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  • Free Financial Counseling

    Published Thursday, September 22, 2011

    As a valued member of PrimeTrust Financial, we are providing you with free access to money management and financial education services through Accel Members Financial Counseling....
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Hey, You! Get Off of My Cloud!

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Published Friday, December 16, 2011 7:00 am The ability to store and use data and software on a third party’s network has enabled business owners to avoid the costs of acquiring the hardware and software required to establish these resources.

While cloud computing still involves some risks to the security and reliability of your business data, it allows your business to use these computing systems without the need for the infrastructure and development required to do so on your own. Your business can avoid expensive maintenance costs required to maintain such systems. 

One example would be QuickBooks and its online accounting software. The online nature of this service allows you to access your accounting records wherever you have an internet connection. This will allow for more availability of your data and the fact that it is backed up securely in the QuickBooks server, off-site. The main concerns for services such as these are the fact that access is lost when network outages occur and also that you have no direct control over the security of your data. 

Even though cloud computing may still involve some risks, it is here to stay and will have a great impact on how we do business. Take some time to evaluate your business systems and see if cloud computing makes sense for your accounting or records storage needs.

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