The Move to the Cloud
Cloud-Based Solutions Continue to Roll-Out New Features
The Cloud is the Network
Reduced Dependency on Local Hardware
Reduced Costs Often Yield a Higher ROI
Ecosystems of Integrated Applications
Bank Feeds Cleared the Path for Integrated Applications
Example of Other Integration Options
Similarly, most leading Cloud-based accounting solutions can integrate with many of the top reporting and business intelligence platforms available today, including Power BI and Tableau. This type of integration facilitates real-time, interactive reporting of critical metrics without manually re-keying data into the reporting solution.
Other examples of tools that you can typically integrate with Cloud-based accounting solutions include:
- Bill payment applications,
- Customer Relationship Management tools,
- Data synchronization tools,
- Employee expense reporting solutions,
- Payroll and human resources solutions,
- Project management tools,
- Sales tax tools, and
- Time tracking and billing solutions.
As you can see, integration options abound for most of the Cloud-based accounting solutions available today. These third-party solutions facilitate customizing and extending your Cloud-based accounting solution’s utility to seamlessly become the “hub” of all business activities without requiring significant manual intervention. As more become aware of these integration options, expect to see small business managers move quickly to adopt them.
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Other Learning Options
K2's QuickBooks for Accountants - 8 hours