Best ERP Software & Top Enterprise Resource Planning Systems of 2026

Are you seeking the best ERP software to integrate, automate, and efficiently manage your business processes? Then you are in the right place. Below is the list of top ERP system solutions exclusively picked up by the experts at Goodfirms. All the ERP (enterprise resource planning) software listed here has the latest features and functions to help you quickly respond to market demands. Browse the list, apply the pricing, and deployment filters, compare the products, read the reviews, and select the right ERP software solution that fits your business.

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Rankings updated: Jan 19, 2026
350 Software

List of Top ERP Software & Best Enterprise Resource Planning Systems

  • xSuite

    Processing incoming invoices is a core commercial process in every company. Many work steps can be digitized and automated. The invoice processing can be made easier, faster and more transparent. We offer ... read more about xSuite

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Accounting Integration
    • Customer Management
    • Financial Management
    • Inventory Management
    • Project Management
    • Operations Management
    • Supply Chain Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Infographics

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • OpenPro POS

    OpenPro streamlines back-office processes for growing and midsize businesses. It accelerates business work flows, improves data reliability, and offers higher levels of service to customers, suppliers and partners. It provides real-time visibility ... read more about OpenPro POS

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    20% in ERP Software

    Key Details
    Industries
    • Retail
    Licensing & Deployment
    • Open Source
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    Support
    • Chat
    • Phone
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • DiamTrade

    DiamTrade provides solutions for inventory management software, accounting software, ERP software, diamond software, jewelry software, and much more. DiamTrade’s cloud and desktop ERP solutions are specially designed to fulfill your needs of ... read more about DiamTrade

    Entry Level Price
    Contact vendor
    Free Trial
    7 Days
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Operations Management
    • Tracking and Visibility

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • On Premises
    • Web-based
    • Windows
    • Mac
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • Yes
    Free Trial
    • 7 Days Trial
    Payment Frequency
    • Annual Subscription
    • Free
    Vendor pricing page
    Visit website

  • A2000

    GCS Software is a software company and offers a software product called A2000 Software. A2000 Software offers training via documentation, webinars, live online, and in person sessions. A2000 Software is apparel management ... read more about A2000

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • ApparelMagic

    ApparelMagic powers ERP, PLM and CRM for some of the biggest brands in fashion. Because it's affordable and easy to use, it’s the perfect apparel management software for YOUR GROWTH! Our apparel ... read more about ApparelMagic

    Entry Level Price
    $120 Per Month
    Free Trial
    30 Days
    Pricing Type
    Flat Rate
    33% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    Knowledge Base
    • Help Guides
    • Video Guides
    • Webinars
    • Infographics

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Free Trial
    • 30 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    • Quote Based
    Vendor pricing page
    Available Packages
    Standard
    $120 Per Month
    Visit website

  • Momentis

    Momentis gives its apparel, footwear and accessory wholesale clients an edge by providing ERP and PLM software that automates and streamlines processes while seamlessly integrating with 3rd parties to deliver unparalleled speed. ... read more about Momentis

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Purchase Order Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Video Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Niche Garments

    iche Fashion Technology is a software organization based in Australia that offers a piece of software called Niche Garments. The Niche Garments software suite is SaaS, and Windows software. Niche Garments offers ... read more about Niche Garments

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Knowledge Base
    • Help Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • NGC ERP

    NGC’s Enterprise Resource Planning (ERP) solution was designed specifically for the needs of apparel, fashion and footwear brands & retailers. Offering the flexibility to run all types of fashion and apparel companies, ... read more about NGC ERP

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Customer Management
    • Distribution Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Purchase Order Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Video Guides

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Polygon

    Polygon Software is a worldwide provider of software solutions for the sewn-goods industry. Our rich history, starting with founding the Apparel CAD industry, offers sewn product businesses and textile mills an extensive ... read more about Polygon

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Accounting Integration
    • Customer Management
    • Distribution Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Video Guides
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Turbo ERP

    Turbo-ERP provides a reliable, real-time ERP software system, developed specifically for Export business. Whether you are small, single plant exporters or a large multi-plant, global exporters, Turbo-ERP has Top level solutions for ... read more about Turbo ERP

    Entry Level Price
    $30 Per Month
    Free Trial
    7 Days
    Pricing Type
    Flat Rate
    100% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • On Premises
    • Web-based
    • Windows
    • Mac
    • Linux
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Infographics

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Free Trial
    • 7 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page
    Available Packages
    Standard
    $30 Per Month
    Visit website

  • Cloud Gestion

    Cloud Gestion is a management and billing web application in the cloud , which allows you to manage all aspects of your company easily, quickly and from anywhere with Internet access. From ... read more about Cloud Gestion

    Entry Level Price
    Contact vendor
    Free Trial
    15 Days
    Pricing Type
    Contact Vendor
    50% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Operations Management
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • On-Site Training

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Free Trial
    • 15 Days Trial
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Caflou

    CAFLOU is a complex yet easy-to-use online business management system ideal for marketing agencies or IT teams. With CAFLOU you will be more organized, work more efficiently and save time or automate. ... read more about Caflou

    Entry Level Price
    $11 Per Month
    Free Trial
    Available
    Pricing Type
    Flat Rate
    10% in ERP Software

    Features
    • Accounting Integration
    • Customer Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Warehouse Management

    Key Details
    Industries
    • Construction
    • Education-management
    • Hospital-health-care
    • Human-resources
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    Support
    • Chat
    • 24x7 Support
    Knowledge Base
    • Help Guides
    • Video
    • Blog
    • Webinars
    • Case Studies

