We’re nothing if not helpful.
On the heels of the recent acknowledgement of helpful resources available to those struggling with the transition to adopt ASC 606 / IFRS 15, Zuora again wishes to direct your attention to another handy guide, this time from one of our many valued partners.
As reported earlier this week by Financial Executives International (FEI), the global consulting firm RGP has crafted a transition guide that employs a holistic approach to the “people side” of things to help bring about a success implementation of this new revenue recognition standard.
The new guidance, as is becoming more clear, is practically all-encompassing in its enterprise-wide impact for most all corporations. RGP applies institutional knowledge from worldwide engagements to encourage a focus on organizational change management when dealing with such wide-ranging technological and operational impacts.
Stressing the importance of helping impacted employees through such an enterprise-wide transition, the guide offers informative lessons on the following time-tested activities:
- Engage stakeholder communication and buy-in from the top down
- Enable key organizational analysis and modification in order to enable the necessary change
- Execute training and communication to the right resources with the proper amount of detail and advance roll-out
To learn more about these and other lessons being advanced as part of this approach, please visit here.