SAN JOSE, Calif. — Cloud financial management and accounting software developer Intacct has been included on the AlwaysOn OnDemand 100 Top Private Companies list. MSA System’s Qstock Inventory software has spent the past few months taking the deep dive Integrating with Intacct. Our software is the extension to Intacct for Inventory Control and Warehouse Management. Allowing the Intacct user real time Bar Coding and Labeling with RF scanners and Label printing. Our team is pleased to be working with Intacct. Congratulations Intacct for making it for the 4th year in a row and to win this prestigious honor.
With hundreds of technology companies being represented this was a tough choice. The cloud solutions are really making a name for themselves they are not getting pushed out of the way or put in the closet they are up gaining market share. Here are 4 reasons Why…Taken from ” Tilburg University, TiSEM”
Lower upfront costs
Cloud computing substantially reduces the capital expenses incurred by an enterprise in order to implement an ERP system (Marston et al. 2010) or to switch to a new cloud-based one (Benlian and Hess2011). The part of the upfront costs that is mainly reduced includes expenses for hardware, user licenses,and implementation, excluding user training and customization (Grumman 2011). According to our literature review this benefit is generally considered to be more important for SMEs than for large enterprises.
Lower operating costs
Cloud-based ERP lowers operating costs for energy, maintenance, configuring, upgrades, and other IT staff costs and efforts (Castilian et al. 2011, Marston et al. 2010). This benefit is generally considered as having increased relevance for SMEs.
Rapid implementation is generally agreed to be among the top benefits of cloud-based ERP. It could also contribute to easier change of cloud service providers (Belgian and Hess 2011) and reduced time of providing new products in certain types of business (Marston et al. 2010).
Resource pooling and rapid resource elasticity of cloud-based ERP make the infrastructure capacity high-lee elastic (Savor et al. 2012). That in turn enables faster time to market (Kim et al., 2009, Marston et al.2010), high level of strategic flexibility and improved competitiveness (Belgian and Hess 2011). This feature is reported as a possible advantage that is particularly relevant for SMEs in competing with large rivals.
Focus on core competencies
Cloud-based ERP and other enterprise applications allow focusing the resources that would be used to maintain an IT department on other essential areas of business (Castilian et al. 2011). In some cases it mainly results in reduced pressure on internal IT department which can focus on servicing core competencies (IT solutions, 2011).
Supporting Links to Articles and Websites.
CPA Advisor Weekly http://www.cpapracticeadvisor.com/news/10932751/cloud-accounting-company-makes-top-100-private-companies-list?utm_source=CPA+Small+Business+Advisor&utm_medium=email&utm_campaign=CCSN130501002
Qstock Inventory Integration with Intacct http://www.qstockinventory.com/intacct-integration/
Intacct Marketplace https://intacct-mkt.p1.intacctportals.com/ia/acct/pt_p.phtml?.op=3802&p=10004&c=intacct_mkt&g=10707&.sess=5yB38nVXT3RLu0NMH_iTrlcsdEo.&.op=3802&id=10702&.sess=Aeu95_D7WFwR8UkWri3fk-s7XBA.