    Packages
    Pricing Type
    • Flat Rate
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Free Trial
    • Available Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page
    Available Packages
    Standard
    $11 Per Month
    Visit website

  • Genius ERP

    Genius Solutions is a complete enterprise resource planning (ERP) solution including software, implementation services, and field expertise for small to mid-sized custom manufacturers. Genius ERP is built for manufacturers handling make-to-order, engineer-to-order, ... read more about Genius ERP

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    • Linux
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • SyteLine

    The ultimate in deep manufacturing functionality for the complex, mid-market manufacturer, Infor's CloudSuite Industrial (SyteLine) provides you with end-to-end functionality to manage all aspects of your enterprise. This is a mixed mode ... read more about SyteLine

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Linux
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Statii

    Work smarter and remove manufacturing process bottlenecks with the help of Statii software, an ERP and MRP software for small to medium sized manufacturing companies. Simple, intuitive, and SME-specific, Statii helps SMBs ... read more about Statii

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    34% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Supply Chain Management
    • Tracking and Visibility

    Key Details
    Industries
    • Accounting
    • Construction
    • Electrical-electronic-manufacturing
    • Marketing-advertising
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Chat
    • Phone
    • 24x7 Support
    Training
    • Webinar
    Knowledge Base
    • Help Guides
    • Video
    • Blog
    • Webinar
    • Infographics

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • WinTeam

    WinTeam is a ERP Software for Security and Cleaning Contractors. WinTeam offers a holistic way to measure performance and automate daily financial, operations and workforce management, including employee payroll, scheduling, absences, benefits ... read more about WinTeam

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Accounting Integration
    • Customer Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Project Management
    • Operations Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • iPhone/iPad
    • Android
    Support
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • WP ERP

    WP ERP is a revolutionary web-based ERP solution by weDevs, made to work within your WordPress-powered website. It can handle all business-related tasks like HR, CRM, Project Management, Accounting, and other departments ... read more about WP ERP

    Entry Level Price
    $9.99 Per Month
    Free Trial
    N/A
    Pricing Type
    Flat Rate
    100% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Tracking and Visibility

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Infographics

    Packages
    Pricing Type
    • Flat Rate
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page
    Available Packages
    Standard
    $9.99 Per Month
    Visit website

  • FactsERP

    Brainsphere IT solution is one of the leading ERP software company in Dubai, UAE. Over the past 16 years Brainsphere IT solution has helped more than 500 + clients. Brainsphere IT offer ... read more about FactsERP

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Operations Management
    • Supply Chain Management
    • Warehouse Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • On Premises
    • Web-based
    • iPhone/iPad
    • Android
    • Windows
    • Mac
    Support
    • Chat
    • Phone
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars
    • Infographics

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Free Trial
    • 30 Days Trial
    Payment Frequency
    • One-Time Payment
    Vendor pricing page
    Visit website

  • Enterpryze

    Enterpryze is the fully-fledged cloud based ERP solution for business management. Get insights into your performance and track profitability, assets & liabilities. Manage multiple currency accounts, get direct bank feeds and manage ... read more about Enterpryze

    Entry Level Price
    Contact vendor
    Free Trial
    30 Days
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Reporting & Analytics
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Industries
    • Apparel-fashion
    • Building-materials
    • Consumer-electronics
    • Consumer-goods
    • Consumer-services
    • Cosmetics
    • Dairy
    • Electrical-electronic-manufacturing
    • Food-beverages
    • Food-production
    • Logistics-supply-chain
    • Luxury-goods-jewelry
    • Medical-device
    • Package-freight-delivery
    • Retail
    • Warehousing
    • Wholesale
    • Wine-spirits
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • Chat
    • Phone
    • 24x7 Support
    Training
    • Webinar
    • In-person
    • Documentation
    Knowledge Base
    • Help Guides
    • Blogs
    • Videos
    • Help Centre

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • EUR (€)
    Free Version
    • No
    Free Trial
    • 30 Days Trial
    Payment Frequency
    • Monthly Payment
    • Annual Subscription
    Vendor pricing page

    Integration
    Integrated With
    • Shopify
    • Square
    • Stripe Billing
    • Xero
    • QuickBooks Desktop Enterprise
    • Salesforce CRM
    • Zendesk Support
    • Sage 50 Accounting
    • Odoo
    • Vend
    • SAP Business One
    Visit website

  • Oracle PeopleSoft

    Oracle's PeopleSoft applications are designed to address the most complex business requirements. They provide comprehensive business and industry solutions, enabling organizations to increase productivity, accelerate business performance, and provide a lower cost ... read more about Oracle PeopleSoft

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    33% in ERP Software

    Features
    • Asset Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Supply Chain Management

    Key Details
    Licensing & Deployment
    • Cloud Hosted
    • Web-based
    • Windows
    Support
    • Chat
    Knowledge Base
    • Help Guides
    • Video Guides
    • Blogs
    • Webinars

    Packages
    Pricing Type
    • Contact Vendor
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • ProERP

    ProERP with Google Cloud is one of the Best Enterprise Resource Planning Software on Cloud that includes all critical ERP Modules like Purchase, Sales, CRM, Accounting, Stocks/Inventory, Production, Project / Site Management, ... read more about ProERP

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Customer Management
    • Financial Management
    • Inventory Management
    • Reporting & Analytics
    • Supply Chain Management

    Key Details
    Industries
    • Accounting
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • Chat
    • Phone
    • Support Days
    Training
    • Webinar

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • INR (₹)
    Free Version
    • No
    Free Trial
    • Available Trial
    Payment Frequency
    • Annual Subscription
    Vendor pricing page Get Free Trial
    Visit website

