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Cloud Computing: A Silver Bullet For Finance?

Sponsored By Workday

Topics:: Accounting > Accounting Standards; Budgeting & Planning > Strategy; Technology > Networks / Telecommunications

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Abstract:: The benefits of cloud computing - a high return on investment, greater staff efficiencies, optimization of IT resources, and enhanced visibility and access to information - have piqued the interest of CFOs and finance leaders who are actively evaluating the risks versus the rewards of the cloud delivery model. Although a steady migration to the cloud is happening in many areas of the enterprise, finance professionals still have questions regarding the security, performance, privacy, risks, and the actual cost and value of cloud computing. This white paper discusses the benefits and challenges of Finance in the Cloud, why the cloud may be an appropriate platform for Finance, and how a move to the cloud has the potential to transform business operations.

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Sponsored by:

Released: March 09, 2012

Length: 7 pages

Format: PDF (2199 kb)

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