working in the cloud, pros & con print€¦ · working in the cloud, pros and cons what you...
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Working in The Cloud, Pros and Cons
What you need to know before you sign on the dotted line
Presented by:Tina FrysingerJason Reljac
Schneider Downs Technology Advisors
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Agenda
• Who we are• Understanding the Cloud• Securing the Cloud• Payroll Considerations• Review of Pros and Cons
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Schneider Downs Firm Profile
• Founded in 1956
• Fourth-largest certified public accounting firm in Western Pennsylvania
• One of the 55 largest certified public accounting firms in the U.S.A.
• Approaching 400 personnel; 38 shareholders
Providing more than 80 services from Schneider Downs and affiliates.
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Schneider Downs Depth of Services
4
Audit• Financial Statement Audit• Review and Compilation• SEC• Internal Audit Co‐Sourcing/ Outsourcing
• ERISA
Tax• Traditional Compliance• International• State and Local Tax• Tax Accounting/FIN48• Employee Benefits• Cost Segregation• Co‐Sourcing/Outsourcing
Business Advisors• Productivity Improvement
• Business Valuation• Forensic Accounting/ Litigation Support
• Transaction Advisory Services
Wealth Management• 401(k) Plan Management• High Net Worth
Corporate Finance• Mergers and Acquisitions• Buy Side• Corporate Finance• Sell Side
Technology• Software Solutions• Process Reengineering• Security Vulnerability• Software Selection• Internal Control Assessment
• Review of Ongoing Technology Operations
Schneider Downs Staffing• Permanent Staffing• Temporary Staffing
Schneider Downs Meridian• Performance Improvement• Turnaround/Restructuring• Insolvency Services• Debt Placement
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We’re not auditors…nerds maybe, but not auditors
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Schneider Downs Technology Advisors
• Software Implementation, Training and Support• Systems Requirement Definition/GAP Analysis• Software Selection• Project Management• Technology Assessment Planning• Network Security Assessment• Process Re-engineering• Business Intelligence Reporting
6
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Schneider Downs Technology Products
• Sage HRMS (Abra)• Sage Fixed Assets (FAS)• Sage ERP 100 (MAS 90/200)• Sage ERP 500
• Time Entry• Expense Entry• Performance Reviews• Document/Board Portal• iRequest (electronic POs)
• NAV (Navision)• GP (Great Plains)
Sage Software Microsoft Dynamics
Solver• bi360 Business
Intelligence Suite Abila• MIP Fund Accounting• MIP Advance
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Available via Cloud Products (today)
• Sage HRMS (Abra)• Sage Fixed Assets (FAS)• Sage ERP 100 (MAS 90/200)• Sage ERP 500
• Time Entry• Expense Entry• Performance Reviews• Document/Board Portal• iRequest (electronic POs)
• NAV (Navision)• GP (Great Plains)
Sage Software Microsoft Dynamics
Solver• bi360 Business
Intelligence Suite Abila• MIP Fund Accounting• MIP Advance
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Defining the “Cloud”
• Wikipedia “is a kind of Internet-based computing that provides shared processing resources and data to computers and other devices on demand.”
• PC Magazine “A communications network. The word "cloud" often refers to the Internet, and more precisely to some datacenter full of servers that is connected to the Internet.”
• Merriam-Webster “the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet”
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Defining the “Cloud”
• Investopedia “Cloud computing is a model for delivering information technology services in which resources are retrieved from the internet through web-based tools and applications, rather than a direct connection to a server.
• Dictionary.com “Internet-based computing in which large groups of remote servers are networked so as to allow sharing of data-processing tasks, centralized data storage, and online access to computer services or resources.”
• National Instuitute is Standards and Technology “Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources”
• IBM “Cloud computing, often referred to as simply “the cloud,” is the delivery of on-demand computing resources—everything from applications to data centers—over the Internet on a pay-for-use basis.”
• Amazon “"Cloud Computing", by definition, refers to the on-demand delivery of IT resources and applications via the Internet with pay-as-you-go pricing.
• Gartner “…as a style of computing in which scalable and elastic IT-enabled capabilities are delivered as a service using Internet technologies.”
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My definition
A service, just like electricity, cable or water, that you or your organization subscribes to that puts data of yours in someone
else’s possession while making it easy to access and forget about.
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This is cloud
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Why?
I work for Schneider Downs but with iCloud my contacts are stored on Apple’s Servers
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This is NOT Cloud
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This is NOT Cloud
I work for Schneider Downs and with Outlook web access I am accessing my Schneider Downs email over the internet but am accessing a server AT Schneider Downs
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What makes up the Cloud
Documents• Amazon Cloud Drive• Apple iCloud• Dropbox• Google Drive• Microsoft OneDrive
Communications• Conference calls• Email• Global Connect• Instant messaging• Voice mail
Productivity• Apple iCloud• Google Docs• Lucidchart• Microsoft Office 365• Zoho Docs
Enterprise Applications• Human resources• Payroll processing• Video monitoring• Time and expense entry
Enterprise Servers• Amazon AWS• Local providers• Microsoft Azure• Rackspace Cloud
ERP• Microsoft• Oracle• SAP• Many others…
Audio/Video• Amazon Music Player• iTunes• Netflix• YouTube• Vimeo
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CLOUD ≠ DATA CENTER
BUT, YOU ARE KEEPING TRACK OF YOUR DATA
CENTER, RIGHT?
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Cloud – Acronym Soup
• DRP - Disaster Recovery plan
• HIPAA - Health Insurance Portability and Accountability Act
• PCI DSS - Payment Care Industry Data Security Standard• SOC 1 & 2 - Report on Controls at a Service Organization• SOX – Sarbanes-Oxley• 64/128/256/512 – Levels of SSL encryption• SSL – Secure Sockets Layer
• Know if these are available and in place
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IT’S NOT JUST YOU THAT NEEDS
TO UNDERSTAND…
YOUR VENDORS DO AS WELL
IF THEY DON’T UNDERSTAND OR SEEM CONFUSED IT MIGHT BE TIME TO
RE-EVALUATE THEM AS A VENDOR
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Why Should I Care?
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Why Should I Care?
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Why Should I Care?
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Cloud Computing Risks - Governance
Threat DescriptionRisk Mitigation / Control Strategy
Physical security on all premises where data/applications are stored
Physical security is required in any infrastructure. When the organization migrates assets to a cloud infrastructure, those assets are still subject to the corporate security policy, but they can also be physically accessed by the CSP’s staff, which is subject to the CSP’s security policy. There could be a gap between the security measures provided by the CSP and the requirements of the organization .
• Request the CSP’s physical security policy.
• CSP’s independent security reviews or certification reports (e.g., SOC1, SOC 2 report, SOX, PCI DSS, HIPAA, ISO, etc.).
• Contract language that requires the CSP to be aligned with the organization's security policy.
• CSP’s disaster recovery plans and ensure that they contain the necessary countermeasures to protect physical assets during and after a disaster.
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Cloud Computing Risks - Governance
Threat DescriptionRisk Mitigation / Control Strategy
Media management
Data media must be disposed in a secure way to avoid data leakage and disclosure. Data wipeout procedures must ensure data cannot be reproduced when data media is designated for recycle or disposal. Controls should be in place during transportation (encryption and physical security). This should be specified in the CSP security policy and contract SLA.
• Request the CSP’s process and techniques in place for data media disposal and evaluate whether they meet the requirements of the organization.
• Include in the contract language that requires the CSP to comply with the organization’s security policy.
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Payroll Cloud Considerations
• How will your payroll system integrate with other systems in hosted environment?– General Ledger
• Journal entries• Month-end accrual entries• PTO/Vacation/Sick accruals• Segments to payroll
– Job/Project information– Employee to vendor file
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Payroll Cloud Considerations
• Understanding backups– How long to restore?– How often is a backup produced?– How long do they keep them?– How often do they test backups?
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Payroll Cloud Considerations
• Data encryption– 64/128/256/512 – Levels of SSL encryption
• Tax Liability– Still your data– Still responsible for penalties– Complete quarterly reconciliations
• Data ownership upon termination– Find out the cost upfront– Use leverage at sale to lock in
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Payroll Cloud Considerations
• Initial cost vs. long term cost– Cloud more expensive in the long run– Benefits may outweigh the cost– Create improved revenue vs. expense matching
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Cloud Based Payroll Applications
• Full web based application (SAAS)
• Web application and hosted back end
• Hosted server with application Note: Can also be hosted in house
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Pros and Cons
• Availability of data– Work anywhere – FLSA issue for non-exempt staff– Data on the web security concerns – Dependable and robust internet required
• Updates – Updates handled by vender – Updates may cause issues
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Pros and Cons
• Backups– Confidence in vendor vs. confidence internal staff – Time to restore from backup may be longer/shorter than
in house restores – Redundancy of systems and data
• Cost vs. Benefits
• Ownership of data
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Contact Information
Tina FrysingerJason Reljac
Manager, HRIS/Payroll412.697.5209
Technology Manager412.697.5483