How is multibook different from other ERPs?
How is multibook different from other ERPs?
The easy introduction of local software in different countries will invariably lead to problems in terms of internal control and business management.
Large-scale ERP systems have a wealth of functions and are excellent systems.
However, they are also burdensome in terms of implementation and operating costs and implementation time, and there are issues such as whether they can be used at small and medium-sized overseas sites.
multibook solves these two problems.
 |
Global ERP for large enterprise | Overseas local software | |
|---|---|---|---|
| Multilingual and Multi-Currency Support | Supports 12 languages and all currencies worldwide | Supports multipul languages and currencies worldwide | Often only available in the local language or English |
| Features | Accounting, fixed asset management, inventory management, expense reimbursement, consolidated accounting linkage, etc. Production management is not available; however, multibook accounting can be automatically linked to production management software. | Supports all core business operations | Mainly accounting features |
| Country-Specific Requirement Supports | Equipped with features to meet country-specific requirements in Thailand, Vietnam, Asia, Europe, and expanding visualization solution for India Tally is also available. | Although it corresponds to the requirements of each country around the world, there are cases where it does not correspond to detailed requirements. | Supports the country requirements of the one country |
| IFRS Requirement Supports | Consolidated financial statement support feature adapted to IFRS16 | In many cases, there is no function like multibook that can output consolidated correction journal entries and consolidated annotation information. | There is no function like multibook that can output consolidated correction journal entries and consolidated annotation information. |
| Internal Control | Authority settings, no modification of posted documents, password expiration management, etc. | All support including authority settings and block function for modifying posted documents. | Various modifications can be made to posted documents. |
| Business Management | Real-time understanding of overseas subsidiary status through group financial statements and management cockpit feature | Profitability analysis functions and BI analysis functions are available | Weak reporting feature or difficulty in visualization from overseas. |
| infrastructure | Since it is cloud-based, infrastructure preparation or personnel is not needed. | Infrastructure engineer is required | In many cases, server installation and software installation are required. |
| Implementation |
You can start using it in as little as two weeks, and implementation will be done remotely.
Our company and partner companies can proceed with the implementation directly with local subsideiaries. We can also support migration to a large-scale global ERP as your company grows. |
Usually it takes six months or one year and it's going to be Long-term projects | The limited function range allows you to implement the system easily and shortly. |
| Cost | Starting from 70,000 yen per month *Includes maintenance cost of 10,000 yen per month | Often requires several hundred million yen | Outright purchase with low prices. |
| Base Scale | Number of documents per month: intended for use at subsidiaries with 10,000 or less per month. | Large-scale subsidiaries that can bear the cost of implementation and operational | Number of documents per month: intended for use at subsidiaries with about 100 per month |