Software Guide
ERP vs accounting software
Both can support financial work, but they usually solve different levels of business operations.
What is the main difference?
Accounting software primarily focuses on financial records and accounting processes. ERP software has a broader purpose: connecting multiple areas of business operations, which can include accounting alongside sales, purchasing, inventory and reporting.
ERP and accounting compared
| Area | Accounting software | ERP software |
|---|---|---|
| Primary focus | Financial records and accounting processes | Connected operational and financial processes |
| Sales | May record financial effects of sales | Can connect sales workflows with other operations |
| Purchasing | May record purchase-related financial activity | Can connect suppliers, purchasing and receiving |
| Inventory | Depends on the accounting product | Can connect products and inventory with operations |
| Business scope | Primarily finance-focused | Designed to connect multiple business functions |
Which approach fits your business?
A business mainly focused on financial record keeping may evaluate dedicated accounting software. A business that wants to connect finance with inventory, purchasing, sales and other operations may evaluate an ERP system.
Product capabilities vary, so the decision should be based on the actual modules, workflows and integrations required by the business.
Accounting inside Exbizo ERP
Exbizo ERP includes accounting workflows alongside sales, purchasing, products, inventory and business reporting.