Stott and May’s Post

Can you watch YouTube and figure out how to implement ERP? Back in 2005 I was hired to do my first ERP implementation project. Start with a system selection. And then act as a BA/PM/QA/Support Analyst to make this whole thing work. Was I ready for this role? Hell no. No coaching, no mentorship. I googled what ERP was and how to implement it. Mostly figured things out. The vendor made sweet promises on RFP bid but turned out to be a total liar. According to a contract there was a schedule that we were supposed to pay and they were obligated to deliver per project plan. We did our part. And they totally failed theirs. The vendor made the client pay above the budget. Just because they could. We were already ‘in bed’ with them. And the legal support was not available. Wait. That was not the end of our tortures. We had two failed attempts to go live because of a system readiness (functions, data migration). But we finally made it, and the client was happy. These were my first ERP lessons that I learnt: Honest lesson #1. I was not a good match for this job. Better hire an experienced system selection consultant and internal ERP team. Saving on this can be very expensive. Harsh lesson #2. Never pay an SI by the schedule. Only pay when milestones done. Lesson #3. Always have a specialist proofread and validate the paperwork. Preferably someone who knows a deal in ERP implementation agreements and SOW . Lesson #4. It’s OK to no go. Just learn from the mistakes and plan to do better next time. There were probably 100 more lessons that I learnt in those 2 years… The moral of the story: “Hire an ERP adviser.” Yeah, but I already have an ERP analyst in house. #ERP #TheERPGuy #ERPImplementation

Resource allocation is one of the greatest challenges a growing company faces: Do I spend my time and money hiring staff, opening a new office, or buying software? Click here https://lnkd.in/g8n83VKc to download the How-to Guide on "3 Ways Growing Businesses Win With ERP," which explains how to scale responsibly, thriving through disruptions with the help of three case studies. For more such resources visit: https://lnkd.in/ef6EcUaz #CFOIndia #Oracle #Netsuite #FinancialManagement #UpgradeYourSolution #BusinessManagement #FinanceSoftware #FutureOfFinance #FinanceAutomation

Hello Connections, We have below role open. Please share resumes to kiran@ritwikinfotech.com Title: Project Manager - Oracle Fusion Finance Implementation Location: Atlanta Georgia Hybrid Responsibilities •    Oversees the coordination of a large-scale program or multiple complex delivery projects. •    Responsible for leading and direction of major projects, initiatives, functional groups or large project teams. •    Lead for defined scope such as Business Case, Operating Model, and cost model. •    Coordinate with various stakeholders including finance teams, IT departments, and external consultants to ensure alignment and collaboration. •    Develops comprehensive program and project plans, including resources, deliverables and timing. •    Accountable for delivering the initiative plan from conception to implementation. ·    Shapes and leads programs that translate results from business diagnosis and planning into transformation programs / system integration projects, based on client priorities, and outcomes of the business case •    Guides teams to address the right problems as efficiently and effectively as possible, applying insights from diverse projects, functional/industry, and prior system implementations, etc. •    Develops and articulates points of view and thought leadership with client executives •    Identifies and prioritizes value creation opportunities based on assessment activities and an understanding of client high level visions, performance gaps, and needs 1. Customization and Configuration o Oversee the customization and configuration of the Finance module to meet the specific needs of your organization. o Ensure that all financial processes, such as accounts payable, accounts receivable, general ledger, and financial reporting, are properly configured. 2. Testing and Quality Assurance o Develop and execute test plans to ensure that the Finance module operates correctly and meets the requirements. o Address and resolve any issues or bugs that arise during testing. 3. Training and Support o Coordinate training sessions for end-users to ensure they are comfortable using the new system. o Provide ongoing support and troubleshooting to address any issues or concerns that arise post-implementation. 4. Change Management o Manage the change management process to ensure a smooth transition from legacy systems to the new ERP module. o Communicate effectively with all stakeholders to keep them informed about progress and any changes.

