For small business owners using spreadsheet and ledgers, moving to a cloud based accounting system can be daunting. Many have different reasons for putting it off.
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Three ways to take small business accounting to the clouds
1. Three ways to take Small Business Accounting to the Clouds
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2. For small business owners using spreadsheet and
ledgers, moving to a cloud based accounting
system can be daunting. Many have different
reasons for putting it off.
3. Businesses that run on manual systems are
wasting valuable time and working inefficiently, and
are at risk of losing their competitive edge in the
market place.
4. Remote Access
If the business has day-to-day internal accounting competence,
many software packages that are installed on the desktop allow for
remote access. To gain access, the desktop computer at the
business must be left on so that it can be accessed by the CPA, so
security issues should be reviewed as a precautionary step. Remote
Access works best when there is a dedicated computer for
accounting and only one person accessing the data.
5. Software Hosting
Hosting your accounting data is an even closer step towards the
cloud. When an SBO “HOSTS” their accounting software
bookkeeping personnel will login to the hosting company’s server
and complete their task over the internet. The data will reside on the
hosting company’s computers and updates will be done by the
company. Hosting also allows simultaneous users allowing more
than one person assess to accounting functions.
6. SaaS Solution
Small businesses face a multitude of challenges to success due to a
lack of IT resources, operating expenses, and the effort needed to
successfully grow a company. Acquiring organizations are well
placed to help their small business merchants overcome many of
these challenges by proving them with access to SaaS apps.
Software-as-a-Service (SaaS) applications allow growing firms to
maximize budgets while realizing new efficiency and opportunities
for innovation.
7. Cloud Computing and the Public Sector
Cloud Computing and the Public Sector
What is your organization’s relationship to Cloud Computing?
23% using for remotely hosted apps to store data or both
36% currently investigating
3% investigated but rejected
38% not considered
8. The Rise of CLOUD ERP
By 2016, public IT Cloud service spending will
reach $98 billion.
The compound annual growth of Cloud IT is 5 times
the growth of the IT industry overall.
9. What customers are asking for?
63% of customers expect to have a single major Cloud
Service Provider.
84% of customer want an established relationship with a
vendor to trust them as a Cloud Service Provider.
67% of customers expect to purchase a wide variety of cloud
services from a single vender.
74% of customers expect their Cloud Service Provider to be
able to move a Cloud offering back on-premises if needed.
Source Based on IDC InfoDoc from the Microsoft Worldwide Partner Conference
10. Source Based on IDC InfoDoc from the Microsoft Worldwide Partner Conference
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