The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
How do you envision the cloud to be?
Is it sci-fi and all its futuristic effects?
Or would you rather think of it as bits and pieces of data spread around cyberspace, just waiting for an app or service to prod them to good use?
Wondering what exactly cloud accounting and IT outsourcing services are?
Wondering how it works? Glad you asked.
Cloud accounting has been offering cost benefits, competitive advantages, and business efficiencies for over two decades but many companies still operate without IT outsourcing services and cloud accounting.
These companies are still not ready to make the switch.
But why?
First, they still think that being in the cloud is not secure and it is preventing organizations from making the switch.
They hear occasional cloud security breaches that give the impression that subscribing to a cloud based management software is simply too big a risk
Second, the refusal and denial of the need to change and to introduce something — resistance to change.
Third, there are many changes to instill and they are not yet ready.
The learning curve is so great that just thinking about it makes it stressful for them.
Fourth, the cloud-based software may not be compliant with industry regulations, thus migrating to cloud computing can just mess up the entire existing system.
Fifth, the lack of knowledge.
This is why cloud computing and cloud accounting has not been implemented in organizations just yet because many people coming from different sectors have not yet totally grasped the principles of cloud accounting work.
Sixth is fear.
It is a scary proposition to shift to something that handles your sensitive data and gives access and control without built-in trust and confidence.
Cloud accounting has been around but then many are still reluctant to use it despite some problems encountered with the existing legacy system.
As businesses grow there are more complex processes needed with the exponential increase in data .
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Sign-up for a FREE easyFS Accounting System now!It has been more and more difficult to be able to keep sensitive information, vital programs and processes up and running in in-house servers and office based desktops.
Most often there are systems failure, loss of information and inaccurate data leading to a whole bunch of more pressing problems.
All these issues point to one direction — and there has never been a better time to get your head in the cloud and finally make the switch.
The time is NOW.
Here are the advantages of switching to cloud accounting, cloud computing powered by a cloud based management software:
Savings
- Do not worry about the price tag that comes together with the switch.
- There is an initial cost but the savings you will get in the long run is totally worth it .
- The cloud grants easy access to your company’s data and will in turn help save time and money.
- You actually pay as you go.
- No offers and updates will be at work if you do not give the go-signal.
Flexibility
- By having IT outsourcing services to take care of all IT hosting and infrastructure you get to be more flexible and will have more time to focus on other aspects of the business.
Security
- Rapidscale.com says that 94% of businesses saw an improvement in security after switching to the cloud.
- There is amped up security because of the use of encryption.
- Most theft in on-premise systems is done internally among unscrupulous employees.
Insight
- Most cloud based engagement software provides integrated and systematic cloud analytics to help meet the company’s goals and work towards building more foreseeable action plans.
Improved Collaboration
- Cloud accounting makes collaboration a simpler process, building teamwork and strengthening communications.
Loss Prevention
- Local hardware most often encounters problems despite best intentions.
- Not being in the cloud means one thing: you can lose information.
- With cloud based management software, data remains safe.
Quality Control
- You can maintain efficiency and consistency in data and prevent human error, can trace documents and have a clear record of updates and revisions.
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Click to Learn More.Sustainability
- Cloud based management software cuts down the use of paper as there are more virtual services being offered thus supporting environmental productivity and improved energy efficiency.
Competitive edge
- You will have a better position in the market and can potentially compete with the other players.
Always updated
- With cloud-based software, you always get the latest version of the program as the updates happen in real-time.
- The slow and painful software updates of yesterday’s legacy on-premise software became the thing of the past.
In today’s challenging workplace, with COVID 19 having posted an enormous challenge for all organizations, businesses continue to scramble to use the best systems and processes to provide a unique and winning competitive advantage.
Cloud-based management software with functions of cloud accounting, human resource information systems, SaaS (Software as a Service), and cloud computing have provided companies the resiliency and flexibility to have work-from-home set-ups while continuing full capacity for their management and administrative departments.
Human Incubator Inc. can make the switch to cloud computing seamless, systematic, and secure.
We can help develop cloud-based management software for your business.
See : https://human-incubator.com/
Many have made the switch. Do not be left behind. Are you ready?
