Frighteningly familiar? Our top finance horror stories for Halloween

The iplicit team has heard a few accounting horror stories in its time. 

For Halloween, we’ve collected some recurring nightmares from the world of finance software.  

See how many of them seem eerily familiar. 

Horror Stories (1)

  • Reporting is a grave concern: You’re expected to produce management information to senior leadership – but producing those reports is horrifically complicated.  
  • Data vanishes into thin air: Nothing makes you shudder quite like the knowledge that vital data has disappeared. Whether it’s in a spreadsheet, a forgotten purchase order or an unsubmitted expenses form, it could be waiting to jump out at you. 
  • Phantom figures materialise: Just as vital data can vanish out of existence, some seemingly tangible information can turn out to be an apparition, generated by shockingly unreliable finance processes. 
  • A productivity vampire is draining your efficiency: Ever feel the life is being sucked from your finance department? Ancient working practices that refuse to die can have that effect – and the success of your organisation is at stake.  
  • You’ve created a monster: Whenever the finance software was unable to do something, you bolted on another third-party app. Now, you have a lumbering brute of a system that strikes terror into the hearts of all who use it.  
  • Group accounting is hellishly difficult: Accounting for multiple legal entities raises the frighteningly complicated issues of intercompany eliminations and group consolidation. The work can be deadly dull yet devilishly difficult. 
  • You’re shackled to spreadsheets: If you’re using ancient finance systems, your department could well echo to the moans of the tormented souls that dwell in the misery of endless Excel spreadsheets.  
  • You’re buried in paperwork: With accounting processes that belong in the dark ages, the weight of all those paper POs, invoices and expenses claims is in danger of burying you alive. 
  • You live in fear of disaster: If all your precious finance data still lives on a server on your premises, you’re right to dread the worst. The threats of damage or security breaches are enough to bring any finance leader out in a cold sweat.  

Treat yourself 

A lot of those horrific scenarios might seem horribly real. It may be that you can’t think what possessed someone to install your finance system. 

But modern, true-cloud accounting systems can put all these fears to rest. With the right software, it is possible to end those recurring nightmares and transform your finance function in a way that’s almost magical. 

Browse iplicit’s case studies to see how some familiar horror stories had a happy ending. 

How it all works

iplicit’s architecture is quite special; it’s true cloud and only in the browser, but it looks and feels like a desktop application. No layer upon layer of tabs opening and probably the most intuitive navigation that you will find in the marketplace today. Take a look for yourself.