  • EOXS

    "EOXS embodies the philosophy of “Steel Meeting Technology” giving distribution business a holistic business solution. EOXS's ERP is a highly customizable software that eliminates the need for multiple platforms to manage a ... read more about EOXS

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Per User
    100% in ERP Software

    Features
    • Customer Management
    • Distribution Management
    • Financial Management
    • HR Management
    • Inventory Management
    • Order Management
    • Project Management
    • Purchase Order Management
    • Reporting & Analytics
    • Supply Chain Management
    • Warehouse Management

    Key Details
    Industries
    • Accounting
    • Automotive
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    • Windows
    • Mac
    • Linux
    Support
    • Email
    • Chat
    • Phone
    • 24x7 Support
    Training
    • In-person
    • Documentation

    Packages
    Pricing Type
    • Per User
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Monthly Payment
    Vendor pricing page
    Visit website

  • KTern

    KTern.AI is a DXaaS or a digital transformation as a service automation platform tailor made for the SAP community. It is a cognitive digital workplace that drives digital transformations - across each ... read more about KTern

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Pricing Type
    Contact Vendor
    100% in ERP Software

    Features
    • Project Management
    • Reporting & Analytics
    • Tracking and Visibility

    Key Details
    Industries
    • Automotive
    • Industrial-automation
    Licensing & Deployment
    • Proprietary
    • Cloud Hosted
    • Web-based
    Support
    • Email
    • Chat
    • 24x7 Support
    Training
    • Webinar
    • In-person
    • Documentation

    Packages
    Pricing Type
    • Contact Vendor
    Preferred Currency
    • USD ($)
    Free Version
    • No
    Payment Frequency
    • Quote Based
    Vendor pricing page
    Visit website

  • Global Business Commerce

    E-Commerce Made Simple Building a better E-Commerce with our powerful tools, you can list, sell, and manage products across many channels, simplifying your eCommerce operation. Your One-Stop-Destination for Everything E-Commerce Catalog - ... read more about Global Business Commerce

    Entry Level Price
    Free version
    Free Trial
    Available
    Pricing Type
    Free
    0% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
    • Customer Management
    • Distribution Management
    • Financial Management
    • Inventory Management
    • Order Management
    • Purchase Order Management
    • Reporting & Analytics
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

    Key Details
    Industries
    • Apparel-fashion
    • Arts-crafts
    • Computer-software
    • Consumer-electronics
    • Consumer-goods
    • Consumer-services
    • Cosmetics
    • Food-beverages
    • Health-wellness-fitness
    • Import-export
    • Luxury-goods-jewelry
    • Retail
    • Sporting-goods
    • Warehousing
    • Wholesale
    Licensing & Deployment
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  • VimBiz

    VimBiz is a suite of integrated modules, designed to streamline workflows in three main areas of a broadcaster’s operation: Scheduling, Rentals, and Engineering. Scheduling: Efficiently schedule complex technical & human resources with ... read more about VimBiz

    Entry Level Price
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    80% in ERP Software

    Features
    • Asset Management
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    Key Details
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    • Broadcast-media
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  • SIX ERP

    SIX ERP is a leading enterprise solution with transparent pricing and no hidden costs. Manage your full company with a single solution incl. Modules like CRM, HRM, Project Management, Warehousing, Sales Management, ... read more about SIX ERP

    Entry Level Price
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    100% in ERP Software

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  • xPower

    Take control of your business expenses the easy way - all in one place, from any device. Send professional looking invoices directly to your clients in just a click - Automatically send ... read more about xPower

    Entry Level Price
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    100% in ERP Software

    Features
    • Accounting Integration
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    • Consumer-electronics
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  • Stafiz

    Stafiz is a complete ERP and resource planning software for service companies, consulting firms, IT companies, and communication agencies etc. The solution allows you to manage projects and resource planning for your ... read more about Stafiz

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    14 Days
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    35% in ERP Software

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    • Architecture-planning
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    • Proprietary
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    • Email
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    • Weekdays
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    • EUR (€)
    Free Version
    • No
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    • 14 Days Trial
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    • Monthly Payment
    Vendor pricing page Try Software Demo

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    Integrated With
    • SAP Analytics Cloud
    • Cegid
    • Pipedrive
    • Salesforce CRM
    • PayFit
    • silae
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  • EcoGreen Express

    EcoGreen Express is a one-stop automation and order management solution for pharma retailers. Experience seamless business operations with Ecogreen with full control over your inventory, billing and accounting, purchase, and sales. Ecogreen ... read more about EcoGreen Express

    Entry Level Price
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    40% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
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    • Inventory Management
    • Reporting & Analytics

    Key Details
    Industries
    • Pharmaceuticals
    • Retail
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    • Yes
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  • Go4PLUS

    Go4+ provides a central dashboard to manage the Carry & Forward operations of the pharmaceutical organization. Automate and manage inventory, purchase & sales management, customer engagement, billing & accounting, and more with ... read more about Go4PLUS

    Entry Level Price
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    50% in ERP Software

    Features
    • Accounting Integration
    • Inventory Management
    • Project Management
    • Purchase Order Management
    • Reporting & Analytics

    Key Details
    Industries
    • Logistics-supply-chain
    Licensing & Deployment
    • Proprietary
    • On Premises
    • Windows
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    • Email
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    • 24x7 Support
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    • INR (₹)
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    • Yes
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    • Annual Subscription
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  • PharmAssist

    Medical distribution software - PharmAssist comes with a complete solution, with the fastest billing, most organized and scientific stock arrangement which helps faster stock removal and delivery. PharmAssist is a complete distribution ... read more about PharmAssist

    Entry Level Price
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    50% in ERP Software

