{"id":999979204,"date":"2025-11-14T18:20:43","date_gmt":"2025-11-14T11:20:43","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999979204"},"modified":"2026-06-09T13:36:20","modified_gmt":"2026-06-09T06:36:20","slug":"compare-traditional-epm-and-cloud-epm","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/","title":{"rendered":"Comparing Traditional On-premise EPM and Cloud EPM in Enterprise Performance Management"},"content":{"rendered":"<p>As businesses increasingly rely on data to plan, forecast, and measure performance, Enterprise Performance Management (EPM) systems have become an important foundation for CFOs and FP&amp;A to make quick and accurate decisions. However, not all EPM systems are the same. The two most popular models today are <b>Traditional EPM (on-premise)<\/b> and <b>Cloud EPM<\/b> Understanding the differences between them helps businesses choose the optimal solution in terms of cost, performance, flexibility and future scalability.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Xu_huong_chuyen_doi_tu_EPM_truyen_thong_sang_Cloud_EPM\" >The trend of converting from traditional EPM to Cloud EPM<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_EPM_la_gi_va_vai_tro_trong_doanh_nghiep_hien_dai\" >1. What is EPM and its role in modern business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_Phan_loai_EPM_theo_mo_hinh_trien_khai\" >2. EPM classification by deployment model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Xu_huong_chuyen_doi_sang_Cloud_EPM\" >3. The trend of switching to Cloud EPM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#EPM_truyen_thong_on-premise_EPM_la_gi_Uu_diem_va_han_che\" >What is traditional EPM (on-premise EPM)? Advantages and limitations<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_Cach_hoat_dong_cua_EPM_truyen_thong\" >1. How traditional EPM works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_Uu_diem_cua_mo_hinh_on-premise\" >2. Advantages of the on-premise model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Han_che_cua_EPM_truyen_thong\" >3. Limitations of Traditional EPM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Cloud_EPM_la_gi_Giai_phap_quan_tri_hieu_suat_hien_dai\" >What is Cloud EPM? Modern performance management solution<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_Cloud_EPM_la_gi_va_cach_hoat_dong\" >1. What is Cloud EPM and how does it work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_Uu_diem_noi_bat_cua_Cloud_EPM\" >2. Outstanding advantages of Cloud EPM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Thach_thuc_khi_dung_Cloud_EPM\" >3. Challenges when using Cloud EPM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#So_sanh_chi_tiet_on-premise_EPM_truyen_thong_va_Cloud_EPM\" >Detailed comparison of traditional on-premise EPM and Cloud EPM<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_So_sanh_theo_mo_hinh_trien_khai_va_chi_phi\" >1. Comparison by deployment model and cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_So_sanh_hieu_suat_va_do_linh_hoat\" >2. Compare performance and flexibility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_So_sanh_kha_nang_tich_hop_va_mo_rong\" >3. Compare integration and expansion capabilities<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Mo_hinh_EPM_nao_tiet_kiem_va_an_toan_hon\" >Which EPM model is more economical and secure?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_Cau_truc_chi_phi_tong_so_huu_TCO\" >1. Total cost of ownership (TCO) structure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_ROI_cua_Cloud_EPM\" >2. ROI of Cloud EPM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Bao_mat_va_tuan_thu_du_lieu_trong_Cloud_EPM\" >3. Data Security and Compliance in Cloud EPM<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Loi_ich_chuyen_doi_tu_EPM_truyen_thong_sang_Cloud_EPM\" >Benefits of Migrating from Traditional EPM to Cloud EPM<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_Tang_toc_quy_trinh_lap_ke_hoach_ngan_sach_va_du_bao\" >1. Speed up planning, budgeting, and forecasting processes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_Tang_kha_nang_cong_tac_va_ra_quyet_dinh\" >2. Increase collaboration and decision-making capabilities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Ho_tro_chien_luoc_so_hoa_tai_chinh\" >3. Support financial digitalization strategy<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Cach_chon_mo_hinh_EPM_phu_hop_cho_doanh_nghiep\" >How