Onboarding and implementation costs
It starts with the sticker shock before day one: vendor and integrator fees, configuration and testing cycles, data migration, cutover planning, and the opportunity cost of teams pulled away from closings and portfolio work. The cash and calendar pressure is front-loaded, well before the platform is doing everyday work for the portfolio. This line item is often blindly accepted as a cost of doing business, but it does not have to be.
Complexity compounds
Legacy ERP projects promise standardization, but their reality is more complex. Over time, custom configurations, brittle integrations, and specialized administration can make every portfolio change feel like a systems project.
The cost is not only software spend or a consultant's time. It is the operational drag of waiting on changes, reconciling around system limits, and depending on scarce expertise to keep daily workflows moving.
A different path
Credence is designed for teams that need institutional rigor without the full complexity burden of a legacy stack. It is a process- and design-centric platform; built around the way that teams work and where they find value, without adding the complexity of handling every single edge case that someone encountered over the past 40 years.
The platform meets teams where they are, helping them adopt a governed data layer that can adapt as the portfolio changes.