Strong financial planning has always been essential for business survival and growth. Businesses need clear visibility into operating costs, revenues and profitability to measure progress and make better decisions to succeed long-term. Innovative financial solutions make it possible for you to achieve these goals.
The right solution can help your business automate financials, streamline planning and budgeting operations, and provide the visibility you need to steer the business through changing market conditions.
The good news for small and midsize businesses (SMBs) is that cloud-based solutions can give you these capabilities without the hassles of deploying and managing hardware, software and infrastructure in house.
These and other benefits enabled by cloud-based solutions, such as continual access to real-time, consistent information, frequent updates and continuous innovation, are increasingly making cloud deployment the obvious choice for many SMBs. While ERP cloud adoption has trailed in other areas, it’s primed to catch up quickly, as businesses get more comfortable with cloud solutions.
Of course, you need to make sure that the cloud solution you select will support the must-haves for your business today and provide you with access to new capabilities you’ll need in the future. But once you’ve created a short list of solutions based on functionality, it’s just as important to look at the softer side of what different providers can bring to the table.
These qualities are usually more difficult to quantify than things such as features and price. But they can often make or break your satisfaction with the cloud solution you ultimately select.
At the end of the day, you want to work with a provider you can trust—one that will work with you to ensure that you’re getting the results you need from the solution and will help your company navigate through change and uncertainty.
While no litmus test guarantees a provider meets this standard, several factors provide good indicators that the provider will “have your back” after they clinch the sale. As you assess different alternatives, tune into how well different providers match up on the areas below.
Many cloud-based financial management vendors are vying for your business. Assessing functionality and price may be where you start your evaluation process, but it shouldn’t end there.
Providers that take a customer-centric approach in the buying process are more likely to also have your back once they’ve won your business. Look for those that are easy to do business with—and take the time to provide you with the knowledge and connections you need to make the best choice and get the best outcomes. For more information or assistance with your cloud-based financial system needs, please call Akuna Solutions on 1300 AKUNA 1 (1300 258 621).
The Akuna Solutions Team