Wednesday, May 26, 2021

AUTOMATE YOUR E-RETAIL BUSINESS UNDER $250


Since COVID-19 has taken the world into the abyss, the e-retail business has become more and more popular. Many shops and small business owners have moved their products to online stores. Giants like Amazon and eBay have received more number seller listings during this year like never before.

All these online stores have somehow reduced the physical workforce but the various eCommerce applications have taken advantage of this situation to increase their Sales.

Shopify is one of them which has gained more popularity over this period and thus providing a cost-effective way to move small businesses online. With just $29 Per Month, you can move your business online and increase your reach to a global audience.

It’s not only the sales which are affected, but the financial world has also taken a hit as well. The daily inflow of money for these businesses is really important, which accounting applications like QuickBooks have managed it really well. Starting from just $12 per month, QuickBooks provides a pretty convenient way to send invoices out and receive the payments.

All these applications had made B2B and B2C cost-effective, but this phenomenon is getting bigger and bigger as more merchants are moving to online space thus making automation a necessity. Nowadays, automation is not just the buzz word, it’s imperative for these businesses.

Start Automating Your eCommerce from 1 platform!

Optimize your order-to-cash process by synching order and fulfillment data from multiple channels with QuickBooks.

See All Available Integrations

Accounting Automation

DBSync Cloud Workflow makes this automation even more simple, easy to implement, and deploy. With just under $200 p.m. you can automate your complete eCommerce business starting from “Order fulfillment” to receiving payments with Shopify and QuickBooks and tracking shipments with Shipstation. DBSync provides a trouble-free and seamless integration between Shopify and QuickBooks by pushing your order data to QuickBooks to create invoices in almost real-time, Thus, avoiding any human intervention. It saves business owners close to $30,000 USD per year on an average in terms of overhead cost and also saves a ton of time in automating mundane manual work.

As an automation partner, DBSync not only helps in accounting automation, it also allows you to automate your inventory stock update changes and keep your Shopify stock updated at all times. Whenever a product is sold, the inventory for the product gets reduced in Shopify. With DBSync integration, those incremental inventory stock on hand updates can flow into QuickBooks and notify the purchasing team and generate a purchase order for a given SKU if the stock needs a refresh.

On the other hand, when the stock comes and that PO is received, those changes are reflected back to Shopify and making a particular product SKU available for ordering. This data-flow alone makes it super easy operationally, without needing any manual intervention.

Automated Shipment Processing

At the same time, the DBSync allows you to process shipments with its almost real-time integration with Shipstation. It not only pushes orders to Shipstation, but you can also generate tracking numbers via this automation. Thus completely harnessing the power of iPaaS, by reducing human effort in Order fulfillment and Order-2-Cash cycle.

With day-to-day competition in this growing market, automation has become an integral part of all businesses. The optimization in identifying buying patterns to fulfilling customer needs and eventually getting the all-important payments into your bank account, automation is pretty much lifeblood of your business. DBSync CloudWorkflow for Shopify is pretty much at the heart of these automation orchestrating data-movement and process integration with various business applications like Shipstation, POS systems accounting and so on.

Conclusions:

In a nutshell, the right eCommerce solutions can boost your business and the bottom line, but a good automation solution can take your business to new heights giving you the much-needed edge. Given the unprecedented situation where work from home or working remote is the new norm, cloud solutions like DBSync can provide effectiveness and scalability to your businesses irrespective of your geography.


Tuesday, May 25, 2021

ACCOUNTING INTEGRATION FOR SERVICEMAX


 Integrate Servicemax?  Definitely we can!

It’s been only a few weeks since we announced our Partnership with ServiceMax, and we can see the excitement among the enterprises signing up for the integration service.

ServiceMax is a leading provider of field service management solutions through its field service management tool built on top of Salesforce. It offers on-demand solutions that automate operational planning such as workforce optimization, advanced scheduling and dispatch, parts logistics, inventory and depot repair, and installed base entitlements.

