Australian accountants head for the Cloud

Australian accountants head for the Cloud

Just as other countries have embraced the cloud for computer storage, Australia has shifted over to use the modern storage concept. In fact, as many as 69% of accountants in Australia have now started using cloud software, and the probability of that figure growing is high. Not surprisingly, perhaps, the younger accountants in the survey were more likely to embrace the cloud, while their older counterparts were a shade more reluctant. A recent survey of small and medium sized accounting firms showed that they really love and embrace using SaaS programs (software as a service).  Overall, as many as 27% of small and medium companies use cloud-based accounting programs and storage.  However, 60% haven’t even tried it yet, so the future for expansion is bright.  Even for those who didn’t use SaaS apps, they still liked the idea of the cloud, and are finding it to be revolutionary to the industry. There are two main programs that Australian accountants love – Xero and MYOB.  Accounting companies use 1.9 cloud-based apps on average, but 59% use two or more apps, so clearly this is a popular technology among those who have embraced it. Topping it all off, 96% of those surveyed who currently use the cloud plan to expand their use of it.  It helps make reporting much easier to store and share, leading to the increased use, as well as being able to access the SaaS software, saving money in the process.  Instead of each company having to purchase a full software suite, they can access what they need, usually for a small fee, on the Internet. Those who...
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