Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

The Nuts and Bolts Approach

to Selecting the Right

Technology

• Recognize how to understand the short term and long term

financial technology needs of your company

• Understand how to perform a GAP analysis relative to what

your systems are currently able to do versus what they need

to be able to do

• Identify how to prioritize the functional requirements identified

by your GAP analysis by business process area

After attending this event you will be able to:

Learning Objectives

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Welcome to Proformative

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

The Nuts and Bolts Approach to

Selecting the Right TechnologyWayne Spivak, President, SBA * Consulting

Len Green, Senior Management Consultant, BT Partners

• Business Strategy

• Functional Requirements

• Technical Requirements

• Research & Qualify Vendors

• Software Demonstration

• Budget and Business Case

• Vendor Assessment

What Software Selection Experience is there in your organization?

Today

Selecting the Right Technology

• Planning your Project

• Business Strategy

• Functional Requirements

• GAP Analysis

Agenda

Selection Implementation

The of Software Selection

1oz

1 lb

The of Software Selection

• “We need a new system, but how do we select the right one?”

• Why do you think you need a new system?• How will the system benefit/impact you? • What are the steps?• What are the risks? • What will it cost?

MRP

FSM

PSA

HR/PRContent

Mgmt.

ERPCRM/

SFA

CPM

& BI

E-commerce

The of Software Selection

Paradigm Changes

Best of Class Suite

Integrate

“add-on’s” as

needed; create

your own system

Pre-packaged,

limited choice and

possibly limited

“add-on’s”

We need a new system….

Why do you think you need a new system?

• IT issues

– The system isn’t made for your transactional level

– The architecture of the system is outmoded/end of life

– Vendor is at risk (too small, being acquired)

• Productivity

– You are spending too much time in Excel files vs analyzing data

– It takes too long to get information

• Organizational Change

– Your business model has changed- new products/markets, acquisitions

– Your organization structure is not supported by your system

– Your system lacks the ability to “add-on” new systems/functionality

How will the system benefit/impact you?

• Will it increase productivity?

• Decrease error rate?

• Enable you to “add-on” systems (“Best in Class”)

• The system is at the beginning of its lifecycle

• Enable you to roll your system out to disparate users

We need a new system….

Thank you for your interest in this presentation.

View the on-demand webinar or download the full

presentation at:

www.Proformative.com

The Nuts and Bolts Approach to Selecting the

Right Technology