Modernizing and migrating legacy systems to the cloud is not a matter of if, but when, for today’s CFOs. Cloud solutions are allowing companies to better scale, control costs, increase automation, and remain competitive.
For many CFOs, this migration work includes legacy ERP and General Ledger solutions, many of which have been customized and stretched to their breaking point. Finance leaders are looking at how the Aptitude Accounting Hub can help mitigate the risks inherent in shifting these mission-critical systems to the cloud and ensure that once the migration work is done, the new ERP and GL solutions are left thin and agile while still retaining access to granular transaction data.
The core functionality and enhanced business processes delivered by the Accounting Hub have helped the organization meet their ambitious goals including:
Cloud ERP systems work best and are most cost-effective when the complexity is addressed before journals are created.
AAH supports the cloud ERP by simplifying and standardizing data flows from source systems and maintaining detailed data in
a subledger.
In 2020, Aptitude entered into its first SaaS agreement for the joint use of both Aptitude RevStream and the Aptitude Lease Accounting Engine with a leading global medical technology company.
Pan-American Life Insurance Group (PALIG) has selected the Aptitude IFRS 17 Solution, deployed as SaaS, to drive compliance with the IFRS 17 standard across their entities in the Americas. In this white paper we look at some of the risks inherent in a move to a Cloud General
Ledger and profile two companies who have successfully mitigated these challenges.
Join EY, OneAmerica, and Aptitude Software as they discuss the drivers, challenges, and business value of a cloud-first ERP and GL strategy and how to mitigate the risk of moving these mission-critical systems to the cloud.
OneAmerica, one of the fastest-growing mutual insurance holding companies in the US, will also be sharing insights gained from their finance transformation journey so far, the business case for change, and the business value they expect to drive with the implementation of a cloud General Ledger and subledger approach.