The use of cloud technology in accounting is becoming more and more important over time. Cloud accounting review is in the works for businesses of all sizes and from all walks of life. The cloud market is expanding fairly quickly.
Many reports have noted that a large proportion of accountants are moving their businesses to the cloud. Some even cite that it accounts for up to 53% of the industry. They agree that cloud computing has made their tasks much easier.
But as cloud adoption increases, so do security challenges. Yes, performance has increased, but it’s difficult for smaller businesses to find the best QuickBooks cloud hosting plan that fits their business strategy. There are a plethora of options, but these options must balance security and performance equally.
Now let’s know why security and performance are important factors when it comes to QuickBooks cloud hosting:
Concern about cloud security for QuickBooks hosting
Security in the cloud is imperative to ensure QuickBooks software is secure. While your data is more secure in the cloud compared to the traditional method of storing data, it is only smart to understand the security issue in the right context.
There are procedures, specific policies, controls and technology that work together to protect data and infrastructure. The procedural implementation of these measures helps protect customer privacy and maintain data security and authenticity.
Security in the cloud can be configured when hosting QuickBooks according to business needs, size and type of organization. Factors such as data traffic and multi-user authentication can also be arranged.
Since cloud hosting is managed unilaterally, there is no need for a dedicated administration team, which significantly reduces operational costs. Therefore, we believe it is imperative to choose a QuickBooks cloud service provider that offers top-notch security that can be customized to meet your unique business needs.
Rely on a cloud provider that ensures apt security
When choosing a cloud provider to host your QuickBooks software, look for one that gives you option and control over where your data is stored and managed. You should get good information from your cloud provider about the location and capacity of their data centers.
Don’t skip evaluating whether or not they offer proper data encryption. Critical data should be encrypted to avoid data access for unauthorized users. Read your hosting provider’s security policies carefully to decide if they align with your company’s business approach.
Debunking cloud security myths
As more accounting firms move their operations to the cloud,
There are some unavoidable concerns and myths surrounding its safety.
These are some of the most common myths related to cloud security:
MYTH – Public cloud is not secure
FACT- When cloud technology was first introduced, people were concerned about the level of data security it offered. Well, as a pleasant result, given the performance that the cloud has shown, this is no longer an issue.
With decades of market presence, QuickBooks cloud hosting providers have invested heavily in security measures and the use of updated technologies to ensure your data receives the best possible security. QuickBooks providers can now back up data in different geographic areas, making it far more reliable and secure compared to on-site data storage.
MYTH-Anyone can access the data in the cloud
FACT- Loss of control, data leakage, or data mishandling are some of the biggest concerns people have when migrating their QuickBooks software to the cloud.
However, data protection is one of the main benefits of cloud technology. Data stored in the cloud is much more difficult for hackers to expose than data stored on-premises or physically. Popular research has shown that 95% of cloud security failures are due to the end user and not because the data is stored in the cloud or remotely.
MYTH – It’s easier for hackers to attack data in the cloud
FACT- It’s a common assumption that everyone’s data is vulnerable to security breaches and more vulnerable as cloud providers maintain and manage a number of data sources and data engines at the same time. On the contrary, the truth is true as most reputable cloud hosting providers employ top-notch security measures such as: B. A fully clustered multi-tiered cloud infrastructure backed by 256-bit encryption and 24-hour network monitoring. All these security protocols make your data safer and better monitored.
Decoding cloud performance for QuickBooks hosting
The performance of an accounting firm or the user experience of a particular software largely depends on the performance of the cloud. Choose a provider that can deliver stable but intermittent performance at scale.
Some of the key cloud performance metrics companies should consider before hosting QuickBooks in the cloud:
a) Scalability and elasticity: The elasticity and scalability that QuickBooks offers in the cloud helps reduce overall business costs and offers improved performance.
These factors can be evaluated using bandwidth, servers, and data warehouses. The cloud provider’s short and long-term strategy and service level should also be kept in mind.
b) Flexibility: This is becoming an important factor when evaluating a cloud provider’s performance. It is desirable that migrating applications to the cloud is inexpensive and convenient. There should be flexibility in terms of operating systems, databases and programming models.
c) Downtime: The number one agenda when migrating a company to the cloud is full 24/7 access to work to increase productivity by tenfold. For this it is more than necessary that there is minimal downtime. Evaluate the cloud provider’s performance against its SLAs for the past year. Perfection cannot be expected as downtime is inevitable and all cloud providers face it, but it should be as minimal as possible.
d) Disaster Recovery: The whole time we talked about data security. Data security becomes a major concern when a disaster or mishap strikes a site or data center. This is where a cloud provider’s data recovery module comes into play. When evaluating the QuickBooks cloud provider, learn about their backup systems, contingencies, and recovery in the event of an outage. Ask them how long the data retrieval takes and whether or not they have multiple recovery stations in different locations.
A word to deduce
Moving to the cloud is smart, but it’s smarter to be smart when choosing your cloud provider. Read and choose! Thorough research and planning ensures that the QuickBooks cloud provider you choose offers the performance and security that meets your bill and data protection needs, and is secure enough for you to trust.