Author page: Xienan Shaw

You Don’t Have Weaknesses, Just Overdone Strengths

I recently wrote about a special mentor I had in my life when I discussed Robert Crosby and the one word that changed my life.

Bob had such an impact on my outlook on life and business. I recently was explaining one of his philosophies to a friend and thought this might be useful to you, too.

Bob once told me that there are no such things as personal weaknesses, only over-done strengths. If you think about this as I have, you come to realize it’s true.

  • If your strength is confidence, over-done this become arrogance.
  • Self-reliance over-done becomes stubbornness.
  • A person who cares too much for others may become a “pleaser” who loses their own sense of self if the strength is over-done.

This view of the world has been useful to me in several ways.

First, when somebody comes across as arrogant or stubborn, I recognize that there is an underlying strength there, too.

It also helps me put my own faults into perspective. For example, as the first-born of six kids, I was always taking care of babies and standing up for these younger, weaker humans. As I entered the workforce, I recognized this trait translating into my comfort with mentoring young people  — a helpful leadership trait. But over-done, I can be over-protective when I need to let people stand on their own.

How do you see this perspective play out in your own life? Do you have over-done strengths?

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What Elephants, Rats, and Apex Predators Can Teach Us about Creating Durable Businesses

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FEDERAL CARBON TAX: Costs and Rebates



FEDERAL CARBON TAX cost and rebates



On October 23, 2018, draft amendments to the Federal Fuel Charge Regulations and the Greenhouse Gas Pricing Act were released. As of April 1, 2019, a federal carbon tax is scheduled to be imposed in respect of Ontario, New Brunswick, Manitoba, and Saskatchewan. The federal backstop legislation will be partially used in Prince Edward Island, Yukon, and Nunavut. The other provinces and territory are not subject to this regime as they have, or are, instituting their own custom carbon pricing structures.

In the first year, the federal tax will, for example, subject gasoline purchases to a 4.42 cents/L tax while 3.91 cents/cubic meter will be assessed on marketable natural gas. The rates will be increased annually until 2024.

According to a Government Backgrounder entitled Ensuring Transparency the direct proceeds from the federal carbon tax will be returned to the territory or province of origin. For the provinces subject to the federal carbon tax, approximately 90% of funds will be returned directly to individuals and families through a Climate Action Incentive (CAI) payment. The remainder will be returned through electricity generation support in remote communities; support for small and medium enterprises; and support for municipalities, universities, schools, colleges, hospitals, non-profit-organizations, and indigenous communities.

The following are sample published payout amounts and estimated costs for 2019.

Province

Climate Action Incentive Payments ($)

Carbon Tax Cost ($)

Family of 4

Avg.

House-hold

1st

Adult

2nd Adult

Each Child

Avg. House-hold

Ontario

307

300

154

77

38

244

Manitoba

339

336

170

85

42

232

Saskatchewan

609

598

305

152

76

403

New Brunswick

256

248

128

64

32

202

Also note that a 10% top-up will apply for those residing in rural areas.

The legislation does not set out the amounts of the payments. Rather, it provides that the amounts for each year may be specified by the Minister of Finance. Absent amounts specified for any specific province, the amounts are nil. It is not clear whether the amounts included in the above release are estimates, or are the amounts specified in accordance with this provision. Payments are expected to increase annually to reflect increases in the federal carbon tax, until at least 2022.

The Government of Canada website (https://www.canada.ca/en/environment-climate-change/services/climate-change/pricing-pollution-how-it-will-work.html) provides additional information specific to each jurisdiction.

The other provinces which are not subject to the federal program generally have similar systems in place which include the collection of levies, and a partial refund to individuals, with the remainder being used to fund the programs or other credits and direct expenditures. For example, in Alberta, the carbon levy is applied at a rate of $30/ton in 2019 to diesel, gasoline, natural gas and propane at the gas station and on heating bills. It does not apply to electricity. A carbon rebate valued at $300 for the first taxpayer, $150 for the spouse, and $45 for each child will be available with the payments beginning to be phased out at an income of $47,500 for individuals ($95,000 for families).

ACTION ITEM: Review the above website to review exposure and potential rebates in your particular jurisdiction. Businesses may want to budget for increased costs to operate.


