What is the difference between ERP and traditional financial software?

Generally speaking, it is divided into the following parts: production, materials, sales, procurement, marketing, finance and so on. According to different industries, there are other parts that can be added.

In the environment of ERP, finance is not a separate department, but a part of the overall environment of the company. It can be combined with other departments' software to improve efficiency and reduce errors.

For example, in an ERP system software, when the purchasing department creates an order, the financial department can immediately access the contents of the order enjoyed by * * * through the network, and easily obtain the purchase cost price, retail price (this may not be applicable to all industries), total order price, delivery method, delivery time and other related information. In this way, it is no longer necessary to inform the financial department of the relevant order information. The process is reduced and the probability of human error is also reduced.

Similarly, when the material department establishes a new material information, the financial department can immediately know the purchase price and supplier information of the new material (thus avoiding paying the wrong person, because the system will prompt the wrong supplier information when accounting payment is payable).

ERP used to have a name called integrated system of purchase, sale and storage. From this name, we can know that it not only puts the systems of several departments together, but integrates different functions with the supply chain as the main line.