5 Insights to KeepYour Finance and HR Initiatives On Time and Under Budget

The move to the cloud ushers in both a digital and a cultural transformation within your organization. Achieving success in the cloud requires that your organization consider the impact the cloud will have on your people, processes, and organizational structure.

IMPORTANCE OF COLLABORATION FOR CLOUD TRANSFORMATION

Organizations have discovered that close collaboration between finance and HR can help ease the transition to the cloud. Leveraging Finance and HR during the Cloud Transformation
helps drive success because it couples two of an organization’s most powerful assets: people and money.
As in any transformation, there are challenges to overcome. For example, Finance and HR tend to
have different perspectives: Finance values hard metrics and views people as a cost, whereas HR
tends to focus on soft metrics and views people as an asset. By combining these distinct
perspectives, organizations find that they improve both functions.
Almost half (46%) of survey respondents report that collaboration between Finance and HR
professionals has significantly improved, and 52% say that the relationship between IT, HR, and
Finance is even better than expected.

Based on survey data leveraged from Finance and HR: The Cloud’s New Power Partnership, this guide
identifies five proven tactics to smooth the transition to the cloud:

Following this methodology, your organization can anticipate and avoid problems—both technological
and cultural—that can put your cloud migration project at risk.

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