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CANADA PENSION PLAN (CPP) CHANGES: Costs and Benefits are Increasing



CANADA PENSION PLAN CHANGES



Starting January 1, 2019, the CPP will be enhanced. This means that both employees and employers will be required to contribute more, but, retirement, survivor, and disability pensions will also increase. The changes will be gradually phased in over 7 years: Phase 1 will take place from 2019 to 2023; and Phase 2 will take place in 2024 and 2025.

Phase 1 – The prior 4.95% base employer/employee contribution rate will increase annually to 2023, as follows, 5.10%, 5.25%, 5.45%, 5.70%, 5.95%.

Phase 2 – In 2024, an additional 4% contribution will be required on earnings in excess of the Year’s Maximum Pensionable Earnings (YMPE), up to 107% of the YMPE. For example, if the YMPE is $70,100, the additional limit will be approximately $75,000 ($70,100 x 107%). The 4% rate will be applied to the difference between the two numbers: $4,900 ($75,000 – $70,100). For 2025 and later, the 107% multiplier will be increased to 114%.

Eligibility for CPP benefits will not be affected, however, some benefits will increase. In 2019, the CPP retirement benefits will begin to grow, eventually covering 1/3 of average earnings up to the maximum amount (which will also be increasing by 14%). One’s benefits will depend on how much and how long they contributed to the enhanced CPP. Post-retirement benefits will also be increased. Disability benefits will be increased depending on one’s contributions, and the survivor’s benefit will also be increased based on the deceased spouse or common-law partner’s contribution.

ACTION ITEM: Employers should budget for higher CPP costs on continual increases over the coming seven years.


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Increasing benefits of Cloud Computing

Cloud computing is the process of data storage and processing on the internet. It ensures data management in a non-physical mode, that way users do not need equipment to manage their data physically.

Cloud computing, however, comes in different modes of usage which includes:

– Private cloud,
– Public cloud, and
– Hybrid cloud.

Private cloud, as it sounds is private. Private individuals and businesses own and operate private clouds over a private network. Public cloud is performed on a more public platform. Business owners and individuals thereby handle their accounts on this public platform. Lastly, the Hybrid cloud is a joint operation of both private and public platforms.

Why cloud computing is of more benefit to you as a user;

Accessibility: One significant advantage of cloud computing is that users easily get any data needed at any point in time on the spot. The user does not need to have a specific or unique device before the user receives the data. Cloud computing also requires no special technical expertise before a user gains access to it. This advantage increases the productivity and efficiency of the user.

Pay as you go: Another great benefit is that cloud computing is a very cost effective mode of usage. Its policy allows users to pay for only the resources used. Therefore, it does not use a bulk like mode for payment which makes it a lot easier to maintain.
Information security: Cloud usage has the option of increasing security on desired information. This comes in the form of putting a password on the file or data encryption. This makes it difficult for a third party, who has not been given exclusive access to the file, to open such files.

Easy file transfer and exchange: This especially comes in handy for users who are always on the move and still yet need a form of storage for communication and business interaction with clients. For instance, a user uploads a file on cloud storage and then gives their client access to such file. The client can also communicate back through the same medium. It increases the efficiency of service, productivity and ensures that the work always gets done.

Data Recovery: Asides information storage and management, cloud computing also serves as a good source of backup plan for information. One can lose valuable data saved locally, either by losing the device on which it was stored or even by things such as a virus infection on the device. However, one can regain data stored over the cloud even on a device different from the one used for the primary storage.

Cloud computing supports increased accessibility, productivity, efficiency and top of it all; it is very cost effective thereby making it a necessary and essential mode of computing for progressing platforms.

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Security is everyone’s responsibility

As we take advantage of the opportunities the internet has to offer it is critical that online security becomes a priority. As Xero partners and customers, you are all operating online and with this comes a need to be vigilant about keeping sensitive data and information secure from hackers and cybercriminals – the same way you keep your home or your car safe by locking it. Statistics from online security software vendor Norton show that globally 689.4 million (31%) people were affected by cybercrime in the past year. Additionally 63% of people also believed it’s become harder to stay safe and secure online over the past five years. The fact of the matter is that the impact of cybercrime has become a reality for all businesses. We continually remind all of our customers – small businesses, accountants and bookkeepers – to ensure that they are taking precautions to keep their data safe from hackers.

