Thomson Reuters UltraTax Cloud Hosting | Benefits & Pricing - V2 Cloud

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Thomson Reuters UltraTax Cloud Hosting

Are you ready to streamline your tax preparation process? At V2 Cloud, we understand the needs of tax professionals and provide a robust cloud hosting solution for UltraTax CS by Thomson Reuters.

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UltraTax Cloud Hosting

Why host UltraTax CS on the cloud?

As a tax professional, you need to access client data quickly, ensure compliance with strict security standards, and meet tight deadlines, especially during tax season.

Hosting UltraTax in the cloud lets you work from anywhere, streamline collaboration with your team, and maintain the highest level of data security.

We understand you might be worried about data breaches, service interruptions, or the hassle of moving to the cloud.

V2 Cloud takes care of those concerns with robust encryption, a 99.99% uptime guarantee, and an easy-to-use platform that ensures your transition is smooth and stress-free.

Remote Flexibility for Busy Tax Seasons

During tax season, your team is stretched thin. With cloud hosting, you can access UltraTax from any location—whether you’re at the office, working from home, or meeting clients—helping you stay productive and meet deadlines without being tied to a single workstation.

Robust Security for Client Data

Tax professionals handle extremely sensitive financial data, and any breach can be disastrous. With V2 Cloud, you get top-grade encryption, multi-factor authentication, and regular updates to ensure your clients’ private information is fully protected and compliant with security regulations.

Effortless Scalability

When client workloads surge during tax season, your on-premise system can slow down or crash. Cloud hosting eliminates this issue by allowing you to scale your resources up or down instantly, ensuring you never face downtime or performance bottlenecks during your busiest times.

Automatic Backups & Disaster Recovery

The fear of losing client files due to a system crash is real. With V2 Cloud’s automatic backups, your data is safely stored and easily recoverable, ensuring you can focus on client work without the worry of losing critical information at a crucial moment.

Comparison Table

Local-Hosted vs Cloud-Hosted UltraTax CS

Deciding between local-hosted and cloud-hosted UltraTax depends on your firm’s specific needs.

Local-hosted solutions may work for smaller firms with limited remote work demands and strong internal IT support. However, if your practice requires seamless remote access, better performance during peak filing times, enhanced security for sensitive tax data, and the ability to scale as your client base grows, V2 Cloud’s UltraTax Cloud Hosting is a clear choice.

Explore the comparison below to find the best option for your firm!

Features Local-Hosted UltraTax Cloud-Hosted UltraTax
Remote Access

Limited to in-office network or VPN setups.

Accessible from anywhere, on any device, with internet access.

Scalability

Requires additional hardware and IT support to scale.

Instantly scalable to meet growing demands, especially during tax season.

Data Security

Dependent on in-house security measures, which may vary.

Bank-grade encryption, multi-factor authentication, and regular updates for maximum security.

Performance

May experience slowdowns or require upgrades as the firm grows.

Consistently high performance, optimized for peak times with no hardware limitations.

IT Maintenance

Requires ongoing hardware maintenance and IT management.

Fully managed by V2 Cloud, including updates, backups, and troubleshooting.

Disaster Recovery

Risk of data loss without regular manual backups.

Automatic backups with quick data recovery, ensuring business continuity.

Use Cases

Who can benefit from UltraTax CS cloud hosting?

UltraTax Cloud Hosting offers versatile solutions tailored to meet the unique demands of various users. Here are some examples of how different sectors benefit from our hosting services:

Accounting Firms

Streamline tax preparation processes and collaborate more easily with team members across different locations. UltraTax hosting enables accountants to access client data from anywhere, securely handle sensitive tax information, and scale up during peak tax seasons.

Financial Advisors

Offer better client service by accessing tax data on the go. Whether in the office or meeting clients, UltraTax hosting allows financial advisors to manage tax documents and ensure up-to-date compliance while maintaining the highest levels of data security.

Law Firms

For firms handling tax-related legal cases, UltraTax cloud hosting provides secure access to important tax files from any location, allowing lawyers to prepare more efficiently and collaborate with clients and colleagues on sensitive tax matters.

