Why would you want to use cloud for your Planning and Budgeting needs

“Cloud” is becoming the latest buzzword everywhere. Not only in technology but in every business, executives are wondering how exactly they can benefit from the Cloud. At the same time, they do not want to stir up the comfort level of their company’s current user base. The critical patch updates, version upgrades are becoming harder for the IT department to keep track of. There is always a time crunch when it comes to business-centric applications such as planning, budgeting, and Cloud EPM . Quite frankly, CEOs and CFOs do not have time to spend waiting to see what the next 3 years’ forecasts are, or what the budget versus actual costs are. Having spent the last decade facilitating major company transitions into Cloud planning and budgeting, I have personally come across many executives who were eager about the advantages of the Cloud, but were too afraid to move the platform. Here are the typical questions I always come across in the process: Question: What will this Cost...