There have been some heated debates and strong opinions voiced regarding cloud accounting. There have been many articles written on cloud accounting. Take a look at Cloud Accounting – Way of the Future or a Tool for Now? This was published online on the website CPA Practice Advisor on Oct 17, 2017 by Randy Johnston, MCS, MCP.
Mr. Johnston writes,
“Most vendor’s jobs are to sell you on the benefits of their system so you will sign a contract, implement the system and pay. Your job is to select an appropriate system, negotiate fair terms, oversee the complete implementation, help define and modify processes to take advantage of the systems and update and live with the system for 10-12 years. Are you ready for the hard work of making the marriage of your company and a new SaaS accounting software product work? Is this option better than your current solution? Run the numbers, assess the risks and be careful out there!” read more…
We agree! Do your homework, ask questions and keep an open mind. You may be surprised how beneficial cloud accounting can be.