Over the past 17 years, Rose Financial Services, the Premier U.S. Based Finance and Accounting Outsourcing Firm, has upgraded 100's of accounting and ERP (Enterprise Resource Planning) systems. During this time we have incrementally improved our own ERP by adding new modules as the need would arise. In the first quarter of 2011 we took a fresh look at our financial systems. Click here for a full listing of the 10 seperate applications included in our current ERP.
While our finance and accounting system is adequate to handle our current business objectives, we asked ourselves, "How do we respond to our growth?" Can we manage RFS effectively at two to ten times our size? Our system is integrated in certain areas, but other areas required duplicate entry or the use of spreadsheets to fill in gaps. We determined that our system is not scalable in a cost-effective manner. Click here to find our solution after surveying the marketplace.
Over the next few months I intend to share my experiences with all of you as we upgrade RFS' internal finance and accounting system. This will be done through tweets and additional posts to http://www.rosefinancial.com/. I hope you find this chronology helpful as you assess the effectiveness of your own ERP.
1 comment:
Now a days giving work on outsourcing is not a big deal and there are many formal processes that are adopted to make the thing easier and flawless.Moreove its beneficial for service provider and client both.
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