    Features
    • Accounting Integration
    • Inventory Management
    • Order Management
    • Purchase Order Management
    • Reporting & Analytics
    • Supply Chain Management
    • Warehouse Management

    Key Details
    Industries
    • Pharmaceuticals
    • Warehousing
    Licensing & Deployment
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    • Windows
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    • Email
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    • 24x7 Support
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    • In-person

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    • Per User
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    • INR (₹)
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    • Yes
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    • Annual Subscription
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  • SFA360

    Web-based sales force automation system that is compatible with GPRS mobile report entry. It provides stock information with stockists, depots, and is working on an eco-friendly cause with its online sales tools ... read more about SFA360

    Entry Level Price
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    Per User
    40% in ERP Software

    Features
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    Industries
    • Pharmaceuticals
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  • Kentro

    Kentro is a cloud-based, modern ERP that provides features and solutions essential for effective operation, such as multi-channel order management and fulfillment, real-time inventory tracking, drop-ship automation, B2B/B2C online store, supply-chain, accounting ... read more about Kentro

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    50% in ERP Software

    Features
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    • Reporting & Analytics
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    • Tracking and Visibility
    • Warehouse Management

    Key Details
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    • BigCommerce
    • QuickBooks Online
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    • Stripe Billing
    • authorize.net
    • Avalara
    • taxjar
    • taxcloud
    • Zapier
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  • Viindoo

    Viindoo Technology Joint Stock Company provides comprehensive, synchronous, and connected Enterprise Management Software on the cloud platform, meeting all the needs of Enterprises. Viindoo product has the flexibility and full functions integration ... read more about Viindoo

    Entry Level Price
    $0 Per Month
    Free Trial
    15 Days
    Pricing Type
    Per User
    100% in ERP Software

    Features
    • Accounting Integration
    • Customer Management
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    • Inventory Management
    • Project Management
    • Purchase Order Management
    • Reporting & Analytics
    • Supply Chain Management
    • Tracking and Visibility
    • Warehouse Management

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    • Per User
    Preferred Currency
    • USD ($)
    Free Version
    • Yes
    Free Trial
    • 15 Days Trial
    Payment Frequency
    • Monthly Payment
    Vendor pricing page Try Software Demo Get Free Trial
    Available Packages
    Standard
    $8 Per Month
    Luxury
    $10 Per Month
    Visit website

  • TRANQUIL

    Simplify your trade contractor business with Tranquil ERP Software and manage your service, project and maintenance work, without the paperwork, in one superior cloud solution. As Tranquil is cloud ERP software, you ... read more about TRANQUIL

    Entry Level Price
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    50% in ERP Software

    Features
    • Accounting Integration
    • Asset Management
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    • Order Management
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    Key Details
    Industries
    • Architecture-planning
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    • Android
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    • Linux
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    • 24x7 Support
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    • Documentation
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    • Support

    Packages
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    • Contact Vendor
    Preferred Currency
    • AED (د.إ)
    Free Version
    • No
    Free Trial
    • 7 Days Trial
    Payment Frequency
    • One-Time Payment
    Vendor pricing page
    Visit website

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Buyer’s Guide

Enterprise Resource Planning Software Buyer's Guide 

The buyer's guide on ERP systems is intended to help businesses and industries meet their resource planning requirements. On a wider note, the guide offers in-depth knowledge and understanding of the importance of ERP tools along with the benefits and pitfalls of ERP implementation in the organization.

If you are planning to invest in an ERP system, then you can explore the profound details related to ERP software solutions in the following sections.

What is ERP?

ERP stands for Enterprise Resource Planning which serves as the centralized and comprehensive system which helps in supporting all the business process management processes of a company. 

Enterprise Resource Planning System is used to plan and manage the various activities of the organization that includes accounting, procurement, customer relationship management, reporting, supply chain operations, risk management, compliance, human resource management, manufacturing, and financial services. 

What are the key components of ERP?

The following main ERP components are:

  • Human Resources - From onboarding to offboarding and from benefits administration to timekeeping, the HR ERP component deals with all the activities. It deals with the full spectrum of employee management.

  • Customer Relationship Management - This component allows for keeping track of all the customers. Within ERP solutions, this element helps in leading data along with it enables the optimization of marketing and sales efforts.

  • Supply Chain Management - With the help of real-time data, this component helps in creating an updated, accurate production plan. 

  • Inventory management – It manages the processes of sales, warehousing, and order fulfillment, stocking a warehouse and tracking functionality.

  • Financial Management - The company can store and analyze business data with this element. It manages tasks related to accounts payable, accounts receivable, costs, budgets, and forecasts. 

  • Manufacturing operations management - It includes activities related to planning, publishing, scheduling, collecting, and analyzing functions.

  • Governance, risk, and compliance - The ERP system manages the tasks related to tax compliance, tracking, role-based permissions features, and report writers.

  • Business Intelligence – It helps in creating data-driven decision-making processes, collects and analyzes data, and offers actionable insights about business processes. It delivers insights in the form of reports.

What is the impact of ERP on businesses?

The ERP tool in the organization integrates and automates business processes. In real-time, it shares information related to the enterprise side that helps in improving customer service and corporate brand. The ERP provides better interconnectivity between the departments of the organization with the help of a single integrated software program.

Across the company, the ERP integrates all departments and functions into a single computer system, which in turn helps in serving the needs of different departments. ERP influences businesses in the following ways:

  • The ERP system can offer business intelligence tools and regularly provides an opportunity for improvement and refinement in the business processes. It assists in the business planning and projecting process.

  • The ERP tool issues related to productivity enhancement, customer service, inventory, quality control, cash management, prompt delivery, project management, and data-mining system.

