Concerns
An online survey of small and mid-sized accounting firms was conducted in late 2013, asking them about barriers to adoption of cloud accounting. Security topped the list with 73 percent of respondents saying security was the top barrier to cloud adoption.
We’ve found that security is very much an issue, but it’s an emotional one, not a rational one based on the facts.
Because it’s an emotional issue, it makes it that much more important to address.
The reason it’s an emotional issue is because small business owners – and accountants – do not like giving up control of something as private as their financial information. With cloud accounting, you must in essence, turn over your accounting file to another company to keep it safe, while before you’ve had it on your own PC all this time, seemingly safe and sound because it’s simply closer to you. With cloud accounting, you end up transferring control of your files to the data center. You must trust both your accountant and this new data center with your files.
ConcernsAn online survey of small and mid-sized accounting firms was conducted in late 2013, asking them about barriers to adoption of cloud accounting. Security topped the list with 73 percent of respondents saying security was the top barrier to cloud adoption.We’ve found that security is very much an issue, but it’s an emotional one, not a rational one based on the facts.Because it’s an emotional issue, it makes it that much more important to address.The reason it’s an emotional issue is because small business owners – and accountants – do not like giving up control of something as private as their financial information. With cloud accounting, you must in essence, turn over your accounting file to another company to keep it safe, while before you’ve had it on your own PC all this time, seemingly safe and sound because it’s simply closer to you. With cloud accounting, you end up transferring control of your files to the data center. You must trust both your accountant and this new data center with your files.
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