The challenges of cloud ERP
See finance transformation through the cloud
The ‘See finance transformation through the cloud’ video series is the culmination of a number of interviews: offering Deloitte, partner vendors and client perspectives on the various stages of the cloud journey. We focus on the key internal and external challenges that our clients face when transitioning their back office finance function to the cloud, with the aim to help other enterprises navigate their way through the journey to cloud.
Cloud technology is everywhere. Deloitte helps the adoption of cloud technology and services throughout the entire journey; from advisory to delivery and cloud care. Deloitte has teamed up with software vendors, established and emerging, to bring the best cloud based solutions to the market. Our years of business transformation experience coupled with our industry insight help clients make sense of the cloud market and deliver the right solution.
The 'See finance transformation through the cloud' video series is the culmination of a number of interviews: offering Deloitte, partner vendors and client perspectives on the various stages of the cloud journey. 42% of IT decision makers are planning to increase spending on cloud computing in 2015*. Therefore, Deloitte has been discussing the key challenges the modern CIO and CFO has to consider when transitioning their back office finance function to the cloud.
Integration stability and reliability was highlighted as the number two concern on cloud adoption, trailing only to security concerns**. These concerns were highlighted in the Deloitte article, Tech Trends 2014: Cloud orchestration; and we wanted to see if these were still considered the main hurdles that Enterprises are trying to overcome.
Please find out more by watching the video above.
*www.forbes.com Jan 24, 2015
**IDG Enterprise, Cloud computing: Key trends and future effects June 27, 2013
Our expert says…
"Our clients are realising that the challenges relating to cloud ERP are not so much about technology but the traditional hurdles of business change. Challenges around integrations, data migration and business adoption remain, but cloud applications make user acceptance easier. Users embrace solutions that are familiar and more aligned to their day to day experience of technology."
Steven Pease, Partner, Enterprise Applications
Find out more
To learn more about Deloitte and our partner vendors, get in touch with our Enterprise Application team.
For further insights into how to transform your Finance function with cloud ERP technology, visit our application services page.