to choose the right EPM model for your business<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#1_Khi_nao_nen_chon_on-premise_EPM\" >1. When to choose on-premise EPM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#2_Khi_nao_nen_chon_Cloud_EPM\" >2. When to choose Cloud EPM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#3_Giai_phap_hybrid_EPM_%E2%80%93_lua_chon_trung_gian\" >3. Hybrid EPM solution \u2013 the middle ground<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/bizzi.vn\/en\/compare-traditional-epm-and-cloud-epm\/#Cloud_EPM_%E2%80%93_tuong_lai_cua_quan_tri_hieu_suat_doanh_nghiep\" >Cloud EPM \u2013 the future of enterprise performance management<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Xu_huong_chuyen_doi_tu_EPM_truyen_thong_sang_Cloud_EPM\"><\/span><span id=\"h.9f80lik9jxt8\"> <b>The trend of converting from traditional EPM to Cloud EPM<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For comparison <i>Traditional EPM and Cloud EPM<\/i> To fully understand, it is necessary to first understand what EPM is, its role in modern enterprises and why the Cloud EPM model is increasingly dominant. This is the foundation for enterprises to consider strategies to transform their performance management systems.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_EPM_la_gi_va_vai_tro_trong_doanh_nghiep_hien_dai\"><\/span><span id=\"h.irtlt58cbx8v\"> <b>1. What is EPM and its role in modern business?<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EPM (Enterprise Performance Management) is an enterprise performance management system used for planning, forecasting, budgeting, financial consolidation and performance evaluation. It is a platform that helps businesses operate based on data with core functions:<\/p>\n<ul>\n<li>Planning and budgeting: planning and budgeting for the entire business<\/li>\n<li>Forecasting: forecasting revenue, costs, cash flow, profits<\/li>\n<li>Financial consolidation: consolidate financial reports from multiple entities<\/li>\n<li>Reporting and analytics: performance reporting and gap analysis<\/li>\n<\/ul>\n<p>In modern business, EPM plays a role as <b>\u201cfinancial brain\u201d<\/b> , connecting data from ERP, CRM, BI and operational systems to help CFO and FP&amp;A have a holistic view and make timely decisions.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-999979176 size-full aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/Enterprise-Performance-Management-System-2-1024x651-1.jpg\" alt=\"\" width=\"1024\" height=\"651\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/Enterprise-Performance-Management-System-2-1024x651-1.jpg 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/Enterprise-Performance-Management-System-2-1024x651-1-300x191.jpg 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/Enterprise-Performance-Management-System-2-1024x651-1-768x488.jpg 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/11\/Enterprise-Performance-Management-System-2-1024x651-1-18x12.jpg 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Phan_loai_EPM_theo_mo_hinh_trien_khai\"><\/span><span id=\"h.iwnccns9ibp0\"> <b>2. EPM classification by deployment model<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When talking about <i>On-Premise EPM vs Cloud EPM<\/i>, are essentially two different implementations of the same type of system. Each model carries a different operating philosophy and cost structure.<\/p>\n<p>The two main types are:<\/p>\n<p><b>Traditional EPM (on-premise)<\/b><\/p>\n<ul>\n<li>Installed at the enterprise data center<\/li>\n<li>Dependent on internal infrastructure<\/li>\n<li>Need IT team to maintain, service and backup<\/li>\n<\/ul>\n<p><b>Cloud EPM<\/b><\/p>\n<ul>\n<li>Deploy as SaaS or PaaS<\/li>\n<li>No installation required, cloud-based operation<\/li>\n<li>Automatic updates and faster API integration<\/li>\n<\/ul>\n<p>These differences affect cost, deployment speed, scalability, security, and user experience \u2013 factors that are important when comparing cloud EPM with traditional EPM.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Xu_huong_chuyen_doi_sang_Cloud_EPM\"><\/span><span id=\"h.o25qo0zij9kr\"> <b>3. The trend of switching to Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the past 5\u201310 years, the trend of switching from traditional EPM to Cloud EPM has been strong globally. The reason lies not only in cost, but also in the ability to meet the new requirements of modern finance: fast, flexible, real-time and integrated.