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Submitted URL: https://app.go.sage.com/e/er?utm_campaign=NPS_23Q3_OT_US_SageAdviceJuly_MediumBusiness&utm_medium=email&utm_source=Eloqu...
Effective URL: https://www.sage.com/en-us/blog/hidden-cyber-risks-of-financial-data-silos-for-saas-companies/?utm_campaign=NPS_23Q3_...
Submission: On July 13 via api from US — Scanned from NL
Effective URL: https://www.sage.com/en-us/blog/hidden-cyber-risks-of-financial-data-silos-for-saas-companies/?utm_campaign=NPS_23Q3_...
Submission: On July 13 via api from US — Scanned from NL
Form analysis
3 forms found in the DOMGET https://www.sage.com/en-us/blog/
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<input type="search" id="search-field" class="search-field" placeholder="Search Sage Advice" value="" title="Search for:" autocomplete="off" name="s" required="" tabindex="-1">
<button type="button" class="search-form__button search-form__button--close" aria-label="Close" onclick="toggleSearch()">
<svg role="presentation" aria-hidden="true" focusable="false" width="16" height="16" class="svg-icon" viewBox="0 0 16 16">
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POST https://www.sage.com/en-us/blog/wp-comments-post.php?wpe-comment-post=sageglobal
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<div class="comment-form-gdpr">
<p>When you leave a comment on this article, please note that if approved, it will be publicly available and visible at the bottom of the article on this blog. While your email address will not be publicly available, we will collect, store and
use it, along with any other personal data you provide as part of your comment, to respond to your queries offline, provide you with customer support and send you information about our products and services as requested. For more
information on how Sage uses and looks after your personal data and the data protection rights you have, please read our <a href="https://www.sage.com/en-us/legal/privacy-and-cookies/">Privacy Policy</a>.</p>
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<input type="hidden" id="_amc" name="_amc" value="1c159f71ea">
<p class="form-submit"><input name="submit" type="submit" id="submit" class="submit button button--primary" value="Send"> <input type="hidden" name="comment_post_ID" value="18871" id="comment_post_ID">
<input type="hidden" name="comment_parent" id="comment_parent" value="0">
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<p style="display: none;"><input type="hidden" id="akismet_comment_nonce" name="akismet_comment_nonce" value="84daf0bf19"></p>
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Name: Sage-Advice-US-Standard-Subscriber-form_1689261474715 — POST https://fpc.sage.com/e/f2
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<div class="gcdc-form-intro gcdc-form-group gcdc-form-group-padded">
<div class="gcdc-form-message">
<h2>Join 1.5 million global readers receiving the Sage Advice newsletter </h2>
</div>
</div>
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class="gcdc-flag gcdc-flag-tel"></span></span>
</div><span class="gcdc-form-error" role="alert" aria-live="assertive">This is not a valid phone number</span>
</div>
<div class="gcdc-form-group gcdc-form-group-jobTitle hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bjobTitle" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_jobTitle">Job Title <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="jobTitle" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bjobTitle" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_jobTitle"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-employees hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bemployees" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_employees">Number of
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<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="employees" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bemployees" aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_employees"
placeholder="">
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<option value="100-249 Employees">100-249 Employees</option>
<option value="250-499 Employees">250-499 Employees</option>
<option value="500-999 Employees">500-999 Employees</option>
<option value="1,000-1,999 Employees">1,000-1,999 Employees</option>
<option value="2,000-2,999 Employees">2,000-2,999 Employees</option>
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<option value=">=5,000 Employees">>=5,000 Employees</option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-revenue hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8brevenue" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_revenue">Annual
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<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="revenue" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8brevenue" aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_revenue" placeholder="">
<option value=""></option>
<option value="0-500K">0-500K</option>
<option value="500K-1 Million">500K-1 Million</option>
<option value="1-5 Million">1-5 Million</option>
<option value="5-10 Million">5-10 Million</option>
<option value="10-25 Million">10-25 Million</option>
<option value="25-75 Million">25-75 Million</option>
<option value="75-200 Million">75-200 Million</option>
<option value="200-500 Million">200-500 Million</option>
<option value="500-1 Billion">500-1 Billion</option>
<option value=">1 Billion">>1 Billion</option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-industry hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bindustry"
id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_industry">Industry <span class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="industry" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bindustry" aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_industry"
placeholder="">
<option value=""></option>
<option value="Accountants & Bookkeeping">Accountants & Bookkeeping</option>
<option value="Agriculture">Agriculture</option>
<option value="Automotive">Automotive</option>
<option value="Business Services">Business Services</option>
<option value="Chemical">Chemical</option>
<option value="Construction">Construction</option>
