Gartner Research

Understand the Costs Beyond Hardware and Software When Estimating Financial Management Projects

Published: 30 July 2013

ID: G00219168

Analyst(s): John Van Decker

Summary

Many of the costs in a financial management application implementation are not solely software-based. These should be considered business process projects, and most will require significant work to integrate into your business processes.

Table Of Contents

Analysis

  • Use a System Integrator to Help Build a Business Case for an FM Application Initiative
    • Working With Professional Services Organizations to Build a Business Case
    • Scope Phase
    • Feasibility Phase/Business Case
  • Understand Direct Project Costs in an FM Applications Implementation
    • Detail Design
    • Chart of Accounts Redesign
    • Consolidation of Finance Organization Processes
    • Interface/Conversion Planning
    • Development of Standards

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