Press release
Contetra Launches Finance-First ERP Readiness Model to Reframe ERP as Business Investment for Indian Enterprises

A finance-first approach that redefines ERP implementation as a strategic business transformation beyond IT deployment.
Industry forecasts indicate that the Indian ERP market was valued at approximately USD 1.8 billion in 2024. It is expected to expand significantly over the next decade as organizations increasingly adopt integrated systems and cloud platforms.
Despite this expansion, a considerable number of ERP initiatives begin without clear links to measurable financial outcomes or operational improvements.
Traditionally, ERP implementations by IT teams or ERP consulting services in India concentrated on technical features, system modules, and go-live milestones. This "technical" view has often overlooked whether systems deliver meaningful return on investment (ROI), improve data quality, or strengthen business controls.
Because project objectives were misaligned with business strategy or financial metrics, some organisations experienced scope creep, excessive customisation, or resistance to change, which undermined benefits and increased risk.
However, a growing number of Indian companies are recognizing the value of aligning ERP with business strategy, financial planning, and performance outcomes. Forward-looking firms view ERP as an investment that can help optimize inventory, control costs, support compliance, and enhance decision-making, ultimately improving profitability and competitiveness.
Amid this landscape, Contetra Pvt Ltd has introduced a CFO-Led ERP Readiness & Diagnostic Framework. The new framework places financial leadership at the centre of the ERP readiness process, engaging CFOs and finance teams early to ensure ERP initiatives start with a clear line of sight to business outcomes.
Rethinking ERP Readiness
The CFO-Led ERP Readiness & Diagnostic Framework begins with a high-level evaluation of business objectives, financial structures, and decision-making needs. The intent is to link ERP investments to business outcomes such as improved working capital management, stronger internal controls, better compliance visibility, and scalable processes.
"ERP implementations succeed when they are rooted in business priorities and not only system capabilities," said Ramanujam Narayan, CEO & CFO at Contetra. "A CFO-led approach brings clarity on what the organisation expects from ERP in terms of financial discipline, data integrity, and long-term value. This clarity is essential before companies make any technology decisions."
By integrating financial leadership into the readiness phase, the framework reduces the risk of misaligned expectations between management, finance, operations, and implementation partners. It also helps organizations identify potential issues early, when corrective measures are less disruptive and less costly.
The CFO-Led ERP Readiness & Diagnostic Framework is designed as a structured, high-level exercise rather than a technical audit. At a broad level, the framework looks at four interconnected areas.
It researches the business and financial context, understanding the organization's growth plans, performance metrics, reporting needs, and financial governance structures. Contetra may also review whether existing processes are documented, consistent, and scalable enough to be supported by an ERP.
Additionally, assessing the reliability, ownership, and consistency of core data that will flow through the ERP is essential for data readiness. The framework also focuses on risk management, identifying areas related to compliance, auditability, and internal controls that businesses must address.
According to Amm Zulfiquar, Head Finance Transformation at Contetra, "The framework is deliberately kept at a strategic level. It helps leadership teams ask the right questions early and align on what success looks like from a financial and operational standpoint."
For more information about ERP implementation, visit us at https://contetra.com/erp-implementation-solutions/
From IT Project to Business Transformation
One of the key benefits of a CFO-led readiness model is its focus on outcomes rather than features. It does not evaluate ERP success based on whether a system goes live on time.
Instead, the framework encourages organizations to define success in terms of improved visibility, control, and decision-making. By linking ERP objectives to financial metrics, companies gain a more realistic view of costs, benefits, and timelines.
Most importantly, early attention to controls and reporting requirements helps reduce post-implementation adjustments. Identifying readiness gaps in advance also lowers the likelihood of rework and scope changes later.
Mayuresh Deshmukh, Manager, Consulting at Contetra, noted that "many ERP challenges surface only after implementation begins. A structured diagnostic phase allows enterprises to address foundational issues first, which can significantly improve implementation outcomes."
The framework has particular relevance in the Indian context, where businesses operate in complex regulatory and business environments. Multiple legal entities, diverse tax structures, and evolving compliance requirements place additional demands on financial systems.
Indian businesses also face strict scrutiny from investors, lenders, and regulators, making transparency and audit readiness more important than ever. A CFO-led readiness assessment ensures that ERP solutions are designed with these realities in mind.
From a market perspective, the framework is applicable across sectors such as manufacturing, services, and distribution, especially for organizations transitioning from legacy systems or fragmented applications. It also aligns with the broader trend of ERP digital transformation consulting, where enterprises seek more strategic guidance rather than purely technical support.
Tejas Savla, CMO at Contetra, commented, "As Indian enterprises scale, there is a growing expectation that ERP systems should support operations as well as strategic decision-making. This framework reflects that shift by placing finance at the centre of the conversation instead of just focusing on technical nuances."
Contetra's framework clarifies readiness and priorities, enabling companies to engage more effectively with implementation partners and technology vendors. It also aligns systems with business strategy and governance rather than on software deployment alone.
Such preparatory work can play a critical role in ensuring that systems deliver sustained value where ERP investments represent significant financial and organizational commitments. It can be a differentiator for business success and ensure desired ROI from business investments across industries.
Contact Us
Contetra Private Limited
Email: growth@contetra.com
Phone: +91 98338 18857
Visit us at https://contetra.com/
2nd Floor, 225, Swastik Disa Corporate Park, Near Kotak Bank, L.B.S Road, Ghatkopar West, Mumbai
Contetra Pvt Ltd is an India-based advisory firm specializing in finance transformation, strategic CFO services, and ERP functional consulting. The firm collaborates with enterprises across growth stages to strengthen financial governance, improve decision-making, and support scalable operations. Its CFO-Led ERP Readiness & Diagnostic Framework reflects Contetra's focus on integrating financial leadership with process and system design to help organizations navigate complex transformation initiatives.
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