As the Head of Security at Xero I have a team working around the clock and throughout every timezone to monitor and detect suspicious activity. We identify patterns of malicious activity and after discovering harmful activity we then take the appropriate steps to notify users and guide them through protecting their account. Protecting our platform against cyber attacks is a top priority and we are constantly evolving our systems to ensure they are as robust as possible. However, a system is only as good as the weakest link in the chain. Security needs to be strong on all fronts and it’s important that our small businesses and advisors are invested in protecting themselves and their customers from attacks. As a business it is your responsibility to safeguard not only your own information but more importantly that of your customers who have entrusted you with sensitive data. By keeping informed about cybersecurity and instilling the importance of security practices throughout your business, together we can build a stronger, more secure online community.

Here are some simple, easy-to-implement steps that will help you better protect your information and that of your clients online.

Have strong, unique passwords

I cannot stress the importance of having strong passwords enough. One of the most common ways that people’s accounts get taken over is through people successfully stealing or “cracking” your password. Always use a strong, unique password for each site you log in to. While this may seem extreme, particularly in an age where we have multiple logins, having different passwords will help prevent a compromise of one login becoming a compromise of many. You can use Password-manager software to help you navigate your multiple logins, and to generate strong passwords for you. We would also advise that you clearly communicate the importance of password hygiene to your staff, in particular that reusing personal passwords, e.g. for social media sites, is not acceptable.

Use 2SA

2SA or Two-Step Authentication essentially equates to having that extra deadbolt on the door. 2SA works by having two layers of security, firstly through you entering your existing password and then through another verification code generated by an app on your smart device. Having 2SA enabled for your Xero account significantly reduces the risk of account takeover, as stealing your password isn’t enough to get access.  2SA (or 2FA, MFA or 2SV) is extra important for your email account, which is usually the means to hackers being able to reset your passwords for other sites.

For more information about Xero login and 2SA, visit our new landing page.

Update your software

Security threats are changing all the time and new software vulnerabilities are identified every day. Keeping your operating system and applications up to date is your first line of defence against many attacks.  Set your system preferences to update automatically and delete applications that you don’t use.

Having up to date anti-malware (anti-virus) software is another simple but effective way to protect yourself. Anti-malware software will scan your attachments and downloads as you use them and alert you to any malicious software detected. Make sure your anti-malware software is updated regularly so that it will be able to detect any new viruses, trojans, ransomware, etc.

Security is of the utmost importance for Xero and like every other online business we have to be constantly vigilant about phishing attacks and account takeovers. We all have the responsibility to ensure we are utilizing security procedures and continually investing in online security. As an online community we need to work together to make sure we are all protecting one another and keeping our data secure from cyber criminals.

For more information visit Xero’s Security page, get updates on the latest security issues on Xero’s security noticeboard or forward suspicious, Xero branded emails to phishing@xero.com.

 

 

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Why you should take UX seriously

UX is about putting the customer first – who would be a more suitable candidate for the pole position? Your ecommerce store is for them, so it should be designed for them. They’re the person who you want to satisfy the most, and engaging in UX allows you to accomplish this. It can help to turn your site from a means-to-an-end, to a steamrolling ecommerce powerhouse. In a cutthroat global economy with ruthlessly fierce competition, your site absolutely must stand out in order to excel. UX is a tool that can help you achieve this.

Though complex in nature, UX doesn’t have to be expensive. We’ve hand-picked a few of the most cost-effective UX practices that can make a big impact on your webstore and that you can start using right away!

Reduce Cognitive Load (Eraser at the Ready)

Every element and word on your webstore needs to be absorbed and understood by your users. This is called cognitive load – the mental effort being exerted by the user’s working memory. The more cognitive load that you burden your users with, the more stressed and discouraged they’ll become. This is why it’s essential to seize your proverbial eraser, and remove everything that is unnecessary from your webstore.

