Businesses cannot compromise on accounting solutions. Accounting is the basic necessity of every business running on the globe. It is what ensures that the finances of a business are in shape and allows owners to decide as per the financial status of the company.
There are several software solutions available to solve the problem. Tally, Quicken and QuickBooks are some of the leading solutions. However, QuickBooks Cloud is the best option by a large distance. Developed by Intuit, it is the leading accounting software used by businesses and professionals that is increasingly being adopted across the globe.
Efficient cloud technology utilization
Cloud technology enables multi-user access with a high uptime guarantee. More importantly, it is highly cost-effective and economical. There are different plans available which give you the flexibility to choose the right option to meet your requirements. There are several economical plans available to choose from when you have to opt for one that matches your needs.
There are many accounting software that are affordable but end up compromising on performance and functionality. QuickBooks on the cloud is a viable alternative to expensive software as it is based on the pay-as-you-go pricing desktop as a service model. Businesses, including startups, can't perform their daily operations without the assistance of an accounting software especially when there are several transactions to be managed and monitored.
Yet, many startups are discouraged from implementing good software to handle such tasks due to the prohibitive costs. You shouldn't have to go bankrupt to procure competent software for managing your accounting needs. QuickBooks hosting allows businesses the flexibility to plan their budget over a longer duration thereby preserving their capital for a longer duration.
Preserves user experience
There are many accounting programs like QuickBooks Online that use the web interface for operations. There are many disadvantages of using a web browser for accessing confidential transactional data. The most obvious disadvantage is a compromise on the user experience as not all the features available on the desktop application will be available on the web version.
Some users might even be wary of their data security while accessing financial data with a web browser they use for other purposes as well. The cloud-based QuickBooks software is a desktop version with the same features as the trusted QuickBooks Desktop. It comes with all the bells and whistles as the full version and is much more scalable at the same time.
How to select the right QuickBooks hosting provider
QuickBooks hosting is certainly the way forward for small and medium businesses to progress. The caveat here lies in the fact that user experience varies significantly with different hosting service providers and QuickBooks plans. For example, a QuickBooks Enterprise comparison with QuickBooks Pro reveals that the former has several more features like inventory management.
It is recommended to opt for an Intuit Authorized Hosting Service Provider as these vendors have demonstrated their capabilities in managing the diverse requirements of clients. This includes their ability to secure client data and provide 24/7 technical support in resolving various issues pertaining to installations, errors, data management, and other aspects via different media like phone, chat, and email. These are the broad guidelines you should follow while choosing a QuickBooks hosting provider.