With its real-time cloud integration solution, DBSync will connect ServiceMax to a variety of enterprise systems such as QuickBooks, Microsoft Dynamics GP, Intacct and Accounting Book. With the integration support introduced by DBSync, the ServiceMax users will have easy access to various records such as

  • Accounts
  • Contacts
  • Work Orders & Work Details with Customers
  • Jobs and Invoice & Line Items

 The features of the DBSync support for ServiceMax & Accounting apps like QuickBooks Integration are:

  • Easily extend, map and create new business processes and mappings
  • Supports custom objects in ServiceMax
  • Supports Data Extension in QuickBooks
  • Supports Multi-Company database Integration
  • Migrate data from Accounting to ServiceMax or vice-versa

Through this support, the users will be able to improve productivity by reducing double data entry and increase data visibility across multiple systems. They’ll have a seamless experience by reduced A/R by automating payments, reports, workflows and alerts. They can also integrate with other applications like eCommerce to simplify business.

 Benefits that you can reap through the integration of Accounting or ERP System from ServiceMax are:

  • DBSync for ServiceMax & Accounting integration integrates ServiceMax to QuickBooks, Microsoft Dynamic GP, Intacct and Accounting Book.
  • DBSync for ServiceMax & Accounting integration provides an easy to use application to synchronize Accounts, Contacts and Work Orders to Customer, Jobs and Invoices and many more into your Accounting system.
  • Track Cash to Close and AR analytics to manage your customer more effectively.
  • The application provides a pre-built field map along with a flexible advance mapping capability and configuration capability. The application also has an automatic online update so you never have to manually upgrade your application.

For more information on ServiceMax integration, visit our page: https://www.mydbsync.com/integration/servicemax 

Monday, May 24, 2021

DATA LOSS CAN TORPEFY YOUR BUSINESS

 

What does data mean in today’s business world?

In the age of information, data plays a vital role in the development of any business, and it can be very well said that success comes to those who can manage and protect their data in a better way.

Data gives information, knowledge, and ultimate wisdom for making correct decisions and proper actions that directly help in the growth of any business. Hence, it becomes crucial to protect your data from any loss or damage to keep your business operations smooth 24*7 without any glitch.

The Ponemon Institute’s Cost of a Data Breach Report puts the average cost of a data breach at $3.92 million, with healthcare being the most costly industry. The average time taken to identify and contain a data breach is a whopping 279 days. As expected, the shorter the lifecycle of the breach, the better. A breach lasting under 200 days costs $1.2 million less than one with a life cycle longer than 200 days.

Now the question is how data loss can affect your business and how Replication can rescue you from this situation. So let’s dive in to find the solution to these queries.

How losing data can affect your business?

In this digital world, data plays as the base of any business, and loss of data can result in a sudden break to your business, which can harm your business in many ways, such as:

1.  Productivity disruption

Productivity suffers primarily when an organization loses its data irrespective of whether the loss is due to an unplanned network outage, software failure, malicious cyber-attack, or hardware failure. This can take days to recover, causing downtime and lost sales.

According to Datto: “An hour of downtime costs $8,000 for a small company, $74,000 for a medium company and $700,000 for a large enterprise.” For large enterprises, this equates to around $11,600 per minute.

2.  Loss of reputation

In the age of information and digitalization, news travels at a very high speed. If your organization is not able to serve its clients due to data loss or ends up in the headline due to incident of data loss, it will create negative publicity for your organization and can damage your reputation permanently

3.  Loss of confidential data

Data loss can lead to exposure of confidential and private information about your company, your clients, or your employees. If personal information about your client or employee is compromised, it can cost a hefty fine against your company for failing to comply with the data protection act.

