Cloud accounting has been around for quite a while now, but even still, the idea of taking our data to the cloud can be a little confronting for some. With these technological enhancements, there’s never been a better time to understand the opportunities to optimise and grow your business.

1. Top 5 Benefits of Moving to Cloud Accounting

3. Getting started...
If you’ e bee ea i g to
brush up on the great benefits,
this o e’s for you.

4. 1. ACCESS ANYWHERE AT ANY TIME
Cloud computing allows
organisations to provide
collaboration and
communication tools,
software, apps and access to
documents and databases
not only from anywhere, but
also on a cost per use (or
user) basis.
This has a significant impact
on an organisation's
flexibility and ability to
introduce new tools and
phase out old tools. No
longer should IT projects
take a year to implement a
new tool...but weeks or at
most months.

5. 2. CENTRALIZED DATA
Network centralization is
an attempt to improve
efficiency by taking
advantage of potential
economies of scale.
Advantages:
1. Data security
2. Data sharing
3. Disaster recovery
4. Transformation of data
for N number of uses.

6. You can share the data with
as many others as you like,
hether it’s your
accountant, your
bookkeeper, your business
coach or even your bank
manager.
No longer is it necessary to
email selected reports or
the the data file or — even
less convenient — backing
up the file to a USB stick
and delivering or sending it
to whoever needs the data.
3. Easy, secure
sharing

7. 4. Managed backups
You’ll e er ha e to
back up your data
file agai . It’s
always a surprise to
me how many
business owners do
not back up their
data — or think
they have backed
up their data but
ha e ’t — only to
lose weeks or
months worth of
work. Just think of
the ti e you’ll sa e
not messing around
with the actual
backups.

8. Moving to cloud computing
may reduce the cost of
managing and maintaining
your IT systems. Rather than
purchasing expensive systems
and equipment for your
business, you can reduce your
costs by using the resources of
your cloud computing service
provider.
You may be able to reduce
your operating costs because
the cost of system upgrades,
new hardware and software
may be included in your
contract
you no longer need to pay
wages for expert staff
your energy consumption
costs may be reduced
5. Reduced IT
costs

9. About us
Real Time Cloud Services has been
at the forefront of cloud hosting
services for more than a decade
delivering significant business
value for its clients.
Today, RTCS offers a
comprehensive range of cloud
solutions like application
hosting , managed hosting, hosted
PBX, dedicated servers to its
valued customers helping them
achieve their business objectives
by providing innovative best in
class virtual office solution.
For more details visit:
www.myrealdata.com
Call (Toll-Free) 1-888-408-6044
for Instant Inquiry!

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11. References
• 5 benefits of cloud accounting - MYOB
• Benefits of cloud computing - business.qld.gov.au
• Get Your Facts Right: Busting Top Cloud Accounting Myths - My Real
Data
• Cloud Accounting- The Next Big Thing for CPAs - My Real Data