Financials refers to a subset of modules within ERP.įinancials are the business functions relating to the finance department of an organization and includes modules for financial accounting, subledger accounting, accounting hub, payables and receivables, revenue management, billing, grants, expense management, project management, asset management, joint venture accounting, and collections. What’s the difference between ERP and financials?Īlthough the term “financials” is often used when describing ERP software, financials and ERP are not the same thing.
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