This software solution helps in financial reporting, corporate governance, accounting, performance management. The ERP finance module as a component helps the financial management and accounting functions. The software rightly integrates with the business process of the organization, and manages the accounting needs of the organization. Managing payment and other types of revenue are some of the crucial features of this solution. This financial module gathers data and could produce one of the effective reports with the help of this data. The other features of this system are General Ledger, accounts receivable, risk management, purchasing, profit tracking, etc. ERP-based accounting offers one of the best advantages; it can automatically integrate with many sources.
The benefits of SAP ERP financial are it is cost-efficient, offers customized solutions, helps in the right reporting, etc. It significantly reduces the human error that is seen many times while preparing complex financial reports.
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| Company Name | Market Share |
| SAP | 24% |
| Oracle | 12% |
| Sage | 6% |
| Infor | 6% |
| Microsoft | 6% |
| Kronos | 5% |
| Concur | 2% |
| IBM | 2% |
| Totus | 2% |
| Yongyou | 1% |
| Others | 37% |
| Total Contacts | Total Postal Universe | Total Emails Available | Total Phone Numbers |
|---|---|---|---|
| 39,131 | 39,131 | 27,713 | 34,559 |
