As CFO, part of your job includes evaluating and advising on the impact of long range planning, along with introduction of new programs and strategies to ensure credibility of the Finance group by providing: timely and accurate analysis of budgets, financial trends, and forecasts. One of the best ways to ensure credibility of budgets, financial trends, and forecasts is to implement an ERP system.
When you're choosing an ERP solution, it's also important to consider the solution provider in order to ensure a successful ERP implementation. By working closely with an experienced ERP vendor, you’ll have all the support you need during and after system implementation. When unexpected errors occur or misunderstandings arise, having an expert by your side is critical. Stability, market presence in region, past successes, expertise, adaptability, and innovation are important considerations to ponder when selecting your vendor.