It costs this accounting team $700K to do what?
Does your accounting software ever have you pulling out your hair by the end of the day?
You’re not alone. In fact, according to Toledo, OH, councilman Mike Craig, the city:
- has spent $3.4 million on consultations with SAP over the past five years, and
- spends $700,000 every year just pulling data from its accounting software.
No doubt about it, Finance has its work cut out for it over there.
But by being smart, it can do some damage control.
Document, document, document
If you feel like your own software is lagging, keep track of how long it takes you to perform routine tasks.
As time goes by, you’ll be able to see whether the software is actually beginning to lag.
From there, you can take the issue to IT. If they can’t fix it, it may be time for some improved software.
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