Why Contractors Need Cloud Accounting

Why Contractors Need Cloud Accounting ACCOU As more businesses embrace cloud accounting, this infographic highlights why we think contractors and freelancers should do the same. Key Cloud Accounting Facts for Contractors & Freelancers Cost Reduction & Savings User Service Improvements Security Satisfaction 92% 82% 80% 50% of companies say their organisation currently of businesses are totally of cloud adopters saw improvements within 6 of companies saved satisfied with their money by moving to the cloud through purchase of fewer infrastructures, cloud-based services and months. transfers sensitive or overall experiences. confidential data to the cloud. lower ownership costs and free upgrades. Increasing Popularity Among Accounting Practices, 66% Businesses and Clients 41% 25% 66% of accounting practices are using or planning to use cloud accounting. 41% of businesses are now using cloud accounting to manage their accounting. 25% more clients are insisting on cloud accounting software. Adoption Rates 46% of enterprises in the European Union that use cloud services make use of financial and accounting software applications. 75% of UK organisations use at least one cloud-based service including Business Agility 59% of business cloud accounting solutions. leaders are seeing increased business agility due to reduced 46% IT maintenance requirements. 75% broomeO Infographic by Broome Affinity Broome Affinity are specialist contractor accountants that provide IR35 planning and tax advice to freelancers and limited company contractors in the United Kingdom. Sources: fasthosts.co.uk, csc.com, blog.nskinc.com, computerworlduk.com, accountingweb.co.uk, kpmg.com, xero.com, vansonbourne.com, ec.europa.eu, cloudindustryforum.org. Copyright © 2015 Broome Affinity Designed by InternetCreation.net