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Accounting software helps you record the flow of your company's money and examine your financial condition. Here's everything you need to know about accounting software and the benefits of using it. Managing your company's finances can be difficult, which is why you need accounting software to help you track your money as it flows in and out of your accounts. Quality programs have several timesaving options that reduce the time you spend entering data into the system. Depending on the program you have, accounting software can make tasks like invoicing your customers, recording the payments you receive, and following up on past-due receivables much easier and faster. However, the software's sophistication can vary by vendor. While some systems offer just the basics, allowing you to record what's coming in and what's going out, other companies offer more advanced tools, automating tasks you'd otherwise have to perform manually, such as daily data transfers th...

Enterprise Resource Planning (ERP) systems have become a standard for collecting all business areas in one system. For some organizations it is a necessity for doing business, while others use it to outperform competitors. Prior research in the area of ERP systems and competitive advantage is dispersed and insufficient. Based on literature review and in-depth interviews at two Norwegian enterprises we have developed a framework which we believe gives insight into the areas managers should focus on when implementing ERP systems. Deciding whether or not your business should take on an erp software can be an overwhelming decision, especially if it is your first time implementing major software. You may think that operating without ERP can be done, but if you want to see a positive change in business and experience overall growth, it is important to take the necessary steps in order to see the benefits of ERP software. So is investing and implementing ERP software worth your time? We say y...