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5 Signs Your Accounting System is Holding You Back

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Have You Outgrown Your Old Accounting System? 4 Sign No. 1: You're on an Old Accounting System Release With so many pressing responsibilities, it's no surprise that many finance departments aren't necessarily laser-focused on the state of their so ware infrastructure. In fact, it's not uncommon to find companies that haven't touched their accounting systems for years. But that benign neglect can mask significant risks. An outdated—perhaps even unsupported—so ware platform can translate into reliability and downtime problems and security vulnerabilities� And the costs of maintaining a legacy system quickly increase� Is Your Accounting System Failing You? It's easy to feel trapped� Companies that are saddled with outdated accounting systems find that upgrading their legacy so ware is too difficult, costly, and time-intensive. There's "no easy way up" because they o en lack the IT resources to upgrade related so ware, databases, and operating systems that are required for the upgrade� Additionally, they need to rewrite customizations and integrations� The result: many companies forego the cumbersome upgrade process and "make-do" with the risks and inconveniences of outdated so ware. And even when they do bite the bullet and upgrade, they find the updated accounting system still lacks key features, requiring them to continue with the workarounds� of Sage Intacct customers report they reduced the technical burden of maintaining financial applications by moving to Sage Intacct. What Best-In-Class Financial Management Solution Offers A best-in-class financial management solution ensures you'll always have the latest release� Be sure to look for: • Touch-free upgrades deployed and managed by the vendor—no IT resources needed. • Faster deployment and virtually zero unplanned downtime to accelerate your ROI. 83% The Savvy Evaluator: Not all cloud financial management solution seamlessly maintains customizations from older releases. Find out how frequently your vendor releases new versions and the how upgrades are managed�

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