By Randy Kardas, CPA, CITP

A powerful enterprise resource planning (ERP) system will be an out-of-the-box solution to your business challenges. Its implementation and use demand the right combination of industry expertise and innovative technology. By leveraging the knowledge of accounting professionals and the capabilities of advanced software solutions, you can unlock the true potential of your ERP system and drive your organization to new heights of success.

Bringing in outside expertise is not easy for some. That makes sense. Everyone wants to be the problem-solver. But one should not equate a lack of knowledge with incompetence. Recognizing this early on will expedite the process of taking action and incorporating valuable partners into your team, ultimately propelling you forward. There are several ways in which partners can contribute to your success. Here are five such examples.

Streamlined Processes and Increased Efficiency

Accounting experts can help identify bottlenecks in your current processes and recommend software solutions that automate repetitive tasks, reduce manual errors, and save time. This allows your team to focus on strategic decision-making and value-added activities, ultimately boosting overall productivity.

Enhanced Reporting and Data Analysis

Advanced software tools, when paired with the guidance of accounting professionals, can provide your organization with real-time access to accurate financial data. This facilitates better decision-making through improved financial reporting, budgeting, and forecasting, leading to more informed business strategies.

Customized Solutions for Your Needs

Every business is different, so a one-size-fits-all approach to ERP systems might not serve your organization's specific requirements. Accounting experts can help you identify the most appropriate software and tailor its features to meet your unique needs, ensuring that your ERP system is perfectly aligned with your business goals.

Improved Compliance and Risk Management

With ever-changing regulations and increased scrutiny, keeping your business compliant can be challenging. Accounting professionals can guide you through the complexities of regulatory compliance and recommend software solutions that streamline the process. This not only helps you avoid costly fines and penalties but also bolsters your reputation in the industry.

Ongoing Support and Training

As your business evolves, so will your ERP system requirements. Engaging experts to provide ongoing support and training ensures your team stays up to date with the latest software and industry best practices. This will build a culture of continuous improvement and helps you maximize the return on your ERP investment.

Don't let an ill-fitting ERP system hold you back from achieving your business goals. Seize the opportunity to supercharge your system with the perfect blend of accounting expertise and cutting-edge software solutions. Reach out to a trusted accounting and systems professional and embark on a journey of transformation, growth, and success!

Randy Kardas, CPA, CITP, is manager, digital platforms and analytics, with Cherry Bekaert Advisory LLC in Lancaster, Pa. He can be reached at randy.kardas@cbh.com.

Sign up for PICPA's weekly professional and technical updates by completing this form.

Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of the PICPA's officers or members. The information contained herein does not constitute accounting, legal, or professional advice. For actionable advice, you must engage or consult with a qualified professional.