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Cloud for Everyone — Including the Tax Function

According to a recent report titled “The State of Cloud Adoption & Digital Transformation” by Harvard Business Review (HBR) Analytics Services, 67 percent of senior executives surveyed reported that their organization has accelerated its plans for cloud adoption.

If you want to know more about how to buy financial planning & analysis (FP&A) softwares then this book is for you:

  • Due to the numerous benefits outlined, experts are predicting that organizations will soon shift away from single use cloud and instead adopt multi-cloud services to modernize their data architecture. In an article by Database Trends and Applications, business leaders will need to decide which service providers they will want to mix and match.
  • Data security absolutely should be a top priority in the evaluation of any technology investment, but these concerns should not prevent organizations from considering a cloud-based solution as strong security features have become table stakes for cloud and SaaS solutions.
  • One of the benefits of SaaS solutions is that vendors typically improve and upgrade the software far more frequently. Although these updates are smaller in scope and much less intrusive than major upgrades of on-premise software installations, they pose different challenges.

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