Mobile: 0423 288 166
Ph: (03) 8339 7313
There are many benefits of cloud technology and it spread from biggest corporate of a small house hold.
Benefits of cloud
Cloud drives so much more than we can ever begin to explain. Think about every single app on your phone – and that’s barely scraping the surface.
Much like the way the Dotcom explosion revolutionized the ease with which entrepreneurs established their businesses; cloud-computing looks to transform how these businesses can run in an efficient, safe, and cost-effective way. That shift is being driven by the ubiquitous
Governments, major technology companies in public and private sector from smallest to the largest of corporations now starting to move to the cloud.
What it can do for you
For accountants, moving to the cloud will help its small business clients to comprehensively stay on-top of the financial side of their operations.
Businesses don’t need to sit infront of their computers or schedule meetings with their accountant; instead they can now check the status of business or an invoice at a click of a smartphone app. This is revolutionary for them and their accountant.
Entrepreneurs see cloud computing as the only way to do business.
Companies that still support old desktop version of software to the cloud, the game has changed for them and these companies are seeing their business restricted. This also applies to customers who won’t accept the changes to online shopping.
Small business owners have the ability to work from anywhere. Do admin tasks on breakfast table and work on the money side of business from home, stay in the loop and work directly with their accountant from anywhere.
Cloud for large businesses
Larger companies who are motivated to move to the cloud have different set of advantages.
A Harvard Business Review analytic services survey, in March 2014, found that 54% of respondents in $5billion turnover businesses reported that cloud technology had transformed their organizations. Businesses that are globally deployed can use the immediacy of the cloud (the ability to switch it on or off) and its scalability (the ability to upsize or downsize on-demand) to support rapid operational or even strategic change.
A June 2014 Report by The Aberdeen Group “Cloud Analytics for the Larger Enterprise” points to the speed of information delivery in the cloud as a major advantage. For example, cloud-enterprises are 58% more likely than other enterprises to be satisfied with the speed of information delivery. And although cloud adoption of financial applications has historically lagged behind sales and marketing applications in the cloud another 2014 study, “Empowering the Modern Finance Function” by Longitude Research, found that only 17% of large enterprises did not anticipate using the cloud for the close process with 29% already cloud-based and the rest anticipating moving to the cloud over the next 2 years, with only 10% taking 5 or more years.