6 Things That Are Possible With Hosted QuickBooks But Wasn’t Possible with Desktop Version

As an accounting business, you may consider changing your solutions and install new ones to mitigate issues of the traditional system. However, with these considerations, you also need to consider the changing market verticals, increasing customer expectations, and rising need for digital transformation.

Each of the elements requires accurate transactions, faster executions, and hassle-free workflows. Using QuickBooks desktop application, you can address most of these challenges. For instance, your accounting workflows would improve, and automation would increase.

Since QuickBooks software is developed with multi-facet features, you can optimize your tasks and supercharge your invoicing, payroll, and inventory, in addition to other critical tasks.

When you host this solution on the cloud, the abilities of QuickBooks enhance and improve your operational efficiency. Let’s see how.

Below we have explained 7 things that make QuickBooks remote hosting a viable option for CPAs and accounting firms.

6 Things That Are Possible with Hosted QuickBooks but Not With Desktop QuickBooks

Do you want to access your QuickBooks from any location?

Do you wish to access data files of QuickBooks without worrying about its security?

If so, then read on. Here are some of the things that the desktop QuickBooks version doesn’t offer with ease.

1. No Installation

The key reason why organizations host their QuickBooks solution is that it comes with no installation process. You don’t need to install hardware or software on your systems to access QuickBooks software.

· The cost of accessing QuickBooks is restricted to only hosting your licensed QuickBooks to the cloud. The bill or fee is charged as per your usage and services acquired.

· Apart from removing installation completely from the picture, it helps you scale when necessary. So, at any point, when you need to increase your resources, you can scale your requirements.

· Additionally, when you want to stop extra services, reduce storage, or make other modifications, you can easily achieve it.

2. High-Security

Protecting your data is hectic and expensive. You need to spend resources to save the information. There are cybercriminals everywhere, and managing data security in-house is just not the right idea. As a small or medium organization, server crashes and software malfunctions can prove tiresome and consuming. You may not have enough people, architecture, and automation to handle the evolving cyber-attacks.

When you move QuickBooks to the cloud, you don’t need to think about these expenses. You can protect your business applications and their data without any hassle.

· QuickBooks hosting can help you secure your data effectively through a remote server. When you host your solutions, remote servers store these applications with all the data. These servers are equipped with layers of security to offer anti-virus, anti-malware, and other protection. You can also use multi-factor authentication on your hosted QuickBooks.

· The hosting provider also ensures that the data is backed up regularly to avoid loss of data when a server crashes. Therefore, you can easily restore your data anytime you want.

3. Remote Access

Time is money. We can’t stretch on this fact more.

It means that if you fail to offer details and information to your customers on time, you stand a chance of losing your customers. You need the ability to make data-driven decisions quickly and extract value from data even faster.

For that, we have smart devices that help us access applications remotely. But, for that to happen, you need to host your applications on the cloud. It is not possible without that. You can’t access the desktop version of your QuickBooks on your phone. This means that you can’t serve your customers effectively with the desktop version.

Through QuickBooks hosting, not only can you access files remotely but also authorize this access. It means that you can define user access hierarchy to ensure no person can edit the information he or she is not permitted to view.

Further, with easy access to data, you can collaborate and communicate with your team from any location, at any time. It improves the efficiency and productivity of the team.

4. Disaster Recovery

Disaster recovery is necessary for every business. When you lose data because of a server crash, you stand not only the chance of monetary losses but also reputational losses. For this reason, every organization tries to prevent data loss at any cost. This includes taking regular backups. However, that also wastes time because then your accountants need to put off tasks to a later time till the system recovers.

In cloud-hosted QuickBooks solutions, you don’t face any such issue. The files are continuously backed up in multiple servers. If one server is not accessible, you get access to another. The redundancy principle helps you receive your data immediately without any delay. So, that offers a strong disaster recovery plan.

5. Improved Performance

When your team is able to access and share data in real-time, they are able to collaborate with team members and engage with clients. This increases the efficiency of the team and enhances workplace productivity.

With data management and remote access, customer interactions can be personalized and optimized to a great extent, which allows customers higher visibility of their transactions and tasks.

Time-consuming tasks like data backups and security are managed by the provider, which offers additional time to focus on more strategic tasks of the business. This also improves the performance of the team.

6. Better Uptime

With cloud hosting, you can have a maximum uptime of up to 99.999%. This means you won’t experience any delay anytime as soon as you are using the cloud. This situation is different in desktop solutions, where you need to manage downtimes in-house.

Conclusion

After analyzing a list of features offered by hosted QuickBooks, it is obvious that hosting is a better solution than the desktop version. Hence, if you plan to upgrade your accounting software, consider hosting it on the cloud for an upward growth trajectory. With these features, not only can you improve your efficiency but also gain a competitive market edge.

Check the above benefits and start planning QuickBooks hosting today.