Small businesses are embracing cloud- based tools… Calendar management E-Marketing toolsEmail CRM Accounting/Billing/InvoicingDocument Management Human Resource Management Online Payment appsData storage/Backup
What’s driving this demand?• Small biz people want to be mobile• Using multiple devices – strong desire for everything to be “in sync”• Ability to choose platform / OS• Quick implementation and low upfront costs – low risk• No more upgrade headaches• Disaster recovery/backups – done!Business people are realizing that the cloudremoves much of the pain associated withtraditional on-premise software tools.
What about Security?• We use 256-bit data encryption.• Data is stored in secure data centers with physical and electronic protection, 24/7 monitoring, security guards, etc.• Certified by 3rd parties and annual security audits conducted.• Bank feeds are optional and READ-ONLY. Wave can never move or transfer your money.
A little bit about Wave…• Headquartered in Toronto • Nothing outsourced!• $19 million in funding• Named to Deloitte’s prestigious ‘Companies to Watch’ list• 350,000 customers in 200+ countries• Adding 30,000 per month• 5M page views per month• Over 70 employees
• Sign-up online – up & running in seconds• We are also the host provider (one throat to choke)• Applications are designed & optimized for the web o Any operating system o Any browser o Any device• Updates delivered every 2 – 3 weeks o No disruptive “upgrades”
Wave Accounting• Wave Accounting launched November 2010• FREE & robust online accounting app for small business (GL, AR, AP)• Your data stored in CANADA
Our Customers…• Most are very small businesses, that understand that accounting is important and necessary, but still have a difficult time making it a priority • Solopreneurs • Work-at-home moms • Contractors • Photographers • Realtors • Freelancers