BEN BENEFIT FITS OF A CL OF A CLOUD OUD ERP ERP SYSTEM SYSTEM - PDF document

4/11/2016 BEN BENEFIT FITS OF A CL OF A CLOUD OUD ERP ERP SYSTEM SYSTEM April 12, 2016 Ricardo de Rojas Colleen Gutirrez Senior Managing Consultant Senior Consultant II rderojas@bkd.com cgutirrez@bkd.com 1

4/11/2016 TO RE RECEIV CEIVE CPE CREDIT E 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 training@bkd.com 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 INTR TRODUC ODUCTION TION Ricardo de Rojas • Senior Managing Consultant 18+ years of experience • • Intacct implementation & configuration certified consultant • Provides project management & implementation services 4 2

4/11/2016 INTR TRODUC ODUCTION TION Colleen Gutirrez • Senior Consultant II • 19+ years of experience • Intacct implementation & configuration certified consultant • Provides implementation, training & ongoing support services 5 AGE 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 3

4/11/2016 ABOU ABOUT BKD TE T BKD TECHN CHNOLOGIES  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)  CISA (Certified Information Systems  CPIM (Certified Production & Inventory Auditor)  Intacct Core Product Certification Management)  CIRM (Certified Integrated Resource  Intacct Implementation Consultant Management)  Intacct Advanced Implementation &  CAE (Certified Account Executive) Configuration consultant  CAAS (Certified Accounting  PMP (Project Management Applications Specialist) Professional) 7 SER SERVICE ICES W WE OFFER OFFER Software Software Implementation & Implementation & Support Support ERP & CRM Cloud ERP & CRM Cloud Services Services Strategic Technology Strategic Technology Planning Planning Managed Services, Training, Managed Services, Training, Hosted & SaaS Offerings Hosted & SaaS Offerings Software Software Project Project Development & Development & Management Management Integration Services Integration Services Services Services Business Intelligence Business Intelligence & Reporting & Reporting Software Selection Software Selection KPI & Dashboard KPI & Dashboard Assistance Assistance Development & Development & Measurement Measurement 8 4

4/11/2016 WHA WHAT ARE Y ARE YOUR OPTIONS? UR OPTIONS? On-Premise Hosted Cloud  Software installed on your  Similar to on-premise  Vendor provides end-to-end hardware solution solution  Limited real-time  Third party hosts solution  Real time accessibility & accessibility & visibility visibility standard  Customization typically $$$  Functionality vendor  Deep financial functionality dependant on higher end systems $$$  Cost-effective scale  Costly to scale – add (up or down) hardware, LANs, security,  No hardware/limited IT costs etc. 9 WHAT IS THE CL IS THE CLOU OUD? D? Cloud refers to computer software & services that run on the Internet 10 // experience direction 5

4/11/2016 THE CL THE CLOU OUD IM D IMPACT CTS ALL OF US, BO S ALL OF US, BOTH AS TH AS CONSUM NSUMER ERS & I S & IN BUSIN BUSINESS SS 11 NO NOW ALSO F ALSO FOR Y R YOUR APPLICA UR APPLICATIO IONS NS 6

4/11/2016 WHA WHAT AR ARE AD E ADVANT NTAGE AGES OF OF F FINANCI NANCIALS I LS IN THE THE CL CLOU OUD? D?  Predictable & cost efficient  Scalability & flexibility  No computing infrastructure  Reliability & quality (CapEx vs OpEx)  Compliance  Regular software updates  Increased business agility  Enhanced security  Higher end-user adoption  Time to deployment CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 1) 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 7

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 2) No computing infrastructure to maintain  Initial expenses • Software license • Computer hardware • Server • Printers • PCs • Communications equipment • Installation costs CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 2) No computing infrastructure to maintain  Additional costs • Real estate • Energy • Cooling • IT admin staff • Software management & monitoring • Software maintenance 8

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 2) 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 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 3) Regular software updates  Speed of implementation  Faster delivery of new functionality  Reduced total cost of ownership  Increased Security  Predictability 9

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 4) Enhanced security  Physical & network security  Application security  System security  Data-level security CLOU CL OUD C D COMPUTIN UTING BENEFIT BENEFITS 4) Enhanced security Physical & network security • Multiple fiber trunks & mirrored RAID storage • Standby servers & redundant network components • Redundant uninterruptable power supplies & parallel redundant generators 10

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 4) 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 CLOU CL OUD C D COMPUTIN UTING BENEFIT BENEFITS 4) Enhanced security System 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 11

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 4) 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 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 5) Time to deployment  Fastest time to value  Speed of implementation  Faster delivery of new functionality  Immediate access. Anywhere. Anytime 12

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 6) 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 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 7) Reliability & quality  One version of the software  Rapid deployment  Less or no software bugs  Minimize downtime 13

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 8) 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 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 9) Increase business agility  On-demand scalability  Data availability  Greater security  Faster delivery of new functionality  Profitability 14

4/11/2016 CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 10) Higher end-user adoption  Always on  Improved accessibility  Improved mobility  Improved collaboration  Achieving economies of scale  Globalize your workforce on the cheap CL CLOU OUD C D COMPUTIN UTING BENEFIT BENEFITS 10) Higher end-user adoption  Streamline processes  Increased speed in responding to unforeseen events  Monitor projects more effectively  Less personnel training is needed  Improve flexibility 15

4/11/2016 WHERE ARE THE SA ERE ARE THE SAVINGS: VINGS: EXAM EXAMPLE PLE 31 Fastest Growing Provider of cloud financial management solutions to small & midsize businesses 95% Industry-leading customer satisfaction & retention Choice of accounting & finance experts worldwide 32 16