Business Financial Software – Justifying the Investment

Business financial software doesn’t last forever.  If a critical mass of your employees have decided that your current business financial software might need to be replaced, what’s your next step? Many firms just launch a search, assuming that at some point they will find the best suited business financial software.  Well….there’s just a tiny flaw… » More

ERP Selection – The Key Role of the CEO

ERP selection isn’t a project that involves only what we commonly refer to as stakeholders.  The role these stakeholders play, particularly the CEO cannot be limited.  The stakes are just too high. In the immediate past ERP selection projects were driven by a combination of the CFO and the CIO.  The CFO was responsible for… » More

ERP System Selection – Defining Your Requirements

If you have decided to replace your current business management system, there are a number of critical steps you need to take to reach a purchase decision.  Obviously one of the most important ERP system selection steps is defining exactly what you want your new system to do. This requirements document serves two purposes.  First,… » More

The CFO’s Guide to Selecting Financial Accounting Software

Financial accounting software will need to be replaced from time to time.  It really doesn’t matter why, but the firm’s key executives (CFO, CEO and CIO particularly) need to take charge and help the firm move to a more efficient, effective, competitive and profitable future. Now let’s throw some ice cold water on your assumption… » More

Business Management System Selection – Who Should Lead the Project?

Business management system implementation projects fail far more than they should certainly far more then we feel comfortable.  People have heard of these failures and many are reluctant to do anything until they actually are almost forced to by the failure of their own system.  In this case the system could be so old that… » More

ERP Accounting Software Selection – The Key Role of Stakeholders

ERP Accounting Software selection can be tedious and frustrating at the best and downright deadly at the worst.  Presuming that you know what you are doing (and process and product ignorance is perhaps the most significant causes of failure rates that can be as high as 70%), you are going to have to create the… » More

Financial Application Software: Find a Product That Best Suits Your Unique Needs

Financial application software can help you achieve greater success, but the selection process has to be very precise and you need to know what you are doing. If you think you need new financial application software or know you need it, what should you do? The path from idea to project completion is littered with… » More

Accounting Software Selection – The Prospect / Reseller Dance

Accounting software selection projects require several key elements.  One of the most important success factors is the formation of a mutually beneficial business partnership between the user and the accounting software reseller who represents the accounting software product being evaluated. Let’s say you are the leader of an accounting software selection initiative for your firm. … » More

ERP Software System Selection: Upgrading From Accounting to ERP

ERP software system selection projects are usually precipitated because either the firm is moving up from what could be called an accounting software system or the firm does not get along with its current ERP software system.  Although this might be called a jab at the industry, most accounting software products have evolved over the… » More

Business Accounting System Selection: Start Quietly

Selecting a new business accounting system can be one of the most frustrating exercises any firm will face.  The danger of course is selecting a business accounting system that ultimately does not adequately serve the needs of your firm.  While we could discuss specific software selection do’s and don’ts for 10+ pages, let’s concentrate on… » More

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