Monday 14 May 2012

Online data management – what do accountants need to know?

Internet based data management systems can offer great financial benefits for your clients but what are the key questions to address before getting involved? An article on the Accountancy Age website, “Key Questions before entering the cloud’, looks at the steps to consider before moving data offsite. A section on data location looks at the importance of where in the world the client’s data would be stored and the legislation in that country. Issues such as the security of the data centre are also vital and their plans for disaster recovery. The sector supplying such services is known as SaaS (software as a service) and the article highlights the huge growth in this area - 18.5% expected this year to a market size in Europe of ₤1.96bn. For more on the sector and how it could affect and benefit you and your clients read the article at http://www.accountancyage.com/aa/feature/2171479/online-systems-taking-security-concern

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