Even as Salesforce.com aggressively seeks to consolidate its position as the leader of cloud-based front-office applications via a series of acquisitions, it is possible that 2017 could be the year the company uses some of the same purchases to make a strategic move. Salesforce soon may become a major player in the back-office financial management and enterprise resource planning market as well.
Speculation that Salesforce might expand its offerings to address the back-office needs of its corporate customers has been plentiful for a long time. Salesforce’s success in reinventing the nature of front-office applications via the cloud has convinced CFOs that the time has come to adopt Software-as-a-Service (SaaS) solutions to solve their back-office requirements.
Click here to read THINKstrategies’ perspectives in E-Commerce Times regarding how some of the recent Salesforce acquisitions include functional capabilities that cross over into the realm of back-office … Read More »
Although a growing number of organizations have been adopting a ‘cloud first’ approach to their business application and computing needs for a while, it has taken a long time for CFOs to feel comfortable migrating their own financial management systems to the cloud. However, a confluence of forces is finally driving them to make the move that could create additional momentum for cloud adoption across their operations.
It isn’t surprising that CFOs have been slow to adopt cloud-based applications to support their own departments. They’re paid to be conservative and risk-adverse.
Click here to read THINKstrategies’ latest commentary in Datamation regarding the organizational and market forces that are convincing CFOs that it is time to put their concerns aside and move to the cloud.
Oracle’s acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions.
Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace.
Click here to read THINKstrategies’ perspectives in E-Commerce Times regarding the market forces which are driving CFOs to adopt Cloud-based financial management and ERP solutions, and how these trends are reshaping the competitive landscape.
One of the clear indications that the cloud movement is becoming mainstream is the growing number of CFOs and finance departments that are adopting Software-as-a-Service (SaaS) solutions to support their corporate responsibilities.
Even more interesting is how cloud-based alternatives can redefine the accounting and financial management function in forward-minded organizations.
Click here to read THINKstrategies’ views in E-Commerce Times about the business impact of these trends.