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The Difference Between ERP Systems and Accounting Softwares

Due to some similarities, many people find it difficult to distinguish ERP systems with accounting software. Despite the similarity in terms of functionality, they are basically different software. But, with the right software, you are able to manage your business in better way, especially with the best ERP software from HashMicro. Therefore, This article will explain the difference between them.

Table of Content

ERP System

What's The Difference Between an ERP Systems and Accounting Software
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An ERP (Enterprise Resource Planning) system is a concept for planning and managing company resources. ERP system meaning a business process management software that manages a company’s financials, supply chain, and other company operations. This system consists of an integrated programming package and multiple modules designed to support various company processes. Besides that, this system also can increase operational efficiency while increasing consumer service. It emphasizes planning, resource analysis, purchasing management system, sales, accounting, and inventory. Additionally, the ERP system also can emphasize human resource management such as staffing and employee payroll calculations.

In general, ERP systems can run almost all operational activities that exist within the company. Everything is run automatically and connected to each other. A warehouse or inventory division can see an increase in the number of items when the accounting department creates a purchase invoice. The accounting division can automatically see the published journal and the finance division can see the newly increased expense. Corporate managers have access to all reports from all departments.

From retail and wholesale to industrial and educational institutions, a solid ERP system may be easily adaptable to a variety of company and industry models. This system helps companies by decreasing human error, giving crucial information in real-time, and assisting management in decision making. In addition, an ERP system also can help companies by addressing consumer complaints, increasing corporate productivity, and preserving inventories.

Accounting Software

ERP systems
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An Accounting software is an application program designed specifically to facilitate the accountant’s work in recording business transactions that are usually done manually, such as purchases, sales, payroll, ledgers, and various other accounting activities to produce financial statements as a consideration in the decision-making process.

Accounting software helps an accountant create financial statements such as balance sheets, ledgers, trial balances, cash flow statements, profit and loss statements, tax audit files, etc. This software provides many benefits for the company, such as accelerating the work of financial statements, avoiding miscalculation, improving job efficiency, automating various transactions, assisting companies in the decision-making process by presenting accurate data, and figuring out the financial condition of the company at any time in real-time.

Also read: 7 Key Benefits of Using an Accounting System in Your Company

Differences Between ERP Systems and Accounting Softwares

The difference between this two software lies in the needs of each company. ERP systems can be a division of the company, and each employee uses them through granting access to use it. While accounting software in general only accounting or finance divisions use it, and its users are usually only accountants. The best Accounting System for Enterprises in Indonesia that you can choose is the Accounting System from HashMicro. This system can automate your operational business from cash flow management to financial statement creation using HashMicro’s best accounting software.

Before deciding on software selection, the company needs to know its needs first. If the company only needs automation for the accounting department, then using accounting software is enough. However, if the company wants to automate every operational activity, the ERP system is the right choice.

Companies also need to consider in terms of costs. ERP systems that present complete solutions for various departments, including accounting, are more expensive than accounting software that can only handle one division. Suppose the company is already sure about which software to choose. In that case, the next step is to choose the right software solution provider. Furthermore, decide whether to use conventional or Cloud-based systems (applicable to both ERP and accounting).

download skema harga software erp
download skema harga software erp

Conclusion

There are many differences between ERP systems and accounting software. Usually, only accounting and finance divisions use accounting software, while all divisions within the company can access ERP systems. The most crucial difference between the two systems is that ERP consists of many integrated modules to help business performance, especially accounting, become efficient. While accounting software only contains accounting modules and is usually difficult to integrate with other systems in the company. Suppose you only automate some of the work in your business. In that case, this can lead to new problems that can hinder the company’s performance. This non-maximal automation only causes losses and consumes time and effort in vain. Therefore, HashMicro’s ERP system can be your choice to automate all business processes in your company optimally and efficiently.

Hash CORE ERP is the best ERP software in Singapore that can help you to streamline your business processes and drive your company’s growth significantly. This software is a complete system that contains integrated modules to facilitate easy data access and avoid human error. This ERP system also provides accounting modules that can improve how you record transactions, costs, and expenses. Using this system, you do not need to waste a lot of time and effort managing corporate accounting. In addition, You can customize this software according to the company’s needs. Therefore, immediately switch to Hash CORE ERP to make the best decision and increase company profits.

You can choose the right ERP vendor after calculating the ERP software pricing scheme. Tell us about your type of business and industry and we will offer you the best business solutions. If you want to get a free demo of our tour product, click here!

erp vendors

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Hashmicro
Hashmicro
HashMicro is a software development and enterprise resource planning (ERP) company. Consequently, we often provide articles about ERP and other systems that all businesses need.

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