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