An adaptable platform is needed to adjust to the versatility and volatility of today’s global marketplace. Companies grow through the adaptability of their technology and the implementation of versatile business solutions along the way.
It’s these solutions that allow for swift decisions, backed by data, that give you more control to push forward or pull back without hindering normal business processes. On the other hand, when you’re under the thumb of outdated business software that cannot adapt to changing business landscapes, it can feel isolating.
What is An Adaptable Platform?
The adaptable platform allows seamless integration with the current and future cloud applications and can be easily customized to handle many of your organization’s business needs. More than just an accounting solution, CRM, or Inventory Management system, an adaptable platform could include all three and a few more.
With the changing times, businesses need to be able to adjust to evolving market conditions. A cloud-based ERP system allows businesses to adapt to the global digital transformation taking place and there are many reasons to assess your current business solutions.
Here are some of the ways you can benefit from an adaptable platform for your business.
- Access to Unlimited Applications
An adaptable cloud platform allows you to integrate various cloud applications seamlessly. When your financial system can receive data from your other business systems, you get a seamless integration that eliminates excessive manual inputs.
- Mobility
You get the flexibility to work from anywhere and at any time. A cloud system offers exclusive access to specific users and teams, so everyone stays updated and informed about developments.
Crucial information can be shared and circulated in the cloud to keep the business functioning whether you and your staff are in the office, in the field, or working from home.
- Interoperability through Multi-tenancy
Sharing crucial information with other applications in different departments allows an exchange of information that enhances the flow of work. Multi-tenant cloud architecture means that users operate from a shared pool of resources.
- Supports Complex Business Operations
As businesses move forward with growth initiatives, the workforce, customers, and transactions evolve as well. To win in the technological world, this has to happen in tandem. A cloud-accounting system has the flexibility to add features as you grow.
An adaptable cloud platform can be customized to new business structures, and it’s easy to add different vendors and staff.
- Expand Business Functions
If your business grows from being a standalone entity to operating multiple entities, of course the technology demand significantly increases too.
With legacy systems (or worse, spreadsheets), consolidating your books becomes a nightmare when you have to decentralize payables and inter-entity transactions. You could quickly get sidelined as a single entity by resulting inaccuracies and delays, so the prospect of consolidating multiple locations with spreadsheets or disconnected software could paralyze your entire operation.
An adaptable cloud accounting system makes it easy to manage the financials for multiple locations or multiple entities regardless of the size or complexity of your business. You’re able to eliminate error-prone spreadsheets and make consolidations smoother.
Your business needs a highly adaptable cloud accounting system:
Switching to a flexible cloud platform makes your business more dynamic, brings transparency to your workflow, and gives key insights into the performance of your business.
Sage Intacct is the cloud-based ERP software that lets you efficiently manage business complexities as you grow. Whether it’s inter-entity transactions, multi-tenancy or unlimited integrations, Intacct’s real-time accuracy and visibility into the financials of your business help you automate growth accounting processes to close the books faster and keep growing.
Voted #1 Accounting Software Product in Customer Satisfaction by G2 Crowd, Sage Intacct is built for finance professionals by finance experts. Through automation of your core financial processes with advanced functionality and accessibility in the cloud, you can get away from manual spreadsheet accounting to increase productivity, save time and reduce erroneous reporting so you can drive your business forward.
As a Sage Intacct Partner, e2b teknologies is a best-in-class provider to move your business to the cloud. Find out more about how e2b and Sage Intacct can transform your business into a digital finance organization.
