Cloud Accounting transitions: Why it’s the next big thing!

Cloud computing is the future. It’s a pretty bold statement to make, but it’s true. If you run a business, cloud accounting is something you need to take seriously, and if you’re an employee or job seeker, still devoid of this new found treasure, then you might as well just toss your resume and quit showing up for those interviews or spending time tweaking applications and CVs.

The point is, to get the biggest paychecks, you must be ready to give recruiters the skills they’ve got their eyes on and for their business growth.

Choose cloud accounting and you will most certainly be future proofing your career or your business accounting processes.

The Future of Daily Life: The cloud

Cloud computing is a form of Internet-based computing that provides shared resources, software, and information to computers and other devices on demand.

It is a model for enabling ubiquitous, convenient, on-demand access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.

The cloud can be described as the perfect storm: the convergence of three major trends—computing trends, technology trends, and societal trends—that are changing how we live, work and play.

The cloud provides a set of tools which allows businesses to better manage their IT infrastructure. So if you’re a “casual accountant” now is a good time to make the tech transition.

What is cloud accounting?

Cloud accounting is accounting using software accessed over the internet that is hosted remotely on the cloud. Its services are designed to make it easier for businesses to manage their finances by providing them with cost effective, easy-to-use software, which can be accessed from anywhere with an internet connection.

The following are some of the reasons why recruiters look out for cloud accounting proficiency

Cloud accounting offers many benefits for businesses, including lower cost and ease of use. It allows users to pay only for what they need because they don’t have to buy expensive hardware or software licenses.

It also allows users to access their data anywhere as long as they have an internet connection. This means that if you’re away from your computer or office and need a report or invoice, you can just log into your online account and get what you need right away

Recruiters also require this proficiency because it is a great way for candidates to demonstrate their skills in the areas of:

  • Microsoft Excel, Word and PowerPoint
  • Data entry and manipulation
  • Accounting principles and concepts

Reduce risk of data loss/theft. Since cloud applications are stored off-site, this eliminates the risk of downtime or data loss caused by viruses or theft from your local servers or network storage devices.

Improve productivity and efficiency by reducing manual processes and freeing up employees’ time so they can work on other important tasks that require their attention!

What does this mean for job seekers?

Managing your cash flow and other accounting tasks are important. But it’s an herculean task when it has to be done with little or no professional tool or expertise. It’ll require extra energy, time, skill and discipline, thereby resulting to burnout amidst a slow career growth.

However, the good news is that you now know that recruiters and employers are in search of cloud accounting experience in applicant’s portfolios and resumes, to demonstrate expertise in accounting for management functions.

In addition, young graduates aren’t left out in choosing between the different accounting programs, as cloud accounting allows them to access accountancy material anytime and anywhere at a fraction of a traditional learning centre’s cost.

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