Got an empty seat to fill in accounting, IT or with #ERP support? Our recruiters will find you the most qualified candidate to cover a vacancy, saving you time and money by thoroughly vetting them before you even meet. Find your next team member here: #recruiting #staffing #hiring

🚀 Migrating from Tally to NetSuite: Essential Checkpoints for a Smooth Transition 🚀 Thinking about making the switch from Tally to NetSuite? Here are some critical checkpoints to ensure a seamless migration: • Pre-Migration Checkpoints • Data Preparation • Technical Preparation • Training and Change Management • Migration Execution • Post-Migration • Post-Go-Live 🔹 Pre-Migration Checkpoints 1. Project Planning & Scope Definition 2 Clearly define the scope and objectives. 3 Develop a detailed project plan with timelines, milestones, and responsibilities. 🔹 Stakeholder Engagement 1 Identify and involve key stakeholders early in the planning process. 2 Secure buy-in from all affected departments to ensure smooth collaboration. 🔹 Resource Allocation 1 Assemble a dedicated project team from IT, finance, and other relevant departments. 2 Consider whether external consultants or NetSuite partners are needed for expert guidance. Proper planning and engagement are key to a successful migration. Stay tuned for more tips on making your move to NetSuite as seamless as possible! For any questions or assistance, feel free to contact us at 📧 vibin.raj@acldigital.com #NetSuite #ERP #Productivity #TechTips #BusinessEfficiency #ERPSystem #NetSuiteTips #GlobalSearch #EfficiencyHacks #BusinessOptimization #Automation #Efficiency #Finance #ERP #BusinessOptimization #ConsultingServices #NetSuiteExperts #netsuiteimplmentation #netsuitesupport #ACLdigital #netsuitepartner #ERPpartner #ERPSupport #ERPImplementation #Oraclepartner #vibinprinceraj #ERPSales #Netsuitesales #NetSuitelicense #Enterprisesoftwares #MRP #TallyMigration #BusinessTransformation #ProjectManagement #CloudERP #FinanceTransformation #StakeholderEngagement Feel free to share your experiences or ask questions in the comments! 👇

Please reach out to me directly regarding the below candidate if their skillset may be of value to your team!   ***This Week's Hot Candidate Spotlight*** - based in CT ▪ Financial Planning & Analysis (FP&A) Leadership: Established budgeting, forecasting, and strategic planning processes. Led the implementation of Workday Adaptive Planning. ▪ Technical Accounting Expertise: Experienced in revenue recognition (ASC606) and stock-based compensation accounting. Provided guidance on stock options accounting and optimization of equity management platforms. ▪ Process Improvement: Streamlined the monthly financial close process and implemented new ERP systems, improving efficiency and accuracy. ▪ Systems Implementation: Proficient in implementing various financial systems, including ERP systems (Netsuite, SAP) and planning tools (Oracle PBCS). ▪ Compliance and Audit Management: Ensured compliance with SOX, tax filings, and statutory requirements. Led external audit processes, ensuring timely completion. #FinanceLeadership #FP&A #TechnicalAccounting #ProcessImprovement #ERPImplementation #ComplianceManagement #AuditLeadership #StrategicPlanning #FinancialReporting #TeamManagement #CFStaffing

Are you considering ERP implementation? Confused and not convinced? Are you equipped to handle every ERP implementation phase without hiring an expert team? Is there a value-add to partnering with an ERP consulting firm? Hiring ERP consultants can streamline the implementation process, allowing your IT staff and employees to focus on their core responsibilities. Here's why hiring an ERP consultant is a game-changer: Navigate Complexity: ERP systems can be challenging to implement. With expert guidance, you can accelerate your project and avoid costly pitfalls. Speedy Deployments: Don't wait years for deployment. Leverage outside expertise to get up and running faster. Cost Savings: Save big by negotiating lower product rates and avoiding vendor lock-in. Expert consultants know the levers to pull. Accountability: With a third-party provider at the helm, ensure smoother implementation and fewer headaches. If you want to discuss ERP success for your business, contact us today at dipesh@aceproconsultants.com or +91-9821 71 0919.

🚀 Transforming Finance with the Right Expertise 🚀 Finance Transformation is no small feat, especially when implementing an ERP system like NetSuite. But have you considered the benefits of hiring an interim finance transformation consultant *before* diving in? Let me break it down for you. Firstly, an interim consultant brings a wealth of experience and a fresh perspective. They can quickly identify inefficiencies and recommend best practices tailored specifically to your organisation. These experts aren't just familiar with theoretical principles; they've been in the trenches and understand the nuances of both finance and technology 👩💼👨💼. Moreover, a consultant can help streamline processes and ensure that your team is ready for the impending changes. They can provide valuable training, mitigate risks, and establish solid foundations, making the transition to a system like NetSuite far smoother. This preparatory phase can lead to significant long-term savings and improved implementation success rates. Lastly, engaging a consultant fosters a culture of continuous improvement. With their guidance, you're not just implementing an ERP system—you're genuinely transforming your finance operations. This proactive approach can dramatically enhance efficiency, accuracy, and overall business agility. Are you ready to transform your finance function and make your ERP implementation a success? Get in touch 👇 www.doyen.digital #ERPimplementation #NetSuite #InterimConsultant