With all of the technological innovations of the last decade, it makes sense that many practices have been made easier through automation and new solutions. And online accounting is no exception.
Traditionally referred to as “accounting software”, an ERP (Enterprise Resource Planning) solution is a state-of-the-art application that provides users with capabilities that facilitate supply chain, operations, reporting, and HR management. However, ERP’s have been known to be extremely expensive and time-consuming to implement, scaring many people away from this technology.
The image below (by Microsoft) illustrates seven trends that could encourage your organization to no longer fear the ERP and possibly look at moving to a cloud solution.
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This post originally appeared on Altus Dynamics’ blog.