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If you’re dealing with outdated software, endless spreadsheets, and slow month-end closes, you’re not alone. Finding the right ERP accounting software is tough—there are too many options and not enough clarity.

As a financial controller, I’ve been through it. I know what makes a tool genuinely useful for a finance team.

I’ve tested and reviewed these tools with real-world operations in mind. This list will help you find a system that saves time, reduces headaches, and actually supports your team’s workflow.

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We've been testing and reviewing accounting software since 2023, on a mission to make it easier to manage business finances. As financial operators ourselves, we know how critical (and difficult) it is to make the right decision when selecting software.

We invest in deep research to help our audience make better software purchasing decisions. We’ve tested more than 2,000 tools for different finance use cases and written over 1,000 comprehensive software reviews. Learn how we stay transparent & our accounting software review methodology.

Best ERP Accounting Software Summary

Next to features, cost is one of the most important considerations. Here’s a quick look at the cost and trial information for each of my ERP accounting software picks.

Best ERP Accounting Software Reviews

Want more information? Here’s a complete breakdown of each of my top ERP accounting software selections, complete with pros and cons, cost, and feature sets.

Best for global firms

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4/5

Oracle NetSuite Cloud Accounting is a complete cloud-based accounting solution for firms of all shapes and sizes. Functionality includes a general ledger, accounts receivable (AR), accounts payable (AP), tax management, close management, and more.

Why I picked Oracle NetSuite Cloud Accounting: I selected Oracle NetSuite Cloud Accounting primarily for its excellent tax management features and global compatibility. It’s a great fit for global firms, as it helps firms manage local taxes across subsidiaries (and with support for multiple tax schedules).

Standout features & integrations:

Features include automated AR and AP workflows to reduce manual errors and free up time for higher-value activities. The software's advanced tax scheduling functionality also includes GST, VAT, general sales tax, and consumption tax, making for easier reporting and tax compliance.

Integrations include Shopify, Amazon, ShipStation, Shopify POS, and WooCommerce via the NetSuite Connector.

Pros and cons

Pros:

  • Global reporting capabilities
  • Industry-leading tax management
  • Substantial automation features

Cons:

  • Overkill for small firms
  • Expensive

Best business intelligence tool

  • 30-day free trial
  • Pricing upon request
Visit Website
Rating: 4.6/5

Microsoft Dynamics 365 Finance is part of a broader suite of software (Dynamics 365), but it’s available as a standalone product (you don’t have to bundle it with other 365 products). For this reason, it’s reasonably cost-effective — and the build-a-bundle options make it a pretty versatile choice for growing teams.

Why I picked Microsoft Dynamics 365 Finance: I selected Microsoft Dynamics 365 Finance for two main reasons. The first is its business intelligence insights, which enable accounting data to inform managerial decisions in real-time. The second is pure value: At $180 per month per user, it’s priced quite reasonably (particularly for small teams).

Standout features & integrations:

Features include AI-driven business intelligence (BI) insights. These features provide important insights into financial performance and operations and update in real-time as accounting data comes in. The software also offers automation features and touchless vendor invoicing to help free up valuable time for AR teams.

Integrations include other tools in the Microsoft Dynamics 365 suite, as well as third-party applications including HubSpot and LinkedIn Sales Navigator.

Pros and cons

Pros:

  • Can be used independently or bundled with other Dynamics 365 products
  • Solid business intelligence features
  • Transparent pricing with a low cost of entry

Cons:

  • Steep learning curve

Best ERP for small businesses

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.4/5

SAP Business One is an enterprise resource planning software solution that’s targeted toward smaller firms. It’s relatively affordable compared to SAP’s full-featured ERP platform.

Why I picked SAP Business One: I selected SAP Business One because it’s accessible to small businesses — in terms of both affordability and user-friendliness.

Standout features & integrations:

Features include quick deployment, solid user-friendliness ratings, and an affordable price point. SAP Business One also offers easy to use financial dashboards and multi-currency support to help teams manage finances at a glance, even when dealing with overseas operations.

Integrations include SAP S4/HANA, SAP Analytics Cloud, SAP Ariba, Zoho CRM, and HubSpot.

Pros and cons

Pros:

  • Dedicated ERP with accounting, financials, sales, CRM, and more
  • Affordable price point
  • Easy to use

Cons:

  • Limited features compared to similar products
  • Opaque pricing

Best for integration with existing ERP systems

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.5/5

BlackLine is a dedicated accounting solution for mid-market and enterprise firms. It blends AR and AP automation with solid financial close management features.

