Software Upgrade Strategy Assistance

The financial system is one of a firm’s biggest administrative financial assets. Firms are increasingly looking to improved efficiencies in back office operations as a means for achieving cost savings and profit improvement. Software upgrades are an integral component of maintaining system stability and efficient business processes.

Optimizing an investment in financial software is an on-going process. Upgrades introduce new features and functionality, eliminate workarounds and apply fixes for known bugs. They may be required to maintain vendor support agreements. An efficient approach to upgrades will award your firm with a competitive edge at little cost and minimal risk.

A deep understanding of industry trends and your software’s functionality, along with proven project techniques, uniquely qualifies Source Consulting Group to guide your firm through the upgrade process. From Source, you can expect:

• Expertise in identifying and explaining new application features available in the upgraded version
• Development of testing plans designed to confirm the basic and advanced functionality of front-end system applications and workflows after the upgrade is complete
• Management and scheduling of staff and 3rd party vendors
• Planning for the recovery of workload which accumulates during system down-time
• Assessment of business risks spurred by technical issues
• Liaison between the Accounting, I.T. and other system user communities throughout the project to ensure the flow of information

Firms which typically require assistance managing an upgrade include:

• Firms with no central figure qualified to assess how feature enhancements can be leveraged by all users
• Firms with a low tolerance for disruption to their business processes
• Firms with no central figure to address the concerns of all user groups
• Firms with no central figure to develop and manage business process testing

Business driven improvements and the efficient use of software are essential to gaining significant returns from your financial system. Source Consulting Group will help your firm in developing a mature use of its current financial system. Utilizing our business process design approach, and understanding of best practices along with industry, software and project management expertise, we are able to assist firms in delivering additional returns from investment in a financial management system.