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Accounting, Job Cost & Business Management Software: Reengineer or Replace?

I happened upon an article recently that I felt was worth sharing. http://www.naylornetwork.com/ngc-nwl/articles/?aid=42831&projid=2841

The topic of the article is when a business has come to the point where their current GL and / or job costing software is not working for them anymore, should they re-engineer it or replace it? I believe there are benefits to both approaches, but it depends on a number of factors - the existing solution and the technology it is built on, your businesses challenges and growth plans, access to the appropriate resources to properly evaluate needs and current processes and then to ultimately implement - the key is to do something and not just accept status quo.

What do you think? Have you been in this situation? What have you done? What were the leading factors in your final decision? Or maybe you are in that situation now: what are finding most challenging? Are there answers you are looking for but not finding?

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