Drake Hosted can solve these problems and help you prepare and process returns quickly and efficiently. Having said that, hosting the tax software on the cloud allows you to stay focused on your core business operations rather than facing any tax challenges. Read on to explore how many more ways Drake tax software hosting can prove to be a boon for you.
1. Cost-Effective
Significant financial implications are involved in setting up a dedicated in-house server for Drake Tax Software. It’s not only the IT infrastructure and the adjacent hardware, you’d also need to hire IT professionals to maintain the regular upkeep of the system. As a result, you might end up investing a lot in establishing an in-house environment to host Drake software.
To eliminate a significant portion of these expenses, you can opt for Drake tax software hosting solutions. Your cloud provider will take care of everything from software deployment to maintenance and technical support. This proves to be an excellent opportunity for you to ensure an affordable alternative to hiring in-house IT professionals.
2. Enhanced Data Security
Data security is of utmost importance for businesses of all sorts and sizes. Since the inception of the pandemic, many businesses have constrained themselves to the work-from-home culture. This, in turn, has increased the risk of ransomware attacks and security breaches resulting in data leaks. Affording robust security could be a challenge for a few businesses as they need to hire cyber security professionals to ensure data security. Similar to the Accounting software like QuickBooks Cloud which provides the same feature with high security.
When tax professionals host Drake on the cloud, it is directly maintained and monitored by the tax software hosting provider. High-end security features like multi-factor authentication, firewalls, end-to-end encryption, anti-virus, Intrusion Detection and Prevention Systems (IDS & IPS), and automated backups keep your tax data more secure than a local system.
3. Remote Access
One of the most significant advantages of the Drake tax software hosting solution is that you can access your data from any location. You need a compatible device such as a laptop, smartphone, iPad, or tablet to access your data. It means you need not be physically present at your workplace to access your data or work on it. From the comfort of your home or while on-the-go, you can review your data and always keep a tab on your business workflow.
4. Excellent Performance
Instances happen when you see a drop in the performance of your local device while using Drake tax software on it. Further, it decreases your productivity and often leads to data entry errors. Such occurrences hamper the growth of your tax business and slow down its overall development.
When you avail of Drake tax software hosting services, you can easily mitigate these issues, as the cloud service provider uses high-performance computing servers. As such, you eliminate the risk of encountering any performance lag even while handling large data sets. Besides, you get the option to integrate Drake software with multiple add-ons and still experience excellent system performance.
5. Disaster Recovery
Neither the natural calamities nor their impact is in our hands. Occurrences like floods and earthquakes can cause irreparable damage to various businesses, including the tax and accounting industries. In some cases, recovering data from the on-premise systems becomes extremely difficult, which results in the loss of clients and the reputation of a business.
To avoid such instances, you must be prepared beforehand. Drake tax software hosting can be an ideal choice as it ensures data replication in multiple servers across multiple geographical locations. If there’s an impact on one of the servers, retrieving your data from another with cloud hosting in place becomes easy.
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