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