Cloud, Business, and Finance in 2015: The New Reality

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Cloud, Business, and Finance:

Managing CFO Concerns, Priorities, and

Gains

• Understand how, where, and why Finance leaders and

organizations are considering and adopting Cloud-based

solutions’

• Understand the realistic, typical pace – and complexities - of

Cloud adoption and use in Finance organizations worldwide

• Identify opportunities to better leverage Cloud for Finance

management and improvement

• Define and plan a Cloud strategy for Finance and your

company

After attending this event you will be able to:

Learning Objectives

Proformative Event Notes

• Presentation and recording links emailed within 24 hrs.

The PPT is already posted at the event’s landing page.

• CPE: Answer all polling questions and remain for the

duration. CPE Credits awarded in 24 hours.

– Questions on CPE? Email [email protected].

• We want to hear from you! Ask questions for the Q&A

session at the end of the event.

• Please take the short survey at the end of the webinar.

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Welcome to Proformative

“Proformative is the leading professional development resource for every member of the Office of the CFO”

If you want to learn more: Tell us on your survey!

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Cloud, Business, and Finance:

Managing CFO Concerns, Priorities, and

GainsBruce Guptill, Research Fellow, Saugatuck Technology

CFO Unhappiness Abounds:

Finance Systems’ General Status, YE 2014

We recently upgraded/replaced

systems, 17%

We’re happy with our systems; no

changes planned, 23%

We are unhappy with systems but

have no budget to replace, 5%

We’re planning to replace systems

(next 12-24 months), 17%

We are planning to replace systems

(next 6-12 months), 15%

We’re currently evaluating options

to replace systems, 21%

Source: Saugatuck Technology Inc., 4Q2014 global survey. N = 162 CFOs

>50% of CFOs

report active or

planned Finance

system replacement

Why Cloud? Typical Cloud Finance

Benefits Expected

“The Generics” – table stakes that should be required:

• Relatively rapid speed of deployment

• Access & Availability

• Scalability

• Improved integration/data availability & management

• Low/reduced cost per user vs traditional systems

• Low/reduced maintenance costs vs traditional systems

But wait, there’s more...

...specific to Finance improvement

Why Cloud?

What CFOs Must Accomplish Today

51%

52%

62%

68%

70%

70%

78%

81%

91%

0% 20% 40% 60% 80% 100%

Managing shareholder information / relations

Processing transactions

Drive continuous enterprise cost reduction

Improve revenue growth opportunity identification / tracking

Managing / mitigate business risk

Managing compliance / internal controls

Providing input for strategic decision making

Monitoring / measuring performance

Effective planning, budgeting and forecasting

Percentage of Finance leaders selecting "Extremely Important" or "Very Important"

Please indicate the level of importance that each of the following priorities and responsibilities have in your organization today.

Source: Saugatuck Technology Inc., 4Q2014 global survey. N = 162 CFOs

Why Cloud?

What CFOs Can Accomplish Today

34%

57%

28%

31%

31%

46%

29%

41%

38%

0% 20% 40% 60% 80% 100%

Managing shareholder information / relations

Processing transactions

Drive continuous enterprise cost reduction

Improve revenue growth opportunity identification / tracking

Managing / mitigate business risk

Managing compliance / internal controls

Providing input for strategic decision making

Monitoring / measuring performance

Effective planning, budgeting and forecasting

Percentage of Finance leaders selecting "Extremely Effective" or "Very Effective"

Please indicate how effective your current Financial Management System(s) are at helping your organization address each of the following priorities and responsibilities.

On average, about

2/3 of CFOs see

existing systems

as less than

acceptable in

satisfying Finance

management

priorities

Source: Saugatuck Technology Inc., 4Q2014 global survey. N = 162 CFOs

Core Cloud Benefit:

Closing the Effectiveness Gaps

0% 20% 40% 60% 80% 100%

Managing shareholder information / relations

Processing transactions

Drive continuous enterprise cost reduction

Improve revenue growth opportunity identification / tracking

Managing / mitigate business risk

Managing compliance / internal controls

Providing input for strategic decision making

Monitoring / measuring performance

Effective planning, budgeting and forecasting

The "Effectiveness Gaps" Between Finance Priorities and System Effectiveness

Relative Priority Relative System Effectiveness

Gaps =

Qualified

areas of

measurable

benefit,

readily

addressable

by Cloud

Source: Saugatuck Technology Inc., 4Q2014 global survey. N = 162 CFOs

Polling Question

Thank you for your interest in this presentation.

View the on-demand webinar or download the full

presentation at:

www.Proformative.com

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