As planning, budgeting and forecasting become indispensable strategic contributors, finance executives begin to realise the need to transform their rigid yearly financial planning by adopting more advanced (both on-premise and cloud-based) analytical tools. 71 per cent of organisations surveyed by FSN in 2017 has been able to reforecast more than twice a year, up from 56 per cent in the previous year, although the forecasting accuracy is still fairly low. 

If you are reading this article, chances are, you are looking to upgrade your current accounting system due to: 

In a study conducted on 3000 accountants worldwide by Sage People in 2018, 67 per cent of the accountants stated that they "have their heads in the cloud"; more than half of the respondents have already adopted cloud-based solutions. As cloud computing is becoming more mainstream, early adopters are now reaping their benefits. It is time for your accounting function to be transformed digitally. 

Somewhere along the line, a disease known as cloud-washing was initiated by a number of unconscientious cloud providers who share an appeal for shortcuts and, as a consequence, it is now spreading like wildfire. This practice, without question, can play havoc with your business’ digital transformation. In this midst of chaos, how could enterprises spot these deceptive, substandard services that are disguised as “cloud”? 

Companies that are either planning to purchase an IT software or in the process of implementing one cannot overlook the due diligence process. Many organisations either underestimate the importance of conducting due diligence or fail to gather all the relevant information to support their decision making.

When it comes to Cloud deployment, security is top of mind for  all concerned. The Infor CloudSuite team uses best-practice protocols and a thorough, continuous improvement approach that gives you both confidence and peace of mind. The following information provides a detailed look at Infor’s security approach.

Amazon Web Services (AWS) provides a variety of cloud computing platforms and services on-demand to individuals, organisations as well as the governments. This subscription-based service offers a virtual computing power which can be accessed anytime as long as there is an internet connection, or in some cases, no connectivity at all.

Understanding of cloud computing within the general business community has been an evolutionary process; however, the picture of what it is, how it works, and what it means has become crystal clear. Increasingly, cloud technology is being seen as an essential tool for turning change from a threat into an opportunity.

Networked Business Intelligence (BI) leverages new capabilities to truly combine the centralised and decentralised models of BI, delivering the best aspects of both: end-user self-service without analytical silos. It is a new approach to analytics based on the idea that trusted and well governed data is not at odds with speed and ease of use.