Cloud Accounting Software
Everything you need to know
What is The Cloud?
The cloud is essentially a metaphor for the internet. The cloud is an area of the internet that you can use to back up, access data and programs and use instead of your computer hard drive. Using the cloud means that you can access your data from anywhere at anytime as long as you have an internet connection.
If you encounter hardware problems on your computer, you could lose all your data stored on your computers hard drive. This is not something you need to worry about with the cloud as everything is safe online.
How Secure is The Cloud?
Security is taken very seriously by the cloud services, and it is definitely something you should not be worried about. There are special security requirements you can make for any sensitive data to give you the reassurance that your data is safe.
Generally, the cloud is as safe as you allow it to be. Ensuring you have a strong password is the first step in securing your data. Also, making sure your username and password are completely different from any other profiles you may have on social media, emails etc is also a good step to take.
What are the benefits of having your accounting software on The Cloud?
Online accounting solutions are a great introduction to the market as they meet business needs without the compexity of a full blown package. They are cost effective with the reduced hardware requirements and are generally easy-to-use with built in help. Security is of the highest priority for all companies and Sage has ensure security is maintained through using the Microsoft Azure Platform which complies with key industry standards.
Using an online accounting solution over a local on-premise program allows you to access your data from anywhere with an internet connection. One of the most important aspects of accounts is invoicing, as this is what brings revenue to your company. With online accounting you can generate and send the invoices electronically to reduce the liklihood of it getting lost before it reaches the customer.