Title :
Towards Financial Planning as a Service
Author :
Martin, Jochen ; Caton, Simon ; Conte, Tobias ; Weinhardt, Christof
Author_Institution :
Res. Center for Inf. Technol. (FZI), Karlsruhe, Germany
Abstract :
The financial crisis has recalled the importance of proper financial planning. Companies which are organized as a multitude of legal entities are in particular affected by planning irregularities. To optimize the financial planning process and to cope with the challenges, we propose our service model "Financial Planning as a Service" (FiPlaaS). This approach allows companies to redesign their planning processes according to SOA principles and to achieve substantial improvements in performance.
Keywords :
financial management; planning; service-oriented architecture; FiPlaaS; SOA; financial crisis; financial planning as a service; financial planning process; Cloud computing; Companies; Financial management; Information systems; Monitoring; Planning;
Conference_Titel :
Services Computing (SCC), 2011 IEEE International Conference on
Conference_Location :
Washington, DC
Print_ISBN :
978-1-4577-0863-3
Electronic_ISBN :
978-0-7695-4462-5
DOI :
10.1109/SCC.2011.64
