With the progression in the accounting domain, more and more SMBs are opting for QuickBooks hosting to accelerate their business growth. Where cloud technology utilizes cost-effective, lightning-fast, and innovative ways to deal with business solutions, a majority of the task is assisted by QuickBooks. In fact, more than 20 million customers including CPAs, accountants, auditors, and bookkeepers prefer the use of QuickBooks as it helps to streamline the accounting processes.
So, here are a few important aspects that will help you get a clearer idea of why QuickBooks hosting is ranking high in the accounting market.
1) Augmented Collaboration
A closer observation shows that a majority of company operations highlights a positive effect because of QuickBooks hosting. In fact, Forbes agrees to this statement in addition to the 74%+ Chief Financial Officers (tech), who find this technology to be a leveraging factor in business growth.
- Hosting QuickBooks on the cloud helps to improve collaboration with your accounting teams and smoothen the operations.
- It not only increases the number of partners and clients but also offers you to have stronger control over your data.
- The multi-user access facility improves productivity that comes without any downtime or delay.
- As QuickBooks hosting works on the digital platform, people can work together, and send back and forth files without the restriction of location or time. The work gets done in real-time without risking the security aspects.
2) Outstanding Security
There are four important challenges related to cybersecurity that CSA (Cloud Security Alliance) always highlights and tries to make aware of:
- Protection measures not restructured with regular and frequent updates (35%)
- Inculcating security policies (35%)
- Infrastructure security (43%)
- Data Visibility into compliance (43%)
*percentages are of approximate values.
With noteworthy QuickBooks host, you can be assured of the unparalleled data security in the form of:
- Strong password policy
- Two-factor authentication
- Data encryption
- The two-factor authentication ensures extra protection in the form of an added security layer.
- Added to that, to keep your information safe and useless for the cybercriminals, data encryption acts as a savior in disguise.
- Moreover, the bank-level security that the QuickBooks hosting platform offers you guaranteed 360° protection to your digital environment.
- HIPAA compliant and latest SSAE-16 (SOC-1/SOC-2) certification for data centers are also counted as added security measures.
3) Payment Building and Bill Tracking
If you avail of a lightning-fast service, your business is bound to grow and expand. Hosting QuickBooks gives you that benefit by helping you keep tabs on your vendors via all unsettled bills from their sides. This ensures that all of your payments are made on time, that too, with the assistance of cheques or the online bill payment method. With its help, your account owed balance remains updated. The results are:
- Productivity is maximized
- Unnecessary information is reduced
4) Income Control
As per a report, 77% of small and medium-sized businesses related to accounting are dependent on monetization from their savings. Added to this, nearly 82% of startup costs are funded by personal acquaintances.
Where money is a major factor to fund and run an enterprise, shelling out an excessive amount for software and expensive domains can be a hindrance. However, QuickBooks is an excellent tool that helps you to constantly monitor your daily business transaction.
Added to that, certain QuickBooks-hosting service providers offer charges as low as $33 per user on a monthly basis. These types of pricing structures ensure that even if you have a small or medium-sized business to run and your budget is watertight, you can still opt for excellent services from hosting for QuickBooks.
Read: Why Your Business Needs QuickBooks Hosting in 2020?
5) Amazing Technical Support
If you see the accounting market share in the USA, a majority of accounts related individuals prefer the use of QuickBooks over any other accounting tools. Similarly, hosted QuickBooks service companies also offer excellent service provisions to people who are using or are thinking to shift to the virtual QuickBooks platform. The provisions offered include:
- 99.999% uptime
- Round the clock customer support
- Quick and easy resolution provision
- Fast up-gradation process
- Hassle-free migration from system to hosting platform
- Advice on a better version of QuickBooks that is hosted on the same server
With a plethora of advantages and reasons for its name, it would be a shame not to go for the best accounting solution of 2020 – QuickBooks Hosting. Remember, you not only are purchasing the hosting service of QuickBooks, you are gifting your business a bundle of advantages that can take your firm to new heights.