Mergers and acquisitions, followed by joint development agreements and other revenue-sharing partnerships, can be the bane of accounting.
Beyond all the squabbling over how to account for every dollar, integrating disparate accounting systems can make these projects feel like they're more trouble than they were ever originally worth.
But as with all things IT, hopes springs eternal. A new extension to a cloud computing integration service from eBridge Connections promises to simplify the integration of more than 40 accounting/ERP systems, regardless of whether they are running on-premise or in the cloud.
According to Dave Malda, director of sales and marketing for eBridge Connections, the level of complexity involved in integrating disparate accounting systems will vary depending on the amount of customization that has been done. For sites running fairly standard implementations of popular accounting applications, the deployments can be measured in hours. More complex undertakings might require a few days, Malda said.
eBridge Coonections is hardly the only company integrating applications via the cloud. But Malda says eBridge Connections does bring a long history of expertise with electronic document interchange (EDI) and e-commerce systems to the table.
That expertise has allowed eBridge Coonections to offer a turnkey service specifically designed for integrating accounting applications, versus rivals that have middleware platforms that have to be heavily tweaked to support a specific application. The eBridge Connections platform can similarly be used to support almost any enterprise application environment and in the next couple of months, eBridge Connections plans to make an open API available.
Given the company's history, Malda said eBridge Connections chose to focus on accounting. And obviously, there's no getting around the integration of accounting systems in this age of business globalization. But with a little luck, maybe it doesn't have to be as painful as it use to be.