{"id":8639,"date":"2022-04-05T06:30:46","date_gmt":"2022-04-05T04:30:46","guid":{"rendered":"https:\/\/www.sqorus.com\/how-to-evolve-your-companys-financial-information-system\/"},"modified":"2024-07-31T10:05:52","modified_gmt":"2024-07-31T08:05:52","slug":"how-to-evolve-your-companys-financial-information-system","status":"publish","type":"post","link":"https:\/\/www.sqorus.com\/en\/how-to-evolve-your-companys-financial-information-system\/","title":{"rendered":"How to evolve your company&#8217;s financial information system?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;0px||0px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_text_color=&#8221;#2029A0&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Modernization of tools within the framework of digitalization<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; header_2_font=&#8221;|700|||on|||RGBA(255,255,255,0)|&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong> <\/strong>The <strong>digital transition<\/strong> is causing companies to rethink the way they use their commercial, accounting and financial tools. These developments take account of new customer demands and business processes:<\/p>\n<p><strong><\/strong><\/p>\n<ul>\n<li><strong>development of mobility<\/strong> via mobile applications<\/li>\n<li><strong>increasing and diversifying data sources<\/strong> by leveraging big data, in particular through scoring<\/li>\n<li><strong>development of business intelligence tools<\/strong> to support decision-making and project management through dashboards.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.sqorus.com\/conseil-en-strategie-evolution\/&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Learn more about our CHOICE HELP offer&#8221; button_alignment=&#8221;center&#8221; module_class=&#8221;Bouton fond_orange&#8221; _builder_version=&#8221;4.27.0&#8243; button_icon=&#8221;&#x35;||divi||400&#8243; button_icon_color=&#8221;#ffffff&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_text_color=&#8221;#2029A0&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>A combination of rationalization and renovation<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; header_2_font=&#8221;|700|||on|||RGBA(255,255,255,0)|&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Information systems are becoming less scalable as they face a number of constraints:<\/p>\n<ul>\n<li>increasingly complex architecture<\/li>\n<li>presence of old software with sometimes obsolete languages<\/li>\n<li>difficulties in maintaining application consistency<\/li>\n<\/ul>\n<p>To reduce operational risks, it is important to develop the company&#8217;s overall information system by rationalizing it and upgrading some of its functional components.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_text_color=&#8221;#2029A0&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>An unavoidable evolution of ERP<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; header_2_font=&#8221;|700|||on|||RGBA(255,255,255,0)|&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>ERP simplifies software organization, streamlines information exchanges, complies with IFRS standards and automates financial flows, with the aim of facilitating back-office work. The advent of new technologies doesn&#8217;t herald the end of ERP as a major financial management tool, but it does give us a glimpse of its possible future: &#8220;&#8230;<\/p>\n<ul>\n<li>free from infrastructure constraints thanks to cloud hosting<\/li>\n<li>specialization by trade, coupled with easy interfacing with other tools<\/li>\n<li>use of artificial intelligence to evolve and adapt to user habits.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.sqorus.com\/conseil-en-change-management\/&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Discover our CHANGE MANAGEMENT offer&#8221; button_alignment=&#8221;center&#8221; module_class=&#8221;Bouton fond_orange&#8221; _builder_version=&#8221;4.27.0&#8243; button_icon=&#8221;&#x35;||divi||400&#8243; button_icon_color=&#8221;#ffffff&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_text_color=&#8221;#2029A0&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>An organizational change to optimize costs<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.0&#8243; header_2_font=&#8221;|700|||on|||RGBA(255,255,255,0)|&#8221; custom_padding=&#8221;||5%||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In order to help the various departments achieve their objectives through innovative solutions, the IT department, which plays a key role in driving change, needs to rethink the way its technical and project management teams operate, using a number of levers:<\/p>\n<ul>\n<li>improved time-to-market for ideas<\/li>\n<li>more precise management of project costs, from build to run<br \/>greater use of external resources<\/li>\n<li>selection of Agile-type iterative and collaborative approaches<\/li>\n<\/ul>\n<p>Faced with technological innovation, the financial IT system needs to reorganize itself, both in terms of teams and software, to effectively integrate new tools based on the cloud, business intelligence and big data.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; 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_builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;30px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>CFO and CIO: how to make a success of your Finance ERP project?<\/h2>\n<p>[\/et_pb_text][et_pb_text module_class=&#8221;FondBleu&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;||||||||&#8221; text_text_color=&#8221;#d6d8f4&#8243; text_line_height=&#8221;30px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Get all the keys you need to successfully implement your ERP Finance project in complete security and involve the right stakeholders in your company. Boost your finance function with a high-performance ERP!