<option value="Education">Education</option>
<option value="Energy, Oil and Gas">Energy, Oil and Gas</option>
<option value="Engineering">Engineering</option>
<option value="Financial Services">Financial Services</option>
<option value="Food & Beverage">Food & Beverage</option>
<option value="Government & Public Administration">Government & Public Administration</option>
<option value="Health & Social Care">Health & Social Care</option>
<option value="Insurance">Insurance</option>
<option value="Justice, Public Order, Safety & Defence">Justice, public order, safety & defence</option>
<option value="Leisure, Media & Entertainment">Leisure, Media & Entertainment</option>
<option value="Life Sciences, Biotechnology & Research">Life Sciences, Biotechnology & Research</option>
<option value="Logistics & Transportation">Logistics & Transportation</option>
<option value="Manufacturing Discrete">Manufacturing Discrete</option>
<option value="Manufacturing Process">Manufacturing Process</option>
<option value="Mining">Mining</option>
<option value="Non-Profit">Non-profit</option>
<option value="Other Services">Other Services</option>
<option value="Personal Services">Personal Services</option>
<option value="Pharmaceutical">Pharmaceutical</option>
<option value="Professional Services & Consulting">Professional Services & Consulting</option>
<option value="Property - Real Estate">Property - Real Estate</option>
<option value="Retail">Retail</option>
<option value="Retail - Travel & Hospitality">Retail - Travel & Hospitality</option>
<option value="Technology & Software">Technology & Software</option>
<option value="Telecoms">Telecoms</option>
<option value="Travel & Hospitality - Services">Travel & Hospitality - Services</option>
<option value="Utilities">Utilities</option>
<option value="Wholesale & Distribution">Wholesale & Distribution</option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-country gcdc-form-group-hasvalue"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bcountry" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_country">Country <span
class="gcdc-required-marker gcdc-status-marker"></span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field gcdc-form-country gcdc-country-selected" type="text" name="country" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bcountry" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_country" required="required" aria-required="true" autocomplete="new-country" data-gcdc-country="NL" data-gcdc-country-value="Netherlands"><span class="gcdc-clear-selection"
for="ab515c6e-7e90-4c2f-a67e-113872516e8bcountry" title="Clear current selection" style="display: block;"></span><span class="gcdc-form-region-flag" for="ab515c6e-7e90-4c2f-a67e-113872516e8bcountry"><span
class="gcdc-flag gcdc-flag-country gcdc-flag-nl"></span></span>
<div class="gcdc-autocomplete-box" style="display: none;">
<ul></ul>
</div>
</div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-address1 hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8baddress1" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_address1">Address <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="address1" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8baddress1" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_address1"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-city hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bcity" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_city">City <span
class="gcdc-required-marker gcdc-status-marker"></span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="city" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bcity" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_city" required="required" aria-required="true"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-stateOrProvince hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bstateOrProvince"
id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_stateOrProvince">State or Province <span class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="stateOrProvince" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bstateOrProvince"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_stateOrProvince" placeholder="">
<option value=""></option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-zip hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bzip" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_zip">Zip or Postal Code <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="zip" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bzip" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_zip"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-website hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bwebsite" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_website">Website <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="website" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bwebsite" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_website"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-product hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bproduct" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_product">Product <span
class="gcdc-required-marker gcdc-status-marker"></span></label>
<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="product" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bproduct" aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_product"
required="required" aria-required="true" placeholder="">
<option value=""></option>
<option value="Non Product Line Specific">Non Product Line Specific</option>
<option value="Accountants">Accountants</option>
<option value="Accounts">Accounts</option>
<option value="BMS">BMS</option>
<option value="CRE">CRE</option>
<option value="CRM">CRM</option>
<option value="Fixed Assets">Fixed Assets</option>
<option value="Other">Other</option>
<option value="Payments">Payments</option>
<option value="Payroll">Payroll</option>
<option value="People / HR">People / HR</option>
<option value="Sage 50">Sage 50</option>
<option value="Sage Intacct">Sage Intacct</option>
<option value="Timeslips">Timeslips</option>
<option value="Training">Training</option>
<option value="X3">X3</option>
<option value="XRT">XRT</option>
<option value="Acct Other (FR)">Acct Other (FR)</option>
