CONSIDERATIONS FOR USING CLOUD COMPUTING TECHNOLOGY IN THE ACCOUNTING OF ECONOMIC ENTITIES

Cloud Computing technology has entered the business environment strongly where entities are motivated by the cost and efficiency advantages of the new technology. On the Romanian market, gradually, Cloud applications are gaining ground to the detriment of applications that operate locally. The advantages of Cloud technology are numerous and cannot be overlooked, especially by small and medium-sized entities. Cloud Computing is slowly but surely transforming. The accounting industry by offering the possibility of streamlining accounting processes, in order to reduce costs and adopt services that add value in a system that operates on a subscription basis.