cloudmitchells

One of the many things that sets us apart is our

award winning use of technology to

improve business performance

WHAT IS THE CLOUD

According to this, the planet earth was once populated

by humans, then in 2012...

They all moved to the cloud

In the simplest terms,

cloud computing means:

instead of your computer's hard drive

storing and accessing data and programs over

the Internet

THE MANY IMPACTS OF THE CLOUD…

GROW FASTER

SME’s using cloud technology to

grow

26% faster

deliver

21% higher gross

profits

overcome their growth challenges

85% of those surveyed believe

scale and grow fastercloud enabled their business to

Enables

77% of SMEs to access new markets

The cloud allows

the most effective use of limited resources

WORK SMARTER & BE MORE PRODUCTIVE

quickly with little costScal

e up

and

dow

n Deploy a mobile and flexible workforce

£

With the pace of business, you need to ensure your people are productive and connected on the go

You need to be able to work across

devices, from anywhere

and have a consistent, clean, and fast experience doing it

INNOVATE

The clouds scalability allows you to

quickly respond to new opportunities, testing new products and business models

ACCELERATE COMPETITIVENESS

The key to acceleration is in making connections between

applicationsdata sources

allowing people to

connect share collaborate

Drive smarter, faster data-driven decisions

A Suite of cloud accounting solutions

Virtual Finance Director offering

Insights helicopter analysis Risk management software

HOW WE EMBRACE THE CLOUD TO HELP YOU

Sage AccountsMicrosoft Office

Internet based TelecommsCustomer management systems

THE EVER INCREASING SUITE

You have probably heard the phrase ‘virtual FD’

the new and true meaning of a virtual FD is one that feels (to you) present, engaged and responsive to the business

VIRTUAL FINANCE OFFICER / DIRECTOR

not just someone with finance skills who doesn’t work within the business premises!

What does a virtual finance

officer do? ? BANK

Providing sickness and holiday cover for in-house accounts staff Representing the company at meetings with the bank, shareholders

and auditors Implementing financial strategy Providing regular reports and forecasts Providing guidance to in-house accounting function Managing cash flow and control

BANK

we provide a helicopter view of key stats for business owners and managers.

This is in the form of a one page dashboard graphic that at a glance, highlights areas to address or congratulate

INSIGHTS

Fast and thorough business monitoring

i.e. cash-flow, credit control, progress toward goals.

Better the devil you know!

Arm yourself with information to make good decisions

RISK MANAGEMENT SOFTWARE

THE OTHER BENEFITS…

CURB INFORMATION OVERLOAD

see the stats you need to see with our

insights and general visibility

PROACTIVE ACCOUNTANTS

helps us be more

as we engage ‘during’ not ‘after’

curbing problems before they become unmanageable and spotting opportunities

to streamline costs and exploit growth

proactive with our advice

Flexible, cost-effectiveIT services

Now businesses such as yours can subscribe to hosted services, paying a fixed monthly subscription

Installed for FREE and FREE upgrades!

ACCESSIBLE

Today’s start-ups have immediate access to enterprise-grade technology

of start-ups surveyed believe cloud technologies enable them to

access tools and technologies they would not have been able to afford otherwise

83%

Access your data anywhere

at any time

SCALABLE

The cloud gives you the ability to rapidly scale capacity up and down

and standardise and share information across

multiple business locations

FLEXIBLE

Using cloud technology reduces the need for up-front capital investment, allowing

focus, time and moneyto be better spent on their customer proposition

SAVE MONEY

Grow with fewer infrastructures

No additional hardware or software or set up costs required

Saves cost in the short- and long-term Grows with you, over time Less future upheaval

LOW MAINTENANCE

Had to maintain any clouds lately?

SECURE

Data and assets are stored remotely as a backup to the businesses operations

Keep data safe with automatic back up

Peace of mind More efficient Straightforward to use Saves time

Always up to date

The software is automatically upgraded so that you’re always working with the

latest legislative information and up-to-date technology

Relax in knowledge your software is fully compliant

Saves you time and hassle

Saves cost

In the start-up phase a business seeks to survive and win market share

If it overcomes these initial challenges, it will typically move to the rapid growth phase, where it aims to expand substantially and in a controlled fashion.

When fast growth subsides, it enters a phase of relative maturity, where profitability and seeking out the next growth area become the focus.

THE BUSINESS LIFECYCLE

There are three key stages of life for SMEs

Using cloud technology reduces the need for up-front capital investment, allowing focus, time and money to be better spent on their customer proposition

STARTUPS AND THE CLOUD1

The rapid growth phase tests an SME’s scalability, managerial control and sustainability.

Cloud tools are flexible enough to adapt to the needs of the business as it expands and so do not hold the business back

RAPID GROWERS AND THE CLOUD2

For mature companies the cloud offers an opportunity to simplify and streamline operations to unlock more capital to invest in new phases of growth.

...and also enable them to experiment with new business models

3 MATURE COMPANIES AND THE CLOUD

47%38% 36% 32% 27% 25%

16%

Mobility/ remote working

Reduced operating

costs

Collaboration Lower maintenance requirements

Access to technical expertise

Scalability Not tied into long term contracts

REASONS FOR CLOUD ADOPTION IN THE UK

QUESTIONS TO ASK YOURSELF

Could your business

use cloud technology to overcome some of the

challenges that you face?

Are you spending too

much time on tasks that are not driving forward your

customer proposition?

Do you need to be more

strategic and forward looking about your IT investments?

Could you remove barriers to

growing faster by using cloud technology?

CLIENTS QUOTES

OUR MOTTO...

cloud technology makes the maintenance and admin side of technology someone else’s

issue so I can focus on building the offering to

our customers

if you can’t measure it, you can’t manage it

cloud is fantastic for us

we don’t have to sit on capital investments, waiting for

customers to come to make the investment worthwhile

92% of businesses are completely satisfied with their cloud-based services

76% of businesses who use cloud plan to increase their usage of it over the next year

YOU DON'T NEED TO UNDERSTAND

THE CLOUD TO BENEFIT FROM IT!!

www.mitchellsaccountants.co.uk/cloudmitchellsconsult@mitchellsaccountants.co.uk

ASK US ABOUT CLOUDMITCHELLS

01246 274 121