Bringing the Cloud to You: The CFO’s Practical Guide to Cloud Adoption
January 30, 2019
Let’s be honest, companies have always needed speedier access to—and analysis of—reliable financial information from across their entire enterprise to make well-informed decisions. Today, the supporting foundation is the widespread deployment of cloud-based software applications.
In a recent survey, 62 percent of corporate respondents said they have moved or will move their enterprise performance management processes to the cloud within the next 12 months. That’s up from 46 percent a year earlier, according to Oracle’s 2018 EPM Trends Report.
Cloud-based applications confer many benefits. Amongst them, cloud-based software can be accessed and utilized by anyone in the world at any time. This fundamental capability eliminates inefficient operation of disparate systems by different divisions and thereby facilitates collaboration and communication.
To help business leaders make sound decisions about whether to move to the cloud and, if so, how to make the most of it, this guide is based on our considerable experience and expertise at the intersection of corporate finance and technology. Our goal is to cut through the jargon, noise, and buzz surrounding the cloud. Our experts share our insights so readers can truly understand what the transition entails and how companies can — and should — align their business strategy with the benefits and realities of what’s available.