Finance System Strategy as part of Post Modern ERP Strategy
Moving financial systems to cloud is the undisputed current market trend as on-premises systems are not able to dynamically adapt to changing business requirements. However, as critical finance modules require a stable delivery plan, it makes sense to separate them from less critical administrative and operational focused modules like procurement, account payables invoicing automation etc. which can be quickly deployed and are easy to integrate with existing core financial modules. At the same time, while finance teams can adopt a slow, cautious approach to moving on-premises system to cloud, the incremental specialized modules can already start showing value in form of improved process efficiency, visibility and control for finance.
- Defining Post Modern ERP Strategy
- Moving Financial System to Cloud – Bimodal approach
- Relevancy of Post Modern ERP Strategy to Finance
- Role of IT and Finance Collaboration