CategoriesAccounting SoftwareSage Software

Using the Best Features of Sage software? You Also Need This

Automation of various tasks is a key to running a successful business, irrespective of the industry. Whether your business involves dealing with various suppliers, contractors, or even human resources, Sage software can work wonders for you. This advanced software is known for its impressive usage in the field of accounting, human resource management, payroll, and payments. There are different versions of this software available to fulfill various needs of diverse business types. 

However, the on-premise installation of Sage software has its limitations. You need to invest a significant amount in setting up local infrastructure based on your business requirements and team size. If you have the opinion that Sage software has helped you handle your business, rise a step ahead and utilize the benefits of Sage application hosting. Sage application on cloud is about planning for the next-level growth of your business in a way that the tools and applications you use are compatible with your needs. 

Sage application hosting can help you make your business more productive and eliminate several restrictions that come along with using the local-hosted Sage. Let’s dig deeper into various advantages of hosting a Sage application on the cloud.

5 Reasons to Switch to Sage Application Hosting

  1. Top-Level Security for Your Data

When you have the Sage application installed on a local computer, the onus of maintaining its data safe and secure lies on you. This is one reason why you invest in several security measures, including anti-virus and anti-malware software. When it is about maintaining software-level security for all the systems your team works on, investing the required time and money is not feasible in all cases. Moreover, there are other hassles of deploying the security methods on all the local computer systems.

With Sage application hosting, maintaining the security of your software and data becomes the responsibility of the cloud solution provider you select. Your data will be protected using top-rated security methods, including multi-factor authentication, data encryption, intrusion detection systems, to name a few. Also, when you host Sage application on cloud, you need not invest in setting up in-house backup servers. The cloud service provider works in this regard by taking regular data backups. 

  1. Hardware Cost Savings

When a company wants to create an in-house IT setup, it needs to set aside a hefty sum to purchase IT hardware and equipment. Moreover, being a machine, the installed hardware needs regular maintenance and upgrade. In terms of returns, these investments may turn out to be quite high for your business to continue working on a local-hosted Sage application.

By switching to Sage application hosting, you can practically eliminate the cost associated with setting up the on-premise IT setup. Your Sage application and its data will be hosted in the cloud environment maintained by the third-party cloud service provider. You can utilize these capital savings in other spheres of your business.  

You can access Sage application hosted on the cloud via your smartphone, tablets, or laptops, without solely relying on office computers. 

  1. 24x7x365 Support

Most of the big organizations deploy an IT team to look after the local IT infrastructure installed. But this is not possible for all businesses, especially those who have just begun their operations and are bootstrapped. On one hand, there are hassles of maintaining the team. While on the other, there is a cost factor. If you have been running an IT or accounting business, you would agree how difficult it can be to set up and maintain a customer support team to resolve queries. 

Sage application hosting providers know this aspect of their clients’ businesses very well. That is why they provide dedicated support services to ensure that clients like you get the hosting-related issues resolved as quickly as possible. Hence, there is no need for you to hire an IT team within your organization.

  1. Multi-User Software Access in Real-Time

A common problem that many users face when working on a local-hosted Sage application is the to-and-fro sharing of data files amongst each other. At each end, some change is to be made in one file before forwarding to another team member, leading to the accumulation of multiple copies of the same file. Also, communicating through emails often causes hurdles related to team collaboration.

Sage application hosting solves such hurdles in a streamlined manner. When you host the licensed Sage application on cloud, you enable your team members to collaborate and also the clients over the shared cloud platform. With this facility, you can work on the same data file with one or more of your team members in real-time, making changes in a way that others can see. Similarly, you can provide authorized access to the cloud-hosted data where they can check for the work done. 

  1. Additional Benefit of Working in a Paperless Environment

With Sage application on the cloud, you can maintain a centralized database that takes care of user documentation needs. If going through paper files and invoices is something that you strongly dislike, you can maintain a paperless work environment with Sage hosting. 

Sage application hosting helps save time that is otherwise spent in getting a document printed and delivered to a destination. On the other hand, it saves overhead costs involved in printing documents and logistics. 

Work Like a Pro with Sage Application Hosting

Sage application on cloud is a complete solution that your business needs to streamline various business processes. With the combination of Sage application and cloud technology, you can benefit in ways you might have never imagined. Whether it is capital expense reduction, remote software accessibility, or software benefits, there are several ways in which Sage hosting can fit your business.

