ERP Systems and accounting software are widely relied on to automate bookkeeping tasks, allowing accounting teams to conveniently record the meta-data including debits and credits around transactions, i.e., the things that have already happened.
However, Accounting software, and ERPs, tend to break down when it comes to forecasting future events - the plans that enable finance and FP&A teams to yield mission-critical deliverables like meaningful analysis, scenario plans, budgets and forecasts.
The move to NetSuite or SAP from other accounting software is a significant step up in terms of cost and complexity. In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider the total cost of ownership and make the potential leap to these systems.