Selecting the right ERP system for your organisation can be overwhelming, especially with all the chaos of the holiday season and the end of the year. That’s why our trusted advisers have created an essential ERP gift guide to help you tick everything off your ERP and finance software wish list.

1. Designed for Cloud

Software that’s ‘Designed for Cloud’ means access to your organisation’s finance and accounting anytime, anywhere, on any device with a browser! By reducing reliance on manual data entry, a  Postmodern Cloud ERP system provides the perfect platform for upgrading to automated solutions and actionable data, so that finance departments can successfully influence their organisations’ operational growth strategy. Solutions that were built for the Cloud, handle their accounting software in secure, reliable and compliant data centres, ensuring constant 24/7 service and state-of-the-art data privacy protection for all customers. With innovation at the core of a ‘Designed for Cloud’ solution, software is always up-to-date with the latest tech: SmartAI, automation and even open banking capabilities.

 

2. Unified Ledger

One, singular Ledger for all accounting transactions, with two entries; a credit entry and debit entry. These records are not replicated anywhere else, rather they are pulled when needed, in real-time. Data is stored at the point of transaction, enabling the user to define their own analysis codes, rather than creating a multitude of account and product codes, ensuring that the chart of accounts remains simple and manageable, without the requirement to reconcile.

 

3. Multi-company and Multi-currency

A business and accounting solution that provides the ability to account for any number of companies, and select either the base currency or a foreign currency for each transaction, operating in real-time across multiple periods and multiple user-definable calendars to support fiscal and management reporting. This ensures your organisation’s needs will always be met, wherever it operates, and regardless of its complexity.

 

4. Extensive Business Integration

A highly scalable Postmodern ERP solution that supports seamless integration to third-party business solutions via API, including Excel integration and open banking capabilities. This enables organisations to select the systems that best fit their needs, so that they are able to choose the best-fit CRM, HR, Supply-Chain and Finance systems that all work together to drive operational growth through cross-functional real-time data and insights.

5. Automatic Updates

A platform that ensures automatic maintenance and feature updates are accessible to users at no extra cost. No setup or admin fees, with a tiered 30-day rolling contract (pay-as-you-go) pricing model that supports all users, from those who simply need to submit or approve an expense claim, to others who are maintaining sophisticated analysis of customers, suppliers, projects, inventory, people, assets, cash, and much more. 

 

6. Workflow and Collaboration

A document-centric approach that allows an organisation’s documents to be stored or shared in the Cloud, enabling access to important information, from anywhere. Document workflow can be used to manage a series of approval processes and for different users to view or change different information before it is finally committed to the ledger.

To find out more about how Aqilla’s simple yet powerful ‘Designed for Cloud’ ERP solution could support your organisations’ operational growth strategy contact our experts or learn more here.