The fundamental problem is that too many companies are undergoing knee-jerk systems replacement programmes without taking a close look at what they have already got.
In our experience, companies are often amazed when they discover what is really possible with their existing systems.
Often, even a modest investment in consultancy can reveal forgotten capabilities, or suggest simple enhancements that will deliver big returns and restore confidence in an existing system.
In order to keep a lid on IT spending, IT directors and financial directors should temporarily forget about the onward march of new technology and instead ask themselves which aspects of their business have altered since their original systems were implemented.
An IT audit should begin by analysing the gap between what the business needs and what it already has. Then the company can formulate a rational strategy for systems enhancement.
Gary Waylett, Eclipse Computing.
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Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel