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Cloud Accounting Software is somewhat similar to traditional, desktop based solution but the major difference is that it is hosted on remote servers. All the data is being sent to the Cloud where it is processed and stored so that it can be accessed anywhere around the world. The benefits to the end user include access to real time data from anywhere with just an Internet connection and from any device including laptops, smartphones, and tablets. Employees have greater visibility within an organization and can collaborate more effectively with their team members.
Cloud Accounting Software are often subscription based, and customers can upgrade their monthly or annual plans to meet the growing needs of a business while adopting Alrasmyat Cloud based Accounting Software will give you such a service in which you need not to pay extra for subscription.
There are multiple reasons why software ranks better than traditional excel spreadsheets for the management of accounts;
- Ease of Use
An Excel spreadsheet is basically a blank slate on which you can store important financial figures. You can type in any numbers and using formulas you can perform any of the calculations you want to do. However, if you are not an Excel expert, then you won’t be able to know how to tabulate your finances. To be on a safer sider and be more efficient, use Alrasmyat Cloud Accounting Software. This more powerful software is just as easy to use as an Excel spreadsheet, with an added benefit of built-in analysis, formulas and automating features. You don’t need a specific accounting degree to use this software because it is such an easy and adaptable software.
- Improved Productivity and Profitability
Alrasmyat Cloud based Accounting Software offers the best visibility into business operations that can improve productivity and profitability at the end of the day. With this software, you can monitor supply chain, manufacturing operations, project or services management, human resources, and other business elements with this single software platform. You can also learn what products or services are your most profitable, streamline operations, and keep on track with your strategic goals and make more effective strategies. Hence, excel simply cannot provide this type of insight.