Sep 1, 2022 | 5 min read

Mission Possible: Close Your Books In 5 Days or Less

10 Criteria to Select and Compare ERP Vendors

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How long does it take your business to close the books? Have you tried automating processes in the past? What would you have your teams working on instead of closing the books?

If it happens to your team taking 10 days or more to close the books, you’re not alone. You are, however, falling behind nimbler competitors automating their way to a continuous close that delivers fresh financial insights on demand.

CFOs need to do better. Shortening the financial close is no longer a “nice-to-have.” Rather, it is a competitive necessity. Businesses need accurate numbers delivered on time, preferably without so much legwork from the finance team.

The good news? We have a plan. In this business guide you’ll learn:

  1. How to build a close command center.
  2. Why standardized workflows are fundamental.
  3. Six troubleshooting steps to root out inefficiencies.

Choosing the Right ERP Vendor

Growing businesses are increasingly turning to ERPs based in the cloud, such as NetSuite ERP, which automates and integrates many core processes without the upfront costs required when deployed on-premises. From a single NetSuite ERP application, businesses can manage accounting, inventory, orders, manufacturing, supply chain, and warehouse operations with companywide visibility of operations and data. NetSuite ERP also integrates with other NetSuite business applications, such as ecommerce and CRM.

Choosing the Right ERP solution provider

Vantis is your right solution partner! With our expertise and industry best practice experience, we helps customers define their key problems and solve difficult technical challenges. From planning, operation processes and workflows, system integration, implementation, support and training. We will help you make the right decision for your company.

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