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Hand shows a data cloud with a protective shield. The concept of data protection
The evolution of the web has led to more creative ways of productivity. In a business, the sole purpose is to utilize time that effectively speeds up processes while increasing efficiency. Cloud hosting is the future of the modern business environment and many business processes and services depend on it. Clouds can host a variety of materials or services that cater from simple needs to advanced enhancements. But, first, what is trust and why is transparency so important in a business?

What is Trust in a Business Setting?

Trust can be defined as “an act of faith or confidence and reliance on something that’s expected to behave or deliver as promised”.  Another way to define it is the basic belief that those you rely on will take care of matters or valuable assets. Trust is the foundation of healthy relationships. Cloud hosting can help build character and, in a business setting, it performs marvelously. It helps employees respect and depend on one another for tasks, duties, or operations within an organization.

In the same way, if trust is an issue, productivity levels diminish and overheads increase, causing severe stress on the overall general health of a business. If a system is consumed with errors and produces inaccurate results or insufficient information, it is prone to being ignored.  This leads to strenuous circumstances for a business that may already be engaged in fierce competition who, like cloud hosting, cannot handle lack of trust that contributes to the suffering of a business. Inter-department trust relationships improve when everyone on board senses that all others in the loop are dependable and reliable to work collectively towards company goals set earlier according to the schedule or plan.

Essential Ingredients For Trust and Transparency: Control, Ownership, Prevention, and Security

Many things contribute to trust and this brings us to the importance of transparency. For trust to be truly cemented, control, ownership, prevention, and security come into play to provide transparency to further build upon it. Control is one such important factor in trust. For example, imagine the capabilities of an ATM as a cloud hosting service where everyone trusts an ATM machine to give us money when we input the correct pin after swiping our card. However, not everyone trusts ATM machines to make deposits and some would rather visit a bank counter have a teller do it instead. When you need the money, you don’t visit the teller, instead, any bank ATM close to you for rapid access to your funds.

Ownership has seen variations of trust. For example, a pair of Adidas runners would satisfy its loyal athletic fanfare because they trust the logo and the mark that the product carries. For cloud hosting, another way of looking at it is who the person gives control of a credit card to, for example, a billing agent. It won’t be in the interest of the business if they use your card without your permission, causing it to lose trust because of misuse and illegal usage (think control) of the card in terms of ownership and they may face legal consequences. This brings us to prevention. In order to establish trust, contractual relationships are consummated. Any service that isn’t delivered has to be compensated by the service provider to the organization and this would be a valid clause in the drawn up contract. Cloud hosting service providers use SLAs (service-level agreements) to enhance and magnify trust levels. However, these don’t always help in cloud computing.  

So, security comes into play. It plays a dominating role in service failure and building along with nurturing trust in a cloud environment. For virtualization, key security issues like identification management, data leakage, control of access, VM protection, etc. are all addressed with efficiency, making it ideal for all business environments.

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About Complete Controller® – America’s Bookkeeping Experts
 Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

 

 

3D illustration. Image background concept of cloud computing.
Cloud computing has created a revolution in the technology for small companies by allowing access to a variety of skills that normally only bigger companies could afford. By means of a web browser and an internet connection, small corporations can enter into services and software based upon their needs and pay accordingly for their usage on a regular basis. An example for this can be utility services. Just by joining the “Cloud”, a business is able to access everything – from customer relationship management systems to data backup.

Cloud computing portrays a grid of remote computers to store, process, and manage applications and data. By permitting an organization’s IT operations to be outsourced to another company, the in-house IT’s infrastructure burden is shifted onto the cloud service supplier.

The demand for cloud services can be categorized into three sections: infrastructure, platforms, and software. Companies can select between hybrid, private, or public cloud deployment subject to their security concerns and needs.

A cloud provider’s services generally comprise of a system with tough security protocols, routine maintenance, and repairs for an acceptable fee (either per bandwidth and/or per user). Since its inception, cloud computing has had some major implications. However, the utmost effective benefit lies in its capacity to bring productivity and profitability.