For businesses that did not adhere to these regulations, fines could be issued to the organization to the tune of up to £500,000 for failure to comply with the Data Protection Act 2018

The Information Commissioner’s Office (ICO) has fined Cathay Pacific Airways £500,000 for failing to protect customers’ personal data. The UK watchdog said the airline’s computer systems had exposed details of 111,578 UK residents and a further 9.4 million people from other countries. (Cathay Pacific fined £500,000 over customer data. (2020, March 4). BBC News. https://www.bbc.com/news/technology-51736857)  

4.  Permanent failure

Data loss can cause many financial and non-financial damages to your company, out of which permanent failure is the worst one. Every year many companies have to close their services permanently after being struck by a significant data loss. The financial and non-financial loss constitutes a perfect storm that creates an impossible situation for recovery.

94% of companies suffering from a catastrophic data loss do not survive – 43% never reopen, and 51% close within two years.
(University of Texas)

7 out of 10 small firms that experience a major data loss go out of business within a year. (DTI/Price Waterhouse Coopers)

5.   Losing customers loyalty

If customers lose their essential data due to data loss occurring in your organization, their trust and loyalty are tarnished, and they might take their business elsewhere. This news will ultimately come out, and it may be a tough battle to find a new customer ever again!

Yahoo data loss Let’s take a look at one of the most significant data breaches in the 21st century, and its impact on the organisation whose customer data was hacked.   Yahoo used to be an Internet giant. According to Lauren Johnson, Yahoo was seen as a digital pioneer. It was launched in 1994 by David Filo and Jerry Yang. Twenty-two years later when it was sold to Verizon in 2016, it had moved from a global Internet giant to a company that was struggling to compete in the same space as other search engine giants like Google.   What made matters worse, was that while Yahoo was negotiating with Verizon, the company announced that in 2013-2014, its data servers were hacked a number of times and 3 billion accounts were affected. The details that were stolen across all the hacks were customer names, email addresses, phone numbers, dates of birth, passwords, as well as security questions and answers. This information about the data breaches reduced Yahoo’s sale price by about $350 million.   However, the sale price reduction was just a minor consequence of the data breaches. Ever since the announcement that 3 billion customers’ data was exposed and stolen, the company has battled to regain the territory it lost to other Internet giants like Google and Microsoft. The bottom line is that consumers do not trust Yahoo to keep their private data secure.
(The Scary Effect of Data Breaches on Your Customers’ Loyalty. (n.d.).
Retrieved August 7, 2020,
from https://www.digitalinformationworld.com/2019/02/effect-of-data-breaches-on-customers.html)  

Hence, loss of data can be a very costly affair irrespective of the size of the companies. In many cases, it takes years for the companies to recover and get back in a competitive business environment while in some situations, it can even lead to a permanent shut down!

How can Replication help you?

One of the most common uses of Replication is data recovery, which also provides accurate security at all times against any catastrophe, system breach, or software and hardware failure, where data may be compromised.

Replication focuses on ensuring that all your critical applications are up and running even after an outage. The main purpose of Replication is to provide Disaster Recovery, i.e., easy and quick resumption of work after any corruption or outage.

Replication also improves and optimizes server performance. With the help of Replication, businesses can run multiple replicas at multiple servers helping users to access data faster and also provides an additional feature of analytics replication. Data-driven organizations can replicate data from various sources to data warehouses, which allow them to power their BI tools.

By making data present at multiple locations, it ensures the large-scale sharing between various systems and thereby spreads the load of the network. The following are the various benefits of data replication to an organization:

  • Better reliability and availability: as data is present at different locations if one system fails due to any reason, data can quickly be recovered from another location.
  • Lower latency in data access: as data is available at multiple locations, the required data can be accessed from a closer location to where the transaction is being executed
  • Powerful analytic support: making data available from different sources to a data warehouse empowers other teams to work together on a common project and facilitate the use of business intelligence tools and improve the overall business process.
  • Enhance test system performance: as Replication simplifies synchronization and distribution of data, it creates quick accessibility of data for test systems enabling faster decision-making capabilities.

