1. Flexible Access to Your Tax Data
Cloud allows users to work from anywhere and at any time with an Internet-enabled device. This easy accessibility adds great convenience for the users. Multiple users can access and share the same files and data simultaneously with no disruption.
With a collaborative platform, the cloud makes it easier for tax preparers or CPAs to coordinate with their clients to make necessary changes in their tax filing process.
As there is no restriction of being tied to a local system, productivity increases, irrespective of the location from which you are working. It is easier to work on Drake hosted software as the user-interface is the same as the desktop version.
2. Huge Cost Savings in the Cloud
Drake hosting results in cost efficiency as it reduces the cost of IT infrastructure significantly. There is no need for software installation, upgrade, maintenance, or even a dedicated IT staff, as all these things are taken care of by the cloud provider.
Moreover, cloud services free you from capital expenditure. You just need to pay for what you use and enjoy the services based on your subscription plan. Moreover, as downtime issues are rare in the cloud, you don’t have to spend money to fix potential downtime issues. It is a misconception that only large companies can afford cloud services, when in fact, they’re extremely affordable to SMBs.
3. Enhanced Security
Gone are the days when technical experts doubted security in the cloud. In the past few years, security in the cloud has elevated to much higher levels. With advanced security techniques such as firewalls, anti-virus, multi-factor authentication, automated backups, end-to-end encryption, and Intrusion Detection and Prevention System (IDS & IPS), your tax data is more secure than a locally managed system.
Users can even remotely wipe out their data from stolen or lost systems to avoid it getting in the wrong hands. Drake hosting providers are also equipped to prevent data loss from any human error or natural calamity with well-documented disaster recovery procedures.
4. Get 24/7 Support on The Cloud
For a smooth tax process, it’s essential that all your issues are resolved on time. Most tax professionals aren’t able to hire a dedicated IT team to handle their tax issues. However, with Drake tax software hosting, you always have a well-trained team of industry experts to ensure that your software runs smoothly and is always accessible by the users.
5. Cloud Ensures Backup and Disaster Recovery
Tax data on the local system is always prone to permanent loss due to various reasons like data theft or software damage. Regular data backup or disaster recovery solution is one of the reliable ways to protect your data. However, most tax professionals and CPAs find it a little heavy on their pocket and are usually ignorant to take these steps.
With Drake cloud hosting, you will get automated and secure data backup stored in multiple locations on a regular basis. Therefore, even if you make small changes or accidentally delete some files, you can easily recover them.
More info: Drake Software | Microsoft Access Database
Regards, Bruce
Some of these advantages are enlisted as follows:
Always up-to-date
The users have the most recently updated information about their files and data. Besides, by purchasing the services from the drake tax cloud hosting providers, users constantly stay updated even if their work is scattered across several places.
Simultaneous multi-user accessibility
When you host Drake tax software in the cloud you can have access to the program very quickly and several users can use it simultaneously from different geographic locations in the entire world. The most important benefit of cloud computing technology is real-time accessibility is available at any point in time and from any location.
Facilitates the process of tax preparation
The Drake tax software hosting via a cloud hosting service provider leads to the facilitation of the complete tax preparation tasks as this software provides various automation needed in the taxation process and has customizable abilities as per the requirement of your business.
Cost benefits
Hosting Drake tax software on the cloud provides an economical solution with many price advantages. Hosting saves plenty of funds by decreasing the expenses needed for setting up local infrastructure, decreasing the hardware investments, and decreasing the expenses involved in IT maintenance.