Short excerpt from a YouTube video by Paul Barnhurst warning that ERPs in a "scalable growth stage" add complexity; many vendors lack transparent roadmaps and may be immature for inventory or full accounting use. The speaker recommends deep dives, watching demonstrations critically, and obtaining client references before committing.
If you're really talking about a scalable growth stage, it adds complexity. Just be aware of that. But if I were to evaluate or want to use them, they don't give a lot about their roadmap. So if you're someone that's ever going to have inventory, they are not there yet. If you're thinking QuickBooks or like a real IT or an Everest or something, that's a great comparison. But again, there's a lot that's not there. And what I will say since I have done a deep dive and I've had seen some concerns in some of them right where they did not know accounting, it was very well demonstrated on some applications or on some demonstrations. Just pay attention and get client references before you even jump in.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
