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Find the best small to medium business ERP and accounting solution based on your business needs. |
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What Is an Accounting (ERP for SMB) System? |
Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. These accounting applications typically support general ledger (GL), accounts payable (A/P) and accounts receivable (A/R), payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and financial reporting) also integrate with their accounting system. |
Accounting (ERP for SMB) System Business Drivers and Benefits |
- Automate accounting processes.
- Allow multiple users to work with financial data.
- Implement well-defined procedures to decrease accounting errors.
- Refine forecasting methodologies for improved production efficiency.
- Determine costs based on output levels to improve pricing.
- Improve order, inventory, and asset management.
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Accounting (ERP for SMB) System Risks |
- Selecting an inadequate accounting system may hamper your ability to detect internal fraud or theft.
- Make sure your software selection enables compliance with the appropriate tax practices and regulations.
- If the accounting product you choose is not a good fit for your company's processes, you may be unable to fully understand the cost components involved in production.
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Why Use the Accounting (ERP for SMB) System Evaluation Center? |
- Reduce the time required to build a comprehensive requirements document—instead of starting from scratch, you can use the features, functions, and reports contained in the Accounting (ERP for SMB) Evaluation Center.
- Evaluation criteria focus on middle-market companies with revenues between $2 million and $500 million (USD).
- Compare software products, from entry-level basic accounting systems costing less than $1,000 (USD), to upper-middle-market enterprise systems costing in excess of $100,000 (USD).
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Most Requested Research Related to Accounting (ERP for SMB) System |
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News Related to Accounting (ERP for SMB) System |
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"Your people, [TEC] and your product [TEC's decision support system] allowed Racal to quickly focus on a highly qualified group of suppliers."
- Greg Cruzan, chief technology officer, Racal Instruments Inc.
"I am delighted with the role that TEC has played in our search for the right system... and could not recommend [it] highly enough."
- Sean Reilly, IT manager, Largo Foods
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