September 13, 2017

What are the most important benefits of moving to the cloud?

Does moving your business systems to the cloud live up to the hype?

There are numerous benefits to moving your business to the ‘cloud’. But what does it mean for your business? Here are the top 5 reasons for moving your enterprise to the cloud.

  1. Reduced costs

Your business can save big bucks by moving to the cloud. For a start, you don’t need the expense of maintaining your own servers, paying for software upgrades or covering the wages of support staff. Instead, you’ll just pay a regular fee to access software which is automatically updated as new versions become available.

  1. Improved cash flow

Because you aren’t making any large initial payments for software and hardware, cloud computing can help you better manage your cash flow, especially in the early stages of your business when there may not be a lot of cash coming in. Instead you pay only for the software you need in smaller regular instalments.

  1. Helps enable business growth

If your business is growing rapidly, you don’t want to be tying up cash by buying expensive new hardware such as computers and servers. Plus, this expensive new hardware has to be stored somewhere and kept cool, taking up valuable real estate that could be put to more productive use. Using cloud technology means you only have to pay for the licences you need to use and the vendor covers the costs of the hardware.

  1. Greater collaboration

Working in the cloud means that you can not only collaborate more easily with staff internally, it also means you work more easily with external business partners like your bookkeeper and accountant. By giving them access to your business’ books, your bookkeeper and accountant can provide advice in real-time instead of looking at data that may be 12 months or more old.

  1. Work anywhere, anytime

Because the cloud works wherever you have internet access, you and your staff have the flexibility to work anywhere. Benefits include: improved customer service as you don’t have to be in the office to respond to any issues; enhanced employee engagement as staff can work from home and have flexibility of hours; improved cash flow as you can invoice as soon as the work is completed rather than waiting until the end of the month.

These are just some of the advantages of working in the cloud. If you need help getting your business off the desktop and onto the cloud, get in touch. Our team can provide advice on the best cloud software solutions for your business.

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