Cognition Financial chose SAP Business ByDesign, a cloud ERP solution, for its modern interface, functionality, and affordability. Learn about their transition.
Based in Boston, Massachusetts, Cognition Financial is a leading provider of finance solutions for college students and their families. Since 1991, Cognition Financial has helped over a million families pay for their educations.
When a new CFO joined Cognition Financial in 2019, he wanted to replace the company’s legacy accounting system, Oracle Financials.
Not only was Oracle Financials hosted off-site, it was an older product, which made updates and upgrades difficult. The system’s weak connectivity with Microsoft applications forced time-consuming workarounds, which was problematic because the company uses Excel for reporting.
Complicating matters, the organization that hosted Oracle Financials closed its data center, creating an urgent need for Cognition Financial to find new software.
Cognition Financial’s CFO explored several cloud-based solutions and chose SAP Business ByDesign for its modern interface, functionality, and affordability.
And when it was time for a trusted implementation partner, the company selected Vision33 for its transparency, professionalism, and ability to meet Cognition Financial’s aggressive timeline.
SAP Business ByDesign’s native connectivity with Excel makes it a breeze for Cognition Financial’s team to manage data and generate meaningful reports. Flexibility allows the company to use a custom chart of accounts. And employees are thrilled with SAP Business ByDesign’s simplicity and anytime, anywhere access.
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