The article I found on Integration Developer News discusses UNIT4 who is oferring a cloud-based service that will allow both enterprise resource planning and financial software users from private companies and government/non-profit agencies to "design, launch and collaborate" on shared networks.
The solutions are meant to enable users to gain better control of their business, lower their costs and increase their ability to respond to changes. Additionally, the service is supposed to allow for easier integration with already existing practices. Personally, the software seems to be a big step in terms of financial software going to the cloud. Still, I am a bit apprehensive about the security risks involved with putting financial information out on the cloud. Because I work in for an accounting/financial planning office, I cant help but wonder how affiliated financial advisors would feel about a decision to "go to the cloud." What kind of disclosures/regulations would be involved with everyday work? Is it worth the risk?
http://www.idevnews.com/stories/4755/UNIT4-Launches-Cloud-Based-Shared-Services-for-ERP-Financial-Software
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