Article reference: ERPSoftwareBlog
A CFO walks into a meeting with a CEO and says, “We have good news and bad news.”
“The good news is that our company continues to expand and take on numerous new customers. The bad news is that our current accounting software can’t handle it.”
If you have experienced that sweet/bitter moment, you know how it feels. If you have been fortunate enough not to experience it, you should start planning now to make sure it never happens. ERPSoftwareBlog released a white paper, 15 Red Flags: Is Your Accounting Software Hurting Your Business 2015, that can help you look for some of the red flags that indicate your once-reliable accounting software has run its course and needs to be replaced by an ERP system with more depth.
The white paper highlights examples of real organizations, in a variety of industries including manufacturing and distribution, banking and finance, energy, healthcare, retail, professional services and non-profits. Each one has reached a point where they must either upgrade to an ERP system or watch the business or non-profit they created crumble around them.
Definitely worth a read.
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