Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 30, 2012

Cloud Accounting Benchmark Study Available

Posted by Lindy Antonelli

cloud accounting benchmark studyThe results of a  benchmark study from the Cloud Accounting Institute on cloud accounting, or Software as a Service (SaaS) are now available. This year, a national survey was conducted to analyze the following:

  1. Cloud adoption status
  2. Key expected benefits of cloud solutions
  3. Key concerns of cloud solutions
  4. Expectations of cloud solutions

The survey served as the basis for this benchmark study of cloud accounting best practices, outlooks and trends. The Cloud Accounting Benchmark Study is available for download. The key takeaway from the study is that while finance and accounting professionals are adopting cloud accounting and Software as a Service (SaaS) solutions at a slower rate than other IT categories, accounting systems are nonetheless, migrating substantially from on-premise to cloud.

In addition to sharing the results of a national survey, the report benchmarks against some top research firms including Saugatuck Technology  and Forrester Research . The benchmark study was sponsored by AccessTek, a leading cloud accounting software reseller.

For more information on the cloud accounting benchmark study, feel free to contact Rick Loisi: rloisi -at-

Be sure to share this post with others who are interested in the migration of the accounting and finance industries to cloud solutions. Share your feedback on the study and your experience in using a cloud financial system.

You can download the Cloud Accounting Benchmark Study and also take a look at other white papers available at . View other white papers on cloud accounting and let us know what you think!


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