Why I picked BlackLine: I selected BlackLine because it’s relatively simple to integrate with existing ERP systems. Like some others on this list, it’s NOT an ERP on its own — BlackLine is 100% accounting-focused. Think of it like an upgraded QuickBooks, with more advanced automation and intercompany financial management.

Standout features & integrations:

Features include advanced financial close management and analytics, which help teams automate tedious workflows and focus on analysis rather than busy work. I also like BlackLine’s “continuous accounting” model. The software is designed to help teams spread out workflow consistently throughout the month and year (while automating significant portions).

Integrations include SAP, Oracle NetSuite, and Microsoft Dynamics.

Pros and cons

Pros:

  • Tax-effective intercompany accounting
  • Integrates with most popular ERP systems
  • Substantial automation features

Cons:

  • Difficult onboarding for non-technical workers
  • Not a dedicated ERP solution itself

Best for integrated warehouse management

  • Free demo available
  • From $1,000/month
Visit Website
Rating: 4.4/5

Acumatica is a comprehensive cloud-based ERP (Enterprise Resource Planning) platform designed to support the diverse needs of modern businesses, integrating financials, CRM, and eCommerce functionalities.

Why I picked Acumatica: As ERP accounting software, Acumatica excels in delivering a unified solution for financial management, offering real-time insights, automation of financial processes, and scalability to support business growth. Being a cloud-born software, it integrates really well with other tools and systems and has a UI that helps intuitively navigate its features.

Standout features & integrations:

Features include real-time financial analytics, offering instant access to financial data and metrics that are crucial for strategic decision-making. Additionally, its modern pay-as-you-go, consumption-based licensing helps you scale as your needs change.

Integrations include Salesforce, Magento, Microsoft Office 365, BigCommerce, Shopify, Amazon, WooCommerce, HubSpot, Jira, and Slack.

Pros and cons

Pros:

  • Customizable to fit specific business needs and workflows
  • Scalable to support growth without the need for additional software
  • Comprehensive integration of accounting with other business processes

Cons:

  • May require training to fully leverage its capabilities
  • The initial setup and customization can be complex and time-consuming

Best for large remote workforce

  • Free demo available.
  • Pricing upon request
Visit Website
Rating: 4.2/5

Oracle Enterprise Resource Planning (ERP) Cloud is a versatile ERP platform for mid-market and enterprise-level firms. It’s one of the more popular ERP systems on the market. As a fully cloud-based solution, it works well for global teams and remote-friendly workplaces.

Why I picked Oracle ERP Cloud: I selected Oracle ERP Cloud because it’s one of the most full-featured ERP systems on the market. And more specifically, for the purpose of this guide, it offers the Accounting Hub, a comprehensive accounting solution built into Oracle’s Financial Management ERP suite.

Standout features & integrations:

Features include the Accounting Hub, Oracle’s in-built accounting solution. Accounting Hub serves as a centralized accounting engine and provides a continuous, touchless solution that draws in data from external sources — and keeps teams informed in real time. Alongside this genuinely useful accounting platform, teams will find tools for project management, procurement, risk management, and supply chain management (among others).

Integrations include all Oracle Cloud products plus ADP Payroll, PeopleSoft, Zoom, and WorkForce Software.

Pros and cons

Pros:

  • Cloud-based
  • Advanced AI and machine learning capabilities
  • Predictive analytics tools

Cons:

  • Costly for smaller firms
  • Steep learning curve

Best for inventory management

  • Free demo available
  • From $61.92/month (one user only)
Visit Website
Rating: 4.4/5

Sage 50cloud Accounting is a feature-rich accounting platform for small businesses. It’s not truly an ERP solution, but it does integrate well with other Sage products to build out a custom software suite that works for your company.

Why I picked Sage 50cloud Accounting: Again, I selected Sage 50cloud Accounting for two reasons. The first is its inventory management features, which are directly integrated with the accounting workflow and a must-have for firms selling physical goods. The second is its affordability.

Standout features & integrations:

Features include advanced inventory management for both retailers and manufacturers. Products are simple to enter, and Sage automatically creates journal entries whenever inventory moves. This cuts down on manual entries and the disconnect between inventory and accounting workflows.

Integrations include Stripe, Credit Hound, Paya, VeriClock, and Zynk Workflow.

