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Cloud Financial Planning and Analysis Solutions: Why Choose Them?

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In the most basic sense, cloud computing is using the internet based applications to provide solutions or solve problems rather than having physical infrastructure in your office, personalized for your use.  But, the question is, how does this help you?  If you are into providing or using financial planning solutions, why should you choose cloud financial planning and analysis solutions rather than the conventional options?  This is primarily because of the numerous advantages the cloud computing model brings along.  Advantages of Using Cloud Financial Planning and Analysis Solutions No Upfront Investment  Cloud based solutions use an on-the-go pay model. You don’t need to “own” anything. You subscribe to a web-based solution, and you are sorted. You don’t need any customized hardware or software.  No Maintenance Requirements       Using software as a service saves you from hiring any in-house maintenance personnel. All the maintenance costs are borne by the service provider. You get