As with any complex project, achieving success is an art as much as a science, and experience counts. Determining the strategic parameters up front and then selecting the best partner for the project are probably the two single biggest steps for success. In summary, here are some things to consider before beginning your project:

• Approach the process with as much schedule flexibility as possible. You don't want to be rushed and make unnecessary errors as a result
• Agree on the objectives for the project before doing anything else. Changing the goal posts in the middle of the game confuses all the players
• Set a budget and focus on product selection within that budget range
• Carefully determine what other parameters will impact your decision, such as technology, vendor profile, and anything else important to the organization
• Select a partner that you trust. It is not a one-off engagement, but the start of an important business relationship that often lasts for years
• Expect your own employees to spend a lot of time on the project. Outside consultants can manage the project, but they can't do all the work themselves
• Use a phased approach for implementation. Smaller steps, successfully accomplished, create momentum and a feeling of progress

With these guidelines in mind, selecting and implementing a new accounting system has a much greater chance of success--even if not entirely painless. As a result, the new system will deliver value to your business, both now and in the future, and the investment will be more than justified.