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    Cloud Accounting Software

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    eccountant co
    Eccountant Accounting Software is most advance accounting software in Pakistan, our management system is completely web based ERP software design to fulfill all business need.

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    © All Rights Reserved
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    Cloud Accounting Software

    Uploaded by

    eccountant co
    70 views2 pages
    Eccountant Accounting Software is most advance accounting software in Pakistan, our management system is completely web based ERP software design to fulfill all business need.

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    © © All Rights Reserved

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    Eccountant Accounting Software is most advance accounting software in Pakistan, our management system is completely web based ERP software design to fulfill all business need.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    70 views2 pages

    Cloud Accounting Software

    Uploaded by

    eccountant co
    Eccountant Accounting Software is most advance accounting software in Pakistan, our management system is completely web based ERP software design to fulfill all business need.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Cloud accounting software

    Cloud accounting solutions provide an equally secure (and sometimes


    even more secure) method of storing financial information than traditional
    accounting software. For instance, a company computer or laptop with
    critical financial information could be lost or stolen, which could lead to an
    information breach. Cloud accounting software, however, leaves no trace
    of financial data on company computers, and access to that data in the
    cloud is encrypted and password protected.

    Sharing data is also less worrisome. With cloud accounting, two people
    simply need access rights to the same system with their unique passwords.
    Traditional methods often require flash drives to transport data, which could
    be lost or stolen.

    Lastly, cloud providers usually have backup servers in two or more


    locations. Should one server network go down, you still have access to
    your data. Information kept just on-premises could be destroyed or
    damaged in a fire or natural disaster, and may never be recovered.

    Hosted applications – The hosted solutions involve your desktop or


    client/server accounting application running on a remote server. You gain
    access to your accounting software using a remote session via the Internet.
    This solution allows you to use your existing software and data.

    Software as a Service (SaaS) – In this format, the accounting software and


    your data are stored on the vendor’s servers and are accessible via a web
    browser. If you have ever used a social media site or online banking, you
    have used a SaaS solution.

    What are the benefits?

    There are numerous benefits to cloud accounting and progressive business


    owners are enjoying them. Here are a few of the benefits:Anytime,
    anywhere access – Your accounting software and operating results are
    available to you from a browser or mobile device. This is something that
    you can’t do with today’s desktop accounting solutions.Better security –
    Most cloud accounting software is run from a data center, which offers
    multiple levels of security to protect the software and your data. The typical
    data center has significantly better security than most small businesses.

    No installations or updates required – Cloud accounting vendors maintain


    the software and install the updates.
    Automatic backups – The cloud vendor assumes responsibility for system
    backups. Your data is often stored in multiple data centers that are in
    geographically diverse locations. No startup costs or long-term
    commitments – Cloud accounting applications are rented not purchased.
    They do not require a small business to invest in servers or software.

    What are the risks?

    The world of cloud accounting is not without risk. These solutions are new
    and require that you perform the necessary due diligence to determine if
    the solution is right for your business. Here are a few of the risks:

    The vendor goes away – Over a decade ago, we experienced a tech


    bubble where vendors were here one day and gone the next. The same
    risk exists with cloud accounting vendors. It is important to have a
    contingency plan. You don’t have Internet access – Cloud accounting
    vendors are accessible from anywhere and anytime assuming that you
    have a connection to the Internet. If you find yourself without internet
    access, you will not have access to your accounting data.
    Security breach – Cloud accounting software for small business and your
    data both live on the Internet. There is a risk that someone could gain
    access to your data.

    Contact us:- +92 300 0607302

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