195. Financial Transformation Live: Ensuring a Successful Finance Systems Implementation Project

In this episode of CFO 4.0, Hannah Munro, Managing Director of itas, shares her extensive experience in financial transformation and project implementation. Learn how to ensure the success of your next financial transformation project by following best practices and avoiding common pitfalls.
Also covered in this session:
  • A refresher on Kotter’s Change Cycle and how it applies to financial transformation projects.
  • Pre-implementation activities
  • Insights on dealing with team resistance, capacity management, and team buy-in.
  • Key phases of successful financial system implementation
  • Training and testing tips to ensure smooth onboarding and successful adoption of new systems.
  • The importance of data migration and how to ensure accuracy in your new system.
  • How to navigate the go-live phase with a proactive approach and risk management.
  • FAQs on common concerns like hiring external resources, testing schedules, and building super users.
  • What is the change that we’re seeing in finance teams and what does that have to do with value?
  • How do we define value?
  • How value goes beyond economic impact
  • What are the components of economic value identification?
  • Examples of the value identification conversation
  • What this means for the skills in finance
Links referenced in this episode
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