accounting growth with cloud-01

Cloud technology is changing the accounting world, whether you use it or not. 

Only a few years ago, nearly all the accountants were onsite. Numbers are easy enough to work with from anywhere but speed, communication, and security made it easier to keep everything under one roof. Staff accountants had their corner of the office and CPAs worked from a fixed location serving local businesses. The technology just wasn’t there yet to do it any other way. 

Today, we have the technology to take the accounting task on the road with incredible speed and security. It’s called “the cloud.” Cloud-based accounting is reshaping the industry, whether you use it or not. As client expectations shift, firms who are in the cloud will benefit and those who are not will fall behind. Here are three ways you can use it to grow your accounting practice.

Shrink the world and specialize

Specialization is increasingly important in accounting. As business owners become accustomed to personalized services, they want to work with an accountant who specializes in their industry, niche, or in a specific service they need. It’s becoming harder for the generalist to compete. 

This type of specialization is easier as the cloud effectively shrinks the world. An accounting firm that works exclusively with lawyers, for instance, would be a challenge if you were limited to only the law firms within your community. Building a large enough industry-specific client list in your local market may not even be possible. Today, an accounting firm can serve lawyers from every corner of the country with no trouble. 

By expanding your reach and serving clients anywhere in the country or even the world, you have access to more of the exact type of clients you serve best. This is a great opportunity to zero in on a specialty and become known as the expert in your niche.

Outsource your team

Whether you work remotely or from a traditional office, cloud accounting allows you to expand your team beyond your location. You can easily, securely build a team who work from home or other remote locations. 

Looking to add bookkeeping services to your accounting firm to bring in additional revenue? No problem. You can bring in a bookkeeper, accessing the same system you already use, without him or her ever needing to come to your location to work. The size or location of your office is no longer a limiting factor when it comes to growing your team so you can grow your firm. 

This can also take the form of easier collaboration with other firms. If you don’t like payroll work, you can partner with a payroll company to give your clients a simple package deal. If you do day-to-day bookkeeping but not tax, you could work with a tax pro to offer everything under one “roof” because nothing is truly under a roof at all. You can collaborate easily and efficiently from anywhere using cloud technology to maximize convenience for both you and your clients.

Take the tech off your hands

Your clients hire you because accounting is your expertise, not theirs. They want the freedom to focus on what they do best. This is also a great reason for you to consider cloud-based accounting tools. 

When you run your accounting software in the cloud, you take technology off your hands in several ways:

  • With software running on a server elsewhere, you greatly reduce the hardware requirements in your office. 
  • IT support and regular backups are always available without having to call someone in to check your machine.
  • Off-site backup protects your critical data in the event of a fire, flood, or other catastrophes that could damage your computer systems. 

How to take your firm into the cloud

All these benefits can help you grow your firm and increase your revenue, but how exactly do you make that transition to the cloud?

Some software applications already rely on the cloud. QuickBooks Online is a good example of this. Rather than loading the software on your computers and hosting it yourself, you log in to access the software on a cloud host. But many accounting tools don’t work this way and the ones that do often have reduced functionality. Again, QuickBooks Online is an example, since the online version doesn’t offer some of the features available in QuickBooks Desktop. 

If your firm requires desktop software applications to serve your clients best, you can use a cloud hosting provider like Sagenext to externally host your software. You’ll be able to access it from anywhere with all the benefits of the cloud. This also enables you to access the same software from multiple locations if you have more than one branch or a remote team spread across the country. 

Share this post on

Start Your Free Trial

Input this code: captcha

Testimonials

Continued support

I would like to thank you for your continued support. I’m so glad everything turned out well. I owe you one.

Vishal Savadiya

Prompt service

George was outstanding; he fixed my issue within a couple of minutes and got me back to work! Thank you for such prompt service!

Lyndsey Chapman

Best tech support

Your tech person resolved this issue to the best of my satisfaction. He is very knowledgeable, helping and nice person. Thank you for this help.