Pioneering UX professional Steve Krug advises the following:

Get rid of half the words on each page, then get rid of half of what’s left

Krug’s Third Law of Usability

Using concise language is one way to reduce cognitive load and speed up the user’s journey. It’ll also reduce the noise level of the page, make your important content more prominent, and result in each page being shorter.

“Happy talk” such as “Welcome to our webstore” should be avoided at all costs. The primary reason people come to your site is to purchase goods and this kind of unnecessary fluff just serves as a hindrance. Consider removing gratuitous pronouns like the “Our” in “Our products”, or the “My” in “My account”. Try to re-write any sentences that might be just a tad too overinflated and wordy. With a little effort, you’ll end up with a more succinct site.

Design for Scanning, Not Reading

Your webstore isn’t primarily a blog; most people aren’t arriving at your site with the intention of filling their heads with knowledge, they’re turning up to make a purchase. Over 20 years ago, usability god Jakob Nielsen discovered that people don’t read websites, they scan them. You should keep this top-of-mind whenever writing or reviewing copy for your website.

There’s many UX aspects involved in creating a scannable ecommerce site, with four of the best being conventions, gestalt theory, well-formatted text, and visual hierarchy.

1. Conventions

Being conventional may be considered dull and unoriginal by some, but it’s a fundamental part of a good design. Elements that adhere to convention are instantly understandable, and so require little cognitive effort. This means that you should think twice before including a whacky, animated “Add to cart” button on your webstore, or a navigation menu that just uses icons because it looks super-cool.

Users don’t want to mentally strain their way through the shopping experience, they want to make purchases as quickly as possible, and then get out of there. Using conventional elements throughout your design will give it a comfortable, recognisable facade. You can suffuse your site with originality using shape and colour; leave conventional elements such as search, navigation and forms to their effective predecessors. They were designed that way because they work.

2. Gestalt Theory

Gestalt theory is a complex psychological theory which explains how we perceive the world, but for the sake of UX, it’s a principle of proximity. A simplification of this principle is as follows: things that are close to each other, similar in design, or enclosed within a border are understood to be related.

This is the reason that designs with little whitespace tend to baffle us – we just can’t figure out how to separate the content into manageable and understandable chunks, because it appears to be one gigantic mesh of information. Using ample whitespace, or placing a border around your elements, gives each section a unique identity and clear purpose, allowing your users to easily distinguish and navigate your webstore.

3. Well-formatted text

Well-formatted text will enable your customers to quickly find the information that they’re seeking. This can be achieved by using concise, large headings to group information (Gestalt theory again); short, quickly-consumable paragraphs; bullet lists whenever possible, and the highlighting of key words. Lists of links should include the most important and relevant words first.

4. Visual Hierachy

Visual hierarchy is a scale of importance, it illuminates where your attention should be focused, with the option to consume less important content if desired. The more priority something has, the more prominent it should be.

Importance can can be increased using size, weight, colour, or additional surrounding white space. A classic example is colouring your “Add To Cart” button with a hue that stands out in your webstore – painting it the same shade of blue as your header background just means that it’s less likely to be spotted, with potentially expensive consequences. Similarly, a product’s name is more important than its description, so using the same font size for both is communicating that they have the same priority. Good visual hierarchy encourages your customers to focus on what they should be focusing on.

A/B Testing

The most UX-savvy design team in the world can’t anticipate a user’s every desire or action. Every one of us is beautifully unique, and our behaviour exhibits this fact. With A/B testing, you can present different customers with two slightly altered designs, in order to determine what works best for their particular nuances. A simplified example best illustrates this:

Test name: “Complete purchase” button on checkout

If we want to understand which text on the button at checkout performs best we would test two variations:

Design 1: Button uses the text “Complete purchase”

Design 2: Button uses the text “Complete sale”

Conversion goal: Clicking on the button and completing the sale



Randomly displaying the two different designs to customers over a period of time will help you to determine which one converts best.

A/B tests can be set up with Google Analytics or Crazy Egg, both of which are available to install for free in Neto’s add on store. 

Conclusion

UX doesn’t have to be time-consuming or difficult. With the above practices, you can make radical improvements to your webstore’s design, which will enhance the overall experience and increase the likelihood of purchases. Guide your customers effortlessly through your webstore – make UX a primary focus.

