Budgeting and reporting
software solution idu-Concept is now available in the cloud, making its
benefits available to medium-sized businesses without the expense and hassle of
a major implementation project, the company has announced.
“idu-Concept is an
easy-to-use alternative to Excel budgeting that gives companies better control
over their budget process, with greater accountability and transparency,” says
idu MD Kevin Phillips. “Over the past couple of years we've had a lot of
queries from potential customers who wanted the software, but found the cost of
outright purchase and implementation prohibitive. A cloud-based version of the
software makes it accessible to many more businesses.”
“Any company that’s
already running an ERP system like Pastel, Accpac or Syspro can now be up and
running with idu-Concept within days,” says Phillips. “Using the cloud-based
version of the software makes it a viable opex expense with a fixed monthly
cost per user, rather than a major capital project.” The cloud version is
available for standard financial budgeting and reporting as well as for revenue
sales budgeting and reporting.
Phillips says organisations
using idu-Concept have shorter budget cycles and get more timely reports than
those using Excel. “They also get better management buy-in to the budget
process and the ability for line managers, even those who aren't financially
trained, to use budgets as a day-to-day expense management tool. The
organisation ends up with many more people who are truly accountable for their
budgets at cost centre level.”
idu-Concept in the cloud
is hosted at the new Dube Tradeport data centre in Durban, says Phillips, ensuring
excellent performance and reliability. “There is full off-site replication to
ensure no service interruptions, and thanks to the international bandwidth
landing in Durban, it’s fast. We’re getting better performance from the data
centre servers than from some local machines,” says Phillips.
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