Pros and cons

Pros:

  • Solid inventory management features
  • Cost-effective for smaller companies
  • Plenty of add-ons and expandable feature set options

Cons:

  • Not a full-fledged ERP system

Best supply chain management features

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 3.9/5

Infor Financials & Supply Management is a financial analytics and resource management platform for mid-sized and large firms.

Why I picked Infor Financials & Supply Management: I selected Infor Financials & Supply Management mostly because of its substantial procurement, inventory management, and supply chain management features.

Standout features & integrations:

Features include source-to-settle supply chain management features that help to identify cost-cutting measures by uncovering consolidation and cost-saving opportunities. It also blends supply chain management functionality with a general ledger and robust accounting features (which often require two separate softwares).

Integrations include other Infor software tools.

Pros and cons

Pros:

  • Industry-specific modules for manufacturing, distribution, and others
  • Cloud-based
  • Full-featured accounting and supply chain management

Cons:

  • Not the most user-friendly interface
  • Limited integrations

Best business automation features

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 4.2/5

Multiview is a cloud ERP platform with a simple UI and a solid feature set. It’s best for mid-sized firms.

Why I picked Multiview: I selected Multiview because it has a good set of automation features to speed up routine accounting and business workflows. The software seamlessly integrates financial management with enterprise-wide automation features, and offers a unified platform that includes detailed modules for general ledger, accounts payable/receivable, budgeting, and fixed assets. This end-to-end automation streamlines operations, supports scalability, and empowers businesses to focus more on strategic initiatives rather than manual financial processes.

Standout features & integrations:

Features include automated task and assignment routing to help speed up workflows (and tag the correct team members). Multiview also includes time management and timesheet features (not all ERPs/accounting systems do).

Integrations include Avalara, Paylocity, MDI Solutions, and Cerner.

Pros and cons

Pros:

  • Versatile feature set
  • Relatively easy to use
  • Automated accounting and managerial workflows

Cons:

  • Simplistic UI
  • Lacking in integrations

Best for multi-entity cloud financial management

  • Free demo
  • Pricing upon request
Visit Website
Rating: 4.5/5

Xledger is a cloud-based ERP platform with features tailored for managing financials, HR, and project accounting. It consolidates multiple business functions into a unified system, enhancing the efficiency of processes and data flow throughout an organization. This software is designed to deliver instant insights, automate key business operations, and boost the decision-making skills of companies of diverse scales and sectors.

Why I picked Xledger: Xledger is ideal for multi-entity organizations with its ability to consolidate financial management across various business units. This real-time consolidation allows for the immediate generation of accurate financial reports without manual effort. Such streamlined processing is essential for timely and informed decision-making at the executive level.

Standout features & integrations:

Features include multi-currency operations which are vital for organizations operating internationally. Xledger's cloud-based architecture also offers the scalability required to adapt to growth and changes in structure without significant IT infrastructure investments.

Integrations include Magento, Salesforce, JPMorgan Chase Bank, Microsoft Dynamics CRM, Harvest, Chase Credit Card, GoldFinch, and more.

Pros and cons

Pros:

  • Automated day-to-day tasks
  • Workflow collaboration
  • Real-time reporting and business intelligence tools

Cons:

  • Slight learning curve for new users
  • Limited customization options for specific business needs

Other ERP Accounting Software

Didn’t find the right fit for your firm? These alternative ERP accounting solutions might be worth considering:

  1. Accounting Seed

    For Salesforce users

  2. WinMan Cloud ERP

    For manufacturers and distributors

  3. Workday Financial Management

    For intelligent automation

  4. Sage Intacct

    For comprehensive financial management features

  5. Deskera

    With accounting automation features

  6. Ramco ERP

    For multi-currency support

  7. Aptean Industrial Manufacturing ERP

    Low-cost ERP for manufacturing firms

  8. Odoo ERP

    Open-source software

  9. Exact

    For customizable add-ons

  10. Certinia

    For service businesses

ERP Accounting Software Selection Criteria

When putting together this list of top ERP accounting software, I considered common ERP and accounting challenges most businesses face. To keep things clear and consistent, I also followed a structured framework to guide my evaluation and make sure everything was as fair and balanced as possible.

