MICPA Cloud Accounting

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Transcript of MICPA Cloud Accounting

FROM ZEROTO CLOUD BASED

MICPAJune 28, 2016

David Valade, VP of Operations, Alta Vista Technology

Who We Are

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Who We Are

AltaVistaTech.com

David ValadeContact Info: 248.733.4504 x701 office

dvalade@altavistatech.com

MY FOCUS Multi-vertical ERP Software for the midmarket

MY EXPERIENCE Working in ERP space since 2000Accounting, Distribution, Professional Services, Manufacturing, Payroll

Talking about Cloud, but first, a story…

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A Cautionary Tale…

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About Medstar Health and one bad day on

March 30th, 2016

A Cautionary Tale…

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“We can't do anything at all. There's only one

system we use, and now it's just paper.”

A Cautionary Tale…

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So: no more “in the cloud.” Right?

Well…

If so, how do we get there?

Is it worth it?

Agenda

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• What do we mean by “The Cloud”?• What are the benefits?• What are the risks?• How do we get there?

What do we mean when we say “The Cloud”?

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What we DON’T mean

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Different Types of Cloud Computing

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IaaS

SaaS

PaaS

XaaS

IaaS = Infrastructure as a Service

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Third-party provider hosts hardware, software, servers, storage and other infrastructure components on behalf of its users. IaaS providers also host users' applications and handle tasks including system maintenance, upgrade, backup and resiliency (disaster) planning

IaaS = Infrastructure as a Service

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Typically, you own the software and someone else owns the rest.

The manage those other pieces for a fee.

IaaS = Infrastructure as a Service

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Benefits

• Organization IT focuses on value-added tasks

• You pay for what you use (scalable)

• More accessible remotely• Smaller up-front cost• Reduced TCO

SaaS = Software as a Service

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Software distribution model in which applications are hosted by a vendor or service provider and made available to customers over the Internet

SaaS = Software as a Service

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Usually, think of this as a program you run inside a browser.

Examples: Intacct, SalesForce, Gravity, gMail…

SaaS = Software as a Service

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Benefits

• Virtually no IT maintenance• You pay for what you use

(scalable)• Faster innovation• No Upgrades• Smaller up-front cost• Reduced TCO

PaaS

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Provides a platform and environment to allow developers to build applications and services over the internet. PaaS services are hosted in the cloud and accessed by users simply via their web browser.

PaaS

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Benefits

• No Infrastructure• Developers get a head-start• Faster innovation

XaaS

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ANYTHING as a service

Storage-as-a-service

Disaster Recovery-as-a-service

Communications-as-a-service

Network-as-a-service

Monitoring-as-a-serviceData-as-a-service

Desktop-as-a-service

Typical Deployment Options

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On -Premises

• Legacy Option –You own the hardware, software, and infrastructure

Hosted

• Hybrid –You usually own the software and rent the hardware and infrastructure

SaaS

• True “cloud” – a vendor provides the software which you run through a browser

Considering Options with Costs

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Upfront License Fees

18+% Annual Maintenance Fee

Customer Bears All IT Costs & Risk

18-24 Month Release Cycles

Customer Bears All Upgrade Costs & Risk

TraditionalOn-Premise

Pay for what you use

Included

Vendor’s Problem

Faster Innovation

Vendor Handles

True Cloud/SaaS“Cloud” Hosted

Upfront License Fees

Annual Fee or Included with Subscription

Hosting Provider’s Problem

18-24 Month Release Cycles

Customer Bears All Upgrade Costs & Risk

Total Cost of Ownership

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Cloud: Full Featured

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Why Move?

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Okay, sounds great, but about that security question…

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Concerns About Cloud Accounting

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Security

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DIFFERENT TYPES:• Physical Security• Application Security• System Security• Data Security

Security

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PHYSICAL SECURITY:• Multiple fiber trunks and mirrored RAID storage• Standby servers and redundant network

components• Redundant uninterruptable power supplies and

parallel redundant generators

Security

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APPLICATION SECURITY:• Highly granular level of control over user access• Option of requiring 2-step user verification every

time a user signs on through an unrecognized device

• Enforced password changes and automatic session timeouts

• Option to set acceptable IP ranges from which users may log in

Security

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SYSTEM SECURITY:• SSAE 16 SOC1 Type II audited and PCI DSS certified (LIKE

BANKS!)• Tightly restricted access to production data including

biometric access controls• Hardened networks and firewalls• Real-time activity log tracking• Automated security scanning and third party white hat

penetration testing• Virus resistance reinforced through software architecture• Oracle database secured with advanced security• Minimum 128-bit encryption for all data transmission

Security

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DATA SECURITY:• Full daily backups to multiple locations• Continuous backups of transaction data• Secure streaming of transaction data to

remote disaster recovery center

Security

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Can’t the big guys do it better?

Security

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Can’t the big guys do it better?

Security

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Can’t the big guys do it better?

Never Mind Concerns, “Cloud” is Growing

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Summary: How to get there

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Are You Ready for the Cloud?

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1,000 Feet

2,000 Feet

3,000 Feet

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THANKS!

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Grand Rapids

62 Commerce Ave. SW

Grand Rapids, MI 49503

O. / F. : 616.222.0639

Southfield

24700 Northwestern Hwy., Suite 601

Southfield, MI 48075

O. / F. : 248.733.4504

Facebookwww.facebook.com/AltaVistaTechnology

Twitterhttps://twitter.com/AltaVistaTech1

LinkedInhttps://www.linkedin.com/company/alta-vista-technology

info@altavistatech.com

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