What’s the biggest factor standing in the way of the use of online accounting systems? Users fear loss of control of their data, including both deliberate theft, and accidental disruption of communication that would leave their organizations without access to financial records.
We can’t do much about the theft issue or worries that an online vendor might go bankrupt while holding its clients’ accounting data. But there might be something that can be done about the worries that the data lines will go down. Somebody, maybe users, will realize that their data is nowhere in more danger than in their own hands, and is actually more secure at some high-tech facility with state-of-the-art back-up. After all, offices are burned, flooded, ripped off, and infected with viruses a lot more often than the data lines go down. But until a cultural shift occurs and businesses accept that reality, it’s time to stand off-site back-up on its head.
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