QuickBooks is loaded with functionalities to help small and medium businesses with their accounting processes. It reduces human errors generated by manual paper-based calculations and enables you to gain deeper insights into your data.
Mid-sized businesses opt for QuickBooks software as it turns out to be efficient in managing accounting tasks for business growth. But, choosing the right version of the QuickBooks software for your business is essential.
QuickBooks Enterprise Solution (QBES) is the advanced solution to manage your accounting, inventory, invoices, finances, reports, and expense billing. It offers businesses with industry-specific features so they can choose the appropriate solution for their business.
However, to unleash the full potential of your accounting application, the local IT infrastructure isn’t the right platform.
Keeping in mind the advancements in technologies, CPAs, accountants, and industry experts suggest that companies must transition their QuickBooks Enterprise to the cloud. You can opt for QuickBooks Enterprise hosting services provided by various third-party companies in the market at affordable rates.
Let’s find out why 2020 is the year for QuickBooks Enterprise Hosting:
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Security has always been one of the major concerns for every company, when it comes to their critical business information. QuickBooks Enterprise cloud hosting providers offer top-notch security to protect your business data from cyberthreats such as ransomware and data thefts.
With enterprise-level security, firewall protection, Intrusion Detection and Prevention Systems (IDS/IPS), and two-factor authentication, the providers guarantee to safeguard your financial information at every level.
The business owners try to optimize their budget in every way possible. Cloud providers offer pay-as-you-go plans so that you can scale up or scale down your resources as per your growing needs and pay only for what you use.
Therefore, choosing a cloud hosting provider that offers maximum functionalities with minimalistic expenses is important.
3. Remote access
Cloud enables accountants, bookkeepers and business owners to use their QuickBooks Enterprise on the go. Since the cloud provides centralized control to your data, you and your team members need not stick behind the desks anymore and can access the application and data from remote locations.
The anytime, anywhere access offered by cloud hosting providers increases business productivity and performance.
Customer support is another parameter attracting businesses towards cloud hosting. Cloud hosting providers offer round-the-clock support to their customers throughout the year via any medium, including phone, email, or chat.
Cloud service providers have a dedicated team to provide you exceptional customer support regarding IT setup, installation, and software updates.
5. Business Continuity and Disaster Recovery
When you choose QuickBooks Enterprise hosting, the cloud hosting providers ensure continued business operations even in the worst-case scenarios, such as a natural calamity or human-inflicted disasters.
Cloud providers backup multiple copies of your information at different data centers located across the globe. Moreover, they take preventive measures to revert business operations into normal working conditions even after adverse events and eliminate the chances of downtime.
Cloud providers guarantee a minimum of 99.999% uptime so that your QBES application and data are available to you without any disruption.
Moreover, the efficiency you get from High-Performance Computing (HPC) servers offered by cloud hosting providers helps you grow your business and expand your process.
With hosted QBES, your desktop software and files are hosted in remote data centers, which enables your accounting team to access real-time information and work on the same files simultaneously.
Also, you can streamline workflows and file sharing with outsourced parties such as bookkeepers or accountants without them being physically present on your premises.
8. Paperless Environment
Businesses prevent a lot on paper usage by migrating to the cloud for a fitter environment. By switching to QuickBooks Enterprise cloud hosting in 2020, you can do your bit towards a greener future.
You can replace the cabinets filled with heaps of files and folders containing sensitive business information with a centralized database for all your documentation on the cloud this year.
9. Add-on Integrations
Third-party applications integrate with QuickBooks software to enhance its functionalities and address all sorts of business requirements.
With QuickBooks Enterprise hosting, you can integrate the vast variety of third-party applications with your accounting software to add additional functionalities like ERP, CRM, and MS Office Suite. This helps in eliminating tedious, manual data entry functions and simplifies your business operations as you see everything in one place.
10. Automatic Updates
With your QBES on the cloud, you can rest assured that the cloud hosting provider will handle all required updates with the lowest possible downtime. The cloud hosting provider lessens your worries by automatically scheduling updates for your QuickBooks Enterprise software.
Businesses are embracing the change and taking a step towards a better future. In 2020, you can also enhance the powerful features of your QuickBooks Enterprise software by hosting it on the cloud and benefit from the exclusive features offered by the service providers.