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Focusing on finance [financial software]

Focusing on finance [financial software]

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Financial software is the black hole of enterprise IT always expanding, sucking-in functionality from the applications that are around it, extending its influence to customers, suppliers, and partners through the Internet and business-to-business infrastructures. Now this expansion is about to accelerate, propelled by a number off fundamental changes in the nature of business most notably its increasingly global and online nature along with its growing dependence on analysis as a steer to business strategy. This situation raises a dilemma for enterprises. On the one hand financial software platforms, along with other components of enterprise resource planning (ERP) such as customer relationship management have become a natural focal point for integration of information and business intelligence (BI).

http://iet.metastore.ingenta.com/content/journals/10.1049/et.2010.0711
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