Choosing a reliable cloud accounting solution to host your financial data presents a secure, flexible, and affordable alternative for companies to accomplish all of their small business needs.
Despite common myths concerning limited use and security, FOSS Business Solutions addresses all concerns by offering complete, user-friendly storage and software in the cloud.
Here are five of the Common Cloud Accounting Hosting Myths and how we address them:
MYTH #1: Cloud accounting usage is limited to one application.
- FOSS cloud accounting solutions allows clients to use various applications, such as Quickbooks, CRM Integration, Time & Billing, Virtual Bill Payment, Inventory Management, Expense Reports, Invoicing, and much more.
MYTH #2: Preceding versions of my financial data will be lost once I update my work.
- FOSS backs up all previous revisions of your information for 90 days.
MYTH #3: Any server issues will have to wait until morning.
- FOSS monitors their cloud accounting 24 hours a day, seven days a week, meaning their servers are never left unattended.
MYTH #4: My information is not necessarily secure and could be breached in the cloud.
- The cloud features highly approved data centers (Tier IV, SSAE-16/SAS-70 Type-II), encrypted communication, firewalls, multi-layer access controls, and encrypted backups to ensure your information is as safe as possible.
MYTH #5: My collaboration with clients and vendors is limited.
- FOSS cloud accounting presents full collaborative access with anyone, at any time, from any device.
With FOSS cloud accounting solutions, your company can take advantage of benefits specifically tailored to small businesses:
- Save hours of invoicing time with automated accounts payable and bill payment services
- Enjoy convenient transaction features that record, bill, and alert you of payments that are processing
- Utilize simple viewing and storing of accounts payable and transaction records
- Save money by making use of our paperless accounting services