<option value="Accountant Partner Programme">Accountant Partner Programme</option>
<option value="Accounting Plus">Accounting Plus</option>
<option value="AD Online Accounts Production">AD Online Accounts Production</option>
<option value="AD online Personal Tax">AD online Personal Tax</option>
<option value="ARS">ARS</option>
<option value="AutoEntry">AutoEntry</option>
<option value="Batiment Multi Devis">Batiment Multi Devis</option>
<option value="Batigest">Batigest</option>
<option value="BI">BI</option>
<option value="Books">Books</option>
<option value="Business Partner Programme">Business Partner Programme</option>
<option value="Business Plan">Business Plan</option>
<option value="CakeHR">CakeHR</option>
<option value="Ciel Accounting">Ciel Accounting</option>
<option value="Ciel Payroll">Ciel Payroll</option>
<option value="Ciel Sunset">Ciel Sunset</option>
<option value="CIS">CIS</option>
<option value="Classic Line">Classic Line</option>
<option value="Client Manager">Client Manager</option>
<option value="Client Management">Client Management</option>
<option value="Client Manager & Practice Manager">Client Manager & Practice Manager</option>
<option value="Collective Intelligence (Compass)">Collective Intelligence (Compass)</option>
<option value="Comptes Personnels">Comptes Personnels</option>
<option value="Construction">Construction</option>
<option value="Contabilidade 50">Contabilidade 50</option>
<option value="Cordilheira Gestão Web">Cordilheira Gestão Web</option>
<option value="Coretime">Coretime</option>
<option value="Corporation Tax">Corporation Tax</option>
<option value="Corporation Tax Online (CTO)">Corporation Tax Online (CTO)</option>
<option value="Data repair">Data repair</option>
<option value="DB Fact">DB Fact</option>
<option value="DPW / HR Austria">DPW / HR Austria</option>
<option value="E-sauvegarde">E-sauvegarde</option>
<option value="EBS Cordilheira Accounting">EBS Cordilheira Accounting</option>
<option value="Esocial">Esocial</option>
<option value="Eurowin">Eurowin</option>
<option value="Excel Support">Excel Support</option>
<option value="Famac">Famac</option>
<option value="Final Accounts Online (FAO)">Final Accounts Online (FAO)</option>
<option value="Financials for Accountant Cloud">Financials for Accountant Cloud</option>
<option value="Fiscalmatic">Fiscalmatic</option>
<option value="Fiscoweb">Fiscoweb</option>
<option value="Folhamatic Business">Folhamatic Business</option>
<option value="Gestexper GPE and GCO">Gestexper GPE and GCO</option>
<option value="Gextexper Payroll">Gextexper Payroll</option>
<option value="GoProposal">GoProposal</option>
<option value="GS Products">GS Products</option>
<option value="GS Shop">GS Shop</option>
<option value="GS-Verein">GS-Verein</option>
<option value="Handisoft">Handisoft</option>
<option value="HR Advice">HR Advice</option>
<option value="HR and P">HR and P</option>
<option value="Innova">Innova</option>
<option value="Instant Payroll">Instant Payroll</option>
<option value="Instant Payroll ALP">Instant Payroll ALP</option>
<option value="IOB (Accountants)">IOB (Accountants)</option>
<option value="IOB (Cont)">IOB (Cont)</option>
<option value="IOB eAuditor">IOB eAuditor</option>
<option value="IOB Simulador Tributário">IOB Simulador Tributário</option>
<option value="JFinanças Pessoal">JFinanças Pessoal</option>
<option value="LC Win">LC Win</option>
<option value="Legal">Legal</option>
<option value="Line 500 (UK)">Line 500 (UK)</option>
<option value="Link up Experts">Link up Experts</option>
<option value="Lohn XI">Lohn XI</option>
<option value="Mac Products">Mac Products</option>
<option value="MGE Sunset - 0-Trésorerie">MGE Sunset - 0-Trésorerie</option>
<option value="MGE Sunset - 4-Autres Lignes MGE">MGE Sunset - 4-Autres Lignes MGE</option>
<option value="MGE Sunset - 6-SIRH">MGE Sunset - 6-SIRH</option>
<option value="MGE Sunset - AA-Abel">MGE Sunset - AA-Abel</option>
<option value="MGE Sunset - AC-V3">MGE Sunset - AC-V3</option>
<option value="MGE Sunset - AE-Géode">MGE Sunset - AE-Géode</option>
<option value="MGE Sunset - AM-CTM">MGE Sunset - AM-CTM</option>
<option value="MGE Sunset - AN-U1">MGE Sunset - AN-U1</option>
<option value="MGE Sunset - AO-U2">MGE Sunset - AO-U2</option>
<option value="MGE Sunset - F-FA7">MGE Sunset - F-FA7</option>
<option value="MGE Sunset - O-Ligne 500">MGE Sunset - O-Ligne 500</option>
<option value="MGE Sunset - Q-Sage 1000">MGE Sunset - Q-Sage 1000</option>
<option value="MGE Sunset - Q3-Sage 1000 MP/IMMO">MGE Sunset - Q3-Sage 1000 MP/IMMO</option>
<option value="MGE Sunset - ZA-Non Core MGE">MGE Sunset - ZA-Non Core MGE</option>
<option value="MGE Sunset - ZD-Autres XRT">MGE Sunset - ZD-Autres XRT</option>
<option value="MGE Sunset -J-Sogémicro">MGE Sunset -J-Sogémicro</option>
<option value="MTD Adaptor">MTD Adaptor</option>
<option value="Multi devis Bâtiment">Multi devis Bâtiment</option>
<option value="Network">Network</option>
<option value="Next Start">Next Start</option>
<option value="Office Line 24">Office Line 24</option>
<option value="Other (Portugal Midmarket)">Other (Portugal Midmarket)</option>
<option value="Outsourcing">Outsourcing</option>
<option value="P11D">P11D</option>
<option value="PC Kaufmann">PC Kaufmann</option>
<option value="PE Automobile">PE Automobile</option>
<option value="PE Commerce">PE Commerce</option>
<option value="PE Construction">PE Construction</option>
<option value="PE Gestao Commerciale Négoce">PE Gestao Commerciale Négoce</option>
<option value="PE Multiservice">PE Multiservice</option>
<option value="Personal Tax Online (PTO)">Personal Tax Online (PTO)</option>
<option value="PessoalPlus">PessoalPlus</option>
<option value="PME other invest">PME other invest</option>
<option value="Point de vente">Point de vente</option>
<option value="PosPlus">PosPlus</option>
<option value="Premium Support">Premium Support</option>
<option value="Primus">Primus</option>
<option value="Production">Production</option>
<option value="Professionnel Indépendant">Professionnel Indépendant</option>
<option value="Report Designer">Report Designer</option>
<option value="S0004 - Line 100">S0004 - Line 100</option>
<option value="S0008 - Quickpay">S0008 - Quickpay</option>
<option value="S0009 - Other PS">S0009 - Other PS</option>
