Delaying finance transformation doesn’t save money, it costs millions. Discover the hidden risks of inaction and how Inulta and modern CPM tools change the game.
Legacy Tools = Invisible Leak
Doing nothing feels safe. Familiar. Cheap. But that feeling is a lie, because doing nothing costs much more than you think.
Finance teams today are asked to do more with less. More agility, more speed, more insight, but with fewer headcount, tighter timelines, and often, Excel duct-taped to ERP systems from 2009.
Here’s the math no one likes to do:
20–30% of annual revenue is lost to inefficiencies from manual processes and disconnected systems, according to IDC. For a company generating €50 million a year, that’s up to €10–15 million quietly vanishing. Every. Single. Year.
Finance inefficiency isn’t a line item. It’s a slow bleed.
98% of CFOs say their teams are bogged down by low-value manual tasks, and 89% admit they make decisions using incomplete or inaccurate data, hardly a recipe for strategic leadership (Sage / Cherry Bekaert).
Companies are not saving money by avoiding tech upgrades. They’re bleeding it in lost opportunity, rework, delayed closes, missed insights, and talent attrition.
Modern Finance Tech, The Inulta Way
With help of modern platforms like CCH® Tagetik, Inulta is transforming finance from back-office record-keeping to forward-driving strategic force. Think:
- Integrated budgeting, planning, and forecasting that update in real-time
- One-click consolidation and close
- AI-driven anomaly detection and predictive analytics
- Built-in compliance and disclosure tools for faster statutory reporting
This isn’t future tech. This is available right now, and businesses using it are pulling ahead, fast.
Best People Won’t Stick Around
Let’s talk talent. Top finance professionals don’t want to be human spreadsheets. They want to solve problems, not chase down numbers. They want to work with tools that make them smarter, not slower.
If your stack is a patchwork of outdated software, tribal knowledge, and email approvals, guess what? They’ll leave to competition, the one who modernized.
The Risk of Standing Still
Transformation doesn’t have to be painful, but standing still definitely is:
- Missed opportunities
- Slower decision cycles
- Poor visibility across business units
- Higher audit and compliance risk
- Rising costs to maintain obsolete systems
Every quarter you wait is a quarter your competition gets leaner, smarter, and more future-ready. Doing nothing is a decision to remain reactive instead of strategic.
👉 Hear it straight from the source: CCH Tagetik and EY unpack what “doing nothing” really costs.
If you’re ready to break the cycle and turn finance into a driver of growth, we’re ready to help. Let’s make your next quarter smarter than your last.