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10 Warning Signs your Finance System is Holding Back your Business

10 Warning Signs your Finance System is Holding Back your Business

February 15, 2016

Infographic - 10 Warning Signs your Finance System is Holding Back your Business



eBook 10 Warning Signs your Finance System is Holding Back your Business

 

Download your Free eBook below - 10 Warning Signs

Is your finance system holding back your business?

This eBook takes a closer look at 10 key early warning signs and associated risks that indicate your business has outgrown its current finance system.

Outdated financial systems can compromise far more than the accuracy of your financial reporting and management information. Businesses today are growing and changing faster than their finance systems can adapt – a situation that can have serious consequences for the future of your organisation.

The early warning signs can be slow to emerge and businesses can cope with these for years but then, there you are, at the tipping point.

The issues have finally made it to board-level and, as your business grows and increases in complexity, you begin to unearth a range of concerning impacts including:

  • Unauthorised manual workarounds and the re-keying data
  • Reliance on meaningful information in error prone spreadsheets
  • A lack of insightful management information to inform business strategy
  • Inability to add additional currencies or companies
  • An inefficient and lengthy month end close

Understand the early warning signs and risks associated with an outdated or restrictive finance system.

Planning to change your finance system? Check out the Complete Guide to Replacing your Finance System.  

 

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