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Reason for Data Loss & How Cloud Accounting Make it safe

This whitepaper gives you a brief idea about How cloud-based Accounting makes sure about the safety of financial data.<br><br>https://fuelaccountants.com/

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Reason for Data Loss & How Cloud Accounting Make it safe

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  1. REASONS FOR DATA LOSS & HOW CLOUD ACCOUNTING MAKE IT SAFE. FUEL ACCOUNTANTS CERTIFIED ACCOUNTING ADVISOR

  2. Table Of Contents Table of Content 2 Abstract 3 Reason for Data loss 4-5 How cloud Accounting more 6-7 safe Conclusion 8 About The Company 9

  3. Abstract More and more accountants and businesses are moving towards cloud-based accounting and with  88%  of SMEs demanding cloud solutions, this isn’t something that is going to slow down anytime soon. However, we recognize that many accountants and small business owners feel reluctant about the transition. So, here’s a quick breakdown of cloud accounting and what it could mean for the future of accountancy in your business. 

  4. Reason for Data Loss Free internet can sometimes turn out to be expensive Employees use office internet casually and often do not give much thought to the security. If office computers are not protected by Firewall or internet security software, some malicious sites can quietly install malware on the system which can later harm your system and cause data loss.All reputed cloud accounting software providers use secure HTTPS connection with strong encryption levels. Firewall systems protect the data from online introdures Backups are taken only after data loss We know importance of regular data backups but are not disciplined when it comes to actually protecting our data. Even the backed up needs to be protected and organised in such a way that its easy to restore when needed. Many business owners understand this but still not take necessary steps to  back their financial data.Cloud accounting software providers take periodic backups and have systematic process to retrieve the backups when needed.

  5. Weak or No Access Control are serious threats Do you know another easy way to loose your financial data? Don’t setup any access controls on  your computer. If you don’t know what this means, then I’m sure you don’t have these controls at your office.Anyone can accidentally delete important files even without evil intentions. Its often impossible to trace if someone copies important files from the computer.In case of online accounting, nothing is stored locally and its not possible to steal or copy data without an authorised access to the software. Computers are vulnerable to the virus attacks. Every wise businessman installs a best anti- virus solution but virus makers are getting smarter everyday. Your computers are just one infected USB away from getting that deadly virus.As there is nothing to be installed in case of an online software, your data is safe in cloud (virtual servers) even when your computer is affected by a virus. You can just use another computer to access the application.

  6. How Cloud Accounting is more secure. Cloud Accounting service providers like XERO store their data on more sophisticated infrastructure which is way more powerful and secure than office premises computers. Accounting Cloud servers are protected by strong anti-virus tools and are monitored 24×7 by dedicated team of professionals.

  7. Cloud surveillance and multi-factor access control systems. Data centers are staffed 24×7 by trained security guards, and access is authorized strictly on a least privileged basis. data centers utilize state-of-the art electronic More and more business are embracing Cloud Accounting softwares like  XERO which are not only more secure but affordable too. Best part is, businesses do not need to invest time and money to ensure data security. Backup process is very disciplined and historic data can be restored within few minutes if required.Systems are designed to minimize the impact of disruptions to operations. Multiple geographic regions and Availability Zones allow you to remain resilient in the face of most failure modes, including natural disasters or system failures. Cloud data centers utilize state-of-the art electronic surveillance and multi-factor access control systems. Data centers are staffed 24×7 by trained security guards, and access is authorized strictly on a least privileged basis.Add a subheading

  8. Conclusion Cloud computing is the future of accounting procedures in small and medium sized businesses. Accountants must seek training to learn the cloud computing operations for their survival in accounting jobs. Cloud computing cannot replace an accountants. It only makes their jobs more efficient and time effective. The accounting industry is shifting from manual accounting to cloud computing in nearly all small and medium size entrepreneurships. This is the preference of business owners as well.

  9. About the Company We are a global, virtual, cloud accounting and consulting firm. Specializing in Xero – a completely cloud-based accounting platform, our mission is to help entrepreneurs create sustainable and profitable businesses. our mission is to help you be successful in your business.  We want to see your business grow and we want to see you make more money and have a greater impact on your world. Visit us: https://fuelaccountants.com/ NEW ZEALAND OFFICE 41A Bay Street,Petone,Lower Hutt 5019 CANADIAN OFFICE 55 Albert Street #105Markham ON L3P 2T4

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