  • The ERP systems monitor orders, and supply chains and make the distribution process effortless by tracking the movement of the materials. It offers faster tracking from production to end-user which helps in the completion of the task.

  • The ERP system in business helps in getting inventory levels under control. It manages real-time inventory levels, inventory orders, warehouse management tools, and information related to purchasing data.

  • ERP system makes financial management easier across all the departments by managing the issues related to accounts receivables, accounts payable, payroll, tax calculations, profitability analysis, acquisition cost per customer, purchase order preparation, and much more.

  • ERP software companies bring a net decline in the cost of resources used by organizations. One computer technician can maintain all the company’s software with the help of a single management system. If the ERP system is server-based or is supported by a third party, then it can decrease power consumption. 

“ERP is a philosophy for operating a business model. If your company does not want to adapt to this philosophy, save yourself the headache, and don’t pursue ERP.” 

                 Michael Pelphrey (Directing the ERP implementation)

What are the benefits of Enterprise Resource Planning System?

The primary benefits of employing the ERP system in the organization are:

  • Offers real-time data and information - In an organization, you can have a systematic and uniform flow of business data and information across all departments. 

  • Make better collaboration - ERP tool increases collaboration by increasing access to data from other departments.

  • Boosts productivity - ERP implementation allows businesses to experience remarkable enhancements in their efficiency along with overall productivity.

  • Seamless Integration - Enterprise Resource Planning (ERP) systems make use of an integrated centralized database that assists in the main processes of a business.

  • Supports cutting operation costs - ERP for business helps in reducing the business’s labor and operating costs. Companies can experience maximum ROI and save money by managing their time and entrepreneurial resources.

  • Collaboration and Scalability - ERP provides collaboration between departments and allows the addition of new users and functions to grow efficiently.

  • 360-degree view of business operations - ERP offers a 360-degree view into businesses like sales, planning, customer service, production, HR, distribution, and accounting.

  • Paperless operations - In the ERP, you can have your files and documents at your fingertips which you can access from anywhere. It helps you to do away with the need for printing and wasted papers.

  • Better-informed decisions – The user can view every aspect of business processes with the help of ERP software solutions. Businesses can make better-informed decisions.

  • Proper inventory management - The software allows users to have the details of the product by knowing where every piece of the product came from, where it is and where it is required in real-time.

  • Enhances business reporting - Effortlessly the companies can respond to complex data requests which in turn helps in saving time. The user can run their reports with the ERP system tool.

  • Apt data and cloud security - Enterprise Resource Planning Software provides appropriate data and cloud security functionality to the users.

  • Powerful business insights – ERP allows businesses to make informed business decisions and can have advanced insights from analytics tools. It integrates data for the entire organization.

  • Easier regulatory compliance –  Software offers information on the business data that includes details regarding who, what, when, where, and why which in turn can ease the regulatory compliance process.

  • Streamlines business processes - ERP software for business streamlines the process of sales and communication among departments of the organization.

  • Greater efficiency and flexibility - ERP helps in boosting productivity and simplify business processes.  ERP software solutions can adapt to the changing needs of the growing business.

  • Correct Forecasting - By employing ERP, the users and managers can have the tools and resources required to make more accurate forecasts.

What is ERP software?

ERP software allows the standardization and integration of business processes across various departments like finance, procurement, sales, accounting, customer support, CRM, human resource, and inventory in the organization.

The ERP software for business allows the automation and amalgamation of a core business process that includes taking customer orders, maintaining inventory records along with financial data, and scheduling operations.

What are the most common features of Enterprise Resource Planning Software?

The most commonly found features in ERP systems are as follows:

  • Integration- ERP platform is fully integrated that allows you to analyze and monitor data-driven tasks. It combines sales, engineering, accounting, and other business functions. ERP tools maintain the natural flow of information.

  • Customer Relationship Management – In a centralized and organized database, the ERP software records customer information that includes names and contact numbers. The business can handle marketing automation, sales pipeline activities, and lead management tasks by employing CRM tools. You can enhance long-term customer retention through ERP’s customer service management capabilities.

  • Automation – ERP system implementation helps in automating the everyday tedious tasks that include payroll, invoicing, reporting, accounting, and order entry. It is easy to reduce human errors by automating business processes.

  • Inventory Management- ERP software solutions allow smooth supply chain operations. It keeps track of in-house stock quantities. In business enterprises, it helps in preventing events like backorders and surplus inventories along create a balance between them.

  • Finance and Accounting- Enterprise Resource Planning (ERP) systems provide real-time information to the managers regarding accounts receivables, accounts payable, general ledger, and financial reporting.

  • Mobile functionality- ERP software for businesses provides mobile access to its database and processes that allow companies to gather information about their employees effortlessly. The companies can grant remote access to their employees from product pricing to transportation services with the help of this functionality.

  • Human Resource Management- Within the ERP system, the HR component helps in the activities related to employee management, payroll, recruiting, training and development, hiring, payment automation, tax, and benefits deductions. It handles the complete employee database. 

  • Data Analysis- The system analyzes the data related to all business operations. It includes client and sales data along with production statistics. You can track organizational productivity and efficiency with the help of the data analysis feature.

  • Sales and Marketing – You will find the taxation rules and shipping tracker feature in the advanced form of enterprise resource planning software. The sales and marketing component manages sales workflows like sales inquiries, sales orders, sales invoices, and quotations.

  • Core Manufacturing- Enterprise Resource Planning System allows companies to align manufacturing and inventory processes. It accelerates the production cycle and streamlines the production process. With the help of the inventory management system, it allows for cost reductions. You can get detailed reports on business-critical inventory information with this component.

