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- Completed successful sunset of outdated accounting system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.
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