Interaction

How Secure is your office?

This past weekend we were notified by our building security that our office alarm went off.Instantly our thoughts were consumed by the physical assets we had in the office; our computers, printer, iPads and other hardware.But I was immediately put at ease when I thought about the most important piece to our business - our data.


Our data is backed up in the cloud. Many accounting firms are traditional in a sense that records, files and accounts are stored in filing cabinets and on local servers in the office. What would happen to your business if any of this proprietary information was breached? 


Companies need to consider and evaluate options they have to handle their data. With the latest cloud technology, there is no reason any company should worry about their data being secure. 

 

So, how do we keep our accounting and mail data secure?


Xero - Offsite backups are run every 10 minutes, with data stored in secure spaces around the world & bank lelvel SSL security employed, just to name a few.


Google Apps Mail - Interactive Accounting uses the cloud based mail provided by Google, a server/iPad/Laptop breaking in house has no affect on access for our mail. We have Postini in place as our mail back up service for our google hosted mail server as a last resort.


Mozy Pro - Online, Offsite, Backups of local server stored data. This service is still in use as a backup to all data in our tax returns and has the highest security rating available.


Is this more secure then physical data kept in house?


People often view physical security as tighter than digital security. However, fire, sledgehammers and lockpickers are not able to get into your cloud. To be on par with the digital measures, you need, backups every 24 hours (at the least), multiple copies of this information stored offsite in different countries (at least 2 usually) and the ease of gaining a backed up copy of your data in sub 15 minutes (give or take).


Having worked at many other traditional accounting firms, I'm still yet to see an example of this being done anywhere near as effectively as the above.


Small Business Example


Just the other day we had an inquiry from a business owner in Sydney's CBD, who kept all the businesses financial data on his laptop. Whilst serving a customer, this was stolen. As the tax year has only just ended, they have lost a full years worth of accounting data (not to mention personal data, copies of contracts etc. etc.).


Interactive Accounting is coming to the rescue along with Cloud Adapt to get this small business re established in the cloud and get them back on track.


Conclusion


Is the cloud more secure? The small business owner above now thinks so. What do you think?

Guy Pearson Monday, July 18, 2011
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Working in a Cloud - The way forward

The Cloud

Well, what is it? Does it really matter?


Let's focus on a question that should be key to all decisions to buy something, what benefit does it provide me?

If we focus on this in purely a benefit/cost analysis:


  • Free to trial the majority of software and cheap to purchase
  • Access anytime, anywhere
  • Less hardware requirements, you need only an internet connection
  • Regular, free, updates with little/no downtime
  • Support? - It's usually free & included
  • Simple to use

Who can benefit from the cloud the most?

Small business has the most to gain, however, everyone that likes information and places a value on it's availability should be looking into this.

For instance, Google, now has an "apps" site, with programs that provide the basic spreadsheet & document platforms that can be stored online, shared amongst peers and usage history tracked at no cost. 

What's available in the cloud for my business?

  • CRM - Client Resource Management (Client Database). We use WorkFlow Max
  • Payroll - Paycycle has a great, easy to use product
  • Mail - Google can actually host your mail and domain for free
  • Share Portfolio Management - Sharesight, can link into platforms like Xero and provide all the extra data on your portfolio automatically. 
Other options are available, for other processes and information you wish to manage. The list and features of these platforms is growing exponentially every day.

So, I want to work in a cloud with my business where should I start?:

Xero is a great way to get started in the cloud, with a simple, easy to use, versatile platform.
 
From September live feeds from all major banks & credit unions will be in place daily. No more bank reconciliations!

Want some help deciding what to use? Why not drop us an inquiry.

Alternatively, all the sites mentioned above have free trials, try them out for yourself and see the potential in the fluid concept of the cloud.
Guy Pearson Friday, August 13, 2010
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