Individuals, just like businesses, need to manage their personal finances. They must manage their regular expenses. This includes investments and credit card bills. Quicken is a popular budgeting tool that helps them manage their financial activities.
Quicken is a personal finance software that allows users to track where and how much money they are spending. You can link all your financial accounts, including bank accounts, credit cards and investments. Quicken allows you to sync all financial information together in one place. This reduces dependence on other similar applications.
Quicken is a smart tool that helps you manage your finances and save money. You should have it installed on your computer. You can add even more value to Quicken by choosing Quicken Hosting. The cloud removes all the risk associated with an on-premise setup.
These are five great benefits to hosting Quicken in the cloud.
#1 Complete Data Security
Imagine Quicken software being installed on your computer. You, the user, are responsible for protecting the data within the software. You must invest in anti-virus and anti-malware software to protect your financial information.
Adding security measures to your home can be costly. If you don’t have the technical skills to install it yourself, a professional may be needed.
Quicken hosting is the best way to eliminate all of these security risks and hassles. The cloud hosting provider is responsible for protecting your data and applications.
There are many security measures, such as multi-factor authentication, firewalls, and data encryption. Cloud service providers use security measures to protect your data. You can be sure that your financial information is safe and secure.
#2 Remote Accessibility
Many people have Quicken installed on their computers at home or work. The problem is that you might need to travel to multiple places for work or personal reasons at the same time. Quicken’s ability to be used only while you are at your computer reduces flexibility and limits its use.
Quicken hosted on the Cloud will give you the main benefit of remote access. You can access Quicken from anywhere, regardless of where you live. You can also access the software from your mobile devices (smartphones or tablets) easily.
Simply put, hosting Quicken software over a secure cloud can help you overcome geographical and time constraints.
#3 Management of personal and business-related finances is easy
It can be difficult to keep your finances current. You need to track your business expenses and personal finances if you own a business. Keep track of your profits and losses, taxes, deductions, rental rates, lease terms, and so on.
Quicken’s advanced versions, such as ‘Home & Business,’ are available. It is easy to manage everything from one location when it is hosted in the cloud. Quicken hosting is a great way to save money if you’ve been using multiple programs to accomplish these tasks or have hired others to do so.
You don’t have to worry about upgrading local storage or hardware resources because the software and data are saved on the cloud.
#4 Increased efficiency at work
Your success in life, just like your business success, also depends on how well manage your personal finances. This is a simple fact to grasp if you’ve ever been in a situation where you feel stuck due to a lack of funds or rising expenses. An individual can become preoccupied with worrying about bills, profits, losses, and other things that could negatively impact his work life.
Cloud hosted Quicken software makes it easy to manage your personal financial information. This will allow you to reduce your mental stress and increase your productivity at work. This will allow you to focus on the important things and not worry about the smallest details of your finances.
#5 Customer Support Available 24×7
Some unanticipated issues can arise when using advanced software that is hosted on a local machine. Quicken is no exception. You may need professional help to resolve them. This can cost you both time and money. The cost of the services will vary depending on what kind of problem you have.
You can also get 24/7 support by having Quicken hosted in the cloud. You can rest assured that your IT issues will be resolved quickly by the cloud service provider. You won’t even need to hire a professional.
The cloud hosting of Quicken gives you an extra boost to its features that can help with personal finances. You get a remote, secure, and effective solution to your financial problems.