Accounting White Papers and Demos

In the business world, customers are faced with an overabundance of enterprise software choices. The selection of an enterprise resource planning (ERP) solution is a critical decision that could provide numerous benefits or be less than an optimal selection. As ERP sales professionals, it is our job to offer potential customers the expert guidance needed to ensure that the right ERP solution is determined and selected based on the client’s needs.

Today's enterprise resource planning (ERP) systems are challenged to provide the architectural agility necessary to support businesses in a high-change, global environment (e.g., to accommodate merger and acquisition [M&A] activity, new financial or regulatory requirements, organizational restructuring, or new business processes). A recent IDC survey shows that the negative impact of business disruptions attached to ERP modifications is simply too high: a 20.9% decline in stock price, a 14.3% revenue loss due to delayed product launches, and a 16.6% decline in customer satisfaction.

Entry level Accounting products such as MYOB and Quickbooks are great for businesses of a certain size – and up to a point. When a business is growing, adding employees, increasing the number of transactions they process and is becoming more complex, it needs a more robust business system.

Entry-level software such as MYOB and Quickbooks has done wonders for small businesses. These small business accounting systems let SMBs perform quickly what was previously a full time bookkeeping and accounting role. While they are great for start-ups and very small businesses, companies that want to move to the next level must have software in place to support, not hinder, intended growth.

Databases are significantly more powerful than spreadsheets in the way they are able to process or 'manipulate' data. Actions that would be extremely difficult or impossible in a spreadsheet are easily achievable in a database.

Aberdeen firmly believes an ERP implementation should never be viewed as "done", since business requirements and avaliable functionality continues to evolve.