Posted by Jonathan Crowell
While traditionalists may have concerns about the “cloud,” there are many benefits to running your software and services on the Internet instead of locally on your computer. If you are uncertain of its advantages, rest assured that this is 2016, and cloud accounting is the way to go.
While traditionalists may have concerns about the “cloud,” there are many benefits to running your software and services on the Internet instead of locally on your computer. If you are uncertain of its advantages, rest assured that this is 2016, and cloud accounting is the way to go.
What are the benefits of cloud accounting?
Compared to legacy systems and on premise solutions, cloud accounting software has a lower Total Cost of Ownership (TCO). The software is housed at a Data Center, meaning there is no hardware required on site to run the application. So, no additional investment in back-ups and no need to install software on your own servers. Furthermore, you have a lower dependency on IT staff.
Since you aren’t maintaining hardware you can either allocate IT resources elsewhere or eliminate headcount altogether. As a leader in cloud accounting, Intacct has a lower TCO by delivering the aforementioned qualities, but also through providing a best of breed approach. You only purchase the modules you need to run your business.
Updating your on premise solution can be a costly and laborious process. Intacct automatically updates quarterly and it is included in your subscription pricing so there are no additional fees to keep your software current. All of this, plus sizable database storage options, make Intacct scalable to your company. As you grow, so will Intacct.
Since you aren’t maintaining hardware you can either allocate IT resources elsewhere or eliminate headcount altogether. As a leader in cloud accounting, Intacct has a lower TCO by delivering the aforementioned qualities, but also through providing a best of breed approach. You only purchase the modules you need to run your business.
Updating your on premise solution can be a costly and laborious process. Intacct automatically updates quarterly and it is included in your subscription pricing so there are no additional fees to keep your software current. All of this, plus sizable database storage options, make Intacct scalable to your company. As you grow, so will Intacct.
What about security?
The biggest fears most executives have when it comes to the cloud, is stability and security. These areas happen to be strengths of Intacct. As a pure cloud solution – created on the web and connected to multiple backbones with ample bandwidth – AND built on the Oracle Database, Intacct boasts a 99.99% uptime. This is the highest in the industry. World class CenturyLink hosting centers house your data providing 24/7/365(6) staffing by highly trained IT professionals. Full nightly back-ups with rollback capability to the minute provide disaster recovery in case of catastrophic events. The secondary data center, the back-up center, is also located in a different geographic location than the primary data center. This prevents escalated risks while allowing Intacct to claim return to service in less than 24 hours and no more than 2 hours of data lost. To further reinforce security, every Data Record has a Tenant ID as part of an Intrusion Detection System. Two-step verification and password complexity ensure that only your staff have access to your information.
On top of costing you less over the life of the software and being more secure and stable than most on premise solutions, your organization will become more productive using Intacct. Streamlined workflows make for less manual processes, and more time spent on important activities. Having been built on the web means it’s accessible anywhere there’s Internet and being supported on all major browsers provides availability across multiple devices. With Intacct, your finance team can better perform by taking advantage of cloud accounting.
On top of costing you less over the life of the software and being more secure and stable than most on premise solutions, your organization will become more productive using Intacct. Streamlined workflows make for less manual processes, and more time spent on important activities. Having been built on the web means it’s accessible anywhere there’s Internet and being supported on all major browsers provides availability across multiple devices. With Intacct, your finance team can better perform by taking advantage of cloud accounting.
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