Budgeting in the Cloud
More companies are moving budgeting and planning to the cloud as they learn about the value of a hosted BPM/CPM solution and look to realize its many benefits. This is especially true for small and midsize businesses who can now get the same functionality as large businesses easily and affordably.
According to the 2015 BPM Pulse Survey, 26% are already using a cloud-based BPM application.
Benefits of Moving to the Cloud include:
- Reduced upfront costs
- Ability to scale up quickly
- Faster time to value
- Lighter impact
When it comes to cloud technology solutions, small and midsize businesses are focused on security and protecting their data. According to Forrester, 49% need help navigating security concerns around cloud and virtualization.
Altius helps organizations navigate the realities of cloud security and the benefits of leveraging enterprise-grade security in cloud offerings like Microsoft Azure. The Altius Business Performance Management solution, Flex Planning is available to customers both on-premise and in the cloud. All of the reporting, collaboration, and workflow and security controls are available in the cloud version of Flex Planning.
For companies not quite ready to make the full transition to a cloud budgeting solution, hybrid solutions are a great alternative. With a hybrid cloud solution, companies can leverage existing on-premise investments and move to the cloud at their own pace.
Let Altius help begin your roadmap to the cloud. Contact us for a complimentary Cloud Readiness Assessment to evaluate your organization’s existing cloud capabilities and build a roadmap designed to lead you to a full BPM solution in the cloud.
With your Cloud Roadmap, you can easily understand the technology necessary to reach your goals and create a plan of action for moving budgeting and planning activities to the cloud. Get started today!