How Cloud Hosting Can Enhance Productivity in Your Company

 

Lower Expenses and Costs

Cloud-based services are a great way for you to save money in many places such as server maintenance, power, upgrade expenses, and software licensing. More than half of small and medium sized businesses are now using cloud computing to decrease their costs. Instead of spending money on hardware maintenance, which most of the time goes unused, subscribing to services and software at a small monthly fee will help these small companies to further stretch their budgets.

Along with the skill and capability to expand in order to fulfill high demands, the cloud will also allow businesses to scale down through their slower periods. Examples of this can be using less storage space or removing users in order to save the business money.

How do you find out how much you have saved? The process of bookkeeping is a recognized and well-defined process in the field of business and accounting. Bookkeeping will help you provide all of the necessary and relevant information from which all of your accounts are formulated.

Being Connected Anywhere

The cloud permits employees to stay connected regardless of where they are located. Employees could be working from their homes, at a prospect’s head office, or on a plane. Employees located in different areas can cooperate with each other without having the need to share calendars, e-mail attachments, and task lists.

As long as there is an internet connection, employees can get their hands on all applications and business files needed to stay productive. Companies can access relevant data or inquire about the operations of the company at any time of the day on just about any device that has an internet connection. This is a major advantage for companies with remote workers.

Employees can also link and communicate with their boss and staff through instant messaging. They can even arrange for spontaneous meetings with the help of robust audio, web conferencing, and video services. Thanks to cloud-based services, it is now possible to include vendors and customers in these meetings. Due to these facilities of improved information sharing, companies are able to react more swiftly to business opportunities.

Better Reliability

Compared to services delivered on-premises, cloud-based services are more reliable, particularly if the hardware or servers are aging. In addition, the experienced and dedicated IT staff of cloud service providers can resolve problems much faster than a company with limited IT resources.

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

modern cityscape and business person, IoT(Internet of Things), ICT(Information Communication Technology), abstract image visual
The modern era has seen some amazing enhancements and changes, especially in the lives of the millions who are connected to the cyber world. Markets and businesses have evolved in their processes and, not only have their thinking patterns changed, their behaviors have also been modified. With the advent of the internet, life changed gradually to a fast-paced environment which is the outcome of research, technology, and development. Industries and marketplaces have gradually changed to create a heightened and charged up environment for healthy, but fierce, competition. Information technology solutions like cloud hosting have even helped it grow for the benefit of more than just the business world.

It is fundamental in nature that everything improves in order to thrive. The web and its global village effects have become an ideal instrument for more than just sharing files or downloading mp3s. Its vast practical application and usage have led to smarter thinking which encompasses the internet as a world where anything and everything is possible. Some say that it’s scary. And, it can be true; things can get unpredictably complicated without precautionary measures. Think of cloud hosting. It is a tool of vital essence that helped shape the future and who knows what’s next!

What is Cloud Hosting?

Cloud hosting is the provision of virtual servers facilitating users for all of their computing needs and this ability is drawn from an underlying network of physical servers, all based on the web. One of the many great things about the cyber world is that, if you have the tools, work can get done faster than we could have ever imagined. Gone are the days of the typical office setup where professionals would always have to gather together to work as a team. There are supercomputers out there that help many professionals of various industries such as web design, web development, and application development, among many others. In addition, some aspects of cryptocurrency and block-chain concepts rely on cloud hosting as well. 

How It Works

There are basically two forms of cloud hosting which are called public and private clouds. They differ in purpose and usage, depending on what the requirement is.

Public Cloud

This form uses power derived from resources on virtual servers which are on publicly available virtual servers. It relies on a data communication set that is on a public network and is able to transmit data which can be stored on a cloud resource that is shared by many other servers. This form of cloud hosting requires enhanced security measures for all data that needs to be kept private. It enables encryption of data and is enough for most of the needs of users.