Core Functionality (25% of total score)

To be considered for inclusion in this list, each solution had to fulfill these common use cases:

  • Manage general ledger
  • Process accounts payable and receivable
  • Conduct financial reporting
  • Handle payroll management
  • Support multi-currency transactions

Additional Standout Features (25% of total score)

To help further narrow down the competition, I also looked for unique features, such as:

  • Real-time data analytics
  • Customizable dashboards
  • Automated compliance tracking
  • Mobile access to financial data
  • AI-driven financial forecasting

Usability (10% of total score)

To get a sense of the usability of each system, I considered the following:

  • Intuitive user interface
  • Ease of navigation
  • Availability of user guides
  • Customizable user experience
  • Minimal training required for new users

Onboarding (10% of total score)

To evaluate the onboarding experience for each platform, I considered the following:

  • Availability of training videos
  • Interactive product tours
  • Access to webinars
  • Availability of templates for setup
  • Presence of chatbots for instant assistance

Customer Support (10% of total score)

To assess each software provider’s customer support services, I considered the following:

  • Availability of 24/7 support
  • Access to a dedicated account manager
  • Support through multiple channels (email, phone, chat)
  • Presence of a comprehensive knowledge base
  • Feedback mechanisms for continuous improvement

Value For Money (10% of total score)

To evaluate the value for money of each platform, I considered the following:

  • Transparent pricing models
  • Availability of free trials or demos
  • Competitive pricing against similar tools
  • Flexibility in pricing plans
  • Inclusion of essential features in base pricing

Customer Reviews (10% of total score)

To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:

  • Feedback on software reliability
  • Comments on customer service responsiveness
  • User satisfaction with core features
  • Reports on ROI and cost-effectiveness
  • Ratings on ease of use and implementation

How to Choose ERP Accounting Software

Choosing the right software can feel overwhelming, especially with all the endless features and confusing pricing options out there. To make things a little easier, we’ve put together a simple checklist to help you stay on track and focus on what really matters to you.

FactorWhat to Consider
ScalabilityEnsure the software can grow with your business. Consider future needs and whether it can handle increased data and users.
IntegrationsCheck compatibility with existing systems. The software should seamlessly integrate with tools your team already uses, such as CRMs or ERPs.
CustomizabilityLook for options to tailor features to your unique processes, ensuring that the software fits your specific business needs.
Ease of UseChoose a user-friendly interface that minimizes training time for your team, enhancing productivity quickly.
BudgetEvaluate total cost, including hidden fees. Ensure it aligns with your financial constraints without sacrificing key features.
Security SafeguardsVerify robust security measures like encryption and access controls to protect your sensitive financial data.
Vendor SupportAssess the quality of customer support and resources available, such as training and troubleshooting assistance.
ComplianceEnsure it meets industry regulations relevant to your business, like GAAP or IFRS, to avoid legal issues.

While digging into the latest from ERP accounting software vendors, I came across a ton of product updates, press releases, and release logs. After sorting through all that info, a few interesting trends really stood out to me—here’s what I’m keeping an eye on:

  • AI-Driven Financial Analysis: AI is being used to provide deeper insights into financial data, helping businesses make informed decisions. Vendors like Oracle and SAP are integrating AI to automate data analysis and predict financial trends.
  • Blockchain for Enhanced Security: Blockchain technology is being integrated to ensure data integrity and security in financial transactions. Companies are exploring this tech to prevent fraud and enhance transparency in accounting processes. This is valuable in all industries, from healthcare to retail and SaaS.
  • Real-Time Data Access: Businesses demand real-time access to financial data for quicker decision-making. Solutions are now offering dashboards that update financial metrics in real time, giving users immediate insights into their financial health.
  • Sustainability Reporting: As sustainability becomes a business priority, ERP systems are incorporating features to track and report on environmental impact. This helps companies comply with regulations and meet their sustainability goals, all while reducing paper documentation.
  • Personalized User Experience: ERP systems are evolving to offer more personalized interfaces, allowing users to customize dashboards and reports according to their preferences. This trend is aimed at improving user engagement and productivity.

What is ERP Accounting Software?

ERP accounting software is a specialized module within an ERP system that focuses on centralizing and automating accounting processes for SMBs, large businesses, and enterprises.

It includes features like financial reporting and analysis, budgeting, fixed asset management, and compliance tools to help you have better compliance with regulatory requirements, and enhanced visibility into the financial health of the organization.

