Accounting is a necessary but tedious task especially for companies that operate from multiple locations and have to consolidate their numbers to get a picture of the whole.
Accounting systems allow companies to make this job easier. Various accounting softwares are available in the market. Companies can then choose from these products, built from the ground up, bought off the shelf or purchased from a distributor and implemented in the company premises – depending on their specific needs and capabilities.
Such traditional accounting systems however entail a considerable cash outlay, minimum hardware requirements that also need periodic upgrading, staff training. On-premise accounting softwares store the data in the premises of the organization, and users can only have access to the information – and the system itself – when they are in the premises of the company.
Now comes Cloudtech, heralding the merits of an accounting system in the cloud.
Cloud technology is a natural consequence of the advent of the Internet and the flexibility, efficiency and mobility it provides. Merging the benefits of a traditional accounting software, thus, with what cloud technology has to offer, results in an even better option for companies that want to revolutionize their processes: Cloud accounting.
NetSuite Overview and Demo
The Netsuite accounting system as offered by Cloudtech provides the same benefits to users of accounting systems, and more. It is able to consolidate information in real time such that the information generated presents an accurate snapshot of how the company is doing.
Since its hinges only on a reliable and secure Internet connection, the user also does away with the need to have sophisticated hardware – that regularly needs upgrading, anyway – available.
Furthermore, the Netsuite cloud accounting software is offered not as a product but as a service that users can subscribe to when they ned it, and however they need it.
Imagine the cost savings, the efficiency and the competitiveness occasioned by Netsuite’s cloud-based accounting systems. Because the cost is no longer prohibitive, more companies will be able to ride on the wave of cloud technology and take their businesses to new heights – really, on the cloud.
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