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3 practices to ensure the security of accounting software

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  Each year, more and more companies implement  accounting software solutions  to streamline expense and revenue management, purchase order generation, asset management, and other financial aspects. According to  Research and Markets , the global accounting software market, which was valued at $17.71 billion in 2023, is predicted to reach $27.3 billion in 2027, growing with a CAGR of 11.4%. However, since accounting solutions process and store vast amounts of sensitive and financial data, cybersecurity should be a priority number one for companies using them. At Itransition, we believe the following three practices can help a company improve the security of its accounting solution. 1. Create a secure software architecture To build a secure and reliable accounting solution, companies must keep security in focus from the beginning of development, as early as the planning stages. Here are some suggestions to help a company design and build a more secure architecture for...