{"id":56,"date":"2018-11-01T11:45:03","date_gmt":"2018-11-01T11:45:03","guid":{"rendered":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?p=56"},"modified":"2022-07-07T17:35:21","modified_gmt":"2022-07-07T17:35:21","slug":"great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/","title":{"rendered":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution"},"content":{"rendered":"

\"Great<\/p>\n

So you\u2019ve decided you need an ERP solution – great~ You\u2019ve done all the research on the specifications and features for the ERP solution \u2013 even better! But have you talked to your employees about what they need in the system? No? Well, you may want to consider that. Oftentimes, financial analysts struggle with antiquated applications delivering inadequate reports. As an IT professional, you have the ability to support your team with better technology better suited for their needs.<\/p>\n
Widget not in any sidebars
\n

What does the Finance department want in the ERP system?<\/strong><\/h3>\n

Financial analysts rely on the most up-to-date technology to do the most essential functions of their jobs. You need to understand their needs in order to choose the right ERP system. As a company\u2019s business processes become more complex, the ERP system and finance functions need to keep up to pace. This is especially true for companies that have recently gone through a large acquisition or merger; if you keep the same ERP, it may not be able to adjust to this new environment.<\/p>\n

\u201cThe early approach to ERP was to bake process into the software. That worked well for many years. Now the world has changed and those fixed processes no longer work without supplemental processes,\u201d says Keith Mattioli, principal in KPMG\u2019s Enterprise Solutions practice.<\/p>\n

So many options\u2026 price, flexibility, and Business Intelligence discussed<\/strong><\/h3>\n

If you\u2019re concerned about the price of your ERP system, you may want to consider a cloud-based or software-as-a-service (SaaS) subscription. However, if you\u2019re concerned about security risks of your data, you may feel more comfortable to hold onto the data in on premise location.<\/p>\n

\u201cThe low initial investment is a key benefit of [SaaS-based] ERP products,\u201d says Eric Kimberling, managing partner at Panorama Consulting, \u00a0\u201cI see a large number of small organizations adopt cloud-based ERP solutions, and a small number of large organizations.\u201d<\/p>\n

Lost or corrupted data can have very serious implications for a company, such as tax sanctions and potentially prison time for executives. This is why many SaaS ERP providers make it very clear in their marketing campaign to stress their dedication to data security. If a provider\u2019s product is not up to snuff with security, they probably won\u2019t be staying in business very long.<\/p>\n

Other important features for an ERP solution are Business Intelligence and the solution\u2019s flexibility. \u201cA growing number of cloud-based ERP systems enable business transformation and business intelligence,\u201d says Mattioli. Your IT team has a very special role in evaluating these providers and determining whether the solutions will sit well with your company\u2019s existing technology. \u201cThese benefits are important because there are limits to what can be achieved with cost reduction.”<\/p>\n

Reduce your reliance on excel spreadsheets<\/strong><\/h3>\n

Even though companies tend to throw ludicrous sums of money into investing in ERP systems, they still often rely on excel spreadsheets for a number of functions. This is problematic since these excel spreadsheets lack the IT controls necessary to ensure quality. According to CNBC, it was found that around 88% of spreadsheets contain errors in them. This is pretty scary stuff, especially when it comes to large companies that should be smart enough to avoid such pitfalls.<\/p>\n

\u201cCFOs are starting to realize that manual processes and spreadsheets simply do not scale to meet new business challenges,\u201d says Mattioli. \u201cManual processes also pose risk and governance challenges for finance.\u201d<\/p>\n

Adding value to Finance using technology<\/strong><\/h3>\n

The success of your finance department relies heavily on data quality. By establishing best practices, your IT department can ensure you excellent business processes and training.\u00a0You should take time to look at how well your company is organizing and carrying out data management. Visualization tools such as Tableau often help to identify anomalies.<\/p>\n

Maintaining accurate records about your financial transactions is very important as well. You can provide additional value to this process by maintaining robust identity controls. There are a number of business activities that frequently change, so it\u2019s very important to track how decisions are made.<\/p>\n

Moving Ahead<\/strong><\/h3>\n

In any business, executives rely on financial data to make almost any effect decision. In order to support your finance team, and in-turn receive quality financial data, you must first understand what the finance department\u2019s concerns are and what they need to address them. You can also learn from your peers in finance, who\u2019ve been able to develop data reporting skills. By building relationships with members of all the parties involved, you can ensure that everyone has a voice when an ERP system is being considered.<\/p>\n

