• 82% had attempted to restructure one or more accounting flexfields.
• 82% had attempted to restructure one or more accounting flexfields. 57% of the flexfield changes were due to new company initiatives or mergers and acquisitions
• 82% had attempted to restructure one or more accounting flexfields. Problems encountered while changing accounting flexfields included: difficulty retaining history, too complex and the process required extensive conversion and training.
• 82% had attempted to restructure one or more accounting flexfields. Companies who tried to change their accounting flexfield internally spent an average of 6,700 person-hours with an average cost of $1.7 million.