QuickBooks Hosting services are part of the emerging cloud computing phenomenon, wherein users subscribe to a particular service as a complete package, which implies that the complete infrastructure where the application is installed and run is managed by the service provider. The ease of availing services without the need for corresponding local infrastructure has ensured that cloud computing is pervading almost every domain of industry and business, including accounting and financial management. The reason is twofold. On the one hand , they minimize the IT infrastructure on the user’s end and on the other, the initial investment on the IT infrastructure may be, over a period of time, much more than the monthly user charge, one pays for the cloud hosting service. On the top of it, data security on terminal server, on which application such as QuickBooks is hosted, is much more than compared with the local network.
QuickBooks, used for carrying on accounting and financial management for small and medium business in easy and most productive way. But going for QuickBooks hosting on terminal servers can multiply the benefits that small and medium business and CPA s get out of QuickBooks.
• Ease of access: QuickBooks Hosting allow access to the QuickBooks program from anytime anywhere. The flexibility of access from home, office or clients side make QuickBooks hosting attractive for CPA s who have to meet their clients individually to make changes to QuickBooks files. This feature, when combined with Multi-user access really makes QuickBooks Hosting a productivity enhancing tool. CPAs, their staff as well as their clients can now access the files and work on them simultaneously. So the gain for CPA: more clients, more business and increased efficiency.
• Data security: normally, local data backup is less secure than online data backup. Automatic Data backup and enhanced security is strongest feature of QuickBooks hosting. Multiple backups and coupled with that online data protection tools such as firewalls, encrypted data transfer and access as well as password protected access make QuickBooks Hosting a lucrative and safe option for CPAs.
• Prices: Besides QuickBooks licenses CPAs as well as their clients have to invest in Local IT infrastructure for backup, maintenance and data security. More than that this investment is of recurrent nature. This can be avoided if CPAs go for QuickBooks Hosting service. Application is installed and run on terminal servers coming with full backup as well as 24x7 supports. All that is required is monthly user charges which can be as low as $29 /user / month.
• Add- ons: there are add-ons available in QuickBooks marketplace which can be integrated with the QuickBooks program so that the data available in QuickBooks can be used for specific industry specific requirement, through these add ons. The idea is to use the data once input for many other purpose. QuickBooks hosting makes hosting of QuickBooks together with add ons possible in a more secure manner.
• 24x7 support: technical support and troubleshooting comes free with QuickBooks hosting. Highly experienced and certified technical support, available anytime not only saves time but also cost involved if one goes a locally managed technical team. Result is more productivity at low cost.
The other benefits are also worth considering. CPAs get the flexibility to host more users at no extra cost except the user charges and QuickBooks license. No local level changes required in the IT infrastructure. And QuickBooks hosting comes with no long term commitment. Users always have the option to backup all their data as well as to print them. Even while migrating to other QuickBooks ASP data remain secure.
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