Many small and medium sized companies are beginning to realize and are starting to think that maybe now is the right time to upgrade their business systems, but unfortunately they are not sure if they are ready to use the full ERP solution or should they use accounting software first?
What's the difference?
As the name suggests, accounting software can be interpreted as software that can only handle the scope that is in terms of accounting alone. Unlike the ERP software that can handle all aspects of your business such as distribution, manufacturing, human resources, payroll, project management, supply chain and so forth.
Which one should we choose?
When you want to determine which software you want to use, answer the first question below:
How many systems are managed to manage? If we want to use accounting software, then what about other aspects? Are we going to use other software separately to handle that aspect? Think about how much software will we use if we use separate software for each aspect that our business has.
Are you planning to grow your business?
If we are planning to develop a business, then it is appropriate that we consider the use of ERP software from now on. Because for what you use accounting software only to be converted into ERP software 2 or 3 years later?
Are there any staff other than your accounting team who need visibility from your financial data?
When each department has their own software without being integrated then it means they can only see the data that is in the software they use. Similarly, if you use accounting software then who can see the data is only an accountant.
However this may be useful if other divisions can see certain data contained in the accounting software. No need to look at it entirely, but it would be very beneficial if they could see the specific information they wanted. And this can be done by ERP software.
Do you need to report KPIs to your entire business?
Although the accounting software you want to offer a good report and analytic, but if it can not pull all the data contained in your business then the same. The only report you get is financial data.
Unlike the erp software that is able to provide full and real time data of all aspects of business you have.
Acumatica Cloud ERP as one of the emerging ERP software can be the right solution for you. Acumatica Cloud ERP offers complete modules and features that you can use to further optimize your company's performance
