Business Automation and Software Blog

Use Sage 300 ERP or SYSPRO Accounting Software for Better Budgeting

Posted by Robert Baran on Wed, Nov 08, 2017 @ 11:00 AM

SYSPRO accounting software

Your Sage 300 ERP and SYSPRO accounting software make it easy for you to see at a glance how well your company is performing. But did you know you can also use it for better budgeting?

As you embark on a new budgeting cycle, you need data to begin the process. Actual spending versus budgeted amount, actual sales versus forecasted amounts, and other information is needed to begin your new budget. Even if you use zero-based budgeting, having accurate, timely information on this year’s activities is important so you can estimate next year’s as close to actual as possible.

Both Sage 300 ERP and SYSPRO offer excellent accounting and budgeting support for manufacturing companies. Here are some of the highlights of each software package’s accounting features so you can choose the one that meets your needs the best.

Sage 300 ERP: Flexibility Built into the System

Sage 300 ERP is a customer favorite, and for good reason—it offers unparalleled flexibility built right into the system so manufacturers can choose the package that best suits their needs. The three basic Sage 300 ERP packages available include Standard, Advanced, and Premium. A comprehensive set of modules, along with excellent customization and scalability, make Sage 300 ERP a good choice for businesses who anticipate that their business needs will change as they grow.

Some of the modules you can choose to add to your Sage 300 ERP system include:

  • Business intelligence and reporting: To make sense of your business data and translate it into charts, tables, graphs, and more, business intelligence and reporting is essential. It’s a great tool for budgeting if you’re looking for a fast way to estimate revenues and expenses for the new fiscal year.
  • HR management: Manage recruiting, payroll, personnel, and more, and remove tedious and time-consuming tasks from your HR department so they can concentrate on what makes the biggest impact on your business.
  • CRM: Customer relationship management, or CRM, enables you to communicate effectively with your customers and track responses and information in one database. Sage’s CRM module with Sage 300 ERP provides great tools to connect with your customers and engage with them across multiple channels.

As you prepare your budget for next year, you can pull actual expenses from Sage 300 ERP in multiple categories. Use these expenses and income growth projections to estimate desired budgets and forecasted revenues and profits. Whatever you need to do to make budgeting easier, Sage 300 ERP can assist.

SYSPRO: Powerful, Mobile ERP

SYSPRO ERP is a mobile ERP that supports your core business functions so you can focus on what matters. Receive customer orders through the system, track inventory records, schedule operations activities, and more using SYSPRO ERP.

With SYSPRO, you can make significant improvements in the following areas of your organization:

  • Manufacturing Management
  • Distribution Management
  • Financial Management
  • Reporting & Analysis

Information obtained from your SYSPRO system can be used for any type of budgeting process. Develop zero-based budgets, cost-based budgets and more from the information in your SYSPRO system. You’re empowered with accurate, real-time data to make smart decisions for your company.

Budgeting Can Be Easier

Budgeting doesn’t have to be a frustrating activity. To start your budgeting process this year, turn to your ERP system for information, or ask us which ERP is right for you. While we can’t make your budget for you, we can empower you with the tools you need to create a solid foundation for your company.

PositiveVision

For more information on SYSPRO ERP or Sage 300 ERP, visit PositiveVision. PositiveVision provides consulting and services to manufacturing, warehousing, and distribution companies. ERP automates many businesses processes and can help you improve communications with customers, among other benefits. With the right data, you can better manage your business. Learn more on our website or contact us today.

Topics: Sage 300, SYSPRO