<option value="S0011 - Tax">S0011 - Tax</option>
<option value="S0012 - CoSec & Compliance">S0012 - CoSec & Compliance</option>
<option value="Sage 100 Contractor">Sage 100 Contractor</option>
<option value="Sage 100 Con SPC">Sage 100 Con SPC</option>
<option value="Sage 100 Evolution">Sage 100 Evolution</option>
<option value="Sage 100 FR">Sage 100 FR</option>
<option value="Sage 100 FR (Morocco)">Sage 100 FR (Morocco)</option>
<option value="Sage 100 NA">Sage 100 NA</option>
<option value="Sage 100 Online FR">Sage 100 Online FR</option>
<option value="Sage 100 SAAS">Sage 100 SAAS</option>
<option value="Sage 100 SEOS">Sage 100 SEOS</option>
<option value="Sage 100cloud">Sage 100cloud</option>
<option value="Sage 100cloud Payroll & HR">Sage 100cloud Payroll & HR</option>
<option value="Sage 1000 (UK)">Sage 1000 (UK)</option>
<option value="Sage 1000 (FR)">Sage 1000 (FR)</option>
<option value="Sage 200">Sage 200</option>
<option value="Sage 200 Standard">Sage 200 Standard</option>
<option value="Sage 200 professional">Sage 200 professional</option>
<option value="Sage 200 eHealth">Sage 200 eHealth</option>
<option value="Sage 200 Evolution">Sage 200 Evolution</option>
<option value="Sage 200 Extra (CH)">Sage 200 Extra (CH)</option>
<option value="Sage 200 Extra Care (CH)">Sage 200 Extra Care (CH)</option>
<option value="Sage 200 Extra Online">Sage 200 Extra Online</option>
<option value="Sage 200 Online">Sage 200 Online</option>
<option value="Sage 200 (SW)">Sage 200 (SW)</option>
<option value="Sage 200cloud">Sage 200cloud</option>
<option value="Sage 200cloud Professional">Sage 200cloud Professional</option>
<option value="Sage 200cloud Standard">Sage 200cloud Standard</option>
<option value="Sage 30 FR">Sage 30 FR</option>
<option value="Sage 30 Online FR">Sage 30 Online FR</option>
<option value="Sage 30 Payroll">Sage 30 Payroll</option>
<option value="Sage 30 (Switz)">Sage 30 (Switz)</option>
<option value="Sage 300 (NA)">Sage 300 (NA) (AE, AU, CA, MY, SG, US, ZA)</option>
<option value="Sage 300 Construction and Real Estate">Sage 300 Construction and Real Estate</option>
<option value="Sage 300 CRE SPC ">Sage 300 CRE SPC </option>
<option value="Sage 300 Online">Sage 300 Online</option>
<option value="Sage 300 People">Sage 300 People</option>
<option value="Sage 300 People MCS">Sage 300 MCS</option>
<option value="Sage 300 SEOS">Sage 300 SEOS</option>
<option value="Sage 300cloud">Sage 300cloud</option>
<option value="Sage 50 (CA)">Sage 50 (CA)</option>
<option value="Sage 50 (Malaysia)">Sage 50 (Malaysia)</option>
<option value="Sage 50 (Singapore)">Sage 50 (Singapore)</option>
<option value="Sage 50 (SW)">Sage 50 (SW)</option>
<option value="Sage 50 (US)">Sage 50 (US)</option>
<option value="Sage 50 Accounts">Sage 50 Accounts</option>
<option value="Sage 50 Accounts - CIS">Sage 50 Accounts - CIS</option>
<option value="Sage 50 Accounts - Credit Hound Express">Sage 50 Accounts - Credit Hound Express</option>
<option value="Sage 50 Accounts - Essentials">Sage 50 Accounts - Essentials</option>
<option value="Sage 50 Accounts - Foreign">Sage 50 Accounts - Foreign</option>
<option value="Sage 50 Accounts - Professional">Sage 50 Accounts - Professional</option>
<option value="Sage 50 Accounts - Standard">Sage 50 Accounts - Standard</option>
<option value="Sage 50 Cloud - Professional (UKI)">Sage 50 Cloud - Professional (UKI)</option>
<option value="Sage 50 Extra (CH)">Sage 50 Extra (CH)</option>
<option value="Sage 50 Forecasting">Sage 50 Forecasting</option>
<option value="Sage 50 Handwerk">Sage 50 Handwerk</option>
<option value="Sage 50 HR">Sage 50 HR</option>
<option value="Sage 50 Manufacturing">Sage 50 Manufacturing</option>
<option value="Sage 50 ME">Sage 50 ME</option>
<option value="Sage 50 Payroll">Sage 50 Payroll</option>
<option value="Sage 50 Payroll (UK) - Online Payslips">Sage 50 Payroll (UK) - Online Payslips</option>
<option value="Sage 50cloud - CA">Sage 50cloud - CA</option>
<option value="Sage 50cloud - DE">Sage 50cloud - DE</option>
<option value="Sage 50cloud - ES">Sage 50cloud - ES</option>
<option value="Sage 50cloud - Essentials (UKI)">Sage 50cloud - Essentials (UKI)</option>
<option value="Sage 50cloud - FR">Sage 50cloud - FR</option>
<option value="Sage 50cloud - PL">Sage 50cloud - PL</option>
<option value="Sage 50cloud - PT">Sage 50cloud - PT</option>
<option value="Sage 50cloud - Standard (UKI)">Sage 50cloud - Standard (UKI)</option>
<option value="Sage 50cloud - US">Sage 50cloud - US</option>
<option value="Sage 50cloud CIS">Sage 50cloud CIS</option>
<option value="Sage 50cloud Client Manager">Sage 50cloud Client Manager</option>
<option value="Sage 50cloud Credit Foreign Trader">Sage 50cloud Credit Foreign Trader</option>
<option value="Sage 50cloud Credit Hound Express">Sage 50cloud Credit Hound Express</option>
<option value="Sage 50cloud Pastel">Sage 50cloud Pastel</option>
<option value="Sage 50cloud Payroll Bureau Solutions">Sage 50cloud Payroll Bureau Solutions</option>
<option value="Sage 50cloud Payroll Pensions Module">Sage 50cloud Payroll Pensions Module</option>
<option value="Sage 50cloud Payroll (UKI)">Sage 50cloud Payroll (UKI)</option>
<option value="Sage 500 (NA)">Sage 500 (NA)</option>
<option value="Sage 500 (UK)">Sage 500 (UK)</option>
<option value="Sage Accountant Cloud">Sage Accountant Cloud</option>
<option value="Sage Accountant Cloud (AU)">Sage Accountant Cloud (AU)</option>
<option value="Sage Accounts Production (SAP)">Sage Accounts Production (SAP)</option>
<option value="Sage Accounts Production Advanced (SAPA)">Sage Accounts Production Advanced (SAPA)</option>
<option value="Sage Active">Sage Active</option>
<option value="Sage b7">Sage b7</option>
<option value="Sage BOB 50">Sage BOB 50</option>
<option value="Sage BOB 50 Expert">Sage BOB 50 Expert</option>
<option value="Sage Budgeting & Planning">Sage Budgeting & Planning</option>
<option value="Sage Business">Sage Business</option>
<option value="Sage Business Cloud Accounting">Sage Business Cloud Accounting</option>
<option value="Sage Business Cloud Accounting - Accountant Edition">Sage Business Cloud Accounting - Accountant Edition</option>
<option value="Sage Business Cloud Accounting - Accountant Edition (Fuji)">Sage Business Cloud Accounting - Accountant Edition (Fuji)</option>
