10 Considerations That Ensure Your FRx Replacement Becomes an Improvement

Now, companies are looking with fresh eyes at their unique reporting and analytic requirements. They can acknowledge the functional and interface-related constraints their accounting departments been grappling with for years with FRx; identify features and capabilities that will allow accountants, controllers and CFOs to do their jobs more effectively and efficiently; and evaluate the range of alternative financial reporting solutions available to mid-market businesses today.

What are those features and capabilities? What criteria should decisions-makers use when evaluating different financial reporting solutions? Such are the questions being asked right now by end users, who alongside solution providers with business applications that require an interface with a financial reporting system, are entering the closing stages of a long-standing relationship with FRx.

The table on the following page summarizes 10 items companies should consider when evaluating an FRx replacement. Each of the elements in the table is expanded upon and fully explained later in the whitepaper.

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