How Replication works

Replication involves writing or copying the same data to different locations. For example, data can be copied between two on-premise hosts, hosts in other locations, multiple storage devices on the same host, or to or from a cloud-based host. Data can be copied on-demand or transferred in bulk or batches according to a schedule, or replicated in real-time as the data is written, changed, or deleted in the master source.

Data replication stores your data in more than one site or node, which increases the availability of data. It copies your data from one server to another so users can share the same data without any inconsistency. It creates a distributed database where users can access the relevant information according to their requirements without interfering with others' work.

How can we help you in replicating?

At DBSync, we provide you with a simple and cost-effective way to replicate your salesforce data. Our cloud replication can automatically create salesforce object schemas, replicate objects in real-time, create or update Salesforce records from your database irrespective of the platforms like AWS, windows, Linux, etc. Few significant benefits of using our replication software are listed below:

  • Fulfill all your compliance and security requirements.
    Archiving your cloud application data with Cloud Replication helps you comply with FINRA and other requirements. Snapshot-based tracking means you stay on top of regulatory requirements for versioning.
  • Zero Administration – set it and forget it.
    Automatic schema creation and adjustment means zero effort on mapping schemas. The ability to run database queries on Salesforce data reduces API usage and query latency.
  • Easy enough for business users.
    No API experience? No Problem! Download the data directly and manipulate it from the database to see your updates right in your CRM.
  • Deploy and Run anywhere.
    Support for the cloud (AWS) and on-premise database back-ups such as Oracle, SQL Server, MySQL, Snowflake, and more. Run it in batch or real-time incremental data replication.
  • Adopt Salesforce with your AWS and Big Data.
    Cloud Replication’s support for Cassandra and Amazon Redshift helps you harness the power of Big Data for your business.
  • No per-user licensing, simple pricing model.
    Our pricing model provides a ton of features at a reasonable price.

With our Replication, you can save huge amounts of money that you might lose due to data loss just by spending $2k per month on an average, which keeps your business running and ensures the safety of your data.

Conclusion

There is no denial to the fact that data is acting as a fuel for the modern business world, and to sustain, grow and thrive in your business, one needs to ensure an uninterrupted supply of the fuel, i.e., data. Hence, each and every company must ensure the protection and security of their valuable data as losing it can result in substantial monetary losses, reputational losses, and in some cases, businesses can’t even recover with the loss accrued to them, resulting in permanent closure. One of the most effective solutions to avoid any of these is provided by Replication, which works as an effective way of protecting data and ensures business continuity 24*7*365.

Sunday, May 23, 2021

KEY BENEFITS OF INTEGRATING YOUR INVENTORY MANAGEMENT SOFTWARE WITH ACCOUNTING




Inventory management software has become an indispensable tool for many successful business owners who recognize the importance of accurate inventory management. Likewise, accounting software is invaluable for even small businesses, providing critical data on business performance. Inventory management software is a must for a business of any size, and so is accounting software to improve efficiencies and organize businesses smartly. Accounting software defines your company’s current standing, while inventory management software is used to maintain inventory health. Inventory management is about knowing what you have in your warehouse and where your stock is located. However, unless it’s integrated with your back-office systems, an inventory management system alone can’t effectively optimize your inventory nor ensure the inventory asset value on your financial reports matches what is physically in stock — at least not without manual, arduous intervention and reconciliation.

Many companies will already have accounting software in place and a system for their inventory management. However, these two systems may operate independently of each other despite having a lot of information worth sharing. In order for inventory management to be effective, it needs to communicate with multiple aspects of the business. Although inventory management software can track physical inventory stock, it needs to integrate with other business parts to yield the best possible optimization.

Two of the most strategic systems to link together are online inventory management software and accounting systems. By combining these two systems, it allows a company to streamline information efficiently. This will enable them to plan better and make better decisions. Forecasting can be more accurate, and manual reconciliation mistakes can be minimized. These two entirely different business components can be incorporated for better management that gives your business a competitive edge while reducing risk, saving money, and automating the processes.

