Making the jump to a Cloud-based accounting solution is a big change.The magnitude of this change may be off-putting for those thinking of switching. Also, there may be a lack of clarity around what the new system will be used for. Another challenge is that it can be difficult for those in the finance department to find the time to put Cloud implementation into motion, as they’re so bogged down with recurring manual tasks (which, ironically, the Cloud would solve).
Getting buy-in from the relevant stakeholders is a key hurdle to overcome too. Those at the top may not be convinced about the return on investment, while members of the finance team may be comfortable with existing processes. There’s also a chance the existing infrastructure won’t be suitable for the new Cloud-based system, meaning even more changes are required. And long-term employees perhaps won’t have experience with this type of technology, so onboarding sessions would be required to get them up to speed.
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