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ERP Software

Fully Integrated Midrange ERP Accounting Software is Rare

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Here is an interesting article on how the mid market ERP financials do not often serve their clients well:

Fully Integrated Midrange ERP Accounting Software is Rare

By Thomas R. Cutler

Few ERP (enterprise resource planning) systems offer a product which is simple enough for small companies, yet complex enough to manage multinational corporations with numerous companies and divisions. The accounting modules must offer a complete financial package which is fully integrated with the other enterprise modules.

Some of the functionality often missing includes:

• Consolidation of selected companies or divisions.
• Multi-currency conversion functionality.
• A “wild card” inquiry function is available for quick report generation.
• Online review of transaction detail.
• Reports that allow for functional and easily modifiable documents.

Read the whole article here…

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