The other essential features of ERP software are:

  • Deals Management
  • Customizability
  • Email automation
  • Payment gateways
  • Workflow management
  • Document Management
  • Asset Management
  • SMS notification
  • Recruitment automation
  • Financial Reports
  • Project Management
  • Contact Synchronization
  • Reimbursement Service
  • Integration with WooCommerce plugin

Delivery models of ERP software

The primary delivery models for ERP software are:

  • On-Premise- This type of delivery model is considered traditional and is purchased by the company. In its server, the company installs it. As per the typical needs of an organization, the on-premise software system gives the leverage of customizing the application. Within your company-owned servers, your business data remains secure.

  • Private Cloud- The organizations can host the application on a private server, which is located on-premise by making use of individual cloud-based software. ERP vendors have ownership of the software. You can hold a high degree of control over it because the cloud server is private. The vendors manage and update the server remotely. In this type of ERP solution, the customers have the flexibility to develop their customizations and applications.

  • Public Cloud – The ERP vendor server owns and remotely hosts this type of ERP software. On a subscription basis, you can access it over the internet. Across multiple servers and database resources, you can install this application. If your business is spread across various locations, then you can make use of this technology. The other name of this model is SaaS (Software-as-a-Service)

  • Hybrid- Both on-premise and cloud format is combined to form this type of ERP solution. Without losing data or functionality, the Hybrid solution allows customers to migrate from one delivery model to another. 

  • Hosted – In this type of ERP model, you own the software but not the server. By paying a monthly fee, you can use third-party servers where you can locate your data. ERP vendors manage data backup and data security. The software is accessed through virtual private networks.

Why do you need ERP software?

Enterprise Resource Planning Software manages business functions efficiently. For several reasons:

  • Simplify the business process – The business operations gain speed, efficiency, and accuracy with the ERP system. The automation and integration feature can increase productivity and reduce time and labor costs.

  • Supports company growth – The businesses can spend less time pushing paper and more time drilling into the areas that help the company to move forward by utilizing an efficient ERP system.

  • Better Collaboration – The ERP tool provides a central database where the data is compiled, shared, accessed, and stored. This system helps in reducing errors, which are caused by working with incorrect data. The system helps in improving collaboration.

  • Improves Inventory Monitoring- ERP for start-ups allows tracking and monitoring of inventory levels as ERP systems make use of barcoding, RFID (radio frequency identification) tags, and serial numbers that help in tracking inventory levels.

  • Mobility and flexibility- The ERP software provide accurate information to the users by leveraging the centralized database. It offers remote access to the database that helps in processing multiple functions.

  • Enrich accounting and financial reporting- ERP system implementation allows tracking of incoming and outgoing transactions. With the help of the centralized platform, it helps in increasing the visibility of crucial operational data.

  • Regulatory Compliance and Security- ERP system monitors compliance, streamlines data processing and internal processes, and enhances security features like regulated data access, and in-built firewall systems.

  • Improves Production Planning and Resource Management- ERP for small businesses not only manages inventory but also looks after manufacturing and provides insights into all manufacturing operations. This application administers the Bill of Materials (BOM) and fixed assets. It helps in improving profitability and supply chain relationships.

  • Better CRM- ERP system implementation allows the CRM (Customer relationship management) to have access to the data across business functions. You can see the details like order history and billing information with integrated CRM.

What is a cloud-based ERP software?

The cloud-based ERP software allows users to access enterprise resource planning over the internet. At any time and from any location, the companies have access to their business-critical applications.

For small and mid-sized businesses (SMBs), cloud computing is valuable as it provides access to full-function applications at a reasonable price. You can focus on running your business rather than on IT administration with cloud deployment. 

Nowadays, businesses prefer to set up an ERP system in the cloud due to the following benefits:

  • Scalability
  • Enhances accessibility and mobility
  • Offers Cost transparency
  • Security standards and compliance
  • Sales Automation
  • Better system availability and disaster recovery
  • Concentrates on core competencies
  • Quick implementation
  • Speedy updates and upgrades
  • Lessen up-front and operating cost

ERP Software for Manufacturing and B2B

Enterprise Resource Planning software for the manufacturing sector provides one user interface for the entire organization that helps in managing various functionalities. These functionalities are related to materials and parts purchasing, product planning, financials, production scheduling, capacity utilization, order management and tracking, customer satisfaction, procurement, equipment, and assets.

ERP system implementation for manufacturing is considered due to the following reasons:

  • Provides access to operational and financial information
  • Offers a better supply chain with enhanced inventory visibility
  • Improves customer satisfaction
  • Simplify processes across multiple locations
  • Allows a global workforce
  • Grow the business with profound forecasts

The integration of the ERP system in B2B provides the following benefits:

  • Fulfills the statutory requirement
  • Lessons manual order entry time and errors
  • Streamlines inventory management
  • Improves the back-end processes
  • Manages the operation of the entire management team
  • Generates management reports accurately
  • Handles issues related to accounting, financials, suppliers, purchasing, customers, and sales

How does ERP software work?

ERP manages the business in an enterprise. The ERP system contains various modules according to the business hierarchy levels. As per the flow of the business in the organization, these operations are monitored and calculated correctly. The ERP system works according to the setup, which is done by the association's business stream. 

How to select the best ERP software for your business?

You can select and implement the best ERP software for your business by considering the following points:

  • Identify your requirements – Analyze and define your business processes before choosing an ERP system. Make out all the weak points in your organization, which can only be improved with the help of ERP software solutions. 

