10 Risks of Using a Traditional Financial Management System

Risks of Using a Traditional Financial System

An article from Intacct called, Traditional Financial Systems: A Long, Winding Road to Nowhere, shared 10 risks or problems associated with using a traditional financial system.

Traditional financial systems typically lack the analytic functionality to support the intelligence needs and speed of business most companies operate. The lack of real-time information hinders management’s ability to apply their knowledge and leadership to its fullest extent, and stunts employee contribution.

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Don’t Feel Snowed In By Your Current ERP System

Changing to Sage Intacct will help you find a clear path out.

Outgrowing ERP System

If your company is large enough to need sophisticated applications like finance/accounting, manufacturing, sales and service, and CRM, but they’re not working together, you probably feel like the folks in New Hampshire have been feeling recently. Every department is working with a similar group of products and customers, but each has its own computer systems and software – and they’re not speaking to each other. You’re working so hard, but there’s no solution in sight.

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