Bipin Bhatt
KB Accounting & Tax Services

Exceptional service

I appreciate the exceptional service that Duke Williams always provided us at JS Morlu. He is patient, knowledgeable and extremely helpful.

John S. Morlu
Global Managing Partner

Quick response

As always, It was a very positive experience having your technician solve the issue we were currently experiencing.

Brad Pollack
Retail Service Options

Kristi PArker

Was assisted with permission setting, easy process. Thank you.

Origin Books

Mary L Zembruski

They have always promptly resolved any issues I have contacted them about.

Wilson Landscaping

Christopher Hutzel

Easy of working and very helpful

Christopher Hutzel
Compactor Service

Mandy Leong

Great customer service

Mandy Leong
Managed Staffing

Taylor Hill

Not a problem since I started years ago. Support is amazing and couldn’t be quicker. Just tonight, I emailed them and within 1 hour David helped me through an issue and resolved it as quick as I could have asked. Glad I found these guys.

Taylor Hill
Hill Tax, Payroll & Bookkeeping

Serina McCoy

Service was very quick to resolve the issue we had with logging in. Michael Olson emailed and called with in a few minutes on realizing we had an issue and had us back up and working quickly.

Serina McCoy
Gilberts Mobile Service

Mark Tevrucht

thank you reason for stars is my opion nothing is perfect

Mark Tevrucht
T&T AUTO & TRUCK

Nancy Evans

Easy to work with Aaron.

Nancy Evans
Nancy P Evans CPA PC

Tom Cloninger

Excellent service! Very responsive!

Tom Cloninger
RAN Accounting & Consulting

Rich Durso

Anderson solved my issue quickly and efficiently!

Rich Durso
RTD

Juli Hale

We’ve been very happy with the service so far. I would highly recommend Sagenext for hosting QuickBooks and other software. Thank you Michael Olson!

Juli Hale
Vico Plastics, Inc.

Nabila Qureshi

Great Customer service and support. Will highly recommend Aaron was very helpful and knowledgeable

Nabila Qureshi
Tax King USA Inc

Yelena V Moshkovsky

Great service with persistence to solve the issue and easy to reach. Anderson was a lot of help with my remote desktop issue.

Yelena V Moshkovsky
Supporting Strategies

IT Director

Sage Next have been great. We moved from 2 other quickbooks hosting providers to SageNext because it is the fastest server we could find which makes working on it much easier for our team. That plus their team is always available and very helpful!

IT Director
American Foods

Victoria

Very happy with the functionality of the hosted environment and excellent customer service. A human always answers the phone quickly and is always knowledgeable and resolve any issue quickly. Thank you Michael and your support team.

Victoria
Abacus

Cristen Rolen

Worst support team who are getting more time ever.

Cristen Rolen
Cristen CPA Firms

Ed

Aaron was extremely helpful, and resolved my issue quickly and professionally. Sagenext hosting services has been reliable, and support has always been great.

Ed
Zigo Associates

Peg Kelly

Michael Olson was very helpful, professional, knowledgeable and kind. He’s a keeper should have more employees like him. Highly recommend Sagenext.

Peg Kelly
All Star Therapy

Jon Graff

Support has been terrific, every time I’ve had issues I’ve been able to get help quickly which has resolved any issues. Michael Olson recently helped me resolve a backup issue. Thank you Sagenext

Jon Graff
The Reason Foundation

Candi

Prompt support when needed!

The College Music Society

Stacy

Sage is wonderful! Aaron was an incredible help to me!

Elfand & assoc

Brenda

Thank you so much! I use Quickbooks on their servers and they are very helpful for all my computer needs. Thank you Michael for your great support.

BDKdoor

Gwendolyn Terrell

Customer Service was great they was able to fix the issue in a timely matter.

National Tax Center

Newsletter

Free Trial

Sagenext Trial