Financial Management asked Elliott Davis to help answer: “What is the best ERP solution for our business? And, as we grow, including acquisitions, how do we implement the best solution to support our processes?”

Context

  • Legacy accounting system was unstable and caused inefficiencies across people and processes
  • System incompatible with new technologies
  • Additionally, during selection and implementation of new ERP system, company completed acquisition of new organization

Our Approach

Analysis of accounting policies and procedures included:

  • Interview and complete site visit
  • Analyze documentation, processes, and workflows
  • Document key controls
  • Gather migration data in legacy system
  • Implementation Support
  • Partner with internal team and application vendor
  • Map out timeline and expectations
  • Assist in defining structure of files, key configurations, and data mapping
  • Assist with beta testing and data quality check
  • Provide testing and training support during early phases and post go-live

Client Results

  • Completed successful sunset of outdated accounting system
  • Improved overall processes and workflow
  • Increased efficiency and productivity
  • Enhanced business reporting: Better reporting tools with real-time information
  • Improved inventory and visibility
  • Overall, company met demands of a new ERP system that provides flexibility to grow and adapt to new acquisitions and/or products

We Can Help

For more information on this and other topics, contact a member of our team.

The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.