ERP & Finance Platform enabled Finance transformations has been saved
ERP & Finance Platform enabled Finance transformations
Leveraging an ERP implementation to reshape the finance operating model
For many CFOs, deciding when and how to implement a new ERP system is one of the most significant technology investment choices to make. A new ERP system implementation not only impacts the technological landscape, but also requires CFO’s to rethink their entire operating model: how can I further optimize and standardize my current processes, how can I fulfill my business partner role, how can I get clear insights based on available data?
Moreover, many businesses have evolved through time into complex organizations with complex system structures, resulting in costly limitations that also limit growth opportunities. Our Team of Finance & Performance Management consultants can support to plan and address these challenges with an agnostic perspective, helping you to understand the Finance platform / ERP market and defining with you what your best options are based on your challenges and requirements.
About Finance Operating Model Transformation
As any CFO who has undertaken finance transformation knows, an ERP implementation is complex and time-consuming. It requires careful planning and resources, and can be costly, especially without proper planning. But finance transformation is also critical if Finance wants to keep up with the changing needs and strategies of the business.
Deloitte helps finance leaders address the most critical priorities in enabling the finance function to support and create value for the business — from establishing finance as a trusted partner to the business to developing a high-performance operating model, improving core processes, and managing ongoing performance.
An ERP implementation is more than just a system implementation…
- An ERP implementation enables the Business to operate and deliver differently. Consequently, it also forces the Business to re-think and re-plan its strategy, to reap the full benefits of the new reality.
- An ERP implementation is a key enabler to prepare the Business for the increasingly digitalized and fast-paced future. A system designed for tomorrow supports a business model that must be able to constantly adapt to grow.
- An ERP implementation supports the future of Finance. The role of the finance function is rapidly changing, and adapting requires e.g. embracing new technology and the entry of machine learning, AI and real-time reporting.
- An ERP implementation is not just a system implementation, but it is an entirely new system, that brings opportunities and decisions regarding integration and adaptation to the rest of the Business.
We leverage our in-depth know-how on finance operating models and apply the power of the latest automation technologies. Our team has expertise in all components of the finance operating model and knows the different aspects of the finance function to realize the true value of a new ERP system / finance technology.