To know more about customized Sage hosting solutions, contact us here

CategoriesAccounting SoftwareCloud Hosting

Want Higher Productivity for Your Accounting Firm? You Need This

Cloud technology is synonymous with several business benefits, one of which is enhanced productivity. Cloud technology has transformed how accounting firms work, introducing the concept of simultaneously working on the same platform. Statistics say that cloud data centers will handle 94% of workloads by 2021. 

If you are looking for ways to increase productivity for your accounting firm, switch to cloud technology. You might be wondering how cloud hosting services help improve productivity. To clear all your doubts, you must weigh various facets of bringing cloud benefits to your firm.

From streamlining communication between employees and/or clients to minimizing downtime, cloud technology is there to put your business on the path to success. 

Let’s move on to understand how cloud computing can ensure higher productivity at work.

1. It Facilitates Collaboration Amongst Employees

Have you ever come across situations where any client-related accounting task got delayed because of the lack of collaboration between CPAs? In the traditional office environment, this routinely happens because accounting professionals have to work on multiple versions of the same account file, share them via emails, and make calculations for billing and taxes. 

By switching to cloud technology, your employees can collaborate on the same files in real-time. It eliminates the need for the sharing of files. Also, they can save the accounting data files over the cloud. You can think of cloud hosting as a collaboration technology.

2. It Supports BYOD Practice at Work

A significant proportion of companies worldwide now facilitate their employees to access work files on personal computers or smartphones. Especially for time-critical tasks, business owners cannot afford to wait until the next working day. 

Cloud technology helps deal with such situations at work by supporting the ‘Bring Your Own Device’ work-trend. It means you can allow the employees to be more responsive towards work by giving them authorized access to cloud-hosted business applications and data. This benefit of the cloud is highly essential for time-critical accounting tasks.

3. It Helps Optimize In-House IT Infrastructure

When you want the accountants to use different applications, you need to carefully invest in in-house IT infrastructure. Next to its establishment comes the need for regular upgrades and maintenance. For these tasks, you hire IT staff and ensure smooth operations. For a small accounting firm, the investment is significant. 

Cloud transition gives them the best of both worlds. They can host business applications on third-party cloud servers without the need to invest a significant amount in local infrastructure. Cloud hosting implies cost-savings for your accounting business. 

4. It is Easily Scalable 

The workload does not stay the same for CPAs throughout the year. In technical terms, handling multiple clients requires more IT resources. Installing them in the in-house environment means considerable investment for changing business needs. 

With cloud hosting, you can have better control over such expenses. Cloud resources are easily scalable. You pay only for the resources you use. If the need arises, you can call your hosting provider to add more virtual RAM or storage to your hosting plan for a specific period. 

5. It is Compatible with Different Accounting Software

Most of the accounting firms have licensed versions of accounting applications installed on local systems. The choice of these applications can be based on the benefits and preferences of accounting firm owners. One reason behind the loss of productivity at these firms is that they use multiple software, which may become difficult for employees to deal with.

With cloud hosting, you can host any accounting software of your choice on the remote servers. Whether you use QuickBooks or Sage software, you can connect with a cloud service provider to host them on the cloud for easy access and compatibility. Most of these cloud servers are configured so that they are compatible with different versions of all the accounting software.

6. It Helps Reduce Server Downtime Due to IT Issues

In-house servers may face downtime due to technical issues, which take a lot of time to resolve. The impact of this downtime is based on the dependency of a business on these servers. For instance, if you have QuickBooks installed on the local devices, any device-oriented problem like hardware malfunction may cause all your team members to sit idle until the issue is resolved.

You can easily avoid such situations by relying on cloud hosting services. Renowned service providers invest in dedicated teams to ensure their clients’ cloud-hosted data and applications are always accessible. Minimum downtime prevents loss of employee productivity.

Is Cloud Hosting Useful for Your Accounting Firm?

Given the increasing adoption of cloud technology worldwide, businesses across diverse sectors are ‘moving to the cloud.’ Before you plan the same for your business, you must understand what cloud hosting is and how it can benefit your business in the long run. With adequate information about cloud advantages, you can better decide how it will be useful for your accounting business.

