126. Financial Transformation Live: Top Tips Before Starting Your Finance Systems Implementation Project

This episode of the CFO 4.0 podcast is taken from our recent Financial Transformation Live session! Host and Managing Director at itas, Hannah Munro, discusses the challenges and best practices for implementing new finance systems. Drawing from her extensive experience, Hannah offers valuable insights and guidance on how to effectively manage change in the finance department.
Also covered in this session:
  • Understanding the change cycle: Pre-implementation activities to set up for success.
  • Phases of a successful implementation project: How to avoid common pitfalls and optimise outcomes.
  • Ensuring open communication: Encouraging constructive feedback and addressing concerns.
  • Focusing on outcomes, not inputs: Aligning objectives with the desired end results.
  • Avoiding scope creep: Being ruthless in prioritising and managing project phases.
  • Building capacity for change: Allowing teams to recover and feel the benefits of change.
  • 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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