There are many things to consider when implementing a new enterprise resource planning (ERP) solution. It’s important to understand some of the key questions and best practices to keep your company on a forward track to a successful implementation. Be prepared for upcoming challenges by reviewing this helpful resource. Here’s an excerpt from the article:
“A new ERP solution is more than an accounting system selection – it’s a decision that impacts the entire company, including project management and planning, project accounting and budgeting, as well as progress billing and revenue recognition. In some organizations, timekeeping, property and lease management, and even inventory for facilities may also be within the scope of requirements to consider.”
BKD is a Principal Partner of the Construction Financial Management Association (CFMA). This resource first appeared in CFMA Building Profits and was posted on bkd.com with permission. BKD Trusted Advisors™ are regular contributors to this publication.