CFO 4.0 - The Future of Finance 126. Financial Transformation Live: Top Tips Before Starting Your Finance Systems Implementation Project
May 2, 2023
01:09:37
This episode of the CFO 4.0 podcast is taken from our recent Financial Transformation Live session! Host and Managing Director at itas, Hannah Munro, discusses the challenges and best practices for implementing new finance systems. Drawing from her extensive experience, Hannah offers valuable insights and guidance on how to effectively manage change in the finance department.
Key takeaways:
- Understanding the change cycle: Pre-implementation activities to set up for success.
- Phases of a successful implementation project: How to avoid common pitfalls and optimise outcomes.
- Ensuring open communication: Encouraging constructive feedback and addressing concerns.
- Focusing on outcomes, not inputs: Aligning objectives with the desired end results.
- Avoiding scope creep: Being ruthless in prioritising and managing project phases.
- Building capacity for change: Allowing teams to recover and feel the benefits of change.
Links mentioned:
- Explore other CFO 4.0 Podcast episodes
- Revisit previous Financial Transformation Live sessions
- Register for June’s Financial Transformation Live session
- Take our ‘Which Sage Product is right for you?’ quiz
- Explore other CFO 4.0 Podcast episodes here.
- Subscribe to our Podcast!