About Verito Technologies

Verito Technologies provides fully-managed, turn-key cloud hosting solutions for all size companies. We host your favorite tax/accounting software on a dedicated cloud server backed by enterprise-grade security that is SOC2, PCI DSS, SSAE compliant, and our strategically located data centers offer a 99.99% uptime guarantee. Automated backups and a 24/7 support team provide complete peace of mind.

CategoriesAccounting Software

Not Sure If You’re Using the Right Accounting Software? Check This

Accounting is highly competitive, and those who work in it need to stay updated about the latest trends. Just having the right skills and experience is no longer enough in the rapidly transforming software and cloud-technology world. Accounting software plays a significant role in making CPAs, and accounting firms stand out amongst the top competition.

Globally, the accounting software market is expected to reach $117 million by 2026, says the statistics. Interestingly, 90% of accountants feel the cultural shift in their field towards technological adoption. 

Suppose you want to keep track of your business expenses and analyze finances better. In that case, you need a specific type of accounting software that can help you do daily accounting tasks with greater efficiency and provide insightful reports about your business’s financial health. 

There are many accounting software in the market. It is crucial to know which one is most suitable for your business. You might be using software that does not sync with your business needs. If you want to utilize the power of accounting software hosting, the right selection of accounting software matters in the long run.

Wondering how to choose accounting software for the best results? Here is what you need to know:

  1. Ease of Utility

Many accounting firms pick software that is new to the market, and professionals do not know much about them. Such accounting solutions leave their staff clueless as they are unable to understand how to use them efficiently. If this has happened to you, you realize how difficult it becomes to refer to the software manual for each task. 

So, first and foremost, look for the ease of utility while selecting accounting software for your business. If your team is comfortable using QuickBooks or Sage application, there is no need to search for any other software. This will help prevent productivity lags that may arise because of a complicated software selection that your employees are not familiar with.

It would be best to ensure your team gets the required training to use the software beforehand. 

2. Business-Oriented Software Features

This is one of the most crucial factors you should consider while selecting accounting software. Just because the newest software has all the bells and whistles does not make it the best software for your business. You need the one that can automate the crucial tasks your team performs regularly. Selecting accounting software with a hundred features out of which you only use four or five is not a wise decision.

One way to approach accounting software selection is to make a checklist of tasks/features you look for. Whether it is payroll management, ledger, accounts receivable/payable, and inventory, add them all to the checklist. Look for specific features that your business needs in the future.

3. Cloud Compatibility

Another prominent aspect you should consider is the ease of cloud adoption with any accounting software. The utility of software does not end at getting its licensed copy installed on a local computer system. Desktop-hosted accounting applications are limited in their functional value to some extent, such as scalability or data storage limitations.

The best part is – you can easily overcome these limitations with cloud-hosted accounting software. You will enjoy the benefits of cloud technology, such as remote software access, better team collaboration, elimination of time-consuming, redundant tasks, and data security, to name a few. 

Before making the transition to the cloud, you should check if the chosen software is cloud-compatible or not. 

4. Customer Support Services

This is something that most accounting firms consider with the least priority. No matter how smooth and refined the software interface is, you or your team member will certainly need assistance accessing certain features. This mainly happens when you are new to using the software. You would want some product-related professional to guide you in such needs. It is where the quality of customer support plays a vital role. 

You may find some software that does not provide adequate support services. It would be best to think twice before buying. Instead, look for the accounting software with quick support when you need it the most. 

5. Pricing

Finally, software pricing is an essential factor that you need to consider while selecting the best accounting software for your business. Some software is available in licensed formats with a one-time fee, while others ask for pricing based on the number of users. You may also find SaaS-based products in the market, each with different pricing structures.

Selecting accounting software at a specific price should be based on the feature-checklist, as defined above. The more software features you can access at a lower cost, the better. Comparing different software using this checklist will also give you a good idea of pricing. It would help if you set the budget for accounting software carefully after thorough research.

Selecting a suitable accounting software is a crucial task, and it should not be done in a frenzy. You must invest your time and effort to dig deeper into the software features to check what works for you. 

About Verito Technologies

Verito Technologies provides fully-managed, turn-key cloud hosting solutions for all size companies. We host your favorite tax/accounting software on a dedicated cloud server backed by enterprise-grade security that is SOC2, PCI DSS, SSAE compliant, and our strategically located data centers offer a 99.99% uptime guarantee. Automated backups and a 24/7 support team provide complete peace of mind.