<option value="Sage Business Cloud Accounting - Brazil">Sage Business Cloud Accounting - Brazil</option>
<option value="Sage Business Cloud Accounting (Fuji)">Sage Business Cloud Accounting (Fuji)</option>
<option value="Sage Business Cloud Accounting - Partner Edition">Sage Business Cloud Accounting - Partner Edition</option>
<option value="Sage Business Cloud Accounting Start">Sage Business Cloud Accounting Start</option>
<option value="Sage Business Cloud Accounting Standard">Sage Business Cloud Accounting Standard</option>
<option value="Sage Business Cloud Accounting Plus">Sage Business Cloud Accounting Plus</option>
<option value="Sage Business Cloud Financials">Sage Business Cloud Financials</option>
<option value="Sage Business Cloud Payroll">Sage Business Cloud Payroll</option>
<option value="Sage Business Cloud Payroll (Einfachlohn)">Sage Business Cloud Payroll (Einfachlohn)</option>
<option value="Sage Business Cloud Payroll Professional">Sage Business Cloud Payroll Professional</option>
<option value="Sage Business Cloud People">Sage Business Cloud People</option>
<option value="Sage Business Suite (Gestäo Empresarial)">Sage Business Suite (Gestäo Empresarial)</option>
<option value="Sage Business Tax">Sage Business Tax</option>
<option value="Sage BusinessVision">Sage BusinessVision</option>
<option value="Sage BusinessWorks">Sage BusinessWorks</option>
<option value="Sage Construction Anywhere">Sage Construction Anywhere</option>
<option value="Sage Contabilidade">Sage Contabilidade</option>
<option value="Sage Contaplus">Sage Contaplus</option>
<option value="Sage Contaplus Asesorias">Sage Contaplus Asesorias</option>
<option value="Sage Corporation Tax (SCT)">Sage Corporation Tax (SCT)</option>
<option value="Sage CRM Cloud">Sage CRM Cloud</option>
<option value="Sage CRM INTEGRATED">Sage CRM INTEGRATED</option>
<option value="Sage CRM Standalone">Sage CRM Standalone</option>
<option value="Sage DacEasy">Sage DacEasy</option>
<option value="Sage Despachos">Sage Despachos</option>
<option value="Sage Despachos Laboral">Sage Despachos Laboral</option>
<option value="Sage Easy Pay">Sage Easy Pay</option>
<option value="Sage Employee benefits">Sage Employee benefits</option>
<option value="Sage Employee Service">Sage Employee Service</option>
<option value="Sage Entgelt Personal (SEP)">Sage Entgelt Personal (SEP)</option>
<option value="Sage Estimating">Sage Estimating</option>
<option value="Sage Evolution ERP">Sage Evolution ERP</option>
<option value="Sage Final Accounts">Sage Final Accounts</option>
<option value="Sage Final Accounts Online">Sage Final Accounts Online</option>
<option value="Sage Fixed Assets">Sage Fixed Assets</option>
<option value="Sage Folhamatic Office">Sage Folhamatic Office</option>
<option value="Sage for Accountants">Sage for Accountants</option>
<option value="Sage for Education">Sage for Education</option>
<option value="Sage Formacion (Training)">Sage Formacion (Training)</option>
<option value="Sage Fox">Sage Fox</option>
<option value="Sage HR Online (Talent Management Solution)">Sage HR Online (Talent Management Solution)</option>
<option value="Sage Gestäo Comercial">Sage Gestäo Comercial</option>
<option value="Sage Gestão Contábil">Sage Gestão Contábil</option>
<option value="Sage HandiSoft Online">Sage HandiSoft Online</option>
<option value="Sage HR suite - Payroll">Sage HR suite - Payroll</option>
<option value="SageHR">SageHR</option>
<option value="Sage HRMS">Sage HRMS</option>
<option value="Sage Impact">Sage Impact</option>
<option value="Sage Instant Accounts">Sage Instant Accounts</option>
<option value="Sage Intacct Construction">Sage Intacct Construction</option>
<option value="Sage Intelligence Reporting and SI Go!">Sage Intelligence Reporting and SI Go!</option>
<option value="Sage Laboral Murano">Sage Laboral Murano</option>
<option value="Sage Lohnbüro">Sage Lohnbüro</option>
<option value="Sage MicrOpay">Sage MicrOpay</option>
<option value="Sage Murano">Sage Murano</option>
<option value="Sage Murano Online">Sage Murano Online</option>
<option value="Sage NominaPlus">Sage NominaPlus</option>
<option value="Sage Nominaplus Asesorías">Sage Nominaplus Asesorías</option>
<option value="Sage Office Line">Sage Office Line</option>
<option value="Sage Office Online">Sage Office Online</option>
<option value="Sage Paie">Sage Paie</option>
<option value="Sage Partnership Tax">Sage Partnership Tax</option>
<option value="Sage Pastel Accounting Xpress Startup, Xpress, Advantage">Sage Pastel Accounting Xpress Startup, Xpress, Advantage</option>
<option value="Sage Pastel Partner Payroll Advantage">Sage Pastel Partner Payroll Advantage</option>
<option value="Sage PAY CHP">Sage PAY CHP</option>
<option value="Sage Pay Ecommerce">Sage Pay Ecommerce</option>
<option value="Sage Pay ZA">Sage Pay ZA</option>
<option value="Sage Payment Solutions">Sage Payment Solutions</option>
<option value="Sage Payroll">Sage Payroll</option>
<option value="Sage Payroll (MAL)">Sage Payroll (MAL)</option>
<option value="Sage Payroll Online">Sage Payroll Online</option>
<option value="Sage Payroll Solutions">Sage Payroll Solutions</option>
<option value="Sage People Pay">Sage People Pay</option>
<option value="Sage Personal">Sage Personal</option>
<option value="Sage Personal Tax">Sage Personal Tax</option>
<option value="Sage PFW">Sage PFW</option>
<option value="Sage Practice Solution (SPS)">Sage Practice Solution (SPS)</option>
<option value="Sage Pro">Sage Pro</option>
<option value="Sage Salarios">Sage Salarios</option>
<option value="Sage Source">Sage Source</option>
<option value="Sage Start">Sage Start</option>
<option value="Sage Start Payroll">Sage Start Payroll</option>
<option value="Sage Symfonia ERP">Sage Symfonia ERP</option>
<option value="Sage Symfonia ERP Payroll">Sage Symfonia ERP Payroll</option>
<option value="Sage Timeslips">Sage Timeslips</option>
<option value="Sage Trade Specialty">Sage Trade Specialty</option>
<option value="Sage Treuhand Extra">Sage Treuhand Extra</option>
<option value="Sage Treuhand Start">Sage Treuhand Start</option>
<option value="Sage Trust Tax">Sage Trust Tax</option>
<option value="Sage UBS Accounting">Sage UBS Accounting</option>
<option value="Sage View">Sage View</option>
<option value="Sage VIP Classic and Premier - Payroll & HRM">Sage VIP Classic and Premier - Payroll & HRM</option>
