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Which Enterprise resource planning (ERP) software is best for Accounting?

I would like to learn ERP software for Accounts but confused as to which one has more demand in UAE market.

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Question added by Ravin Mangtani , sales operations supervisor , PORCELLAN CO. LLC
Date Posted: 2015/11/07
CIMS ERP
by CIMS ERP , Construction Consultant , CIMSERP

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After having a long experience playing with software, I can suggest some of the best are: Tally ERP9LSAcademia, Ray Tech Trade ERP. You can check the full list and ask for free demo on software discovery platforms like softwaresuggest.com

Muhammad Adeel Qureshi
by Muhammad Adeel Qureshi , SAP Fico Consultant , Ittehad Chemicals Pvt Ltd

According to my point of view SAP (ECC6) is the best ERP software for any organistaion...

LINO ABRAHAM
by LINO ABRAHAM , Asst. Manager (Finance & Accounts) , Vision Road Lines

As per my knowledge for small and medium size firm Tally ERP9 best and SAP is recommended for company with Huge turnover and which is user friendly. 

Mahmoud Habeeb
by Mahmoud Habeeb , Package Solution Consultant S/4HANA Finance , IBM - Egypt

I agree with  Jamil Khoury 

Nafees Ahamed CMA MBA
by Nafees Ahamed CMA MBA , Finance Director/ACFO , A Major Real Estate Developer / Constructor

IN the world of ERP, there is nothing called the BEST for accounting.  And, there is NO software in the world that caters to all requirements of the users.    The term BEST depends on the requirement, budget and also which part of the world users live in.  In India TALLY, FOCUS are popular even though we have many other tiny developers.   In Canada its QuickBooks, ACCPAC etc.  In Dubai I have heard about many (Barn, Tetra, MS Dynamics, SAGE ACCPAC etc).   Above these we have the big brothers such as SAP, Oracle, JD Edwards, etc.

 

SAP is over the budget for firm of employees.  Tally is too small for company of employees. When selecting the best of available options, its first better to define the requirements and select one system which comes close to the requirements, within an affordable budget.  The other aspects to consider are, vendor experience, after sales service, vendors strength (no of satisfied implementations, technical staff), the technology used,

 

Having said that, If one wants one answer for this, my answer would be ACCPAC

Sreekumar Varma
by Sreekumar Varma , ERP Project Coordinator , Oriental Press Bahrain

The visibility of financial and accounts data from ongoing transactions to and fro of any Operating unit is available to Finance windows and it makes the processing much simpler and faster. There will be less chance of human errors, duplication and redundancy.

Consolidation is faster

But most important, you need to have a comprehensive plan and accounts structure mapped, else every will be jeopardized.

Deleted user
by Deleted user

Oracle Financials ERP is user friendly and simple.

Mudasser Siddique
by Mudasser Siddique , Finance Business Partner (FP&A B2B) , the ENTERTAINER

The two largest vendors of ERP Packages are Oracle SAP AG.

Manufacturing Companies with complex, diverse, and large operations tend to implement SAP because SAP is more suited to these types of operations.

 

However, Oracle EBS (eBusiness Suite) is seen mostly in Groups having- SMEs and Oracle is mostly used for its Financial module, although it's now getting popularity in some other modules also.

 

If talk about flexibility and customization, SAP offers more customization and flexibility than Oracle EBS.

 

Jamil Khoury
by Jamil Khoury , Corporate Financial Controller , Solidere SAL

In order to choose the best "ERP"  system for your accounting department, you have to take into consideration the following criteria :

-your company size :  Big and large companies have different needs than Small to medium size ones. 

-the  industry  type:  each industry has needs for special requirements usually tailored in some ERP's.

- your budget  :  this is crucial to cover the licensing, implementation , data migration and training fees. 

- the complexity level of your financial work flow, and the number of daily transactions.: these would define your needs for choosing "powerful" ERP's .

After defining the above , your searching would be much easier.

Of course , i could give you some of the shining names , like Oracle Financials , SAP, Great Plains, Sage, J.D.Edwards , Sun Systems...etc. 

nevertheless, you should consider  the one who has a strong support team and a representative office in UAE.

 

 

                                   f

RAJESH DESHKULKARNI GOPAL
by RAJESH DESHKULKARNI GOPAL , Group Accounts & Tax Manager , Confidential Group

As per my experience SAP is user-friendly & far better than other ERP platforms.

But, it's quite expensive as compared to other competitors.

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