Oracle conference speaker explains how social, cloud transform CFO office

CFOs and finance departments are not known for their eagerness to adopt new technology, but that might be changing with the advent of social collaboration technology and cloud financials, according to Michael Fauscette, group vice president at IDC, a research firm based in Framingham, Mass.

In this video from the recent Oracle OpenWorld conference in San Francisco, Fauscette shares IDC findings on adoption of emerging cloud, social and mobile technologies among finance managers. He also offers advice on how to decide which technologies can do the most to improve business processes, such as the financial close.

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