ERP Implementations are Finance Transformations

I’ve supported four ERP implementations and the most successful efforts are the ones that plan for and actively manage the process and people changes that come with a new financial system which often means new financial management options. These are very expensive initiatives and the organizations that maximize the opportunity to rethink their processes as well as who is doing what can realize benefits from these investments, including:

• Reducing the cost of routine and lower-value transactions
• Defining analyses that increase the value of finance as a business partner
• Increasing the speed of core financial processes such as month-end close

Having a plan for your future financial processes and the people supporting them allows teams to participate in the design and future strategy of the finance function.

Incorporating people and processes in the change management support and messaging for your ERP initiative provides job context for your teams and future users which will help speed adoption and increase the value delivered to your organization.

Don’t forget your processes and your people!