Globally expanding businesses have new needs and must face the challenges and demands of international markets. This is especially important for midsize companies, which require the ability to rapidly adapt to new markets. As businesses expand to international markets, accounting operations and systems must provide support for complex growth in international transactions. These demands mean changes or even replacements to entry-level based accounting systems, along with constant upgrades as needs change. But having a plethora of accounting applications can actually make managing finances more difficult. Consolidation of information is the key to success.
Oracle’s cloud-based enterprise resource planning (ERP) is a way for companies to access their financial resources over the Internet in one information cloud. Accessing a unified system of information, the cloud, is a way for companies to remain competitive without having to overhaul or upgrade entire financial systems time and again. Oracle’s ERP cloud application provides a sophisticated IT operational base to protect financial data, but also provides support network with back-up and recovery capabilities and multiple data residency locales to protect your data.
This white paper looks at how an ERP cloud can provide companies with the ability to grow financially as demand necessitates, without having to acquire new software. Learn how a cloud-based system can modernize your business, leveraging information for efficiency by giving access to standardized financial information across departments, as well as over multiple devices allowing for decisions to occur in real time.