<\/p>\n<p>Some key drivers:<\/p>\n<ul>\n<li>Businesses move from CapEx (capital investment) to OpEx (operating expenses)<\/li>\n<li>The demand for rolling forecasts, scenario planning, and what-if analysis is growing rapidly.<\/li>\n<li>Applying AI and machine learning in forecasting and analyzing discrepancies<\/li>\n<li>The remote, hybrid work model requires systems that can be accessed anywhere<\/li>\n<\/ul>\n<p>Major vendors in the Cloud EPM sector include: Oracle EPM Cloud, SAP Analytics Cloud, Workday Adaptive Planning, Anaplan\u2026<\/p>\n<h2><span class=\"ez-toc-section\" id=\"EPM_truyen_thong_on-premise_EPM_la_gi_Uu_diem_va_han_che\"><\/span><span id=\"h.kw3v7lif6uxo\"> <b>What is traditional EPM (on-premise EPM)? Advantages and limitations<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding to move to Cloud EPM, many businesses are still using traditional EPM and are wondering if it is the right time to change. Understanding how on-premise EPM works, its advantages and limitations will help to visualize the overall picture.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Cach_hoat_dong_cua_EPM_truyen_thong\"><\/span><span id=\"h.650wxtnpcyp2\"> <b>1. How traditional EPM works<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Traditional EPM is installed directly on the enterprise&#039;s internal infrastructure:<\/p>\n<ul>\n<li>Software runs on a server located in the office or private data center<\/li>\n<li>The IT team is responsible for installation, configuration, maintenance and upgrades<\/li>\n<li>Backup, security, and resource management are all in the hands of the business.<\/li>\n<\/ul>\n<p>This model is quite popular with corporations that have invested in infrastructure early or in the context of underdeveloped Cloud, so <i>Traditional epm and cloud epm<\/i> coexist in many organizations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Uu_diem_cua_mo_hinh_on-premise\"><\/span><span id=\"h.6depslc22c2h\"> <b>2. Advantages of the on-premise model<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Although it is gradually giving way to Cloud EPM, on-premise EPM still has certain advantages, especially in industries with strict security requirements:<\/p>\n<ul>\n<li>Control all data within the internal system<\/li>\n<li>Deep customization possible for specific processes and logic<\/li>\n<li>Suitable for organizations with internal regulations that do not allow cloud use<\/li>\n<\/ul>\n<p>For some large enterprises, this model is still maintained because of heavy investment in infrastructure and people.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Han_che_cua_EPM_truyen_thong\"><\/span><span id=\"h.4xtus6ig57cy\"> <b>3. Limitations of Traditional EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>However, the self-operating model itself creates many bottlenecks:<\/p>\n<ul>\n<li>Difficult to scale when data and users grow rapidly<\/li>\n<li>Software upgrades are expensive and complicated.<\/li>\n<li>Need a strong IT team, large personnel costs<\/li>\n<li>Limited remote access and flexible working support<\/li>\n<li>Not suitable for real-time forecasting or rapid deployment requirements<\/li>\n<\/ul>\n<p>This is why when comparing cloud EPM with traditional EPM, CFOs often lean towards Cloud EPM if they want to optimize costs and speed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cloud_EPM_la_gi_Giai_phap_quan_tri_hieu_suat_hien_dai\"><\/span><span id=\"h.p3vfckrzo7f0\"> <b>What is Cloud EPM? Modern performance management solution<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If on-premise EPM represents the old generation, then Cloud EPM is the typical face of the new generation \u2013 where EPM is associated with cloud, automation and real-time analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Cloud_EPM_la_gi_va_cach_hoat_dong\"><\/span><span id=\"h.jqdtl8jmzql7\"> <b>1. What is Cloud EPM and how does it work?<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud EPM is a version of EPM deployed on a cloud platform:<\/p>\n<ul>\n<li>Users only need a web browser to access<\/li>\n<li>The vendor is responsible for operation, updates, and maintenance.<\/li>\n<li>Businesses do not need to invest in separate servers, storage, or networks for EPM.