Chief financial officers (CFOs) are often tasked with selecting the right financial management tools for the company, but many times –because of criteria from the finance and IT teams – they choose financial applications that are part of a larger software suite for ease of implementation, point solutions that integrate well with legacy systems, or software as a service (SaaS)/ cloud solutions that save costs. However, these options are not always cost effective, don’t guarantee performance, and can sometimes lead to data interoperability issues with on-premise systems.

This report explores one business software option that gives the CFO the ability to keep or change business applications without losing control or increasing the risk of non-compliance, regardless of how or where these applications are deployed.