Cloud Accounting Software: Diminished or Expanded Role of Accountants
Cloud accounting software is an area more and more accountants are exploring with their clients as cloud technology evolves with ERP solutions. This...
2 min read
Mark Severance Tue, Jul 22, 2014
Cloud accounting software or cloud ERP software is becoming a viable solution for many organizations who struggle with outdated accounting and business management systems. Cloud-based ERP solutions are great options for companies looking to upgrade who are running into challenges and limitations with their outdated legacy software. Moving to the cloud provides benefits that are not typically available with older software systems and infrastructure. To better manage business processes, decision makers will typically explore small business ERP software in order to leverage familiar applications as well as new features like cloud and mobility.
The two main reasons that more organizations are going with cloud-based ERP systems are 1) to find ways for more cost savings and 2) to gain a competitive edge with more efficiency. For example, Chiquita Brands International migrated to a cloud accounting software ERP solution from their legacy custom ERP system in order to manage staffing more efficiently and reinvigorate human resources (HR) processes with HR cloud applications, according to Baseline Magazine. Without an integrated HR system, it took the enterprise a considerable amount of time to get answers to basic questions, throwing off time to market and impacting revenue flow. With and integrated cloud ERP software, users now were able to make faster, informed decisions whether they are in the office or working from another location. The program also has automatic updates, enabling the system to remain current at all times.
"One of the problems we had in the past - and it's a problem for many companies - is that we would put a software product or system in place and it would begin dying from day one," CIO Kevin Ledford said, according to the source. "We wouldn't upgrade as often as we should, and we would eventually recognize that we were behind the curve and lacking the tools we needed.
While there is still some hesitation over adopting the cloud, the Aberdeen Group noted that from 2011 to 2012, there was a 53 percent increase in software-as-a-service integration within small businesses, driving significant growth in cloud-based ERP. As the willingness to factor on-premise solutions continues to decrease, interest in SaaS ERP systems is rising rapidly. This is due to the functionality and ease of use that the cloud ERP solution is able to provide.
"It does not matter if the solution is affordable, can be implemented quickly and has the features that can support the business if employees cannot actually use it," according to the report. "Employee adoption is absolutely essential to attaining the full benefits of ERP."
If you are interested in learning more about cloud accounting software or have any questions about this this blog CONTACT US. If you are looking for cloud accounting solutions or ERP consultants to help take your business to the next level, contact us at www.arxistechnology.com or www.arxiscloud.com, or call 866-624-2600.
Arxis Technology, Inc. is a technology consulting firm specializing in the implementation and support of ERP Software, accounting and business management software, custom application development, and network engineering and design. As resellers and consultants for Intacct Cloud Financials, Sage 100 ERP (formerly MAS 90), Sage 300 ERP (formerly Accpac), Sage 500 ERP (formerly MAS 500), SAP Business ByDesign, SugarCRM, and SageCRM, Arxis services clients from locations in Los Angeles, Orange County, Chicago, Phoenix, Washington DC, Philadelphia, Baltimore, and Ireland.
Another version of this blog was posted on Arxis’ blog site on 2/24/14: "Cloud ERP software brings functionality to legacy operations"
Photo courtesy of www.freedigitalphotos.net
Cloud accounting software is an area more and more accountants are exploring with their clients as cloud technology evolves with ERP solutions. This...
Cloud accounting software may be relatively new in the technology scene but it's already changed the face of businesses forever. It’s changed how...
Why Do Cloud ERP Software Customers Choose SAP Business One? If you are in the market for ERP software or considering cloud ERP software, you will...