The Telegraph Media Group (TMG) has announced its selection of FinancialForce.com a cloud based accounting service to use to automate some of its departmental financial processes.
Our View: There are several interesting points about this:
- TMG was an early adopter of Google apps over MS Office and Google’s mail services over Exchange, partly a decision based on cost. This move not only continues with a service based strategy but also implies that what went before must have been successful.
- The financial service will apparently integrate with a more traditionally provisioned ERP system. If this is correct then it should provide a significant amount of comfort to those still worried about where critical systems and data resides.
- A company of this standing integrating cloud services with traditional systems is a good indication of the growing acceptance and use of this service based technology.