5 Takeaways: CFOs are getting into the Cloud

Cloud is becoming more popular and beneficial these days. In previous blog we have seen that how you will get good ROI when invested in cloud technology, here are some take a ways for the CEOs this are the real this experience shared by Tom Brennan when he was on “Cloud Power Series tour” From Boston, to Chicago, to Philly, to San Francisco, Atlanta and NYC, below listed are some of his biggest take away and this will help CFOs in their businesses.

1. CFOs are getting more involved with cloud strategies at their companies.

CFOs are eager to learn and get ideas on how they can improve their businesses with the cloud.

2. The cloud’s value proposition.

Most of the people now see cloud as a strategic way forward, and not just a way to reduce costs.

3. Some companies will inhale the whole cloud while others will take small steps.

The most interesting thing is observed that small and midsized companies tend to take in the whole cloud, while larger companies are looking for ways to step into the cloud incrementally by joining up specific functions with existing cloud apps e.g. billing apps for Salesforce.

4. Choosing a cloud platform is one of the most strategic decisions a company can make.

Cloud platforms are a foundation and source for all of a company’s business apps, operations automation and competitive differentiation going forward so go cloud

5. Companies are tired of the barriers between departments, especially between sales and finance.

Companies are trying to brake barriers between the departments now sales and marketing are going hand in hand the best example is for this is the Salesforce Platform including accounting, billing, sales commissions and expense management so the inter department work is now getting easy