Cloud integration: the future of accountancy
Updated 6th April 2023 | 5 min read Published 5th May 2022
A thriving accountancy firm is like a well-orchestrated theatrical performance: alongside the amazing spectacle is a wide array of intricate behind the scenes action that makes it all possible, which in the case of the accountancy profession, is software.
However, just like any performance – if your ‘behind the scenes' work isn’t sufficient, it can prove disastrous.
Those who haven’t got back-office systems that are agile and resilient in the face of change will suffer.
So, how can you future-proof your practice’s operations? The solution is undoubtedly cloud integration, and in this article, we’ll explore why.
The importance of cloud
For many, cloud technology has been a lifeline over the last two years, enabling firms to continue their operations during the pandemic.
With many employees now accustomed to working from home, workplace expectations have forever changed.
As a result, employers must offer some level of hybrid working, supported by cloud, to meet these new demands – otherwise, they risk losing top talent and may fail to attract new employees.
Taking cloud to the next level with integration
While cloud platforms have gained momentum in the accountancy industry, the benefits of cloud can be taken further with integration.
The opportunity for further optimisation is primarily due to the time drain associated with managing multiple pieces of software.
More traditional solutions – desktop hosting and SaaS software (cloud-native software) – mean accountants are faced with a myriad of various siloed apps.
As a result, accountants must bounce between their various apps without a singular experience, hindering their day-to-day.
But with cloud integration, accountants can connect their tech stack, providing a single place to manage processes and clients.
An integrated solution enables accountants to reduce the time needed to manage their technology, providing more resources for value-added activity.
IRIS Elements: unlocking the potential of cloud integration
Our latest customer survey suggests that 78% of firms have fully migrated or are in the process of moving their operations to the cloud. Some were even born in the cloud!
To empower accountants, we’ve created our integrated solution, IRIS Elements, helping you take your firm to the next level.
IRIS Elements offers an all-in-one seamlessly integrated link to the cloud, designed to:
- Help onboard clients faster
- Leverage external applications
- Create a strong core set of integrated functions
- Track and manage tasks
- Automate admin-heavy processes
- Improve workflow efficiency
- Streamline document approval
- Deliver client communications
Continuously evolving IRIS Elements
With IRIS Elements, we’re always developing the framework and building new functionality straight into the software, ensuring a continuously evolving but harmonious look and feel.
Additionally, thanks to the integration capabilities, as we acquire new businesses and partners, those solutions blend seamlessly into IRIS Elements, further enhancing the capabilities.
Move to the cloud at a pace that suits you
Unlike other software vendors, we’ve listened to our customers' concerns about moving everything to the cloud in one huge transition.
To resolve these worries, IRIS Elements works alongside existing desktop software and cloud modules, providing accountants with the ability to gradually move at their own pace.
The next generation of accountancy software
Picture a world where you have everything you need – your software is agile to changing market conditions, you’re resilient to future threats and you can easily scale processes in line with your growth.
That’s the world IRIS Elements can provide your firm.
So, to ensure your firm’s performance is optimised, get your ‘behind the scenes’ right with IRIS Elements.