Last updated on January 12th, 2023
One of the most valuable and productive tools for taxation-related tasks and processes, Lacerte Tax Software, is popular amongst individuals and businesses. Some of the key offerings of the software program allow you to prepare taxes, collect data, research, consult, and effectively perform practice management. In addition, the software enables you to bring a significant reduction in time being spent on complex and critical tax-related tasks with its end-to-end solution.
Read on to explore the many benefits of hosting Lacerte Tax Software on cloud and decide if the solution is the best fit for your business.
1. Anytime, Anywhere Access
As discussed, hosting Lacerte Tax Software on cloud allows you to access the software remotely, anytime. All you need is access to compatible devices like laptops or smartphones. In addition, you get cross-device connectivity to ensure that the tax software services aren’t limited to an on-premise desktop computer. You can access data and modify it at any given time if required. As the cloud-hosted Lacerte tax software allows you to authorize any users, you can set restrictions depending on the business objectives.
2. Data Security
Your tax-related data is of epitome importance, and you might need them even after several years after filing the return. As such, it becomes imperative to remain cautious about the storage and security of your tax data. In the case of Lacerte on-premise solutions, issues like data theft, software breakdowns, or accidental deletion may cause severe threats to your business.
- Two-factor authentication
- Antivirus and Anti-malware
- Intrusion Detection System (IDS)
- Intrusion Prevention System (IPS)
3. Seamless Integration with Other Accounting Software
Your business might often require you to integrate the Lacerte tax software with other accounting software. With the effortless integration feature of Lacerte, you can integrate it with other accounting software, such as QuickBooks. However, instances might occur when the deployment of multiple software or integration on the same computer deteriorates the overall functioning of the computer.
This is where hosting Lacerte Tax Software on cloud comes to the rescue. You can quickly scale cloud storage resources and save a lot of time and effort, which otherwise you’d have invested in upgrading your desktop computer.
Unlike an on-premise solution, hosting Lacerte Tax Software on cloud doesn’t require you to install the application on your computer system. This is because the cloud-hosted solution is installed and runs on terminal servers. As a result, you don’t need to invest in a dedicated system or invest in upgrading your existing infrastructure.
5. Effective Collaboration
Gathering data from clients and sharing it with your colleagues is a never-ending process in tax filing. As such, you often need to stick to repetitive tasks that could hamper productivity. By hosting Lacerte Tax Software on cloud, you can allow your entire tax and accountant professionals to work on the same platform. You can make the tax filing process faster as both your clients and tax professionals can simultaneously work on the same file. Isn’t it an excellent way to eliminate the monotony of tax-related tasks and ensure the efficiency of your tax workflow?
Cloud-hosted Lacerte software also offers cross-device compatibility and real-time collaboration. As such, your employees can ensure faster and smoother processing of taxes while working remotely and maintaining top-notch productivity.
6. High Uptime
Unaltered access to tax data and high uptime, especially during tax seasons, is one of the primary requirements of many businesses. Hosting Lacerte Tax Software on cloud ensures this quite effectively. With high uptime, you get the assurance of having uninterrupted access to your tax files for a prolonged period.
Opting for tax software on the cloud with a reliable hosting provider guarantees you a high uptime of 99.99%. It’d further offer you more time, ensuring that you get the work done with ample time in hand.
7. Transparent Client Interaction
The movement of various tax files across customers, accountants, and tax professionals is inevitable when filing tax returns. Distribution of such data can be a challenging task, depending on the size and business value. By hosting Lacerte Tax software on cloud, all the stakeholders can work on the same platform. These stakeholders could be at different locations and using different devices. Yet, they can access the data simultaneously over the internet. That said, it becomes simpler to file tax returns with more agile teamwork in action. From a security viewpoint, the admin can manage the permissions for all the stakeholders and track changes in real-time.
Hosting Lacerte Tax Software on cloud offers you all the features and reliability of the on-premise version. Besides, you get added benefits of the cloud such as remote access, high-end data security, integration with other accounting software, transparent client interaction, and more.
Should you prefer hosting Lacerte Tax Software on cloud or need to know more about the solution, feel free to get in touch with our Solutions Consultant. You can call us directly @ +1-800-432-1585 or write to us at firstname.lastname@example.org.
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