2015-04-02 Best in Class Cloud Based Accounting Systems
-
Upload
raffa-learning-community -
Category
Documents
-
view
75 -
download
0
Transcript of 2015-04-02 Best in Class Cloud Based Accounting Systems
![Page 1: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/1.jpg)
Intacct Cloud Based Accounting System Seminar Seth Zarny – Partner Buu-Linh Tran – Senior Manager Jeremy Taro – Account Executive
Thrive. Grow. Achieve.
April 2, 2015
![Page 2: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/2.jpg)
WHAT’S ON TAP
2
INTRODUCTION & AGENDA NEW OPTIONS - ON PREMISE V. CLOUD • What is the Cloud? Attributes, Advantages • On Premise – Advantages • Mixed Cloud with Traditional ERP • Key Decision Points INTRODUCTION TO INTACCT • Flexibility & Visibility • Multi-Everything DEMONSTRATION - INTACCT • Functions • Visibility • Flexibility Q&A
![Page 3: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/3.jpg)
MUTUAL INTRODUCTIONS
3
WHO IS IN THE ROOM
YOUR ORGANIZATION • Size – Number of Employees • Current Accounting Solution(s) • Challenges RAFFA • Seth Zarny • Buu-Linh Tran • Jeremy Taro • Brief Background and Qualifications
![Page 4: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/4.jpg)
DO YOU NEED THE NEW SOFTWARE?
4
Hint – Sometimes You Need to Change Your Software!
![Page 5: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/5.jpg)
WHAT IS THE CLOUD?
5
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST)
Cloud computing - model for convenient, on-demand
network access to shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services). Rapidly provisioned and released with minimal management effort.[4]
Cloud computing provides computation, software, data access, and storage services – does not require end-user knowledge of physical location and configuration of the system that delivers services.
![Page 6: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/6.jpg)
CLOUD – KEY ATTRIBUTES
6
AGILITY: IMPROVED RE-PROVISIONING COST: CLAIMED TO BE REDUCED, COSTS DISTRIBUTED OVER MANY USERS DEVICE & LOCATION INDEPENDENCE – ALL HTML5 SUPPORTED DEVICES CAN CONNECT MULTI-TENANCY: KEY ISSUE FOR ERP RELIABILITY: MULTIPLE REDUNDANT FAILOVER SITES & SYSTEM SECURITY SECURITY: PROVIDERS DEVOTE MORE RESOURCES MAINTENANCE: UPGRADES INSTALLED CENTRALLY DOWNTIME ELIMINATED
![Page 7: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/7.jpg)
ON-PREMISE ATTRIBUTES
CONTROL – IN YOUR ENVIRONMENT INTEGRATION WITH ORGANIZATION APPLICATIONS CUSTOMIZATIONS: UNDER YOUR CONTROL SECURITY: PLUSES & MINUSES ACCESS: REMOTE ACCESS & CONTROLLED USERS LOCAL DATA: DATA IS ACCESSIBLE KNOWN COSTS: TRADITIONAL COSTS (HARDWARE & SOFTWARE) REPUTABLE MATURE VENDORS
7
![Page 8: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/8.jpg)
MIXED CLOUD & TRADITIONAL VENDORS
8
EXISTING SOFTWARE: HOSTED IN THE CLOUD MATURE PRODUCTS: FUNCTIONALITY MONTHLY FEES SINGLE TENANCY: UPGRADES, BACKUPS, CUSTOMIZED ATTENTION INTEGRATIONS: TRADITIONAL REMOTE ACCESS: CITRIX, REMOTE DESKTOP KNOWN COSTS: TRADITIONAL COSTS REPUTABLE MATURE VENDORS
![Page 9: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/9.jpg)
KEY DECISION CRITERIA TO CONSIDER
9
FUNCTIONALITY – DO CLOUD SOLUTIONS MEET YOUR FUNCTIONAL NEEDS? SOPHISTICATION – WHAT LEVEL OF CUSTOMIZATION DO YOU REQUIRE? INFRASTRUCTURE SUPPORT – COMMITTED TO ON-PREMISE INFRASTRUCTURE, CLOUD, OR BOTH COSTS – WHAT ARE THE REALISTIC COSTS FOR YOUR ORGANIZATION? ON-PREMISE VS. CLOUD SUPPORT – WHO IS SUPPORTING YOUR USERS, APPLICATIONS, AND INFRASTRUCTURE?
