UPGRADES COMING SOON
When CFOs expect their next financial system upgrade*:
| 33% Within one year |
| 43% One to two years |
| 16% Three to four years |
| 2% Five years |
| 7% Not planning to upgrade within five years |
Why CFOs plan to upgrade their system**:
| 62% Optimize performance |
| 52% Access the newest features and offerings |
| 50% Enhance security |
| 43% Make it easier for employees to use |
| 37% Reduce or eliminate reliance on legacy systems |
| 1% Other |
6 Steps for a Successful Financial System Upgrade
| #1 Conduct a pre-process analysis of business objectives and needs |
| #2 Secure executive buy-in and support |
| #3 Identify the project team, including outside experts needed |
| #4 Facilitate a collaboration between finance, IT and other affected functions |
| #5 Conduct a thorough change management program |
| #6 Provide training to employees |
Source: Robert Half survey of more than 1,100 CFOs in the United States
*Responses do not total 100 percent due to rounding.
**Multiple responses allowed.
© 2019 Robert Half International Inc. An Equal Opportunity Employer M/F/Disability/Veterans.
