It is a sad fact of life that many digital transformations across industry fail through poor preparation or bad advice.
Most companies will face the moment where the transformation will come to the top of the executive stack of priorities, whether it be IT companies or accountancy firms.
Typically, one or two high-fliers are selected and tasked with putting together the business case and the team to lead the organisation into the future.
We have all seen the stories of companies that have gone wildly over budget or, worse yet, ruined the business with a failed live project, because a new generation have taken the reins and experienced leaders who completed the last successful transformation have moved on.
The next thing you know, an outside consultant has been hired to bring the company a methodology for change and the talent to get things done.
One reason these failures happen so frequently is that many companies have not attempted an alternative solution like outsourcing, where huge outlays in hi-tech upgrades and employing extra staff can be avoided.
Outsourcing will provide companies the access to specialised skills and save on time and effort, which can be channelled into the other core business ventures.
GI Outsourcing are experts in this field and offer specialist advice on using cloud applications to speed up and streamline accountancy tasks, saving time and money.
Cloud accounting helps teams collaborate and work on projects together, whenever and wherever they are in the world.
Our GI Tech Consultancy arm advises accountancy firms on the an abundance of cloud software packages not just covering your common apps / integrations such as Xero, Quickbooks, Dext, Sage & Auto entry.
Web-based cloud accounting is simple, fast, and efficient and offers so much flexibility.
Here are some ways we can help you use cloud technology to get on the front foot in a hugely competitive area:
Security
Contrary to popular opinion, the cloud may be the safest place to store your data. Most solutions boast two-way encryption and two-factor authentication, making it almost impossible for fraudsters to force their way in.
Integration
From sales and stock-taking software to payroll and payment solutions, cloud accounting integrates seamlessly with thousands of third-party applications. Users can also access cloud accounting software from a variety of devices, including smart phones, tablets, and desktop computers, from anywhere in the world.
Real time data
Why spend hours a day transcribing data from notepads, receipts, and bank statements when cloud accounting software can do it all for you? Solutions such as Xero and QuickBooks automatically grab data from your sales software or banking provider, leaving you with more time to run your business.
Collaboration
Most cloud accounting software sports multi-user access, meaning anyone you choose – both internally and externally – can access your financial data and collaborate online. And because data is synchronised and updated in real-time, everyone will be working from the same page – literally.
Cost-effectiveness
Cloud accounting software ensures you never pay for more than you need. Most solutions are also sold as a monthly subscription, so you can opt-out at any time. Cloud accounting also saves users thousands of hours each year by automating administration.
Contact our UK-based team of account managers today to find out how we can help your firm.
