Bridging Accounting Data from Public Cloud to Private Cloud/On-Premise Accounting ERP System

Abstract

Customers produce lot of transactional data for the suppliers these days. The reason being large volume of operations that need payment. These payments are channeled through different mediums. Various businesses face the difficulties of regulating and managing the accounts. The first important thing being, each order, stock item or certain operation on them is attached to a transaction. It doesn’t seem a big matter in hindsight, but for the purposes of occasionally refunds, it is necessary to process them at the earliest. Traditional methods take days. It is necessary that payments, whatsoever type, is attached to a specific operation the customer carries. This complicated consolidation of all such type of data is possible using Accounting ERPs. Due to the emergence of highly sophisticated ERP software, taking right decisions has become faster. Funneling transactions through various streams is done using cloud-powered tools these days. Managing this data to organize, tag and formalize relationships between payment records and operations is what companies fabricate in-house. This paper build further upon reducing the technical barrier to streamline data-flow between cloud and on-premise systems.