This article examines why integrating both inventory and accounting software is so essential and beneficial for business owners. In doing so, we can show you how you can maximize the potential of both by fusing them using DBSync iPaaS for seamless and hassle-free integration.


Investing in iPaaS provides an enterprise with a Managed Integration Solution that can smartly automate the complete inventory management irrespective of your data sources and allows centralized control over the enterprise’s stock movement. It should also provide complete flexibility in controlling data integrity.

Precise and coordinated inventory management is vital to a business’s success, so the level of functionality that system alerts provide can be a driving force behind improving processes and cutting costs for the organization.

A sound inventory management system can be the critical difference between your business growth or failure.

The top 5 benefits of Integrating your inventory management system with accounting can be listed as follows:

Top 5 benefits of Integrating your inventory management system with accounting

Prevent Out stocks and overstocks situations

Optimizing inventory stock helps maintain customer satisfaction and avoid wastage. Storage and handling costs are associated with every inventory item stored. So collecting excess inventory stock will lead to unsold items sitting on shelves, which is a cost in itself and even more so if items become damaged or obsolete. However, on the other hand, having a shortage of items will lead to missed sales opportunities and disappointed customers.

An integrated inventory management and accounting software solution can increase data analysis accuracy and provide valuable insights such as sales forecasts and cash flow. Solutions with real-time visibility will benefit businesses in planning out more accurate inventory stock levels required for demand.

With the right amount of inventory stock, you can manage the expectations of customers and investors. Customers want instant satisfaction, meaning that they want the product available when they want it. They don’t tolerate waiting when there are so many other places to shop. However, investors want to minimize working capital that is being held in excess inventory. If your accounting system communicated with the inventory system, you could plan to have the right stock based on sales orders and previous accounting history.

As DBsync, we make this possible by making the systems talk. With DBSync iPaaS, we make sure that all systems get the updates when inventory fluctuates. For instance, customers using Quickbooks to manage their finances and Skuvault for inventory management can benefit from DBSync’s iPaaS integration, enabling bi-directional mapping between the two. DBSync has helped these applications to share data at the most granular level by integrating all these applications overcloud


One of the many COVID-era lessons learned the hard way by commissaries and other offsite providers, and their retail partners is that it’s more important than ever to know your inventory and to limit budget-busting waste. The value of inventory management systems has become even clearer during a disruptive event like the pandemic, said Joe Smirlies, senior vice president of Periscope.From a production planning and ordering perspective, a perpetual inventory position is used as a measure of reality on how product has moved from the shelves and is constantly used against any future need assessment which has to be also tied to the accounting software to realise the actual growth and strength of the company.                                              


Joe Smirlies, senior vice president of Periscope  

 

https://www.supermarketperimeter.com/articles/5812-the-latest-in-inventory-management-technology  

Reduce Labour Expenses and Reduce Errors


In a recent Harvard Business Review By John L. Neuman it was concluded that the key to a successful business is to make overhead cuts that last.  


Reduce Labour Expenses and Errors by enabling  automation
https://hbr.org/1975/05/make-overhead-cuts-that-last  

Integrating inventory management and accounting software means that many processes usually performed manually can become automated. This reduces the need for an excess number of hands-on-deck, reducing time pressures and error risk.

A significant part of a business’s expenditure is spent on labor costs. When integrating inventory management and accounting software, the chances of unnecessary labor-intensive manual feeding of components that relate to each other are reduced – saving time and money.

With DBSync iPaaS, you can drastically reduce labor costs and the risk of human errors, which directly impacts business growth and improves automation.

Provide visibility to supply chain partners

For companies with multiple supply chain partners, ensuring they have maximum visibility is key to ensuring productive working relationships. Allowing inventory level visibility to the supply chain partners will help them manage customer shipments effectively. The best way to do this is by integrating inventory management and accounting software.

