Goodbye legacy accounting systems – How cloud finance systems help wineries thrive

Manual financial and accounting tasks can be tedious as they require extreme attention to detail, accuracy, and constant monitoring.

These systems also make it particularly challenging for businesses to get a real-time view of their financial status because they do not have a centralised, automated system, and this leads to wasted opportunities and missed warning signs. This can significantly reduce the risk of errors, saving time and improving accuracy. Research shows up to 75% improvements in productivity when using award-winning cloud finance solutions likeCloud finance systems are cost-effective compared to legacy systems, as there are no hardware or maintenance costs .

This can lead to more streamlined workflows, and reduces the need for manual processes while increasing efficiency.They provide automated backups, multi-factor authentication and data encryption, ensuring sensitive financial data is protected.Until recently, Brenn-O-Kem, a wine waste transformation company, used Sage 50 Pastel to manage its finances, but internal processes were manually intensive and time-consuming.

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