Why Small Businesses Should Migrate to Sage 50 Cloud?
Updated On: October 14, 2024 6:44 am
Being one of the best payroll and integrated accounting software market leaders, Sage 50 is hugely popular amongst various small businesses. Whether it could be about managing invoices, finances, or cash requirements, Sage 50 manages to cover them all.
User Navigation
Although the software comprises an all-inclusive feature that your small business might need, however, using it in a desktop-hosted environment can also lead to work-related challenges. This is where the requirement of hosted Sage 50 solutions is greatly felt. One could say that data backups, and hosting the Sage 50 application on the cloud can result in exclusive benefits such as cloud security, remote access, high uptime, and a lot more. To summarize, hosting the application within the cloud makes it much easier for the user to be able to send and receive payments, and employees, manage customers and vendors, and also track their finances hassle-free.
Let us get to know more about the various other benefits of the cloud-based Sage 50 solution and Why Should Small Businesses Migrate to Sage 50 Cloud.
The Benefits of the Hosted Sage 50 Application
Being a cloud-based accounting solution, Sage 50 Hosting works on an Infrastructure-as-a-Service model. It also offers you on-demand storage and networking resources, the required computing, and hassle-free use of the accounting application. Hence, leveraging the smart cloud accounting methodology, a hosted Sage 50 platform ensures you can remotely access the same desktop version of the software with the same interface. However, here, you get more storage and processing capabilities.
While there are various advantages of the cloud-based Sage 50 application, the below-mentioned are some of the most useful ones:
Global Accessibility:
The ever-growing competition has led the businesses to stay up-to-date and on top of all the processes. The hosted Sage 50 platform ensures you access software from across the globe. All that is required is an internet connection for various devices like laptops, smartphones, iPads, or tablets. This way the users can easily access, share, and use the Sage 50 application from any location and even on the go while making the most of your operations.
Cost-Effective:
Using a hosted Sage 50 platform removes the requirement to invest in on-site servers or hire additional IT personnel. The user might be required to pay a minimal monthly rental for the Sage 50 Cloud Hosting services. Also availing the services from a reliable cloud hosting provider not only streamlines the IT infrastructure but also ensures that the upgrades have been carried out on time. Apart from this, if the user has any cloud-based Sage 50 query or issue, they can contact the service provider for immediate help.
Paperless Environment:
The transition from a conventional paper-based accounting approach is not exactly simple for every business. Most accountants are accustomed to making entries on physical files and hence storing them within local databases. Hence, it offers the user the ability to switch to the hosted Sage 50 platform. This allows the user to go paperless at work. The cloud-based Sage software also offers you access to a centralized database that can cater to and replace various documentation needs. Apart from this, one can also get an excellent opportunity to eliminate labor-intensive paperwork and adopt a paperless culture that is environmentally friendly.
High Uptime:
One might know that the downtimes are directly proportional to a loss of productivity and a loss of potential revenue. Also, the frequent downtimes usually result in the loss of important files and data, which usually becomes a nightmare for small businesses. However with the help of hosted Sage 50 in place, one can ensure a high uptime of 99.99%, thanks to high-performance cloud servers that keep businesses up and running.
Automatic Backup:
The use of a cloud-based Sage 50 solution allows you to get automatic data backup without changing your IT infrastructure. In case there is any disaster or natural calamity, all your financial data will remain intact within the cloud servers without requiring you to implement an additional backup system.
Tips to Find the Best Sage 50 Hosting Provider
Now that you know about the various benefits of migrating your Sage 50 application to the cloud, you need to know what to look out for from the service provider in case you are planning to avail of the services. The below-mentioned are some of the important factors that one should check before opting for the service provider:
- Check for Technologies and Service Roadmap – You can easily check if the cloud hosting architecture and the service provider’s technology are aligned with your existing infrastructure.
- Data Security and Management –You can easily assess the electronic and physical security measures, security governance, and operational procedures of the service provider. The security protocols of the service provider should be in sync with the business policies to ensure the protection of your tax data.
- Check for Certifications and Compliances – It is now possible to check if the cloud hosting service provider adheres to the set standards of SSAE like HIPAA and GDPR. This will ensure that you get the best experience in cloud accounting with the help of top-notch data security.
- Check for Reliability and Performance –You can easily ask about the strategy to deal with downtime. Make sure that the service provider has a well-defined process to ensure high uptime. In order to avail high-quality performance, check if the service provider uses SSD servers and adequate computing resources.
- Check for SLAs and Contracts – You can check if the hosting provider is offering the hosted Sage 50 solution on monthly subscriptions, as you might not want to opt for a long-term contract. Likewise, you can also make sure, that the agreed terms between you and the cloud hosting provider are mentioned in the SLA.
- Check if Customizable Plans Are Available – According to the business needs, the Cloud-based Sage 50 accounting plan has the immense potential to add more value to your practice. Hence you can always choose a service provider who can offer you a tailored Sage 50 cloud platform that aligns with your business objectives and budget.
Conclusion!
So you see, the hosted Sage 50 application allows small businesses to fulfill the accounting works that were previously available to only the more prominent organizations. Hence, availing the cloud services for the accounting software ensures that the entire accounting process stays simple. Also, it helps you save money and increase your business efficiency without any complexity. Thus you can stay in complete control of your accounting business and ensure transparency of expenses. This is all that we have at the moment on Why Small Businesses Should Migrate to Sage 50 Cloud. Do share your thoughts on the article with us in the space below.
Frequently Asked Questions (FAQ):
Why is it recommended for a company to use Sage 50?
Sage 50 helps manage and analyze the cash flow. Now you can easily view where revenue and expenses are coming from, and use projections to anticipate future cash flow. The Cash Flow Manager offers an instant snapshot of cash accounts, cash expected to come in, and cash expected to go out.
What are the benefits of using the Sage 50 accounting software?
Automating your data entry not only helps save you time and effort, but it will also enhance the complete process! Now you can easily benefit from the increased accuracy, easier collaboration, and shared document storage – and also because documents are stored securely in digital form, there is no more need for bulky paper copies.
Is Sage 50 cloud-based?
With the help of cloud capabilities, Sage 50 offers the user a much greater flexibility and freedom on how you work and also allows you to collaborate with your accountant, thus sharing data securely.