CFOs, VPs, and other leaders are showing increased interest in using cloud applications: 76% of respondents to Oracle's 2018 ERP Trends survey said they have plans to run ERP in the cloud within the next two years.
What's behind this shift? The cost of keeping on-premises, legacy applications running has become unacceptable. As Oracle CEO Mark Hurd said at Collision 2018, "The bigger part of this movement to the cloud, which I think is an irresistible movement, is driven by the fact that customers can't afford to keep spending the money they're spending. They've got to go back to simple, go back to easy."
Some finance teams are packing light and taking small steps, putting a single process in the cloud. At the other end of the spectrum are end-to-end migrations, moving all finance applications and processes to the cloud. But how do you take that first step, and on which path? This two-part blog series will provide a five-step guide to a successful Oracle ERP Cloud implementation project.