There are many benefits to using cloud based accounting software, however as with most things in life, along with benefits come potential pitfalls.
The growth in cloud-based software services, as well as virtual environments, is increasing the licencing complexity of today’s software purchase. Coupled with this is the rising number of audits, with some of the larger software vendors such as Microsoft, Adobe, and Oracle becoming frequent auditors.
Posted on 16th June 2015 in Software .
Even with a return to economic stability, entrepreneurs are faced with a number of pressures to ensure business survival. The key to longevity is to eradicate common business problems, including day-to-day frustrations such as managing accounts, which can be time consuming and costly due to cumbersome accounting requirements and processes.
Very much the buzzword of the IT industry 15 years ago, today “agile” has become one of the most overused terms in business. In recent years, the word has come to supersede almost every business process to suggest a more efficient way of doing things – whether you’re being offered a new agile way of managing your finances, implementing an agile cloud solution, or developing an agile work environment.
Technology makes the world go round. It is nigh-on impossible to run a business without technology and no-one would seriously consider launching a start-up without it. There are all manner of different types of software that are integral to modern business, from accounting systems to customer management software, and collaboration tools to HR platforms, and you would be hard-pressed to see a business that doesn’t deploy one or all of these.
Businesses seeking to capitalise on the strengthening UK economy should invest in budgeting and forecasting technology to unlock further efficiency savings and help drive future growth. The advice comes from leading business applications and services provider, Advanced Business Solutions (Advanced) after new official figures revealed that the UK’s inflation rate fell to 0% in February 2015, the lowest since records began.
If you run a small business you may be using an Excel spreadsheet to manage your accounts – either at the behest of your accountant or simply because because it appears to be a cost-effective way to keeping on top of the books.
Windows Server 2003/R2 support finally finishes in July. With an estimated 23.8 million instances of Windows Server 2003 being used last year, this cessation presents a major challenge for organisations of all sizes.
Software developers are suddenly the cool new kids on the block, the ‘rock stars’ of today’s modern businesses. With software underpinning the way that many organisations operate at a very fundamental level, software developers are taking a far more strategic role in the running of the business than ever before.
People across the globe are increasingly expecting to power their lives with software. We now watch movies via Netflix instead of renting from Blockbuster, and we read books from Amazon on our Kindle instead of going to a library or visiting a bookstore.
With its inherent characteristics to significantly reduce costs, free ‘open source’ software (OSS) is growing in popularity with SMEs and start-ups. Free services to replace Microsoft Word and software to manage finances are fast becoming attractive money saving alternatives for SMEs and start-ups. Not only are these OSS products typically free to use, they also offer SMEs the flexibility and scalability they desire. Its open nature gives users the freedom to change the code, tweak it to suit their business needs and give users the capabilities they really want.