The document discusses how cloud computing allows businesses to scale up and down quickly with minimal costs, work productively from anywhere, innovate faster by testing new products and models quickly, and accelerate competitiveness by connecting data and applications. It provides examples of how cloud technology has helped businesses grow 26% faster, access new markets, and overcome growth challenges. The cloud offers scalability, flexibility, cost savings, security, and other benefits tailored to businesses at different stages - startups, rapid growers, and mature companies.

1. One of the many things
that sets us apart is our
award winning
use of technology to
improve business
performance

2. WHAT IS THE CLOUD
According to
this, the planet earth
was once populated
by humans, then
in 2012...
They all
moved to
the cloud
In the
simplest terms,
cloud computing means:
instead of your computer's hard drive
storing and accessing
data and programs over
the Internet

3. THE MANY IMPACTS OF THE CLOUD…
GROW FASTER
SME’s
using cloud technology to
grow
26%
faster
deliver
21%
higher gross
profits
overcome
their growth challenges

4. 85%of those surveyed believe
scale and grow faster
cloud enabled their business to
Enables
77%of SMEs to access new markets

5. The
cloud allows
the most effective use
of limited resources
WORK SMARTER & BE MORE PRODUCTIVE

6. quickly with little cost
Scaleup
anddown
Deploy a mobile and flexible workforce
£

7. With the pace of business, you need to ensure your people are
productive and connected on the go
You need to be able to
work across
devices, from
anywhere
and have a
consistent, clean, and
fast experience doing it

8. INNOVATE
The clouds scalability allows you to
quickly respond to new opportunities,
testing new products
and business models

9. ACCELERATE COMPETITIVENESS
The key to acceleration is in making connections between
applications
data
sources

10. allowing people to
connect share collaborate
Drive smarter, faster
data-driven decisions

11. A Suite of cloud
accounting solutions
Virtual Finance Director
offering
Insights helicopter analysis
Risk management software
HOW WE EMBRACE THE CLOUD TO HELP YOU

12. Sage Accounts
Microsoft Office
Internet based Telecomms
Customer management systems
THE EVER INCREASING SUITE

13. You have probably heard the phrase ‘virtual FD’
the new and true meaning of a virtual FD is one that
feels (to you)
present, engaged and
responsive to the business
VIRTUAL FINANCE OFFICER / DIRECTOR
not just someone with finance skills who
doesn’t work within the business premises!

14. What does a
virtual finance
officer do?
?
BANK
Providing sickness and holiday cover for in-house accounts staff
Representing the company at meetings with the bank, shareholders
and auditors
Implementing financial strategy
Providing regular reports and forecasts
Providing guidance to in-house accounting function
Managing cash flow and control

15. BANK
we provide a helicopter view of key stats for
business owners and managers.
This is in the form of a one page dashboard
graphic that at a glance, highlights areas to
address or congratulate
INSIGHTS
Fast and thorough business monitoring
i.e. cash-flow, credit control,
progress toward goals.

16. Better the devil you know!
Arm yourself with information to make good decisions
RISK MANAGEMENT SOFTWARE

17. THE OTHER BENEFITS…
CURB INFORMATION OVERLOAD
see the stats you need to see with our
insights and general visibility

18. PROACTIVE ACCOUNTANTS
helps us be more
as we engage
‘during’ not ‘after’
curbing problems before they become
unmanageable and spotting opportunities
to streamline costs and exploit growth
proactive with
our advice

19. Flexible,
cost-effective
IT services
Now businesses such as yours can subscribe to hosted services,
paying a fixed monthly subscription
Installed for FREE and FREE upgrades!

20. ACCESSIBLE
Today’s start-ups have
immediate access to enterprise-grade technology
of start-ups surveyed believe cloud
technologies enable them to
access tools and
technologies they
would not have
been able to
afford otherwise
83%

21. Access
your data anywhere
at any time

22. SCALABLE
The cloud gives you the ability to rapidly
scale capacity up and down
and standardise
and share information across
multiple business locations

23. FLEXIBLE
Using cloud technology reduces the
need for up-front capital investment,
allowing
focus, time and money
to be better spent on their customer proposition

24. SAVE MONEY
Grow with fewer infrastructures
No additional hardware or software or set
up costs required
Saves cost in the short- and long-term
Grows with you, over time
Less future upheaval

25. LOW MAINTENANCE
Had to
maintain any
clouds lately?

26. SECURE
Data and assets are stored remotely as a
backup to the businesses operations
Keep data safe with automatic
back up
Peace of mind
More efficient
Straightforward to use
Saves time

27. Always up to date
The software is automatically upgraded
so that you’re always working with the
latest legislative
information and up-to-date
technology
Relax in knowledge your software is
fully compliant
Saves you time and hassle
Saves cost

28. In the start-up phase a business seeks to survive and win market share
If it overcomes these initial challenges, it will typically move to the
rapid growth phase, where it aims to expand substantially and in a
controlled fashion.
When fast growth subsides, it enters a phase
of relative maturity, where profitability and
seeking out the next growth area become the
focus.
THE BUSINESS LIFECYCLE
There are three key stages of life for SMEs

29. Using cloud technology reduces the need for up-front
capital investment, allowing focus, time and money to
be better spent on their customer proposition
STARTUPS
AND THE CLOUD1

30. The rapid growth phase tests an SME’s scalability,
managerial control and sustainability.
Cloud tools are flexible enough to adapt to the needs
of the business as it expands and so do not hold the
business back
RAPID GROWERS
AND THE CLOUD2

31. For mature companies the cloud offers an opportunity
to simplify and streamline operations to unlock more
capital to invest in new phases of growth.
...and also enable them to experiment with new
business models
3 MATURE COMPANIES
AND THE CLOUD

32. 47%
38% 36%
32%
27% 25%
16%
Mobility/
remote
working
Reduced
operating
costs
Collaboration Lower
maintenance
requirements
Access to
technical
expertise
Scalability Not tied into
long term
contracts
REASONS FOR CLOUD ADOPTION IN THE UK

33. QUESTIONS TO ASK YOURSELF
Could
your business
use cloud technology to
overcome some of the
challenges that you face?
Are you
spending too
much time on tasks that
are not driving forward your
customer proposition?
Do you
need to be more
strategic and forward looking
about your IT investments?
Could you
remove barriers to
growing faster by using
cloud technology?

34. CLIENTS QUOTES
OUR MOTTO...
cloud technology
makes the maintenance and admin
side of technology someone else’s
issue so I can focus on
building the offering to
our customers
if you can’t measure it, you can’t manage it
cloud
is fantastic for us
we don’t have to sit on capital
investments, waiting for
customers to come to make the
investment worthwhile

35. 92%
of businesses are completely satisfied
with their cloud-based services
76%
of businesses who use
cloud plan to increase
their usage of it over the
next year

36. YOUDON'T NEED
TO UNDERSTAND
THE CLOUD TO BENEFIT
FROM IT!!

37. www.mitchellsaccountants.co.uk
/cloudmitchells
consult@
mitchellsaccountants.co.uk
ASK US ABOUT CLOUDMITCHELLS
01246
274 121