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The cloud can revolutionise your approach to small business finance

Moving into the cloud requires careful change management strategy.

When implemented correctly, cloud computing has the potential to transform the way your company manages money. The cloud makes it easy for your entire staff to share information and make decisions intelligently and collaboratively. There's really no substitute for it.

It can be difficult to implement the large-scale change of moving your entire business into the cloud.

There is one catch, though – it can be difficult to implement the large-scale change of moving your entire business into the cloud. When your people are accustomed to one way of doing work that they've used for years, it's not always easy to push them towards another.

What you need is a clear plan for implementation and an established list of business goals.

What goes into cloud deployment?

Getting started with cloud computing is a lot more complicated than just opening an account with a provider and diving in headfirst. If you really want to get results from cloud-based business software, it's important to plan carefully.

According to a cloud implementation guide from the Australian Government Information Management Office, the first step is to clearly define the problems that your business is trying to solve. These might involve data storage, access or collaboration. You also need to spell out your business' short- and long-term needs, as well as identify any technical or legal constraints that might hold you back.

Making key business improvements

With the cloud, you have the potential to really revamp your approach to small business finance. If your employees have the ability to manage money together by sharing information and teaming up to make decisions, everyone can benefit. But first, you need to make sure your people know about everything the cloud can do in this area. Do they know how to share information, access it, modify it and collaborate on projects? All of this is key.

The cloud enables your whole team to work together.The cloud enables your whole team to work together.

Another key to maximising the cloud's impact is scalability. Successful small businesses always have an eye on growth – and luckily, cloud solutions have the ability to expand in scope as your business does. Taking full advantage of this is paramount.

Get acquainted with Jiwa Financials

Managing the transition to the cloud is no easy task, but one way to make it easier is to reach out for Jiwa Financials training that can quickly get you up to speed. Jiwa Financials is an Australian owned and operated company that delivers dynamic, scalable cloud finance solutions.

Data integrity and fast, efficient performance are important to every business today. We deliver a solution that maximises both. If you're interested, reach out today and we can begin the training process.