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by Mary Brandel, Contributing Editor Posted on Thursday, October 20, 2005 2:20:00 PM   | Abstract: | Whether you want to consolidate numerous, distributed accounting systems or are attempting to start fresh with a new web services foundation, you'll need a game plan. Here's a look at a few key technical, organizational and business issues to consider before moving forward. |
Increased federal regulations, shrinking budgets and a desire for timelier reporting and better visibility into operations has many manufacturers taking a closer look at their accounting software -- and in many cases, they don't like what they see. One problem is that companies have too many accounting systems installed, and according to Forrester Research, Inc., many are moving to consolidate these systems. Meanwhile, Sarbanes-Oxley has exposed weaknesses in the reporting capabilities of many companies' accounting software installations, says Nigel Rayner, research vice president at Gartner Inc. For others, a move to the global stage is spurring a need for an upgrade. No matter your reason for upgrading, here are some things manufacturers should consider when purchasing a new accounting package (click here for additional resources). [Click to continue] |