In recent years, accounting served on the cloud has become very popular. Cloud accounting is hosted in the cloud, as a Software as a Service (SaaS). It provides real-time reporting and financial analysis, and can handle multiple types of transactions more efficiently.
Cloud accounting serves the same function as on-premise accounting software that you would install on your computer, except it runs on servers and you access it using your web browser. Your data is securely stored and processed “in the cloud." This means you’re able to access your business financials from anywhere and at any time, as long as you’re connected to the internet.
There are many benefits to using cloud accounting. Your company will enjoy the flexibility of accessing your data from anywhere, and you never have to install software on any device, with automated update.
FinancialForce.com is the global leader in cloud accounting solutions built on the salesforce platform. FinancialForce is meant to do for finance what salesforce has done for CRM. Let us serve your accounting needs on the cloud. Take a look at the quick guide to cloud accounting to learn more.