In today’s world, the reality is that our data is not only safer in the cloud, but more secure, due to the encryption and fail-proof redundancies of professional hosting services. Who do you think guards and maintains data better -Microsoft or the local IT guy looking after your stuff? My bet is with Microsoft! Today’s hosting providers and SaaS solution providers use highly available, secure and scalable environments to keep our systems on the air and safe.
As an example, about one year ago, our company switched from a multi-user QuickBooks Enterprise system to QuickBooks Online. It was a little painful in the beginning, migrating our data over to a new environment. However, we can now access our books from virtually anywhere, on any device and we can have multiple instances of QuickBooks open at the same time, on the same PC. Just open up another browser tab! We can have our payables on one tab, receivables on the next and so on… Best of all, there is nothing to install on the workstations and no updates to worry about. QuickBooks was never a very good multi-user system, so saying goodbye to all those issues was a welcome relief.