30 Aug How to choose the right ERP software for your medium-sized business
If you are running a small or medium-sized business, you might think that enterprise resource planning (ERP) software is too expensive, complex or unnecessary for your needs. However, ERP software can offer many benefits for businesses of any size and industry, such as:
- Integrating various functions such as finance, inventory, sales and project management in one platform
- Reducing risk, improving forecasting and standardising processes
- Managing and scaling up complex operations
- Accessing real-time data and insights to make better decisions
But how do you choose the right ERP software for your business? Many options are available in the market, each with different features, prices and suitability. To help you narrow down your choices, you might read this article by Sholto Macpherson in CAANZ’s Acuity magazine. It provides a comprehensive guide on ERP software options for small and medium-sized businesses, including:
- The benefits and options of cloud-based ERP software
- The demand and drivers for ERP software adoption
- The new crop of ERP software vendors and their offerings
- The best time to upgrade to ERP software
- The ways that ERP software can reduce risk and improve performance
One of the ERP software vendors mentioned in the article is Sage Intacct, a cloud-based ERP software that focuses on complex accounting, such as grants and subscription revenue. Sage Intacct is suitable for businesses that need a powerful financial engine and reporting tool. It can also integrate with Salesforce for CRM and sales automation.
Sage Intacct is one of the leading cloud core financial management suites for midsize, large and global enterprises, according to Gartner. It can handle multi-entity consolidation, multi-currency transactions, revenue recognition, budgeting and planning, and more. It also provides real-time dashboards and analytics to help businesses make better decisions.
If you want to learn more about Sage Intacct and how it can help your business, ask us for a free demo.
We hope this post has given you useful information on ERP software options for your business.