Financial System Implementation

Muhammad Khan

Contact for pricing

About this service

Summary

The more descriptive nature of the services are described below
Project Plan:
- Detailed work breakdown structure with individual tasks and dependencies
- Timelines for each workstream - Configuration, Data Migration, Testing etc.
- Resource allocation and responsibilities
- Budget with cost breakdown
- Key project milestones and dates
- Risk management approach
Requirements Gathering:
- As-is process documentation with swimlane diagrams
- Identification of reporting, compliance and security needs
- Questionnaires and interviews with stakeholders
- Functional specifications document detailing all requirements
System Configuration:
- Chart of accounts tailored to business
- Customized masters for items, customers, vendors
- Role-based user and access management
- Configuration of modules for Procure-to-Pay, Order-to-Cash cycles
- Setting up templates for invoices, purchase orders etc.
Data Migration:
- Data mapping templates and validation rules
- Migration plan, timelines and approach for each data entity
- Pre and post migration data cleaning and mapping
- Parallel run of legacy and new system for validation
Testing:
- Unit, integration and user acceptance testing approach
- Test scenarios and test cases for each functionality
- Defect tracking, resolution and sign-off
- Mock drills and dry runs to simulate go-live
- Performance testing under load
Training:
- Role-specific user manuals and process guides
- Training sessions, videos and presentations
- Knowledge assessment and certification
- Helpdesk support and refresher trainings
Go-Live and Support:
- Detailed cut-over plan for transition
- Go-live preparation, execution and stabilization support
- Post go-live performance monitoring and issue management
- Handholding support and knowledge transfer for 2-4 weeks

What's included

  • Project Plan

    Detailed project plan outlining all workstreams, timelines, dependencies and responsibilities.

  • System Configuration

    Setting up the chart of accounts, master data like items, customers/vendors as per requirements.

  • Data Migration Plan

    Strategy and templates for migrating historical financial and transactional data from legacy system.

  • Testing Plan

    Approach for user acceptance testing and mock drills to ensure all functionalities work as expected.

  • Training Material

    Manuals, presentations, videos etc. to train users on all system functionalities.

  • Go-Live Plan

    Detailed plan for transition from old to new system covering activities like data migration and support.

  • Documentation

    System manuals, process guides, troubleshooting documents and FAQs for future reference.

Skills and tools

Bookkeeper

Financial Consultant

Microsoft Excel

Power BI

Quickbooks

Quickbooks Online

Xero

More services

Backoffice management

Example projects

STARTING AT

$300

fixed rate