I’ve experienced a number of finance system implementations in my career. My early experiences have made me very reluctant to implement new systems, not because I don’t enjoy it, but because I know they are often very disruptive and don’t solve the underlying issues. Or they save finance time, but at the expense of budget holder time (this has been my experience of most purchase order systems in large organisations).
I’ve also had experiences of lots of accounting systems, and none have ever blown me away. Some are worse than others, definitely, but I have long since given up on the idea that there is the perfect package out there, particularly when you consider that every organisation’s needs are different.
This isn’t to say you should just make do with the status quo. It’s about making sure that you are replacing the system for good reasons.
So over time, I’ve evolved a bit of a checklist to think about whether or not a new system is necessary.Continue reading “Do you really need a new finance system?”