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Is your current finance system ready for post Covid-19 Remote Working?

With the business world having changed dramatically over the last few months, many organisations are taking this opportunity to re-evaluate whether they should consider allowing their employees to work from home on a more permanent basis in a post Covid-19 business world. 

There are no doubts that remote working adoption can provide a number of benefits for staff and employers such as: 

  • Avoiding unnecessary travel and costs associated with both commuting and travelling to businesses. 
  • Giving employees a greater control over their life/work environment 
  • Reducing the overheads of the business for things such as office space 
  • Reducing the carbon footprint of the business 
  • Ability to work anywhere. 

If you are a business and thinking that you want to take advantage of the above benefits and become full time working from home you need to ensure that you have the right technology to be able to do this. Therefore, if you are currently using an on-premise finance system, you may wish to consider making the switch over to a cloud-based finance solution from Microsoft such as Dynamics 365 Business Central. 

So just how can a Cloud based finance solution benefit your organisation? 

Flexible Licensing 

You will find that the overall licensing costs associated with using a cloud-based finance solution are much lower than an on-premise version. For a cloud-based finance solution, you pay for the license on a monthly basis but only pay for the users that you have registered and nothing more. 

Reduce the IT costs in your business 

As Microsoft fully manage the servers for a cloud-based finance solution, you will save valuable resources and money as you won't have to administer servers, backups and failover support. Furthermore, the solution has a guaranteed uptime of 99.95%. 

Automatic Updates 

You will find that the finance solution is ‘evergreen’ and updated with enhancements automatically as part of your subscription usually in April and October, therefore reducing the need to upgrade your software. 

Accessible anywhere, at any time and from any device 

You will be able to easily access this cloud-based finance solution from most web browsers as well as from any device which means you can easily access it on the go. 

Seamless integration with the Microsoft 365 suite of applications. 

This cloud-based finance solution is able to fully integrate with Microsoft’s suite of products such as Office 365 which means that the sharing of data is incorporated and can easily be accessed in real time. 

Next Steps? 

If you are a business and any of the above points resonate with you and would like to discuss how Microsoft’s Business Central solution can help you transform the way you work in a Cloud based environment then please get in touch with our team of Business Central experts today to discuss your specific requirements.