The mid-tier firm will partner with US-based cloud financial and e-commerce company Netsuite to launch a "cloud computing advisory practice".
It is expected that much of the UK interest in cloud accounting services will come from SMEs and mid-market firms in the UK, said Chris Knowles, IT advisory lead partner at Baker Tilly.
He said, “Cloud solutions allow them to concentrate on their core business activities rather than managing a large IT department. This fits perfectly with Baker Tilly’s UK client base.”
David Gwilliam, international service partner for Baker Tilly, said, “Many of our clients are looking at the cloud as a way to support their growth plans and we want to help them get the full benefits from doing so.”
Cloud accounting services allows business owners to access their accounting data online. A 2013 survey of 500 accountants by Sage found more than half of accountants in practice said they had received interest from clients in collaborative working and sharing documents online.
The study also found 80% of accountants expect to see a growth in services moving online in the next three to five years.