<option value="Sage VIP Outsourcing, Recruitment and Other">Sage VIP Outsourcing, Recruitment and Other</option>
<option value="Sage VIP People HRIS">Sage VIP People HRIS</option>
<option value="Sage Wage Easy">Sage Wage Easy</option>
<option value="Sage Wincarat">Sage Wincarat</option>
<option value="Sage X3">Sage X3</option>
<option value="Sage X3 (Cloud)">Sage X3 (Cloud)</option>
<option value="Sage X3 Hosted SaaS">Sage X3 Hosted SaaS</option>
<option value="Sage X3 HR & Payroll">Sage X3 HR & Payroll</option>
<option value="Sage X3 PaaS">Sage X3 PaaS</option>
<option value="Sage XRT Universe">Sage XRT Universe</option>
<option value="Salary and supplier payments">Salary and supplier payments</option>
<option value="SAN CA">SAN CA</option>
<option value="SAN US">SAN US</option>
<option value="SAP/A">SAP/A</option>
<option value="Securities Database (Dividend Scheduling)">Securities Database (Dividend Scheduling)</option>
<option value="Skillsmap">Skillsmap</option>
<option value="SMF">SMF</option>
<option value="Solution Plus">Solution Plus</option>
<option value="SP (Contaplus and Factuplus)">SP (Contaplus and Factuplus)</option>
<option value="SPS - Check">SPS - Check</option>
<option value="SPS - Credit Card">SPS - Credit Card</option>
<option value="Start">Start</option>
<option value="Stationary">Stationary</option>
<option value="Symfonia">Symfonia</option>
<option value="Symfonia Payroll">Symfonia Payroll</option>
<option value="Syska Products">Syska Products</option>
<option value="TAS Accounts">TAS Accounts</option>
<option value="Training (UKI)">Training (UKI)</option>
<option value="UKI0026 - International Payments (Transfermate)">UKI0026 - International Payments (Transfermate)</option>
<option value="UKI0042 - Other (Packages)">UKI0042 - Other (Packages)</option>
<option value="UKI0109 - AD Online Corporation Tax">UKI0109 - AD Online Corporation Tax</option>
<option value="UKI0081 - Credit Note Provision">UKI0081 - Credit Note Provision</option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-accountID hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8baccountID" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_accountID">Account Number <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="accountID" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8baccountID" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_accountID"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-select gcdc-form-group-leadtype hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bleadtype" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_leadtype">Who are
you? <span class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper gcdc-select-wrapper"><select class="gcdc-form-field" name="leadtype" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bleadtype" aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_leadtype"
placeholder="">
<option value=""></option>
<option value="None">I work for or own a business</option>
<option value="Accountant">I work for or own an accountancy or bookkeeping practice</option>
<option value="Foundation">I work for a non-profit organisation</option>
<option value="Partner">I'm a Sage partner</option>
<option value="Student">I'm a student</option>
</select></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-referringPartner hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8breferringPartner" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_referringPartner">Who is your
Sage business partner? <span class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><input class="gcdc-form-field" type="text" name="referringPartner" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8breferringPartner" value="" placeholder="" maxlength="100"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_referringPartner"></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-padded gcdc-form-group-checkbox gcdc-form-group-existingCustomer hidden"><label class="gcdc-form-label"><input class="gcdc-form-field" type="checkbox" name="existingCustomer"
id="ab515c6e-7e90-4c2f-a67e-113872516e8bexistingCustomer" value="1"><span class="checkmark"></span><span class="gcdc-form-field-label-inner">Existing Sage Customer <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></span></label><span class="gcdc-form-error">Please accept to continue</span></div>
<div class="gcdc-form-group gcdc-form-group-textarea gcdc-form-group-notes hidden"><label class="gcdc-form-label" for="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bnotes" id="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_notes">Your Enquiry <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></label>
<div class="gcdc-form-field-wrapper"><textarea class="gcdc-form-field" type="text" name="notes" id="gcdc-field-ab515c6e-7e90-4c2f-a67e-113872516e8bnotes" placeholder="" rows="5"
aria-labelledby="ab515c6e-7e90-4c2f-a67e-113872516e8b_lbl_notes"></textarea></div><span class="gcdc-form-error" role="alert" aria-live="assertive">This field is required</span>
</div>
<div class="gcdc-form-group gcdc-form-group-padded gcdc-form-group-customcontent gcdc-form-group-NewsletterOptinText">
<p>Your privacy is important to us. Sage will use your information to contact you regarding new blog posts by email. Cancel at any time! More information can be found in our
<a href="https://www.sage.com/en-gb/legal/privacy-and-cookies/" target="_blank">privacy policy</a>.</p>
</div>
<div class="gcdc-form-group gcdc-form-group-padded gcdc-form-group-checkbox gcdc-form-group-optedIn hidden"><label class="gcdc-form-label"><input class="gcdc-form-field" type="checkbox" name="optedIn"
id="ab515c6e-7e90-4c2f-a67e-113872516e8boptedIn" value="1"><span class="checkmark"></span><span class="gcdc-form-field-label-inner">I agree to receive marketing content from Sage including by electronic communications. <span
class="gcdc-optional-marker gcdc-status-marker">(Optional)</span></span></label><span class="gcdc-form-error">Please accept to continue</span></div><input type="hidden" name="AnnualSalesNumber"
