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WHY CLOUD ACCOUNTING IS GOOD FOR SMALL BUSINESS

Why Cloud Computing Is Good For Small Business

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Page 1: Why Cloud Computing Is Good For Small Business

WHY CLOUD ACCOUNTING IS GOOD FOR SMALL BUSINESS

Page 2: Why Cloud Computing Is Good For Small Business

You Are Not Alone.

Cloud computing got you confused?

Page 3: Why Cloud Computing Is Good For Small Business

• Most of us talk about ‘the cloud’ without even realizing what it really means.

So what is cloud computing?

• We’ll clear the air on cloud computing and how it can benefit your business.

Page 4: Why Cloud Computing Is Good For Small Business

ACCOUNTING SOFTWARE SHOULDN’T BE A HARD TO USE

Problems with traditional accounting software include:

The data in the system isn’t up to date and neither is the software.

It only works on one computer and transferring the data to another computer is not secure.

Only one person has user access and key people can’t access financial information.

It’s costly and complicated to keep backups (if they are done).

It’s expensive, difficult and time-consuming to upgrade the software.

Customer support is expensive and slow.

Page 5: Why Cloud Computing Is Good For Small Business

WHY CLOUD ACCOUNTING SOFTWARE IS A PERFECT MATCH

In the cloud, there’s no need to install and run applications over a desktop computer.

Instead, you pay for the software by monthly subscription and you get:

Access to cloud-based software from any device with an internet connection.

Small business owners stay connected to their data and their accountants.

The software can integrate with a whole ecosystem of add-on Apps.

It’s scalable, cost-effective and easy to use.

Cloud Security Is World Class

─ All data is safely and securely backed up off site.

─ The privacy of an organization’s sensitive data is always airtight.

Data entry time is drastically reduced

─ Data entry is automated.

Page 6: Why Cloud Computing Is Good For Small Business

1. You have a clear overview of your current financial position, in real time.

2. Multi-user access makes it easy to collaborate online with your team and accountant.

3. Worry-free maintenance means you can spend more time doing what you love.

4. Business owners can make better and more accurate decisions.

5. Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues.

FIVE WAYS CLOUD SOFTWARE BENEFITS YOUR BUSINESS

Page 7: Why Cloud Computing Is Good For Small Business

Tradition vs. The Cloud Traditional banking vs internet banking

─ Financial data was only available to you when you were physically at the bank. ─ With internet banking, your financial data is available online in the cloud.

Traditional mail vs web mail ─ Correspondence was only available at the post office. ─ Web mail means that your mail is available whenever you’re online.

Traditional shopping vs. online shopping─ Physical business is only open at limited times and places. ─ Online shopping is available anytime.

Traditional accounting software vs. cloud accounting software─ Desktop software – your data resides on your computer and is available at limited times, on

limited devices, and often to a limited number of people. ─ Cloud software – data resides online and is always accessible from anywhere at anytime. ─ An unlimited number of people can use it at the same time.

Page 8: Why Cloud Computing Is Good For Small Business

The introduction of cloud computing has changed the way CPAs and Accountants

interact with their clients.  

With cloud computing, it is much easier to collaborate with their client’s and

monitor their financial data in real time.

Page 9: Why Cloud Computing Is Good For Small Business

Let The Cloud Set You Free As you can see, the big benefits of cloud computing are:

It lets you get at your data anytime, anywhere and breaks the chain between your

desk computer and your data.

Reduces or eliminates redundant time consuming work.

Access to your data with your mobile device while on the go.

No need to worry about backups, theft, IT support or upgrades.

All data is updated in real time and accessible to multiple people simultaneous.

The cloud takes the stress out of computing and frees up time for other things.

Page 10: Why Cloud Computing Is Good For Small Business

THE NEXT STEP

Any Questions?

Contact information:

Larry Franck

(402) 498-0356 Ext. #1

[email protected]