Oracle Cloud
New Finance Research Confirms: Technology Obsolescence is Over

Cloud when? Cloud NOW

Across everything our survey found, there is one thing that has become abundantly clear. For finance teams and leaders, it’s no longer a question of asking: “Cloud when?” It’s “Cloud now.”

We’ve passed the point of cloud acceptance. It’s the new normal, and as we move forwards, it’s going to become increasingly challenging for finance teams that haven’t embraced the agility and flexibility of the cloud to compete with those that have.

The rift between those that have embraced cloud finance and those that haven’t is already stark, and it’s only going to grow larger.

Cloud-based finance is already helping finance teams:

  • Modernise both ERP and EPM quickly and easily
  • Say goodbye to technology obsolescence for good
  • Cut and control costs
  • Avoid downtime caused by manual system patching and upgrades
  • Stay on the bleeding edge of best practice
  • Improve the visibility, accessibility, and value of finance data
  • Prepare for anything and everything tomorrow holds

Shaping a better, broader tomorrow for finance

The verdict is in: cloud works, and it’s going to be even more important tomorrow than it already is today.

52 percent chose cloud tools because they’re future proof and able to grow alongside the business

50 percent say that cloud has given them a more global view

68 percent are benefitting from faster deployment in the cloud

Get a closer look at the state of cloud ERP and EPM

Want to take a more detailed look at how and why finance teams are embracing cloud for ERP and EPM?

Read our dedicated ERP and EPM trends reports to explore the findings and understand the benefits driving teams to shift their operations to the cloud.

Download the full reports now.

Combined ERP and EPM Cloud nTrends