Cloud Accounting And Telecommuting: Reasons Why Companies Need It

Cloud Accounting And Telecommuting

If you own a small business, you may still be using a spreadsheet or the traditional pen and paper method to maintain accounting records. You may also have been using over-the-shelf accounting software. The above alternatives, no matter how popular they may be, are really outdated and old-fashioned. Most of these systems are prone to error and can result in many problems. Thus, an alternative solution has been developed to replace the old accounting systems. Today, more and more businesses are turning to cloud accounting systems to fulfil their needs. Cloud accounting is available to anybody who has an Internet connection; it is easy to use, and saves both time and money.

Although a spreadsheet or pen-and-paper solution is still the cheapest alternative when it comes to keeping financial records, cloud accounting software is not expensive either. There are various cloud accounting suppliers that can offer their services for as low as $19.95 per month. There is no need to install a copy of the software on your office computer and you need not pay for licenses. Aside from the cost savings, cloud computing also saves time, thereby allowing you to concentrate on your business operations.

Cloud accounting can be accessed safely anytime and anywhere as long as you have an Internet connection. It is able to automatically back up all your accounting data daily, and this backup data is usually kept on multiple servers. Therefore, you won’t have to worry if your office computer crashes—your data is safe in a remote location. Because you can access your accounting data through an Internet browser, you can be anywhere in the world and still be able to check your financial reports and transactions. Cloud accounting is simple to use and is very similar to the traditional accounting software you’ve become accustomed to. Most cloud accounting applications are convenient to use and can be accessed quickly.

Many businesses are now geared towards telecommuting, and having a virtual office is expected to be the future of work. Large businesses have started to take steps in this direction, and are now starting to build remote work groups. The general public is also becoming interested and curious about telecommuting’s advantages, as the technology of remote access continues to redefine the concept of an office. Because of the advancement of technologies in the fields of video conferencing, instant messaging, voice-over-IP, and virtual private networks, it is now possible to create a virtual office that can connect computers remotely through broadband Internet.

Telecommuting has its advantages for both employees and employers. Firstly, it allows each employee to observe flexible work schedules, while for the employer, it means you can save on salaries and infrastructure expenses. In general, telecommuting employees are only paid 70 percent of what is paid to non-virtual workers.

Statistics also show that fuel costs can be reduced by as much as 20 percent when an employee telecommutes once a week. Aside from the fuel savings one can gain by telecommuting, it also reduces environmental hazards. It is the relentless advance of technology that is paving the way for the creation of virtual offices, and HR managers are realizing that employees do not need face-to-face interaction to do a job well. In order to retain talented employees, businesses are now finding it necessary to become amenable to telecommuting. Furthermore, telecommuting has the potential to reduce the conflicts which can arise when workers work together in a traditional office environment. It has also made it possible for employers to scout for employees globally, and they are finding that talented employees are not only confined in a certain community or country. Employers now can outsource their operations to such workers across the globe.

By Florence de Borja

Sorry, comments are closed for this post.

Comics
7 Common Cloud Security Missteps

7 Common Cloud Security Missteps

Cloud Security Missteps Cloud computing remains shrouded in mystery for the average American. The most common sentiment is, “It’s not secure.” Few realize how many cloud applications they access every day: Facebook, Gmail, Uber, Evernote, Venmo, and the list goes on and on… People flock to cloud services for convenient solutions to everyday tasks. They…

Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

There is a Difference – So Stop Comparing We are all familiar with the old saying “That’s like comparing apples to oranges” and though we learned this lesson during our early years we somehow seem to discount this idiom when discussing the Cloud. Specifically, IT buyers often feel justified when comparing the cost of a…

Virtual Immersion And The Extension/Expansion Of Virtual Reality

Virtual Immersion And The Extension/Expansion Of Virtual Reality

Virtual Immersion And Virtual Reality This is a term I created (Virtual Immersion). Ah…the sweet smell of Virtual Immersion Success! Virtual Immersion© (VI) an extension/expansion of Virtual Reality to include the senses beyond visual and auditory. Years ago there was a television commercial for a bathing product called Calgon. The tagline of the commercial was Calgon…

Despite Record Breaches, Secure Third Party Access Still Not An IT Priority

Despite Record Breaches, Secure Third Party Access Still Not An IT Priority

Secure Third Party Access Still Not An IT Priority Research has revealed that third parties cause 63 percent of all data breaches. From HVAC contractors, to IT consultants, to supply chain analysts and beyond, the threats posed by third parties are real and growing. Deloitte, in its Global Survey 2016 of third party risk, reported…

Cloud Native Trends Picking Up – Legacy Security Losing Ground

Cloud Native Trends Picking Up – Legacy Security Losing Ground

Cloud Native Trends Once upon a time, only a select few companies like Google and Salesforce possessed the knowledge and expertise to operate efficient cloud infrastructure and applications. Organizations patronizing those companies benefitted with apps that offered new benefits in flexibility, scalability and cost effectiveness. These days, the sharp division between cloud and on-premises infrastructure…

Adopting A Cohesive GRC Mindset For Cloud Security

Adopting A Cohesive GRC Mindset For Cloud Security

Cloud Security Mindset Businesses are becoming wise to the compelling benefits of cloud computing. When adopting cloud, they need a high level of confidence in how it will be risk-managed and controlled, to preserve the security of their information and integrity of their operations. Cloud implementation is sometimes built up over time in a business,…

Connecting With Customers In The Cloud

Connecting With Customers In The Cloud

Customers in the Cloud Global enterprises in every industry are increasingly turning to cloud-based innovators like Salesforce, ServiceNow, WorkDay and Aria, to handle critical systems like billing, IT services, HCM and CRM. One need look no further than Salesforce’s and Amazon’s most recent earnings report, to see this indeed is not a passing fad, but…

Four Recurring Revenue Imperatives

Four Recurring Revenue Imperatives

Revenue Imperatives “Follow the money” is always a good piece of advice, but in today’s recurring revenue-driven market, “follow the customer” may be more powerful. Two recurring revenue imperatives highlight the importance of responding to, and cherishing customer interactions. Technology and competitive advantage influence the final two. If you’re part of the movement towards recurring…