North America
April 25, 2021
The Importance of Cloud-Based Technologies in E-Transformation Processes
Learn more about the advantages that cloud technologies provide including efficiency, flexibility and cost savings

Ayhan Boyacıoğlu

Author

Sovos

This blog was last updated on May 7, 2021

Digital transformation continues to evolve and develop, introducing new solutions and cloud technologies for enterprises around the world.

These technologies provide flexibility, agility and reduce operational costs for the companies.

Advantages of cloud-based technologies

Moving to cloud-based technologies provides many advantages including quality, increased efficiency, and profitability. It’s important to work with a service provider you can trust to ensure that the transition to the cloud is tailored to your company’s needs. There are many advantages to moving to cloud-based technologies:

  • Security: Cloud technologies can raise security concerns for companies, especially when sensitive information is involved. Working with a frequently audited cloud service provider can help ease security concerns.

    Many cloud technologies are compliant with international privacy standards to ensure the protection of corporate information. When looking for a service provider, it’s important to discuss your security requirements with them and ensure they consider enterprise security as a key responsibility and not as an extra cost.

  • Accessibility and flexibility: Information stored in the cloud eliminates the need for physical access. This enables information access from anywhere and storage flexibility to suit current business needs.

    Cloud technologies also minimise the potential for data lost as the information is not physically stored in the company and can be backed-up to ensure data can be recovered.

  • Business continuity: As cloud service providers continuously monitor systems, updates and maintenance can be carried out to cloud services remotely to avoid interruption to services.

    In the event of a system failure, enterprises can be maintained via cloud solutions for business continuity.

As well as providing continuity, efficiency and flexibility to enterprises, cloud-based technologies help power digital transformation and futureproof business processes.

Take Action

Download Navigating Turkey’s Evolving Tax Landscape to find out more about the e-transformation requirements for companies operating in Turkey.

Ayhan Boyacıoğlu
Ayhan is vice president of product management for VAT EMEA, leading product and solution strategies with an emphasis on SAP. He manages a team of tax experts who turn product vision into reality at the right time to meet the continuous global challenges of VAT compliance. Ayhan has over 15 years of SAP experience and 9 years of regulatory solutions. He graduated from physics engineering at Istanbul Technical University
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