Many organisations are currently looking ahead and defining their IT business needs for the coming months and years – and that often means finally moving to the cloud. In this article, we look at why cloud computing is important for business as we all adjust to the new normal; we also provide some key points to include in your cloud business case.  

Migrating your software solutions to the cloud requires strategic alignment between IT and business stakeholders, and must take into account the needs and concerns of anyone who will be impacted by such a transformation.

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We understand how difficult it is to write an Expense Policy for your organisation from scratch. Balancing the need to keep costs to a minimum without negatively affecting the business, getting employees to adopt the policy and avoiding abuse of the system is no mean feat.  

Our philosophy for a successful expense policy is that a change to the traditional way in which we think about reimbursing expenses is required.  

Consider this: The majority of expenses incurred should mean, by nature, that your employees are working hard for the company, going out of their way to make it better and willingly using their own money to do so. The priority of your expense policy, therefore, should be to make it as easy and quick for them to be repaid as possible. Use it to thank them for their commitment and don’t discourage them from incurring more expenses in the future when they only have the business’ best interests at heart.  

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The finance industry has a long history of adopting pioneering methods and using cutting-edge hardware, software and computing methodologies to full effect. If you work in the sector, you will also know that before making use of any new techniques and tools, security and data safety must be rock solid. 

Due to the highly competitive nature of the finance industry, adapting to new ways of doing things can mean the difference between success and failure for a business. The fact that cloud solutions are making such an impact must be considered, and the reasons for the large-scale changes need to be understood. 

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Black Bear Fulfillment have a simple mission: To provide the high levels of fulfillment service to Australian customers, which they experienced as a former eCommerce seller in the US and UK. An eCommerce 3PL specialising in smaller consumer items, such as clothing and cosmetics, Black Bear Fulfillment are 100% Australian owned and operated. They are based in Melbourne and employ more than 40 people after launching just three years ago. 

Unlike most 3PL’s they aren’t just focused on the logistics and warehousing side of the business, but also, importantly, the customer. Fulfillment is about people as much as it is logistics, and they needed a software solution to help bring this customer-centric vision to life. 

The team had their sights set on one solution, and one solution only. 

"We decided that if we couldn't get Mintsoft, we wouldn't launch our business,” said Owner Operator Mack Blunsom. 

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With many employees now working remotely due to COVID, this is putting immense pressure on both IT resources and the teams who manage these parts of a business. 

Not all organisations are set up to facilitate remote working, and some that are set up now find their resources overstretched. Along with needing to manage their data systems in a different way, IT teams are also facing the additional issues that arise when entire workforces move to hosted networks as they work from home. 

All it takes is one click on a link or attachment from a phishing email to infect and compromise their personal device and data. And if they’re connected to your network, it could impact your critical business data too. 

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In a word, yes! 

Internal auditors provide an unbiased and objective analysis of an organisation’s activities and operations. It is not uncommon for large corporations to have a dedicated internal audit team in place, continually keeping an eye on various parts of the business, including employee expenses.  

However, not all organisations can afford to maintain a whole department. Small and Medium enterprises tend to share some internal auditing tasks amongst managers which, while not a dedicated team, should also ensure includes employee expenses in their audits. 

Although expense claims may not seem like a huge deal in terms of their presence in the Profit and Loss Statement, their administration, processing and ongoing reimbursements involve many hidden costs, which could skyrocket if not addressed. On top of that, even though the employees generally have the best intentions, there are many things that could and frequently do go wrong, which may affect various parts of the organisation indirectly. 

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There are many reasons why companies are moving business operations to the cloud. Convenience and security are among the top considerations. 

Increasing your competitive edge may not come to mind when considering cloud-based business solutions, but it should. By thinking strategically about the features offered by advanced cloud hosting solutions, you can get ahead of your competitors in several ways. 

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Secure a successful migration to the cloud, saving your business time, resources and money with this step-by-step guide. 

As cloud technology continues to penetrate IT, more and more firms are reaping the promised benefits of greater agility, reduced administrative burden, and lower operating costs. By 2025, it is estimated that there will be more than 100 zettabytes of data stored in the cloud, accounting for 50% of all data storage (source). To put this in perspective, a zettabyte is a billion terabytes (or a trillion gigabytes). By comparison, only 25 percent of all the computing data was stored this way in 2015. The cloud is rising, fast. 

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Inventory management is a crucial piece of a business's profitability. Uncertainties caused by global crises such as COVID-19 and political instabilities combined with changes in consumer behaviours, demands, changing trends and competitors' activities, how can you ensure your businesses are prepared with optimal stock levels all year round?  

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Ribtex International Pty Ltd is a leading wholesaler of craft and packing products in the Australasian area, dominating the market for 15 years. They've developed a strong relationship with a range of trading partners from China, India and the United States, allowing them to provide over 3,000 SKU's across a broad range of product categories at highly competitive prices.  

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