7 Most Used Best Accounting Software in UAE & Saudi Arabia
- Saudi ERP & Website Solution Blog March 28,2023
If you are looking for the most used best accounting software in UAE? Today we have collected top accounting software in UAE & Saudi Arabia.
Choosing good accounting software is an important issue for entrepreneurs, small and medium companies that decide to keep records of their own business independently or, as is also common, with the help of counseling, as well as being necessary, accounting management resulting agile and efficient will save time and will also reduce costs.
Determining the best business accounting program is an almost impossible task, as the suitability of one or the other applications depends on many different factors, especially user needs, preferences usability, whether it is freeware or payment, or, for example, compatibility with other programs.
Modularization IN ERP
The nature of a business management system is modular (divided into separate parts), it attempts to structure and organize all departments of a company.
As a company is organized into departments, ERP are organized into modules (which roughly correspond with the departments of companies). The core modules are:
- Finance: stores information from the treasury of the company, financing (loans), investment, accounting, etc.
stores information and procurement management (procurement) of the company, suppliers, etc.
stores information and sales management. Sales data issued items, selling prices, etc.
stores information and warehouse management, inventory, transportation, etc.
- Human Resources:
stores information and personnel management, payroll, job categories, overtime, taxes, etc.
(Customer Relationship Management System or Customer Relationship Management) is a subsystem that keeps information and management of customer relationships (facts, contracts, etc.).
Depending on the size and type of company you may be adding different modules, such as can be: project management, marketing, production and manufacturing, document management, business intelligence, and more.
HOW TO CHOOSE Accounting BUSINESS ERP
Not all companies have an Accounting ERP, but we can say that all medium and large companies have an Accounting ERP (or something similar to an ERP).
A company faces a first initial dilemma: develop their own ERP (involves significant costs of developing and maintaining software) or use an existing one on the market (saves costs, but fully adapted to the reality and philosophy of the company? ).
The trend in recent years seems to opt for the use of existing ERPs in the market, perhaps with additional modules developed specifically for the company, or adapted to suit specific needs.
However, there are still many companies that use ERP own.
After choosing the Accounting ERP (either own development, or between existing on the market), an equally difficult next step is to implement the ERP within the company.
An ERP is a form of work and organization of data that will have to adapt the employees and executives of the company.
It is estimated that 10% of projects to implement Accounting ERP do not come to fruition by difficulties being adapted by employees, poorly designed, submit bugs, etc.
A resounding failure was that of the multinational "Nike", which not only spent tens of millions of dollars developing an ERP, but its implementation was a disaster with dire economic consequences until he gave up and left.
To choose an ERP a company must take into account various factors such as the degree of specialization (which is not the same as a pharmaceutical laboratory that a supermarket chain for example)
the size (not the same as having 50 employees to 50,000), the scalability of the ERP (will accommodate the growth forecast that the company?), security (not the same management company NPP that a packaging of vegetables) and other factors.
PROGRAMMING LANGUAGES IN ERP
There are some ERP markets for which there is little information on the language in which they are developed that are marketed as a "black box".
The term black box is usually used to refer to something that knows what it does, but how it does it internally.
These systems are installed, initialized, and can begin using (enter invoices, accounting records, extract progress reports, etc.).
In this way, if a special or separate report of a leading product you want, you would have to ask the implementer company to add the required functionality.
This is usually managed by a maintenance contract that is usually included in the draft of an ERP implementation.
It is also very common for one or more people in the company to form on the tool and be able to service technical support to other members of the company.
This usually happens in medium or large companies, where there is a small or large department.
If the company is a company whose business processes are changing or vary greatly in the short and medium term, it is important that the chosen ERP has ways of adapting the established circuits easily.
In the ERP market, there is some "open source" (open source, anyone can modify the software with knowledge).
These ERPs are free theory and say in theory because what they really are free software licenses, implementation of it, ie consulting services are not free.
So having free software cannot be useful unless we know how to implement it, set it up, and operate it.
Another mode of access to ERP is what is called pay per use, ie ERP which is accessed via the web and is acquired and paid for time spent or a number of users.
This is a recommended way for small and medium enterprises, cost savings in terms of maintenance and hardware because the company can forget about these factors.
One drawback, the data of the company are at the end of stored by a third party to be in the cloud (cloud), which can have security risks.
