Contetra Introduces Finance-First ERP Readiness & Diagnostic Framework

Financial services startup Contetra Pvt Ltd. launches finance-first ERP framework to align ERP investments with business outcomes.

Mumbai based financial services startup and consultancy Contetra Pvt Ltd. introduces a CFO-Led ERP Readiness & Diagnostic Framework in efforts to guarantee that ERP efforts begin with a clear view of business results. The new framework positions financial leadership at the front of the ERP readiness process, engaging CFOs and finance teams.

A high-level assessment of the financial structures, decision-making requirements, and company objectives is the first step in the CFO-Led ERP Readiness & Diagnostic Framework. The goal is to connect ERP investments to business results including increased compliance visibility, scalable procedures, enhanced working capital management, and stronger internal controls.

According to Ramanujam Narayan, CEO & CFO at Contetra, ERP implementations succeed when they are rooted in business priorities and not only system capabilities. He said that a CFO-led approach brings clarity on what the organization expects from ERP in terms of financial discipline, data integrity, and long-term value and that this clarity is essential before companies make any technology decisions. Amm Zulfiquar, Head Finance Transformation at Contetra added that the framework is deliberately kept at a strategic level. It helps leadership teams ask the right questions early and align on what success looks like from a financial and operational standpoint.

The approach lowers the possibility of misaligned expectations between management, finance, operations, and implementation partners by including financial leadership into the readiness phase. Additionally, it assists companies in seeing possible problems early on, when remedial actions are less expensive and disruptive.

The new framework, in general, examines four interrelated areas, such as the financial and business background, the organization's growth ambitions, performance indicators, reporting requirements, and financial governance structures. Additionally, Contetra might examine whether current procedures are sufficiently scalable, documented, and consistent to be supported by an ERP. Data readiness requires evaluating the consistency, ownership, and dependability of the key data that will pass through the ERP. The new framework also emphasizes risk management by highlighting compliance, auditability, and internal control issues that businesses need to address,