Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

August 22, 2014

Maximizing Your Financial Cloud Integrations

Posted by Dave Burlington

Cloud Integration: Clearing the ConfusionCloud solutions have the advantage of being built from the ground-up with open API’s designed specifically for integration. This is a key enabler to implementing best-of-breed solutions that can be orchestrated to support your business needs but it requires more than just basic data integration. In order to enable world class business processes, financial Cloud integrations must incorporate rich business semantics. Having rich, configurable, pre-built integrations between systems allows for much quicker, durable and robust implementations.

For instance, when integrating your core financials to you budgeting and planning system, the following considerations need to be taken into account:

  • What dimensions/attributes are you using in your core financial systems? How will those be including in your budgeting and forecasting?
  • At what level of financial detail do you want to use in your budgeting and planning process?
  • How is your planning done? How many different models are you using and how do they relate to each other?
  • How do you want to map your financial data to your planning and budgeting model?
  • How should budgets and plans be reflected in your core financial systems to support closed-loop planning?
  • What is your budgeting and planning frequency?

Armanino’s Integration Packs provide solutions that address questions such as these, and are easily tailored to each customers unique needs. Leveraging Armanino’s years of financial Cloud integration experience and IP provides a “quick start” to a world class implementation, and ensures you systems will work together going-forward.

Experience top-notch financial Cloud integrations and see what’s available to help your team in Armanino’s integration marketplace.

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