Data stored on QuickBooks are Personally Identifiable Information (PII) that speaks about the financial status and health of your business. An incident of loss, damage or corruption of QuickBooks data can lead to unwanted adversities, from where it can be really difficult to re-establish the business. It is, therefore, important to have QuickBooks data backup services.
Different statistics and research papers related to data backup in business showcase a few significant warnings that every business needs to be aware of. As per the latest report of Techiestate, around 44 percent data loss is due to mistaken deletion, software corruption or system crash.
Another report by Quikteks highlights that a company down for 10 days due to an incident of data loss may not be able to easily survive in the next year. Understanding the criticality of data loss, it is, therefore, important to have the most advanced and robust mechanism that ensures periodic and seamless QuickBooks Data Backup.
There are several methodologies, relying on which you can have regular QuickBooks data backup. These methods basically include: using Intuit Data Protect services, relying on third-party integration such a Dropbox and hosting QuickBooks accounting software on a cloud server.
Easy of these mechanisms have a few advantages as well as disadvantages, however, QuickBooks Enterprise hosting ensures comprehensive, seamless and periodic backup of all quintessential QuickBooks data and company files.
In this blog post, let’s understand these three methods of QuickBooks data backup services, and also understand why hosting QuickBooks in a cloud server is the best option when it comes to QuickBooks data protection and QuickBooks data backup. Let’s start.
Intuit Data Protect Services
Intuit Data Protect services that ensure routine backup of QuickBooks data and company files come along with the full-service plan of QuickBooks Desktop Enterprise. And, in case, if you avail any other version of QuickBooks Desktop then, you need to pay an additional $49.95 annually for backing up your QuickBooks company file.
If you want the complete PC data protection plan of Intuit Data Protect services then you need to pay $99.95 annually. Along with these costs, your personal data are still unsafe with Intuit. Intuit uses your personal and financial data for analytical purposes and that too without taking your protection.
Intuit, sometimes, also uses aggregated data for promotional and marketing purposes that can narrowly expose your financial data to an unauthorized person. All in all, availing Intuit Data Protect services isn’t the best option when it comes to data backup of QuickBooks.
Third Party App Integration
The second option that you have backup your business-critical QuickBooks data is to integrate QuickBooks accounting software with a third party app, such as Dropbox. Dropbox Business is considered one of the best option for enterprise management, but when it comes to backup QuickBooks data, then there are several issues involved.
With the integration of Dropbox, users complain about slow tech support, security risks in form of inept security compliances, and no control over the security model. Due to these lapses, Dropbox is therefore not considered the best option for QuickBooks data backup.
Host QuickBooks on a Cloud Server
The third option to have the most robust and comprehensive data security and the backup environment is to host QuickBooks on a cloud server. QuickBooks hosting ensures optimal data security. Your QuickBooks data and company file are stored in the most advanced and sophisticated cloud environment and there is no chance of an incident such as QuickBooks data loss, theft or corruption.
With QuickBooks hosting, your data is automatically backed up every 24 hours in multi-layer security architecture. Due to natural calamity or any other reasons, in case, if there is a problem with one of the server then, users will have seamless access from another server.
QuickBooks data backup services come along with QuickBooks hosting package, and there is no need to pay any extra penny for this. QuickBooks hosting is, therefore, the best way to get optimal data security and backup.
The Way Forward
If you want to host any version or edition of QuickBooks Desktop then, contact us right now. We are an authorized Intuit re-seller, excelling in delivering the most comprehensive range of QuickBooks hosting services to SMBs and CPAs.