<\/li>\n<\/ul>\n<p>All EPM data and models are centrally managed and can be integrated with ERP, CRM, BI and other systems via API or data synchronization mechanism.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Uu_diem_noi_bat_cua_Cloud_EPM\"><\/span><span id=\"h.f2pwf0g7x2b8\"> <b>2. Outstanding advantages of Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When comparing cloud EPM with on-premise EPM, the advantages of cloud are often clear:<\/p>\n<ul>\n<li>Flexible expenses (OpEx), pay monthly or annually<\/li>\n<li>No initial CapEx investment required for infrastructure<\/li>\n<li>Automatic update, no need to worry about manual upgrade<\/li>\n<li>Scalability on demand, not limited by internal servers<\/li>\n<li>Access anytime, anywhere, support remote working, multiple devices<\/li>\n<li>Easy integration with existing systems<\/li>\n<\/ul>\n<p>Cloud EPM helps FP&amp;A teams and CFOs focus on modeling, analytics, and decision-making, rather than worrying about technical issues.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Thach_thuc_khi_dung_Cloud_EPM\"><\/span><span id=\"h.kaavv7dicj9d\"> <b>3. Challenges when using Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Despite its many advantages, Cloud EPM also presents some challenges that businesses need to consider:<\/p>\n<ul>\n<li>Concerns about data security when uploading to the cloud<\/li>\n<li>Depends on stable internet connection<\/li>\n<li>Requires thorough vendor assessment of security certifications and industry compliance capabilities<\/li>\n<li>Some businesses want to keep highly sensitive data on-premise, leading to the need for hybrid EPM.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"So_sanh_chi_tiet_on-premise_EPM_truyen_thong_va_Cloud_EPM\"><\/span><b>Detailed comparison of traditional on-premise EPM and Cloud EPM<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To answer the question completely <i>On premise epm vs cloud epm which one should you choose?<\/i>, it is necessary to weigh the two models against specific criteria: deployment, cost, security, integration, and performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_So_sanh_theo_mo_hinh_trien_khai_va_chi_phi\"><\/span><span id=\"h.3m20mc3yprfu\"> <b>1. Comparison by deployment model and cost<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The table below summarizes the comparison of cloud EPM with on-premise EPM across important dimensions:<\/p>\n<table>\n<thead>\n<tr>\n<th><b>Criteria<\/b><\/th>\n<th><b>On-premise EPM<\/b><\/th>\n<th><b>Cloud EPM<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Deployment model<\/td>\n<td>Internal installation, using private server<\/td>\n<td>SaaS\/PaaS on cloud platform<\/td>\n<\/tr>\n<tr>\n<td>Expense<\/td>\n<td>High CapEx (server, license, infrastructure)<\/td>\n<td>Flexible OpEx (subscription)<\/td>\n<\/tr>\n<tr>\n<td>Update<\/td>\n<td>Manual, by version<\/td>\n<td>Automatic, continuous<\/td>\n<\/tr>\n<tr>\n<td>Infrastructure<\/td>\n<td>Self-operated business<\/td>\n<td>Vendor is responsible<\/td>\n<\/tr>\n<tr>\n<td>Implementation time<\/td>\n<td>6\u201312 months<\/td>\n<td>2\u20133 months<\/td>\n<\/tr>\n<tr>\n<td>Complexity<\/td>\n<td>High, multi-stakeholder<\/td>\n<td>Lower, configuration is key<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Looking at the table, it can be seen that Cloud EPM is suitable for businesses that want to deploy quickly, control costs well and reduce the load on IT.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_So_sanh_hieu_suat_va_do_linh_hoat\"><\/span><span id=\"h.252kh1eh85oo\"> <b>2. Compare performance and flexibility<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Aside from cost, when comparing cloud EPM with traditional EPM, performance and flexibility are two very important factors:<\/p>\n<ul>\n<li>Cloud EPM is often optimized according to the vendor&#039;s cloud infrastructure, allowing for more data to be processed in less time.<\/li>\n<li>Ability to run multiple scenarios in parallel, better support for rolling forecasts<\/li>\n<li>Easily increase the number of users, units, and reporting contexts without manually upgrading the server<\/li>\n<\/ul>\n<p>Meanwhile, on-premise EPM will soon reach its limits as data and analytics requirements increase.