While tax preparers have several tax software solutions, Drake is one of the most preferred choices. In a recent tax software survey by the Journal of Accountancy, most respondents voted Drake software with a high rating. While the decision to choose a tax software is based on firm size, features, or budget, Drake fulfills all these aspects to become a popular solution for tax preparation.
Drake comes with some of the most beneficial features like Drake Tax Planner, Drake Scheduler, and more. Still, tax pros face common challenges, like timely return filing, customer support during non-business hours, and data security. If you also face these problems, it is time to change the way you work by switching to Drake Tax Software cloud hosting.
Let’s look at five significant benefits of Drake tax software hosting:
Remote Software Access Has it ever happened to you that your client called for a tax consultation during non-business hours? If you are at home or anywhere else but away from your office, your inability to access tax data can leave you helpless in such situations. This feeling of helplessness is because you have the Drake software installed locally, making the software access hardware-dependent.
However, with Drake tax software cloud hosting, you can access your data no matter where you are or at what time. You can use any smart device like your smartphone or laptop to access cloud-hosted Drake at your convenience. This is something you might not have experienced with local-hosted Drake.
Adequate Data Security As a tax professional, the security of the data you handle for your firm is critical. The Internet age and the current work-from-home environment have increased the risk of cyber threats and an unauthorized leak of confidential data. Deploying strict security measures may not be feasible for every tax professional. But it will be in your best interest to switch to Drake hosting to enjoy enhanced security benefits.
Drake hosting service providers ensure the security of your data on their remote servers using advanced security measures. They make cloud hosting a foolproof solution using measures like end-to-end encryption, malware protection, and two-factor authentication.
Cost Cutting Imagine the financial implications of setting up a dedicated in-house server for Drake. You would need a complete IT infrastructure in place, including the hardware and hiring professionals for regular upkeep. The total cost of establishing an in-house environment to host Drake software may turn out to be too expensive for your business as it does for many others.
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