Private Cloud

These forms of clouds are important for places where security is a major concern. It caters to needs where privacy is of the utmost essence and it has to be fool-proof. Private clouds provide ring-fenced resources like networks and servers either onsite or with a cloud provider.

Clustered services can be found on multiple servers but cloud hosting uses networks of servers that are vast and from various locations. There are two classifications, which are called Infrastructure as a Service (IAAS) and Platform as a Service (PaaS).

PaaS

Users are provided software that can help them immediately get down to installing, creating and developing web applications. It’s not as sophisticated as the IaaS version and is suitable for non-proficient users.

IaaS

Users are given resources they use to install their software and tools for whichever environment they choose for building any kind of web application. It is customizable and appropriate for organizations with complicated IT needs and infrastructure.

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

Concept image for filing federal income taxes online and being audited. Computer keyboard, calculator and pen are placed on income tax form 1040. The 'word' AUDIT is stamped on the form 1040.

What Exactly is Cloud Hosting?

Essentially, cloud hosting is a service providing the host; the host provides the users with virtual servers for extracting and storing data which is then connected to a vast and complex network of physical web servers provided at the back end.

Usually, the clients could use the cloud hosting services for as many times as they want depending on their usage and requirements. Cloud hosting is an ultimate solution for cost-effective storage of data without using up a lot of physical storage disks on your end. Furthermore, the client is not required to pay for the extra capacity and pays only for the storage being used by them. 

What is an IRS Audit?

An IRS Audit is essentially a detailed review of an organization or a person’s accounts and the information pertaining to the financials. The audit checks that all information is reported correctly, all tax laws are being followed, and the company or individual is paying their taxes as required and, hence, verifying all the amounts paid as tax to be correct.

The Three Basic Types of IRS Audits

If you or your organization has been earning millions, there is a one-sixth chance that you might be selected for an IRS audit. If you are earning an average pay, your chances are even. An IRS audit is random and is a detailed analysis of your finances to make sure that all money is earned from lawful sources and that all taxes are being paid according to the law.

Usually, an IRS audit is triggered if the IRS notices unlawful activity that is related to your revenues or earnings. It could also be performed because the IRS notices that the taxes required to be paid are not being paid. An example of such activity is a sudden massive drop in your revenues or earnings that might point towards the fact that you are trying to hide money to avoid taxes. It is a very detailed auditing process in which details of your finances are combed through so that any discrepancies could be caught. The three basic types of IRS audits are explained below.

Correspondence Audits

These audits are the simplest audits of them all. Correspondence audits usually take place when you have a slight mistake in your tax returns which could be a human error based on typing in the correct amount.

Office Audits

An office audit is a bit more complicated and scary. During this audit, you are asked to go to an IRS office with all the correct paperwork that is required of you. This audit might be triggered if you have increased and high tax deductions – such as a medical expense.

Field Audits

A field audit, on the other hand, is similar to that of an office audit but the IRS approaches you. In such cases representatives from the IRS visit you at your home or workplace and request to look at certain paperwork and records of your business dealings.

In the case that you are being audited, you would be notified properly by the IRS via a call or letter. The letter or call would further let you in on the details of the required documents and paperwork that might help them assess your earning patterns and your tax paying patterns.

What Documents are usually required by the IRS?

When selected for an audit, the IRS notifies and informs you about all of the documents they might need to conduct your audit. However, some of the documents may include:

  • All documents that are of material in the administration of the internal revenue law
  • Records regarding revenues, taxes, earnings, expenses, and purchases for at least the three previous years
  • Complete employment records for the past four years at least

Documents required to meet IRS Standards in Cloud Hosting

Electronic times have made things faster and more accessible. Hence, it is important that you create digital copies of all related paperwork and store it in your cloud hosting services. When facing an IRS audit, not only are these documents readily available, they save both of parties a lot of time and effort, making the complete audit process more easy and quick.

