Replace vs. Modernize: De-Risking the Decision on Your Custom Core Systems

When a business runs on aging custom-built software, it eventually has to decide on a path forward. The options are:

•  Do Nothing
•  Replace with Off-the-shelf
•  Replace with a new custom system
•  Modernize in-place

There isn't a silver bullet. In this dialog, we'll discuss the factors that drive ROI for each option, including Total Cost of Ownership, Organizational Risk Profile, and Technical Debt. Learn how you, as a financial leader, can drive tech decisions that deliver strong financial and operational returns for your organization.

CPE Learning Objectives:

• Evaluate the financial and operational trade-offs of replacing versus modernizing custom core systems by analyzing total cost of ownership, technical debt, and long-term ROI.
• Compare the risk profiles associated with maintaining, replacing, or modernizing legacy systems, and assess how these risks impact enterprise value and strategic decision-making.
• Apply a structured decision-making framework to technology investment choices, enabling financial leaders to guide system strategy decisions that align with organizational goals and measurable business outcomes.

Agenda:

Earn 1 CPE credit while exploring timely, relevant content designed for today’s finance professionals

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