Toby Hatch

Finance in the Cloud—Myth or Today's Reality?

So whats holding your organization back from implementing financial cloud applications? You, or others on your team, may be hung up on some long-standing myths about cloud computing. This article will address some of the more prevalent myths and fears and bring some “reality therapy” to this process. It will also try to provide a better understanding of the variety of cloud options available to bring some clarity to the analysis and decision process associated with implementing financial cloud applications. This process will include both a checklist of the essential risk-mitigating questions to ask, and a quiz to determine how “cloud ready” your Finance organization is today.