What a finance team should look for
Financial reporting: Improve the accuracy and timeliness of financial reports and statements by choosing an ERP system with advanced financial reporting capabilities.
Budget management: Utilize ERP tools for better budgeting, forecasting, and expense management to ensure optimal allocation of financial resources.
Audit trails: Ensure the ERP provides comprehensive audit trails for financial transactions.
Risk analysis: Use the system to identify financial risks and ensure regulatory compliance.