Data Security Plus the Convenience of Constant Access
If you’ve ever wished you could react more quickly to a client about invoice questions, needed to submit expenses while out of state, or wondered about the security of your bookkeeper’s reports, you understand the shortcomings of storing accounting information locally.
Cloud-based accounting makes the entire process smoother, faster, more secure and convenient by:
- Removing extra steps. Processes such as data entry can be automated with the cloud. This saves valuable time entering, organizing, sharing and finding data. When other business tools like your CRM are integrated with your cloud-based accounting tools, information can be easily shared among each, further automating tasks and processes.
- Reducing barriers to productivity. Having your data in the cloud eliminates challenges like location-dependent access to files or functions. You, your team and your bookkeeper can view accurate, up-to-date information in real-time, wherever and whenever you need it.
- Avoiding costs and stress. In addition to removing overhead related to having a full-time in-house bookkeeper, moving your accounting to the cloud can cut down on unknowns. You don’t have to worry if an in-house employee is out on vacation or decides to leave the company entirely, and operations don’t need to come to stand still while a new employee is trained.
- Keeping your data secure. Cloud-based accounting comes with several built-in security features designed to keep your information safe. Authorized users are the only people with access to information stored in the cloud, eliminating the risks associated with storing your accounting information locally (or in one physical location). We use data encryption to back up your accounts and financial data on secure cloud storage locations.
These are just some of the benefits associated with cloud-based accounting, and all of them add up to lower costs and fewer headaches. While making the switch to cloud-based accounting with a remote bookkeeping firm, like KYB, requires some minor adjustments, the end advantages are clear and well worth it.