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Cloud Computing for Finance: A Viable Tool, Not a Panacea

Sep 25, 2013
From the Advisory Institute

Insight Into Empowering Finance and the Enterprise

Brief 7 in a series of 8  |  Cloud Computing for Finance

Finance organizations are turning to Software as a Service (SaaS) to achieve greater agility and speed and to solve business problems, often without the support of the IT organization. As the initial hype falls away, cloud does not appear to be a destination, but one of many tools.


of survey respondents say they will consider migrating some systems to a cloud environment, viewing it not so much as a game-changer but rather just another tool in the technology toolkit.

“We’ll always be open to cloud-based alternatives…we’ll assess that on every new system we’re going to look at.” 
—CFO, National Food and Agricultural Cooperative

The cloud will become business as usual. Do you understand your true cost of cloud? Have you prioritized certain applications for cloud solutions? Can you evaluate your risk and compliance position with your cloud vendors and solutions?

We launched a research study with CFO Research Services to better understand issues faced by clients, notably the investment in technology that often fails to deliver results for the finance organization. Our focus centered on ideas to leverage from your peers and our experience in helping clients develop and implement successful projects.


Read Cloud Computing for Finance: A Viable Tool, Not a Panacea


Explore more:

Webcast slides  

Other Research Briefs (Series of 8).