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Benefits of Drake Tax Software on Cloud

Ghazanfar Iqbal by Ghazanfar Iqbal
October 15, 2021 - Updated on October 19, 2021
in Software, Technology
Reading Time: 3 mins read

Today, there are several taxation applications and software that companies, businesses, and taxpayers can pick from. But when picking software, they should decide after studying the features of the respective software and applications and also their usability. The decision should be made depending upon the features implemented, the size of the company, the customer support, and also the organizational budget.

Drake Tax Software is a popular commercial taxation software among all accountants, CPAs, and tax preparers. The software comes with various unique features such as Drake Scheduler, e-Signature, Drake Tax Planner, and much more. Businesses can further use Drake Hosted for added benefits and facilities that can help organize and streamline all the taxation processes. Below mentioned are some of the benefits of using Drake Hosted.

Enhanced Data Security

Table of Contents

  • Enhanced Data Security
  • Incredible Performance
  • Availability

One of the biggest concerns for every company, tac preparer, and business is the security of data. This is because in today’s digital world there have been many security breaches and ransomware waves among many large businesses and have resulted in either data theft or data leaks. Such scenarios can easily harm the growth, revenue, market reputation, and trust of the business.

To avoid such situations, businesses can host Drake on cloud servers and carry out their businesses processes without any stress. This is because a trusted hosting provider offers end-to-end encryption, two-factor authentication, the latest firewalls, intrusion detections, and much more. Not just this, the data centers on which all the data is stored are also located in a different geographical region with is monitored and guarded 24/7.

Incredible Performance

When a company utilizes Drake on their local system, eventually in the future the machine will become slow and will affect the overall performance. This can also affect the overall productivity as there may be instances where wrong or incorrect data may be entered due to the slow system. These scenarios can cause a roadblock in the growth and development of companies and businesses.

But this can be avoided easily. When a business hosts Drake Tax software on the cloud server, there won’t be any degradation in the system performance as it is constantly maintained and upgraded with time by the hosting providers themselves. Not just this, if the business needs extra performance or storage, they just have to contact the Hosted Virtual Desktop Provider and ask them to allocate more resources. All this comes at a nominal monthly subscription fee.

Availability

When traditionally using Drake, i.e. on the physical system or physical servers of the business, there may be instances where they might have to suffer downtime due to hardware fault or failure. This can result in revenue loss and would also pull down the overall productivity.

With Drake Hosting, most of the providers offer a guaranteed uptime of 99.9%. This makes sure that the software is always available for businesses to use and won’t result in any revenue loss. the total downtime is around a few minutes per year, just to implement updates and security practices to the servers which the businesses would not even notice.

 

As you see, these were some of the benefits that businesses and companies get when using drake hosted. Apps4rent provides secured migration services according to the businesses’ needs. Any company planning to Migrate To Microsoft 365 can contact them

Similar content: 8 Services for Businesses: Outsource These Now

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Ghazanfar Iqbal

Ghazanfar Iqbal

Hello! I'm Ghazanfar Iqbal and I enjoy writing about a variety of topics. I am not defined by a single niche. Because I believe that I am capable of doing anything, I never choose a single niche because challenges help me improve in this writing world. 

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