  • Be familiar with the cost of the ERP implementation- Consider the price of the ERP system which also includes the cost of implementation and integration. To determine the real ROI in your business, you should compare the features and functions of different ERP systems.

  • ERP Vendor- Identify the vendors correctly so that they can provide you with long-term support and assistance within your budget limit. Make sure the vendor fulfills your business requirement for the committed year.

  • Accessibility on Mobile devices - Nowadays, it is essential to access the different functions of the ERP system through smart devices like tablets or smartphones. Ensure that your ERP platform delivers an interface that you can run effortlessly on your smart devices.

  • Customization and Integration option- In accordance with your dynamic needs, you can adapt and adjust your ERP system with the help of customization and integration capabilities. You can easily do configuration by clicking on options that are available in your ERP software. As per your business requirement, you can change the actual code of the software.

  • Implementation and Deployment- Explore the technical expertise and reputation of the implementation partners before implementing your ERP system. Make sure the right implementation partner should undertake the task of ERP implementation.

  • Local, Cloud, or Hybrid- As per your requirement, you can choose the ERP system between on-premise, cloud, or hybrid models. Usually, local installations require a high upfront investment. In the cloud system, you need careful integration evaluation before data migration. In hybrid systems, you can have a practical solution with careful customizations.

Who can use ERP software?

ERP software is beneficial for businesses that involve complex functionalities. The businesses that can enhance productivity by employing an Enterprise Resource Planning System are:

  • Healthcare
  • Construction
  • Wholesale
  • Manufacturing
  • Big-box Retailers
  • 3PL (third-party logistics) providers
  • Distribution
  • Logistics
  • Professional Services
  • Industrial Services

How to make the right decision about your ERP systems?

The right decision about your ERP system can be made by considering the following points in mind:

  • Value Planning - Both quantitatively and strategically decide in what ways your ERP system can add value to your business. The outlined plan will help you in highlighting the long-term goals.

  • Think about the budget - Before finalizing the ERP software, you should consider the cost of implementation, installation, and maintenance. You can determine the real ROI (return on investment) in your business by comparing the features and functions of different ERP systems.

  • Explore Vendors - Thorough research of the right vendor is a must for your ERP business. The vendor should be compatible with the cloud environment as it is essential for running your business efficiently. 

  • Expert advice - In your decision-making process, make sure you include the experts so that they can adequately guide you regarding the ERP system and the process of software migration. The expert decision-maker can assist you in your decision-making process.

  • Take your time - ERP implementation is a big undertaking, so you should take ample time before finalizing it. Ensure that your business goals align with the big choices that you are planning for the implementation of an ERP system.

Top trends driving the ERP market

The ERP software market has evolved fast with a wide range of functionalities. In the ERP market, the top emerging trends are:

  • Cloud-based solutions- ERP for small businesses and start-ups can have automatic updates, universal accessibility, and heightened security with cloud-based solutions. You will find that cloud services are essential for various departments like sales, human resources, manufacturing, and marketing.

  • IoT (Internet of Things) – By connecting devices and products to the Internet, you can have better oversight over things like supply chains, appliance performance, shipping partners, and a data pool for the decision-making process.

  • Mobility- Managers, executives, workers, back office, and front office staff can manage critical business operations on smartphones and tablets. Anywhere and anytime, they can access business operations on mobile devices. 

  • Real-time insights- The functionalities of the interactive dashboard and in-built reporting can create a flawless user experience. The real-time insights allow users to have prompt responses along with faster turn-around time.

  • Predictive Intelligence- Businesses can increase their operational efficiency, drive more sales, and enhance productivity with predictive intelligence capabilities. In terms of data and market trends, the BI (business intelligence) tools can strengthen the business core which ultimately helps in augmenting human capabilities.

  • Leverage supply chain management- The ERP system can increase the visibility of your supply chain operations, which in turn can help in promoting communication among various departments of the organization. You can keep your organization on the same page with the proper supply chain management system. 

  • Adding up social media and digital marketing - Across multiple social media channels, the list of ERP systems can incorporate direct marketing and data-gathering links so that they can gain competitiveness.

  • Big data analytics- Users can make accurate predictions by using analytics tools. It helps users to form a more intellectual approach to the business strategy. A large amount of data can be generated exponentially due to IoT-connected tools.

  • User-friendly– Several top ERP vendors have started making the user interface much more friendly and intuitive. The attractive dashboard and easy-to-use ERP features can encourage users for the ERP platform.

  • Seamless Integrated ERP – The integration of ERP solutions with the existing or new modules can provide lots of benefits in terms of access to real-time data, reduction of hardware and software costs, and automated functioning.

  • Built-in Analytics- To meet the competitive market, several businesses are enhancing their analytics capabilities. ERP systems have started implementing this feature too.

What is the average cost of ERP software?

ERP software considers the cost of licensing, implementation, training, process redesign, maintenance, upgrade support, development for customization, and vendor pricing.

The price of the Enterprise Resource Planning (ERP) system is based on the business size and the requirement of its operations. The cost of the ERP for start-ups and small businesses is more affordable as they require basic plans contrary, unlike the ERP for big organizations that go for advanced programs. Small businesses can also try free and open-source ERP software solutions.

The average cost of ERP software can start as low as $ 5.6 per year (for example, ERPNext). It can reach as high as $111.37 annually (for instance, ChiefEX) approximately.

Why refer to Goodfirms’ list of best ERP software?

Goodfirms performs rigorous research based on the latest business trends. If you are looking at the ERP system for small businesses or start-ups, then you can look at the curated list of top-quality ERP software created by Goodfirms.

Before finalizing the best ERP software for your organization, you can explore the list of ERP software to gain knowledge of the high-quality ERP software solutions available in the market.

