You may be wondering why you would use ERP or Enterprise Resource Planning Software. The reasons companies invest in this technology vary, but reporting, productivity enhancements, and cost reduction are typically the main factors. An ERP system is an integrated system that can manage both internal and external resources in a business and enables interactions across multiple departments and locations tied into the accounting and reporting function. For example, a company that runs an ERP system can have a customer service center in Dallas, a warehouse in Baltimore, and its main accounting office in Seattle.
An ERP system also automates business processes through standardization, which is meaningful for the entire organization. Information flows constantly and allows you to track the progress of inventory, shipments, service, and profitability in one place. With this level of company-wide integration, you can move products faster, process orders quicker, invoice customers more rapidly, and get those financial statements to the boss on time. This overall improvement in business performance helps communication with all departments, improves the interaction between staff, and helps everyone make better decisions for the business.
When it comes to managing your business’s accounting and financial processes, QuickBooks provides robust solutions tailored to diverse business needs. Choosing between QuickBooks Desktop Enterprise and QuickBooks Online involves understanding each version’s distinct benefits. gotomyerp is here to help you navigate these options and determine the best fit for your operations. Understanding QuickBooks Desktop Enterprise […]
In today’s increasingly digital world, the significance of robust cybersecurity measures cannot be overstated, particularly for businesses managing sensitive financial data. Cyberattacks, such as ransomware threats and data breaches, pose a relentless risk, targeting businesses at an alarming rate. The discontinuation of QuickBooks Desktop Version 2021 services by May 31, 2024, serves as a critical […]
As we approach the service discontinuation date for QuickBooks Desktop 2021, it’s crucial for businesses relying on this software to understand the implications and explore their options for a seamless transition. Gotomyerp is here to guide you through this significant change, ensuring your accounting operations continue without disruption. Understanding Service Discontinuation When will QuickBooks Desktop […]
