Financial Flops: 5 Reasons Solution Providers Lose Money In The Cloud

No Control Over Budget

Van der Zweep said the advent of shadow IT is taking some budgetary control away from the CFO and is making it hard for businesses to keep track of cloud costs. All that the CFO sees is a credit card statement, he said, which doesn't separate usage from other business costs. He said it is important for companies to use software to help track shadow IT to prevent budget overruns.

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