The QuickBooks software, developed and marketed by Intuit, is by far the most admired and preferred accounting software among all types of accounting professionals and newbies. Whether you are a CPA working for long hours on your books or a bookkeeper, QuickBooks can make your account management look very easy.
From all other benefits of a business solution, the power to access it from anywhere is the most vital one and therefore most of the people go for the QuickBooks hosting solution rather than installing it on their desktop.
The QuickBooks on the cloud is also a perfect solution for new businesses as well as this cloud accounting solution has been specially designed to fit the accounting needs of small businesses. Accounting is one of the most important parts of any business and therefore new business shouldn’t ignore this vital business mechanism.
In order to make the accounting department function properly, the new business must go for the QuickBooks hosting solution by choosing the best QuickBooks hosting provider from the market.
So, in this blog post, we will be looking at why QuickBooks hosting should be a vital part of your new business.
Stay away from the cyberattacks
The increasing number of cyberattacks has put a major concern regarding the safety of business data, especially financial data. According to the reports published by Accenture, there are more than 130 large scale businesses which are targeted in U.S alone, every year and the number is increasing every year.
But you shouldn’t get misguided by the above data as small businesses are also a big part of the cyberattacks, especially because their data are less secure and they can be targeted easily. So, for a hacker, only the business data and money matters, not the size of the company.
One of the best ways to keep yourself away from becoming a victim of the cyberattacks and other threats is to go for the QuickBooks hosting solution. The cloud is the most secure place for your data since most of the businesses from large to small, prefer the cloud storage over any other medium.
So, if you really care for your financial data and want to keep it secured, then go for the QB on the cloud rather than storing your data on your desktop or any other traditional method of storage.
Because it’s not a money-guzzler
What’s the biggest problem which most of the new businesses face? Competition from local players? Lack of experience? Building a team? No, the biggest problem which most of the new businesses face is the lack of money.
Starting and managing a new business is not everyone’s cup of tea as it requires relentless hard work, patience, multi-tasking and most importantly, the ability to manage everything in a limited budget.
With being always low on budget and always having more on their plate, small business owners can’t go on picking every business solution as it can exhaust their future budget for the business as well.
Therefore, the only option with which small businesses are left with is to make smart decisions when it comes to business solution and one such smart decision is QuickBooks hosting.
It doesn’t matter how low you are on your business budget, the QuickBooks hosting can fit into your business very easily. The price of QB license is quite low and even the hosting solution offered by cloud providers is also surprisingly cheap.
Forget about the downtime
According to the reports of Ireland based IT solution company, ERS IT Solution, on an average, the IT downtime costs $1.55 million every year. Looks surprising? But that’s the actual fact.
You might not be noticing or even considering the regular downtime, which your business is facing on a daily basis but such downtime can cost you ahuge amount of money if it continues for a long period of time. Human errors, security errors, system failure, hard disk crashing, instability of system hardware, outdated hardware are some of the most common causes of downtime.
In addition to affecting the profit of your company, the downtime also hampers the continuity of your business and the productivity of your employees. So, in such situations, you should go for a solution which gives you maximum uptime and one such solution is the QuickBooks hosting which promises 99.99% of high uptime.
Yes, you read it right. With QuickBooks hosting, you get 99.99% of high uptime. It will help you to be always available for your customer and the continuity of your business will also be maintained.
Use your books from everywhere
In the traditional method of accounting, you are able to work on your books only if you are in your office, sitting in front of your computer on which the QuickBooks has been manually installed. But in today’s world, having such type of restrictions can cause serious damage to your business.
With such restrictions, you will not be even able to manage your outsourced employees as they will have no direct access to your books and each one will be working differently or waiting for others to finish their work.
But that is not the case with QuickBooks hosting as it gives you the power to access your books from anywhere on the globe. Just take out your device which has a stable internet connection, enter your login credentials and you are ready to work on your QB software while even relaxing on the Miami Beach under the bright sunlight.
So if you have started a new business, or planning to start a new business, you should never miss out on QuickBooks hosting because it can give your business the wings to fly high in the tough race of competition. Without a powerful accounting solution like QuickBooks hosting, you might not be able to manage your accounts well and you also may not be able to give yourself the required flexibility with the management of the books.