General faq's

Knowledge Base

There are no hidden costs of PRIME LEDGE ERP software. The charges will be explicitly explained in writing during the sales process. There is a one-time cost for the overall software, an ongoing implementation cost during the implementation stage, and an overall support fee. Other fees include any customizations you require us to perform, such as specific fields that need to be created in your implementation of PRIME LEDGE software.

Analysts report that companies too often only compare implementation and maintenance fees while preparing for their ERP projects. However, this approach falls dangerously short as it neglects the biggest cost driver in ERP: Change. When evaluating ERP providers, it's smart to include the Total Cost of Change (TCC), which measures the cost of making changes to the ERP system to meet business needs in the longer term. When applying a holistic view of all costs, including the Total Cost of Change, the value you get with abas ERP is unrivaled. Our flexible technology and implementation strategy reduce the need for maintenance, modifications and configuration, ensuring all costs are transparent and can be calculated years in advance.

Yes. abas ERP has a methodology for the selection process that assures users who select our solution that PRIME LEDGE  ERP is the right fit. The selection process begins with an introduction to the team and a demo of PRIME LEDGE ERP that provides users with an overview of how the software works. The next step is the discovery process, where abas learns about your company and ERP requirements, followed by a workshop where you are given an in-depth look at how PRIME LEDGE ERP could help meet your business goals. The next step of the process is the proposal phase, along with the opportunity for you to interact with other companies using PRIME LEDGE  ERP. These steps give you the opportunity to make a decision about whether PRIME LEDGE ERP is the right fit for your organization's needs.

The decision of which ERP system is best suited for your organization should not be taken lightly -- it will potentially affect your business for years into the future. On average, ERP solutions are in operation for ten years, and a successful partnership between a business and their ERP provider can last decades. So it's critical to use a thorough and methodical process for evaluating your options and involve the right team in the decision so you're certain that the key functions in your company will represented. The good news is that PRIME LEDGE is here to help. We have 40+ years of experience with implementing ERP systems, so if you're not sure how to get started, we can assist you in defining your evaluation criteria and beginning your selection process.

Many companies adopt ERP for the first time when they realize their entry-level accounting software lacks core functionality, scalability and just isn’t giving them the visibility they need. But ERP software systems help you manage much more than financials. An ERP system like PRIME LEDGE  is developed in a modular way, with applications covering such diverse areas as manufacturing management, distribution logistics, CRM, order management, e-commerce, product lifecycle and engineering control, scheduling, inventory and warehouse management.

Making the right choice may seem daunting. But it doesn’t have to be. If you need help developing a list of requirements, find a vendor that knows your industry and market and has customers similar to your business. Once you have a list of requirements, you can then gather responses and start the comparison process.

To help you select the right ERP solutions for your business and business needs, PRIME LEDGE offers a preliminary assessment and modeled blueprint of your business based on evaluating your current and future strategic objectives, current business processes, IT maturity of your organization, people and roles involved in ERP and your information needs.

For many companies, moving their IT infrastructure and software to the cloud reduces the need for in-house support structure and saves the cost of server hardware. Cloud-based ERP can be easier to scale functionality and users either up or down as required. And, it can often make it easier to share information across regions or locations. However, for some companies, you might not be ready to cede security to a third party and prefer an on-premise solution, and that’s okay with us, too. We’re one of the few software providers that offers flexibility for our customers and still provides on-premise ERP solutions. We help you choose based on your unique organizational requirements.

Success of course depends on the goals you want to achieve. Many companies measure return on investment in terms of cost and time savings achieved when automating manual work, and gaining visibility into potential bottlenecks. Some look at the value of reduced risks and improved corporate governance. The potential ROI can be seen in a wide variety of departments and processes.

To use desktop accounting software, you must install it on your computer and run it there. All the data relating to your accounts is also stored on your computer.

Cloud accounting software runs on the internet. There's nothing to install on your computer. To access the software, you visit a website and sign in with a username and password. This means you can use cloud accounting software from virtually any device with a connection to the internet (including tablets and mobile phones, too).

Traditionally, all accounting software ran on the desktop. And although desktop packages are still available, there's been a significant shift to the cloud.

Most accounting packages aimed at small and medium-sized companies now come with an app allowing you to access your accounts anywhere you have access to the internet.

Apps tend to be more user-friendly and requires less technical expertise to set up. This makes them a popular choice.

When choosing your accounting software, think about future plans for your business and whether the software will be able to support them.

For instance, if you plan to open additional branches, make sure the software can track sales and expenses by location.

It can also be a good idea to look for a package that gives you the option to upgrade or add new features. Most cloud accounting packages allow you to upgrade instantly, by simply choosing your new package.

Many packages also offer add-ons or plug-ins that can provide additional features and capabilities.

Rather than installing it on a computer in your business, you access cloud accounting software by signing in online.

All your data is stored on the software provider's servers. This offers a number of advantages over traditional desktop accounting software:

The cost is more manageable. You usually pay a monthly fee for cloud accounting software. This doesn't necessarily make it cheaper than paying a one-off fee for desktop software, but it does allow you to spread the cost.
You can use it anywhere. Because you access the software over the internet, you can sign in anywhere there's an internet connection. You can also switch between computers and still see the same, up-to-date information.
There are fewer management overheads. With no need to install software onto a computer or server, there's no need to keep it updated, either. The software provider will take care of this, as well as providing support and handling backups.
There's usually a mobile app. Again, because you sign in to access your data, most cloud accounting packages offer apps that make it easy to carry out key accounting tasks and keep on top of your figures on the go.
The accounting software industry has made a significant shift towards cloud software and apps. As a result, it generally makes sense for smaller companies to opt for cloud accounting software.

n general, yes - but you should always make sure your accounting software provider is well-established and trustworthy, with a good track record.

Reputable cloud software providers invest a lot of time and money in security, because their reputations depend on keeping customer data safe.

Make sure your provider uses data encryption (usually called 'SSL encryption'), and search online to make sure they're well established and haven't suffered any major security breaches.

Although accounting software can automate some of the 'number crunching' tasks your accountant may currently handle, it is not designed to replace your accountant altogether.

It's best to think of accounting software as a way to make the relationship with your accountant more effective and efficient.

As the software handles jobs like tracking expenses and generating your profit and loss chart, your accountant can spend more time analysing your figures and offering advice to help you make better business decisions.

Most accounting software includes features to make it easier to work with your accountant. For instance, you may be able to grant them access to view your figures.

As your accounting software will become the hub for your business accounts, it's important your accountant is comfortable with your choice of software. Always consult them before making a commitment (see above).

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