Jim Maholic, Business Value Services, Oracle, wrote about how to align ERP Cloud benefits with business drivers when building a business case for why your organization should implement ERP Cloud.

When building a business case for ERP Cloud, project managers should look beyond the standard ROI and TCO calculations that IT teams have historically relied on. One of the biggest challenges for project managers is thoroughly identifying all of the benefits of a proposed project and ascribing credible, tangible, financial and business value to those benefits. This is critical to a successful business case.

Lynne Sampson, Managing Editor of Oracle’s The Modern Finance Leader, wrote about how a gaming-entertainment company recently leveraged Oracle ERP Cloud and Oracle HCM Cloud to combat manual processes, customizations, and legacy systems that were preventing them from operating more efficiently and effectively.

Many companies are understandably cautious about investing in new technologies – particularly back-office systems that are critical to their operations. However, a new report from MIT Technology Review showed that after a decade of companies moving to Cloud applications, those that hesitate put themselves at greater risk than in the past. The old ways of staying current won’t be sufficient enough to compete with companies that are truly modernizing their operations and even creating new business models with Cloud applications. Oracle Vice Chairman Jeff Henley said that reluctant company leaders and boards must be sold on the strategic advantages of Cloud applications, not just on their cost benefits. Three companies – AirAsia, Sportable Scoreboards, and TrueBlue – leveraged Oracle Cloud applications (HCM, ERP, EPM) to future-proof operations.