Insight

Modern CFOs Are Reimagining ERP

Many CEOs and CFOs we work with are actively exploring Native AI ERP as a modern alternative to legacy systems. But despite these ambitions, 58% of CFOs have yet to adopt Native AI technologies—solutions that could streamline finance operations, enhance customer satisfaction, and elevate their role as strategic advisors.

Author: Cameron Ackbury

Native AI: Defined as an ERP product that is built from the ground up with AI as a core part of its architecture and user experience. It's an ERP system where forecasting, decision support, anomaly detection, and task automation are not just features, but the foundation of how it operates.

AI as a Bolt-On: Defined as a legacy ERP system that adds ChatGPT for answering user queries or automating report generation. It's limited to what can be achieved through integration without rearchitecting the core platform.

CFO goals are consistent:


  • Increase revenue


  • Improve operational efficiency


  • Drive innovation

Here’s how Native AI ERP delivers on each.

1. Increasing Revenue: Eliminate Revenue Leakage

One of the most overlooked drivers of lost revenue is leakage—errors and inefficiencies that slip through manual processes and disconnected systems. In complex accounting environments, this is a recurring problem. According to Ernst & Young, revenue leakage can cost companies up to 5% of EBITDA.

Many organizations still manage revenue recognition in Excel, leading to:

Data Import & Formatting Issues


Incorrect revenue allocations

Formula & Calculation Errors


Misapplied recognition logic, risking compliance

Manual Adjustments & Version Control Risks


Potential financial misstatements

Deferred Revenue Errors


ASC 606 violations and audit concerns

Everest Systems is the only Native AI ERP designed to help finance teams eliminate these risks at the source—before they impact performance or compliance.

58% of CFOs have yet to adopt Native AI technologies

2. Improving Operational Efficiency: Streamline ASC 606

Revenue recognition under ASC 606 requires precise allocations across contracts and performance obligations. Traditional ERPs and spreadsheets simply can’t handle this complexity at scale.

Everest automates ASC 606 compliance with AI-native capabilities:

Automated Revenue Recognition


Incorrect revenue allocations

No Manual Adjustments


AI eliminates spreadsheet dependencies

Real-Time Compliance Monitoring


Built-in AI flags risk proactively

Smarter Contract Management


Simplifies multi-element arrangements

This isn’t just automation—it’s intelligent finance infrastructure.

3. Driving Innovation: Eliminate Frankenstein Tech Stacks

Modern finance teams are often stuck managing fragmented systems—a mix of on-prem tools, SaaS apps, and brittle integrations. These “Frankenstacks” increase cost and slow down the business.

Everest replaces complexity with a unified, AI-native platform—no developers, no NetSuite plugins. Just intelligent workflows you can create by asking.

Built for companies that are:


  • Too big for QuickBooks, but not ready for heavy enterprise platforms


  • Looking to migrate from rigid legacy systems


  • Ready for an AI-first approach to finance and compliance

The Future of ERP Is Native AI


Earlier we discussed the difference between Native AI and AI as a Bolt On.  To put it simply, Native AI is like having a house built with a fireplace v.s. AI as a Bolt on is like having a house with a space heater.

The future of ERP is here, and it’s Native AI.   Let’s build it together.

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