Most of 2020 and 2021 revolved around organizations and their employees adapting to the new normal of remote work. Most organizations that successfully made the transition attribute it to the agility and flexibility of cloud technology that helped them and their businesses bridge the unknown gap that lay ahead.
Cloud technology empowers the remote workforce and equips teams to adapt to the next set of “new normals.” This makes it an essential must-have for all businesses looking to thrive despite the testing times.
While different businesses may be at different stages of cloud tech adoption, here’s a quick guide to help companies either brush up or kick-start their journey toward adopting cloud technology.
Main challenges of remote work
Employees: The pre-COVID era gave employees the leisure of communication and mentorship due to the sheer common location they shared with their peers, managers, and mentors. But, remote work broke that bond. In addition, remote work proved traditional means would no longer work with distributed teams. This results in a dip in overall employee productivity, efficiency, and morale.
Finance teams: Finance has always been a one-on-one thing. Be it for employee expense reimbursements or approval of operational costs. Both Finance teams and employees were used to meeting in person and having back and forths to get things done. But with remote work, this is no longer the case. This results in inaccurate financial records, delayed reimbursements, and overworked Finance teams.
Businesses: Broken traditional processes and unmotivated employees could prove detrimental to the overall health and success of the business. Hence, business owners and leadership teams must understand now is the time for change. Thus, companies must leverage cloud technology to get to the next business level of successfully running remote teams that drive profit and revenue.
Why should businesses consider switching to cloud technology?
The increased isolation between teams has motivated businesses to look for remote collaboration tools that enable seamless communication across teams and departments for consistent productivity and timely completion of goals.
Studies show an 80% increase in the adoption of cloud technology like an expense report software, time tracking software, and communication software ever since the pandemic. This is because cloud tech does all the heavy lifting while promising clean workflows, processes, and operations.
Thus it is safe to say; businesses must consider using cloud tech to bridge the gap between distributed teams. An easy start would be to enable teams to collaborate seamlessly and get work done just as in the office.
5 reasons businesses must switch to cloud computing to help remote employees?
Teams leverage real-time collaborations
Cloud technology is built to help distributed teams and systems. Some cloud tech enable employees to work on a single document from multiple locations while editing it simultaneously. Other cloud tech streamline aspects like communication, documentation, and more.
With all potential roadblocks of remote work tackled, businesses can enjoy working as usual. Additionally, business owners can benefit from having 100% control and visibility into all operations via a unified dashboard. This ensures accountability and easy accessibility into the nuances of all business operations.
Leadership teams make better business decisions
Most cloud software come with advanced data analytics that helps analyze and make data-driven business decisions. This enables teams to make the right decisions with little-to-no extra effort.
For instance, if your Finance teams use an expense management software, they would have insight into top spenders, policy violators, and more. They would also have information around frequent vendors, hotel chains, and airlines that the employees use. With this information in hand, Finance teams can make better decisions around business expense management.
Similarly, other cloud software are custom-designed to address problem areas in their particular ecosystem.
Finance teams have more control over business expenses
There’s no denying traditional expense management is dead. Businesses that use manual means are now doubly prone to fraud, lack of insight into business expenses, and no control and visibility into costs. This can most certainly drive your business to the ground if left unnoticed.
Automation technologies are a ray of sunshine for your business and Finance teams. It makes tracking expenses easier and accurate for your employees and takes away the perils of manually verifying every individual expense from Finance teams.
Additionally, non-compliant and inaccurate expense reports can cause severe problems with the IRS if discovered during audits. Thus, if your business is prone to such issues, it’s time to switch to an expense software that helps improve productivity by reducing the risk of human errors and fraud.
Teams enjoy improved data security and support
While locking doors and cabins with important files accounted for data security in the office, it’s different for remote teams. Sticking to traditional means would mean increased data threat. This could prove harmful to both your business and your money.
Cloud technologies are created with cybersecurity in mind. Every cloud provider works on a shared responsibility model, thus guaranteeing data protection within the cloud.
Additionally, Public platforms like Microsoft Azure allow businesses to design specific security measures ranging from data encryption and user permissions that they feel are apt to prevent security threats.
Bottom line: Rest assured, your data is safe with cloud technology.
Teams have a great experience overall
With cloud tech, employees no longer need to worry about being chained to their desks. They can now work from any place, any device with the same productivity levels as long as they have a stable WiFi connection. This directly correlates to having a significantly improved employee experience.
Around 70% of the employed workforce has requested to go utterly remote by 2025. This is because remote workers are more satisfied with their jobs and are much less likely to quit than those who don’t get to work from home.
Why you ask? Remote work gives an employee the option for a healthy work-life balance to create their schedules and manage themselves, all of which would have been impossible to achieve without cloud technology.
Remote work is here to stay, and its future lies in cloud technology; thus, making it a necessity for organizations worldwide.
A unified digital workspace where your entire organization can access all the essential information they need can truly make remote work effective and sustainable. Enable your business to stay remote while ensuring employee and financial productivity by moving to cloud technology.