Have you wondered whether you are getting the most out of your current financial software?

Have you questioned if you were paying too much?

Have you been concerned your partner chose the right system for your specific business goals?

You are not alone.

Whether you’re searching for a new partner to support your financial software system or confirmation that you are already on the right track, Rand Group has got you covered. Our full-scale assessments of your Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) systems can give you the insight you’re looking for to help you rest assured that your business strategy is intact.

No matter your situation, here are three ways that our assessment package can set you up for success:

A routine health check.

Digital Disruption

It is no surprise that it is becoming increasingly harder to keep up with the pace of change in today's competitive environment. A greater move towards digitization is driving disruption across almost all industries. A report released by the Global Center for Digital Business Transformation found that 4 out of today's top 10 business leaders in each industry will be displaced by digital disruption in the next five years. This disruption takes the form of a vortex, where industries are inevitably moving toward a digital center where business models and offerings are digitized to the maximum extent possible.

The common misconception that small or medium businesses fall victim to is believing they don’t need a sophisticated Enterprise Resource Planning (ERP) system. While many believe that ERP systems only benefit larger businesses, small and medium-sized business can reap the same benefits. An ERP implementation within your organization could mean increased productivity and streamlined processes that would enhance your customers’ experience. It is the perfect step to setting yourself up for future growth.

The growth of internet of things (IoT), which is the transmission of data through multiple, interconnected computing devices that we use every day, has given businesses access to an avalanche of new information. However, many aren’t equipped to manage this onslaught of information, and solutions are often targeted for a specific device. Getting all your devices on the same page to get an all-encompassing picture of your business can be daunting. But what if there was a tool that could sync all of your devices in real-time?

Microsoft Dynamics NAV is an ERP system designed for small-to-medium sized businesses. It has been a key player in the ERP market for over three decades, offering companies a way to manage their financials, operations, supply chain, manufacturing, sales, and service. It is a customizable software that is often tailored to match companies unique requirements and processes. 

Executives have to ask themselves "Are my numbers accurate?"  more and more every year as financial complexity increases. With an influx of fraud cases, it's no wonder CFOs and CPAs alike are finding it harder and harder to sleep at night.