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7 steps to brilliant job and staff scheduling

Assigning the correct employee to the right job at the right time is crucial for business success, especially for companies with a mobile workforce. So why don’t some managers give it more of their attention?

Sometimes it’s because they refuse to let go of their primitive tools – paper-based timetables, rosters and worksheets, or whiteboards – rather than invest in transparent, up-to-the-second and easy-to-use cloud-based technology. Sometimes the job of handling work and leave schedules isn’t seen as a priority or is given to someone who doesn’t fully understand the demands of the business or the relative merits of individual staff members.

Here are seven things that business managers can do straight away to improve employee morale and performance, reduce stress and help serve their customers better.

 

1. Assign the right worker for the job

Allocating a job to the best available employee might be the single most important thing managers do. This can be a difficult task when some staff are on leave or sick, but capable and reliable staff will ensure the job gets done quickly and effectively and increase the chance a one-off client will turn into a regular customer. Giving specific work to staff who lack experience or whose technical skills are underdeveloped might give your business a bad name and potentially damage workplace morale.

 

2. Get to know the team

More than just knowing what professional talents your employees bring to work, it’s important to get a sense of who they are and what interests them. As well as making for a happier workplace, it will help build team spirit. It’s vital for staff wellbeing that managers have a sense of when and how staff prefer to work, and that their wishes will be accommodated whenever possible. Knowing the way individuals tick may also help determine who are likely to work well together, especially when they’re out in the field in front of your customers.

 

3. Build a flexible roster

Of all of the things that motivate a workforce, offering individuals flexibility is one of the most important. Allowing staff to leave early for family reasons or rostering them off on specific days are not likely to hurt the business but will encourage employees to be more reliable and perform even better when they are at work. Just as important is having a repeatable and logical way for all staff to apply for leave, especially for annual holidays. A cloud-based document system, even Google Docs, will help keep everyone aware of who will and won’t be available.

 

4. Give plenty of notice

Posting rosters and job schedules at the last moment might give the manager more flexibility to accommodate late work but it does nothing to help staff plan their lives away from work. Managers should ideally give employees at least one week’s notice of their upcoming shifts. But there should always be a plan B …

 

5. Have a contingency plan

Things change all of the time; it’s the nature of business. How managers deal with change will be a measure of how effective they are at running the business and the staff roster. It’s important to have the tools to communicate changes quickly (see point 7) but also be conscious of the various skills your employees have – one of them might need to step into someone else’s shoes without affecting business performance or customer relationships.

6. Plan for the worst … and the best

Just as managers need to allow for illness or family dramas, they need to be able to ensure enough staff are rostered on when the telephone is running hot. This might be for certain hours, days or months, or around certain events, such as Easter or Christmas. For businesses that depend on seasonal work, there could be nothing worse than having to turn down jobs simply because not enough service staff are available. Again, clear-thinking managers will plan well in advance by creating a sharable document that indicates when the workload is expected to be particularly hectic, and they will communicate this to staff ahead of time.

 

7. Invest in the right technology

Mobile workforce management software, such as Geo allows everyone in the business to see what is happening with every job, every customer and every staff member in real time. When the inevitable happens, and jobs are cancelled, postponed or switched around, managers can alert all employees of the changes straight to their mobile devices, with revised job and customer details available immediately.

Old-fashioned paper-based systems made it too easy for information to be misunderstood or job orders misplaced. Even worse were staff rosters on a whiteboard or pinned to a wall. Unless all staff were in the office at the right time, how could they know that the roster or schedule has changed, and how it affected them? Modern, reliable cloud-based systems go a long way to minimise business mistakes and serious misunderstandings with employees and customers.

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What does the future look like for Accountants on the Cloud?

At the end of the day, there’s no way to keep up with every technological advancement out there. You could spend hours optimising your personal devices and every piece of software in a business environment. However, there are certain trends that accountants need to be prepared for in the future. They are undeniably becoming fundamentals to the industry and will impact how they do their business.

Small business cloud accounting

Cloud-based software platforms are making it more and more viable for small businesses to join the competition. Cloud-based software can help small businesses with their accounting systems, keep track of their inventory stock and manage their eCommerce platforms. The systems provide small businesses with real-time information across important areas of their operations.