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David Appel June 1, 2023 9 min read Leave a comment As a SaaS CFO, you know you’re responsible for working with large sums of data–about financial processes, customer behavior, and much more. What you might not know, however, is that putting unnecessary walls up around your data can have terrible consequences for your firm’s productivity and efficiency. Finance teams are under increasing pressure to protect sensitive financial data from cyberattacks and comply with ever-evolving regulations. Unfortunately, many organizations still rely on outdated financial management tools and processes that create unnecessary risks. Read on to explore what data silos are, why they are problematic for organizations, and how consolidating financial data can improve security and compliance. We will also discuss how you can migrate to the cloud to unlock your data’s full potential and improve data management workflows. WHAT IS A DATA SILO? So, you might be asking, what is a data silo? The term “data silo” bears a striking resemblance to the term grain silo, the large metal structures that store large quantities of grain. In the same way that a grain silo closes off grain, a data silo is a large accumulation of data controlled by one department and inaccessible to the organization as a whole. In simple terms, a data silo is a situation where different teams within an organization are working with different versions of the same data, and there is no integration between these different data sources. For example, different departments within an organization may use different software systems to collect and store data, leading to unintentional data silos. This can cause inconsistencies, errors, and conflicts which ultimately put the organization at risk. As cloud adoption rates have climbed for SaaS accounting in recent years, teams have discovered the usefulness of a different method: the data lake. RELATED: Unlocking Digital Transformation In SaaS Organizations DATA SILOS VS DATA LAKE Data silos and data lakes are two different approaches to managing an organization’s data. As we’ve discussed earlier, data silos use the incredibly restrictive approach of putting one team or department in charge of vast quantities of data. Data lakes are a centralized repository for all types of data, which can be accessed and analyzed by different teams within an organization. Data silos are collections of data that are stored separately from the rest of an organization’s data. If you do this as a SaaS CFO, your siloed data is likely strategically critical for other teams outside your department. This disconnect between teams creates considerable inefficiency around data gathering, leading many accounting teams to migrate to the cloud and embrace data lakes instead. Data lakes, on the other hand, are large, cloud-based repositories of centralized data that are designed to make it easy to store, access, and analyze all of an organization’s data in one place. This data is securely stored within an organization yet remains freely accessible to all departments and people who might need it. When it comes to the issue of data silos vs data lakes, there’s no question that data lakes offer several advantages over data silos. The data lake approach saves time and money, prevents manual errors, and helps your organization stay agile. They make it easier to combine and analyze data from multiple sources, and they can provide a more complete view of an organization’s data. Data lakes also make it easier to scale an organization’s data infrastructure as it grows, as new data sources can be added to the data lake as needed. WHAT CAUSES DATA SILOS? In general, organizational silos are created when individual departments lose sight of the broader company goals and instead focus on local goals. Ultimately these issues tend to culminate from a lack of team mentality, poor communication between groups, uncertainty in company goals, and misguided incentives. Data silos are natural byproducts of a company’s growth–though, they don’t have to be. As companies expand and take in more information, various teams within the organization tend to get walled off between other departments, unless you’ve opted for the cloud from day one. Because of this, siloed data is often a silent threat. It can be hard to spot until you’re already on your way to creating problems for your company. Two of the most significant contributors to the creation of data silos include: * Outdated financial software: Using an accounting suite that doesn’t leverage a data lake–also known as a single source of truth, or SSOT–will invariably create data silos across your departments. That’s why it’s essential to streamline your FinOps tech stack. * Company culture: If you foster an organizational culture that doesn’t actively emphasize company-wide collaboration, you’ll likely end up with data silos. As a CFO, it’s your job to prevent that. Data silos are problematic for several reasons. Let’s examine these issues in more detail, below. WHY ARE DATA SILOS PROBLEMATIC? Why are data silos problematic for SaaS companies, and why should you dismantle them the moment you find them? Not only are data silos a silent threat, but the organizational risks they present are multi-layered. First, they create a lack of visibility and transparency within an organization, making it difficult for decision-makers to get a complete picture of the financial health of the company. This can lead to inaccurate forecasting, poor decision-making, and missed opportunities. Second, data silos can lead to compliance issues. Regulations like GDPR and HIPAA require organizations to protect sensitive data and provide complete transparency over who has access to it. When data is siloed, it becomes much more difficult to ensure compliance with these regulations, which can result in costly fines and reputational damage. SILOED FINANCIAL DATA: LAYERS OF RISK There are absolutely no redeeming qualities in data silos. They present a full menu of risks and liabilities to SaaS finance teams, from legal to operational. CYBER RISKS OF SILOED FINANCIAL DATA According to the Identity Theft Resource Center, data breaches rose more than 68% in 2021. Security breaches are also getting more expensive. The average cost of a breach rose 10% to $3.6 million, the IBM/Ponemon Institute’s 2021 Cost of a Data Breach survey found. Siloed data goes hand in hand with manual accounting workflows. Financial information is too often stored in unconnected