How can Cloud Accounting benefit me and my company?

QuickBooks Online uses advanced, industry-recognized security safeguards to keep all of your financial data private and protected. QuickBooks Online is a VeriSign SecuredTM product. VeriSign® is the leading secure sockets layer (SSL) Certificate Authority. With password-protected login, firewall protected servers, and the same encryption technology (128 bit SSL) used by the world’s top banking institutions, QuickBooks Online has the security elements in place to give you peace of mind.
QuickBooks Online (QBO) is customizable to meet the individual needs of your business, and the app store offers even more options to add features and integrate with other applications like Salesforce.
All kinds of helpful and easy-to-use cloud accounting tools, like automated invoicing, that make it easier to pay your vendors and employees, invoice your customers, track your expenses and inventory, reconcile your accounts and so much more.
You can grant access to other QuickBooks Online users, like your accountant or virtual bookkeeper, and multiple users can work simultaneously.
No backups are needed. Your information is stored safely in the cloud and backed up for you using redundant “belt & suspenders” technology.
No software to buy and install. No maintenance releases to download and install. No costly new versions to buy annually. Improvements are ongoing – there are new features all the time.
Access to your business numbers anytime, anywhere there is internet access, by any computer, even your tablet and cell phone!
Transactions from your bank and credit card accounts are downloaded automatically into the cloud accounting software for you each night. You just click to accept the transactions at your convenience.
Employees and contractors can enter their time directly in the cloud accounting system, but they cannot see your financial information.