SaaS EPM software is part of this growth, seeing rapid adoption now. With SaaS EPM software, businesses can get the financial management tools they need quickly, more affordably, and less reliance on IT. Plus, it's upgraded regularly, with no disruption to the business, so that businesses always have access to the most current and powerful features.
Host Analytics recently sponsored a webinar in which customer Rick Odom,
Not too long ago, the only option for the enterprise needing EPM software or a similar application to manage their business finances had little choice apart from an expensive on-premises solution. Over the past five years, that has changed. Now more businesses are leveraging the more affordable and agile SaaS and Cloud-Based EPM products.
But with the disruption digital brings, there are many distinct advantages, as well. In the realm of finance, digital technologies are used to improve the growth and profitability of the business, moving away from the old batch processing into real-time analytical capabilities. Furthermore, as aspects of finance like forecasting are made easier by new digital technologies, the business can take advantage of more advanced capabilities such as predictive analytics. Then