7 Good Reasons to Step into the Cloud
By Paul Johnson
CPA, CGMA, MBA
Today, we can get answers to just about anything we need with a few clicks. So, if your company wants to remain an industry leader, moving to the cloud really is a necessary step. We know change is hard, so here are seven reasons to make your decision easier.
1. Time Is Money
Naturally, many companies resist moving beyond on-premises software because it’s familiar. But however familiar current setups may feel, cranking out piles of manual entry, re-keying that same data into other systems, and then explaining endless customizations to IT takes time, and time costs money. When businesses move to the cloud, reports come together instantly through automation, data travels effortlessly between integrated systems, and user-customizable business metrics show what’s happening in real-time. All that efficiency conserves resources.
2. The Answers Are Quick for the Taking
Financial data sitting in on-premises systems is data in isolation. Because cloud users get 24/7 access to update and modify company information, their data comes alive. Stakeholders, decision-makers, and sales teams can build strategies that drive the company forward.
3. Bottlenecking is Expensive
Few things in your finance department consume your team’s time more than spreadsheets and workarounds. When companies move to the cloud, they begin working smarter, faster, and more cost effectively. Streamlining builds space into team schedules, giving them time to tackle more projects without adding more man hours.
4. Automation Energizes Your Business
Established businesses often struggle with automation because they’re deeply rooted in spreadsheet and paper trail systems. When companies see how even one day with automation can transform their business, they quickly see the value. Automation streamlines workdays, ramps up productivity, ensures accuracy and trims down expenses.
5. Accounting Teams Aren’t Mind Readers
Sometimes only you know what you need when you need it. Easy customization and report configuration is a unique rescue feature designed by best-in-class cloud solutions. When decision-makers work in the cloud, they always have their unique business metrics at their fingertips for critical analysis, be it 5 AM or 11 at night.
6. Time Moves More Quickly, and So Does Business
Back in the day, we needed IT to get anything customized. Now, it’s all in the software. When you link up with a configuration-based setup like Sage Intacct, not only can you modify your own fields and data, customize your own dashboards, and drill down into metrics, but you can easily collaborate with teams anywhere in the world for answers beyond the data.
7. Strong Businesses Think and Plan Ahead
Your clients need fast answers, but your teams need them too – like real-time operational metrics to build tomorrow’s strategies, and unique invoice tagging options to weigh in on new product success. Cloud tools support your teams to deliver the best possible service today, and help your teams plan ahead for the company’s future.
In the cloud, teams are out there collaborating online and inside of transactions. They’re accessing data from around the world. Invoices are turning more quickly. Global consolidations are happening with one click. Data in the cloud is data that moves.
Are you ready to ditch spreadsheets, workarounds, bottlenecking, slow answers and yesterday’s solutions for quick customizations, integrations, real-time reports, strong automation, deep insights and powerful collaboration?
Need more clarity? Let’s break it down to help you find a solution to uplift your company for the long haul. Give us a quick call – we’re here to help you!