The use of cloud technology in the accounting sector is gaining ground over time. Cloud accounting reading is in the works for companies of all sizes and industry sectors. Expand the cloud market quite quickly.

Many reports have indicated that a large portion of accountants are moving their business to the cloud. Some even cite that it is as large as 53% of the industry. They are unanimous that cloud computing has made their tasks significantly easier.

But with cloud adoption increasing, security-related challenges are simultaneously increasing. Yes, performance has increased, but it’s hard for smaller businesses to find the best QuickBooks cloud hosting plan to support their business strategy. There are a plethora of options, but with those options, the security and performance aspect should be given equal attention.

Let us know now why security and performance are important factors when it comes to QuickBooks cloud hosting:

Understanding Cloud Security for QuickBooks Hosting

Cloud security is unavoidable to ensure that QuickBooks software is secure. While your data is safer in the cloud compared to the traditional method of data storage, it’s only smart to understand the security aspect in the right context.

There are procedures, certain policies, system control, and technology that, when combined, help protect data and infrastructure. The procedural implementation of these measures helps safeguard customer privacy and keep data security and authenticity intact.

Cloud security, while hosting QuickBooks, can be configured according to business requirements and the size, nature of the business. Factors such as traffic and multi-user authentication can also be arranged.

As cloud hosting is managed unilaterally, it eliminates the need for a dedicated administrative team, significantly reducing operational costs. Therefore, we see it as critical to choose a QuickBooks cloud service provider that offers best-in-class security, which can be customized to individual business requirements.

Zero Down on a cloud provider that guarantees Apt security

When selecting a cloud provider to host your QuickBooks software, look for one that gives you choice and control over where your data is stored and managed. You should be well informed by your cloud provider about the location and capacity of their data centers.

Don’t skip evaluating whether or not they provide adequate data encryption. Critical data must be encrypted to prevent data access by unauthorized users. Read your hosting provider’s security policy carefully to decide if they are aligned with your company’s business focus.

Debunking myths about cloud security

As more and more accounting firms move their operations to the cloud,

there are some unavoidable concerns and myths that arise around its safety.

Here are some of the common myths related to cloud security:

MYTH: The public cloud is not secure

DONE- When cloud technology was first introduced, people were concerned about the level of data security that would be associated with it. Now, as a nice result, this is no longer a concern, given the performance that the cloud has demonstrated.

With decades of presence in the market, QuickBooks cloud hosting providers have invested significantly in security measures and the use of up-to-date technology to ensure that your data receives the best level of security available. QuickBooks vendors can now back up data across different geographic areas, making it much more reliable and secure compared to on-premises data storage.

MYTH-Anyone can access data in the cloud

DONE- Loss of control, data leakage, or data mishandling are some of the top concerns people have when migrating their QuickBooks software to the cloud.

However, data privacy is one of the main benefits offered by cloud technology. It is much more difficult for hackers to discredit data stored in the cloud compared to data stored physically or on premises. Popular research showed that 95% of cloud security failures are caused by the end user and not by data being stored in the cloud or remotely.

MYTH- It is easier for hackers to attack data in the cloud

DONE- It is a common assumption that since cloud providers maintain and manage multiple data sources and data modules at once, each individual’s data is prone to leaks and is more vulnerable. On the contrary, the truth is true, as most of the reputable cloud hosting providers adopt best-in-class security measures such as a fully clustered multi-tier cloud infrastructure backed by 256-bit encryption and 24-hour network monitoring. All of these security protocols make your data more secure and under better surveillance.

Decoding Cloud Performance for QuickBooks Hosting

The performance of an accounting firm or the user experience of a particular software is highly dependent on the performance of the cloud. Choose a provider that can deliver consistent but sporadic performance at scale.

Some of the key cloud performance metrics that businesses should consider before hosting QuickBooks in the cloud:

a) Scalability and Elasticity: The elasticity and scalability offered by QuickBooks in the cloud helps reduce overall business costs and provides improved performance.

These factors can be evaluated across bandwidth, servers, and data stores. The cloud provider’s short- and long-term strategy and service level should also be kept in perspective.

b) Flexibility: This becomes an important factor when evaluating the performance of a cloud provider. Cost-effective and convenient migration of applications to the cloud is desirable. There must be flexibility in terms of operating systems, databases, and programming models.

c) Downtime issues: The main agenda when migrating a company to the cloud is to have uninterrupted access to work 24 hours a day, to increase productivity in multiple aspects. For this, it is more than necessary that there is a minimum downtime. Evaluate the cloud provider’s performance against its SLAs for the past year. Perfection cannot be expected as downtime is inevitable and all cloud providers face it, but it should be as little as possible.

d) Disaster recovery: All this while we are talking about data security. Data security becomes the main issue when a premise or data center is affected by a disaster or mishap. This is where a cloud provider’s data recovery module comes into play. As you evaluate the QuickBooks cloud provider, learn about their backup, contingency, and disaster recovery systems. Ask them how long data recovery takes and whether or not they have multiple recovery stations in different locations.

A word to infer

Going to the cloud is smart, but it’s smarter to be smart when choosing your cloud provider. Browse and choose! Thorough research and planning ensures that the QuickBooks cloud provider you choose provides the performance and security that fit your bill and your data protection needs, and is secure enough for you to trust.