Many of the questions asked when selecting corporate software (and the focus of this course, buying an accounting system) are asked in this fashion: What is the best software for [Fill-in type]. This is the wrong question; whose answers will invariably yield poor results. There is a reason that most major enterprise system implementations don’t fully meet their primary objectives and come in over budget.
Buying an Accounting System
The right question is: “What is the best software for [fill in the blank] the particular needs or our products/people/processes and our company at this point in time and the reasonably predictable future?” This requires significant self-knowledge, process and introspection. These answers are needed when buying an accounting system.
This course provides an overview for project-sponsoring-execs (e.g. the CFO, Controller, VP of Finance) and an in-depth discussion for the actual teams involved in the process to provide a best practice approach to the acquisition of new software for the finance, accounting or related enterprise functions.
This course is part of a series of courses:
War Stories – Enterprise System Implementation Wars
Business Process Mapping: A Prelude to System & Process GAP Analysis
GAP Analysis: A Practical Approach
Learning Objectives
Identify the three main phases involved in buying a new accounting system:
- Specification; asking the correct questions internally — GAP Analysis.
- Selecting software and the vendor based on the results of the GAP Analysis.
- Understanding the implementation process.
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