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Is Your Business Software System Helping - or Hindering - Your Company's Growth?

  Howard Goldman, Partner, CFO Edge, LLC  
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  Article Summary  
While conventional wisdom has it that there is no need to make an investment in a new business software system if the current one is working fine, many Los Angeles and Southern California executives do not realize the negative impacts and costs of outdated systems.

Identified in this article are five specific challenges of outdated business software systems, as well as how these challenges hinder efficiencies and competitive advantage.

Also identified are six services a provider of outsourced CFO services can deliver to help management teams accurately assess needs, select and implement the right solutions, and support the implementation to ensure the full potential of an updated system is realized.

Upgrading business software systems can be one of the most cost-effective ways to improve management effectiveness and business performance.

And with affordable options offered by subscription-based SaaS and cloud systems, companies can upgrade with a limited up-front cash outlay along with minimal business disruption if the implementation is managed properly.

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