Cloud accounting uptake lower than expected, survey finds
Only a quarter of CFOs are planning to move into cloud accounting in the next five years, according to a survey from chartered accountant firm William Buck.
The survey, which covered CFOs in Australia and New Zealand, painted a cautious picture of cloud adoption among the accountancy sector. 12% of firms currently use cloud accounting, with a huge 64% saying they’re not looking at moving into the cloud by 2018.
“While the cloud accounting media drum has been beating for some time, many CFOs are...