Often when companies attempt to use new technology in their business, they don’t consider how it will change the culture of their workplace.
The very reason technology solutions, such as financial planning software, are implemented in an organisation is to solve a particular problem or series of problems with the current way of doing things.
Naturally, this means the new technology will affect the current processes in the business.
And, to make the implementation effective, staff will have to embrace these new processes.
For financial planning solutions, this culture change must be led by the CFO and incorporates important areas like processing and valuing data, gatekeeping, and building transparency.