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Columbus Global

Compelling ERP Implementation Tips for CFO’s


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As chief financial officer (CFO) of a company, you need to be 'in the know' when it comes to your business processes.  Many businesses, large and small, look toward enterprise resource planning (ERP) software to gain insight and control over business operations.  ERP software offers many ways to improve business operations and drive growth; however, not all implementations go as planned. You can have a successful implementation and enjoy the benefits of using ERP if you just spend a little more time in the planning phase.

Implementing ERP software can be challenging because this type of state-of-the-art software will affect all aspects of your organization.  A comprehensive ERP solution, such as Microsoft Dynamics® GP, provides management capabilities for finances, manufacturing, supply chain, project and services management, human resources and payroll, and more.  All of these different departments are already working with their own software and processes, so matching their needs with an ERP solution should also involve input from your chief information officer (CIO) as well other key employees.  The CFO can focus on the business goals and CIO can focus on the technology.  Other key departmental figures can offer details on the manufacturing, inventory, and other processes that will likely be affected by an ERP implementation.

Choosing a reliable software provider is another important element in a successful ERP implementation.  Look for a software provider with experience in multiple ERP platforms and applying them with businesses of different sizes and types.  They should guide your decision in choosing an ERP software solution, not dictate it.  They will be able to help you find an ERP that matches your business goals and deploy it on your timetable and within your budget.

A successful ERP implementation is a team effort involving your CFO, CIO, key players in your organization, as well as your software provider.  Spend quality time in the planning phase, detailing your business needs and goals, and work closely with your software provider to implement your ERP solution.  Contact Sherwood Systems for more information about improving your chances for a successful ERP implementation: http://www.sherwood.com/contact/.

By Sherwood Systems, Arizona Microsoft Dynamics GP Partner (http://www.sherwood.com/)

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