“Although we are not seeing a wholesale migration of core ERP [enterprise resource planning] financial applications to the cloud, we are witnessing CFOs dipping their toes in the water by trying out bolt-on financial applications for specific processes, such as supplier statement reconciliation.”

ComputerWeekly.com discusses how CFOs in Europe are recognising the benefits that cloud-based financial applications bring in terms of reduced costs and improved efficiency, and includes insight from Statement-Matching.com in its article Financial applications are on a journey to the cloud.

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