We have all heard these excuses from friends or loved ones that are Chief Financial Officers of a major organization:
“Sorry I can’t make it to dinner tonight, I am stuck at the office with a deadline!”
“Hey, I am going to be about two hours late; stuck working on projections for next quarter.”
“Ugh, sorry I can’t go to brunch, I am actually at the office! Yes, I know it is Sunday, I don’t have enough hours in the day.”
We all know that workaholic CFO, but being a workaholic isn’t necessarily the best long-term strategy. Yes, there are times in all our careers when we must work 80 or 90 hours a week and forgo other things but striking that healthy work-life balance is essential to the success of any company, large or small.
At Altruas, we work with CFOs daily, sometimes under stressful circumstances, and implementing accounting software is no easy feat. We see them (and their teams) literally burn the midnight oil. 9 out of 10 times they are implementing while still performing their daily financial activities. Being a workaholic during this time is sometimes unavoidable. What
gives us comfort is knowing that they are laying the groundwork for a solution that will help them work smarter and think more strategically.
When a CFO or Controller engages with us there usually is a breaking point. There might be something fundamentally wrong with how their current accounting solution is operating, causing too much manual efforts, or their business has changed dramatically, etc.
By reducing that manual effort and automating systems with an ERP such as Sage Intacct, we give finance teams the ability to allocate their time on projects that might have gone by the wayside or give them the opportunity to learn something new. The saying, time is money, is very true.
Investing in the right processes and laying the groundwork for more effective financial management can save you in the long-run.
You can’t build a building without a solid foundation, the same is true for your business. If your current accounting processes are filled with hours of manual work, slowly killing you or your team, it might be time to invest in a new ERP system. Ask yourself:
- Do you spend hours in Excel?
- Do you find avoidable errors that could be
eliminated with automation?
- Do you want to have a shorter month-end?
- Do you spend days gathering data and creating
If you’ve answered yes to any of the above, you are ready to start the process of finding a better accounting solution like Sage Intacct. The next step? Contact us for a free consultation at firstname.lastname@example.org or call 844-TX-CLOUD!