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By January 16, 2019 at 1:45pm

UPGRADES COMING SOON

When CFOs expect their next financial system upgrade*:

33% Within one year
43% One to two years
16% Three to four years
2% Five years
7% Not planning to upgrade within five years

Why CFOs plan to upgrade their system**:

62% Optimize performance
52% Access the newest features and offerings
50% Enhance security
43% Make it easier for employees to use
37% Reduce or eliminate reliance on legacy systems
1% Other

6 Steps for a Successful Financial System Upgrade

#1 Conduct a pre-process analysis of business objectives and needs
#2 Secure executive buy-in and support
#3 Identify the project team, including outside experts needed
#4 Facilitate a collaboration between finance, IT and other affected functions
#5 Conduct a thorough change management program
#6 Provide training to employees

Source: Robert Half survey of more than 1,100 CFOs in the United States

*Responses do not total 100 percent due to rounding.

**Multiple responses allowed.

© 2019 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.

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