Resources » Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises

Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises

The market for core financial management suites has been static for many years. However, over the last 12 to 18 months, cloud core financial management suites have matured to such an extent that they have disrupted this static market. This reflects the increasing prevalence of postmodern ERP strategies (see “Schrödinger’s Cat: How ERP Is Both Dead and Alive” ). Postmodern ERP is the deconstruction of suite-centric, monolithic, on-premises ERP deployments into loosely coupled applications, some of which can be domain suites (such as core financials or HCM) or smaller-footprint applications that are integrated as needed.