QuickBooks Desktop on the Cloud in 2023: Why Does It Matter?

QuickBooks Desktop on the Cloud - Verito Technologies

Do you remember when the term “cloud” sounded like something only related to weather? However, things have changed in the last few years, and cloud technology has taken the world by storm. It has transformed the way we live, work, and play. Since we are already halfway through 2023, it’s time to take a closer look at this digital revolution and explore how things have changed.

According to recent statistics, the adoption of cloud computing skyrocketed and showed no signs of slowing down. Statistics revealed that the global public cloud market is projected to reach a staggering $525.60 billion in 2023 (Source). These numbers speak volumes about the trust and confidence businesses and individuals have placed in the cloud.

But what’s driving the immense parallel growth among QuickBooks desktop users? One significant factor is the incredible scalability and flexibility offered by this technology. Gone are the days when organizations had to invest in costly infrastructure and spend precious time managing hardware. Instead, with cloud solutions, businesses can focus on innovation while the cloud service providers handle the heavy lifting.

As you delve deeper into cloud technology, you must understand why switching to QuickBooks desktop on the cloud this year makes sense (if you haven’t yet done that). Doing this matters because:

  • You want enhanced productivity at work

As an accounting professional, you’re a busy bee buzzing around, juggling multiple tasks at work. You’ve got spreadsheets to fill, invoices to send, and financial reports to analyze. It’s like trying to herd rowdy kittens while balancing on a unicycle. This is where you use QuickBooks as your trusty sidekick, helping you navigate the treacherous waters of bookkeeping and accounting. While there is nothing wrong with using this sidekick this way, you can give it a turbo boost by hosting it on the cloud.

When you host QuickBooks desktop on the cloud, it becomes a superhero version of itself. All your financial data, from invoices to expense records, is securely stored in the cloud and accessible from anywhere, anytime. As a result, you can soar through your work, whether at home, on a beach vacation, or even in a coffee shop sipping your favorite latte.

Also, collaborating with your team becomes a breeze with cloud-hosted QuickBooks. You can effortlessly share access to financial data and allow multiple users to work on it simultaneously. It’s like having a virtual office where everyone is on the same page, working together towards a common goal.

  • You want more robust data security

When you handle the sensitive data of different clients, you would ideally want to guard it with your life. However, there’s always that nagging fear of losing the data when it is hosted locally, whether because of accidental mishandling or unauthorized data breach. That’s where cloud-hosted QuickBooks can save the day, protecting your valuable financial data.

When you host a QuickBooks desktop on the cloud, it’s like having an impregnable wall for sensitive financial information. Think of your data being locked tight in a virtual safe, accessible only to authorized users. This means no more worrying about physical theft or misplacing essential files amidst stacks of paperwork.

The cloud adds an extra layer of security to your QuickBooks data. It’s like having a state-of-the-art security system with surveillance cameras, motion sensors, and highly trained guards watching your valuable assets. Your data will also be encrypted and virtually indecipherable to anyone trying to pry into your financial secrets.

Moreover, cloud service providers have dedicated teams of cybersecurity experts whose sole mission is to keep your data safe. They employ cutting-edge technologies, constant monitoring, and proactive measures to defend against cyber threats.

Interesting Read: How to Avoid Top Cybersecurity Threats When Working on the Cloud

  • You want to save on the costs involved.

Think of QuickBooks on the cloud as the budget-savvy alternative to local-hosted QuickBooks. Like an intelligent shopper compares prices and hunts for discounts, hosting QuickBooks on the cloud helps you trim costs in various ways. Let us break it down for you.

First, when you embrace cloud technology, you can bid farewell to the hefty upfront costs of purchasing and maintaining servers and other hardware. With cloud-hosted QuickBooks, you only pay a subscription fee – monthly or annual, saving you from the burden of investing a significant amount upfront.

Moreover, the cloud eliminates the need for dedicated IT personnel to manage and maintain your infrastructure. Instead, the cloud service provider takes care of server maintenance, security updates, and backups, freeing up your resources to focus on your core business.

As you can see here, hosting QuickBooks desktop on the cloud has several advantages for your business needs. If you need further assistance in knowing about QuickBooks hosting plans, call us at 1855-583-7486.

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