According to the IRS website, the documents stored electronically which are acceptable for the audit should be prepared as following:

“The electronic storage system must index, store, preserve, retrieve and reproduce the electronically stored books and records in a legible format. All electronic storage systems must provide a complete and accurate record of your data that is accessible to the IRS. Electronic storage systems are also subject to the same controls and retention guidelines as those imposed on your original hard copy books and records. The original hard copy books and records may be destroyed provided that the electronic storage system has been tested to establish that the hard copy books and records are being reproduced in compliance with IRS requirements for an electronic storage system and procedures are established to ensure continued compliance with all applicable rules and regulations. “

In essence, all of these documents must be complete, accessible, and accurate while serving their purpose of proving all the possible transactions and details that are required and asked by the IRS Audit.

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

 

 

man holding pieces of jigsaw puzzle. business matching concept. crowd sourcing. freelancer. teleworking.
Businesses, small and large, have started to embrace the concept of a remote workplace and remote team coordination. Even start-ups have jumped on the bandwagon. Surveys have shown that remote workers put in more hours compared to their in-office hours. The impact of the employee hours is seen in the bookkeeping records of a company.

Remote work also drives you to improve communication since a lot is done in writing. However, if you are handling a remote team, how will you truly be sure that the entire team is staying productive, working on their tasks, and collaborating appropriately? With the help of a selection of online tools, you can make sure that your team is humming along daily with efficiency.

Despite the fact that there are some obvious gains and benefits in managing a remote team, businesses still have to take the problem of collaboration and coordination into account. Opportunely, the internet has helped to offer a solution. Below are some technology advances that have happened to make things simpler and easier for remote workers and employees to work together.

  1. Cloud Collaboration

They were once labeled the email killers. Despite the fact that this may tend to be somewhat of an exaggeration and that email remains the utmost significant communication tool, these new online collaboration tools provide a substitute communications platform. This platform makes online collaboration a lot more efficient.

Email might tend to be good and effective for a small team dealing with instant communications. On the other hand, the number of workers increases and there is a chance that some email replies might get lost.

The majority of cloud collaboration tools are used by means of project management tools, which helps a manager keep track of their team’s progress and also informs every person about the goals and milestones achieved.  These are tools that will allow you to assign tasks, create goals, and create tickets. What’s vital is that these tools will give a platform to you as well as your team where each and every person is on the same page.

  1. Cloud Video Conferencing

Years ago, video conferencing was considered as much of a nuisance as managing live meetings. This is because these types of meetings required expensive specialized equipment. Therefore, people had to come together in one conference room that had one video conferencing device as a way to talk to the other person located in another region.

Luckily, there have been innovations and improvements in video conferencing that have changed all of that. With the help of cloud-hosted video conferencing tools, all team members can join the conference no matter where they are located. All they need is a personal computer or a tablet. Even a smartphone will work. As long as the device has an internet connection and a camera, that member can be a part of the meeting. Besides from the advantage of modern video conferences being more accessible, it is also easier to cooperate with each other with the help of simple tools such as screen sharing.

  1. Sharing Apps And Cloud File Storage

Opposed to attaching giant files in your emails as attachments, you can now share the files through sharing apps and cloud storage. Apps such as Dropbox will allow everyone to share and access files through the internet.

Check out America's Best Bookkeepers


About Complete Controller® – America’s Bookkeeping Experts
 Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.




 

 

 

3D illustration of server room in data center full of telecommunication equipment,concept of big data storage and  cloud
Is it true that you are reluctant about receiving distributed computing administrations into your IT framework? You are not the only one. Information security is the main concern for IT experts in regards to distributed computing. Administrations, like Amazons EC2, are basically not prepared to address the security and protection needs of information touchy associations.

Since open cloud administrations offer server occasions for some customers on a similar equipment, your information can get truly “lost in the mist” when you have next to no influence over where your information lives.

Private distributed computing takes the control that most PCI and HIPAA-touchy associations require over their information into consideration. In regards to security, the significance of control over your condition can’t be exaggerated and leads most IT professionals to receive private cloud facilitating over people in a general cloud.

