Why CFOs Are Migrating To Intelligent ERP

Author:Acloudear , 2021-08-20 13:13   
With real real-time information, intelligent ERP allows finance to shift from periodic processes and workflows to an always-on mode that fits the reality of modern business. Instead of waiting for the next cyber threat or process failure, your ERP has controls and risk management built right in.

It’s widely known that “the only constant in life is change.” While the same can be said about business, you might be surprised to learn that the finance department has quickly become the driver for change.

They have always had their hands on the wheel, helping drive stability across their respective companies. Change, on the other hand, costs money, and unexpected expenses are the sorts of things that keep finance leaders like you up at night.

Now after having lost enough sleep, your peers are discovering tools and techniques that actually help them embrace change – because, as we all now know, flexibility is the only way to move forward.

Flexibility and Transformation

The way to transform your company is to continuously transform finance. And as your business grows, finance must scale to tackle new problems and adapt to new markets at a moment’s notice. For your business to move forward, in other words, finance must always be on the move.

That’s exactly why, lots of CFOs are migrating to Intelligent ERP! What does Intelligent ERP do for them, and is it really smarter than regular ERP? Yes. And here’s why.

With real real-time information, intelligent ERP allows finance to shift from periodic processes and workflows to an always-on mode that fits the reality of modern business. Instead of waiting for the next cyber threat or process failure, your ERP has controls and risk management built right in.

With a modern, versatile technology infrastructure, you can take on all the challenges that come with growth.

1、You can reinvent business and billing models in an instant, so no matter where you take your business, it’s ready to go.
2、You can adapt to unique language and regulatory requirements in any country, so you can add people, offices, and customers in new markets without adding complexity.

And by bringing critical financial functions together in one solution, you can close the data and workflow gaps that slow you down.

1、You can efficiently direct liquidity and working-capital management in real time, in one place.
2、You can connect finance to the rest of the company, so you can eliminate inefficiencies and disjointed views of the data.

All of this makes it easier to drive business faster, and that, without question, is quite brilliant. If you want to learn more about intelligent ERP solutions for your business, SAP, with decades of experience in business management, will help you!

This article is orginated from SAP BRANDVOICE / By Neil Krefsky, SAP 

This article "Why CFOs Are Migrating To Intelligent ERP" by AcloudEAR. We focus on business applications such as cloud ERP.

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