NEW SURVEY RESULTS: Accountants Face Stiff Client Resistance to Cloud Accounting Apps

cloud adoption likelihood
Likelihood of adopting cloud accounting

SMBs say cloud accounting is the last thing they want.

Accountants are encountering extraordinary difficulties in getting their small- and mid-size business clients to adopt cloud computing, according to new research findings made available first to CPA Trendlines.

Accounting is the last operation small business wants to update. Everything else comes first, according to Software Advice, Austin, Texas-based accounting technology reviews company.

Key Findings:

  1. Over half of respondents express moderate to high levels of confidence in cloud-based accounting solutions, with 32 percent indicating "moderate" confidence.
  2. With 5 percent already using cloud accounting, only 16 percent more are likely to move ahead anytime soon.
  3. The top concern with cloud-based accounting, cited by 46 percent of small business owners, is security. Cost and training were other key concerns.

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