Financial Technology Transition: Five Pillars to Guarantee Success

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When moving to a new financial system, planning a seamless cutover becomes a key component for success. You can invest in a modern, state-of-the art technology but without your pertinent and accurate data, the technology may not provide much value.

This guide will provide finance and accounting stakeholders with the five key areas to consider when performing a financial cutover. Addressing these areas will ensure the success of your new financial system implementation project.

Key topics include:

  • Restructuring the Chart of Accounts (CoA)
  • Closed vs. Open Transactions
  • Historical Transactions vs. Trial Balances
  • Currency Exchange and Consolidation
  • Go Live Timing
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