24 May Don’t Fall Prey to These Cloud Accounting Myths
As a small or midsize (SMB) business owner, you wear a lot of hats. You’re trying to balance hiring with sales, manage cash flow, and decide what technologies are best for your business. You’ve likely heard of the cloud, but moving all your legacy systems to it can seem time-consuming, expensive, and disruptive to your operations. For accounting, though, making this move is essential if you want to grow your business.
We explain why in this eBook Busted: 5 Myths About Moving Accounting to the Cloud, and it demonstrates how spreadsheets won’t help you scale your business. Many SMB leaders like you unfortunately believe outdated information about cloud-based accounting like QuickBooks Online. Here is the truth.
Myth 1: You don’t need the cloud to scale.
It’s understandable to want the stability of your traditional methods of accounting, but sticking with outdated solutions can hinder the growth and scalability of your business. Consider that most competitive businesses today support fully remote or hybrid work-from-home staff. As these workforce models grow commonplace in the business landscape, potential talent will be searching for flexible working conditions—something only the cloud offers. You could be hamstringing your accounting hiring by not migrating some of your processes to the cloud.
Myth 2: You lose familiar tools when moving to cloud-based accounting.
While it is true that you will have to adopt some new technology when moving to cloud-based accounting, the notion that you will lose certain features or tools is completely unfounded. If anything, you stand to gain a kit of modern tools that Siegel will hand pick alongside you to ensure you have everything you need to be successful.
Myth 3: Training staff on a new platform is too hard.
Adopting new technology can be exciting, but it won’t amount to much if your staff doesn’t know how to use your new tools. Siegel will train your staff ahead of time to ensure everyone is on the same page when your new applications go live. Additionally, our experts remain available to walk you and your staff through the launch of your new solutions—holding meetings and answering basic questions as hurdles arise.
Myth 4: I lose data when I move to the cloud.
We understand that losing even a small amount of data could be a catastrophic setback for any company, which is why we make sure all data is kept safe and transferred successfully when migrated to the cloud. Even if your business has a huge database or overly large files, that data will condense to become accessible in a modern, cloud-based solution like QuickBooks Online.
Myth 5: Once I move accounting to the cloud, I’m on my own.
Siegel strives to maintain lifelong relationships with our customers. This means that when you have successfully moved to the cloud, we remain available to answer questions and offer continued support to help you use your new solutions to their fullest potential.
We know that moving your accounting to the cloud can seem overwhelming or impossible. This is why at Siegel we work with our customers step by step, evaluating their business and identifying its unique needs while using tested and proven methods to ensure you are equipped with the proper tools to ensure your success in cloud-based accounting. Contact us today to find out how we can help you move your accounting to the cloud, or subscribe to our eBook.