Computer-based: Maintaining records on computers save space and make records management easier. Consider backing up files and keeping them off-site. Cloud computing: Records are stored and managed on the internet, offering possible savings on software, reducing the risk of lost data and providing access from any location. What Software Should You Use? The right software can make life more productive; the wrong software may cost you time and money. When shopping for software, consider: The size of your organization. Do you want an easy-to-use package, or are you able to hire a dedicated employee to take advantage of a more sophisticated alternative? What sort of training and support is provided? Without the right measure of either, your software may not be the productivity tool you envisioned. Is specialized software available? The needs of different professions can vary greatly. Specialized software may have capabilities not available with more generic software. What are its mobile capabilities? If you operate your business from the road, you may want your software to have robust mobile features. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties.
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