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ERP Frequently Asked Questions

ERP software FAQ FAQs | Frequently Asked Questions

How many ERP software applications are there?

Over 200.

The web site uses the term 'core financials' - what does this term mean?

Core financials is an industry term used to describe the primary financial accounting software modules of general ledger, account payable, accounts receivable and sometimes fixed assets. The financial suite is usually separated from the distribution software suite which includes purchase order processing, sales order processing and inventory management.

What are the differences between project accounting and job cost?

While we're not aware of any industry accepted or universally accepted definitions for these two terms, project accounting is a cost accounting method normally associated with the professional services industry. In this context, projects are often associated with client engagements. Job cost is also a cost accounting method but is more commonly associated with inventory-based companies and manufacturing processes.

How do you define and separate client/server and software as a service ERP systems?

We define client/server applications as those programs which segregate the database logic, application logic and presentation logic between an on-premise client and a sever. While the majority of client/server applications tend to place almost all database logic on the server, split the application logic between the server and the client and use a fat-client approach (placing significant processing on the PC) for presentation processing, it's really not relevant how the application processing is distributed in terms of defining the business application as a client/server application. We define software as a service applications as those systems that may be procured with a subscription pricing model, are centrally hosted at data centers, delivered over the Internet and operated through a web browser.

When will the next ERP software report be available?

At this point, we suspect the next version of the ERP Software REPORT will be available in the first calendar quarter. The first quarter is when we typically release each new version of this report.

Is CRM part of ERP or its own business software category?

Both. As a unique category, CRM normally consists of sales force automation (SFA), marketing automation and customer support. As part of ERP, CRM is one of the five ERP pillars, with the other four pillars being financial accounting, distribution or supply chain management, manufacturing and human resources / payroll.

How many CRM systems are there?

About 180.

Is there a difference between fixed assets and asset management?

Within the context of the financial software systems content in this site, there is no material difference between the terms 'fixed assets' and 'asset management' and the two terms may be used interchangeably.

Do you provide consulting services for software selection projects?

No. However, if you would like to send us a description of the type of assistance you are looking for along with some background on your company, we may be able to provide you a referral.

Is an ERP system?

No. is a CRM (Customer Relationship Management) system. may partner with other vendors to supply ERP capabilities such as financial or accounting software, distribution or supply chain management (SCM) software, manufacturing software, human resource information systems and payroll software.

Is the hosted product NetSuite an ERP system?