The world of accounting is ever changing, and as a result, accountants play an increasingly important role in the corporate world. The modern accountant must possess technical expertise or else risk becoming obsolete. The best accountants are those who are open to new ideas and methods, adaptive to the modern technological age in which they’re living and participating in major decisions surrounding a company's well-being. Gone are the days when an accountant only had value if they could balance books well - although this is still an essential part of their job description!
Technology is a key player in today’s society and has transformed just about every industry. Even accountants, whether they work as CPAs or are self-employed individuals, are utilizing technology in their practice to create more efficiency in the workplace. For example, cloud computing solutions like QuickBooks pro cloud hosting helps accountants take care of critical accounting issues remotely - making themselves available to tech-savvy clients who require more immediate assistance.
Well, there are many technological advancements that accountants of the current era have been using to make their practices more effective and streamlined but one particular technological advancement that has completely transformed accounting firms is cloud computing. Cloud computing offers a very reliable solution for QuickBooks pro users in the form of hosted QuickBooks pro. Let’s understand how it works:
What is QuickBooks pro hosting?
Your QuickBooks pro will be installed on a third party cloud server with your QB pro license, this will make your QB pro accessible to you through internet from anywhere at any time. All the maintenance and management of your QuickBooks pro will be taken care by the QuickBooks pro cloud hosting provider. A monthly fee will be charged as per your plan to avail this service. This practice of having your QuickBooks pro hosted on completely managed cloud servers is known as QuickBooks pro hosting.
Difference between QuickBooks pro and QuickBooks pro plus hosting:
There is not much of a difference in the hosting methodology for QuickBooks pro and pro plus, the difference comes in the functionality they bring with them that can be utilized on a cloud server.
QuickBooks pro plus bring some additional features which are not present in QuickBooks pro version such as enhanced payroll features; it also includes automatic backups for your data files, continuous security upgrades, upgrades for pro plus without any cost and along with that, early access to the upcoming features of QuickBooks is given to QB pro plus users.
Both the applications are installed with your QB license, and accessible via internet from remote locations, backup, security and other server maintenance tasks are performed by QB hosting provider with QuickBooks pro and pro plus hosting.
As the location limitations is eliminated with the help of cloud computing applications, such as QuickBooks pro cloud hosting services, accountants are able to access the books and data of their clients from the comfort of their own office desktops, just within a few clicks. This completely transformed the way that clients stored, accessed and managed their accounting data and this is why cloud computing applications like QuickBooks pro Cloud Hosting became a new normal for accounting industries throughout the globe.
Businesses looking to hire accountants are no longer satisfied with basic accounting tasks, most businesses that go seeking for accounting services will be looking at the client's portfolio first to ensure they have all of the skills and experience required. Although trust may have an effect on clients as well, security and safety are also a key factor in any professional accountant's skill set. The traditional way of storing sensitive financial data can be unsafe and this is why digitized services are much more appealing to those businesses seeking a reliable team of accountants. By using the cloud, data can be stored safely online rather than having to store it on a local hard drive which could eventually fail or even potentially get stolen! This gives a feeling of trust to the clients that their data is safe & secure on guarded cloud platforms; it also encourages them to move their QuickBooks pro on the cloud.
There is more to it, let’s explore the other factors that makes this trending tech so crucial for financial & accounting sector. We are going to have a look into the major areas that has been affected and turning out to be the advantageous.
Benefits of QuickBooks pro cloud hosting:
Make accessibility easier:
We discussed this above but it is important to highlight about the device compatibility of QuickBooks pro hosting which is available with PC, OS X and tablets. The hosted accounting software can be accessed from mobile devices like the iPhone or iPad. It allows users to work conveniently from anywhere and at any time. You do not need to take your hard drive everywhere in order to access the financial information which you can view over the internet instead. QuickBooks hosting also offers collaboration capabilities while working which means that various users can access the same work or data without any device constraints.
Increased data security & privacy:
In every company whether it is small, medium, or big scale; providing data safety to the user's sensitive information is very crucial. Before opting for the cloud technology, we need to ensure that QuickBooks pro cloud hosting provider offers various security options like dual backups, password protection, and 128-bit secured encryption for the user's data which make your data safe compared to on-premises software. Also, secure password policy linked to users and data encryption gets listed in the contract signed by the user electronically.
Higher productivity:
Evolution in technology has allowed CPAs to manage their customers more efficiently, thanks to the cloud computing that's out there. For example, hosted QuickBooks pro allows accountants to complete their regular financial transactions and work with a few simple clicks with the access to their data in real time and allowing them to get real time reports of their data, as opposed to spending hours to get the actual information. This efficient method also helps them store important financial data or records and have easy access to them whenever they need assistance in making major financial decisions for their business.
