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Home Posts tagged "cloud accounting"

Tag: Cloud Accounting

Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, only the accounting software is hosted on remote servers, similar to the SaaS (Software as a Service) business model. Data is sent into “the cloud,” where it is processed and returned to the user. All application functions are performed off-site, not on the user’s desktop. In cloud computing, users access software applications remotely through the Internet or other network via a cloud application service provider. Using it frees the business from having to install and maintain software on individual desktop computers. It also allows employees in other departments, remote or branch offices to access the same data and the same version of the software.

With cloud accounting, it’s also easier to get real-time reporting and visibility throughout your organization, with greater mobile capabilities and collaboration. Subscription-based models are popular among cloud accounting providers, and in most cases these subscriptions are usage-based. Companies that pay a cloud accounting subscription receive updates to the software as soon as they arrive, with no additional software purchases required.

Articles about "Cloud Accounting"

bookkeeping

The Danger of Designating Bookkeeping Tasks to Non-Accountants

By agodin@bureauserv.com | Accounting, Business advice, Outsource accounting, Outsource bookkeeping, Outsourcing | 11 January, 2017 |

Based on a survey conducted by “Accountants World” in 2016, only 15 percent of small businesses hire accountants to perform their accounting and bookkeeping works.   There are different reasons why this practice keeps happening, but the most common are lack of resources to employ accountants and the belief of the business owners that they canExplore Now

Cloud

The Cloud

By Pau Llames | Accounting, Digital marketing, Outsourcing | 6 September, 2016 |

One of the biggest buzzwords for maximising business efficiency today is cloud computing. The term is often referred to as simply “the cloud”. Cloud-based software. Migrating to the cloud. Stored in the cloud. Accessed from the cloud. Everything seems to be happening “in the cloud”. But what is it, and how important it is to yourExplore Now

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