ERP implementations through more computational power, relational databases, standardized stateoftheart transaction processing, and extended chart of accounts change management accounting.

The enhanced computing power and overall standardization lead to more accurate and timely information. The standardized transaction processing and the charts of accounts have increased the availability of information from units and products previously deficient of information and ensured consistency of information across all units and products.

The standardization and automation of transaction processing have reduced the amount of data entry done by management accountants.

Please discuss the impact of ERP systems and management accounting.