Research Finance in “the cloud” – technological transformation and the impact on research administration

The past years have brought significant technological transformation in the areas of financial processing and accounting, and shift towards “software as a service” as an IT-risk mitigation strategy. Two universities who have recently undergone a transformation of research accounting into cloud-based environments share why the cloud was selected, what benefit it has brought to the researchers, and an honest view of the challenges encountered through the planning, implementation and post go-live phases.