Aside from its symbolic role – that is, in showing that you trust your suppliers with important information – providing this visibility also has a functional role. Fusing the inventory and accounting software will allow supply chain partners to see your fluctuating inventory levels so that they can proactively ensure you have enough to fulfill customer demand.

Compiling accurate financial reports

Every business needs to check inventory stock with accounting data to avoid discrepancies. Accuracy is vital for key stakeholders and investors, not only accurate financial statements for tax purposes. If there are continual significant discrepancies, then root causes should be investigated. Integrating your inventory management system’s transactions with the back-office accounting system will help remove complications, mistakes, and delays.

Any successful business owner will understand the importance of regularly creating financial reports to identify what is working and not. This is a difficult task to do without accurate information about inventory and accounts, so integrating inventory and accounting software is the best way forward.

By integrating both software systems, business owners, inventory managers, and accountants will work more effectively together. More collaboration and communication can mean more effective decisions, and it is these things make your business superior to competitors.

Easy reconciliation of data

By integrating inventory management with accounting software, you can easily enable data reconciliation, which plays a vital role in business operations.

Tracking your inventory is one of the most complex and challenging automation to execute. As the number of sales and purchase orders increases, it becomes much more challenging to track inventory item movements and stock-on-hand updates. DBSync IPaaS solves this problem and ensures easy reconciliation of data across all applications.

Work with DBSync and reap more benefits, as mentioned below:

Better ROI

DBSync iPaaS is the best fit for your organization and value add and the right investment for solving all inventory management  issues while integrating with accounting software, making it an easy solution which is time-saving and cost-effective

Enhanced Automation

Integrating two of your business’s most vital software into one platform streamlines processes and with real-time solutions, the data available increases automation in the business. The crucial decisions can be based on the output from the integrated software, uncovering potentially valuable insights for inventory management decisions and also allows for efficient and accurate financial reports that can be obtained effectively through the integration.

Determining your business’s right inventory management system and a strategy for back-office integration requires assessing your needs today and your plans for future growth. To achieve maximum benefits, integrating inventory management and accounting software solutions should be real-time, flexible, transparent to users, reconcilable, and scalable.

Fast & Secured Integration

DBSync iPaaS pre-built templates assist you in connecting your accounting software to inventory management systems within minutes. Our in-built scheduling and queuing of data flow ensure critical business objects like customers, items, invoices, and orders are not duplicated, and integrity is maintained.

A delicate balance

DBSync iPaaS ensures a delicate balance in managing your inventory and the accounting related to it. As any seasoned inventory manager knows, striking a balance between holding too much and too little stock can be a daunting task. If you order an excess amount that exceeds demand, you will have valuable cash tied up in obsolete stock. On the other hand, failing to order enough inventory to meet demand will result in dissatisfied customers.

This is where integrating inventory management software and accounting software will come in handy. By combining the two, business owners and inventory managers will have more to work within more accurate analysis and insights into the company’s needs.

Such integration will allow for more accurate information, leading to improvements in sales forecasts and cash flow. Further, getting this information in real-time will enable inventory to be assessed accurately in line with demand, purchase orders, and sales. All of this comes as a given solution by using DBSync iPaaS.

Conclusion:

With DBSync iPaaS, you can leverage seamless integration to provide greater visibility into ordering and fulfillment, deadstock, and safety stock notifications. Product purchase forecasting can be done using DBSync iPaaS by analyzing QuickBooks sales data and correlating it with stock movement over a specified period. The real-time inventory replenishment and movement status can be synchronized with all enterprise applications to determine product availability and reduce shipment time and cost by notifying.

