Many small to mid-sized businesses use spreadsheets for their accounting, at least for the first few years. Over time, they may move to a basic software like Quickbooks. While these solutions are less daunting than an ERP system—an enterprise resource planning system—in the end, they fall far short of an ERP’s power to transform businesses by boosting efficiency and profitability. Are you still stuck on spreadsheets? It’s time for a major upgrade.
One of the best ERPs on the market today is Sage 100. Sage 100 includes powerful accounting tools, combining accounting and financial management into one efficient package. On-premises as well as online deployment gives you the flexibility and security your business may need, and Sage 100’s wide-ranging capabilities will benefit every aspect of your business.
For now, let’s focus on how Sage 100 can benefit your accounting processes.
5 Benefits of Sage 100 for Accounting
- Efficiency
Accounting is so difficult because it combines vast amounts of data, constant repetitive processes, and strict regulation. That’s a recipe for human error! With an ERP like Sage 100, you can automate many repetitive accounting tasks, reducing errors and freeing up your employees’ time for more complicated processes.
- Productivity
Because Sage 100 eliminates many manual processes, your accounting employees will have more time to devote to higher-value and higher-impact projects. In addition, ERPs, when implemented well, lead to higher employee satisfaction and empowerment.
- Collaboration
Because ERPs like Sage 100 collect all your business data—across departments—into one place, they foster collaboration not only among members of the accounting team, but between the accounting team and other departments. Having a central repository of data takes away a huge barrier to collaboration: siloed information.
- Compliance
Compliance is crucial to accounting. With Sage 100, your financial information is all in the same place, so instead of scrambling to put together scattered data for an audit, you’ll have all the important information at your fingertips. Automated processes mean fewer manual errors, and dashboards give you much greater visibility into your financial information.
- Security
Whenever you’re dealing with financial information, security is paramount. A cloud-based ERP system like Sage 100 can provide top-of-the-line security for your sensitive data. In addition, you’ll have much greater control over who has access to which information.
Customization Brings Even More Benefits
Unlike many standard accounting programs, Sage 100 is flexible and customizable, adapting to many different business processes and needs. You can choose the features and modules that you want and add more as time goes on. There are many specialized modules, including ones for the hospitality industry, the entertainment industry, distribution, hard goods manufacturing, and more.
If you want to expand the capabilities of your Sage 100 ERP even further, you can add modules such as Sage HRMS, which is a human resources management tool that lets you manage payroll, employee records, and more. Sage Fixed Assets gives you insight into and control over your fixed assets, and Sage CRM puts powerful customer service tools into your hands. All these modules will seamlessly integrate into your existing installation, providing exceptional collaboration and visibility opportunities.
Ready to Make the Switch?
The ERP experts at ASI can help you implement, customize, and support your Sage 100 ERP. We have both the knowledge and the tools to help you reach your unique goals, and we will work with you to find the best solution for your needs. Contact us or schedule a free consultation today to learn more about how Sage 100 can transform your business.