The first stop in the Host Analytics cloud EPM roadshow was held today before a packed house at the lovely Four Seasons Hotel in Palo Alto. The event featured a keynote address from Accenture Managing Director Tamara Emerson.
One of her slides was about considerations whether you should look at SaaS/cloud financial systems. Here is the criteria list (i.e., if you are experiencing any of these issues you should consider cloud financial applications).
- Financial systems are not providing the information necessary to make solid business decisions.
- Financial systems cannot easily adapt to changing business processes.
- Delivered SaaS businesses processes that fit business needs.
- No current solution exists or financial systems are on an unsupported version
- Financial systems support is difficult to maintain and the skillsets needed are not readily available in the company / marketplace
- Processes and capabilities fall behind industry benchmarks
A full copy of Tamara’s slides are embedded below.