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.

January 12, 2012

Cloud Predictions Fill the Air

Making predictions is a time-honored way to celebrate the New Year. It goes along with making resolutions. In the depth of winter we pump ourselves up for a fresh start by asserting that we know where we’re going and we know what it takes to get there. So let me confess, I read lists of …

December 16, 2011

Cloud Computing Enables Business Collaboration

Improving collaboration seems more intangible than the other two benefits, but it’s not. Here’s what one of our accounting business partners says about it. “Increasing our ability to connect with client data does more than remove inefficiencies from our relationships with clients. It enables us to perform services and provide business advice that actually helps …

December 8, 2011

Cloud Washing: Beware of Rainmakers Watering Down the Concept

In a recent article  titled, “Another reason not to cloud wash – real cloud services are maturing fast” Forrester Research Vice President and Principal Analyst James Staten wrote: “Since cloud became a household word, vendors and enterprises alike have jumped to declare victory on cloud with services and infrastructure implementations that really don’t deliver cloud value …

December 2, 2011

Decision Making Process: How to Beat Murphy’s Law

One of Murphy’s Laws of Computing  states, “When you get to the point that you really understand your system, it is probably obsolete.”  And the sequel: when you go to replace it, all the options are systems you don’t understand. No wonder people hate to have to replace their accounting system! In this situation, a …

November 18, 2011

Security in the Cloud

When Saugatuck Technology surveyed more than 700 business management, finance and IT executives about the  business benefits they expected from adopting SaaS offerings, the top three were simplifying software management, reducing capital and/or operating costs, and improving internal and external collaboration, selected respectively by 30%, 29% and 23% of the respondents. From previous posts you can …

November 6, 2011

TCO: Accounting for Cloud Computing Costs

Total Cost of Ownership (TCO) analysis is a management accounting tool used for determining both the direct and indirect costs of a product or system.  Because the cost structures of on-premises applications and Software as a Service (SaaS) differ so much, TCO analysis is needed to establish a comparable cost basis. If you are about …

November 1, 2011

Software Acquisition: Rent or Buy?

Admit it – you’ve always wanted a red sports car. When you travel out of town for business, you rent one.  Hey, a person needs to get around… The dynamics of renting versus buying a car are clear. If you rent, you pay per use, and you have your pick from any model on the lot.

October 26, 2011

SaaS Or Not?

Software as a Service (SaaS) looks and feels like the applications you are used to, but its underpinnings are so different that it is frequently defined by what it is not. The Gartner Group defines SaaS as “software that’s owned, delivered, and managed remotely by one or more providers. If the vendor requires user organizations …

October 20, 2011

What is Cloud Accounting?

Cloud computing impacts all of us, both as consumers and as business people. Google, Facebook, and Amazon are familiar consumer-oriented examples; Webex and Salesforce represent the business type. These companies provide applications and store application data “in the cloud” – so called because IT diagrams use the icon of a cloud to represent a network, especially the Internet. …

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