Michael Camp

As businesses grow they can quickly stretch the limits of small business applications. Yet, it’s not long before another limit is reached. Eventually the truth sets in. Growing organizations require automated processes, anytime-anywhere access, real-time visibility, internal controls, custom functionality, and integration with other applications. Entry-level software can’t provide these. This article from Michael Camp of Synergy Business Solutions tallies the real costs behind sticking too long with an entry-level accounting solution.

Today, the business case for choosing a cloud hosted software solution, ERP or otherwise, is more compelling than ever. The study (FERF) looked at “real” cloud software—web-based, multi-tenant—and not solutions that are hosted versions of on-premise applications.

Adoption rates for Cloud computing and software-as-a-service (SaaS) solutions are rising despite some people’s concern over Cloud security. The fact is, security and protection of confidential business data should be a concern whether it resides on an in-house server or a Cloud environment.

Switching to cloud-based financial software could prove irresistible, for a number of reasons. A lower total cost of ownership is just one of the reasons that makes cloud accounting attractive, not to mention that the variety of enterprise-level accounting solutions available ensure you can find a system that meets your business needs.