3rd Aug 2022

The finance transformation handbook

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As finance teams moved to remote and hybrid working, existing paper and spreadsheet processes could not cope. The need for more immediate visibility on sales and cash positions exposed the gaps between siloed databases and the inadequacy of spreadsheet-based systems integration.

Since the latter half of 2021, AccountingWEB’s quarterly insight survey programme has identified growing intent among larger organisations to invest in new accounting software. First-hand feedback from iplicit users confirms these independent market observations. A prevailing theme was how legacy systems were not able to manage the transition to hybrid working. Many of these installations also suffered from weak integration with other data sources that made it difficult for managers to get visibility over all their operations and financial commitments.

This finance transformation handbook is structured around the issues those managers faced and explains how they went about fixing the blockages and bottlenecks that were not being handled adequately by existing systems.

What you'll learn

  • Part 1: Structural and system challenges - such as hybrid working, project costing and expanding data volumes
  • Part 2: Visibility and reporting challenges - such as KPI dashboards, timesheet workflows, consolidation and auditing
  • Part 3: The case for finance transformation - fear of the unknown and implementation tips
  • Part 4: Diagnostic questionnaire - where does it hurt? - Discover where your business needs the most attention

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finance transformation handbook

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