Benefits of QuickBooks hosting!
Is QuickBooks hosting a good idea? How can QuickBooks hosting can help small businesses?
Genuine answers would be helpful!
Every business is different. Hosting can be expensive. There is no correct answer.
We are currently deciding if we should switch to hosting or online. Hosting is cheaper than the online, but it's still a monthly subscription. The price is more than just purchasing desktop. However, with the hosting option: your payroll subscriptions are included, you get up to 50 company files included, your QB files are automatically updated and backed up by QB hosting. You always have the most current version of QB. You can select how many users you want to have logged in at one time. It is a great option to be able to access files and monitor others work. Just a few things to consider. As the other person said, it is about what is best for your company. However, I think they should've given you a bit more background on the products so you know what is best. I hope this information helps you. The online version doesn't have all the options that the desktop or hosting does, specifically with payroll I have found. They do offer other things that the desktop and hosting doesn't though. I'd test out the free QB online testing that QB offers. Just google it and it takes you to a fake file. Also, call and talk to a QB specialist if you have questions specific to your company. Good luck!
Well, it’s a big question that many accountants and CPAs do confront with, and they have there reasons for that just like the way once I was.
They must be satisfied and comfortable with their QuickBooks desktop version and then why to create a hazle to move to another version.
Now, firstly, it's not such a big deal to move your business and work to the QuickBooks hosting version. You need an excellent QuickBooks hosting provider, and they will guide you to set up the system that too free of cost.
And the second thing is the main focus of this answer which is " is QuickBooks Hosting a good option?". And the answer is "of course it is a good option." and I have reasons to say that.
The QuickBooks Hosting has all the features of the desktop version so there will be no change when it comes to the features, functionality, and interface.
Other than that, you have to pay only for the license of QuickBooks and the hosting services, so you can say you have to pay for what you use and when you use it.
Moreover, there are various benefits also for using hosted version such as-
1. Excellent Team-collaborations
2. Data Backup and recovery
3. Remote accessibility through windows virtual desktop on azure (Access files and software anytime and anywhere with your device that has internet connections). Learn more about what is windows virtual desktop (WVD)
4. High security
5. Reduced IT maintenance cost and many more
I skimmed through your topic and I too went through the same issue because I work for an electrical contractor. As far as I remember (and my memory is good when it comes to money) to have QB desktop hosted it was the cost of the desktop licenses plus a monthly fee of close to $150. I don't think that's cheap at all. However, after signing up for QB online, then canceling and buying QB Desktop Premier we made the right choice. My boss rarely uses it and if he needs it he can just remote into my computer using VNC Viewer which is $50/year. A bargain compared to $150/month. It amazes me how good QB is but does not offer QB desktop versions as online versions. My old company used QB Desktop hosted on our network server but that was cost effective because we had an IT guy and a network.
QuickBooks does offer many features to fit our business needs, but lack of mobility and limited resources can restrict the work process with the desktop version.
Therefore, to answer your query, QuickBooks is a good choice and can help solve many problems for SMBs by helping them kick-start their businesses. Some of its benefits include:
- Remote access to information
- Multi-user collaboration
- Scalable resources
- Cost-effective solution
- Advanced security measures
It is a one-stop solution to save time and money for any small business. There is no need to hire any additional team to maintain all of the IT resources. Also, there is no requirement for heavy infrastructure to house hardware or software as it is taken care of by the hosting provider. I hope my answer would be of some help to you. Thank you.
Businesses are the backbone of our economy. A successful business means that they exhibited the right skills, attitude, and initiatives to grow. It also means that they made some right decisions at the right time- one such important decision is to choose the right accounting software.
QuickBooks Enterprise is one such accounting solution that is trusted by businesses all over the globe. It is suitable for a variety of industries, such as construction, logistics, manufacturing, and retail.
Let's look at some of the benefits of QuickBooks hosting for small and medium businesses.
- Reduced IT Infrastructure and Cost.
- Backup and Disaster Recovery.
- Easy Collaboration.
- Anytime, Anywhere Access.
- Enforces Privacy.
- Compatible with Other Applications.
- Automatic Updates and Upgrades.
Let’s look at some of the benefits of QuickBooks hosting for small and medium businesses.
1. Reduced IT Infrastructure and Cost
Small businesses are always looking for opportunities to cut costs. Hosting QuickBooks on the cloud lets SMBs do that. Since the cloud is accessible via the Internet, small businesses do not need a dedicated system to be installed in their premises.
Due to features available in the cloud, such as remote upgrades and support, businesses would need far fewer resources, thus saving more money.
Moreover, since all of the server issues are taken care of by the cloud vendors, there is no need to hire an additional IT team to do the same. It further improves the financial health of the business.
2. Backup and Disaster Recovery
All businesses must invest in disaster recovery solutions, but for medium-sized businesses that lack the required amount of cash and skill, cloud is an ideal solution. Cloud technology is helping more small businesses buck that trend.
When on the cloud, QuickBooks data is saved in highly protected data centers, and there are multiple copies of your files taken by the provider. Moreover, data transfer is secure since it is enabled over highly encrypted data transfer protocol.
Therefore, even if there is an accident or natural disaster like fires, floods, earthquakes, etc. information can be retrieved easily, and business can always be up and running.
According to the Bloomberg Businessweek article, about 800,000 laptops are stolen or lost every year in airports alone. If you are storing all the information on a laptop or mobile alone, the information can be easily stolen or accessed.
However, if you are using cloud, your data is much more secure as you need a user ID and password to access the data. Sure, it can be annoying if you have to replace your device but not as a disastrous situation if all your data is stolen.
Moreover, many competent QuickBooks Hosting providers safeguard information from various cyber-attacks through security measures like end-to-end encryption, firewalls, multi-factor authentication, anti-virus, anti-malware, and more.
4. Easy Collaboration
QuickBooks hosting makes collaboration with outside parties such as accountants or outsourced bookkeeper easier. Accountants can work on client accounts more often, easily share files or data with the client even while the client is working in the system.
QuickBooks on the cloud not only eliminates the need to copy or sync files but also lets outsourced employees or professionals to work closely with everyone. It further reduces the chances of errors while working, and improve their productivity.
5. Anytime, Anywhere Access
Hosting QuickBooks on cloud allows SMBs to access their QuickBooks files anytime, anywhere, and on any device as well as simultaneously. This makes small firms independent of the local network. One of the most obvious advantages of remote service is a high-speed online response of your QuickBooks as the application is installed on highly optimized servers.
Small firms with outsourced employees or with multiple locations find this centralized access to QuickBooks application as the key feature of QuickBooks hosting.
I hope this information will be helpful!