Cloud accounting is a real buzz word in the financial environments today but some Cloud Accounting Singapore may still have some questions regarding this new technology and so let’s address these issues.
What is Cloud Accounting Software?
Cloud accounting software is accounting software that is stored on website hosts and is available via the internet on your browser, whether this be on your PC, phone or tablet.
What are the advantages?
- Always available – you don’t need to be in your office to access financial information
- Take the storage demands off your computer – offline accounting packages need large amounts of computer space, cloud solutions don’t require any.
- Secure – if anything happens at your office your information is still safe
- Efficient – a number of features have been built into these software systems that make processing your books far quicker and easier.