- Published: Friday, 17 March 2017 09:18
Most of us have heard of the term ‘cloud accounting’ but there are many people who come to us not knowing what it actually means.
Put simply, cloud accounting is where computer software is used to input accounting data, which is then sent and hosted on the Internet by a network of remote servers. This network of servers is what is referred to as the cloud.
But what are the benefits of cloud accounting versus traditional forms of accounting such as bookkeeping? We’ve listed our top five reasons to switch to cloud accounting if you haven’t already.