Cloud Computing Drives Integration of HR and Finance Functions

Cloud Computing pic
Cloud Computing
Image: investopedia.com

Michael Marlowe is a well-established telecommunications advisor who’s experience ranges the spectrum of Columbus, OH companies between Fortune 500 and startups that have been included among Inc.’s 500 fastest-growing companies in the country. The areas in which Michael Marlowe has extensive experience as a Columbus, OH, executive range from fiber optics to cloud computing.

A recent Forbes article brought attention to the cloud’s increasing role in bringing together various enterprise functions, including those involved in finance, IT, and human capital management. In particular, an MIT survey identified the strategic necessity behind transitioning shared HR and finance systems to the cloud. Convergence is believed to drive performance and productivity gains, which in turn enables executives to focus on core revenue-generating activities.

A key component of cloud solutions centers on the use of common reporting tools, with technological skill requirements fostering critical and innovative thinking. According to the survey, areas such as workforce planning and budgeting can be more tightly interwoven in ways that make new insights and efficiencies possible. This enables continuous change and a clearer view of potential industry disruptions on the horizon.

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