databases, hard drives, and software applications, which teams export into spreadsheets and send across the organization as email attachments. Each data transfer and hand-off introduce a new set of risks–at a time when cyberattacks are rapidly increasing. If teams operate with data silos, the number of high-risk processes they need to engage in rises exponentially. Relying on manual processes creates a chain of vulnerabilities and weak points that hackers could exploit. A data leak could mean hefty fines or other legal penalties being leveled against your firm. POOR DATA SANITATION Data silos seriously endanger the accuracy and quality of your data. With every data silo wall that goes up, the odds and instances of inconsistencies across datasets multiply. DATA ANALYSIS DIFFICULTIES Data silos make it extremely difficult for teams to interact with and analyze their data quickly and effectively. This is a major problem, especially around time-sensitive data involving pricing, campaign results, budget variance, and more. With a data lake in the cloud, anyone in your organization will have real-time and immediate access to the most recent version of their data. BREAKING DOWN DATA SILOS: WHY CONSOLIDATING FINANCIAL DATA IS CRITICAL FOR SECURITY AND COMPLIANCE Now that we’ve covered data silos and touched on the various layers of risk that accompany siloed data, let’s look at the other side of the coin. How can you avoid data silos in your firm, and what are the benefits of doing so? To avoid data silos, organizations need to consolidate their financial data onto a single, cloud-native platform. While data lakes are a step in the right direction, they still require manual processes to integrate different data sources, which can lead to inconsistencies and errors. A cloud-native platform, on the other hand, provides a fully integrated solution that eliminates the need for manual processes and provides a single source of truth for financial data. BENEFITS OF MIGRATING TO THE CLOUD Cloud-native applications are built with granular controls for compliance and access, allowing finance managers to provide different levels of information to different stakeholders, by way of personalized role-based dashboards that display all the information they need to do their jobs, but nothing more. SaaS CFOs who use cloud-based automated accounting software access a variety of competitive advantages. Dismantling your data silos and migrating to the cloud will cause a positive ripple effect throughout your entire organization. HIGHER COLLABORATION BETWEEN TEAMS In the data silos vs data lake debate, the cloud offers unmatched collaborative benefits compared to siloed data. As we’ve touched on, a cloud-based suite gives teams instant access to a fully updated and centralized data pool. This enables employees and department heads to develop pricing strategies and sales campaigns more quickly, critique each other’s ideas in real time, and much more. DATA INTEGRATION WITH AN SSOT In addition to the collaborative aspects of an SSOT, companies who leverage the cloud also see an instant improvement in their data’s overall hygiene and reliability. This is because an SSOT knocks down data silo walls. Teams no longer need to wait for spotty manual updates or spreadsheet email attachments. Forecasting is just a matter of plugging in your starting data to get a low-variance, long-range forecast in one click, and reporting is instant and granular. In the cloud, your data pool updates automatically and continuously to ensure complete accuracy. SEAMLESS THIRD-PARTY CONNECTIVITY It’s becoming increasingly common for SaaS CFOs and other department heads to connect third-party applications to their primary accounting software. Sage Intacct offers best-in-class third-party integration without the sizable IT fees accompanying many other accounting suites. Effortlessly integrate with leading platforms like VersaPay, Salesforce, Workiva, Expensify, and hundreds of others. STREAMLINED GROWTH Getting everyone in your company on the same page with unified and centralized data is essential for sustained corporate growth. The more you scale, the more data you take in, naturally. And it won’t take long for the complexity of your FinOps processes and other data-dependent workflows to become unmanageable. This creates a serious problem for growing SaaS companies: the higher they climb, the heavier the burden of their mismanaged data. Growth should be an exciting and satisfying experience, not a stressful one full of frantic data-gathering emails. In the cloud, all your essential growth metrics and customer data are right there whenever you need them, for total peace of mind and streamlined growth. EMBRACE THE CLOUD: MOVE BEYOND FINANCIAL DATA SILOS Data silos can pose several challenges to organizations, including inconsistencies in data, difficulty accessing all of an organization’s data in one place, and increased security risks. By moving towards a data lake approach and leveraging cloud-based technology, organization’s can overcome these challenges and have a better grip on their data to drive insights and decision-making. For SaaS CFOs who want to embrace truly data-driven leadership, moving beyond data silos is the best place to start. Read our recent ebook to learn even more about how to keep pace with the rapidly evolving world of SaaS accounting. Share * Share on Facebook (opens new window) * Share on Twitter (opens new window) * Share on LinkedIn (opens new window) * Share on WhatsApp (opens new window) * Share via Email (opens new window) RECOMMENDED NEXT READ July 13, 2023 INCREASING RECESSION CASH FLOW WITH AI AND PREDICTIVE ANALYTICS SUBSCRIBE TO OUR SAGE ADVICE NEWSLETTER Get our latest business advice delivered directly to your inbox. Subscribe BROWSE MORE TOPICS FROM THIS ARTICLE * Cloud financial management * Cloud Technology EXPLORE MORE WISDOM Recommended July 13, 2023 5 min read INCREASING RECESSION CASH FLOW WITH AI AND PREDICTIVE ANALYTICS During a recession, your priorities as a SaaS CFO shift somewhat. In more abundant markets you’re freer to balance exploration and preservation. While some blend of those two is always needed in financial leadership, recessions call for a heightened emphasis on cash flow. 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