Today, businesses have to manage multiple types of data from multiple sources, all while managing a myriad of business processes. To meet these challenges, businesses rely on software to support their accounting and process requirements. In this article we will discuss the differences between software choices; specifically, Accounting software and Enterprise Resource Planning (ERP) software, as well as how this relates to the difference between “reporting” and “analytics”. Accounting software simply provides core financial information; basically, a snapshot of “what happened”. This software is tailored specifically for accounting, to be used by the Accounting and Finance departments. Enterprise Resource Planning … Read More