Which accounting software will leads in gulf accounting culture?

Dear,

Telly , QuickBooks and A valid ERP softwares are found valid in Gulf.

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Determine the best business accounting program is an almost impossible task, as the suitability of one or the other applications depends on many different factors, especially user needs, preferences usability, it is a freeware or payment or, for example, compatibility with other programs.

The nature of a business management system is modular (divided into separate parts), it attempts to structure and organize all departments of a company. As a company is organized into departments, ERP are organized into modules (which roughly correspond with the departments of companies). The core modules are:

- Finance: stores information from the treasury of the company, financing (loans), investment, accounting, etc.

- Shopping: stores information and procurement management (procurement) of the company, suppliers, etc.

- Sales: stores information and sales management. Sales data issued items, selling prices, etc.

- Logistics: stores information and warehouse management, inventory, transportation, etc.

- Human Resources: stores information and personnel management, payroll, job categories, overtime, taxes, etc.

- CRM (Customerrelationship Management System or Customer Relationship Management) is a subsystem that keeps information and management of customer relationships (facts, contracts, etc.).

Depending on the size and type of company you may be adding different modules, as can be: project management, marketing, production and manufacturing, document management, business intelligence and more.

Not all companies have an Accounting ERP, but we can say that all medium and large companies have an Accounting ERP (or something similar to an ERP). A company faces a first initial dilemma: develop their own ERP (involves significant costs of developing and maintaining software) or use an existing one on the market (saves costs, but fully adapted to reality and philosophy of the company? ).

The trend in recent years seems to opt for the use of existing ERPs in the market, perhaps with additional modules developed specifically for the company, or adapted to suit specific needs. However, there are still many companies that use ERP own.

After choosing the Accounting ERP (either own development, or between existing on the market), an equally difficult next step is to implement the ERP within the company. An ERP is a form of work and organization of data that will have to adapt the employees and executives of the company.

It is estimated that 10% of projects to implement Accounting ERP not come to fruition by difficulties being adapted by employees, poorly designed, submit bugs, etc. A resounding failure was that of the multinational “Nike”, which not only spent tens of millions of dollars developing an ERP, but its implementation was a disaster with dire economic consequences, until he gave up and left.

To choose an ERP a company must take into account various factors such as the degree of specialization (is not the same a pharmaceutical laboratory that a supermarket chain for example), the size (not the same as having 50 employees to 50,000), the scalability of the ERP (will accommodate the growth forecast that the company?), security (not the same management company NPP that a packaging of vegetables) and other factors.

As you can assume there are many business management programs that are currently in UAE (hundreds or thousands).

The ERP’s most important market, by volume of companies that have implemented and number of users who know and use are:

1. Tallysolutions

Tally powers more than 9 Lakh businesses worldwide. With Bharat Goenka — son of the late founder — at the helm, Tally remains firmly committed to Indian business. A pioneering company, Tally was the first to introduce codeless software, a natural language interface, path-breaking remote functionality and other unique capabilities. It was the first to launch free service and breakaway commercial terms including free upgrades and no charge per seat to transform the ownership experience. Its strong principle right from the early years to reach customers through a dedicated partner network has resulted in a robust partner system. Most used best accounting software in UAE

2. Peachtree

Sage software manages accounting, ERP, HR, payroll, payments, assets, construction, and real estate. Their solutions travel with you or stay where you want them—in the cloud, on-premises, or both—giving you the freedom to work where you need. Products are available for your industry and small or medium-sized business. Sage offering accounting software in UAE and Saudi Arabia

3. SolutionDots

SolutionDots Software based company in Saudi Arabia & UAE An efficient accounting solution, easy to use and designed to meet virtually every need, while access to secondary options can be somewhat complicated. It lets take exercises several companies at once, reporting, detecting irregularities and quick access to relevant information through the toolbar, such as invoices, vendors, customer lists, etc. Also irregularities in the accounts. It is multiuser, with personalized access.

4. Sap

This ERP software is aimed at small and medium enterprises. It dates back to the year 1996 to Israel, its initial name was Top Manage until SAP acquired and marketed under the name SAP B1 (Business One). He is a very popular solution and offers on many official partners to install any country. According to the official website of some 47,000 companies they have implemented this platform. Obviously you have B1 in almost every language in the world and UAE.

5. Oracle

Oracle offers a lot of options of ERP. E-Business Suite ERP covers all facets and all industries. The latest version includes an integrated business intelligence tools portfolio. It also offers complete suites of ERP acquired companies such as PeopleSoft and JD Edwards. Today is the second ERP market with more customers. Oracle offer could base software solution in UAE

6. Microsoft Dynamics

Microsoft Dynamics is a line of ERP and CRM software developed by Microsoft, although individual products were originally created by other companies and known by several other names (Navision, Axapta, Great Plains, Solomon, etc). Microsoft Dynamics formerly known by the code name “Project Green”, replaced Microsoft Business Solutions, a software company after the family business.

7. Infor LN (formerly Baan)

INFOR ERP LN (formerly Baan) is a software aimed at large and medium corporations. It is considered that provides security, strength and extensive functionality. It is widely used in complex industrial environments in the world solution. INFOR ERP LN (Baan) is a very robust tool that works with multiple databases (Oracle, SQL, Informix) and operating systems (Unix, Linux, Windows). It has thousands of customers in numerous countries like  UAE, Saudi Arabia

Today more and more companies implement an Accounting  ERP. Approximately, the implanted worldwide are SAP ERP (24% of companies) and Oracle (12% of companies). Other solutions are widely used Sage, Microsoft Dynamics and Infor LN (each of which has about 5% market share). Thus, approximately 50% of the market is dominated by large companies, while the other 50% is shared between multiple software development companies or companies that have developed their own Accounting Software in UAE.