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_So_sanh_kha_nang_tich_hop_va_mo_rong\"><\/span><span id=\"h.nt2ba7l93219\"> <b>3. Compare integration and expansion capabilities<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A modern EPM system needs to live with the enterprise&#039;s data ecosystem, including ERP, CRM, BI, data warehouse, etc. Cloud EPM has clear advantages:<\/p>\n<ul>\n<li>Integration via API, available connectors<\/li>\n<li>Supports modern connection standards<\/li>\n<li>Easy to extend to many other systems without rewriting the whole thing<\/li>\n<\/ul>\n<p>On-premise EPM usually:<\/p>\n<ul>\n<li>Must rely on IT team to develop custom integrations<\/li>\n<li>Time consuming testing and deployment<\/li>\n<li>Difficult to maintain as the system becomes more complex<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Mo_hinh_EPM_nao_tiet_kiem_va_an_toan_hon\"><\/span><span id=\"h.12yac5lki0ts\"> <b>Which EPM model is more economical and secure?<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When considering <i>Traditional epm and cloud epm<\/i>, CFOs often ask two questions: \u201cWhat is the total cost of ownership (TCO)?\u201d and \u201cIs security assured?\u201d. This section focuses on answering those two questions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Cau_truc_chi_phi_tong_so_huu_TCO\"><\/span><span id=\"h.ipwixxy4h5o9\"> <b>1. Total cost of ownership (TCO) structure<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With on-premise EPM, the cost is not just the software license but also includes:<\/p>\n<ul>\n<li>Buy server, storage, network<\/li>\n<li>Invest in backup systems, physical and network security<\/li>\n<li>Recruit, train and maintain IT team<\/li>\n<li>Periodic upgrade costs<\/li>\n<\/ul>\n<p>With Cloud EPM, costs are often simpler:<\/p>\n<ul>\n<li>Pay monthly\/yearly, by number of users or modules<\/li>\n<li>No server purchase, no infrastructure maintenance worries<\/li>\n<li>IT focuses on configuration and rights management, not on \u201chugging\u201d the system.<\/li>\n<\/ul>\n<p>As a result, the total cost of ownership of Cloud EPM is often significantly lower in the medium and long term.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_ROI_cua_Cloud_EPM\"><\/span><span id=\"h.xrjl6fec54rw\"> <b>2. ROI of Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud EPM helps shorten the time:<\/p>\n<ul>\n<li>Deployment<\/li>\n<li>Planning<\/li>\n<li>Close forecast<\/li>\n<li>Prepare management reports<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3_Bao_mat_va_tuan_thu_du_lieu_trong_Cloud_EPM\"><\/span><span id=\"h.xjlu92m99c6v\"> <b>3. Data Security and Compliance in Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In terms of security, many Cloud EPMs today meet higher standards than most home-built systems:<\/p>\n<ul>\n<li>ISO 27001, SOC 2, GDPR certification<\/li>\n<li>Encrypt data at rest and in transmission<\/li>\n<li>Multi-factor authentication<\/li>\n<li>Backup and disaster recovery system according to international standards<\/li>\n<\/ul>\n<p>Businesses still need to carefully evaluate vendors, but they can no longer assume that \u201con-premise is safer than cloud\u201d as before.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Loi_ich_chuyen_doi_tu_EPM_truyen_thong_sang_Cloud_EPM\"><\/span><span id=\"h.w44igkv02j5v\"> <b>Benefits of Migrating from Traditional EPM to Cloud EPM<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When you understand clearly <i>On Premise EPM vs Cloud EPM<\/i>, the next question is: \u201cIf switching to Cloud EPM, what benefits does the business get in practice?\u201d.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Tang_toc_quy_trinh_lap_ke_hoach_ngan_sach_va_du_bao\"><\/span><span id=\"h.sm4cnds5sr2w\"> <b>1. Speed up planning, budgeting, and forecasting processes<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud EPM helps:<\/p>\n<ul>\n<li>Automatically collect data from ERP, CRM, operating systems<\/li>\n<li>Shorten planning and forecasting cycles<\/li>\n<li>Support continuous rolling forecast instead of static budget<\/li>\n<\/ul>\n<p>This helps businesses respond more quickly to market fluctuations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Tang_kha_nang_cong_tac_va_ra_quyet_dinh\"><\/span><span id=\"h.xbsfi9r8ymsm\"> <b>2. Increase collaboration and decision-making capabilities<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When all departments work on the same EPM platform:<\/p>\n<ul>\n<li>Everyone sees the same set of data<\/li>\n<li>Reduce debate over data discrepancies<\/li>\n<li>CFO, CEO, FP&amp;A, sales, supply chain can discuss on the same dashboard<\/li>\n<\/ul>\n<p>This is a good platform to improve the quality of management meetings and decision making.