When it comes to accounting services, you’ll find that very few companies these days are doing things the old-fashioned way and instead have moved to more efficient options, like cloud-accounting services. Such services can be a great way to cut costs, continue expanding without adding extra personnel, and much more.

That’s why the Quickbooks ProAdvisors from Accountants 2.0 has collected some insightful facts for you here!

What Exactly are Cloud-Based Accounting Services?

Before diving into the benefits, it’s important to understand precisely how cloud-based accounting services work. In the simplest of terms, it enables users to store all of their accounting information and important data online, rather than relying on computer services or paper-based accounting solutions.

What is the Difference Between Locally Installed & Cloud-Based Accounting?

The key difference between locally installed and cloud-based accounting is that for the former, all data is stored on a local server that can only be accessed internally. Cloud-based accounting solutions, however, can be accessed from anywhere at any time, as long as you have a reliable wireless connection.

What Are the Key Benefits of Cloud-Based Accounting?

  • Mobility & Usability:

    As mentioned, cloud-based accounting solutions enable easy access from anywhere, meaning your accounting team and staff can work remotely. There’s no need to rely on office servers to gather information.

  • Accessibility:

    Multiple users can access your accounting data and today’s leading cloud solutions enable various access levels and log-ins, meaning only those that are privy to such information are able to access it. They’re also user-friendly, meaning there’s minimal training involved to use such software.

  • Affordability:

    Today’s leading software-as-a-service (SaaS) providers like Accountants 2.0 offer flexible pricing structures that are detailed and upfront, meaning there is a regular payment for such services each month that doesn’t change.

  • Security & Backups:

    Some of your most important data and client information is contained in your cloud-based accounting systems, meaning security and backups are implemented to eliminate major issues such as data leaks and malware. Additionally, since all the info is stored on a cloud server, there’s no need to worry if your computers go down.

  • Regular Updates:

    Last, but certainly not least, cloud-based accounting services are regularly updated to introduce new solutions to streamline processes and enhance security. They can be easily updated without the need for any new installation or change in the pricing structure.

How can the QuickBooks ProAdvisors from Accountants 2.0 help?

Our team of knowledgeable professionals can make it easy to move all of your accounting and bookkeeping processes to the cloud, integrating everything from payroll to eCommerce, under one umbrella.

Contact us online today to learn more about what we do or call our Quickbooks ProAdvisors at (888) 857-5750.