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|
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.