We at DBSync are excited to empower our mutual customers with greater transparency, reduced errors during fulfillment and in handling returns, which ultimately enables them to deliver a seamlessly accurate, transparent, and efficient experience for all businesses

Tuesday, May 18, 2021

PRIVACY REGULATIONS AND THEIR IMPACT ON SAAS DATA BACKUP, LIKE SALESFORCE


Whether you are a B2C, D2C, B2B, or B2G company, you create SaaS data that falls under privacy laws. Although there is no one-size-fits-all data privacy approach, companies should understand how this data is being collected, used, retained, and safeguarded across their organization and with their partners. Companies should also leverage the fields/attributes offered by their SaaS apps. For example, Salesforce offers data fields such as “Block Geolocation Tracking”, “Don’t Process Preference” and “Don’t Profile Preference”.

Key Questions: SaaS Data Backup and Privacy

Commercially available SaaS data backup and replication solutions are also evolving to provide richer data management tools to meet these requirements. But before you consider or reconsider your SaaS backup solution, you should ask yourself these key questions:

  • Do you know your SaaS apps’ data privacy fields/attributes?
  • Have you created customs fields, rules, and reports to meet the requirements?
  • Are the proper data workflows in place both for internal and external processing?
  • Has the data been combined with other sets of data?
  • If you had to delete a customer’s records, would you be confident that you are meeting privacy requirements?
  • Are you creating an audit trail?

[Learn what data needs to be retained in our guide.]


How Can SaaS Backup and Replication Apps Help?

From the ever-evolving CCPA requirements to GDPR, COPPA and HIPAA, leveraging backup and replication these tools can help make the process easier. One key way SaaS backup solutions are helping to meet regulations is the one-click “Right to Be Forgotten” feature found in many of today’s solutions. It allows database admins to remove the needed data across not only the current backup but all iterations.

Other tools can help you to replicate only the data needed, based on your anonymization requirements, before it hits your data lakes, data warehouses or other systems for BI, AI or ML initiatives. Understanding your data, where it propagates and how much should be ported over to systems is now arguably the greatest challenge of data stewards.

Partnering with Data Management App Providers

Why not also have a conversation with your data management solutions provider? They may have run into the same challenges with other customers and can share some best practices from their work in the field.


Saas Backup Brief

Monday, May 17, 2021

DBSYNC RECOGNIZED AS ONE OF THE AMERICAS’ FASTEST GROWING COMPANIES BY THE FINANCIAL TIMES FOR THE SECOND CONSECUTIVE YEAR

 

The company’s move up on the Financial Times’ list for 2021 highlights the company’s growth and reflects the digital transformation occurring across many industries.

Brentwood, TN, April 13, 2021 — DBSync LLC, a leading SaaS data management platform, has received the ranking of #434 on the Financial Times (FT) list of The Americas’ Fastest Growing Companies 2021, moving up from position #476. This recognition comes from the FT and Statista Inc., the world-leading statistics portal and industry ranking provider.

The FT Americas’ Fastest Growing Companies list ranks companies with the strongest compounded annual revenue growth between 2016 and 2019. DBSync grew more than 27% during that period, with an absolute growth rate of over 107%. The company’s growth results from expanding its market share for existing SaaS integration apps and SaaS data replication solutions, along with the introduction of new apps to its SaaS data management platform.

The company continued to grow the platform in 2020 and has an aggressive product roadmap for 2021. The company’s newest additions to the platform include new SaaS integration apps for eCommerce to power the data workflows between apps such as Shopify and WooCommerce to fulfillment, CRM and financial systems. The company also added its SaaS Backup for Salesforce solution in 2020.

About the Financial Times

The Financial Times (FT) is one of the world’s leading business news organizations, recognized internationally for its authority, integrity, and accuracy. The FT has a paying readership of more than a million worldwide, three-quarters of which are digital subscriptions. FT is part of Nikkei Inc., which provides a broad range of information, news, and services for the global business community. For more information, visit www.ft.com

About DBSync

DBSync unleashes the power of Automation, liberating DataOps and DevOps from difficult, manual and repetitive tasks, giving organizations more time to pursue their dreams and achieve higher goals. The company develops and markets its data workflow, replication and backup solutions in partnership with leading providers of CRM, finance, ERP and e-Commerce apps as well as SQL and NoSQL databases, data services and data platforms. With easy-to-use pre-built connectors and ETL capabilities, DBSync provides easy links between leading cloud-based and on-premise solutions, enabling better compliance, insights and decisions. The company has offices in Nashville, San Francisco and Bangalore, India.

