12 Apr '11, 8am

Watch out - it goes down & users vent [CNA] Cloud-based financial solutions for SMEs

Watch out - it goes down & users vent [CNA] Cloud-based financial solutions for SMEs

SINGAPORE : SingTel and US financial software provider Intuit have launched a cloud-based financial management solution for Small and Medium Enterprises (SMEs) in Singapore. Called QuickBooks Online, the service allows businesses to manage critical business tasks, such as creating invoices and tracking cash flow. SingTel said by offering the solution on a subscription basis through the cloud, businesses do not need to install, update and maintain software and licences. They can also avoid upfront investments in equipment, as well as ongoing maintenance and upgrade costs. Companies can then make the most of their scarce resources and focus on their core business activities. Among the features, QuickBooks Online automatically backs up users' data every two hours and offers them secure access from any location via the web. It securely stores all financial data on central serv...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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