Resources for Federal Financial Institutions Examination Council (FFIEC)

IT's Role in Finance System Implementation

www.dmreview.com

The selection and implementation of a new finance system is one of the most critical IT decisions you and your organization will ever make. It is one of the few times when IT and finance are required to work together as a project team, so roles and boundaries need to be clearly defined. This partnership is vital to ensuring the success of the project.

Finance system replacements are relatively infrequent, so it's quite normal for little or no experience to exist within the organization. As an IT professional, you will have overseen numerous successful technology implementations, but how do you strike the right balance of collaboration with the finance team if they don't understand what your involvement is?

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