The top 7 reasons that modern practices are adopting cloud-based accounting platforms

This article, from Wolters Kluwer Tax & Accounting UK, examines the top seven reasons for cloud adoption among accountancy practices. In recent years, the accounting industry has embraced new forms of technology to make accountants’ working lives easier. Many of these have been cloud-based solutions.

Wolters Kluwer respond here to the findings of a 2022 study by the Cloud Industry Forum: ‘The Transformational Impact of Cloud’. The study revealed a number of intriguing conclusions on why cloud adoption has risen and how it has helped organisations. With an emphasis on the benefits for small and medium-sized practices, Wolters Kluwer take a closer look at how cloud-based accounting platforms can pave the way to greater efficiency and faster practice growth.

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