Providing greater flexibility and enhanced levels of reporting, iplicit integrates seamlessly with other cloud applications. With feature rich functionality iplicit will help you to automate time-consuming processes, modernise your finance operations and aid business growth.
Cloud accounting is a system that allows multi-user access and safe online or remote server storage. Your users can work on your financial data from wherever they are based, whether at home or in the office, and always access the live data. Cloud technology allows business processes to be streamlined and tailored to company growth.
Cloud accounting can be very safe when implemented and managed correctly, with strong encryption, data backups, and physical security at data centres. Regular updates and compliance measures enhance security. Businesses must also practise good password management, user education, and access control to maximise safety and protect sensitive financial data.
Conventional or desktop accounting software utilises a hard drive-based approach for inputting financial data and storing records on a local computer. Users download the program onto their computer, accessing its various functions directly from that device, with data being stored on the computer's hard drive.
Cloud accounting software provides a digital platform which carries out both core and more advanced accounting functions. The data is stored in the cloud, and is accessed via the internet, meaning that users can log in on any device and in any location where they have internet access.