Why QuickBooks Hosting is the Way to Go in 2021

Ever since the beginning of the pandemic, the majority of the professionals are restricted to their homes.

As per reports by Upwork, over 1 in 4 Americans will continue working from remote locations full-time through the year 2021.

This distance has limited access to the workspace and other utilities to accomplish tasks. While various applications, especially QuickBooks, paved the way to ease the job for everyone in 2021, the lack of communication and unhindered access still causes many issues.

To improve flexibility and mobility in the over-competitive accounting world, QuickBooks Hosting comes to the rescue. Hosting your QuickBooks on the cloud offers numerous benefits.

Here are some reasons why QuickBooks Hosting is your go-to solution in 2021:

1. Remote access

The desktop version of QuickBooks can be used only through a dedicated desktop or laptop. Therefore, even in the case of any urgency, you have to rush back to the office to access the system and complete the task at hand. This slows down your ability to accomplish tasks besides bounding you to an office desktop for the most part.

Using QuickBooks Hosting saves you from this trouble. You can access the QuickBooks application and all the saved data from anywhere and at any time from internet-connected devices like laptops, smartphones, or tablets.

This setup also promotes policies like work-from-home. There is no need to stay on office premises for long hours. It improves employee satisfaction as well as organizational productivity.

2. Team collaboration

In order to accomplish any task in an organization, you require all of your team on the same platform. The use of a local setup means that you and your teammates have to be available at a common place at a particular time for meetings and collaborative working.

QuickBooks Hosting offers a virtual solution wherein you can collaborate with your team on a shared cloud platform. CPAs, tax professionals, managers, developers, and other stakeholders can share, access, and modify data in real-time. It eliminates the need to send emails back and forth and removes any ambiguity that might cause confusion.

Moreover, firms can hire talent from anywhere around the globe to expand their team without worrying about geographical borders.

3. Improved security

Data security is one of the most important aspects of any business. Many malicious and accidental threats can impact the privacy and confidentiality of your business. For example- cyber-attacks, natural disasters, hardware theft, etc.

As per Cybersecurity Ventures, worldwide crime costs will reach an estimate of $6 trillion annually in 2021.

Hosting QuickBooks with a reliable cloud hosting provider ensures an optimum level of security at every level. There are some significant security standards that providers follow, including:

• 256-bit data encryption
• Multi-level firewalls
• Two-factor authentication
• Anti-virus and anti-malware
• Intrusion detection and prevention
• DDoS prevention system
• Fire-alarms and biometric scanning
• Round-the-clock CCTV coverage
• On-site security personnel
• State-of-the-art data centers

Furthermore, competent QuickBooks hosting providers offer Business Continuity and Disaster Recovery (BCDR) services. It means that a cloud vendor replicates and stores your data at multiple geographically isolated centers. Therefore, even if there is some accident or mishap at one of the data center sites, information can be retrieved from another location easily.

4. Scalable resources

Business growth often leads to drastic fluctuations in resource requirements. With the desktop application of QuickBooks, you need to deploy the latest hardware resources and purchase new licenses during the busy season. However, whenever the demands fall down, these resources go to waste.

Using QuickBooks cloud hosting offers scalable solutions so that you can easily upscale or downscale the number of users, RAM, storage space, and more. All you need to do is state your requirements to the cloud provider, and they will update them within no time.

Moreover, QuickBooks requires multiple add-ons to create an efficient system for any business.

Final Note

QuickBooks hosting is a one-stop solution for all the accounting needs in 2021. In addition to the reasons mentioned above, QuickBooks Hosting also reduces the cost of installing and maintaining office infrastructure. Also, there is no need to hire a dedicated IT team to manage in-house systems as it is the responsibility of your cloud provider to take care of all your needs.

Hence, it is safe to say that QuickBooks hosting is not a choice in 2021 but rather a need.

Are you looking for a trustworthy and reliable hosting provider for QuickBooks? Chat with our Solutions Consultants to get a 10-day free trial.