– This article was last updated on 16 July 2021-
A web-based application such as ExpenseIn offers more than just expense management. By saving your receipts to your account in the cloud, you can stop spending hours on expense reports, save on paper and hardware, and become more efficient.
Here are 8 advantages of cloud computing:
1. Savings
Less hardware, space, expenditure on IT and staff result in potentially enormous cost saving.
2. Security
Security levels will depend on your cloud provider’s systems, but cloud computing offers the infrastructure and expertise for far higher levels of security than most in-house systems. Research has shown that nearly 95% of businesses see an improvement in security by using the cloud.
3. Disaster Recovery
More than double the number of cloud users to non-cloud users are able to recover from a major website problem within 4 hours.
4. System Maintenance
Businesses are able to experience automatic and ongoing upgrades to their software, while on-site IT departments and servers are no longer a concern.
5. Efficiency
A central, online repository for file exchange is far more efficient than complex paper-based filing or email attachments, and document versioning software ensures that co-workers are looking at the latest files.
6. Remote Teams
Cloud technology is a great driver of the virtual office, with collaboration across time zones increasingly common.
7. Business Agility
This empowers organisations to be more flexible, with growth or downsizing less problematic with fewer on-site workers and less hardware.
8. Corporate Responsibility
Cloud computing offers a more efficient use of resources, and a cut-down in paper waste.
Understanding of cloud computing continues to grow, but doubts still persist among individuals and groups who stand to benefit from services that offer UK businesses greater flexibility, efficiency and security.
