12-13-2015, 07:06 AM
“The cloud” is attracting a burst of attention. Early movers, mainly in the HR and sales space, are demonstrating the ability of cloud-based solutions to provide greater flexibility and lower total cost of ownership (TCO), while vendors are investing in their on-demand products and pushing them towards maturity. As cloud-based solutions become more robust, finance organizations are starting to wonder about the possibility of moving back-office processes to the cloud, such as financials, procurement, and projects portfolio management. What are the business drivers for moving to the cloud? Can it provide greater agility? Is it secure? Can it co-exist with on-premise applications? The answers, of course, will vary, depending on the chosen solution as well as upon a particular organization’s requirements and objectives. But one thing is certain: CFOs and finance executives need to start thinking about the potential of this disruptive technology to enable growth and efficiency since the market has begun to move in this direction. And for some, the time may be now to set a course for the cloud as an exciting new means of growing their businesses while controlling operating expenditures and reducing execution risks.
Business Drivers
•Better Economics —
Agility —
•Talent —
Choosing a Cloud Provider
What should you look for in a cloud provider? Flexibility, excellent performance, user-friendliness, and solid user support are often cited as “must haves.” But if a company really wants to get the most out of its investment, it should expect and demand more. In our experience, there are three main areas in which cloud providers can differentiate themselves from the pack.
•End-to-End Capabilities —
•R&D Investments/Company Profitability —
•Maturity and Lineage of the Product —
Understanding the Deployment Process
Cloud implementations are different. This is generally good news considering traditional ERP implementations are sometimes characterized by heavy investment, long timelines, multiple phases, and many customization options. With the exception of some extremely complex, global enterprises, the cloud alters these characteristics.
a good article is attached from Deloitte
Business Drivers
•Better Economics —
Agility —
•Talent —
Choosing a Cloud Provider
What should you look for in a cloud provider? Flexibility, excellent performance, user-friendliness, and solid user support are often cited as “must haves.” But if a company really wants to get the most out of its investment, it should expect and demand more. In our experience, there are three main areas in which cloud providers can differentiate themselves from the pack.
•End-to-End Capabilities —
•R&D Investments/Company Profitability —
•Maturity and Lineage of the Product —
Understanding the Deployment Process
Cloud implementations are different. This is generally good news considering traditional ERP implementations are sometimes characterized by heavy investment, long timelines, multiple phases, and many customization options. With the exception of some extremely complex, global enterprises, the cloud alters these characteristics.
a good article is attached from Deloitte