Free Cloud Based Accounting Software – A Viable Option for SMBs?

If you’re in the market for accounting software, free cloud based accounting software can be a viable option for your small business, with unlimited remote access, central and secure data storage and some of the best benefits and features in the industry.

Zoho, Webzash and NolaPro are a few of the free cloud based accounting software solutions available out there, and they also offer up the latest tools despite being a free small business accounting software solution. The applications are easy to use, secure and manageable. It’s a great option for small businesses that are looking to remain effective and productive while watching your budget.

Free Cloud Based Accounting Software Solution Zoho

Zoho has three basic application offerings – collaboration, business, and productivity – with numerous features. In its collaborative applicatoin features, Zoho provides basic e-mail, chats, documents, etc. With the business applications, you can utilize CRM, bookkeeping, report creations, recruitment and support. The productivity application helps you manage your calendar, plan spreadsheets, and more. There’s a lot to help you take care of day-to-day operations at a fair price – free. The Economist claims that “Zoho is the most comprehensive suite of web-based programs for small businesses.”

Webzash Provides a Quality Free Cloud Based Accounting Software Solution

Another easy to use open-source, free cloud based accounting software program is Webzash. There are no setup requirements, and Webzash utilizes a shared hosting environment that is completely community driven. From accounts payable and accounts receivable software to vouchers, reports and action logs, Webzash has some of the best features for free cloud based accounting software. You have the ability to track your receipts and payments in addition to profit and loss statements, balances and reconciliation reports.

Free Cloud Based Accounting Software Provider Nolapro

Though it’s a free cloud based accounting software solution, Nolapro is a very powerful tool. Say you have multiple locations and branches; with Nolapro, managing those different entities is simple. The software is intelligent enough to design a cloud-based solution to fit your small business needs, regardless of whether you’re using Windows, Linux, or Mac. Nolapro’s software will shape and mold itself to whatever system you need it to with a flexibility that can handle any of the unique needs of small businesses.

Does Free Cloud Based Accounting Software Work as well as a Paid Solution?

The success of free cloud based accounting software providers and the questions of “What if it fails?” are never ending. This is probably one of the largest debates with whether or not free cloud based accounting software is the best answer. Many would say yes because of the off-premise storage, but there are still many who are hesitant.

Using cloud based accounting software, especially if it’s free, could lead to decreased speed. Typically, this sort of solution will be slightly slower than standard desktop software. Regardless of the high-speed connection or computer, it will still take a few seconds to change screens. If you’re only handling a minimal amount of transactions a day then a free cloud based accounting software program would be a great option.