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The State of ERP in Finance & Other Sectors in 2022/23

YOUR JOURNEY TO ERP SUCCESS

How is enterprise resource planning (ERP) software transforming businesses in a post-pandemic world? And what setbacks are senior decision makers experiencing with ERP implementation?

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"SMEs spend £4.4bn chasing late payments every year."

Bacs Payment Schemes Ltd

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Tackle late payments with these four invoice email templates

No business can afford to let the issue of collecting money owed slide, so a careful balance between getting paid and not jeopardizing future working relationships needs to be found.

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BlackLine 7 Ways to Increase Trust in Accounting From Top to Bottom

7 Ways to Increase Trust in Accounting From Top to Bottom

Controllers must trust that accountants will consistently deliver a strong financial close, and CFOs must trust the numbers they’re given. A recent study by BlackLine revealed that the majority of CFOs do trust the numbers, but only 38% of finance professionals felt the same. And 69% thought that they, their CEO, or their CFO “made a significant business decision based on out-of-date or incorrect financial data.”

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Report Snap Shot

Learn how your organisation can help accoutants at every level fulfill the need and drive to be consistent, reliable, and timely.

Embrace the new era of AP automation

Eliminate repetitive tasks and free up your cash flow by automating your processes.

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The State of ERP in 2022 [Infographic]

The State of ERP in 2022 [Infographic]

From supply chain, operations and manufacturing to commerce and HR, ERP software can bring together multiple functions in one unified location. As globalization continues on its upward trajectory, accelerating competition in the market for every industry, intelligent tools like ERP will be of greater importance in a post-pandemic world. This infographic highlights the current state of ERP and the challenges that business leaders are facing in 2022.

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Report Snap Shot

  • 55-75% of all ERP projects fail to meet their objectives – and one of the top causes is failure to embrace change
  • 44% of professionals report problems with data quality as their main challenge when implementing ERP software

For more insights, access the full report here.

"84% of an AP professional’s day is wasted on manual tasks such as keying data, shuffling paper and fixing mistakes."

- Tipalti

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6 Things to Keep in Mind While Implementing e-Invoicing

Electronic and automated invoice processes can result in savings of 60–80% compared to traditional paperbased processing. For receiving e-invoices, the case is even more compelling, with savings of 60- 90% and an average savings of 11.20€ (13$) per invoice.

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Moving forward in the new normal in wealth and asset management

In an environment where change is constant – and, at times, quite unpredictable and profound – how do we move forward productively?

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