However, companies that offer services via the web keep backup and access to encrypted data and securitization, which makes these systems can generally be described as safe.
The programming language is essential if you choose to end the option of developing its own ERP from scratch. In this case, one of the first questions to ask is: Do I need to be web or not?
If you need to access data remotely from multiple points the answer is that we need web technology.
The most widely used programming languages are ABAP (SAP language of business), Java, and .NET languages like C #, in addition to their own web development languages when it comes to web applications.
Most Used Best Accounting Software in UAE & Saudi Arabia
As you can assume there are many business management programs that are currently in UAE (hundreds or thousands).
The ERP's most important market, by volume of companies that have implemented and the number of users who know and use are:
Tally powers more than 9 Lakh businesses worldwide. With Bharat Goenka — son of the
late founder — at the helm, Tally remains firmly committed to Indian business. A pioneering company, Tally was the first to introduce codeless software, a natural language interface, path-breaking remote functionality, and other unique capabilities.
It was the first to launch free service and breakaway commercial terms including free upgrades and no charge per seat to transform the ownership experience.
Its strong principle right from the early years to reach customers through a dedicated partner network has resulted in a robust partner system. Most used best accounting software in UAE
Sage software manages accounting, ERP, HR, payroll, payments, assets, construction, and real estate.
Their solutions travel with you or stay where you want them—in the cloud, on-premises, or both—giving you the freedom to work where you need.
Products are available for your industry and small or medium-sized business. Sage offering accounting software in UAE and Saudi Arabia
SolutionDot Software-based company in Saudi Arabia & UAE An efficient accounting solution, easy to use and designed to meet virtually every need, while access to secondary options can be somewhat complicated.
It lets take exercises several companies at once, reporting, detecting irregularities, and quick access to relevant information through the toolbar, such as invoices, vendors, customer lists, etc. Also irregularities in the accounts. It is multiuser, with personalized access.
This ERP software is aimed at small and medium enterprises. It dates back to the year 1996 in Israel, its initial name was Top Manage until SAP was acquired and marketed under the name SAP B1 (Business One).
It is a very popular solution and offers many official partners to install in any country. According to the official website of some 47,000 companies, they have implemented this platform. Obviously, you have a B1 in almost every language in the world and in UAE.
Oracle offers a lot of options for ERP. E-Business Suite ERP covers all facets and all industries. The latest version includes an integrated business intelligence tools portfolio.
It also offers complete suites of ERP-acquired companies such as PeopleSoft and JD Edwards. Today is the second ERP market with more customers. Oracle offer could base software solution in UAE
6. Microsoft Dynamics
Microsoft Dynamics is a line of ERP and CRM software developed by Microsoft, although individual products were originally created by other companies and known by several other names (Navision, Axapta, Great Plains, Solomon, etc).
Microsoft Dynamics formerly known by the code name "Project Green", replaced Microsoft Business Solutions, a software company after the family business.
7. Infor LN (formerly Baan)
INFOR ERP LN (formerly Baan) is software aimed at large and medium corporations. It is considered that provide security, strength, and extensive functionality.
It is widely used in complex industrial environments in the world solution. INFOR ERP LN (Baan) is a very robust tool that works with multiple databases (Oracle, SQL, Informix) and operating systems (Unix, Linux, Windows).
It has thousands of customers in numerous countries like UAE, Saudi Arabia
Today more and more companies implement an Accounting ERP. Approximately, the implanted worldwide are SAP ERP (24% of companies) and Oracle (12% of companies).
Other solutions are widely used by Sage, Microsoft Dynamics, and Infor LN (each of which has about a 5% market share).
Thus, approximately 50% of the market is dominated by large companies, while the other 50% is shared between multiple software development companies or companies that have developed their own Accounting Software in UAE.
For programmers and other professionals of the Accounting ERP software developments are important niche employment because around these solutions and companies work thousands.
Many times to access this area of work is necessary to pre-specialization (eg SAP works with a language called ABAP, and to accredit training certification exams performed at different levels).
Oracle works with Java technologies (with an area of specific expertise for ERP, also with certifications at different levels). Finally, it is working with Microsoft .NET technologies and also provides training and certification for various software modules.
SolutionDots Offer a free test Drive for Cloud-based Accounting Software in UAE & Saudi Arabia