Gartner Research

Peer Lessons Learned: Implementing Cloud Financial Close Solutions

Published: 13 June 2019

ID: G00402424

Analyst(s): Peer Contributors

Summary

Financial close solutions are typically required by midsize to larger organizations to improve the financial close process. Application leaders can leverage lessons learned from their peers submitted to Gartner Peer Insights to implement cloud financial close solutions successfully.

Table Of Contents

Overview

Peer Lessons Learned

  • Lesson 1: Define Business Needs That Fit Your Short- and Long-Term Goals
  • Lesson 2: Understand Product Capabilities Fully Before Going Live and Investing Time in Planning
  • Lesson 3: Define Your Business Processes Before Implementation
  • Lesson 4: Allocate Time to Correctly Set Up the System
  • Lesson 5: Utilize In-House Expertise for a Successful Implementation
  • Methodology

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