![Page 10: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/10.jpg)
INTRODUCTION TO INTACCT
10
CLOUD BASED ACCOUNTING SYSTEM • True Software-As-A-Service (SAAS) • Local Partners • Annual Subscription Costs
STRONG FINANCIAL & ACCOUNTING FUNCTIONALITY VERY SATISFIED CLIENT BASE (OVER 9,500 CLIENTS) TARGETED TO FIRMS IN NO PARTICULAR ORDER • Outgrowing QuickBooks • Interested in Cloud Financials • Non Profit & NGO’s • Project Oriented Firms &
Professional Services Firms • Business Process Automation
• Accounts Payable • Time & Expense • Billing & Revenue
Recognition
• Multi-Company • Multi-Entity • Multi-Currency • Consolidated Financials • Cost Effective • Real Time Financial Visibility
• Prebuilt Financial Reports • Dashboards
![Page 11: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/11.jpg)
INDUSTRIAL GRADE OPERATIONS
11
IBM FORTUNE 100 CLASS DATA CENTER SUNGARD HOT BACKUP DATA CENTER MULTIPLE LAYERS OF SECURITY AND ENCRYPTION • Update every security patch on a nightly basis
WORLD-CLASS 24X7X365 OPERATIONS • 99.992% availability for 2014 • Industry leading SLA • SSAE 16 Audited & PCI DSS Compliant • Successful DCAA Audits • 3rd Party Penetration Testing • Earthquake protected • Armed guards • Biometrics systems
![Page 12: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/12.jpg)
SUPERIOR RETURN ON INVESTMENT
12
SUBSCRIPTION-BASED PRICING MODEL - PAY ONLY FOR WHAT YOU NEED • “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
• Real time visibility
• Anytime, anywhere access
• No IT infrastructure and on-going operational costs
• No additional upgrades costs
• Continuous product innovation
• Industrial-grade infrastructure with guaranteed service levels and operational excellence
• Subscription fee • Training • Configuration
On-Demand
• Ongoing IT workload • Fixes, Patches • Maintenance & upgrades:
• Hardware • Network
• Downtime • Performance tuning • Rewrite customizations • Rewrite integrations • Upgrade dependent applications • Disaster recovery
On-Premises
• Security • Database
Ongoing Cost Comparison
![Page 13: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/13.jpg)
INTACCT CLIENTS ARE ENJOYING TREMENDOUS SUCCESS
13
TOP 100 CPA FIRMS PUBLIC COMPANIES
![Page 14: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/14.jpg)
Page 14
Intacct - Key Benefits
120+ partners 75% of customers integrate with 2+ partners
Integration & Web Services Flexible Reporting Unlimited Dimensions Workflow Automation Intuitive & Easy to Use Large Ecosystem of 3rd Party Software Partners
![Page 15: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/15.jpg)
Intacct Dimensions
DIMENSIONS
Customer
Vendor
Employee
Entity Department Project
Class
Item
Who?
Where?
What? Collect key data for analysis
![Page 16: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/16.jpg)
INTACCT SOFTWARE PRESENTATION
16
DEMO
![Page 17: 2015-04-02 Best in Class Cloud Based Accounting Systems](https://reader037.fdocuments.net/reader037/viewer/2022110122/55a536db1a28ab262c8b461a/html5/thumbnails/17.jpg)
QUESTIONS
17
Seth Zarny – Partner [email protected] 301.279.6500 Buu-Linh Tran – Senior Manager [email protected] 301.279.6511 Jeremy Taro – Account Executive [email protected] 301.279.6504