Sage 50, formerly known as Peachtree, is a highly suitable and versatile accounting solution for SMBs. The software provides all tools and functions that makes accounting easy and accurate. When hosted on the cloud, Sage 50 offers many unmatched benefits to help small businesses run smoothly along with saving money and time.
1. High Security
When Sage 50 is hosted on cloud, all the security measures are taken care by the cloud hosting provider. They take steps to ensure that your data is safe using data encryption technologies, third-party audits, backup power supplies and firewalls. There is no risk of data loss since the data is saved in multiple servers and regularly backed up.
With Sage 50 cloud hosting, upfront costs, installation, and maintenance costs are replaced by minimal monthly rental. Cloud hosting streamlines your IT infrastructure since you would not need to pay for expensive servers or storage. You also don’t have to worry about upgrades as this would be taken care of by the cloud hosting provider.
When Sage 50 is hosted on the cloud, you don’t need a dedicated IT personnel. All troubleshooting tasks are handled by skilled support team hired by the cloud provider.
3. Easy Access
Being able to work on Sage 50 software and access data through the internet allows clients or employees to work in a single file at the same time irrespective of their location. Companies with multiple locations or mobile employees find that centralized access to data allows them to work as though they were all in the same office.
4. Paperless Environment
Sage 50 on the cloud provides you a centralized database to take care of all the documentation needs. This helps you eliminate unnecessary paperwork and creates a paperless work-culture, which helps the environmental causes.
5. Round the Clock Support
Going for Sage 50 cloud hosting means that you are opting for more than a product and it means selecting a dedicated support team as well which is available 24*7. Client support related to Sage 50 software along with IT becomes a part of the regular benefits which are included with Sage 50 cloud hosting services.
6. Easy Collaboration
Sage 50 cloud hosting makes collaboration with outsourced employee or accountant easier. Professionals can work on client accounts more often, seamlessly sharing information with the client even when the client is working in the system.
Cloud eliminates the need to sync or copy files and makes it easy for outsourced employees to work more closely, which can be an important factor in the success of an outsourced relationship.
7. Increased Efficiency and Productivity
Hosting Sage 50 on cloud allows users to view their data or files, edit and perform any other function. Cloud also lets users to export data through Excel or PDF files without any loss of functionality or efficiency. The required data or files can be downloaded from any place through any device.
8. Automatic Backup
The cloud service providers provide automatic data backup facility without any additional changes. Regular backup on different paths ensures security and maximum data redundancy. In the event of any disaster or event, the financial data of the company remains secure and untouched, without implementing any additional backup system.
9. Least Downtime Issues
In a traditional system, if your server or workstation crashes, you’re not left with many choices. Sage 50 hosting ensures less or no downtime as you can still access all the data and files via a system with an internet connection. For SMBs, getting more mileage out of existing servers and computers is a huge benefit.
10. Save on Software Upgrades
With hosted Sage 50, firms can implement an organization-wide system, without upfront costs of premium license. Cloud providers include the cost of license in their monthly package. This is particularly important for small firms as many of them have to allocate funds each year to buy the upgraded software.
To save on costs, many companies use the outdated version of Sage 50, which limits the functionality and increases the risks.
Should you go for Sage 50 hosting?
Any small business owner can, without a doubt, think of subscribing to Sage 50 hosting on cloud. It will help make your entire accounting process simple, in addition to saving money and increasing efficiency.