How Acumatica's ERP streamlines financial processes and boosts productivity

It happens to almost every growing business: the accounting system that once did the job starts to feel like it’s slowing you down. Suddenly you’re juggling too many spreadsheets, waiting too long for reports or finding it hard to get a clear picture of how things are really tracking. The frustration increases, as more time is wasted, more mistakes are made and growing with confidence becomes difficult. This is usually the point where businesses start looking at business management systems such as MYOB Acumatica or Exo. We’ve seen firsthand how the right system gives businesses real visibility, connects the moving parts of the business and takes away your biggest accounting system pain points. If this sounds familiar, it might be time to ask whether your system is helping your business move forward or holding it back. #businessgrowth #erp #erpsystem #businesssystems #accountingsoftware #financemanagement #sme #smallbusiness #businessowner #businessefficiency

In the latest issue of PSC’s Service Contractor Magazine, we’re spotlighting how Professional Services firms can transform operations with a smarter, cloud-compliant ERP. Read more: https://hubs.la/Q03G-s490 From project tracking to real-time billing, Cognitus is helping contractors streamline delivery and scale with confidence. #ProjectTracking #CloudERP #ProfessionalServices #Compliance #ProjectBilling

Are you spending hours chasing invoices? We see too many businesses who rely on this as their cash flow strategy. In most cases, invoice chasing isn’t the root problem. It is caused by disconnected systems- usually a patchwork of accounting software, spreadsheets and paper trails. This is when ERP systems, like MYOB Acumatica, become invaluable: ▪️ Automatically tracks receivables ▪️ Flags overdue accounts ▪️ Gives you a real-time view of your cash position Spend less time chasing and more time making decisions to grow your business. #cashflow #erp #erpsystems #businessgrowth #smb #myobacumatica

Stop “lift-and-shift” ERP implementations. If you copy legacy workflows into a new system, you’re paying for tomorrow’s tech to run yesterday’s business. The real ROI comes from redesigning processes, elevating data quality, and bringing people along for the change. In past rollouts, I’ve seen teams pause and re-map end-to-end cycles (P2P, O2C, R2R) before configuring the ERP. The result? Faster closes, fewer manual workarounds, cleaner audits, and a finance team that spends more time analyzing and less time reconciling. A simple playbook for finance leaders: - Define outcomes first: What will success look like in metrics? (Close days, DSO, first-pass match rate, forecast accuracy) - Reassess workflows: Streamline approvals, remove duplicate handoffs, and add controls where risk demands it. - Make data trustworthy: Establish owners, a finance data dictionary, and reconciliation rules before migration. No trusted data = no trusted decisions. - Lead change actively: Involve super-users early, communicate the “why,” and reward adoption—not just go-live. - Iterate in phases: Pilot, learn, and expand. Complex tools should simplify daily work for users and customers, not add friction. Questions to consider: - Which legacy process are you refusing to carry into the new ERP? - What’s your one “north star” KPI for the implementation? - Where will resistance show up—and how will you motivate stakeholders to lean in? If you’re planning an ERP in the next 6–12 months, build the design around decisions and data—not just screens and roles. Done right, your ERP becomes an engine for operational excellence and better customer outcomes. 🚀 #ERP #FinanceTransformation #Accounting #FPandA #FinancialAnalysis #CFO #DataGovernance #ChangeManagement #DigitalTransformation #BusinessSystems #OperationalExcellence #OrderToCash #ProcureToPay #RecordToReport

💡 Take Full Control of Your Finances! Your financials are more than records—they’re your roadmap for growth. With SAP Business One, you not only automate transactions but also unlock insights, all within one unified platform. Cash flow forecasting, performance dashboards, and multi-currency support ensure your business stays agile, compliant, and profitable in a fast-changing world. Say goodbye to guesswork and hello to finance as a strategic partner in your success. 🚀 ➡️ Are you ready to grow your business with financial confidence? 𝐕𝐢𝐬𝐢𝐭 𝐨𝐮𝐫 𝐰𝐞𝐛𝐬𝐢𝐭𝐞 𝐭𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞: https://lnkd.in/dfJtHFQs #SAPBusinessOne #ERP #SMEs #AccelerateGrowth #Accounting #FinancialManagement

