Top ten tips for transforming your property finance function
Everything you need to know … before you commence your transformation project
You’ve heard. Every second property, engineering or construction company seems to be overhauling their core finance reporting systems and processes. Unfailingly with the goal of improving performance and reducing costs. However this can be a high risk endeavour for organisations. Major IT or ‘transformation’ projects invariably seem to entail delays, cost blowouts and failure to meet expectations. Yet, how hard can it be to get the numbers the business wants for better decision-making on a solid and timely basis?
This ‘consolidation of learnings’ contains our best tips for ensuring the finance ‘transformation’ project your organisation undertakes is given the best chance for success – immediately and for the longer term. We also highlight the kind of opportunities you should be on the lookout for during the project and what you can do to ensure your organisation begins your project with enthusiasm, continues with anticipation and is delighted at each stage of the rollout.
These tips are drawn from hard-learnt experience – ours and some of our clients. We hope you can use them to your advantage to make your transformation project as painless as possible and thus enjoy the benefits which can be achieved through the journey of implementation.