Francois Lacas, Deputy COO at Yooz
The change in working conditions brought about by the pandemic has forced many companies to accelerate their technology strategies.
Cloud technology is rapidly becoming one of the key investments for future-proofed businesses, with 30% of businesses planning on moving to cloud systems and adopting Software-as-a-Service (SaaS) platforms as a top priority during the next year.
The benefits of cloud computing in finance - increased efficiency and flexibility, improved cash flow, and more - has long been the driving force behind adoption. But an additional advantage of the technology in reducing costs, ensuring server availability, and preventing unforeseen disasters is something businesses have become all too familiar with.
Alongside these black swan events have been the sudden changes in working environments, moving to more flexible/ remote practices, and more questions being raised about cybersecurity.
This is especially true for remote teams handling sensitive financial data. Securing data and sensitive financial information was a top priority for 36% of finance leaders over the next 12 months, according to a new survey.