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Five reasons to trust cloud financial applications

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What experts now say about cloud security and reliability

You can trust the cloud even for financial applications, say industry experts.

Most businesses have taken at least a few small steps into cloud computing for its cost-effectiveness and flexibility. Tools like Gmail, Google Docs, Flickr and Dropbox have become indispensable and smart choices for many workplaces. But when it comes to cloud financial applications, many decision makers remain cautious about a wholesale shift to the cloud. The primary concern: data security. But cloud computing experts say this needn't be the case. In fact, the cloud may be safer than the on-premises applications a company uses now.

If you're thinking about the cloud for business solutions but are weary of putting sensitive data "out there" in the cloud, here are five reasons not only to trust the cloud, but also why you can't afford not to.

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