The document discusses the benefits of cloud financials and business process outsourcing for finance and accounting. It outlines how cloud computing enables cost sharing and collaboration for business process outsourcers working with multiple clients. Outsourcing allows companies to focus on their core business while gaining expertise, process excellence, timely reporting, and a better overall cost structure from outsourcers.
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Cloud financials benefits the ROI business case
1. Cloud Financials Lunch and Learn
Benefits of Cloud Financials
The benefits of cloud financials
Streamline and automate administrative processes and reduce transaction costs.
Ephor Group, LLC | www.EphorGroup.com | 713.401.9643
Charles Bedard
2. Cloud Financials Lunch and Learn
Benefits of Management Science Reporting Using Cloud Financials
Your revenue and profitability depends on an accurate and prompt service-to-invoice cycle.
+ Improve productivity while reducing operating costs.
In 2012, the average service business will grow 4% to 6%; while the “best-in-class” performers will achieve significant
higher growth rates through portfolio optimization and expansion.
Strategies for Growth in 2012:
Sync Management Science to Drive Performance
Management Science reporting provides the routine visibility executives need to lead daily performance,
attract capital, and outperform the competition. By synching operations and management; cash
collection and revenue growth achieves resource efficiency improvement.
Best Practices for 2012 and Beyond include:
I. Have a lower cost of sales than your competition.
II. Have a capital efficient pipeline generation and revenue model.
III. Utilize Technology:
CRM, Social Media, & Marketing Automation
II. Multi-tiered Sales Distribution Compensation:
PRM, Agent, Alliances, Partners, Account Managers, Sales Personnel
III. A Portfolio of Sources and Mix.
IV. Management Science reporting to provide visibility and proactive actions:
Pro-Activity of the 3 C’s: Cash, Clients, Contracts.
V. Asset Management ensures a lower cost of customer acquisition and higher ROI for spend.
Ephor Group, LLC | www.EphorGroup.com | 713.401.9643
Charles Bedard
5. And Now Also for Business Applications
Use the Cloud Anytime, Anywhere via any Web Browser
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6. Software as a Service – Run your Business
Applications in the Cloud
Cloud computing is a broad term
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encompassing everything from B2C C
services to infrastructure
Software as a Service is a subset of
cloud computing focused on
enterprise business applications
− Mature, high function applications
− Flexible to configure and integrate
− World class operations and
maintenance
−SSupport and service l
t d i level agreements
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− Vastly better economics
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7. Cloud Computing vs. On-Premises Model
Subscription-based pricing model Ongoing Cost Comparison
- Pay only for what you need On Premises
On-Premises Cloud Based
Cloud-Based
− “We know we need to earn your
business every year”
Higher ROI and faster payback
− Save time with automated and
streamlined processes
− Higher employee productivity
• Ongoing IT workload • Subscription fee
− Real time visibility
• Fixes, Patches • Training
− Anytime, anywhere access • Maintenance & upgrades: • Configuration
• Hardware • Security
− No IT infrastructure and on-going • Network • Database
operational costs • Downtime
• Performance tuning
− No additional upgrades costs • Rewrite customizations
− Continuous product innovation • Rewrite integrations
• Upgrade dependent
− Industrial-grade infrastructure with applications
guaranteed service levels and • Disaster recovery
operational excellence
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8. Cloud Computing Turns Capex into Opex
On-Premises Model Cloud Model
Upfront License Fees Pay for what you use
18+% Annual Maintenance Included
Fee
Customer Bears All IT Vendor’s Problem
Costs & Risk
18-24 Month Release Quarterly Innovation
Cycles
Customer Bears All Vendor Handles
Upgrade Costs & Risk
“Ship and Forget”
p g Vendor Accountable
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9. Security, Infrastructure & Operations
Cloud Vendors Have Superior Operating Capabilities
Far better than nearly all small and
medium-sized businesses can afford
to deploy
− Fortune 100 class data center
− Encryption & hardened systems
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− 24x7x365 operations on three
continents
− SunGard disaster recovery center
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− Redundant hardware and
networking
− Continuous backups
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− Automatic upgrades
− SAS 70 type II audited
Possible because costs are spread
across thousands of organizations
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