Whether its Quickbooks, Sage, Xero or one of the many other internet based accounting products, Thomas Westcott’s software specialists are able to assist you with all of your Cloud Accounting needs. We pride ourselves on finding the right product for our clients and then building our service around it.
‘The Cloud’ is heard a lot these days but what is the cloud? And how can it benefit your business?
In this article our experienced Software Specialist team provide the answers
What is cloud accounting?
Very simply, it’s accessing accounting software and data via the internet rather than your computer’s hard drive.
In recent years there has been a shift from desktop accounts software to cloud based systems.
We have kept a key eye on software development and in our opinion Cloud software is now developed enough to provide benefits to all businesses.
What are the benefits of working in the cloud?
We consider the key benefits to business to be:
“Anytime, anywhere, on any device” how true is that?
100% accurate - as long as you can access the internet then you can access your businesses financial records.
Because the data does not sit on a computer, not having your laptop or PC available is not a problem. This is also the most exciting part for us because we will also be able to access this information remotely and improve our level of support to you.
What is meant by real-time?
A key feature is the ‘bank feed’ which has been designed to ensure your bank records are always up to date. By combining bank feeds with improved accessibility the accounting information will be updated faster (i.e. real-time).
What benefits are there over a normal desktop package?
Because the software is in the cloud, your accountancy information can be accessed from any internet enabled device. Extra good news for those of you with Apple Mac’s!
Practically it means no more backing up and restoring of data, you can have more than one person accessing and editing the data without the cost of setting up network connections.
In addition, most packages have been written with an accountant link to allow us to access your data in real time – the benefits of this we explain later.
Why is this of benefit?
Changes to the hardware requires no reinstallation of software which will save time and avoids the historic data corruption risk. As you will always be working on the latest version you will always be able to access the latest features and you can be safe in the knowledge that your product will remain supported.
My PC backs up automatically anyway, how is this different?
There are several ways to backup traditionally, onto a hard-drive, external hard-drive, memory stick, CD or using an internet storage account. Backing up in the cloud ensures the data is held automatically in more than one location and because these will be ‘off-site’ the risk of loss due to catastrophe are reduced.
What makes Thomas Westcott unique?
There is no one size fits all solution, but at Thomas Westcott we can offer an integrated accounting software solution tailored to fit your business needs. We will help choose the right solution for your business and guide you through the process until you and your staff are fully up and running with the solution. We’ll even provide running support and aftercare service, for when you need that extra help.
Thomas Westcott is not committed to any one software provider; therefore we can suggest the best product for you. We also offer support and guidance on a range of Cloud based products.
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