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So over the past few months, you would either had to have been living under a rock in the middle of the jungle or working on a secret mission out in space with NASA to have not come across the infamous ‘cloud’. However not everybody is aware of the many ways this innovative tool can change your life on a day-to-day basis. We’re not just talking corporate, fancy shmancy benefits here, we’re talking general make-your-life-a-whole-lot-easier advantages that you really need to know about. 

Wait, what is this ‘cloud’ you speak of?

Less fluffy and cute, more high-tech and modern, the cloud is a concept that has been knockin’ about for a good number of years now. However with the constant advancements in internet connection speed and the latest technology, more and more accounting and finance services are switching their operations to benefit from the facility.

It is essentially an external server where the user can store all of their financial data and access it remotely at a later date. The cloud itself is most typically manifested by huge, great big server farms that are built with the intended function of securely storing this data so users are permitted much simpler and quicker access to their records. Internet banking is a good example of the cloud in action and proves that you’ve probably been using it regularly without even knowing about it!

Reasons why the cloud will change your life:

As we mentioned earlier, there are a million and one reasons why we would implore you to switch your accounting over to the cloud. Granted, we may be a little bit biased as we do have our very own cloud bookkeeping software, Pandle (which incidentally is completely free to use and loved by more than 2,000 clients) but this really is the future. Forget robots, self-driving vehicles and life on Mars, we’re talking about cloud accounting and here’s just a few of the reasons why.

More money in your pocket for those Friday night beers – Okay so one of the main benefits attached to the modern miracle that is cloud accounting is the money you can save on expensive back-up systems and traditional methods. Expensive software and costly security measures can really eat into your funds so switching over to the cloud would enable you to accrue a little extra capital for getting the rounds in at the end of the week…or investing in your important business venture, of course.

Less time spent trapped in the office – Another of the many advantages that come with cloud accounting is a reduction in the amount of time you have spend sat in the office, drinking lukewarm tea and wondering how many spins it would take before your chair wheeled you all the way home. The beauty of this software is that it can be accessed at anytime from anywhere that offers a decent Wi-Fi connection, which means you can now see to your accounts from the comfort of your own king-size or sat in a cosy corner at your favourite local coffee shop.

More peace of mind, more sleep at night – Not only will you get to spend less time swatting the fruit flies away from the mouldy banana that has been wilting on your desk for the past week, you will also be able to cash in on a few extra hours of beauty sleep each night. Traditional methods of accounting mean records can only really be accessed from one computer unless you want to run the risk of transferring data from place to place, which is never recommended practice. With the cloud, you know your confidential data is stored securely so you can have some serious peace of mind when your heavy hits that pillow every night.

About The Author

Karl Bilby

We work very closely with our expert accountants to bring you the latest factually correct tax and accounting news. We also enjoy writing about small business news that we hope you find useful!

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