The Time is Right for Cloud Accounting

The cloud used to be on the cutting edge of technology. Not anymore.

By now, the cloud has so many adopters across so many aspects of business that it has become the standard. New technology is assumed to have a cloud option, just as old processes are increasingly moving to the cloud. Soon enough, we won’t even mention the word “cloud” – it will just be assumed, which is great news for businesses that have yet to migrate from on-premises software.

Now that the cloud has become the norm, the path to get there has never been easier. Getting used to working from the cloud has a short, simple learning curve. We do it in everyday life – from Netflix to sports pools. The list of benefits is growing longer every day. Here are some to consider:

• Integrations – Integrated technologies that share data and tools help users become more efficient, insightful, and productive than ever. Cloud software makes integrations easy (even automatic) so that any company can turn into a digital enterprise built for the future.
• Security – Ransomware and other cyber attacks make cybersecurity a top priority for any organization. Cloud providers will handle key aspects of security so that users save time and money while ensuring their systems have important (and effective) protections in place.
• Access – The Covid-19 pandemic highlighted the need for remote access to IT. The cloud excels at giving users access to everything they need, in familiar format, from any location. In this and many ways, cloud technology delivers more agility than the alternatives.
• Scale – Business requirements are changing fast and hard to predict. With cloud technology, companies can scale their capabilities up, down, or sideways with great flexibility and predictable costs. Seamless scalability means that tech can always do what the business needs it to do.
• Cost – As the cloud marketplace has become more competitive, costs have too. Migration can save on licensing costs, but it also saves on maintenance, security, upgrades, and stress. The cloud in many cases offers better tools at a lower overall cost than currently.
• Potential –Tomorrow’s companies will run on the cloud regardless of their size or industry. It looks inevitable. Getting acquainted with the cloud now helps companies remain relevant and take advantage of all the exciting tech that the cloud has (and will) have to offer.

For something like accounting – the bedrock of the company – switching from a familiar system to something cloud-based can stoke up a lot of anxiety and uncertainty, and this is natural, but the case for the cloud has never been stronger, and the time is right for migration.

We will be hosting a webinar to help attendees explore where they see themselves 12 months from now. It’s an informal way to look at the obstacles and opportunities that lie ahead and touch on how the cloud might help with both. We encourage anyone using an on-premises accounting system to [sign up for a free spot here]