<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;http:\/\/hs-cta-trigger-button%20hs-cta-trigger-button-87453666285&#8243; url_new_window=&#8221;on&#8221; button_text=&#8221;Download&#8221; button_alignment=&#8221;left&#8221; button_alignment_tablet=&#8221;center&#8221; button_alignment_phone=&#8221;center&#8221; button_alignment_last_edited=&#8221;on|tablet&#8221; admin_label=&#8221;Bouton de t\u00e9l\u00e9chargement&#8221; module_class=&#8221;Bouton Fond_blanc&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;15px&#8221; button_text_color=&#8221;#f36145&#8243; button_bg_color=&#8221;#FFFFFF&#8221; button_border_width=&#8221;1px&#8221; button_border_color=&#8221;#f36145&#8243; button_border_radius=&#8221;50px&#8221; button_font=&#8221;||||||||&#8221; button_use_icon=&#8221;off&#8221; custom_margin=&#8221;20px||||false|false&#8221; custom_padding=&#8221;13px|25px|13px|25px|false|false&#8221; custom_css_free_form=&#8221;selector:hover{||  background-color: #FFF6F5 !important;||}&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.19.1&#8243; _module_preset=&#8221;default&#8221; global_module=&#8221;13406&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Also in our &#8220;ERP Finance&#8221; section<\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"https:\/\/www.sqorus.com\/logiciel-erp-definition\/\">ERP software definition: what is an ERP?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/utilite-solution-erp-fonction-finance\/\">What is the use of an ERP solution for the finance function?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/erp-finance-que-devez-vous-savoir\/\">ERP finance: what do you need to know as a finance manager?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/avantages-d-un-erp-pour-la-fonction-finance\/\">CFO: what are the advantages of an ERP for the finance function?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/logiciel-finance-quel-erp-choisir\/\">Finance software: which ERP to choose for your company?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/erp-postmoderne-le-bon-choix\/\">Postmodern ERP: the right choice for your company?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/envisager-une-solution-erp-postmoderne\/\">Should you consider a Postmodern ERP solution?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/enjeux-dun-erp-post-moderne\/\">The challenges of a post modern ERP<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/erp-post-moderne-la-checklist\/\">Post-modern ERP: the checklist<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/aide-au-choix-erp-finance\/\">Help in choosing ERP finance: why use a firm?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/les-grands-challenges-des-dsi\/\">What are the major challenges facing CIOs today?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/optimiser-la-gestion-des-processus-administratifs\/\">Optimize the management of administrative processes with an ERP solution<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/les-erp-dans-le-cloud\/\">Why do cloud ERP&#8217;s tend to continue to grow?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/big-data-management-analytics-erp\/\">Big data, data management, data analytics and ERP: what are we talking about?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/erp-finance-assurer-la-securite-des-donnees\">ERP finance: how to ensure data security?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/mettre-en-place-un-projet-erp-finance\/\">CFO and CIO: how to implement a successful finance ERP project?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/projet-erp-finance-qui-doit-etre-implique\/\">ERP finance project: who should be involved in the company?<\/a><\/li>\n<li><a href=\"https:\/\/www.sqorus.com\/phases-implementation-projet-erp\/\">The different implementation phases of an ERP project<\/a><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section &#8211; Contactez nous&#8221; module_class=&#8221;Fond_bleu Fond_icone&#8221; _builder_version=&#8221;4.26.1&#8243; custom_margin=&#8221;2rem||5rem||false|true&#8221; custom_margin_tablet=&#8221;4rem|40px|4rem|40px|true|true&#8221; custom_margin_phone=&#8221;|20px||20px|false|true&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;3rem||3rem||true|false&#8221; global_module=&#8221;31205&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row make_equal=&#8221;on&#8221; admin_label=&#8221;Text block&#8221; module_class=&#8221;LargeurBox&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;fade&#8221; locked=&#8221;off&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;|9rem||9rem|false|true&#8221; custom_padding_tablet=&#8221;|0rem||0rem|false|true&#8221; 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A request?A question?<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Texte&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#d2d4ec&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;35px&#8221; text_orientation=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Contact us today and find out how we can work together to make your company&#8217;s digital future a reality.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.sqorus.com\/en\/contact\/&#8221; button_text=&#8221;Contact SQORUS&#8221; button_alignment=&#8221;center&#8221; module_class=&#8221;Bouton fond_orange&#8221; _builder_version=&#8221;4.25.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;30px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An effective digital transition implies a gradual change in the financial information system to integrate all new tools.<\/p>\n","protected":false},"author":54,"featured_media":6328,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[389],"tags":[],"metiers":[224],"sujet":[217],"class_list":["post-8639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-finance-en","metiers-finance-en","sujet-advisory-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to evolve your company&#039;s financial information system? 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