How a Cloud-Based Content Management System Increases Profitability
What is a business without profitability? As a business owner, you do everything you can to keep your business profitable. You deserve to do more than just check off all the right boxes; You deserve to see your business thrive. A lot of business owners feel the same way, which is why many are switching to a cloud-based content management system.
It turns out that the cloud-based platform provides a clear pathway to higher profits. The upfront investment is small, especially compared to the overall cost-effectiveness that businesses enjoy once they make the switch.
Plus, cloud-based platforms provide a level of flexibility that other platforms simply can't provide. Flexibility is a good indication of a successful company. The agility a cloud-based architecture provides creates an environment that is ripe for profitability. Here are three ways that moving information to the cloud will benefit your company by increasing flexibility and profit.
First of all, when you switch to a cloud-based platform, you get the kind of scalability that you would never get from a platform that you host on-premises. In business, scalability matters.
The size of your organization impacts many of the strategic decisions you make. When you choose a cloud-based content management system, you invest in a platform that flexes with your company as you grow. In the past, content management systems were based on package deals. You purchased a certain amount of space on a server for a particular amount of time.
That system may have worked well enough in the past, but these days, you really need a system that can grow with you. You've heard the adage that says "you have to spend money to make money," but you also know that it's important to limit your spending if you want to make a significant profit. With a software package deal, you may be forced to spend a lot of money on upgrades as your business grows. If you don't have the money to spend on those upgrades, then you end up stuck with a system that doesn't work for you.
So why not choose a platform that will grow with your business instead? It's not just possible; It's easy. Now, thanks to cloud computing, you get to choose the platform you love, and it adapts to your needs over time. Your organization may expand, branch out, and even divide without concern for the state of your data. You don't have to waste your time or money, so you can rest assured that your software platform won't eat into your company profits.
Are you losing money by tying your business to your desk? Today's business is on the go. Customers have more access to businesses than they've ever had in the past. Thanks to smartphones, tablets, and other technology, their favorite products and services are only a few clicks away. Clients have gotten used to quick gratification, and businesses who can't keep up will lose their profits to businesses that can.
Furthermore, more businesses are going remote these days. Employees get more time to work from home, which provides them with a level of flexibility that they don't get from working in the office every day. Because many studies have shown a connection between flexibility and productivity, business owners are looking for ways to provide that flexibility.
Mobility is the way of the contemporary business, but you can't have much mobility without a cloud-based content management system. If you host your content management on-premises, then neither you nor your employees can access your documents once the office computers are turned off. There's no option to take work on the go. It's a highly restrictive system in this day and age. Today's businesses need room to breathe.
Fortunately, a cloud-based content management system travels with you, allowing you to access all your essential documents and data from anywhere. All you need is an internet connection and connected device to access your mobile office. In addition to letting you travel with your data, a cloud-based platform keeps you connected to your team. Whether receiving a client’s approval, drafting a project proposal, or sending an invoice, your cloud-connected mobile device is all you require.
The saying “time is money” is popular for good reason. If you lose time, you lose productivity, and if you lose productivity, you lose profits. Have you ever asked yourself how much time your company wastes on its documents? It may be more time than you realize.
In most industries, employees spend an excessive amount of time managing projects to keep them moving forward. At the same time, manual data entry, data backup, document routing, and countless other daily processes require more work hours than the strategic and more meaningful work. In a cloud-based content management system, these basic tasks can be automated, allowing your staff to focus on the higher-level tasks that move your company forward. Project automation keeps your teams accountable and clarifies roles and responsibilities. Forms automation moves each document to the right person in sequence without oversight. In the end, cloud-based automation is the surest way to increase your organization’s profitability.
A cloud-based content management system isn’t a new tool, but today’s version is significantly more flexible and beneficial than its older counterparts. In fact, choosing cloud-based software is your first step into your company’s future. The key is making sure that you choose the right content management platform for your organization.
That's where Vasion comes in. Vasion is a highly powerful, flexible content management platform that can help you keep your documents organized. More importantly, it can help you save time, save money, and maintain excellent communication among your team members. Vasion's platform keeps everyone in the loop so that you can avoid miscommunication and focus instead on productivity and profit.
Interested in learning more? Contact Vasion for more information today. We can schedule your demo so that you can see our platform in action. Let us show you how Vasion can work for you.