Integrated workflow in the cloud
The convenience of the cloud directly leads to increased productivity. Financial professionals must go through basic security every time they log on to an application or server. This 60-second increase adds up, but working within a centralized ecosystem makes your work easier and more efficient. Even in a multi-cloud environment, users get a unified experience for task completion and workflow.
This level of convenience pays off. In a recent keynote on digital transformation, VMware CEO Raghu Raghuram said, “We need to provide a frictionless experience for our employees so they can achieve the next big leap in productivity.” said.
Compliance employees can ease the burden of daily work with regulatory reporting tools in the cloud. Employees involved in disaster recovery can reap similar benefits from the cloud. It also allows employees across the team to optimize the cloud platform to run faster during high-traffic times of the day or week. Cloud tools can also detect the stability of your internet connection, allowing users to avoid unexpected downtime or delays.
Related: Businesses grow with the right combination of productivity technologies.
Improving insights with data analysis in the cloud
Data analytics in the cloud is another way financial services companies can become more strategic in their digital transformation efforts and gain more insight into business revenue.
For example, collaboration analytics such as Microsoft's Viva Insights (part of the Microsoft 365 platform), Google Work Insights, and Cisco Webex can provide data on the cost-effectiveness of daily work. Combine with cloud management tools such as CDW Inscape., IT leaders can also improve security, increase visibility, and reduce costs.
learn more: Training your team will improve your organization's productivity.
Access information quickly and collaborate across teams
Financial organizations can also take advantage of cloud-based productivity suites such as Microsoft 365 E3 and E5. This allows your team to call, chat, or video conference from any device with one click. This is especially useful for teams working in hybrid or remote setups, easily facilitating more regular communication and collaboration. These quick connections may even eliminate the need for meetings, but 71% of senior executives say they are inefficient and counterproductive. harvard business review.
While all of these tactics improve productivity, it's clear that a cloud-based approach can help financial firms stay competitive in uncertain times.
