Accounting and ERP Systems Produce Data - Management Needs Information - Data Guidance Group ERP Philosophy

Businesses collect most accounting data for someone else. The IRS requires records to prepare tax returns. Sales tax returns, fuel tax returns, and employment tax returns all require accounting data.

CPAs know that slaved-over financial statements often wind up tossed in the bottom drawer of the company President's desk with hardly a glance. Audited financial statements are prepared for the bank or to satisfy some SEC requirement.

One of the problems is that accounting data is often far out of date by the time it reaches management. Another problem is that it is just data. A financial statement-particularly in today's world-contains very little useful information.

At DGG, we help clients transform accounting data into management information every day. We go beyond the financial statements to help clients interpret and use all of the data that a modern computer system collects.