Five Minute Briefing - MultiValue
February 24, 2021
A comprehensive monthly publication filled with news and insight serving the MultiValue database community.
News Flashes
Avalara, Inc. a provider of cloud-based tax compliance automation for businesses of all sizes, is adding new certified integrations to its platform including MultiValue support. These integrations include 10 newly certified integrations with accounting, ERP, ecommerce, point-of-sale, mobile commerce, and CRM software applications, in addition to adding 22 new marketplace customers utilizing Avalara tax technology solutions.
With the shift to remote work, companies have had to implement adjustments to their operational strategies, including increasing security, tapping into the cloud, and more. Last year was a time of fast-moving transformation. In 2021, the pace of change shows no sign of slowing down in the MultiValue markeet segment.
It's been 5 years and Royal Papers is still going strong after switching to a Pick Cloud MultiValue system. Royal's MultiValue application is mission-critical and the lifeblood of its business. It handles inventory control, accounts payable, and receivables (and more) and is used for everything except payroll. If it is disrupted in any way, or down for any long period of time, it would be catastrophic.
Think About It
The worldwide cloud services market is forecast to grow more than 6% this year to a total of $257.9 billion, with software-as-a-service (SaaS) remaining the largest segment at $104.7 billion. Furthermore, more than $1.3 trillion in IT spending will be directly or indirectly affected by the shift to the cloud by 2022. In this environment, what must an organization keep in mind to ensure a successful cloud migration?