\n

Looking for more? Download our\u00a0<\/span>ERP buyers guide<\/a>\u00a0for free and compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in an ERP solution, plus five questions to ask yourself and five questions to ask the software provider before purchasing. It’s the perfect resource for anyone looking to find right ERP for their business\/organization.<\/span><\/p>\n

And don’t forget to follow us on\u00a0Twitter<\/a>,\u00a0Facebook\u00a0<\/a>and\u00a0LinkedIn<\/a>\u00a0for all the latest in the ERP space!<\/em><\/p>\n

\t\t\t

\"Download<\/a> \"Download<\/a> \"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

So you\u2019ve decided you need an ERP solution – great~ You\u2019ve done all the research on the specifications and features for the ERP solution \u2013 even better! But have you talked to your employees about what they need in the system? No? Well, you may want to consider that. Oftentimes, financial analysts struggle with antiquated […]<\/p>\n","protected":false},"author":34,"featured_media":4751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[11],"acf":[],"yoast_head":"\nGreat Expectations: Talking To Your Team About What They Want From an ERP Solution<\/title>\n<meta name=\"description\" content=\"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Great Expectations: Talking To Your Team About What They Want From an ERP Solution\" \/>\n<meta property=\"og:description\" content=\"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Best ERP Software, Vendors, News and Reviews\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-01T11:45:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-07T17:35:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elizabeth Quirk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Worktech_Review\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth Quirk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/\",\"name\":\"Great Expectations: Talking To Your Team About What They Want From an ERP Solution\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg\",\"datePublished\":\"2018-11-01T11:45:03+00:00\",\"dateModified\":\"2022-07-07T17:35:21+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546\"},\"description\":\"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg\",\"width\":800,\"height\":400,\"caption\":\"Great Expectations: Talking To Your Team About What They Want From an ERP Solution\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Great Expectations: Talking To Your Team About What They Want From an ERP Solution\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/\",\"name\":\"Best ERP Software, Vendors, News and Reviews\",\"description\":\"Buyer's Guide and Best Practices\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546\",\"name\":\"Elizabeth Quirk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g\",\"caption\":\"Elizabeth Quirk\"},\"description\":\"Liz is a leading enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She writes to bridge the gap between consumer and technical expert to help readers understand what they're looking for. Liz attended Massachusetts College of Liberal Arts, where she obtained her Bachelor of Arts Degree in English and Communications. You can reach her at equirk@solutionsreview.com\",\"sameAs\":[\"https:\/\/x.com\/Worktech_Review\"],\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/author\/equirk\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution","description":"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/","og_locale":"en_US","og_type":"article","og_title":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution","og_description":"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.","og_url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/","og_site_name":"Best ERP Software, Vendors, News and Reviews","article_published_time":"2018-11-01T11:45:03+00:00","article_modified_time":"2022-07-07T17:35:21+00:00","og_image":[{"width":800,"height":400,"url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg","type":"image\/jpeg"}],"author":"Elizabeth Quirk","twitter_card":"summary_large_image","twitter_creator":"@Worktech_Review","twitter_misc":{"Written by":"Elizabeth Quirk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/","name":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution","isPartOf":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website"},"primaryImageOfPage":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage"},"image":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage"},"thumbnailUrl":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg","datePublished":"2018-11-01T11:45:03+00:00","dateModified":"2022-07-07T17:35:21+00:00","author":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546"},"description":"Talking to your team about what they want from an ERP solution can help make the selection process much easier & ensures you choose one made for everyone.","breadcrumb":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#primaryimage","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg","contentUrl":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/11\/Talent-Management-2.jpg","width":800,"height":400,"caption":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution"},{"@type":"BreadcrumbList","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/great-expectations-talking-to-your-team-about-what-they-want-from-an-erp-solution\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/"},{"@type":"ListItem","position":2,"name":"Great Expectations: Talking To Your Team About What They Want From an ERP Solution"}]},{"@type":"WebSite","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/","name":"Best ERP Software, Vendors, News and Reviews","description":"Buyer's Guide and Best Practices","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546","name":"Elizabeth Quirk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g","caption":"Elizabeth Quirk"},"description":"Liz is a leading enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She writes to bridge the gap between consumer and technical expert to help readers understand what they're looking for. Liz attended Massachusetts College of Liberal Arts, where she obtained her Bachelor of Arts Degree in English and Communications. You can reach her at equirk@solutionsreview.com","sameAs":["https:\/\/x.com\/Worktech_Review"],"url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/author\/equirk\/"}]}},"_links":{"self":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts\/56"}],"collection":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/comments?post=56"}],"version-history":[{"count":0,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts\/56\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/media\/4751"}],"wp:attachment":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/media?parent=56"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/categories?post=56"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/tags?post=56"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}