How QuickBooks Hosting Can Help Your Startup Business
The recent research report published by the academia of Harvard Business School claims that around 75 percent startup businesses in the United States fail to succeed in a long run.
This report attributes the lack of proper long-term strategy to handle different business-critical functions as one of the primary reasons for the failure of startup businesses.
Accounting is one of the business-critical functions that startups need to carefully establish and manage to have accurate financial data at their fingertips.
Any lapses in the accounting system of a start business can lead to the collapse of the overall financial management and can also impact the long-term business strategy.
Maximum startups and small-sized businesses in the United States rely on QuickBooks Desktop for accounting and bookkeeping.
The new age entrepreneurs demand mobility, better data security and several other advanced features tagged with QuickBooks Desktop.
QuickBooks Desktop accounting software alone, however, doesn’t meet the modern accounting and bookkeeping needs of millennial entrepreneurs.
And, there comes the need for superior technology and platform to use QuickBooks accounting software that efficiently guarantees to meet unique requirement of startup businesses.
Cloud Technology: The Business Facilitator
The cloud technology has emerged as one of the most widely accepted business facilitators to enrich the overall performance and experience of any software or application.
Startups and SMBs are rapidly adopting the cloud technology to enhance accessibility, flexibility, scalability and security of accounting systems they use.
You can also manage accounting for your startup by banking on the cloud technology.
To meet the complex and urgent accounting needs of your startup and have the modern accounting system, you just need to host QuickBooks Desktop on the cloud server.
There are several advantages of QuickBooks Hosting that helps you strategize critical business functions and fulfill the new age accounting needs.
In short, QuickBooks hosting can be a game changer for the long-term success of your startup business. Let’s discuss this in detail.
QuickBooks Hosting: The Game Changer for Your Startup
Gives Better Connectivity and Accessibility
New age business owners and startups need to have round-the-clock access to their QuickBooks and bookkeepers.
QuickBooks hosting allows you to have anytime and on any device accessibility of QuickBooks from a remote location.
Reduces Upfront IT Cost
At the inception of the startup, many of you may not have enough funds to establish an in-house IT infrastructure for QuickBooks hosting, and therefore, it is always feasible to get QuickBooks hosting with a reliable hosting provider.
Bigger businesses have the leverage to build in-house infrastructure for the cloud hosting, however, for startups, it is always advisable to partner with a QuickBooks hosting provider to minimize IT upfront cost.
Improves Cash Flow Management
In case, you seek capital investment for your startup then, cash flow of your business has a big role to play. Maximum venture capitalists and investors always ask for detailed cash flow information before deciding if it’s safe to invest in your business or not.
QuickBooks hosting helps you and your accountants to continuously update the cash flow related records of your business. It also helps in providing real-time tracking and assessment of your cash flow with the integration of industry-specific QuickBooks apps and plugins.
Enhances Data Security
Your data placed on a network or server is always vulnerable to unauthorized access, data theft, loss and damage. It is, therefore, important to adopt the most advanced mechanism to have the optimal security of QuickBooks data.
QuickBooks hosting ensures data security of your business-critical financial data and several other key files. With the use of state-of-the-art infrastructure, end-to-end user data encryption and certified datacenters, your data is always safe in the cloud server.
Keeps Your Focus Intact
QuickBooks hosting takes care of your overall accounting system. In any instance of a technical glitch or network error, you will no longer to divert your focus from core business goals.
A QuickBooks hosting provider also caters to the needs of QuickBooks installation, setup and company file diversion, and more.
The Way Forward
QuickBooks hosting helps you to easily establish the robust and contemporary accounting system for your startup business, and that too at an affordable price.
If you are an owner of a startup or have any query on QuickBooks or QuickBooks hosting then, feel free to contact us.
We are a US-based QuickBooks hosting provider excelling in delivering sophisticated, customized and affordable QuickBooks experience to startups, SMBs and CPAs.
We have exclusive offers on a wide range of our QuickBooks hosting and support services, to assist your startup grow in a long-run.
- Angeela is Techarex Networks' Content Marketing Associate for Intuit products. She has worked as an eCommerce and Marketing Strategist for the last five years, helping businesses with software implementation for Customer Service, CRM and Email Marketing. Angeela thrives in helping companies find the right software solution for their projects. Aside from his obvious passion for Marketing, Angella admits to being a foodie and travel enthusiast.