For firms with diverse technology needs, cloud-based tax software may not be the only option. On-premise tax software can provide a flexible solution that leverages modern integration and automation without relying on the cloud. Many stakeholders may be more comfortable with on-premise software, while increased integration opportunities keep the door open for a hybrid cloud approach.
Overcome unreliable internet speeds
Not everyone has access to consistent, high-speed internet connections. Rural areas may not have high-speed infrastructure, and even suburban and urban offices can struggle with bandwidth and outages. Firms that don’t want to leave their efficiency at the hands of internet service providers may prefer on-premise software that works offline as well as online.
On-premise software eliminates the need for fast internet speeds for staff working in the office. But internet speed isn’t the only factor contributing to the success of an on-premise installation. Of course, firms must still meet minimum system requirements for a file server as well as all workstations. And remote workers or branches will require fast internet for VPN access.
Install updates when it's most convenient
Cloud software can help reduce the maintenance requirements for keeping software up to date, but firms lose some control over when their updates are installed. On-premise software gives firms more control over when to install updates so they can schedule down time for when it’s most convenient. These firms may need additional IT resources to maintain and troubleshoot networks, servers and workstations, but the trade-off may be worth it for some firms.
Keep data inside the firm
Although most cloud software providers follow information security regulations and best practices to keep client and firm data safe, some firms still prefer to avoid solutions that require data to be stored in or moved through the cloud. Firms that can prioritize data security best practices may feel more comfortable housing their data in their own facilities. However, they must still take steps to keep their data secure, including password management, network security maintenance/testing and physical security of the file server.
Take a hybrid approach to integration
Thanks to the increasing popularity of hybrid cloud systems, firms no longer need to choose an all-or-nothing approach to the on-premise or cloud decision. Cloud-based firm management tools like CCH Axcess Workflow can work with any tax compliance system, on-premise or cloud-based. And solutions like CCH Axcess Document offer a hybrid approach, enabling firms to take advantage of some cloud benefits while storing files on-premises if desired.