Cloud-Based Finance for the Talent-Driven Enterprise

In this report, Harvard Business Review Analytic Services highlights a number of trigger points that will drive 70% of organizations to make the switch to cloud-based finance systems within the next 24 months, including:

• Significant business growth or expansion
• Compliance mandates such as the new revenue recognition standards from FASB and IASB
• A new CFO or CEO pushing for a big increase in the performance of the finance function
• Imminent “end-of-life” or “end-of-support” for existing systems

The likelihood of major upgrade, maintenance, or support costs for existing systems