The CFO’s guide to cloud computing for power and utilities

The future of energy is digital. How can CFOs in the power, utilities, and renewables (PU&R) industry use cloud computing to make a more significant impact? Our CFO guide to cloud answers frequently asked questions and shares real-world examples of cloud in action. See how cloud can enhance the role of finance teams in the digitalization of PU&R.

Enhancing the role of the CFO in digitalization and the future of energy

Finance leaders need to understand the challenges outlined above and the opportunities cloud computing for power and utilities can offer in meeting them. Effective approaches can make operations more efficient, agile, and innovative. In our CFO guide to cloud for PU&R, we share insights into questions CFOs frequently ask about cloud investments, whether they are intended for finance, other corporate areas, or operational parts of the value chain. Some of the most pressing questions we hear include:

• Value proposition. How can we realize sustainable savings by moving to the cloud?
• Accounting treatments. What are others doing to address the accounting and tax implications of moving to the cloud?
• Finance opportunities. Are cloud versions of ERP software “ready for prime time” in a company like ours?

At the end of the CFO guide to cloud, you’ll find additional material aimed squarely at finance leaders in the PU&R industry, including areas where cloud can provide real value for PU&R, from stability to capital efficiency.

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