Every Finance Director’s dream is to be able to bring the technology of the future to the finance team, and make huge improvements to the way the team works in the process.
What’s important is to be able to identify where your processes could improve, and find a software provider, partner or advisor who knows how to apply new technology in a way which will improve the operation and performance of your business. In summary, an understanding of your own (perhaps painfully cumbersome) processes, coupled with the advice of someone who has faced the same challenges before, is all you really need for success.
In this guide, Darren Cran, COO of Cloud financial management software, AccountsIQ, demistifies the unecessary complexities around finance automation, and offers best practice advice to finance leaders to find real efficiency with the technology available today.
Within this five minute read, we will help you identify your needs, explain how to select the right finance system for you, and guide you through the process. We will also outline some of the complementary technologies that can help you maximise the efficiency of your finance function.
Identifying where your function is straining
Selecting the right fit finance system
Getting the coding structure right
Building your automated workplace and onboarding a new system: capture, processing and reporting
What’s critical in changing a finance system is moving away from old unconnected habits towards an ultimately lower cost, more efficient, Cloud Financial Management System [FMS]. FMS rather than legacy accounting programmes simplify the capture, processing and integration of financial information that Finance can use to tell the complete story ahead of time.“ Darren Cran, COO, AccountsIQ
Watch Darren Cran explain in this video the difference a financial management software solution can make to your organisation.