Enterprise Resource Planning (ERP) Software Comparison: Odoo, SAP ERP, Oracle NetSuite ERP, Sage ERP, and Epicor ERP

FeatureOdooSAP ERPOracle NetSuite ERPSage ERPEpicor ERP
Company BackgroundOdoo is developed by Odoo S.A., a software company offering a suite of business management software solutions.SAP ERP is developed by SAP SE, a multinational software corporation known for its enterprise software solutions.Oracle NetSuite ERP was developed by Oracle Corporation, a multinational technology company that provides cloud-based software solutions.Sage ERP was developed by The Sage Group plc, a multinational enterprise software company that provides accounting and business management solutions.Epicor ERP was developed by Epicor Software Corporation, a global technology company that provides industry-specific ERP solutions.
Target AudienceSmall to medium businesses (Open source version available)Large enterprisesBusinesses of all sizesSmall and medium businessesManufacturing, distribution businesses
DeploymentCloud-based (Open source version also available), On-premiseCloud-based, On-premiseCloud-basedCloud-based, On-premiseCloud-based, On-premise
PricingFreemium (limited features), paid plans start at ~$6/user/month (Open source version is free)Expensive, custom pricingSubscription-based pricingSubscription-based pricingSubscription-based pricing
StrengthsOpen-source version for customization, wide range of functionalitiesScalable, robust features for large enterprisesCloud-based, good for international businesses, strong financialsModular design, industry-specific solutionsIndustry-focused (manufacturing, distribution), strong manufacturing capabilities
WeaknessesOpen-source version requires technical knowledge, limited supportComplex and expensive, requires significant IT resourcesLess customizable than Odoo, may be overkill for small businessesLess scalable than SAP or Oracle, limited industry focusLimited functionalities outside of manufacturing and distribution
Best forBusinesses seeking a customizable and affordable solution (Open source option)Large enterprises needing a comprehensive and scalable ERP systemBusinesses of all sizes seeking a cloud-based ERP with strong financialsSmall and medium businesses looking for industry-specific solutionsManufacturing and distribution businesses needing advanced manufacturing functionalities
Goodfirms Notes:Odoo offers an open-source version with high customizability but requires technical knowledge.SAP ERP is a powerful solution for large enterprises but is complex and expensive.Oracle NetSuite ERP is a cloud-based option with strong financials that is good for international businesses.Sage ERP offers industry-specific solutions for small and medium businesses.Epicor ERP caters to manufacturing and distribution businesses with strong manufacturing capabilities.

Frequently Asked Questions

When is the right time to update Your ERP system?

The final decision of buying an ERP system depends on the productivity, profitability, and efficiency that businesses seek to accomplish. However, there are certain signs that businesses can watch to understand the need for an ERP system's update and upgrade. Have a look at the following points;

  1. If there are any critical bottlenecks in the current software usage and whether features are outdated or not. 
  2. If your previous deployment mode is no longer valid due to growth in the company's size, revenue, or employees. 
  3. If your company is starting a new venture which requires more processes, analytics, and upgraded platforms.
  4. If there are inefficiencies in current processes and functions. 
  5. If there are automation issues and existing systems are incapable of automating the redundant processes.
  6. Even after ERP implementation, your business, departments, and teams are struggling to achieve the desired results.
  7. When the current ERP systems are no longer regulatory compliant due to changes in policies

How long does it take to implement ERP solutions across the organization?

The time duration for implementation and streamlining of ERP software solutions depends on the process complexity, nature of business operations, and size of your organization. It may also vary depending on coverage, degree of customization, and type of deployment required.  

However, with an efficient ERP software vendor, good planning, and collaboration, you can significantly curtail the time required for implementation. While the implementation process also depends on the type of industry you are in, the common steps of deployment include system selection, data processing, and upload, technical training, and execution.
 

Do we need to hire full-time IT personnel for ERP system maintenance?

While technical support is required for deployment and customization (mostly provided by the software vendors themselves), once you have implemented the ERP system, you don't require full-time IT personnel. Your in-house trained employees can take care of the issues with technical support from your software vendor.

What are the hidden costs of ERP Software?

While most high-end vendors are transparent about their prices, users should play safe by asking about the costs associated with: Implementation, Hardware purchase (if required), customer support, customization, scalability, upgrades, and updates. It is always prudent to calculate each component separately and then arrive at a holistic figure to set an accurate budget for ERP implementation.

Which are the most popular ERP software providers?

Oracle Netsuite, SAP, Microsoft Dynamics, are the most popular enterprise-grade ERP software. However,  Odoo, Crest ERP, Kinetic, Infor, and Sage 300 are popular ERP solutions for medium and small-sized businesses.

What Are the Advantages of Cloud ERP?

Cloud-based ERP software has many advantages over traditional on-site ERP solutions. Cloud-based ERP solutions provide real-time analytics about business data, high-end security for organizational data, meager operating costs, scalability for the entire infrastructure, flexibility to access ERP from remote locations. Cloud-based ERP solutions provide unmatched industry-specific capabilities.

What is Two Tier or Tier 2 ERP?

Organizations Two-Tier ERP systems are designed to cater to the needs of large enterprises where data flow from Tier 2 to Tier 1. In this system, a large organization's headquarters use Tier 1 ERP systems while subsidiaries and other units use Tier 2 ERP systems. Two systems are integrated to achieve robust performance, increase functionality, and serve subsidiaries.

What is an ERP System?

An ERP system is an integrated software solution that centralizes and streamlines core business processes across various departments like accounting, supply chain, manufacturing, human resources (HR) and customer relationship management (CRM).

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