Difference between Accounting software and Erp
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Difference between Accounting software and Erp

Difference between Accounting software and Erp

Accounting software covers the management of financial reporting, accounts payables and receivables, banking, recording of basic revenues/sales and more. ERP includes multiple modules with accounting being one of them. Other modules include warehouse management, production, HR, sales, purchasing, supply chain, planning, inventory management, etc.So Nowadays, accounting software has blurred the difference between ERP and Accounting Software. Therefore it is important to understand and compare products from the same category rather than from different categories.

Here are the major difference between accounting software and ERP:

Accounting software does not include sales or customer relationship management

ERP solution provides order processing and sales management. ERP have a seamless CRM module that let user to access updated contact information and see the history of previous communications. Whereas, stand-alone accounting software do not have these capabilities.

Difference between Accounting software and Erp

Accounting software is limited in providing mobility and real-time data.

ERP connects every part of the business, therefore every decision is based on real-time intelligence.
ERP integrates all financial information in a single database. Company data is available in the cloud anywhere, anytime access to real-time information using a mobile device.

So Accounting software manages only a specific area of a business. ERP is a fully integrated comprehensive, end-to-end solution that covers all facets of the business.

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