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New Report on Building the Business Case for Cloud Computing Available from Financial Executives Research Foundation and Intacct

ORLANDO, Fla. May 21, 2012 Orlando, Florida

William Sinnett

The report revealed that, when it comes to the motivations for choosing a cloud-based solution, the responses from the CFOs interviewed fell into three main categories:

  • A desire to optimize IT systems by eliminating costs and IT overhead
  • A desire for better access to information
  • A desire to streamline and automate financial accounting processes and provide robust reporting for improved decision making

The CFOs also discussed the benefits of moving from on-premises software to a cloud financial management system, including:

  • Increased anytime, anywhere visibility
  • Productivity savings, such as superior integrations with existing business solutions
  • Reduced hardware and software costs
  • Lower implementation and integration costs
  • Lower operational and maintenance costs May 21st 11:00am – 12:15pm ET

About Financial Executives Research Foundation

Financial Executives Research Foundation (FERF) is the nonprofit 501(c)(3) research affiliate of Financial Executives International (FEI). FERF researchers identify key financial issues and develop impartial, timely research reports for FEI members and nonmembers alike, in a variety of publication formats. FERF relies primarily on voluntary tax-deductible contributions from corporations and individuals, and publications can be ordered by logging onto

About Intacct

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