Features of ERP Accounting Software

Searching for your next ERP accounting software? Here are some must-have features to look out for:

  • Supply Chain and Purchasing: Optimizes procurement processes, including purchase order management and inventory control, to enhance efficiency.
  • Financial Management: Centralizes logistic financial processes, including budgeting and forecasting, to streamline cash management and improve decision-making.
  • Real-Time Data Access: Provides current information across the business, enhancing data integrity and supporting timely decision-making. This is valuable in all businesses, especially construction or oil and gas, where fast decision-making is crucial.
  • Automation: Reduces manual effort in processes like order fulfillment and financial tasks, boosting productivity and minimizing errors.
  • Data Analytics: Offers robust reporting and analytics tools for better data interpretation and decision support.
  • Business Process Controls: Enhances compliance and data security through optimized workflows and user access controls.
  • Integrations: Connects various software applications to facilitate seamless data sharing and collaboration across departments. For example, if you work in farming, your ERP should connect with your other accounting and inventory software.
  • Single Database: Centralizes data in one location, simplifying management and reducing errors associated with data transfers.
  • CRM and Sales Management: Improves customer relationship management and sales processes, driving revenue growth. This is beneficial for most sectors, including aviation, retail, and healthcare.
  • HR Management: Integrates HR functions like payroll and workforce planning with financial data, enhancing overall planning capabilities.

Benefits of ERP Accounting Software

ERP accounting software can make a big difference for both your team and your business. Here are some of the perks you can look forward to:

  • Improved Financial Accuracy: ERP accounting software reduces errors by automating calculations and data entries, ensuring more accurate financial records.
  • Centralized Data Management: All financial data is stored in a single location, making it easier to access and manage critical information.
  • Real-Time Reporting: The software provides up-to-date financial reports, allowing for timely decision-making based on current data.
  • Enhanced Compliance: Built-in compliance features help ensure that financial practices adhere to regulations and standards.
  • Cost Efficiency: By automating routine tasks, ERP accounting software can help reduce operational costs and improve productivity.
  • Scalability: As your business grows, the software can accommodate increased financial data and transactions without needing significant changes.
  • Integration Capabilities: ERP accounting software can integrate with other business systems, providing a unified view of operations and improving workflow. This is beneficial in all industries, but especially construction and manufacturing.

Costs and Pricing of ERP Accounting Software

Choosing the right ERP accounting software can feel a bit overwhelming—especially with all the pricing options out there. From team size to special features and add-ons, costs can vary quite a bit. To help make things easier, we’ve put together a quick overview of the most common pricing plans, what they typically include, and what you can expect to pay.

Plan Comparison Table for ERP Accounting Software

Plan TypeAverage PriceCommon Features
Free Plan$0/user/monthBasic accounting features, limited users, and community support.
Personal Plan$10-$20/user/monthAdvanced accounting features, email support, and mobile access.
Business Plan$25-$50/user/monthMulti-user access, advanced reporting, integrations with other tools, and priority support.
Enterprise Plan$100+/user/monthCustomizable features, dedicated account manager, premium support, and multi-location management.

People Also Ask

Below you can find answers to some frequently asked questions about ERP software.

Is QuickBooks an ERP software?

No, QuickBooks is a standard accounting software that does not offer ERP (enterprise resource planning) features. Accounting is one of the many features of ERP softwares — so while QuickBooks offers those accounting capabilities, it does not offer any of the other components of ERP systems.

Fortunately, QuickBooks is popular enough that it integrates well with many common ERP systems.

What is the difference between ERP software and accounting software?

ERP software provides a unified platform for managing all business operations, including accounting, sales and marketing, customer relationship management, and several other aspects. On the other hand, accounting software focuses solely on accounting and finance tasks.

How much does ERP accounting software cost?

ERP software usually carries significant cost. At a minimum, you’re looking at a few thousand dollars per month — possibly significantly more, depending on the number of users and the type of deployment (on-premise, cloud, etc.) ERP implementation can also be costly, with some providers charging upfront licensing and setup fees.

With that said, half of the tools on this list are not full-blown ERP solutions. The more accounting-specific tools, like BlackLine and Sage 50cloud Accounting, may be lower-cost. I included a mix of software solutions — with a wide range of cost levels — to accommodate a range of business types.

Do accountants use ERP software?

Accountants can benefit from using ERP software. ERP systems centralize most or all of a business’s data, including financials. And most ERP systems have full-fledged accounting solutions built in.

With that said, many accountants opt to use accounting-specific software, like QuickBooks or BlackLine. These tools are not full ERP systems, but they typically integrate well with ERPs from other vendors.

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Simon Litt
By Simon Litt

Simon Litt is the previous editor of The CFO Club, specializing in covering a range of financial topics. His career has seen him focus on both personal and corporate finance for digital publications, public companies, and digital media brands across the globe.