Monday, July 1st, 2019

That Mystical Place…. the Cloud

“Life is a daring adventure or nothing at all.” – Helen Keller

Now that tax season is over and somewhat slower summer months are upon us, I am hearing from and talking directly to more CPA practitioners.

I continue to be amazed at the slowness with which so many accounting firms are advancing in paperless and movement to the cloud. Many firms tell me that they are paperless in that they don’t keep paper files. Yet, they admit that paper still flows around the office (client source documents, route sheets, etc.). As for the cloud, they confess that they are “somewhat” in the cloud.

That’s why a blog via Right Networks and written by Gene Marks caught my eye. He explains The Five Risks of Not Going To The Cloud. He notes, “Yes, you should be leveraging the cloud for all of your firm’s data – including your clients’ data. In fact, not doing so creates more risk than rewards.”

I hope you take the time to read the article that explains more about these five significant risks:

  1. The risk of data loss.
  2. The risk of your internal infrastructure.
  3. The risk of your IT staff.
  4. The risk of security.
  5. The client expectation risk.

Read more here.

  • "For happiness one needs security, but joy can spring like a flower even from the cliffs of despair."
  • Anne Morrow Lindbergh

One Response to “That Mystical Place…. the Cloud”

  1. Monika says:

    Just went through the Right Networks blog and it seems to be quite helpful. However, I think there is still a lot to state about the pros of moving your accounting firm to the cloud. Mentioning below more benefits of switching to the cloud to help you get your business ahead of the curve – not fall behind it.

    1. Frees you from regular manual software updates
    2. Help you remove the paper use from the process
    3. Real-time collaboration with team and clients
    4. Work from anywhere on any device
    5. Minimal carbon footprints (environmental-friendly)

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