[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.the-future-of-commerce.com\/2021\/12\/10\/accounting-finance-erp-benefits\/#BlogPosting","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2021\/12\/10\/accounting-finance-erp-benefits\/","headline":"In tech we trust: How modern finance ERP is transforming the industry","name":"In tech we trust: How modern finance ERP is transforming the industry","description":"Enterprises today look to their finance leaders to continuously transform finance functions and help the business run faster.","datePublished":"2021-12-10","dateModified":"2025-02-10","author":{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/contributor\/neil-krefsky\/#Person","name":"Neil Krefsky","url":"https:\/\/www.the-future-of-commerce.com\/contributor\/neil-krefsky\/","identifier":601,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/f0e6e9db65def87e49b6fa9c5f79385d2129e9ce8086d028c4200065b368b345?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f0e6e9db65def87e49b6fa9c5f79385d2129e9ce8086d028c4200065b368b345?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Future of Commerce","logo":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","width":172,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2021\/12\/Transform-Finance_1200x375.jpg","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2021\/12\/Transform-Finance_1200x375.jpg","height":375,"width":1200},"url":"https:\/\/www.the-future-of-commerce.com\/2021\/12\/10\/accounting-finance-erp-benefits\/","about":[{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/","name":"Commerce","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Commerce","http:\/\/www.wikidata.org\/entity\/Q26643"]},"ERP",{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/finance\/","name":"Finance","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Finance","http:\/\/www.wikidata.org\/entity\/Q43015"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/intelligent-enterprise\/","name":"Intelligent Enterprise","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Intelligent_enterprise","http:\/\/www.wikidata.org\/entity\/Q6044119"]}],"wordCount":580,"keywords":["Customer Trust","ERP | Enterprise Resource Planning","Finance Technology","Intelligent ERP"],"articleBody":"If money is the lifeblood of an organization, finance is its heart \u2013 and that heart is always racing. Racing to re-evaluate costs, cashflow, and liquidity; racing to adapt to remote and hybrid work; racing to build sustainability into every decision; and, quite honestly, racing to stay ahead of the next round of unknowns.True, these challenges don\u2019t all fall on finance, but finance is and should be at the center of those changes. And as organizations reflect on lessons learned in the past, they want to see finance chart the course ahead \u2013 because it\u2019s your job to transform finance and clear a path for growth.      Not your father’s ERP: A blueprint for digital transformation                With an intelligent ERP, a company can embark on a digital transformation strategy to set them up for the future of business \u2013 in five steps.      Finance ERP: Transformation is the new status quoGrowing, or at the very least keeping pace with your peers, isn\u2019t something you can do if you do things the way you\u2019ve always done them.Successful, sustainable businesses build adaptability into their processes, and flexibility into once-rigid requirements. They\u2019ve learned that change is the only way forward and that one-time adjustments are never going to be enough.As finance leaders, you\u2019re now in charge of continuously transforming finance functions, so you can continuously transform your company.Take something as fundamental as ERP, for example. It\u2019s there, and it works fine. But what if you somehow had a more intelligent ERP solution \u2013 one that’s:Always onAlways getting betterAlways ready to drive business innovationsWhat if your ERP had the capacity to grow as your company grew and was capable of tackling new problems, defining new business models, and adapting to new markets in an instant?What if you could always be improving \u2013 with the speed and flexibility to move your business forward faster?      The secret benefits of ERP, revealed                ERP has come a long way. Discover how ERP with advanced technologies like cloud, AI and automation can help businesses be more agile, flexible, and productive.      In tech we trust: The finance ERP revolution is here\u00a0A growing finance trend is harnessing intelligent technologies to increase productivity and, as mentioned above, speed. So you can grow both quickly and profitably.According to Deloitte research sponsored by SAP, finance leaders are taking the lead in implementing new tech tools for all elements of financial management. That’s so they can restructure everything from work processes in a decentralized workforce to how they handle changing regulations, vendor relationships, and business travel patterns.It\u2019s the modernization many finance leaders have been talking about for some time, but now it\u2019s here, and it\u2019s helping organizations make real-time processes and workflows a reality. It\u2019s creating versatile technology infrastructures that can adapt to virtually any challenge.And it\u2019s closing data and workflow gaps by bringing every critical finance function together in one place with one consistent experience.It is, in a very real sense, a financial revolution. But it isn\u2019t a one-and-done deal. Constant improvement\u00a0is\u00a0the new normal, and every AI, machine learning, automation, or other tool you can use to continually refine your processes is a tool you want in your arsenal.Because you don\u2019t simply want to be as good as you were yesterday.  Intelligent ERP.Endless innovation. No matter your business need, 425,000+ customers agree: Cloud transformation starts\u00a0HERE."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2021","item":"https:\/\/www.the-future-of-commerce.com\/2021\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"12","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/12\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"10","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/12\/\/10\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"In tech we trust: How modern finance ERP is transforming the industry","item":"https:\/\/www.the-future-of-commerce.com\/2021\/12\/10\/accounting-finance-erp-benefits\/#breadcrumbitem"}]}]