We would say that Cloud Accounting is actually more safe than the way most companies currently keep their accounting data. Not only is the data on the cloud servers encrypt but the data is also stored in multiple locations as a backup. You can rest assured that the cloud accounting platform providers take security very seriously and your data is safe.

‘The cloud’ is just a term used to refer to software and services that are run on the Internet, instead of locally on your physical device. Cloud services are usually accessed either through an internet browser or through a specially made app. You probably already use cloud software. Google Drive, Netflix and Dropbox are all examples of cloud technology.

Most cloud accounting software come with the basics such as security, bank feeds, etc. The choice of which platform will depend on various factors. Speak with our consultants to figure out which one would be the best fit for your organization.