Cloud Based Accounting - 1544 Words

Question 1: Sassu is online based accounting software which enables users to remotely access their business transactions from anyplace they want. All one is in need to be wired to the internet and login to their sassu account and start inputting or manipulating their business transactions (â€Å"What is Cloud Accounting,† n.d., parra. 1). Sassu is a market leader in the Asia Pacific software as a Service Accounting industry, thriving with millions of transaction worth billions of dollars with a reach over 10000 customers remotely accessing business transactions (â€Å"Sassu for Business,† n.d., para. 2). And with saasu’s single database, access to data is much faster and relevant. Sassu is the next generation accounting software providing†¦show more content†¦What is Cloud Accounting. (n.d). Retrieved from http://saasu.com/faqs/cloud-accounting/ Question 2: According to the research undertaken to identify three other cloud based accounting systems, three competitive market clinching accounting systems which were similar to Sassu were found. The three other cloud based accounting solution are XERO, WAVE and KASHOO. In the words of Isaac (2009), Xero is a New Zealand cloud based accounting package that has been the eye catcher for the chartered accountants. â€Å"Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards† (Isaac, 2009). Xero is a fast growing company listed on the New Zealand’s stock exchange and the Australian Securities Exchange. Xero has targeted small entrepreneurs, giving them unlimited users and has real time access to cash flows as it is a cloud based, the users can enter transactions from anywhere in the world by just the use of internet (Beautiful Accounting Software, n.d., para. 1). Secondly, Wave is another free cloud based accounting system that offers all the software tools a small entrepreneur requires to start his business with absolutely easy to use, unlimited invoicing, maintaining payrolls and control its finances ( Meet the Wave Family, n.d., para. 1,3,4amp;5). Wave has a stunning budgeting tools, finance trackers and more comprehensive investment tracking tool which give moreShow MoreRelatedCloud Based Accounting Information System1715 Words   |  7 PagesThe Research of Cloud Based Accounting Information System in Business INTRODUCTION Nowadays, many organizations adopting cloud based accounting information system (AIS) to handle their business. 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