7 Reasons To Upgrade Your Accounts To The Cloud

There’s a seismic shift occurring in the world of IT right now. Countless businesses are going to move over to the cloud – in fact, by the end of this year it is predicted to 90% of all SME’s will have embraced cloud working and moved into a more flexible, connected digital environment.

With recent advances in cloud technology and huge investments from cloud service providers, there’s never been a better time to make the switch – and when it comes to accounting software the list of benefits for working in the cloud seems to grow longer each day.

We spoke to Rachelle Gray, Cloud Accounting and Pegasus Software expert here at The HBP Group to get her thoughts on the top reasons for upgrading an accounts package to the cloud.

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1. Security

“Believe it or not, accessing data in the cloud is far safer than accessing your data on premise. Cloud providers invest in the strictest physical and digital security processes – more than any business can usually afford in-house! Plus, by accessing data online you’re eliminating the risk of storing sensitive information on your device which could later become openly accessible to anyone and everyone if it’s lost or stolen.”

2. Flexibility

“One of the biggest benefits of the cloud is the flexibility it brings. You’re no longer tied to your desk and you can access your data wherever you are at the click of a button, as long as you have an internet connection. It’s the ideal solution for businesses that are constantly on the go.”

3. Savings

“Moving to the cloud can actually bring you a whole range of savings; you don’t need to pay large fees upfront for software, or pay for users that you don’t know if you’ll need a year or so down the line and you’ll never need to invest in that costly hardware setup/maintenance.
Cloud-based software is scalable and can easily be upgraded as and when you need. Software and security upgrades can also be managed easily by the server provider so you won’t have to experience any lengthy downtimes or deal with the inconvenience of having to run them yourself.”

4. Routine back-ups

“Back-ups are done routinely as a matter of course, reducing your risk of data loss from human errors and system failures. It’s a big job that gets passed over to someone else, freeing up your time so you can focus on running your business. And in the long run, it could just save you from a real disaster!”

5. Real-time information

“To run your business efficiently it’s important you have accurate information at your fingertips when you need it. Cloud technology gives you exactly that, real-time information at the click of a button so you can make smarter business decisions, even when you’re away from your desk.”

6. Keep up with the competition

“The market is changing at a fast pace and even if you aren’t moving with the times then your competitors are. Can you really afford not to adopt cloud-based accounting software?”

7. Free up your hard-drive

“With cloud technology, everything is stored online so you don’t actually need to install any software onto your system, this frees up huge amounts of space on your machines for everything else you need to run your business.

If your business is looking to increase productivity, efficiency and flexibility then a move to cloud-based software could be what you need. To find out more information contact us here.

Contact 0800 0433 106 info@thehbpgroup.co.uk