As a provider of a best-in-class financial cloud solution, we know the advantages and benefits of the cloud, but we also know how overwhelming it can be when companies begin the search for a new cloud vendor.
Read More
1 Comment Click here to read/write comments
Tags: cloud computing, Intacct, cloud, new cloud vendor, financial cloud solution
0 Comments Click here to read/write comments
Tags: cloud software, cloud computing, docAssist
I visit with accounting and financial automation end users every day. Often, the conversation turns to Intacct cloud accounting software. Remarkably, in the last three days, two different future advocates have made this exact same statement: “Well, we are pretty 'old school' around here.” Of course, that means they have concerns about keeping their books and records “in the cloud” instead of on a computer in the server room down the hall. What’s the source of these concerns? Is it concern about application security, physical security, or financial security?
0 Comments Click here to read/write comments
Tags: outsourcing, outsource accounting, fault tolerance, in the cloud, application security, cloud computing
I exchanged opinions with new friends from California, Oklahoma and Illinois over lunch recently about the greatest inventions of all time. We make our living through automation and technology and are amazed and excited by the miracles technology allows us to experience every day. However, I was not surprised when no one mentioned cloud computing.
0 Comments Click here to read/write comments
Tags: cloud computing, CodePartners
The debate over business use of outsourced cloud computing versus on-premise computing has been rising to a higher decibel level. The main advantages of adopting cloud-based software are:
1. Minimal start-up costs in exchange for monthly or annual fees
2. Reduced infrastructure management
3. Web-based deliverability that provides access “anywhere”
On the flip side, the main arguments against cloud computing are the inability of firms to manage system risk and the potential loss of security for proprietary business data. A higher total cost of ownership over longer periods as well as concerns about the difficulty of migrating away from Software as a Service (SaaS) applications present additional roadblocks that prevent accounting from moving to the cloud.
Recently, SaaS options that extend functionality of on-premise accounting systems are beginning to appear. Such hybrid solutions combine the use of both on-premise and cloud-based software. For instance, Indicee, a Web-based application that interacts with reports from on-premise Sage Accpac ERP and other software, provides basic sales analysis and other business intelligence. So far, hybrid solutions do not completely eliminate concerns about data security, but any additional risk extends only to the outsourced applications. Undoubtedly, new software services provided via the cloud will continue to emerge.
- Chris Firra, Sr. Consultant
0 Comments Click here to read/write comments
Tags: Sage Accpac ERP, accounting software, accounting, cloud computing, hybrid, cloud-based software, Indicee, SaaS, software as a service
866.647.2611