Cloud Computing & The Finance Function

Published On:
October 30, 2020
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Cloud computing allows users to access and use shared data and computing services via the Internet or a Virtual Private Network (VPN). Using the cloud means storing and accessing computing capabilities over the Internet instead of with your computer’s hard drive or local servers.

Based on APQC’s Open Standards Benchmarking® (OSB) research in financial management, this infographic looks at the usage of cloud computing by the finance function, key benefits, and challenges of implementation.