5 Security Tips to Consider when Contrasting Cloud Alternatives

 

Tip 1 – Know Where Your Information Lives

How might you secure your information on an occasion when you don’t know where it is? Certainly, firewalls and interruption location and aversion can keep most interlopers out and information encryption keeps the information more secure. Yet, how would you know where your information goes when you end your administration or when the cloud supplier leaves the business? Having the capacity to point to a machine and say that your information, and just your information, is on that machine goes far in the security of the cloud. Committed equipment is the key for distributed computing administrations to pass the most stringent security rules.

Tip 2 – Ensure Your Server Farm Considers Security Important

By knowing which server and server farm that your information is being put away in, you can test them for all material safety efforts that are set up. You can check whether they are SSAE 16, SAS 70 and SOC 2 evaluated, on the off chance that they have customers who are HIPAA or PCI ensured. Overseen administrations can, likewise, include the ability to make your applications, information, and business stronger. Administrations such as oversaw firewalls, antivirus, and interruption recognition are offered by legitimate server farms or cloud suppliers and take into consideration expanded safety efforts for oversaw servers.

Tip 3 – Test, Test, Test

Accept nothing. The best way to ensure something is secure is to test it. It is not unheard of for profoundly information touchy associations to contract a gifted moral programmer to test their security arrangements. Defenselessness checking and appraisals are similarly as vital inside the cloud as they are outside of the cloud. Odds are that, on the off chance that you can figure out how to get unapproved access to your information, another person can too.

Tip 4 – Get References From Others

Get references from different customers. If all else fails, approach your cloud supplier for customer references that require stringent safety efforts. Budgetary, medicinal services, protection, or government associations are a decent starting point. While references don’t ensure anything, odds are, if different organizations that have comparative security objectives are utilizing the supplier, you might be a solid match too. Make sure to contact these references straightforwardly when conceivable to perceive what these organizations are utilizing the cloud administrations for and the means they have taken to secure their information.

Tip 5 – Continuously Reinforce Your Information

A standout among the most disregarded parts of distributed computing and one of the least demanding approaches to building the control of your information is to ensure that, whatever happens, you have a safe reinforcement of that information. This is more about securing your business than your real information. However, it gives a similar sort of genuine feelings of serenity. We have seen huge organizations, like T-Mobile, lose their clients information by not having a reinforcement, abandoning them with nothing.

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

 

A Conceptual vision of a Datacenter on the cloud Cloud Computing
Ah, the digital era. Technology has surpassed our expectations to give us wonderful innovations like software for office automation or IT systems like cloud hosting for increased productivity. The paperless filing cabinet is one aspect of cloud IT systems that makes life easier, not just for the trees but for staff too! By virtue of the fact that the data isn’t on paper but on a cloud where servers rule the domains and you have less control, is it a good idea? There is always a threat of data being compromised or worse, the service providers terminating vital services that would certainly impact your business negatively and create a disastrous scenario.

That being said, no amount of technology can render something foolproof. However, the best industry practices such as changing passwords periodically for paperless filing cabinet purposes, virus scanning, spam filters and encrypted connection really do help with cloud hosting.

Structuring your Paperless Filing Cabinet in a Cloud

Following a set of standards as a protocol is always a smart idea to maintain any system. A paperless cabinet works depending on the requirement. A few considerations are taken into account first. First, all of the tools are required which are software (Evernote or an equivalent) and a scanner. Secondly, realize the fact that, while you are going to a paperless filing cabinet, no one else will be. Cloud hosting or not; you still have to use paper on some occasions. 

Scan all documents that are part of your business procedures like raw material purchase orders or delivery memos, for instance. After scanning, all of this data is stored in PDF format and then placed on a cloud which hosts it for various reasons and users. It can be great for many reasons. One of the biggest advantages is being able to access it anywhere, anytime. At the same time, security for a paperless filing cabinet should be balanced so that data residing on cloud hosting that is out of your control is rendered secure by going paperless.

