Accountants can benefit from cloud computing because it eliminates purchasing software and servers, and maintaining and running them. The old technology infrastructure which requires all software and servers to be housed in the accountant’s office is now being replaced with a more robust and inexpensive technology known as cloud computing. Cloud applications are run through the web. An accountant just needs a computer or a laptop and an internet connection to be able to run accounting applications. The software and server are managed not by the accountant but by the cloud application vendor. Typical applications available for accountants include full ERP (enterprise resource planning), payroll, and tax software. The accountant need not purchase a license to use the software. He/she just needs to pay subscription fees.
Many accountants are hesitant to use the cloud computing technology because they don’t know the benefits of moving to a cloud environment. One of the benefits of cloud computing is that the accountant doesn’t need to install a software in his/her computer. He/she just has to remotely access his/her application anytime, anywhere. If he/she has employees, his/her employees can access the same application and data. As long as there is internet connection, the accounting application and data can be accessed wherever and whenever.
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