Why is Hosting Drake Software on Cloud the Perfect Choice for Your Business?

Why is Hosting Drake Software on Cloud the Perfect Choice for Your Business - Verito Technologies

When you prepare and file taxes for your clients, you want the utmost accuracy paired with an efficient tax-filing process. Although it sounds like a rare combination, you can make it a reality by using Drake tax software. Drake is highly preferred by CPAs, accounting firms, and small businesses as a professional tax management solution. It helps them process tax returns faster, enabling them to avoid unexpected tax-related challenges. 


As per facts, more than 64,000 tax professionals nationwide use Drake tax software at work. This powerful software handles more than 33 million tax returns. However, the software has its limitations when accessed in a local-hosted environment.


As a solution, you can switch to Drake tax software hosting, which offers even more benefits for your business. 


New to using any tax software on the cloud? Here’s why you should host your Drake software on a cloud server:

  • Remote Access Benefits


Make a list of work-related things that you can access only via your computer system installed in your office. If this list includes Drake tax software, you must have thought of a way to make it accessible remotely. All those last-minute client calls for changes in tax returns often make it difficult for tax professionals like you to manage work efficiently. 


Surprisingly, you can have a solution by your side for such urgent needs – Drake tax hosting. 


By hosting Drake tax software on the cloud, you and your team can access the application anywhere, anytime. Earlier, working from home seemed like a daunting task to many professionals. However, now that remote work has become the new normal, it is imperative that you choose the right solution to access Drake software remotely. 


With Drake tax software hosting, you will not be tied to a specific place or location to get the work done. As a result, you get the much-needed flexibility to work at your convenience and enjoy more freedom. This is what you might be looking for to maintain a work-life balance. 

  • Higher Level of Security for Your Data


Maintaining the security of the accounting and tax-related data of your clients is your responsibility. In many cases, just storing it on your computer in a hidden location does not suffice and may cause data breaches. It is where the need for advanced security methods is highly felt. While you can choose to invest in available data security tools in-house, there is a better alternative you can go with – Drake tax software hosting. 

You might be wondering if the cloud-hosted data will be safe and out of reach of cybercriminals. The truth is – the cloud hosting provider you hire will take care of the security measures to be deployed to keep your data safe. Whether it is about monitoring any hacking attempts, implementing firewalls, or setting up multi-factor authentication, every aspect will be covered by experts in the industry. 


Since the Drake software and data will be under the strict surveillance of the cloud solution provider, the level of security is much higher than traditional systems. Remember that the key to increased security of the software hosted on the cloud is your willingness to switch to the cloud-hosted environment.


Recommended Read: 5 Ways to Manage Cybersecurity Risks for a CPA Firm

  • Pay-Per-Use Benefits


Setting up a secure IT environment at your office means investing a significant amount in local server installation, network maintenance, security tools, and hiring IT professionals for regular upkeep. If you have recently begun your business, spending a considerable amount on such needs might not be feasible. However, neither can you ignore the security side of your client’s data till the time you can afford to pay for in-house data security. 


Drake tax software on the cloud can be your best bet in minimizing the operational costs related to your business. You can save a tremendous amount of money by selecting the most suitable Drake hosting plan. This way, you will only pay for the IT resources you use as covered in your hosting plan. 


Depending on your business needs, you can customize the hosting plan to scale the resources up or down and then pay accordingly.


Cloud technology perfectly fits the need for data security in a small business setup. So why haven’t you hired a cloud service provider for Drake tax hosting yet? Call us today at 1-855-583-7486.

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