3 benefits of ERP software to the accounting area

ERP software can help us simplify many of the company's financial and accounting tasks. By automating these processes, we save time and solve problems in a timely manner, which allows us to obtain better results.

In this article, we tell you how this type of software can contribute to efficiency in the accounting department.

Benefits of ERP software in the accounting department

An ERP (Enterprise Resource Planning) system is a complete platform that integrates multiple complex business processes, helping to increase efficiency and productivity.

These benefits extend to the accounting department, where we can highlight the following advantages:

1. Error-free recording of assets and liabilities 

Manual data entry is a tedious process, especially when dealing with numbers. In addition, it has its limitations, because any human error can be costly in terms of accounting, generating duplication of data or wrong calculations.

The use of a software eliminates many of these errors, because every time we record new income or expenses, we can generate results reports that will automatically reflect these changes. In this way, there is no need to intervene in the system, thus avoiding mistakes and saving time in the accounting management process.

2. Expense management in a centralized system

When a company's accounting department has access to an ERP system, it can integrate all information in one place and manage all aspects of the financial process from a central platform.

This simplification also benefits the administrative and operational processes, since the rest of the company's areas can access the same information through our ERP accounting software.

It is worth mentioning that modern software works through cloud services, this means that the data is hosted in the cloud and is accessible 24 hours a day from any device.

3. Easy compensation management

One of the activities that we must carry out every month is to make sure that our employees receive their salary on time. This is important to avoid employee discomfort and to comply with labor laws.

Calculating each employee's salary manually is a lengthy process and can lead to many errors.

On the other hand, an accounting software integrated in our ERP helps us to calculate the payment of remunerations taking into account social security contributions, bonuses, overtime, vacations, leaves and other elements that influence the salary of each worker.

Get to know Defontana's ERP Peru Solution

Do you feel that your company's accounting processes could be more agile? Is there a lack of organization in the financial data? These are signs that it is time to implement specialized software.

Defontana's ERP Peru solution is a cloud-based software designed to manage all areas of your business, including the accounting department. This allows you to save time and money by automating tasks, so you can focus on other important activities such as negotiating contracts and planning the growth of the company.