21
4/11/2016 1 BENEFITS OF A CLOUD ERP SYSTEM April 12, 2016 Ricardo de Rojas Senior Managing Consultant [email protected] Colleen Gutirrez Senior Consultant II [email protected]
4/11/2016
1
BENEFITS OF A CLOUD ERP SYSTEM
April 12, 2016
Ricardo de RojasSenior Managing [email protected]
Colleen GutirrezSenior Consultant [email protected]
4/11/2016
2
TO RECEIVE CPE CREDIT Participate in entire webinar
Answer polls when they are provided
If you are viewing this webinar in a group• Complete group attendance form with
o Title & date of live webinar
o Your company name
o Your printed name, signature & email address
• All group attendance sheets must be submitted to [email protected] within 24 hours of live webinar
• Answer polls when they are provided
If all eligibility requirements are met, each participant will be emailed their CPE certificates within 15 business days of live webinar
4
INTRODUCTIONRicardo de Rojas• Senior Managing Consultant• 18+ years of experience• Intacct implementation &
configuration certified consultant• Provides project management &
implementation services
4/11/2016
3
5
INTRODUCTIONColleen Gutirrez• Senior Consultant II• 19+ years of experience• Intacct implementation &
configuration certified consultant• Provides implementation, training &
ongoing support services
AGENDA Identify potential cloud computing solutions
Benefits of a cloud-based ERP system
Describe the strengths of a cloud-based ERP system compared to an on-premises solution
Demonstrate the unique features & capabilities of a Cloud ERP software: Intacct
4/11/2016
4
7
ABOUT BKD TECHNOLOGIES Technology consulting practice of BKD
Reseller of enterprise resource planning (ERP) & customer relationship management (CRM) software
Strategic IT consulting services
50 employees (throughout BKD footprint)
CPAs (Certified Public Accountants) CPIM (Certified Production & Inventory
Management) CIRM (Certified Integrated Resource
Management) CAE (Certified Account Executive) CAAS (Certified Accounting
Applications Specialist)
CISA (Certified Information Systems Auditor)
Intacct Core Product Certification Intacct Implementation Consultant Intacct Advanced Implementation &
Configuration consultant PMP (Project Management
Professional)
8
SERVICES WE OFFERSoftware
Implementation & Support
Software Implementation &
SupportStrategic Technology
PlanningStrategic Technology
Planning
Software Development &
Integration Services
Software Development &
Integration Services
ERP & CRM Cloud Services
Managed Services, Training, Hosted & SaaS Offerings
ERP & CRM Cloud Services
Managed Services, Training, Hosted & SaaS Offerings
Project Management
Services
Project Management
Services
Business Intelligence & Reporting
KPI & Dashboard Development & Measurement
Business Intelligence & Reporting
KPI & Dashboard Development & Measurement
Software Selection Assistance
Software Selection Assistance
4/11/2016
5
9
WHAT ARE YOUR OPTIONS?
On-Premise
Software installed on your hardware
Limited real-time accessibility & visibility
Customization typically $$$ Deep financial functionality
on higher end systems $$$ Costly to scale – add
hardware, LANs, security, etc.
Similar to on-premise solution
Third party hosts solution
Vendor provides end-to-end solution
Real time accessibility & visibility standard
Functionality vendor dependant
Cost-effective scale (up or down)
No hardware/limited IT costs
Hosted Cloud
WHAT IS THE CLOUD?
10 // experience direction
Cloud refers to computer software & services that run on the Internet
4/11/2016
6
11
THE CLOUD IMPACTS ALL OF US, BOTH AS CONSUMERS & IN BUSINESS
NOW ALSO FOR YOUR APPLICATIONS
4/11/2016
7
WHAT ARE ADVANTAGES OF FINANCIALS IN THE CLOUD? Predictable & cost efficient
No computing infrastructure (CapEx vs OpEx)
Regular software updates
Enhanced security
Time to deployment
Scalability & flexibility
Reliability & quality
Compliance
Increased business agility
Higher end-user adoption
CLOUD COMPUTING BENEFITS1) Predictable & cost efficient No large upfront capital investment
Predictable IT costs
Reduce spending on IT operations
Reduce spending for IT support
Savings gained through higher worker productivity & greater efficiency
Tax benefits
4/11/2016
8
CLOUD COMPUTING BENEFITS2) No computing infrastructure to maintain
Initial expenses• Software license• Computer hardware• Server• Printers• PCs• Communications equipment• Installation costs
CLOUD COMPUTING BENEFITS2) No computing infrastructure to maintain
Additional costs• Real estate• Energy• Cooling• IT admin staff• Software management & monitoring• Software maintenance
4/11/2016
9
CLOUD COMPUTING BENEFITS2) No computing infrastructure to maintain
No large capital expenses
No servers on site
No computer infrastructure to maintain
Cloud will free you to focus on your business
CLOUD COMPUTING BENEFITS3) Regular software updates
Speed of implementation
Faster delivery of new functionality
Reduced total cost of ownership
Increased Security
Predictability
4/11/2016
10
CLOUD COMPUTING BENEFITS4) Enhanced security
