When On-Demand Financials Make Sense

Midsize companies, which Ventana Research categorizes as those that have 100 to 1,000 employees, face unique challenges. They are no longer small and nimble, and they need many of the same capabilities larger companies have. Yet they lack the resources (money and people) of big businesses. Too often, this leads to operational challenges. For example, they find the actions of the key parts of the business are not as well coordinated as they might be because people do not get enough of the right information soon enough, or their exposure to business or compliance risk has increased because their systems are designed for a much smaller company. Caught in this bind, they must find new or different ways of meeting their operational needs.

Tags: Financial Management, SaaS, On-Demand Financials

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