Tax professionals are always busy with tight schedules. Modern technologies such as cloud computing have made tax preparation much more convenient in modern times than in the past. Using Drake Tax Software on the cloud has transformed tax preparation practices such as smooth customer processing and accurate tax returns.
Hosted Drake software can make your life easier and have a stress-free tax season. Let’s discuss some of the benefits of hosting Drake Tax Software in the cloud.
Table of Contents
Robust data protection
With Drake software in the cloud, you don’t have to worry about sudden data loss or data theft due to unforeseen circumstances. The data is hosted in the cloud, so no data is lost due to local issues. Cloud service providers offer automatic, secure backups of all your data in multiple locations, so you can always access it.
Easy integration
Tax professionals need software tools for accounting, CRM, project management, and teams. Cloud-based Drake software easily integrates with these tools, making it easier for your business to work. It enables tax professionals to accurately import and export data, enabling automation and streamlining of tax processes.
Data security
Drake software in the cloud provides 256-bit encryption and many other enterprise-level security methods such as IDS/IPS (Intrusion Detection System/Intrusion Prevention System), end-to-end encryption, firewalls, antivirus, and antimalware. It also makes sure every bit of your tax data, tax returns, and Drake data is protected from threats.
Multi-user accessibility
Hosted Drake software enables a common platform on which accountants and their clients can work simultaneously. Real-time updates of tax files improve the efficiency of the tax filing process. Accountants can easily work on their secured Hosted virtual desktop provided by the service provider and prioritize their tax returns, resulting in faster tax filing times.
How do Drake documents function on the cloud?
Drake Docs is known for its robustness in integrating information. The user can store and access tax forms, tax returns, customer records, and other required documents in one digital file. It has addictive properties to set default descriptions for scanned documents and watermark them. Users can also get a PDF image and save a fillable PDF tax return.
Fast Quote:
Drake can check returns in a systematic and organized manner. Quickly estimate fees and refunds for client submissions. This allows you to customize your customer’s billing. The amortization schedule feature allows customers to determine loan payments and accrued interest.
Electronic signatures and electronic files:
This feature eliminate the need to manually submit, sign and stamp tax returns and allows taxpayers to use the digital signature pad to sign tax returns and bank applications. Will the e-signature process is genuine, tamper-proof, and securely bound to the document? Electronic filing allows you to approve agreements and bank documents and file state tax returns at your discretion.
Tax diagnostic tools:
Tools such as LookBack, LinkBacks, and DoubleCheck help tax professionals view prior year data, calculate tax return results from source data, and validate tax information data. Other analysis tools, such as Multi-Office Manager, follow the workflow and analyze statistical data.
Conclusion:
Drake Tax Software is a great choice for tax experts as it comes with several excellent features. Plus, when you host it with authorized service providers like Apps4Rent, your business stands to gain even more advantages. Not only do these providers offer hosting assistance, but they can also assist you with different migration services like O365 tenant to tenant migration while providing multiple benefits to its end users like secure remote working, 99.9% optimum uptime, and 24×7 customer service.
