Cloud Access Pushing Up Tech Costs for Firms

Accounting Firms Face Higher Technology Costs as API Access Becomes More Expensive

Accounting firms are grappling with increased technology costs as the price of accessing certain cloud-based applications through application programming interfaces (APIs) rises. APIs allow computer programs to communicate and share data with each other, making them essential for software integration. However, while some APIs are free to access, many charge fees based on different pricing models, including flat fee subscriptions, data volume, and per call. Accounting firms that use these APIs are seeing their costs grow, leading to more expensive software solutions for their clients.