CFO magazine features Special Section on IT Systems Integration - ERP: Lessons from the Field

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ERP: Lessons from the Field shows how to avoid costly mistakes and ensure a successful ERP implementation.

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The purpose of this survey was to ask CFOs to provide critical advice and counsel to peers who are considering, or implementing, an ERP solution.

Selecting and implementing an enterprise resource planning system represents a major investment in capital, time, and attention. The success of an implementation depends on a host of factors, from the suitability of the software chosen to the effectiveness of consulting assistance.

To help CFOs avoid costly mistakes and ensure a successful ERP implementation, CFO surveyed 160 senior finance executives to seek out best practices and key learnings for effective vendor evaluation, vendor engagement, and system implementation.

“CFO research has consistently shown that one of the biggest obstacles to gaining the most value from an investment in ERP is, ironically, business growth,” says Chris Schmidt, Director of Research at CFO. “Rapidly growing companies are often attempting complex planning tasks using hybrids of legacy systems, off-the shelf systems, extensions, bolt-ons, and point solutions. The purpose of this survey was to ask CFOs to provide critical advice and counsel to peers who are considering, or implementing, an ERP solution.”

To read the complete special report “ERP: Lessons from the Field” go to: http://ww2.cfo.com/erp/2015/03/erp-lessons-field/

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