Accounting practices have transformed significantly in the last decade and will continue to do so in the years to come. Desktop applications, such as QuickBooks Desktop, that are typically installed on-premises are increasingly becoming SaaS-based and delivered as a cloud service.
This has helped accounting businesses provide real-time access to their enterprise resources to remote workers. Cloud computing has brought significant flexibility to accounting processes and has improved productivity across organizations, highlighting the growing importance of QuickBooks hosting solution providers.
Firms are increasingly outsourcing the hosting responsibility to third-party businesses, as they can focus on their core business of tracking inventory and ensuring project profitability. In this article, we will see why every business should opt for QuickBooks cloud hosting.
Simplifies Business Operations
Regardless of the size of the business, a small business owner, CFOs of top companies, or anyone in between, complex accounting is a major hassle. This is particularly true after mergers and acquisitions when finances have to be consolidated from different companies when data from different accounts, such as after admins migrate Office 365 tenant to tenant, has to be moved.
With cloud services, add-ons can be used with QuickBooks and Office 365 to simplify complex processes.
Enhanced Security Capabilities
Security is one of the most challenging issues for small and medium businesses. If their data falls into the wrong hands, it could be catastrophic for their business. By hosting QuickBooks on Azure Virtual Desktop, this challenge can be easily overcome as the financial data is protected by Microsoft’s innovative security capabilities.
It adds additional levels of security such as multi-factor authentication (MFA), which prevents unauthorized access by malicious actors. Additionally, it provides tools and features that can help admins identify unusual activities and improve visibility to data.
Facilitates Multi-User Collaboration
Collaboration is becoming the cornerstone of success for modern enterprises. Each modern business tries to ensure seamless collaboration among its employees and external stakeholders. With cloud hosting services, organizations can safely provide access to their enterprise resources to as many users as they need to, whenever required.
If employees are based out of different locations, data does not have to be transferred back and forth via email and other older modes of collaboration. Consequently, users have access to a more efficient workflow with better collaboration capabilities, powered by cloud computing.
Simplified Add-On Integration
Add-ons are one of the most important additions to software applications as they enhance the capabilities without making changes to the installed applications. Applications such as QuickBooks Desktop support a wide range of add-ons from different third-party service providers to extend the capability of the application beyond the simple accounting for which QuickBooks is designed.
However, integrating add-ons adds to the computing requirements of the system. Each additional application needs RAM and storage space, which are available in a limited amount on desktop computers. This drawback can be overcome with QuickBooks cloud hosting, which allows users to scale RAM, storage, and other computing capabilities, based on changing requirements.
Increased Resilience Against Disasters
The loss of data is the biggest fear for almost every business owner or manager. This is particularly true when there are no backups, and all the data is stored in a single location. Moving data to the cloud ensures that enterprise-grade backups and disaster recovery mechanisms are leveraged to ensure data security.
Even if there is a technical glitch or a natural disaster, data can be recovered easily as it is protected using service level agreements (SLAs) with the provider.
To conclude, the QuickBooks cloud hosting service not only offloads backend activities but also increases security while reducing costs. Always host QuickBooks with an Intuit Authorized Hosting Provider, such as Apps4Rent for reliable 24/7 phone, chat, and email support.