10 Hard facts about cloud accounting

When it comes to running your business, the question is not why move to the cloud, but when? More and more businesses are moving to cloud based accounting systems and the reason is simple. In fact, there are ten of them:

1. Security

All your data is backed up in the cloud regularly so you can rest assured your sensitive data is accessible should the worst happen.

2. Flexibility

As long as you have an internet connection you can work anywhere, anytime. On the train, in the hotel, on the beach and yes, even in the bar!

3. Accuracy

Paper systems are time consuming and are notorious for errors. By moving online you can quickly and easily correct mistakes, and stop them occurring in the first place.

4. Up-to-date software

Cloud based software is updated by the server provider so no more “upgrade software” pop ups and lengthy downtime needed. You’ll always be working on the newest, most efficient release.

5. Ditch the paper

Paper takes up a lot of room! Moving to cloud based software means you can ditch the paper once and for all and clear your desk at the same time. Plus it’s better for the environment.

6. Scalable

Cloud based accounting software is scalable so you can add applications and users easily and quickly as your business grows.

7. Share information easily

With cloud based accounting software you can share information and reports with key employees across your business easily to improve visibility and speed up decision making.

8. Virus protection

You don’t need to worry about a thing when it comes to anti-virus protection as it’s all covered by the cloud server provider. Plus, they are so hot on security that you can rest assured you’ll be covered by the best protection out there.

9. Reduce total cost of ownership

No local servers are needed and there is no need to invest in hardware.

10. Flexible payment

No large upfront costs are needed; you can pay monthly with manageable monthly repayments.

When you look at the benefits of moving to cloud based accounting software it seems a no brainer. So, the question is when are you making the move? Contact us  for more information about Pegasus Business Cloud and Opera 3.