Stay Updated with Investax!

Sign up for our newsletter to receive the latest tax insights and financial tips directly to your inbox.

  • ✓ Expert Analysis
  • ✓ Industry News
  • ✓ Exclusive Offers
Newsletter Signup with Name
The Benefits of Cloud Computing
Get the full article as a PDF
By Ershad Ullah On July 19, 2023

Making the move to the Cloud Computing makes sense for your business, as many of our clients have found. It’s important to understand that not all cloud organizations have the same standards. The need to consider ten factors are required to ensure you pick the best cloud accounting provider.

What is a cloud provider in the field of Cloud Computing?

The cloud is part of the internet. For example, cloud storage simply means storing your files on a company’s server, with a secure connection over the internet to your computer, smartphone, or similar device.

Cloud providers are similar, but they let you run applications instead of just storing files. The advantage of cloud providers is that you don’t need to keep everything on your own machine. You can log in from any device (with the internet) using a browser or an app, and have instant access to your software and business data.

The industry of cloud services is a relatively new business. Most of the smaller cloud service companies, and the cloud departments of larger organizations, are just a few years old. This can make it hard to judge which cloud service provider is right for you.

So, to help you make that decision we’ve come up with 10 factors that your cloud service provider should be willing to share with you.

We’re concentrating on cloud-based accounting providers in this guide, but the points covered can be applied to other types of cloud service providers too.

Table of Contents

Get the full article as a PDF