More Focus on core accounting goals:
Disruptions in workflow or misplacing an important file can throw accountants off in important moments when their focus should be at its height. Thankfully, technologies like QuickBooks hosting helps them stay focused even during stressful tax season times because they are able to take more control of their data from any computer within minutes. QuickBooks with hosting gives them the freedom to focus on what’s really important by protecting their business data, preparing relevant weekly and monthly reports for clients, and as a result, accountants avoid getting stuck at a point where they accidently misplaced any information.
More collaboration among employees:
QuickBooks hosting service allows multiple users from an organization to work together in their QB accounting application regardless of their physical location that results in more efficient decision making and substantially decreased workloads. With, QuickBooks pro plus hosting, more than one employee can log in at the same time to view and edit data related to their project! This allows for team members to better collaborate due to having multiple people can access and add/remove information about their ongoing projects. This produces results faster and also minimizes mistakes because it acts as a safety net not only in terms of redundancy, but also in terms of having others members of your team keeping an eye out for what you may have missed when you stopped working on the project to complete another task!
Managed backups for tackling disasters:
While it is not uncommon for computers to crash when you are working on a critical piece of data, luckily, with the traditional desktop version of QuickBooks, it is practically impossible to recover the data in an updated state. But with QuickBooks Hosting, since the data is stored in real-time on multiple servers located in different locations in the world, as long as you have access to your network or even a remote location where there is reliable internet connection, if anything should happen to your device (crash or whatever), you will still be able to recover any lost data quickly and resume work right where you left off upon turning your computer back on. You will suffer no inconvenience of any sort whatsoever and that makes this way smarter than doing accounting traditionally!
Always available for users:
All the top cloud vendors are known for offering high levels of uptime because they know that you need to stay connected to your QuickBooks data files system regardless of what happens in the world around you. Cloud computing is designed in a way that it protects your confidential financial data so that words like interruption or being locked out become meaningless as every resource is always within your arm's reach. Most of the QB cloud hosting providers nowadays offers a 99.9 % of uptime on their platforms.
Is hosted QuickBooks pro a long term solution to your accounting needs?
Yes, because most CPAs are in need of a QB cloud hosting firm that has a service that is flexible enough to meet their changing needs. QB Pro hosting Solutions is the perfect way for them to manage the needs of their business because it offers scalability, which means that it can be adjusted to match the changing needs of accounting professionals and firms.
Instead of adding hardware resources to match up with your growing business needs, additional resources can be deployed instantly on the cloud server including RAM, Space, CPU and bandwidth etc. This advocates to the fact that it will turn out to be a reliable & a long term solution which will not only caters the needs of the accountants but also help their business to take off in a very positive way.
Support for technical issues with QuickBooks pro cloud hosting:
You may wonder that what if there is any sort of technical issues one may face after moving to the QB hosted systems, where will they find the help?
The good thing is that there is technical help available, it is another major factor that determines the experience of the users on the cloud environment, most of the CPAs are not very good with the problems relating to technology, and if they begin to focus on these sorts of issues then their accounting operations will inevitably suffer. QB pro on the cloud allows CPAs to get the technology they need without having to spend time and energy focusing on it themselves because they get round-the-clock technical support from their hosting provider that comes included in their hosting package.
Conclusion:
In past few years, it has been established that cloud technology is a proven way to increase the productivity of accounting firms. Because of its benefits, more and more accounting firms are adopting cloud computing methods for their employees to better meet the expectations of their clients. Cloud-based QuickBooks can help accountants simplify complex tasks and improve the transparency of their work for clients without wasting valuable time in transit between offices or meetings. It only makes sense that accounting organizations have adopted so aggressively to cloud technologies over the years. Cloud computing maximizes productivity and reflects the changing nature of accounting as a profession, since it allows more time for advisory services instead of day-to-day processes and procedures.
If you are looking for an appropriate time to move your accounting tasks to cloud, now is the time to avail all cloud benefits and also be able to deliver exceptional service to your clients, basically it is taking your business to a whole new direction.
Quick Cloud hosting is a leading cloud service provider and hosts all accounting & tax applications on their reliable & secure cloud servers, they have solutions like QuickBooks pro hosting, QuickBooks premier hosting, QuickBooks enterprise hosting. With a dedicated tech team available 24 x7 at your disposal, you can enjoy all the benefits of cloud for your business.