications. They have security infrastructures that small to medium-sized businesses may not be able to invest in on their own. By leveraging the already existing systems, and security features put in place, there is less risk of losing data stored in the cloud compared to losing data stored on a PC or a USB device through theft or corruption.
Mobile collaboration and productivity. The ability to access your financial system from anywhere is the ultimate in work productivity. Instantaneous updates, viewed by colleagues, are then shared with clients immediately. Mobile apps for accounting solutions put customer information in hand anytime, anywhere, and provide best practices in customer service with the ability to quickly meet customer needs.
Ease of analysis: Business leaders want to know how their company is doing and how they can make improvements. Cloud financial solutions offer detailed functionality at an affordable price.
Keeping pace in an ever-changing environment puts business owners under enormous pressure. Taking advantage of the latest technology is a no-brainer. Technology revolutionized how business in done, and cloud services are changing it again. Cloud-based financial management accounting system achieves a 75% to 500% annual return on investment.
A bold statement, but true.
The reasons are simple:
- Reduced time for deployment – cloud financial solutions are relatively easier to implement
- Automated billing and revenue management reduce costly errors and require fewer employees
- Simplified compliance with regulations and laws can reduce audit costs.
- Automated processes streamline closing the books.
- Error elimination, error elimination, need we say more?
- Better decision-making with improved financial reporting.
- Increased customer retention through satisfaction.
Intacct Cloud Accounting
An AICPA approved cloud financial management software; Intacct cloud computing software is the preferred financial application for more than 6,000 organizations from startups to public enterprises. Intacct improves company performance with easy productivity features and visibility into all operational areas.