Accountants discuss cloud accounting benefits

Ease of use, good functionality and having new key features are listed as the main reasons accountants would change their accounting package, according to two practitioners.

In the third video conversation in the practitioner edition of our 21st century client-accountant relationship, Paul Scholes of Atria Associates and Claire Priestley of Clarand Accountants discussed the adoption of technology, including cloud accounting and social media.

Also joining the conversation was cloud accounting software firm Exact’s Jay Modhwadia, who added...

Continued...

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Comments
accountsdragon's picture

For those of us in rural

accountsdragon | | Permalink

For those of us in rural areas where broadband speeds are an issue, having cloud software is daunting.  A few clients use Xero, but on bad days it can take ages to move around screens, and I'm glad to get back to my old fashioned desktop software.  

To make matters worse my broadband almost ground to a halt last week, and although it only took a week to resolve, that experience made me even more wary of the losing the ability to do any work if I were 'in the cloud'.

I love VT and I do hope that they are not forced to follow the trend.

Remote areas and The Cloud

markabacus | | Permalink

We also operate from a village only 10 miles from Lincoln but b/band speed is not great 2mb on a good day. But the real challenge comes when it goes down, tethering thru your mobile is all well good but slow!

Twice in the last 18 mths we have been w/out b/band for more than 3 days, if we had been cloud based that would be 3+ days unable to work, disaster or what?

Whilst we are no huge fan of Sage, 25+ bookkeeping clients in client manager whilst not cheap is lot less than the cheapest annual cost of a cloud based system. Fine no doubt for those clients who do there own and hand it over.

 

raybackler's picture

Cloud user since 2004

raybackler | | Permalink

We signed up with Liberty Accounts in 2004 and now use it for our client base of about 60.  We operate from a rural village, where broadband is not that fast.  Speeds are not an issue, because accounting systems only use the internet for text and numbers in the main.  High speeds are only necessary for other types of software that are graphics intensive.

As for reliability, we lost our broadband for a few days when someone stole the cable supplying the whole village and we have had outages here and there for an hour or so over the last 9 years.  Total uptime in excess of 99%.

Clients with desktop systems and more than one location have to set up VPNs, which also use broadband.

This week we have taken the plunge, after good recommendations on Accounting Web, and moved over to Taxfiler, as an excellent cloud offering for our tax software.  If only VT would get their accounts production software into the cloud, life would be complete!!

 

PK Group's picture

The Cloud will soon become a

PK Group | | Permalink

The Cloud will soon become a lot more prominent in accountancy firms, as they realize the benefits vs On Premise systems.

Having a PC or a server malfunction is no longer a major problem for users of the cloud, and we've found it extremely useful to have cloud backups. During this busy time of year, the last thing you need is a major hardware fault costing your company time and money.

Really looking forward to what innovations 2014 will bring us accountancy firms :)

PK Group

Hosted Accountants Ltd's picture

Remote areas and satellite broadband?

Hosted Accounta... | | Permalink

We had had a number of clients champion this recently. It seems the cost has now made it an affordable alternative to wired ADSL. Speeds of a solid 20meg (and 6 up) are available for £30 a month so not outrageous - http://sat.tooway.co.uk/

Probably useful to many just for regular SA filing irrespective of whether they are also using or considering a hosted desktop solution.

Dan