Cloud accounting- a matter of personal preference
Cloud accounting is being presented as the future of Accounting . Those businesses not jumping on the bandwagon are , at best, labelled : “considering the move” or cynically as : ” requiring education” !!!
Whilst I am not entirely against the principle of cloud accounting, I do feel that there is a decision to make and many factors to take into account before moving to cloud – one of which is security. I am not happy with the way cloud companies are quick to dismiss security concerns. There is much more to it.
I sometimes ask myself how many accountancy firms actually run their own internal accounting system on cloud . If they are so eager to promote cloud accounting to clients , shoudn’t they set an example ? No doubt, they will say that cloud accounting does not have the features that they need .