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Ho_tro_chien_luoc_so_hoa_tai_chinh\"><\/span><span id=\"h.hcpruvllb2xk\"> <b>3. Support financial digitalization strategy<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud EPM is more than just software, it is a central piece in a digital finance strategy:<\/p>\n<ul>\n<li>Connect to RPA, BI, data lake<\/li>\n<li>Advanced analytics support<\/li>\n<li>Create a platform to test new forecasting models<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Cach_chon_mo_hinh_EPM_phu_hop_cho_doanh_nghiep\"><\/span><span id=\"h.83dpjx8dkhjj\"> <b>How to choose the right EPM model for your business<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Not every business needs or is a good fit for Cloud EPM right away. Choosing between <i>Traditional epm and cloud epm<\/i> need to be based on the specific context.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Khi_nao_nen_chon_on-premise_EPM\"><\/span><span id=\"h.ti3qr1c4c3t\"> <b>1. When to choose on-premise EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On-premise EPM is still the right choice if:<\/p>\n<ul>\n<li>Businesses in industries with legal requirements requiring internal data storage<\/li>\n<li>The current system has invested heavily in on-premise infrastructure.<\/li>\n<li>The IT team is strong enough and capable of maintaining the system long term.<\/li>\n<\/ul>\n<p>However, businesses should still periodically evaluate to see when it makes sense to transition to Cloud EPM.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Khi_nao_nen_chon_Cloud_EPM\"><\/span><span id=\"h.pqd4tpjwrtm\"> <b>2. When to choose Cloud EPM<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cloud EPM is a good choice if:<\/p>\n<ul>\n<li>Medium and large businesses want to accelerate planning and forecasting<\/li>\n<li>Want to reduce dependence on IT<\/li>\n<li>Want to optimize costs and flexible spending model<\/li>\n<li>Want to deploy quickly, within 2-3 months<\/li>\n<\/ul>\n<p>This is a common situation in many Vietnamese businesses in the financial digital transformation stage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Giai_phap_hybrid_EPM_%E2%80%93_lua_chon_trung_gian\"><\/span><span id=\"h.kzynv4d31ti8\"> <b>3. Hybrid EPM solution \u2013 the middle ground<\/b> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hybrid EPM combines:<\/p>\n<ul>\n<li>Store extremely sensitive data on internal systems<\/li>\n<li>Using Cloud EPM for planning, forecasting, and analytics<\/li>\n<\/ul>\n<p>This model helps take advantage of the cloud while still meeting internal compliance requirements.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cloud_EPM_%E2%80%93_tuong_lai_cua_quan_tri_hieu_suat_doanh_nghiep\"><\/span><span id=\"h.8t9p69m2dzaf\"> <b>Cloud EPM \u2013 the future of enterprise performance management<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Traditional on-premise EPM used to be the norm, but in a landscape of increasing change, Cloud EPM is becoming a strategic choice for many businesses. When comparing cloud EPM with traditional EPM, the differences in deployment speed, cost, scalability, and real-time support are clear.<\/p>","protected":false},"excerpt":{"rendered":"<p>As businesses increasingly rely on data to plan, forecast and measure performance, systems\u2026<\/p>","protected":false},"author":37,"featured_media":999979209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[369,84],"tags":[],"class_list":["post-999979204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chuyen-doi-tai-chinh","category-thiet-lap"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999979204"}],"version-history":[{"count":4,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979204\/revisions"}],"predecessor-version":[{"id":999980447,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979204\/revisions\/999980447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999979209"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999979204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999979204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999979204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}