The Financial Consolidation & Close solution ROI framework
Enterprise applications are business investments. Besides executing intended tasks, solution deployments need to demonstrate a positive ROI. Specifically, we will focus on the primary cost and benefit drivers to assess the value of Financial Consolidation & Close (FCC) solutions. Midsized companies contend with the same accounting complexities of large enterprises with multiple business units spread across various geographies and industries but often lack the budget and bandwidth for a drawn-out implementation. Midmarket FCC solutions exist to help businesses migrate off disjointed Excel processes while lowering the technical and cost barriers of traditional enterprise technology. Through end-user interviews, Nucleus determined that SMBs can expect a payback period of 12 months and an average annual ROI of 50 to 150 percent within the first three years of deployment.