Do you know what QuickBooks Software is? Everyone who works in the accounting field has probably heard of or used QuickBooks. It is high-end accounting software with a wide range of features that are utilized by companies of all sizes. While its desktop version revolutionized the accounting industry, hosting it on the cloud takes it to the next level and expands on its already extensive capabilities.
The uptime-to-downtime ratio of your cloud-hosted QuickBooks software is critical here. If not correctly managed, it has a substantial impact on your QuickBooks experience, resulting in poorer business efficiency and money loss. Although downtime is an unavoidable feature of QuickBooks hosting, you can greatly reduce it by taking the appropriate precautions.
So, before we go into why uptime is so important, let’s define uptime and the causes for its lack of availability.
What Does QuickBooks Hosting Mean by Uptime?
Regardless of whether QuickBooks is running on your device or in the cloud, uptime is the entire amount of time it is running and available for your use. So, while it may appear like deploying it on local servers is a better choice, it is the contrary. The local hardware setup, no matter how advanced, is prone to failure in the future. Possibly if you have free access to your data with an on-premise installation, an unexpected hardware failure can risk its security and even render it permanently unavailable.
The amount of time a server is operational and accessible to users is referred to as uptime. This period is represented as a percentage. The server or cloud uptime in QuickBooks Cloud Hosting is entirely dependent on the provider’s service.
The (total number of hours QuickBooks is functional/total number of hours in a year) * 100 is the usual formula for calculating uptime. Uptime is directly proportional to an individual’s or a company’s productivity. As a result, a better uptime will boost productivity, which will result in a higher ROI (Return of Investment).
What is the Importance of Uptime in QuickBooks Cloud Hosting?
Here are some points which make uptime so important for QuickBooks Cloud Hosting.
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Customer Experience
Accounting firms can now provide excellent client service by hosting QuickBooks in the cloud. Cloud applications, unlike traditional methods, are accessible over the internet. It has enabled businesses to provide services from anywhere, at any time. You may easily outsource your work and get it done quickly this way.
Additionally, rather than relying primarily on in-person meetings, you can communicate with your clients via phone calls and video conferencing. However, for a client to enjoy services from the comfort of their own home, your company must be free of frequent and extensive downtime. Such downtime occurrences might also give your clients the wrong impression, leading them to seek services from other companies and costing you key business.
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Positioning in the Market
For a business to thrive, it must have a steadily growing customer base. However, to attract new customers and retain existing ones, it must consistently provide high-quality service. And it’s at this point that uptime becomes critical. Even if you have the best accounting firm with the most affordable packages, if you are not consistent enough, you will slip behind your competitors. The recurring outages set a poor precedent for your organization’s services and damage your reputation.
Furthermore, having unrivaled uptime availability provides your company with a much-needed differentiator. You may attract more customers and establish trust in the market this way.
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Economic Advantage
Another reason why uptime is so important is because of the financial implications. Assume your staff is using QuickBooks to meet the needs of your customers. However, your machine shuts down due to a hardware failure.
While a few minutes of downtime every month may not seem like much, what if it becomes a regular occurrence? You may begin to lose consumers as they seek out companies with higher uptime. Additionally, lengthy downtime will cause problems with your internal processes. This will cause delays in your initiatives and reduced workplace productivity, resulting in significant financial losses.
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Productivity is Unaffected
QuickBooks has enabled its users to be more productive, efficient, and improve the accounting process by playing an important part in the modernization of accounting processes. QuickBooks Cloud Hosting features boost the workplace and assist you in achieving greater growth output. Uptime is also a significant consideration.
Any downtime prevents QuickBooks users from accessing their accounts, disrupting the entire chain of business operations. This could cause delays in critical projects, resulting in financial loss. Furthermore, because recurring downtime tends to upset your workplace’s cadence, the productivity losses you suffer are much greater. To get the most out of QuickBooks hosting, you’ll need to hire a Cloud Solution Provider that gives an SLA-backed uptime guarantee of at least 99.995% availability.
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Performance in the Business
Integrating add-ons with QuickBooks has a lot of advantages for your company and can help you improve your business performance. You can easily generate financial reports, automate business operations, track time precisely, and manage customers with the help of add-ons.
Switching From the Desktop to QuickBooks Hosting Improve Uptime
Several local issues Or QuickBooks Errors which are solved by Quickbooks Tool Hub hinder the software’s uptime in the desktop version. When hardware fails, you must change or repair it manually, and you will be unable to access the program during this time because all of its data is kept on the local system. You may encounter a variety of issues while installing the software, and to overcome them, you must call the support service, which adds downtime and reduces productivity. All cyber risks, such as ransomware, must be handled by the local IT team, which can be time-consuming for the organization.
- The business’s productivity is unaffected by system crashes since the files may be accessed from another system because all of the data is saved in the cloud.
- The hosting provider is responsible for the software’s security, so business owners do not need to assemble a dedicated team of IT professionals to combat cyber threats.
- To keep data safe in the cloud, the service provider employs advanced security methods such as two-factor authentication, a strong password policy, and data encryption.
- The cloud infrastructure’s cluster of connected servers ensures that the software continues to work even if one of the servers fails.
- With the hosting provider’s 24×7 customer assistance, the software’s downtime is kept to a minimum.
Wrapping Up!
Your hosted QuickBooks solution’s uptime is the core. It can be a significant selling point for your clients and help you gain market credibility. When it comes to cloud business productivity, uptime is the most important factor. The usage of cloud hosting resolves practically all of the issues that affect the local system. Though the cloud subscription’s reasonable pricing is beneficial, one should not rely on hosting companies with low uptime. This could result in lower business productivity and a decrease in income.
