What is the cloud?
The cloud is a platform to make data and software accessible online anytime, anywhere – for example, internet banking. Instead of storing information on your computer, it’s stored online, so you can access it from any internet-connected device.
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. Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues. Instead, they are managed by the cloud service provider.
Resources to help your business move to the cloud
Is moving to the cloud worth it?
Using cloud accounting software frees up your time. You’ll have an up-to-date view of your finances anytime, anywhere.
Save hours on admin with automatic bank reconciliation, streamline paying staff with online payroll, collaborate online with your team and your accountant or bookkeeper and so much more.
Cloud security is world class
Cloud-based software companies ensure that the security and privacy of data about you and your organisation is airtight.
All your information is safely and securely stored off site, so as long as you have access to an internet-connected device, you can run your business.
Additionally, when you invite users to view your data, you can control the level of access – this is much more secure than emailing files or sending out USB sticks with your data on.