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Gartner Critical Capabilities 2018

June 5, 2018

Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises


The adoption of cloud core financial management suites continues to increase rapidly, but their suitability for an organization's needs varies considerably. This research will help application leaders to assess vendor solutions based on their specific use cases.

Overview

Key Findings
  • The competitive environment for cloud core financial management suites has intensified since 2017, driven by increased adoption, especially among services-centric organizations.
  • Even if vendors are rated as Leaders in the companion Magic Quadrant, it does not necessarily make them right for your business, and may even compromise your success.
  • Product functionality is the most important decision factor in cloud core financial management suite evaluations, according to survey respondents, with a vendor roadmap a key ingredient for success.
  • System integrators and resellers may not always be up to speed on the latest version of the cloud software, and this could present an issue when optimizing your implementation.
Recommendations

For application leaders responsible for modernizing finance and procurement applications:

 

Download this Gartner report to read more.

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