Benefits of cloud accounting

by admin on November 19, 2009

in Cloud Computing/SaaS


We often hear about how the SMB SaaS/cloud accounting vendors are driving value for the very small ‘mom and pop’ shops. Now we’re starting to hear from early adopters of more ‘grown up’ solutions. In this short video, Sallie Kennedy, CFO at The Compliance Team Inc describes a couple of hard benefits including a 9% reduction in time to billing brought about as a result of using FinancialForce.com

This video is one of three I shot at this week’s Dreamforce conference where a panel of customers described for themselves the kind of benefits they are either achieving today or are looking towards.

Here is a link to Quattro Innovation, an Australian company that talks to ease of use and speed to value as a result of opting for a cloud based solution over its past use of spreadsheets. Month end close takes under three hours while directors have access to real time information. The company talks about how to get through the data migration problem easily.

Another video will follow.

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