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Cloud Infographic: Evaluating Cloud Accounting Software

Cloud Infographic: Evaluating Cloud Accounting Software

Evaluating Cloud Accounting Software

The cloud computing concept is really very simple. The software programs are on the World Wide Web which accounting firms do not need to manage, install, or buy. There is no need to hire IT professionals because these firms only need a robust internet connection and a browser. Network switches, operating systems, applications, and servers are unknown to these accounting firms. For these organizations, such things belong to the cloud, the World Wide Web, and the cloud computing supplier.

An accounting firm can benefit from cloud computing in different ways. One, the overhead is quite low. System administration, upgrades, and maintenance become the responsibility of the supplier and everything happens in the cloud. Therefore, the firm does not need pay a supervisor to monitor any software/hardware work which usually occurs during weekends or at night. For a small firm of 100 employees, cloud computing software usually costs 50% less than software installed in the firm’s premises in a span of 4 years. Read More

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Infographic Source: Financial Force

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One Response to Cloud Infographic: Evaluating Cloud Accounting Software

  1. Cloud based accounting systems is the trend for the present and for future. With an accounting system in the cloud, you know your data is backed up instantaneously across multiple servers. But the success of cloud account software depends on how mid-sized business quickly adopt to it. A quick guide, the 2012 Cloud Accounting Evaluation Guide, from FinancialForce.com (http://tiny.cc/thl5dw), which released this infographic, might help companies become more aware of the new cloud accounting software marketplace.

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