5 Things that Differ ERP vs Accounting Software
Since there are many types of accounting software that you find in the market, this makes the difference between ERP vs Accounting software blurry. However, before we step forward to the differences, we should firstly know their own functionality.
ERP vs Accounting software blurry Part 1
Accounting software is a tool used to manage an organization's account where you can see how money goes. It supervises many operations of the financial viewpoint. It records business transactions including the journal entries, AR/AP, and general ledger. Afterward, it will produce basic reports such as balance sheet and income statement. It is enough to determine the financial condition of corporate at the current time, however, it is not capable to predict the future.
ERP software is comprehensive accounting software. This means accounting software is just a single module of the grand software called ERP. The systems allow you to track order fulfillment, inventory management, invoicing, production management, reporting, job costing, eCommerce, intangible and tangible assets, customer management, human resources management, and some more. It is able to present you the whole information of your organization in one suite.
ERP vs Accounting software blurry Part 2
In the comparison of lego, ERP systems are the construction of many legos. You can fit them together when you need, but you are also able to leave some parts when these are unnecessary. The accounting software is just one piece of the legos construction.
Accounting module couldn’t be compared to the extent of modern functionality of ERP. ERP even has advanced its system by integrating all sales station and combine it with inventory management. ERP is the best business management tools that you can find in the market nowadays for its comprehensive. Meanwhile, accounting software is just one tool.
ERP vs Accounting software blurry Part 3
Accounting software starts its processing systems from sales invoice or purchase invoice. Meanwhile, ERP is capable to look after contact even before it becomes a customer. The multiform activity timeline in CRM module of the ERP systems will let you access and see the latest contact information. You even will be allowed to determine which marketing campaign that has generated the lead, read the relevant concepts that you execute, also tracking and writing emails.
ERP vs Accounting software blurry Part 4
There is only limited and basic information you get if you are using the accounting software to track the inventory through the additional add-ons both on web and desktop. Meanwhile, ERP systems solve the problems you got from accounting software and improve the inventory accuracy as well as customer service intensities. Furthermore, it also reduces labor costs, stock transportation costs, and inventory manual writing. This inventory management module assists you to make accurate and faster decisions and improve your company's performance.
ERP vs Accounting software blurry Part 5
Accounting software clearly doesn’t have manufacturing management which ERP has it. This module, let you manage production planning, bill of materials and many more. The manufacturing management is the center part of supply where you can see the factory, production resources, customer demands, and supply shipments are connected to each other and sometimes they clash.
ERP vs Accounting software blurry Part 1
Accounting software is a tool used to manage an organization's account where you can see how money goes. It supervises many operations of the financial viewpoint. It records business transactions including the journal entries, AR/AP, and general ledger. Afterward, it will produce basic reports such as balance sheet and income statement. It is enough to determine the financial condition of corporate at the current time, however, it is not capable to predict the future.
ERP software is comprehensive accounting software. This means accounting software is just a single module of the grand software called ERP. The systems allow you to track order fulfillment, inventory management, invoicing, production management, reporting, job costing, eCommerce, intangible and tangible assets, customer management, human resources management, and some more. It is able to present you the whole information of your organization in one suite.
ERP vs Accounting software blurry Part 2
In the comparison of lego, ERP systems are the construction of many legos. You can fit them together when you need, but you are also able to leave some parts when these are unnecessary. The accounting software is just one piece of the legos construction.
Accounting module couldn’t be compared to the extent of modern functionality of ERP. ERP even has advanced its system by integrating all sales station and combine it with inventory management. ERP is the best business management tools that you can find in the market nowadays for its comprehensive. Meanwhile, accounting software is just one tool.
ERP vs Accounting software blurry Part 3
Accounting software starts its processing systems from sales invoice or purchase invoice. Meanwhile, ERP is capable to look after contact even before it becomes a customer. The multiform activity timeline in CRM module of the ERP systems will let you access and see the latest contact information. You even will be allowed to determine which marketing campaign that has generated the lead, read the relevant concepts that you execute, also tracking and writing emails.
ERP vs Accounting software blurry Part 4
There is only limited and basic information you get if you are using the accounting software to track the inventory through the additional add-ons both on web and desktop. Meanwhile, ERP systems solve the problems you got from accounting software and improve the inventory accuracy as well as customer service intensities. Furthermore, it also reduces labor costs, stock transportation costs, and inventory manual writing. This inventory management module assists you to make accurate and faster decisions and improve your company's performance.
ERP vs Accounting software blurry Part 5
Accounting software clearly doesn’t have manufacturing management which ERP has it. This module, let you manage production planning, bill of materials and many more. The manufacturing management is the center part of supply where you can see the factory, production resources, customer demands, and supply shipments are connected to each other and sometimes they clash.
