Enterprise Resource Planning (ERP)

Companies (and many NGO's) are complex organisations who strive for certain goals. These goals are to be defined and coordinated in a system of goals. For the planning of activities to achieve these goals and for the measurement of the accomplishment information of the most varied kind is gathered.

Special importance it attributed to cash valued information, acquired and processed by the accounting department of that organisation. Key element of the accounting is the double bookkeeping that will record the wealth status (assets and liabilities) and the causes for the change of this wealth status (expenses and earnings) in a systematic way.

The purpose of an accounting system is not just the production of balance sheets and income statements. It has to serve as a valuable management system. The system is designed according to the need of information deduced from the strategic and operative goals of the organisation. It is one thing to define the kind and quantity of information collected, it is another thing to generate meaningful and significant information from the well designed system as an output.

With its innovative approach sqlFinance starts from this key issue. It uses the theoretical bases of double bookkeeping described in modern business sciences in combination with the possibilities of modern computer sciences. Special consideration is attributed to the important aspects of effectiveness and efficiency. The constitution of the bookkeeping based on processes results in a high degree of flexibility in the reporting, e.g. structuring information according to contract partners, business fields and organisational units.