You can't scale your business if your foundation is cracked. ERP isn’t just a technology investment—it’s your new infrastructure. Done right, it supports finance, compliance, reporting, and operations at scale. Done wrong, it bleeds value from the minute you go-live. We recently completed a multi-brand consolidation for a handful of recent acquisitions for one of our clients into single ERP instance. Here are some of key takeaways that are often overlooked: (1) ERP impacts everything: finance, compliance, reporting, operations (2) Tech debt isn't just annoying—it's a threat to visibility and growth (3) A great ERP design reflects your operating model, not the other way around Treat ERP like you’d treat the physical infrastructure of a plant or distribution hub—because it’s what enables everything else to run. #TechM&A #DigitalTranformation

ERP Promises vs. Finance Reality ERP projects are often sold to boards as silver bullets: automation, integration, efficiency. But in reality, many implementations leave finance teams with more headaches than solutions — delays, cost overruns, and reporting gaps. Here are 6 common ERP pitfalls — and how finance can guard against them: 1. Over-promised automation → Risk: Boards expect “touchless” finance, but reconciliations and adjustments still sit outside the ERP. → Fix: Define clear automation KPIs (e.g., % of reconciliations automated) before sign-off. 2. Underestimated data migration → Risk: Poorly cleansed legacy data cripples reporting in the new system. → Fix: Run parallel cleanses and trial uploads well before go-live. 3. Generic templates vs. finance reality → Risk: Off-the-shelf ERP setups don’t match local accounting rules or board reporting needs. → Fix: Involve finance early to tailor chart of accounts, reporting packs, and compliance requirements. 4. Cost and time overruns → Risk: 60–80% of ERP projects run over budget or behind schedule. → Fix: Stage the rollout by function; track ROI on each phase, not just final delivery. 5. Weak change management → Risk: Staff bypass the system with Excel workarounds, eroding ROI. → Fix: Invest in training, adoption champions, and enforce system-first discipline. 6. Lack of post-go-live support → Risk: Once consultants exit, finance teams are left with unresolved system gaps. → Fix: Build internal “super user” capability and secure long-term support contracts. An ERP system won’t transform finance unless finance drives the transformation. Is your ERP project designed around IT ambitions — or finance realities? #CFO #Leadership #ERP #FinanceTransformation #BoardroomInsights

The Growing Need for ERP & Accounting Software As businesses expand, managing operations with spreadsheets and disconnected tools becomes increasingly difficult. This is where ERP and accounting software play a critical role in modern business management. Key reasons driving this shift: 1️⃣ Operational Efficiency – Automates routine processes, reducing time and errors. 2️⃣ Data Accuracy & Transparency – Provides a single source of truth for financial and operational data. 3️⃣ Real-Time Decision Making – Enables managers to analyze performance instantly with dashboards and reports. 4️⃣ Scalability – Supports business growth without adding unnecessary complexity. 5️⃣ Compliance & Control – Strengthens governance through built-in accounting and regulatory features. 📌 In today’s competitive environment, adopting ERP or accounting software is no longer just a technology upgrade — it is becoming a strategic necessity for sustainable growth. #Learning #ERP #Accounting #DigitalTransformation #BusinessStrategy

Why are ERP projects often considered among the riskiest and most uncertain? Perhaps it's the potential for delays and cost overruns that loom large. One firm commits to a fixed fee model, absorbing the costs of delays to shield their clients. Their focus extends beyond billable hours, prioritizing client relationships and needs. The true measure of success for an ERP implementation isn't just the go-live day, but the six months that follow. To that end, six months of support are incorporated into their fixed fee model. A key takeaway? Sometimes, taking on risk can be the biggest differentiator and value-add. Curious if anyone else has experienced this or would love your perspective on risk vs. reward. #ERPImplementation #ProjectManagement #RiskManagement #ClientRelationships #FixedFeeModel