Explore (search) the world of ERP packages that are distinctly targeted toward Accounting/Finance. Are they unique? Why/why not?
DB PEER RESPONSE
Why are ERP precepts regarding standardization critical to Finance and Accounting departments in a large enterprise?
– According to the article the financial model is the core of many ERP software systems. It will allow the company to gather information from various functional departments, and helps to generate valuable financial reports such as the gneral ledger, trail balance, asbalance sheet and quarterly financial statements. In rgards to the ledger module it is hte foundation of the accoutning system. It helps to provide a robust feature set designed to handle your most demanding bugeting and process needs. After reading the article I think that this plays a big part into the company and managing the assets and financial responsibilities
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