Upgrades Coming Soon

Upgrades Coming SoonUpgrades Coming SoonUPGRADES COMING SOONWhen CFOs expect their next financial system upgrade*33% Within one year43% One to two years16% Three to four years2% Five years7% Not planning to upgrade within five yearsWhy CFOs plan to upgrade their system**62% Optimize performance52% Access the newest features and offerings50% Enhance security43% Make it easier for employees to use37% Reduce or eliminate reliance on legacy systems1% Other6 Steps for a Successful Financial System Upgrade1 Conduct a pre-process analysis of business objectives and needs2 Secure executive buy-in and support3 Identify the project team, including outside experts needed4 Facilitate a collaboration between finance, IT and other affected functions5 Conduct a thorough change management program6 Provide training to employees