5 Reasons why your business should look into Cloud-based business solutions

Being able to take control of business decisions anytime anywhere from the cloud has never been more relevant during the COVID-19 pandemic. While the doors of many businesses remained closed during the lockdown, people around the world are finding innovative ways through technology to keep operations up and running. Using cloud computing, businesses can access software programs on the internet as a service, platform, or infrastructure – most importantly it allows for frequent and safe sharing or storing of data. Cloud-based business solutions can be accessed from any device with an internet connection from anywhere in the world – a cost-effective, flexible way to enhance collaborations and business outputs.


Highly Affordable 

The benefit of cloud services is the reduction of expensive hardware costs, as hardware needs are left to the vendor. New hardware can be big, expensive, and inconvenient for fast-growing companies. Cloud computing alleviates these challenges as it is possible to rapidly and efficiently access information.

Cloud technologies may also bring about a drastic reduction in labour and maintenance costs. Since the equipment is operated by vendors and stored off-site, there is little need for in-house IT workers. If servers or other equipment need repairs or updates, it is the vendor’s liability and does not cost your firm any time or money. Cloud computing can also increase the productivity of workers and increase output volumes, in addition to the IT labour savings. As cloud-based solutions are faster than traditional means. Cloud-based solutions can cut costs and increase productivity, by enhancing flexibility and collaborations.


Increased Flexibility

The other major benefits of cloud-based solutions are flexibility and enhanced mobility. Cloud-based technology allows you and your employees the ability to work from any location in the world with an internet connection. Thus, employees can complete their tasks at home during times when they are unable to make it into the office. With Cloud solutions, you can always monitor the business operations effectively, as it allows real-time access to different business operations, permitting you to make informed and impactful decisions to benefit your business.



Traditionally when planning for unexpected growth, a business would need to purchase and store additional servers and licenses – which may take years to make use of reserve resources. However, cloud-based technology makes scaling services easy, allowing you to get additional storage space or features whenever they are actually needed. Upgrading your package is all that is needed, which can be done in minutes with some additional cost.


Backup capabilities 

Traditional computing system require back up plans, especially for data storage. As a disaster could lead to permanent data loss if there was no planned backups. However, stored data is automatically saved and backed-up to cloud systems, meaning if something happens to data on your personal device it will still be available in the cloud. Cloud-based systems can ensure your data is secure and accessible at any time or place with an internet connection.


Data security

The first concern most individuals have in the cloud-based debate is data protection, however, the cloud is probably one of the safest ways to store your data. The ability to move sensitive information into and throughout the cloud is essential for businesses to function and collaborate efficiently, quickly, and freely. There is also no concern about physical files being damaged or lost with cloud-based systems, as all inputted information is backed up on a virtual system that can be accessed through easily designed search functions.

 To stay competitive a company must be able to respond quickly to changes in the market place. Cloud-based systems can provide many useful advantages due to its customisable and flexible nature, which can aid companies to be more agile and practical in the running of their day to day operations.

These are just a handful of reasons why small and medium-sized businesses are making the switch to cloud-based solutions. The cloud is affordable, scalable, and creates a better end-user experience, making every company an innovative competitor.




Outsourced Finance is not your average accounting firm; we are here to provide small businesses with strategic financial support to help them grow. Top accounting- and financial services should be both affordable and effective, and now it is.

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