• All
  • Cloud
    • Solutions
    • Virtualization
  • Data
    • Analytics
    • Big Data
  • Digital
    • Digital Marketing
    • Social Media Marketing
  • Finance
    • Cost Management
  • Human Resources
    • HR Solutions
    • Talent Management
  • IT Infra
    • App Management Solutions
    • Best Practices
    • Datacenter Solutions
    • Infra Solutions
    • Networking
    • Storage
    • Unified Communication
  • Mobility
  • Sales & Marketing
    • Customer Relationship Management
    • Sales Enablement
  • Security
  • Tech
    • Artificial Intelligence
    • Augmented Reality
    • Blockchain
    • Internet of Things
    • Machine Learning
    • Virtual Reality
Building a Successful Cloud Financial Management Practice

Building a Successful Cloud Financial Management Practice

VMware
Published by: Research Desk Released: Apr 05, 2020

Enterprises look to the public cloud to improve agility, gain more flexibility, and to innovate rapidly. However, this leaves organizations with the monumental task of aligning cloud spend to business initiatives and ensuring costs don’t spiral out of control. The processes for accomplishing these tasks in an on-premise world don’t translate well to the public cloud, where procurement, financial, operational, and strategic models are very different. As a result, leading organizations are adopting a new approach called Cloud Financial Management, one of the three key pillars that form the basis of a mature cloud strategy.