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Growing enthusiasm for cloud-based accounting

Charles Wright (via SMH) | June 6, 2013
The growing enthusiasm for these cloud-based accounting packages is indicated by developments in the 12 months to the end of March this year, in which Xero tripled its Australian customer base to 51,000.

The most compelling attraction is cost. When Anderton made the switch a little more than two years ago the business had three QuickBook licences. Today there are 10 people accessing Saasu, and costs are down by about half.

He says Saasu and Xero - which he has also used in another of his companies - are much more reliable and generally more appropriate for the way business is increasingly being done online.

''The benefits of cloud-based services are light years ahead of having physical infrastructure,'' he says. ''We have transitioned most of our software to cloud-based applications ... and there is no way I would go back.''

One distinct benefit is security. ''One of my biggest worries used to be coming to work and finding that somebody had stolen our server,'' he says. ''I don't worry about that any more, and I also don't worry about doing back-ups, because that's part of the service.''

There were some downsides to the switch. He says Saasu does not generate the same range of custom reports as QuickBooks and it's difficult to switch between cash and accrual accounts, forcing the company to restructure some of its staff payment arrangements.

He has also found Saasu's system of having customers vote on feature requests means many of the improvements are not as helpful as he would like.

 

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