Follow the failures for a more successful software switch
A completely smooth transition to a new system or software? A pipe dream. That’s okay — there’s a lot to learn from ghosts of implementations past.
Before you delve into an accounting system conversion, look back to any undertakings in the past that may not have had the outcome you were after.
A few common traps to watch for:
- Too much time and money spent trying to customize, and
- Shifting plans “midstream” to accommodate multiple upgrades at the same time.
Those are easy traps to fall into — especially when you have software vendors and/or consultants suggesting upgrades or corrections in the middle of your project.
Your best chance of getting the right fit the first go-around: Look at your existing procedures and processes before you undertake an upgrade.
Informal procedures or ad hoc decision making won’t lend themselves to the more standardized systems that new software will require. If you have too many exceptions to your credit approval or purchase approval processes, for example, it will be nearly impossible to automate.
Write first, do later
A great workaround: Use the software documentation as a way to standardize your procedures and get a jump on training.
Most finance shops document after the new system’s up and running. By writing down a roadmap to the new system before it’s rolled out, it’s a lot easier for everyone to see where they fit in the big picture.
Changing your system to fit the software instead of the other way around may just bring your conversion in on time and under budget.
And you won’t fall into those old traps.
Free Training & Resources
Further Reading
The conditional formatting tool in Excel allows users to apply many different formatting options to data. The benefit: sorting and recogniz...
Working with long or complex formulas? Named ranges make your spreadsheets easier to manage, read and troubleshoot, especially when creatin...
Reorganizing data layouts is a common challenge for financial professionals. Excel’s Transpose feature lets you quickly switch rows and c...
Many companies are turning to even faster payment methods, such as embedded finance solutions and banking as a service products. In fact, a...
Software subscription costs are quietly eating into margins – and the impact is growing. Zylo’s 2025 SaaS Management Index reveals...
You can’t be too careful out there! Fraud is a risk in every area of finance — even the auditor hired to analyze data and file ...