Cloud ERP Evaluation: An

ROI Driven Checklist for CFOs

CFOs should consider several factors when considering migrating to a new ERP solution. Think beyond just cutting costs and growing efficiencies when evaluating potential ROI Ask:

What are your implementation goals?

Gaining insight on what you are looking for early on will set the stage for the right decisions on features & functionality going forward so you start off on the right foot.

What business value does ERP bring?

It’s crucial to look at how ERP will help your company achieve its business strategy. What tools are needed to meet your goals?

What is the total cost of ownership?

Seek the clearest answer possible and always leave room for budget adjustments.

Every day benefits and experience?

Knowing what your users’ pain points are and how ERP will solve them will drive participation and excitement during implementation.

System scalability & adaptability?

Think about the future growth of your business, as well as any seasonal patterns that may occur.

Fully up-to-date cloud capabilities?

Ensure that the ERP system you go with is written for the cloud not just hosted in the cloud. If it isn’t, you won’t get the full benefits of modern cloud ERP.

Compatibility with other systems?

The ERP system needs to be compatible with the software your company currently uses, such as CRM, CX, EPM and more.

Who will handle implementation?

Make sure that you put together a team of experts to handle the entire process and ensure it goes smoothly.

How will you maintain and manage?

Microsoft Dynamics 365 Finance is an evergreen solution, but you still need an experienced partner to ensure you are making the most of each new release.

How to ensure necessary user training?

Plan for training to ensure that you get the most out of your investment.