What about if the online provider goes bust? Then what happens? I genuinely fail to see why people put so much faith in these online accounts packages.
Hello citycm,
I can understand from the conversation above that you are very hesitant about online accounting software. It's understandable to feel this way initially - but there are so many benefits that can outweigh any concerns.
You've mentioned two possible cons: security and the possibility of the online provider going out of business. As has been explained before above, security is a non issue if you choose a reputable and established online accounting software company. And while you're choosing such a company, you'll find that their chance of "going bust" is also very, very slim.
The E-conomic company for example has been in business since 2001, and in the last two years we have more than doubled our number of customers. 10 years ago, online accounting software was brand new and unknown, but now many people are increasingly converting from offline systems due to the flexibility, the ease and the freedom of online solutions. With more than 90 employees supporting customers in 9 countries, trust me - we're not going anywhere!
If the monthly costs are holding you back (E-conomic is 12.99 a month), then there are a number of free online solutions - with far less functionality of course - that are just as safe and secure. Look through the free accounting software forums here on UKBF and see what people have to say.
I am writing this post because I want to let you know that your fears have been heard, and no decent online accounting provider will allow them to become reality. And since it's so difficult to find an offline accounting system for a Mac, online accounting is an option that you should definitely consider - and may even love!!
No matter what, good luck finding the right solution for you and your company!
All the best,
Alexandra Amarotico
E-conomic UK
e-conomic.co.uk
Dukesbridge House
23 Duke Street
Reading
Berkshire RG1 4SA
United Kingdom