The risk is the main focus which is lowered by storing data. The software involved in your digital cabinet helps encrypt your data. Even if your account has been compromised, the data on it would be deemed unusable and useless. Due to the encrypted nature of the data, the software wouldn’t be able to search it or find it. Depending on the nature of the business, it is a matter of preference but also an understandable trade-off. For a paperless filing cabinet on a remote cloud hosting service, sensitive data needs to be protected and, with this form of encryption, high levels are achieved.

Carrying a briefcase is a hassle but, with this technology, a virtual briefcase is created in your device that helps you access anything, anytime. On mobile devices, a higher level of security is needed so always use passwords on all such devices. You can even program your device to run an erasing program that would wipe the device clean if a certain number of login failures or attempts happen. Data in a paperless filing cabinet that is located in cloud hosting services is an asset and, thus, holds a symbolic place in the hearts of businesses. With operating systems and servers crashing, ask yourself, is this level of unpredictability required for my business? Always ensure that sensitive data is always backed up with you before sending it to cloud services. This would render any future needs to be fulfilled locally which is faster as compared to the cloud. But, when traveling, cloud hosting really makes life easier.

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.




Computer network
Companies that use cloud hosting are facing a multitude of issues. Most of these issues are related to security threats and data breaches within the cloud network. The threat of a data breach is so high that 53% of companies believe that cloud hosting poses many general security risks. The risks are the essential barriers to cloud hosting. It is vital for companies to follow the best practices in cloud hosting as highlighted below.

Services Accessible by Cloud Hosting

Before selecting a cloud hosting service, make sure that the company and IT officers are aware of the services they are getting. An important point in selecting a suitable cloud hosting service for business is Software as a Service (SaaS). Most cloud hosting companies provide access through the web. Cloud hosting provides different services such as:

  • Infrastructure as a service (IaaS)
  • SaaS (Software as a Service)
  • Platform-based services or Platform as a Service (PaaS)

SaaS is a well-known service and consists of making software applications accessible through web sources. Infrastructure-as-a-service refers to remote access to servers or storage capabilities, while Platform-as-a-service is a software-based computing platform that enables developers to design and build deploy web applications on a hosted infrastructure.

Applications Included in Cloud Hosting

Cloud hosting allows companies to put an application onto the cloud. Each application can be charged differently depending on the sources it uses. Businesses should put the applications on the cloud that they frequently need.  More importantly, regulatory and compliance issues prevent companies from putting certain applications into the cloud, especially those that involve sensitive user data. IDC surveys show that the primary uses of Clouds are:

  • IT management
  • Collaboration
  • Personal or enterprise applications
  • Application development
  • Server and storage capabilities

Transferability of Applications

An important aspect of a cloud hosting service is that it should allow easy access and transfer of different applications. Application transfer services from one cloud platform to another and from in-house cloud data centers must be easy and quick.

Cloud hosting services will have to adopt standard technologies to ensure true interoperability. The recent “Open Cloud Manifesto” supports interoperability of data and applications. The Open Cloud Consortium advocates for frameworks that allow different companies that provide cloud-hosting services to work seamlessly between them. The goal is to move an application from one cloud to another without having to rewrite it.

Security Offered by Cloud Hosting Providers

The cloud-hosting provider must offer adequate security measures to protect the sensitive data of the client. In the past, there have been several data breaches. These breaches resulted in the loss of sensitive data and loss of millions of dollars. While keeping data on a cloud has its risks, many hosting companies offer proper security measures to keep your data safe.

Before choosing a cloud hosting service, be careful when reviewing the SLA. It is essential to understand all the concepts discussed before making a final decision. The terms and conditions must be easy to understand. Reading through all publicly available data is important. Amazon, for example, maintains a dashboard that shows the state of operation of the various services and a history.

There will always be latencies on the network with a cloud service, making applications slower than running on your own data center. Many third-party vendors, such as RightScale, are developing additional services to the cloud to ensure that applications evolve and work well.

Companies that need cloud hosting services must make sure that the company is ready to adopt the principles of cloud computing. The service must have open data centers. 

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of  US based accounting professionals are certified QuickBooksTMProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.