What does it take to be a modern day chief financial officer? Meeting the changing needs of your company is a balancing act, and selecting a system to meet the needs of your business is a big decision. Manual processes and antiquated software will drain your productivity and cause you to struggle to analyze an ever-increasing amount of financial and operational data. Therefore, you need to modernize your system.
Financial leaders today balance the need to manage an increasing level of business complexity with the need for speed. You’re expected to manage multiple accounting and reporting processes, while possibly managing, multiple entities, with multiple regulatory frameworks, and possibly multiple currencies.
Think that’s complicated? Now add frequent change to the equation. A monthly financial check-in isn’t good enough for today’s CFO. You need the agility to make decisions at a moment’s notice—and those decisions must be based on the real-time financial truth.
Why is it So Hard to Get Good Financial Information?
The last major adoption wave for financial management and accounting software dates back to the late 1980s, following the shift to Microsoft Windows. Every major financial software package today arose from this transition. QuickBooks, SAP, Microsoft Dynamics, and Oracle all pre-date the Internet.
What does this mean? Any of the aforementioned software offerings aren’t modern. They can claim to have made changes to become modern accounting systems, but many cannot quickly meet the needs of your business.
The Modern Solution for a Modern Organization
Thanks to a recent guide released by Intacct, you now have the information at your fingertips. The 2015 Buyers Guide to Accounting and Financial Software will introduce you to Intacct—the modern accounting system for today’s CFO. This guide will cover the following topics:
- Why most financial software systems hinder your ability to get good financial information.
- The six key questions you need to ask before considering a move to a cloud-based financial solution.
- Why the process for evaluating software is different for cloud solutions—and the seven things to make sure you’ve got in writing.
To download the full Buyers’ Guide, click here.
We also welcome you to learn more about the four essential attributes of a modern accounting system:
- Automated, Flexible Processes
- Business Insight
- Cloud Architecture
- The Right Company
Click here to download the whitepaper, “Modern Accounting Software Features You Need for Today and Tomorrow.”