The Lighter Side Of The Cloud – Progress
The Lighter Side Of The Cloud – Cloud Training
The Lighter Side Of The Cloud – Expendable
The Lighter Side Of The Cloud – CIO
Differences Between On-Site And Cloud Computing Accounting Software

Differences Between On-Site And Cloud Computing Accounting Software

Differences Between On-Site And Cloud Computing Accounting Software

Software-as-a-service, with regards to accounting applications, simply means that accounting software is not installed in the business premises. It is run through an internet connection but still makes used of desktops, laptops, or any device which can access the internet. There are, however, basic differences between an accounting application installed on-site and accounting software installed in the clouds. If you’re a business owner, you have to take time to differentiate between the two before choosing one over the other.

Cloud computing accounting software is highly accessible anywhere, anytime as long as there is strong internet connection. You and your staff can access your business’s data at home, at the office, or even when on a holiday. Your bookkeeper and your accountant can also access the data as long as they are authorized. This means that time spent on travel to your office is cut thereby reducing delays, and offering optimum flexibility. In terms of security issues, it is understandable why a lot of business owners like you are having apprehensions about moving your financial data in the clouds. However, most providers today give an assurance that your data is safe and secure because they have invested a lot of time and money with data security. In fact, data security, being offered by cloud computing vendors, is far better than the security you may have in place on-site.

Price is also something to consider. In general, cloud computing is more expensive than on-site accounting software. This is primarily because cloud computing is offering a service and not a product. You have to pay hosting fees, which can be annually, quarterly, or monthly. Non-payment of subscription fees mean you won’t have access to your financial data anymore. The cost of the use of cloud computing accounting application can vary depending on the functionality, the amount of transactions processed, or the number of authorized users. For on-site accounting application, a small business owner can just purchase an off-the-shelf accounting application and use it for at most 10 years. This can be a less expensive investment as compared to the amount of money you’ll have to pay the cloud computing vendor for 10 years.

Compared to on-site backup, data backup (Zoom Infographic) of software-as-a-service is religiously done, and are more efficient and reliable than your own. You also don’t have to worry about service packs and updates because your cloud computing vendor will take care of them automatically. Your IT staff won’t need to install upgrades on each computer. Cloud computing software also provides an assurance that you’ll have the most up-to-date software.

Response times can vary. An on-site accounting software has to deal with the data file’s organization, size of file, and network speed which can have a great impact on response times. For cloud computing accounting systems, you can find a supplier who has its servers in different parts of the world so that your business won’t be greatly affected by maintenance schedules. Also, you have to find an internet provider which can provide robust connection. In terms of customer support, there is really not much difference between on-site and software-as-a-service accounting software. Software support is usually located off shore therefore you can expect to wait long to be served. In choosing a software supplier, you have to ensure that there is local phone support so that you’ll have easy access to technical software support when you need one.

With the above discussion, you’ll surely learn a thing or two which will guide you in choosing the most appropriate accounting software for your needs. It can either be on-site or hosted in the clouds. As always, the choice is yours to take.

By Florence de Borja

Subscribe To Our Newsletter

Sorry, comments are closed for this post.

FREE! POPULAR RESEARCH TOOLS

Popular Archives

Surprising Facts and Stats About The Big Data Industry

Surprising Facts and Stats About The Big Data Industry

Facts and Stats About The Big Data Industry If you start talking about big data to someone who is not in the industry, they immediately conjure up images of giant warehouses full of servers, staff poring over page after page of numbers and statistics, and some big brother-esque official sat in a huge government building…

Three Factors for Choosing Your Long-term Cloud Strategy

Three Factors for Choosing Your Long-term Cloud Strategy

Choosing Your Long-term Cloud Strategy A few weeks ago I visited the global headquarters of a large multi-national company to discuss cloud strategy with the CIO. I arrived 30 minutes early and took a tour of the area where the marketing team showcased their award winning brands. I was impressed by the digital marketing strategy…

Recent

Cloud Infographic – Top Vulnerable Applications

Cloud Infographic – Top Vulnerable Applications

Top Vulnerable Applications  As you use the Internet on a daily basis, you probably come across cyber security topics, but rarely glance at them twice. After all, cyber security threats don’t concern you, right? Well, that’s not exactly true. Cyber attacks are more widespread than you can imagine and they may be targeting your devices as…

The Lighter Side Of The Cloud – Whatever Happened To Alone Time?

The Lighter Side Of The Cloud – Whatever Happened To Alone Time?

By David Fletcher Are you looking to supercharge your Newsletter, Powerpoint presentation, Social media campaign or Website? Our universally recognized tech related comics can help you. Contact us for information on our commercial licensing rates.  About Latest Posts Florence Latest posts by Florence (see all) Negotiating Tips On Software-As-A-Service Contracts – August 9, 2012 How…

MOST RECENT - Posted by
New Trends In Cloud Based Education

New Trends In Cloud Based Education

Cloud Based Education With technological progress accelerating and users’ computer experience becoming richer and increasingly complex, the future developments in education technology is very exciting. Students are now able to attend demonstration sessions on how to handle technology through remote laboratories using advanced applications in a truly interactive environment. One of these exciting areas is in telemedicine.…

The Many Hats Of Today’s IT Managers

The Many Hats Of Today’s IT Managers

The Many Hats of IT Managers In years past, the IT department of most large organizations was much like a version of Middle Earth: a mysterious nether world where people who seemed infinitely smarter than the rest of us bustled around, speaking and typing languages that appeared indecipherable, yet, which made our world work. They…

Selling Your Business To Your Employees

Selling Your Business To Your Employees

Mobility For Your Employees It may seem a radical notion, the idea of selling your business to the people who work for you, but this is the era in which we now work. Employees of all levels are all incredibly aware of their options when it comes to mobility and employability. This doesn’t mean that…

Technology Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100
Site 24x7 200px-KPMG
Advertising ROI Plans

Established in 2009

CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

CloudTweaks Comic Library

Advertising