WHAT IT ACTUALLY TAKES TO REPLACE A LEGACY ERP

Summary from the TLDR Fintech newsletter

Lightspeed argues that the real breakthrough in next-generation ERP is not a better interface, but using AI to eliminate migration risk, historically the biggest reason CFOs stayed with legacy systems like NetSuite. Its portfolio company DualEntry uses AI to migrate and reconcile company data in as little as 24 hours, pursuing a “reverse wedge” strategy that replaces the ERP first and then expands into adjacent finance workflows.