Category Archives: Finance

Finance

What Is the Typical Organizational Structure of a Finance Department

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What Is the Relationship Between Corporate Finance and Corporate Governance

Cost Efficiency and Performance | Cloud Computing

In the past decade there have been various achievements for the IT world and amongst that Cloud Computing is a very important one. Cloud Computing has constantly evolved and has turned into an ultimate IT solution for any organizations computing needs.

With all the benefits that Cloud Computing offers to users the major ones being reduction in capital costs and improved efficiency it makes an organization very flexible. The USP of Cloud has always been cost savings for the organizations. It also reduces the organizations load of looking after maintenance and support activities. In addition to that it also allows the users to shift focus to more important business activities thereby increasing productivity.

Even though there have been various issues with the cloud initially but now more and more businesses are moving to the cloud and making use of the latest in technology to give their businesses a competitive edge over others. SMB’s have also embraced the cloud given the cost advantages it provides to the company. And large organizations that adopt cloud computing usually do so as way to transfer their not so important aspects of business to the cloud resulting cost reduction for the company.

The Cloud is used in various ways

Many people know cloud computing as a single solution. However, there are various ways to deploy a cloud solution based on an organizations requirements and budget. The Cloud is split into three delivery models viz. the Public Cloud, the Private Cloud and the Hybrid Cloud.

Many users adopt the Public Cloud model which is third party service often provided for a fee or rent for using the computing resources of the service provider. On the contrary, a Private Cloud is a set-up on the organization premises to be used exclusively by the business and partners only. It may be costly to deploy a private cloud but it has its own set of advantages as well including increased security and controlled access to data. A Hybrid Cloud on the other hand is combination the public and the private cloud. It makes possible use of both the cloud environments by shifting the work according to the needs.

With competition intensifying day by day it is necessary for businesses to switch to more modern and flexible IT solutions like Cloud Computing and reduce their dependence on traditional systems. However, it is also necessary to make a proper analysis of all the three models of Cloud computing before choosing anyone for the organization.

What Is Finance Industry Analysis

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What Is Finance Benchmarking

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What is a Short Refinance

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