Blog updated on 10th May 2022 by Jon Isherwood
Financial services businesses are rapidly adopting cloud-based technologies to increase productivity and enhance data security. The SunSystems brand is already trusted by many businesses in the financial services sector and the good news is it is now available as a service from the cloud. But what makes SunSystems Cloud such a great fit in the financial services space? Let's explore some of the reasons.
SunSystems Cloud is a cloud-based accounting solution offering powerful financial management, analytics, and budgeting capabilities. Its flexibility and scalability make it an ideal choice for financial services organisations, including banks, insurance companies, and asset management firms.
One of the key benefits of the solution is its flexible reporting capabilities. The platform provides real-time, accurate financial reporting that can be customised to meet the specific needs of the organisation, including multi-dimensional, multi-entity, multi-currency, and multi-GAAP reporting; capabilities that make SunSystems Cloud the perfect solution for fast-paced national and international businesses in this space.
Data security is a crucial consideration for financial services businesses, and SunSystems Cloud has robust security features, including data encryption and automated backup procedures. The platform adheres to regulatory requirements such as SOC 2, GDPR, and ISO 27001, ensuring that businesses can trust the system to keep their data secure.
In addition, SunSystems Cloud includes the powerful new automation capabilities of Infor OS as standard. This extensive new toolset allows customers to streamline processes, reduce errors, and increase productivity with automated workflows, approvals, and notifications; ultimately getting the right information to the right people at the right time to help them get ahead of the competition.
In terms of scalability, SunSystems Cloud is infinitely elastic and will easily accommodate growth and changing business needs. It can support businesses of any size, from small startups to large multinational corporations. Furthermore, the platform offers class-leading integration tools to support integration with specialist line of business or back-office solutions such as CRM and HR, allowing financial services organisations to benefit from seamless workflow between their various systems.
In conclusion, SunSystems Cloud is a great fit for financial services organisations. Its robust reporting capabilities, data security, automation features, and scalability make it an excellent choice for businesses looking to streamline their financial operations. Additionally, its flexibility and ability to integrate with other solutions allow financial services organisations to create a customised system to meet their specific needs.
To find out more, please download one of our SunSystems Guides or call me on 0113 273 7788.
by Jon Isherwood
Blog Contributor.
