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There are several factors to consider when choosing an accounting ERP software, including:

Ease of use: The software should be easy to navigate and use, especially for non-technical users.

Integration: The software should be able to integrate with other systems and tools that you use, such as CRM and HR systems.

Customization: The software should be able to be customized to fit your specific business needs and processes.

Scalability: The software should be able to handle your current and future needs, as your business grows and expands.

Cost: The software should be within your budget and offer a good value for the price.

Support: The software should have good support options, such as a knowledgeable customer service team and online resources.

Security: The software should have strong security measures in place to protect sensitive financial data.

Mobile accessibility: It’s useful if the software is accessible on mobile devices, so you can access it from anywhere.

Reporting and analytics: The software should have robust reporting and analytics capabilities, so you can track key performance indicators and make informed business decisions.

Industry specific: If your business operates in a specific industry, it may be helpful to choose software that is tailored to that industry.

Final thoughts:

Averiware is a cloud-based accounting erp software that helps businesses streamline their financial operations, improve efficiency, and make better business decisions. It offers a range of features, including financial management, accounting, budgeting, forecasting, and more. The software can be customized to fit the specific needs of your business and can be accessed from anywhere with an internet connection.

It is designed to be easy to use, with a user-friendly interface and online resources to help users get up to speed. Additionally, Averiware offers excellent support, with a knowledgeable customer service team and online resources to help users get the most out of the software.

Get in touch for a free demo today!

Many businesses have separate systems for accounting management. Depending on its size, a company may not even have an Enterprise Resource Planning (ERP). Or, as is common, they acquired these applications at different times and implemented each for its primary purpose: an accounting package for the books and financial management, and Cloud ERP for operations management. This separation is no longer necessary, nor even a good idea.

The Value of Accounting Cloud ERP Software Integration

We will outline some of the reasons it’s wise to use Cloud ERP for accounting. At a high level, though, most of these benefits relate to one core issue, which is integration. Accounting systems require data inputs from a variety of sources. These include inventory management, warehouse management, logistics, billing, HR, and so forth. Cloud ERP-based accounting automatically integrates these multiple data sources.

Main Reasons to integrate Cloud-Based Accounting ERP Software for SMEs

Below are the trusted and accepted reasons by many businesses to integrate accounting erp software management. In fact, below are the five advantages of using Cloud ERP software for accounting functionality.

1.Very clear and detailed accounting reports

Standalone accounting packages offer basic financial reports like income statements, balance sheets and so forth. In contrast, Accounting Cloud ERP offers many more varied types of reports. Examples include cash flow projections based on inventory management and order statuses and accounts receivable aging overlaid with customer order pipeline. These reports give you more than just financial data. They help you manage your business more effectively.

2.AR automation

Automation helps with productivity. By having Accounting Cloud ERP, it’s easier to automate workflows that cross between the two systems. When you use Cloud ERP for accounting, many accounting and financial tasks can be completely automated. For instance, you can streamline accounts receivable and accounts payable management, and cash management. Automation also lets you track financial transactions more quickly.

3.Escape from duplicate data entry

Having separate systems usually means manual re-inputting of data from one to the other. Integrating Cloud ERP in accounting system removes many tedious processes of data entry by hand. Cloud ERP makes data entry fast and consistent.

4.Free from calculation errors

Manual data entry is notoriously prone to error. These include transposed digits and incorrect client names, etc. These can cause calculation mistakes, which then take time to unwind. You can also see who did what, for each transaction, in case you need to track down someone who made a mistake.

5.Get complete control

Using Cloud ERP for accounting gives you more control over your business. You can see the bottom-line impact of events and decisions in real-time. If you want to know how accounting Cloud ERP can help to run business better by integrating into your business, let’s talk to experts.

Accounting Management with Averiware Cloud ERP

Averiware is providing an adaptable, feature-rich, and integrated cloud-based enterprise resource planning software that streamlines your business processes and facilitates your decisions. The core of your Cloud ERP, Averiware delivers powerful accountinng erp software that simple enough for small shops and comprehensive enough for complex multi-nationals that can support your needs today and in the future.