Finance in the Cloud: Rediscovering the power in numbers
Finance in the Cloud: Rediscovering the power in numbers
Insight

Finance in the Cloud: Rediscovering the power in numbers

The finance function can use Cloud as an opportunity to reinvent itself.

Results of a global survey show that moving HR and finance operations technology to the Cloud leads not just to cost savings, but also to a business transformation that can position finance to be hyper-agile, scalable, and able to deliver deep insights in a business-partnering role.

Commissioned by Oracle and conducted by MIT Technology Review Custom, the survey showed that 96% of respondents from finance say the move to the Cloud met their expectations, exceeded their expectations, or strongly exceeded their expectations. 

Interestingly, C-level respondents ranked many benefits of Cloud solutions higher than cost savings.

MIT Technology Review Custom explores these benefits with Richard Beacham, Principal, KPMG Advisory Financial Management, in this paper. Read it to discover how the Cloud can deliver much more than just cost savings to finance organizations.

Finance in the Cloud: Rediscovering the power in numbers

Finance executives expect a wide range of benefits from the Cloud, including capabilities and insights that will provide for a more strategic role in the organization.