the cloud 2.0

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1 © Armanino LLP | amllp.com © Armanino LLP | amllp.com Cloud 2.0

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Cloud computing has become ubiquitous in our personal and professional lives with must-have applications like iTunes for entertainment, Google for document management and ADP for payroll.  Research from the Cloud Accounting Institute reveals that after major growth in adoption rates over the past several years, cloud solutions are now considered mainstream and are in wide usage, with 73 percent of survey respondents indicating their companies currently use Software as a Service (SaaS) or Cloud solutions.   With the public Cloud Solutions market expected to reach $210 billion by 2016 according to Gartner, more companies are taking advantage of the cost-savings and efficiencies offered by a Cloud Solution.

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Page 1: The Cloud 2.0

1 © ArmaninoLLP | amllp.com © ArmaninoLLP | amllp.com

Cloud 2.0

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2 © ArmaninoLLP | amllp.com

it’s getting CLOUDY

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CLOUD COMPUTING HAS BECOME UBIQUITOUS

BOTTOMLINE

All companies will eventually need a cloud strategy

In a recent study, conducted by the Cloud Accounting Institute:

73% of survey respondents indicate their company currently uses SaaS or Cloud Solutions

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multiple paths to

the CLOUD

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WHETHER YOU IMPLEMENT BIG…

You WILL need a strategy

…or implement small

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tailor made SOLUTIONS

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PICK AND CHOOSE SOLUTIONS…

Implementations can be tailored to align with YOUR priorities!

…THAT FIT YOUR BUSINESS and implement on your schedule

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key CONSIDERATIONS

best practices

processalignment

security

business processes

universaluser access

user management

data integration

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best practices

save MONEY

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IT’S MORE THAN JUST IMPLEMENTING SOFTWARE

All business processes should be reviewed and compared to industry best practices when planning an implementation road map

Companies NEED to implement best practice business processes

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Security

Functions

Features

Technology Infrastructure

Business Logic

SYSTEM 1

SYSTEM 2

business process

ALIGNMENT

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By utilizing a roadmap, key data such as users, roles, department IDs and organizational hierarchies will operate seamlessly across all your systems

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data

INTEGRATION

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CLOUD SOLUTIONS ARE BUILT FOR EASY INTEGRATIONS…

Armanino’s prepackaged integration solutions and years of cloud financial integration experience provide out of the box best business practice support for your financial solutions

…but they need to incorporate all aspects of your business processes

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Internal

CONTROLS

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ALL CLOUD SOLUTIONS MUST BE SARBANES OXLEY (SOX) COMPLIANT

Armanino tackles SOX with a risk-based approach utilizing a judgmental, not mandated, set of key controls, both sufficient and consistent with the original intent of SOX.

If SOX compliance is kept in mind during a cloud application implementation, you can save yourself tremendous time and money by not repeating or re-doing overlapping activities

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universal user

ACCESS

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BUSINESS SOLUTIONS SHOULD BE EASY TO USE

As easy as everyday consumer products. Mobile access and ease of use allow for democratization of using critical applications.

Cloud solutions have a unique advantage in supporting universal data access - users can get information that they need when and where they want it.

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userMANAGEMENT

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CRITICAL BUSINESS NEEDS INCLUDE…

The user experience is only as good as the underlying infrastructure

…unified single sign on and access

…a coherent and unified way of managing your users, their roles, rights and permissions across multiple systems

…processes that support best practice compliance and governance

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CFOs inCONTROL

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CFOs ARE NOW TAKING CONTROL OF BEST-IN-CLASS IMPLEMENTATIONS…

…and need a partner in this new world to help them navigate through the new opportunities

400+Armanino has over 400 successful cloud implementations to-date partnering with thought leading CFOs to help them lead their journey to the cloud.

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