The cloud is…..the internet! Data is stored online rather than on your computer or server. It is no different to other programs you access online, such as your online banking.
Cloud accounting services are based on a monthly subscription service, rather than a large upfront fee for a product license. No licenses are necessary!
The cloud is can never be 100% secure, however the general consensus is that cloud is most circumstances may be more secure than your own computer or server because of the high levels of protection the cloud providers apply to their servers.
Xero is simply... beautiful accounting software! Xero allows you to see your cashflow in real-time with online accounting, invoicing, billing and banking. Because Xero is online you can log in anytime, anywhere. Xero allows for daily bank feeds so your bank transactions automatically import, and with Xero’s data recognition software, it will start to code your bank transactions for you.
Take a couple of minutes to watch the following video.
Contact us today so we can show you how to make the simple switch.