What is cloud software?

Fortress Accounts are in partnership with software giants Clearbooks whose primary objective is to make your bookkeeping and accounting life more simpler. Clearbooks’ cloud accountancy bookkeeping software (inc invoicing software) is similar to traditional, on-premises, only the accounting software is hosted on remote servers in the “Cloud”.

In cloud computing, users access software applications remotely through the Internet or other network via a cloud application service provider. With cloud accounting, it’s easier to get real-time reporting and visibility throughout your business, with greater mobile capabilities and collaboration.

What’s the difference between Cloud accounting and traditional accounting software?

There are several key distinctions between cloud accounting and traditional, on-site accounting. For one, cloud accounting is more flexible. Accounting data can be accessed from anywhere on any device with an internet connection. Secondly, unlike traditional accounting software, cloud accounting software updates financial information automatically and provides financial reporting in real-time. This means account balances are always accurate and fewer errors take place due to manual data entry.

Is my financial data secure with cloud accounting?

Cloud accounting provides an equally secure (and sometimes even more secure) method of storing financial information than traditional accounting software. For instance, a company computer or laptop with critical financial information could be lost or stolen, which could lead to an information breach. Cloud accounting, however, leaves no trace of financial data on company computers, and access to that data in the cloud is encrypted and password protected.