Page 44 - Millennium U4F Brochure 2021

1.
Like-for-like upgrade
This is a technical upgrade for firms looking to remain on a supported version and/or running a technology upgrade project across the company that requires a compatible version of Unit4 Financials.
This option is a stepping-stone to realising future benefits without introducing major changes. It is the simplest and quickest upgrade but is only possible if the suitable technical infrastructure is in place.
2.
Like-for-like PLUS upgrade
This is for firms who would like to upgrade to the latest version of Unit4 Financials but would also
like to take advantage of the latest functionality, achieving a few ‘quick wins’ as part of the upgrade.
As organisation’s grow their needs evolve and change. Operational processes that may once have sufficed may no longer be fit for purpose.
Using the Like-for-Like Plus upgrade enables them to configure their Unit4 Financials in line with newer operational processes.
3.
Re-implementation upgrade
Growth brings change and these changes can fundamentally alter what you require your accounting system to deliver. Increased volumes, new legislation, the growing complexity of business and the need to manage and reduce operational risk all drive the requirement to understand and access how new functionality can help your business.
This upgrade solution enables your Unit4 Financials system to support these changes. It builds on the existing investment, as opposed to the upheaval of implementing a new software solution.
A re-implementation provides firms with an opportunity to achieve significant business and process improvements by overhauling the whole system, including a new chart of accounts. A new chart of accounts in conjunction with new functionality like “flexi-fields” can enhance your reporting capability. No longer will you be dependant on massaged information from various sources. There will be one version of the “truth” directly from your financial system.