Should You Move Your Small Business Finances to the Cloud?

Posted on May 10, 2016


Taking Small Business Finances to the Cloud is Efficient and Cost-Effective

small business financesIt’s a common mistake for small business owners to believe that innovation is only for the big businesses. While you always have to make careful decisions about the cost-effectiveness of investing in technology, cloud software is not one of those areas where only big businesses can afford the best, new resources. Moving your small business finances to the cloud is a cost-effective decision, but there are several other benefits, too.

If it’s been a while since you’ve considered investing in new software, you may be surprised at the variety of options available on the cloud. Here are a few reasons why you should consider taking your small business finances to the cloud:

Cost: Look over the options available for cloud accounting and you’ll quickly see that they are affordable for any size business. A cloud solution requires little in the way of investment in hardware or IT support, and user subscriptions allow you to purchase only the number of users you need and easily scale up as you grow.

Productivity: Cloud solutions allow you to not only collaborate with members of your organization from any location, but you can also pull in outside contributors to a project. Rather than rely on emails or phone messages to communicate, you can collaborate in a central program and stop waiting for team members to get back to you.

Security and Support: All security and support is handled by the software provider that houses the server. This means that you have better security for your data, and installation and updates are handled seamlessly. If your system crashes with a cloud solution, the problem is resolved in minutes, not hours.

Integration: Cloud software is easily integrated with other systems. As you grow, you may find that your small business finances need the support of a social layer for increased communication between team members and departments. With the right resources, you can manage every piece of your company under one umbrella.

QuickBooks in the Cloud: QuickBooks is available in cloud format. It’s a great platform for small businesses and is both user-friendly and affordable. QuickBooks handles invoicing, payroll and reporting, and provides easy access to high-quality financial records.

If you would like more information about how QuickBooks in the cloud supports your small business finances in an affordable and easy-to-learn format, call on Bert Doerhoff, CPA, and the specialists at AccuBiz. Contact AccuBiz today to make an appointment.