Moving Accounting to the Cloud

Welcome Networks

http://www.welcomenetworks.com/

BUSINESSES AND CPAS NEED CLOUD-BASED ACCOUNTING TOOLS

In the present time Businesses and CPAs need cloud-based accounting tools to combat shrinking experienced labor pool and increasing workloads.

BUSINESSES AND CPAS NEED CLOUD-BASED ACCOUNTING TOOLS

In 2013, 23% of accountants and 14% of SME owners are using the cloud

(Source: CCH Group)

14% 23%

BUSINESSES AND CPAS NEED CLOUD-BASED ACCOUNTING TOOLS

By 2016, 50% of all accountants and SMEs will be using cloud based accounting methods. (Source: International Data Association)

By 2016, most new IT spending will be for cloud and cloud applications, with half of all enterprises using cloud technologies by 2017.

(Source: Gartner Group)

Reasons for moving to the cloud

Anytime/anywhere easy access to your financial data

Increased Security

Better employee oversight and monitoring

Increased visibility equals improved company performanceIT savings

- Everyone uses the same version continuously updated software- Automatic secure backups and regulatory compliance

Cost saving and profit boosts for CPAs

Serve clients faster and smarter, anywhere in real time

Mobile access to financial data via tablets & smartphones

New revenue from value-add services

Reduced costs for offsite storage and backups

Reduced capital expenses for servers, tape drives etc

Thank You

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