ERP (enterprise resource planning) software is no longer exclusive to large organizations. Any business that uses several software products to handle financial, HR, distribution, marketing, production, or supply chain processes should think about consolidating their systems into a single ERP framework.
What Is Enterprise Resource Planning Software, and How Does It Work?
ERP software is a software architecture that incorporates many kinds of business-critical software into a common user experience. Customer experience management, accounting, core HR, and supply chain management are all common aspects of ERP applications, but businesses can often find custom module configurations to suit their needs.
ERP software has historically been used for big enterprises due to its sophistication and number of functions, but recent years have shown that ERP software can be valuable also for small to medium-sized companies (SMBs).
This summary provides a high-level overview of what to consider when looking for and installing ERP apps. Using our Product Selection Tool at the top of this page to get a free shortlist of app solutions that are suited to your needs.
Best ERP Software
Oracle NetSuite is a common cloud ERP system that includes modules for financials, CRM, and e-commerce. It can be used by companies of all types, is very easy to set up and modify, and delivers crucial business details via its user interface. The platform is a modular approach for managing your financial market activities and back-office functions. Visual departments, clothing providers, college bookstores, consulting, services, food and beverage companies, and engineering firms also use it.
StratusGreen is an Oracle NetSuite Solution Provider that also develops custom NetSuite modules. They specialize in ERP and CRM and are a value-added reseller with NetSuite’s full business management product package. A consultation with StratusGreen is a perfect place to proceed if you’re interested in seeing if NetSuite is the best option for you.
Odoo is a highly scalable open source ERP and CRM platform. It has apps for a variety of business operations that can be easily incorporated. Apps for platform, sales, banking, operations, production, HR, connectivity, marketing, and customization are available in a variety of categories. Since it’s open source, it’s enabled thousands of business apps to be built by other entrepreneurs, business experts, and third-party providers.
As customers use Sage Enterprise Resource Planning tools for HR, accounting, asset control, and CRM, they can exchange knowledge around the company. They will streamline their corporate operations, gain real-time feedback, and find new approaches to improve them. It offers ERP software for small businesses as well as large corporations in the retail, distribution, and engineering services industries. It also has a Marketplace where you can find Sage-compatible solutions.
Workday is a banking, human resources, and preparation framework that offers a centralized data repository for financial, people, and organizational data. Financial control, human capital management, enterprise strategy, spend management, and talent management solutions are also part of this interconnected structure. With integrations, the app also has built-in insights, logging, and feature extensions.
MYOB is a business software company based in Australia that specializes in accounting. The app may be customized to function as an ERP solution in the cloud or on-premise. Financial accounting, business process mapping, CRM, opportunity and pipeline management, procurement management, and supply chain management and distribution are among the features included in its financial, logistics, and operations modules.
ERPNext is an open source cloud ERP solution that can be used as a replacement for a number of common premium ERP systems. Accounting, HR and payroll, manufacturing, distribution and purchase, CRM, project management, support desk, inventory management, and website builder applications are among the modules available. The software has built-in integrations for a variety of collaboration applications that can be hosted on-premise or in the cloud. It can be customized to include new functionality since it is open source program.
Bitrix24 is a free sharing portal with applications for networking, activities and assignments, CRM, call center, and website development. The cloud software, which is not the typical ERP approach, is extremely transparent and deployable. HR, sales, project preparation, and record processing are among the standard functions. It also includes free resources for extending the platform, as well as web and smartphone versions and an app store for adding additional features to the framework.
SAP Business One
SAP’s ERP software for small companies is called Business One. It’s a piece of business management software that helps small businesses to link and streamline their operations. It’s for businesses who need more than just an accounting scheme. The app interfaces with SAP’s HANA network, can be used on-premise or in the cloud, and has built-in business intelligence capabilities. Financial administration, distribution and consumer management, sourcing and inventory tracking, analytics and analysis, hundreds of add-on solutions, and smartphone connectivity are only a few of the modules available.
Oracle Fusion Cloud
Aside from the NetSuite product, Oracle has its own ERP tools. Users will get a full image of their company’s revenues and activities with Oracle Fusion Cloud ERP. Finance, HR, supply chain, and CRM are among the modules used. Pervasive AI and deep learning capabilities are now used to include business insight in the form of suggestions.
Microsoft Dynamics 365
Microsoft Dynamics 365 is a CRM and ERP framework in one. It’s an automated framework that lets you handle financial, supply chain, operations, reporting, manufacturing, and HR business processes. It’s perfect for corporations and big businesses looking to get more value from data analytics around the board. It can be customized to suit the needs of small businesses. Based on your company requirements, you can mix and match from a variety of applications.