Accounting Blog

The Advantages of a Cloud-Based Accounting Firm

Posted on Wed, Feb 27, 2019
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In this recent article by Journal of Accountancy, CEO John Bly explains how LBA Haynes Strand successfully transitioned to cloud-based technology. In today's world it is necessary to be able to work remotely and have the same access as you would if you were in the office. Are you considering making the switch to the cloud? John shares three advantages our firm noticed after the transition.

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Cost Savings - Switching to the cloud provided cost savings for our firm in 2009 because we were previously buying new servers every three to five years. Once on the cloud, we didn't have to replace the servers any longer and were able to eliminate the outsourced IT department expense. 

Increased Security - Cloud computing is actually more secure than having servers in-house. When we had servers in-house, someone could have broken into our office, taken our servers, and caused a lot of damage. With the cloud, our IT department can see any unusual logins and handle any issues immediately. We also don't have to worry about the security of our laptops, since none of our employees have client data stored on laptops. 

Reliability - We've lost power about 15 to 20 times and a couple of times it was out for two to three days. If our servers were in-house, no one would have been able to work. However, for 10 years we've been cloud-based and in secure underground facilities that rarely lose power. We have 99% uptime. If we lose our power at the office, it's no big deal, as everyone has the ability to work from home. The data centers are facilities specifically designed to keep servers up and running and able to recover quickly from any problems. 

You should no longer receive delayed responses or hear that your auditor or accountant is unable to properly do the work you need until they return to the office. Accounting firms that operate in the cloud offer you streamlined responses to all your accounting questions. LBA Haynes Strand is proud to be a cloud based firm and offers the best service possible to our clients.

To learn more about how we can support you and share in the benefits of cloud-based technology, contact us

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Tags: accounting for small businesses, cloud computing, cloud accounting, accounting for business