The advent of digital transformation has led businesses to reconsider traditional, on-premise accounting software. As more companies aim for efficiency, agility, and cost-effectiveness, cloud-based accounting software, like Entera, is becoming the go-to solution. Recent research reveals that 65% of businesses have experienced enhanced efficiency since shifting to cloud accounting. So, what's the difference between cloud and on-premise accounting, and why is the shift towards cloud-based solutions happening?
On-Premise Accounting Software
On-premise accounting software is installed and run directly on your local computers and servers. While it offers control and customization, it also presents a set of challenges:
- Limited Accessibility: Unlike cloud-based solutions, accessing data remotely is not always possible with on-premise software, making it less convenient in our increasingly mobile world.
- Higher Initial Cost: Buying licenses, setting up servers, and installing require a substantial upfront investment. Add to that, the maintenance and upgrade costs over time.
- Security Risks: Although you have control over data, the onus of securing it falls on you. You may need to invest in additional security systems to safeguard your data.
Cloud-Based Accounting Software
A recent study revealed that 65% of businesses acknowledged that implementing cloud-based accounting software has significantly improved their overall efficiency. It's no surprise considering the multitude of benefits cloud accounting brings to the table, especially with powerhouse solutions like Entera.
Adopting cloud accounting is not merely about keeping up with the technology curve. It's about strategically optimizing your business operations for improved efficiency and potential growth.
Want to get a free trial of automated data entry with Entera or have questions?
CONTACT US
+91 (807) 127-9897
team@entera.global
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- Accessibility: No matter where you are, Entera ensures that you're just a click away from your crucial accounting documents. As long as you have an internet connection, you can access your accounting data with ease and flexibility. This truly mobile accounting solution makes your business omnipresent.
- Time Efficiency: Entera is designed to streamline your accounting processes. With faster invoicing and processing of other documents, your financial reports will be ready much faster and you will time free time for more important tasks.
- Cost-Effective: Entera helps you to make considerable savings on hardware, maintenance, and upgrade costs traditionally associated with on-premise software. Choose the subscription that suits you, and only pay for what you need.
- Superior Security: Despite common misconceptions, cloud accounting with Entera is secure. We employ top-tier security protocols and certificates, ensuring the absolute safety of your precious data.
- Focus on Business Growth: Automation of repetitive accounting tasks frees up valuable resources. This allows you to accommodate new clients without the need for additional staff.
Adopting cloud accounting is not merely about keeping up with the technology curve. It's about strategically optimizing your business operations for improved efficiency and potential growth.
Want to get a free trial of automated data entry with Entera or have questions?
CONTACT US
+91 (807) 127-9897
team@entera.global
Write on WhatsApp