The cloud lets an accounting system communicate with the other cloud-based systems as well. It can integrate inventory stock levels and online sales into their daily accounting reports. This keeps a small business organised and across everything that’s going on. It is also a scalable model so it can adapt to business growth.

It is anticipated that at least 78% of all American SMEs will fully cloud operational by 2020. It’s imperative that accountants can support clients on this journey in a way that goes beyond the basic accounting principles. Accountants can provide guidance on best-practice processes. They can help manicure a cloud-based software system that is catered to a company’s accounting needs. There is often specialised accounting requirements for small businesses. Accountants may shift from the day-to-day accounting duties and act as business advisors. After all, their years of experience in the industry can help provide insight and strategic expertise.

Develop a speciality

As cloud-based software becomes more mainstream, accountants may struggle to find their place. However, there is a vast amount of scope to specialise into niche parts of the market. Each business will operate slightly differently – some businesses might have perishable inventory stock, others might have inventory stock that gets sold in multiple countries. Businesses need to sculpt a unique cloud-based software model that suits their exact needs.

Accountants can help define the relationship that speciality businesses have with the cloud by providing financial expertise that can guide how these systems get built. They can help decide what financial information is important to gather from the cloud. It can support forecasting decisions and help adapt to shifts in the industry.

There is a big space for accountants to capitalise on the niche needs of a business. It’s definitely an interesting time to be an accountant in the cloud-based software era!

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The benefits of Cloud Computing

People use cloud computing to do everything from streaming videos and hosting websites to delivering software. Companies who offer cloud computing are called cloud service providers (CSP), like Sevaa Group! Most CSPs are built on AWS, Google, or Azure. However, Sevaa Group owns all of our own equipment, making us our own cloud provider. All in all, this means that we’ll manage everything for you including security measures, updates, and any server issues.


Types of Cloud Computing


CSPs fall into three main categories. These are often referred to as the cloud computing stack.


Infrastructure-as-a-Service (IaaS)


  • IaaS is the most common type of cloud computing. With this layout, you rent IT infrastructure, like storage, networks, and servers, that would traditionally exist in a physical datacenter. Instead, the IaaS provider hosts your infrastructure in their own datacenter, so you don’t have to worry about it. Hosting with an IaaS is appealing due to the promise of scalability. However, managed hosting isn’t always guaranteed, and there’s a substantial amount of configuration required to get your project up and running.


 Platform-as-a-Service (PaaS)


  • PaaS vendors include more of the application stack and offer cloud infrastructure and services. They might also provide products and services like software developing, testing, and maintenance. In fact, Sevaa Group is a PaaS vendor. We offer software development, hosting, and IT management all on our own servers.


 Software-as-a-Service (SaaS)


  • SaaS usually uses a subscription approach to deliver applications over the Internet on demand. In summary, SaaS cloud providers host and manage the software application, infrastructure, and any maintenance. Users then access the application over the Internet through a browser on their device.


 


6 Advantages of the Cloud


Cost


  • Cloud computing works on a pay-as-you-go basis. You only pay for what you use, similar to a utility bill. This eliminates the need to spend money on the hardware that comes with hosting on a server. And, instead of worrying about servers, you’ll be able to focus on your business.


 


Quick Accessibility


  • Many cloud computing services come on-demand, so increasing computing resources can happen efficiently.


 


Scalability


  • With cloud computing, you have the ability to scale elastically. In other words, your website or app receives the right amount of resources (bandwidth, storage, etc.) when it needs them.


 


Optimal Performance


  • Sevaa Group’s cloud computing services run through secure local data centers that our Systems Administrators regularly maintain.


 


Easily Transferred Information


  • The easy accessibility that comes with the cloud computing makes it a very simple process to share information across the globe.


 


Reliability


  • In cloud computing, data backups occur routinely making disaster recovery easy and inexpensive. Data can be found on multiple devices at redundant sites on the cloud provider’s network.


Cloud Deployments


There are three types of cloud deployments:


Public Cloud


  • Cloud service providers completely own public clouds. Businesses and individuals then create and access their accounts through a browser. All servers and infrastructures in public clouds are handled over the internet.

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