The Safest Cloud Based Accounting Apps

Accounting is becoming much easier to organize and manage thanks to the rapid improvement in cloud based technologies. There are dozens of solutions suitable for businesses from all over the world, but disturbing trend outlined by cloud application risks and trends analysis performed by CipherCloud is about to change our perception of data security.

According to the report, approximately 86% of all cloud based applications are unsanctioned, when we look at the breakdown for specific markets, it seems the number is even higher for companies in North America - there are just 12% of all applications that apply to industry security standards! While there was previously widespread misconception that data security is concern for big corporations only, now even small business owners develop and employ their own policies to address it. More facts and insights from the cloud apps risk and trend report can be found in the infographic below:

Since accounting involves dealing with sensitive business data on regular basis, choosing safe cloud application for help is a must. Here are my safest cloud based applications to take advantage of:

Poor management decisions related with finance are often the main reason for small business failure. With the Small Business Workbench you will have powerful tool to manage all aspects of your business’ financing and even be able to create income forecast based on previous performance measurements. With mobile access, you can take this information anywhere with you and stay informed at all times.

Taxation is what business owners find most confusing and also accountants also struggle a lot dealing with it. With TaxMate, you will be able to get a complete grip on everything there is about taxation in your country. The ability to get realistic estimate on how much you currently owe against your profits is what truly makes this solution so widely adopted, especially in the United States.

Often when you ask your accountant what is the best solution they’ve ever encountered, the response will be QuickBooks. With easy-to-use online version, QuickBooks is on its way to revolutionize the cloud accounting industry. You have access to all features available with this particular cloud solution on the go and you can easily do most of your work from your smartphone. Furthermore, the ability to collaborate with your bookkeeper and accountant are unmatched by any accounting application out there.

Business owners love solutions that can be employed for more than one application. Sage One offers not only incredibly intuitive interface, dozens of features and payment gateways, but also task management and collaboration platform, especially designed for small business owners. With Sage One you will definitely take team collaboration and customer service to a completely new level.

Zoho Books is just one of the solutions included in the massive business suite offered by the Zoho Corporation. If you are looking for simple solution to manage all your invoicing, taxes, expenses and receive detailed financial reports, this is the best cloud application out there. It’s never been easier to put your finances in order!