When searching for AP Automation software, what are the top benefits your organization needs? Our top five “Must-Haves” are: Flexibility, Smart Data Capture, Analytics, Access, and Support.
“Flexibility is not only the key to ensuring your AP system has some longevity built in, it’s also important to work with a technology partner who understands your business and can grow with you – and who won’t be obsolete before New Year’s Eve 2016. Maybe you don’t need to have the full workflow and reporting package now, but it should be in your overall plan in a year or so down the road.”
When asked about the most important consideration evaluating cost and value of cloud computing, Jeff Frankel of DocStar believes it’s what is included in the cloud computing package – specifically everything that contributes to the total cost of ownership.
“Cloud computing is perpetual which means – over time – you might spend more than you might otherwise spend if you leased or purchased the software. That being said, software upgrades and updates are generally included in the cloud monthly fee. This is not the case when you purchase or lease on-premises.”
Current trends show movement toward the public cloud for more businesses. However, this does not mean the private cloud will soon be obsolete. Rather, private cloud can work in conjunction with the public cloud depending on the information businesses need to store.
“Public cloud is not necessarily an all or nothing proposition. Some organizations and industries, depending on their workloads and regulatory requirements, may still need to keep a substantial amount if not all of their systems and data in-house, running in their own privately-owned data centers or in leased space from an outsourcer.”