Technology

The Many Benefits of Cloud-Based Management Solutions for Medium to Large Businesses

While the majority of Australian businesses have already migrated to the cloud, there are still some companies that have yet to set up a secure cloud network. In this short article, we take a close look at the many benefits that cloud data management brings to a medium to large business.

  • Global access – The great thing about a cloud network is it can be accesses from any location; if you have branches in multiple countries, all stakeholders have instant access and with real time updates, everyone is on the same page. A leader in cloud-based enterprise resource planning is MYOB Acumatica, a platform that empowers large organisations by keeping all participants up to date.
  • Create permissions – Creating permissions allows you to limit the access a specific user has; salespeople need to have access to customer data but not accounting, while management also need to have access to specific data. Each employee has a username and password that allows access only to the data they need, while everything else is inaccessible.
  • Connecting departments – Regardless of how many branches you might have, an Enterprise Resource Planning system connects sales, finance, projects, HR, projects, production, supply chain and production, all of which are accessed via a single easy-to-use interface. The enables branches around the world to work together and with real-time updates, all stakeholders are on the same page. The accounting team can have complete access, enabling them to prepare reports and statements.
  • VoIP communication – Using your cloud network, you can enjoy real-time video using a platform like Zoom; you can set up virtual meetings and use many powerful online collaboration tools. If you have 30 managers located around the world, you can have a video conference-style meeting, while all employees can make and receive video and voice calls, all of which are recorded and stored.
  • Automation – Automate many business processes and eliminate human error and double-handling, which boosts efficiency and allows employees to focus on their main objectives. You can also automate payroll and compliance and all from a single interface. The larger an organisation, the more complex the processes are; using a cloud-based enterprise resource planning system empowers your company in so many ways.
  • Bank-grade cyber-security – Your cloud provider uses bank-grade cyber-security to protect your valuable data; thanks to penetrative testing by ethical hackers, who do their very best to breach your defences. In the highly unlikely event they are successful, the leak is plugged. Any intrusion attempt can be traced and quarantined, ensuring that you are safe from hackers.

The best platform for Australian and New Zealand medium to large companies is MYOB Acumatica, formerly known as MYOB Advanced and if you would like more details about this system, Google can help you contact a leading developer with all the solutions. Take the first step to streamlining your business processes regionally or globally and make the best use of available software.

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