Infinitely Virtual Returns to PASBA Conference, Advises Accounting Industry to Avoid ‘Provider Roulette’
On Eve of PASBA Spring Marketing Event in Baltimore, Leader in IaaS Underscores Importance of Stability in Vendor Selection
LOS ANGELES (May 17, 2016) – On the eve of the 2016 PASBA Spring Marketing Conference – set for May 23-26 at the Hyatt Regency Baltimore Inner Harbor – the CEO of leading Infrastructure-as-a-Service (IaaS) provider Infinitely Virtual has warned against “provider roulette” in evaluating technology partners and suggested that few industries are as savvy about understanding and managing risk as the accounting profession.
PASBA represents Certified Public Accountants, Public Accountants, and Enrolled Agents who provide accounting services to small businesses throughout the United States. Members of the Association have built a nationwide network of accountants to benefit small business clients across the country. Using the collective resources of this network, Association members offer their clients a level of service and expertise that individual practices are unable to rival.
In “The Hosted Alternative,” an article by Ted Needleman in the April 27 issue of Accounting Technology (Between cloud-based and in-house lies a third way), Stern decries what he refers to as “Provider Roulette.”
“Of late, there has been a great deal of shifting around among providers,” the publication quotes Stern as saying. “On that front, two somewhat counterintuitive things are happening in the hosting market — new market entries and significant market consolidation — resulting in a bit of chaos. Small providers have emerged, but there’s no assurance that they’ll be around; some could be purchased (and others have been)… Accounting firms are wise to select vendors who have demonstrated some staying power, since stability is crucial for both a firm and its clients. On the other end of the spectrum, market consolidation has meant that once again, big fish are being eaten by even bigger fish. And from the point of view of even a fairly large accounting firm, consolidation isn’t likely to mean better/more responsive service. If recent history is any guide, the opposite has been the case.”
Stern also noted that at PASBA, Infinitely Virtual will mark its fourth anniversary as an Intuit Commercial Host – a status that enables the company to provide QuickBooks capability to clients via its cloud server platform and underscores its commitment to the accounting field.
Infinitely Virtual offers high quality and affordable cloud server technology, capable of delivering services to any type of business, via terminal servers, SharePoint servers and SQL servers – all based on Cloud Servers.
For more information, visit www.infinitelyvirtual.com.
About Infinitely Virtual
Infinitely Virtual is a leading provider of high quality and affordable Cloud Server technology, capable of delivering services to any type of business, via terminal servers, SharePoint servers and SQL servers – all based on Cloud Servers. Named to the Talkin’ Cloud 100 as one of the industry’s premier hosting providers, Infinitely Virtual has earned the highest rating of "Enterprise-Ready™" in Skyhigh Networks’ CloudTrust™ Program for four of its offerings -- Cloud Server Hosting, InfiniteVault, InfiniteProtect and Virtual Terminal Server. The company recently took the #1 spot in HostReview’s Ranking of VPS hosting providers. Infinitely Virtual was established as a subsidiary of Altay Corporation, and through this partnership, Infinitely Virtual provides customers with expert 24×7 technical support. More information about Infinitely Virtual can be found at: http://www.infinitelyvirtual.com, @iv_cloudhosting, or call 866-257-8455.
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