Overview
System changes are common, so why does seemingly every new system update or installation have multiple, new problems? We will review the causes and effects, including a short-term outlook. We will focus on the best practices of successful organizations, specifically the one key task for success - proper planning. What are the steps to take? Which functions need to be involved? How can you reduce risk? These actions can be applied to small system changes, system upgrades, or large ERP systems. Do not make the same mistake over and over - learn from others who have paid the hefty price.
Prerequisites
At least six (6) months of professional financial statement analysis experience. Preferable to have experince with sytems implementations.
Objectives
After attending this presentation, you will be able to...
- Analyze best practices in effective system implementation
- Identify what pitfalls to avoid
Highlights
The major topics covered in this course include:
- The consequences of failure to plan and why shortcuts cause even more issues.
- How to learn from our previous mistakes.
- No two installations are the same! A team effort, with the right people, is required! Tests and testing are mandatory.
- Why cheap costs more.
- How accounting should communicate.
- Managing the organization to enable better system implementations.