Thursday, May 13, 2021

WHEN TO USE SAAS DATA BACKUP VS REPLICATION

 


As SaaS data management solutions evolve to meet the market's growing data management and data endpoint needs, the lines are becoming blurred between SaaS backup and replication. The following summarizes the typical SaaS backup and replication features that you are likely to encounter on the market and where these lines become blurred.

Some of the reasons for the market's evolving needs include the movement towards digitizing businesses, reflected in the increases of SaaS and cloud adoption, along with increasingly ambitious business continuity goals and more demanding regulations. Some key data goals may include:

  • Optimizing DataOps and DevOps time and resources

  • Creating a unified view of the companies data and customers

  • Seeding data lakes and warehouses for analysis

  • Meeting privacy regulations

  • Meeting financial regulations

  • Meeting business continuity RTO and RPO goals

  • Project-specific goals such as migrations and enhancing systems

[Download our Salesforce data backup and replication comparison]

SaaS Backup Solutions: What to Expect

SaaS backup solutions provide DataOps with a tool that will automate their backups and make it easy for them to recover their data, metadata, and other assets such as files. A non-technical user should be reasonably comfortable navigating the solution. The main goals of the backup app are to meet compliance, audit, and business continuity goals. The data's endpoints are usually limited to a public or private cloud, necessitating a replication solution should the company need an on-premise self-hosted solution. What you will typically find as features:

  • Scheduled/automated daily backups of data, metadata, and other assets such as files

  • Reporting to indicate changes between backups

  • Comparison tools to investigate changes

  • An audit trail to validate compliance

  • "Forget Me" tools to meet privacy regulations

  • The ability to easily and quickly recover data from the backups to meet your RTO goals



When the Lines Blur Between SaaS Data Backup and Replication


The lines become blurred between commercially available products (backup and replication) when the demand for the frequency of backups increases, additional data endpoints are needed or data use becomes more diverse. Unfortunately, this sometimes requires a bit of digging and doesn't always yield a perfect vendor-to-vendor comparison which may include charges for additional data storage and API calls. The following section will highlight the typical replication features available commercially.

[Download Our Salesforce data backup and replication comparison]

SaaS Replication Solutions: What to Expect

As your data usage or endpoints needed become more complex, the products you will find more useful become SaaS data replication solutions.

When you want to do more with your data than back it up, then you will be drawn to SaaS data replication solutions. These may be additional features from SaaS data backup providers or a unique product line from a SaaS data management company. The solution helps to get the right data to the right business unit, regardless of geography, reliably and consistently. What does that mean?

Similar to backups, replicating SaaS data can ensure that, if one system fails, data can easily be recovered from another location. With data replication, it can also reduce your RTO since the data can be replicated to a local server. Replication can certainly boost your ability to meet business continuity goals and regulatory mandates, but, because of those additional endpoints and automated schema updates, it can do much more. SaaS data replication solution can power a companies analysis by populating data lakes and warehouses on a frequency of your choosing. It also finds application in enhancing or testing system performance to help with IT decision-making. These are some of the typical feature you can expect to find.

  • Flexible frequency and scheduling 

  • Multiple endpoints (SQL, NoSQL, public cloud, private cloud and on-premise)

  • Sandbox replication

  • Automated schema updates 

  • Choice of run modes

  • Enhancements through additional APIs

  • Integration with data workflows (connectors) 



Discover which set of data management tools work best for you and your company. Download Our Salesforce data backup and replication solutions comparison.