Changes in financial systems can provide much-needed order and focus, or create organizational chaos. Implementing a new financial system can greatly improve a company’s financing, making revenue recognition, financial budgeting, and financial reporting easier. However, before deciding on what financial software to implement, there are many things to consider. Overall, the procedure largely revolves around determining the functionality of the current system and comparing it to the business specific needs. Work with our teams to select the best system for you and your department.
- Our Advisors and business technology experts can assist your organization with the following:
- Requirements definition in software selection process.
- Functional lead in implementation of financial systems or product upgrades.
- Serve as liaison between IT and Finance/Accounting functions.
- Chart of accounts design and mapping
- Writing and execution of test scripts
- Financial report design using system or bolt-on reporting tools
- Identification and implementation of “quick hit” process automation
- Post-implementation troubleshooting and reconciliation
- Backfill of financial functional roles for client staff assigned to project teams