Small and Medium Businesses

Business owners and their financial teams can access tax data remotely and ensure compliance without needing extensive IT infrastructure. UltraTax hosting helps SMBs simplify their tax preparation, with automatic backups and worry-free data security.

Why Host Thomson Reuters on V2 Cloud?

  • Application Hosting Management: V2 Cloud ensures Thomson Reuters is available, and accessible to protect against security vulnerabilities.
  • Enterprise-Grade Reliability: Our infrastructure ensures maximum reliability and >99.95% uptime.
  • High Security: Integrated security modules including proactive monitoring, multi-factor authentication (MFA), and single sign-on (SSO).
  • Daily Backups: Daily snapshots of your cloud computers enable you to restore individual files or revert the whole cloud computer with the Thomson Reuters Desktop app in case of a disaster.
  • Host Additional Applications: Besides Thomson Reuters, our environment can host other applications such as Xero.

Host Thomson Reuters on V2 Cloud in 4 Easy Steps

Get your Thomson Reuters in the Cloud quick and easy:

1

Choose Your Plan

We offer tailored plans through which our customer success team can guide you.

2

Build Your Cloud PC

Just as when buying a laptop, choose how much memory and processing power you need.

3

Share Thomson Reuters Details

Securely provide your Thomson Reuters license to install it on your cloud computer.

4

Get Started

Log into your V2 Cloud portal and use Thomson Reuters as if you had it installed on your desktop.

Pricing

Which Plan Fits your Business?

See the full list of features for each plan.

Discover our Success Stories

What V2 Cloud's customers are saying

I’ve been using V2 Cloud for over 2 years now, and it has been fantastic. Our productivity has increased as we can all work off the same server. I recommend V2 Cloud to any business in search of a secure, reliable and cost-effective cloud desktop solution…

Perm Persaud

Owner of Ark Accounting & Tax PC

As a small business with very few employees all the alternatives required minimum order commitment and exceeded our budget. V2 Cloud help us setup the machine we needed and also install our accounting software.

V2 Cloud Customer

Small Business Owner

FAQs

If you have a question, we're always here to help.

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A virtual desktop is similar to a normal computer desktop, but everything is on a software package and runs on a cloud server. Multiple virtual desktops can be run on a single server, which eases the collaboration between users and reduces costs. A virtual desktop solution is a way of deploying multiple virtual desktops similar to a virtual desktop infrastructure (VDI).

Creating a virtual desktop can be difficult and depending on the provider you’re with, it can require IT skills and certifications. That’s different with V2 Cloud’s virtual desktop services—you can create a virtual desktop in 20 minutes. Simply create an account, build your virtual desktop in the cloud, and after 20 minutes you can start using it.

The cost of our virtual desktops is determined based on VM and resource requirements. You can check our packages here to explore the available configurations and pricing options.

Virtual machines or VM, are virtualized computing environments similar to physical computers. Virtual Desktop Infrastructure or VDI is a system that is using VMs to provision virtual desktops and applications. You can keep in mind that VDI > VM > Virtual Desktops. VDI is the infrastructure where your virtual machines are hosted and those virtual machines have virtual desktops.

Virtual desktops are notoriously safe because your data never leaves the cloud. Virtual desktop solutions are usually safer than physical desktops. Since no business data is stored on the physical machine, multiple layers of security and encryptions are built-in with cloud desktops. Multifactor authentication(MFA) and single sign-on(SSO) on a cloud PC are protecting end-users way more than mixing personal data with business data on a physical desktop.

There are many advantages to using virtual desktop software. The key aim of virtual desktops is to better manage workloads by transforming traditional computing to be more scalable, efficient, and economical. Virtual desktop software is quickly being adopted by organizations and the academic community due to its ability to offer a reduction of investment outlays and operating costs. Some benefits of virtual desktop software are:

– Simplified management
– Increase productivity
– Flexible and cost-effective
– Environmentally friendly

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