FSN whitepaper uncovers risks of aging accounting systems

Harrogate, UK – 17 July, 2012: FinancialForce.com, the cloud applications company, today announced the availability of a whitepaper by financial systems ‘thought leader’, FSN Publishing Limited, “Is it time to replace your old accounting system?”, which argues that companies still using legacy systems in lieu of the cloud are being left behind.

“Businesses are littered with legacy financial management and ERP systems that were designed for a different era. Their design is inflexible to change and does not suit the way in which businesses work in practice,” said Gary Simon, Group Publisher of FSN Publishing Limited. “Their continued operation poses a risk and does not allow businesses to respond to today’s more volatile economy. They are largely incapable of being upgraded to take advantage of the strides that have been made in the Cloud.”

The whitepaper provides eight important reasons for moving to the Cloud and a step by step guide on migrating to a cloud accounting solution. The legacy accounting systems whitepaper can be downloaded free from FinancialForce.com.

“The FSN whitepaper addresses what we’ve been hearing from accounting and finance leaders – that moving to the cloud is not a question of ‘if’ but ‘when’,” said Tom Brennan, VP, Product Marketing, FinancialForce.com. “The cloud represents unchartered waters for many. This whitepaper clearly lays out how it offers enormous potential for improving productivity and organizational effectiveness in the accounting and finance departments. It’s a must read for companies considering making the switch.”

Gary Simon presents findings live at The Churchill War Rooms Tuesday 24th July.

Gary will present his findings during a half day briefing hosted by FinancialForce.com. Additional speakers include organizations that have already moved their back office systems to the cloud and salesforce.com, the undisputed leader in cloud platform technology. This event will give companies all the tools they need to navigate choosing a new accounting solution. 

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