Challenges for the Midsize Organization
Midsize organizations and their finance and accounting departments face a different set of challenges than those faced by small businesses or large enterprises. They’ve outgrown the often-informal systems and processes that worked when they were smaller, but they lack the scale of resources of larger enterprises. To achieve their full potential, midsize companies must be able to grow without adding administrative overhead. As much as possible, they must be able to retain the operating agility they enjoyed when they were small while also developing the capabilities of larger corporations. Fortunately, today’s information technology systems can address these challenges and provide the large-corporation capabilities that midsize companies need.