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Which is the best accounting system, is it ERP or SAP?

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Question added by Ajey Prashanth Sugumar , General Accountant - MENA , Jones Lang Lasalle
Date Posted: 2013/10/22
Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

SAP is an ERP system package.

 

Please refer wiki for knowledge on ERP.

Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

SAP is an ERP. it is beeter Fast and easy to use

Yousuf Malik
by Yousuf Malik , Senior Financial Accountant , QatarEnergy Holdings (UK) Ltd

ERP (Enterprise Resource Planning) is a concept and SAP is a ERP tool (software), however SAP has become synonymous to ERP because it has been widely used in around26 industry verticals and enjoys a market share of60% across the globe.

 

The other ERP's in market are BAAN, JDEdwards, ORACLE ERP, MFG PRO, Microsoft Business Solutions (Navision and Axapta), RAMCO which are very familiar, however even Tally has also ERP functionalities in it. ERP is such concept where the information flow from one function to another is integrated very tightly and each of this ERP products have their own uniqueness, and SAP scores over other ERP because of its evolution, and as a matter of fact SAP was the first company to design this ERP tool which linked the various functions of a organisation.

Hussam Murad
by Hussam Murad , Managing Director , Block-chain Smart Solutions

SAP is a huge ERP system classified as world leader, if you are looking for accounting system SAP is not suitable for small or medium organization. To get the best ROI (Return On Investment) a small software like peachtree would fit perfectly for small to medium size business, the bigger organization will grow a stronger ERP should be implemented, here ERP will take care not only for accounting side but it will handle all operational activity in the core areas of Finance, Supply Chain and Human Resource.

 

Jawed Akhtar
by Jawed Akhtar , Senior Business Application Consultant , Yamama Cement Company

SAP

Amr Abdelaziz
by Amr Abdelaziz , Senior Operation Manager / Customer Service Management , Orange Business Services

SAP is an ERP system which consists of modules connected together to cover business processes of a certain company or enterprise. Some of these modules are HR, finace, material management, maintenance and other modules that covers every need. SAP is the best, strongest and most stable ERP system.

Islam Taha
by Islam Taha , Technical Service Engineer - Middle East & Africa Region , 3M

ERP is a type of software which helps managing big companies work, SAP is a software that belongs to this type, also Oracle.

 

SAP has an accounting and costing module

Ahmed Hamed
by Ahmed Hamed , Deputy Mgr. Tax & Accounts , GS Engineering & Construction Corp.

SAP-ERP

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

SAP is an ERP.

The best accounting system is the most cost effective system which meets you needs.

Aqeel Imran
by Aqeel Imran , IT support Engineering , Saudi Border Guard ( Arabic Computer systems)

yes ERP is phenominay you can say and SAP is name of a ERP product by one company.

ERP system by any vendor is flexable and customizable and intigrates all the departments an need of resources managment in form of modules in one place  that is real power of the ERP system

ERP systems some with so many commenly used options in every modules and all modules are intigrated with each other that saves time and if you need any other option add fields or modules to it if you dont need those fields or modules you remove them like taxes and state codes are not used in saud so you remove it .which makes it highly effeciant  managment tool.

 

and if they can not doo all these things and perform just specifc function than it is called software

like some one here said peachtree its not erp its accounting software

hope that is infomative for all friends

 

Khalid Bin Mohammed Al Abusani
by Khalid Bin Mohammed Al Abusani , Sr. SAP Basis Consultant , ITQAN Al Khaleej Computers

Enterprise Resource Planning(ERP) is a concept which is provided by many companies such as Oracle, BAAN, People Soft, SAP etc...SAP ranks1.

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