The green days of old
Tonia Still, General Manager Finance, joined PBT in 2014. Even though she had been forewarned, the company’s still operational 40-year-old legacy system was somewhat of a revelation. After years of working with Tier 1 ERP solutions, the reality of PBT’s financial solution, in all its green-screen glory, was like stepping back in time.
“We had to manually update every journal. There was no way to import data, so it was a lot of work. The courier system was also a separate application – and not integrated – so we’d have to physically punch the reports from that into the journals as well.”
Not only did the need to re-enter data manually chew up the finance team’s valuable time, but the potential for error – and the knock-on effect on the accuracy and timeliness of their Excel-based reporting – was considerable.
“It was challenging to do a meaningful analysis,” says Still. “The struggle to produce up-to-the minute reporting was a nightmare.”
It was obvious that change was needed. Still and her team invested their time and effort in identifying potential financial solutions and partners, and drew up a shortlist for consideration that included NetSuite and Fusion5.