In this article you will read about,
- why software manufacturer Diamant Software now operates its AI-supported accounting solution in the Open Telekom Cloud,
- how sensitive financial data remains GDPR- and GoBD-compliant in the German legal area,
- and which tools can be used to automate operation, maintenance, and deployment in the cloud.
The digital transformation in German small and medium enterprises has recently gained significant momentum. According to Telekom's Digitalization Index, the coronavirus pandemic has been an important driver. This is because digital processes make it easier to maintain business processes and productivity when working from home. For this reason, more than a third of SMEs (34 percent) quickly digitalized key processes last year. This includes systems and processes in financial accounting, as a KPMG study emphasizes: invoices in electronic form, homogeneous basic systems, standards, and high data quality are particularly important to those responsible for finance when it comes to the digital transformation.