The idea of cloud-based technology is polarizing in many business sectors. The cloud offers increased efficiency and cost-savings. However, risks are a significant concern, especially for businesses managing personal and sensitive information. The adoption rate for cloud technology is on the rise and small and mid-sized businesses (SMBs) are replacing entry-level software with cloud technology to improve productivity and profitability.

Modern business management solutions and cloud technology are leveling the playing field, enabling SMBs to compete successfully with larger competitors. Cloud-based ERP solutions offer time and cost savings, yet many business leaders are concerned with the security of proprietary and sensitive data in the cloud. You may be surprised to learn that cloud providers may actually offer stronger security features than on-premises systems. Below, we discuss several reasons why more SMBs are turning to the cloud.

1. 1.Improved productivity: Many businesses use ERP to capture, analyze and share key business data with greater efficiency. These solutions offer workflows that save time, improve consistency of common tasks and allow skilled employees to focus on other value-added tasks. Common business software, including Office 365, OneDrive, SharePoint and Skype are also easily integrated into more robust ERP solutions, like Microsoft Dynamics 365. Provide easy access to all of the tools your employees need to be productive in an all-in-one solution deployed in the cloud.
2. Reduced costs: Cloud deployments don’t require the expensive equipment that on-premise deployments need and they don’t take as much time to implement. With a secure web connection, employees can use cloud-based systems to enter, access and analyze data from their office computer, laptops, tablets and smartphones. This mobility strengthens communication and collaboration with employees that may spend more time out of their office than in it.
3. Stronger security: Cloud providers offer a variety of innovative security features IT departments may not have the ability to deploy or the time to manage. Routine backups, updates and other maintenance activities from behind the scenes are performed by your provider with little to no business interruption. This frees up valuable time your IT team can use to evaluate other technology, such as Internet of Things (IoT), to further streamline operations.

Many businesses are pursuing a cloud strategy, including organizations that manage sensitive data such as those in the legal sector. Turn your IT system into the business advantage needed to thrive in today’s fast-paced, competitive marketplace. Download “Building the Case for Cloud Technology in the Legal Sector,” a complimentary white paper, to learn more about the flexibility and scalability of cloud-based solutions, as well as the data security and disaster recovery features available. Contact Techminds Group for additional guidance and support with developing your cloud plan and ensuring you take full advantage of the many benefits cloud-based technology offers