Cloud-Accounting.com helps you take a closer look at the emergence of on-demand, internet based accounting services, in order to apply it most effectively to your business context.
Improving productivity, increasing transparency and reducing costs will remain a priority in the way business performance is viewed even in the economic recovery phase. Both the CPA profession as well as the Finance and Accounting function in small and mid-sized businesses will respond to this need by adopting cloud-based financial applications. But it does not stop there. Finance and Accounts Departments of larger companies will also look toward cloud computing with the same objective. It goes further than this too. Even bigger advantages are waiting to be tapped by engaging accountants from around the globe, especially from lower cost destinations. While it is true that cloud based applications will usher in the era of cloud accounting, it must be noted that accountants need to also be transformed to cloud accountants or Web 2.0 accountants to maximize the objective of improving productivity, increasing transparency and reducing costs.