In recent years line-of-business applications including accounting, human resources, manufacturing, sales and customer service have appeared in the cloud. Cloud -based software as a service (SaaS) has replaced on-premises applications that were previously part of ERP and CRM environments. They have helped companies become more efficient but have also introduced interoperability challenges between business processes. Their advantage is that cloud software can be rented, configured and used within a day or week. The disadvantage is that they don’t always connect with one another seamlessly, as they used to and when managed by a third party there is limited connectivity to integrate them.
Topics: Business Analytics, Business Performance Management (BPM), CFO, CIO, Cloud Computing, Customer Service, ERP, Financial Performance Management (FPM), Operational Performance Management (OPM), Order Management, Sales Performance Management (SPM), SFA, Supply Chain Performance Management (SCPM), Office of Finance