Safety in the Clouds: The Best Way to Protect Your Accounting

And this is the reason why you should use a cloud-based accounting solution. However, some people are still skeptical to this date about cloud computing, as they prefer keeping their data where they can see them. We don’t say that they are wrong; but read this article and you will understand why it’s more secure to store your business data in the cloud rather than locally on your computer.

No unauthorized access

With an online accounting solution you, the owner of the account, are the only one to give authorization to anyone you want and you can determine what the authorized personnel can see. Furthermore, thanks to the audit trail, which cannot be turned off in QuickBooks Online, you can always see who made the last modifications in the data.

Two-step authentication

Using a two-step authentication, for instance at Xero, you not only have to sign in with your username and your password, but you have to type in a passcode with the help of your phone as well. This way, you can make sure that your data will never be touched by unauthorized persons in case your login credentials for the accounting software are stolen via phishing.

Bank-level encryption of data

Internet banks and e-commerce sites use 256-bit SSL encryption, signified by the lock that appears in the left corner of your browser’s address bar. Online accounting solutions use the same sophisticated encryption, making sure that no hackers can steal your data while you are working.

Continuous backup and updates

Multiple servers at your service

Online accounting companies rent or own multiple servers at the same time, often at different physical locations. This ensures that when one server goes out for some reason, another server can take over and continue running the user accounts. And the best part is that the transition between two servers is flawless as all servers are running parallel at the same time, so you won’t even notice if a server goes down.

Super secure servers