Gartner Research

Cloud ERP: Preparing for Success With Cloud Core Financial Management Applications

Published: 28 July 2017

ID: G00332680

Analyst(s): Nigel Rayner

Summary

The increasing adoption of cloud ERP means many organizations are considering replacing on-premises core financial management applications with public cloud services. Application leaders need to work with CFOs and the office of finance to prepare the finance function for success in this transition.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Ensure Any Move to Cloud Core Financial Management Applications Is a Business-Owned Initiative, Not an IT-Led Vendor Selection Project
  • Link Any Move to Cloud Core Financial Management Applications to Finance Process Improvement and Finance Transformation
  • Eliminate Customized Capabilities Unless They Support Differentiated Business Processes
  • Assess the Readiness of Your Finance Organization to Embrace the Business Change Needed When Adopting Cloud Core Financial Management Applications

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