What is Cloud Accounting Software?
Cloud accounting software provides the same functionality as on-premise accounting software; except the end user accesses their financial data and works through a web-based interface, instead of an installed desktop application.
Since cloud accounting software keeps all data sources updated in real-time, you’ll spend less time on manual tasks and more time analyzing data to make decisions. It’s not limited by storage, bandwidth or number of users, so cloud accounting software is naturally supportive of business growth. And, cloud software reduces the overhead need for hardware and software upgrades.