Because NetLedger uses the Oracle database, one the most powerful and secure databases in the world, small businesses need not worry about outgrowing the system s capacity. No More Backup Worries With NetLedger, backups are maintained on a continuous basis which further protects small businesses in the unlikely event of data loss. Under this model, accounting software vendors can apply enhancements and patches to their product on a daily basis compared to the older method in which customers receive patches and enhancements once or twice a year. The result is that the vendor can be more responsive to the customer s needs and the application itself always reflects the latest version. A common concern regarding the use of any web-based accounting solution involves data security.
Many companies are skeptical when it comes to storing their private data off-site.
While these concerns are understandable, the reality is that in many ways your data is better protected via hosting. The computers may be stolen or destroyed in a fire. Improper configuration of network operating software permissions may allow unauthorized employees or after hours maintenance personnel access to your sensitive data. If your computer system dies, your company may be left hanging for days awaiting a replacement system. Web-based solutions like NetLedger avoid all of these problems.