Cloud-based accounting is no longer a phenomenon, but an established fact. While in-house on-premises and hosted or software-as-a-service applications show no sign of disappearing, computing in the cloud, especially when it comes to financial accounting, is taking over more of the market day by day.
The reasons for this are fairly obvious and have been discussed at length elsewhere, but the effect that the proliferation of cloud-based accounting has had on the application market remains to be determined, as well as what customers have been asking for, and where vendors see the market going and the applications developing in the future. To help answer our questions, we surveyed nine vendors in this burgeoning field.
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