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Your Management Accounting Solution Wish List

Every organization operates differently, and not all systems provide the same features and benefits. However, you don't need to recreate the wheel. Taking a moment to understand current business requirements and future goals will allow you to prioritize your “wish list” and create a detailed roadmap that leads to implementation success.

What should you include on your wish list? Below are some things to consider when creating your management accounting solution wish list.

Recognize System Limitations

Is your system outdated? Does it lack necessary functionality? Are processes slow and tedious? Take a minute to write down what is and isn’t working, which will allow you to pinpoint items in need of immediate attention. Once you’ve recognized the issues that need fixing, you can develop a plan to remedy them.

Define Current and Future Functionality NeedsChecklist, to do list

Along with choosing a new solution (or enhancing your existing one), comes the excitement of a variety of new tools and functionality. However, implementing too many new things at once creates confusion and may reduce adoption rates.

Before deciding on your new system, evaluate your current businesses processes. What do you need to improve immediately? What can you wait to improve? Are there processes you can eliminate entirely? The biggest improvements typically involve a level of reevaluating business processes with regards to your current state.

Incorporate User Input and Feedback

Speaking with employees who use the system day in and day out will reveal valuable information regarding redundant tasks and other time-wasters. Incorporating this feedback into your solution will improve how your employees do their jobs – as well as reduce costs, eliminate unnecessary activities, and improve productivity.

Frequently Evaluate Business Processes and Procedures

Make it a goal to evaluate your system and processes on a schedule. Involve a variety of users from across your organization for a more comprehensive view. What has changed since you implemented the new system? What needs enhancing next? Are there processes you can eliminate now that you couldn’t before? If you choose the right system, you can add functionality forever – as long as you continually assess your processes and add enhancements where necessary, you will never have to do a total system replacement again.

Let the experts at Asyma Solutions help you select and implement the solution that’s best for you. For more information, contact us today.

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