In the chain of transactions a business operates, a tight integration of cloud services can provide compounding growth for many SMBs. Deloitte has found that SMBs using an above average number of cloud services tend to grow 26% faster and become 21% more profitable on average.
There are a myriad of different integrations available to businesses operating cloud based software. A progressive SMB in the retail space might adopt and integrate cloud software to manage point of sale, accounting, employee management and payroll services. Each provides ample value but it’s via integrating services that companies can develop a competitive edge.
The connected SMBs of 2016 will integrate cloud technology to manage all aspects of business operations. In doing so business owners will use the resulting data and insights to streamline operations, improve visibility, drive decision making and reduce costs.
