Thursday, February 3, 2011

Are CPAs ready to embrace 'the cloud'?

What do you think about 'the cloud'? Are you ready to embrace web based applications?

Hunter Richards of Accounting Market Analyst, Software Advice posted the following to his blog
on 2/2/2011:


Hunter Richards of Accounting Market Analyst, Software Advice posted the following...


Technology enthusiasts have long praised the cost savings and simplicity of cloud computing. Early adopters have proven successful with the model, which has driven considerable growth in the market for cloud-based applications. But the late majority, including accounting firms, may yet require some convincing.

“I’m a firm believer in [the cloud] – I really am,” says Carolyn Duffy, who directs business advisory services for Hein & Associates. “But if I had some special legacy system, I would have to look at the integration issue.”

Concerns from accounting firms such as Hein about integration—or software customization, cost or IT services quality—should grab software makers’ attention, given accounting firms’ history of influencing clients’ software-purchasing decisions.

While accounting firms recognize the well-known benefits of cloud computing, many have lately voiced a variety of hesitations about moving from on-premises applications to accounting software hosted remotely and accessed over the Web. What have you heard about cloud computing from accounting firms?

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