Lack of financial visibility hinders insightful decision making, which in turn harms company performance. Financial Management Systems (FMS) are designed to solve these problems by getting you the financial information you need quickly, reducing manual effort, increasing efficiency, and allowing you to respond and excel in all types of environments.

Purchasing a new FMS is no small task. Much consideration must be given to choosing the right vendor and platform for your organization. Keep in mind that your next FMS will be more than just a core accounting platform. It will touch nearly every area of the finance function and will allow you to automate processes that may be done manually today.

This guide outlines 5 things you should consider as you evaluate your next purchase.