While current adoption of cloud-based solutions for enterprise performance management is low, research by The Hackett Group predicts a dramatic increase in adoption within the next few years. This advancement creates new opportunities for financial planning and analysis (FP&A) organizations to become more agile and collaborative while benefiting from the latest functionalities at a fraction of the cost of on-premises versions.
Given the rapidly shifting and fiercely competitive market for cloud applications, EPM professionals must understand both what is happening and the implications for their organizations, including:
The Hackett Group helps companies significantly improve the efficiency and effectiveness of their organizations. We objectively measure business performance and provide fact-based transformation plans for achieving and sustaining world class, based on data and analysis from more than 13,000 benchmarks. For the typical Global 1000 company, this could mean as much $302 million in cost savings and more than $3.2 billion in working capital.
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To learn more about The Hackett Group and how we can help your company sharply reduce costs while improving business effectiveness, please contact us at 1 866 844 6514 (US - Toll-Free), +44 20 7398 9100 (UK) or +61 2 9299 8830 (AU).