Every growing finance function eventually faces a critical decision: whether to continue with an on-premise ERP or begin transitioning to a cloud-based ERP. If your current system is outdated, hard to customise or causing manual workarounds, then the time to act is now.
The Challenge of Staying On-Premise
A large investment bank had been running an older on-premise ERP that lacked customization, was out of vendor support and forced endless manual processes. As a result, the finance team was trapped in data preparation, unable to focus on automation or value-add work. This is a common scenario when an organisation delays transitioning to a cloud-based ERP.
How the Transition Was Managed
First, we evaluated system options and implementation partners, staying completely vendor-agnostic to ensure the best fit. Then, we selected a modern, configurable cloud platform and oversaw the project to deliver faster results, better automation and more accurate data. In addition, process redesign focused on reducing manual tasks in GL, AP/AR, intercompany and banking workflows.
The Outcomes You Should Expect
After transitioning to a cloud-based ERP, the finance team saw:
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Major reduction in manual work as workflows were streamlined
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Improved accuracy and faster reconciliation
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Enhanced visibility into data and operational performance
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A more scalable system aligned with long-term growth
Project timeframe: ~6 months — Estimated ROI: significantly reduced non-value tasks and richer insights.
Why It Matters for Your Business
Doing the transition late can lead to escalating cost, system risk and lost time. But by planning proactively and choosing the right partner, you shift from reactive to strategic. When you begin transitioning to a cloud-based ERP you’re investing in a system that grows with you, supports automation and gives your finance team clarity and agility.
For more information please reach out to us for a no obligation discussion.