Managing a non-profit business is a challenging task. The scarcity of resources often makes it difficult for these businesses to stay on top of their work. Some non-profits survive solely on the hard work of their employees. One of the most challenging things they deal with is managing their accounts and finances. However, the availability of robust accounting tools like QuickBooks enables them to simplify and automate their accounting operations easily. However, many non-profits are migrating to QB hosting services to take their accounting experience to the next level while meeting their economic needs.
If you, too, are a non-profit and want to know how QuickBooks hosting can benefit your business, read this blog post. Here, we have discussed how cloud-hosted QuickBooks can transform the way you do accounting, with cost-efficiency being the prime consideration.
Table of Contents
How Non-Profits Benefit from QuickBooks Hosting?
1. Economical Solution
It takes up a lot of resources when you run QuickBooks on a local computer. In addition to the considerable investment, you need to deal with problems related to software maintenance, its setup, and installation. Besides, as a non-profit, you might want to refrain from having an extensive IT infrastructure in your office to handle the accounting process.
With QuickBooks server hosting, you can quickly eliminate the circumstances mentioned above. QuickBooks cloud hosting providers handle the installation and maintenance of the software, along with all the software upgrades, at a nominal monthly/yearly fee. In addition, hosting QuickBooks on the cloud eliminates hiring in-house IT personnel to look after the server’s upkeep. It gives you an excellent opportunity to give your employees the freedom to work from anywhere using their preferred devices.
2. Anywhere, Anytime Access
With QB hosting, you can work anytime and anywhere. It means you don’t need to be confined to a specific location to work on the data. In other words, you can give your employees the flexibility to work remotely and maintain a work-life balance. They can use their preferred devices, like smartphones, tablets, iPad, laptops, etc., to access the QB files remotely. All you need to ensure is that you have a reliable and high-speed internet connection. Regardless of the geographical region of your team members, everyone can still track, monitor, and work on the same data in real time. As a non-profit, such features can play a crucial role in saving you a lot of money which otherwise you’d have invested in buying new computer systems, renting office spaces, hiring in-house IT staff, etc.
3. Easy Access and Real-Time Collaboration
In a non-profit business, multiple stakeholders manage the operations. These include directors, treasurers, managers, etc., who’d require control over the accounting operations and finances. QB hosting makes this possible. It allows every authorized person in your business to collaborate in real-time to simultaneously work on the same data. You can get admin rights to monitor and control the activities of all the users. Besides, you can add or remove users easily and grant permission to view and edit files.
In addition to the above, QuickBooks cloud hosting providers give you a secure password and encryption protection, making data access safe. Most of the reputed cloud hosting providers also offer automated backups of data. It means you can recover all your data during accidental damage and natural disasters.
4. High Data Security
As a non-profit, you’d prefer to refrain from making a massive investment in protecting your data. While data security is one of the most significant concerns every business has, non-profits might find it challenging to compromise on their budget.
Human-induced factors like cyber-attack and data theft often compromise the confidentiality of business data. Such instances not only hinder business operations but also create a halt in revenue generation.
With QuickBooks server hosting, you get top-notch security for your mission-critical data. Reliable QuickBooks cloud hosting providers implement multiple protocols to safeguard their users’ data. These include:
- End-to-end encryption
- Multi-level firewalls
- Multi-factor authentication
- Antivirus and antimalware
- Intrusion Detection and Prevention System (IDPS), etc.
Additionally, many hosting providers ensure business continuity by providing disaster recovery options to their customers. This helps them during any mishap or accident.
Businesses of all sizes and sorts, non-profits, or charity organizations need to scale up to meet increasing operational requirements. Over time, they might need to hire more employees with access to hosted QuickBooks. As a non-profit, purchasing more QuickBooks licenses or the required computational resources might be challenging.
In such cases, QB hosting services can come in handy as reputed hosting providers offer effective scalability options. All you need to do is convey your requirements to your service provider, and they will do the rest. You can also ask them to add more functionalities, such as increased storage capacities, RAM, etc. Once you fulfill your requirements and don’t require those additional resources, you can scale them down quickly. Such features allow you to pay for only what you use. If you aren’t using the resources, you don’t pay for them.
6. Customer Support
When you opt for QB hosting services, you can contact the customer support department of your hosting provider to resolve all your QuickBooks-related queries. Leading QuickBooks cloud hosting providers have a dedicated team of professionals who provide round-the-clock support to their customers. You can contact them via various means, such as phone, chat, and email.
Having round-the-clock customer support means you don’t need to hire any in-house IT professionals and pay them a monthly salary. Your cloud hosting provider takes care of all the hosted QuickBooks-related problems and ensures the all-time availability of your data. Nowadays, most cloud hosting providers maintain a high server uptime of 99.99%, so you don’t have to worry about downtimes.
Streamlining the accounting activities of a non-profit business is indeed a challenging task. However, QB hosting for non-profits promises to accomplish that easily. The cloud-hosted QuickBooks solution provides features that save you time and money. Most importantly, it enhances the overall efficiency of the accounting workflow.
If you are a non-profit organization looking for a robust accounting solution to cater to all your accounting requirements, host QuickBooks for non-profit with Ace Cloud Hosting. We have profound experience hosting QuickBooks for businesses of all sizes, non-profits, and charity organizations. We offer all the hosting options at a competitive price along with 24×7, 365 days customer support, advanced data backup, and disaster recovery capabilities.