Physical & network security
Application security
System security
Data-level security
CLOUD COMPUTING BENEFITS4) Enhanced security
Physical & network security
• Multiple fiber trunks & mirrored RAID storage
• Standby servers & redundant network components
• Redundant uninterruptable power supplies & parallel redundant generators
4/11/2016
11
CLOUD COMPUTING BENEFITS4) Enhanced security Application security
Highly granular level of control over user access
Option to require two-step user verification when users sign on through an unrecognized device
Enforced password changes & automatic session timeouts
Option to set acceptable IP ranges from which users may log in
CLOUD COMPUTING BENEFITS4) Enhanced securitySystem security
• SSAE 16 SOC1 Type II audited & PCI DSS certified
• Tightly restricted access to production data including biometric access controls
• Hardened networks & firewalls
• Real-time activity log tracking
• Automated security scanning & third-party white hat penetration testing
• Virus resistance reinforced through software architecture
• Oracle database secured with advanced security
• Minimum 128-bit encryption for all data transmission
4/11/2016
12
CLOUD COMPUTING BENEFITS4) Enhanced security
Data-level security
• Full daily backups to multiple locations
• Continuous backup of transaction data
• Secure streaming of transaction data to remote disaster recovery center
CLOUD COMPUTING BENEFITS5) Time to deployment
Fastest time to value
Speed of implementation
Faster delivery of new functionality
Immediate access. Anywhere. Anytime
4/11/2016
13
CLOUD COMPUTING BENEFITS6) Scalability & flexibility
Easily upscale or downscale your IT requirements as needed
Employees use mobile technology to do their daily work from their smartphone, tablet, laptop or notebook
CLOUD COMPUTING BENEFITS7) Reliability & quality
One version of the software
Rapid deployment
Less or no software bugs
Minimize downtime
4/11/2016
14
CLOUD COMPUTING BENEFITS8) Compliance PCI DSS – Payment Card Industry Data
Security Standards
ACA – Affordable Care Act
SOX – Sarbanes-Oxley Act
HIPAA – Health Insurance Portability and Accountability Act
ePHI – Electronic Protected Health Information
CLOUD COMPUTING BENEFITS9) Increase business agility
On-demand scalability
Data availability
Greater security
Faster delivery of new functionality
Profitability
4/11/2016
15
CLOUD COMPUTING BENEFITS10) Higher end-user adoption Always on
Improved accessibility
Improved mobility
Improved collaboration
Achieving economies of scale
Globalize your workforce on the cheap
CLOUD COMPUTING BENEFITS10) Higher end-user adoption
Streamline processes
Increased speed in responding to unforeseenevents
Monitor projects more effectively
Less personnel training is needed
Improve flexibility
4/11/2016
16
31
WHERE ARE THE SAVINGS: EXAMPLE
32
Fastest Growing Providerof cloud financial management solutionsto small & midsize businesses
95% Industry-leading customer satisfaction & retention
Choice of accounting & finance experts worldwide
4/11/2016
17
33
Enterprise class capabilities at mid-market prices
Makes it clear that cloud-based does not imply lightweight
Highlights stark differences between cloud products
ADVANCING INTACCT’S INDUSTRIAL STRENGTH “MULTI-EVERYTHING” ARCHITECTURE
Intacct Multi-Everything
34
WORLD-CLASS FUNCTIONALITYGeneral ledgerAccounts payableAccounts receivableCash managementRevenue managementGlobal consolidationsMulti-currency managementMulti-entity accounting
Intacct platform:Integrate, customize, extendCSV file up & downloadXML/API web servicesDevelopment sandbox
Purchasing managementInventory management
Order managementIntegration with Salesforce CRM
Project accountingFund accounting
Automated sales tax
Multi-dimensional reportingBusiness analytics
Role-based dashboardsBudgeting & planning
Time managementExpense management
4/11/2016
18
35
INTACCT PRODUCT VALUE PROPOSITION
Quarterly release schedule –four comprehensive new releases per year
Integrations & customizations guaranteed not to break with new releases
99.998% uptime
Industry leading 95% customer renewal rate
Best-in-Class strategy fits today’s buyer
36
WHAT WE WILL DEMO TODAY? Uptime & performance
Accessible
Regular software updates
Secure & complaint
High end-user adoption
4/11/2016
19
NEXT STEPS
Do any of these benefits help you or your organization ?
Learn more about BKD at
http://www.bkd.com/technologies/products/intacct/
4/11/2016
20
CONTINUING PROFESSIONAL EDUCATION (CPE) CREDITS
BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
The information in BKD webinars is presented by BKD professionals, but applying specific information to your situation requires careful consideration of facts & circumstances. Consult your BKD advisor before acting on any matters covered in these webinars.
CPE CREDITCPE credit may be awarded upon verification of participant
attendance
For questions, concerns or comments regarding CPE credit, please email the BKD Learning & Development Department at [email protected]
4/11/2016
21
