Top 15 ERP Software Systems: Comparison of Top Solutions on the Market

ERP is an acronym for Enterprise Resource Planning which involves systems and applications used by businesses and organizations to manage day-to-day activities and operations. These activities include accounting, sales and marketing, procurement, manufacturing, project management, and others. ERP connects and ties together the varied business processes in an organization in order for it to work smoothly, run efficiently, and be productive, all with the end result of growing the business and making it profitable.

Regardless of size, type and niche, a business has several critical areas that need to be managed well. ERP software applies integrated solutions to streamline, automate and link the different departments and divisions of an organization such as HR, IT, finance, sales, and customer service. An ERP system serves as the hub whose network of solutions pump vital nutrients to all areas and functions of the organization to keep them in tune and in good working condition.

ERP software is generally classified as an enterprise application designed to meet the more complex and heavy duty functions of big businesses. Often, large corporations have their own IT departments or dedicated teams that utilize ERP systems to analyze big data and address the needs of multiple departments. However, small business ERP applications have come about to cater to the lightweight business management requirements of startups and growing companies. This type of ERP solution is usually customized to fit smaller business operations, and match specific business industry. In a survey by Panorama Consulting, 46% of respondents cite “best functional fit” as top reason for selecting particular ERP software.

In this article we consolidate all the ERP reviews we have on our site and present to you the top 15 ERP software systems and their core features and highlights. We’ll also go over the benefits that can be derived from implementing an ERP system as well as facts, figures and trends in the ERP landscape that you need to know. Again, this is part of our mission to bring you the requisite information so that when the time comes for you to choose an ERP solution, you’d be well aware of the many choices available in the market, and can come up with a smart decision.

Benefits of ERP Software

The top 15 ERP software systems included in this article provide more or less the same benefits. They just differ in the number of applications or toolsets offered. Since ERP software covers the entire spectrum of activities and binds together all processes across the organization, there are a plethora of benefits that can be gained from its implementation. It’s an understatement to say there are so many advantages that an ERP system can offer. Here are just some of them.

  • Improve data quality and accessibility. A unified database is the predominant ERP feature that connects the various levels and departments of an organization. With a single source for data that is automatically collected, consolidated, organized and analyzed (largely without human input), you get accurate and reliable information to guide decisions. ERP systems allow you to control and set user permissions so that only the right people can access the right data anytime they need to. With most ERP software cloud hosted and featuring multi-device compatibility, your people can access data remotely while on the go.
  • Improve reporting and planning. These are a direct result of having a single source of information. You can quickly generate any kind of reports – financial, sales, operational, inventory, procurement, administrative, etc. Likewise, the analytical capabilities of ERP greatly support corporate planning by providing you detailed insights and useful metrics on business performance and operational status.
  • Improve collaboration. Another result of readily accessible data and company-spanning information is better collaboration. An ERP platform simplifies the collaboration process among teams and employees by giving them on-demand access to data across units in the organization.
  • Improve visibility. The unified and centralized functional structure of ERP applications provides transparency and visibility into your business. An example is monitoring the status of your inventory levels even on a daily basis, letting you know current and incoming inventories, so you can precisely manage your working capital.
  • Improve supply chain management. An ERP platform can boost your supply chain, making it more responsive through better demand forecasting, enhanced inventory management, efficient procurement, among others. A well managed supply chain opens opportunities for manufacturing innovations and helps reduce costs.
  • Improve customer satisfaction. Far from what most people think, ERP is not super software but a collection of applications to manage numerous functional areas such as CRM, HR, financial accounting, e-commerce and others. All these are placed under the ERP umbrella to ultimately provide your customers the best experience and utmost satisfaction when dealing with your business, products and services.
  • Reduce time and effort. ERP software automates tasks and processes thereby greatly reducing time, effort and resources spent on daily, repetitive manual activities. This frees up employee time to focus on other revenue enhancing tasks. Furthermore, ERP promotes the adoption of industry best practices on company-wide level to further bolster productivity.
  • Reduce costs. An organization with smoothly running units that work optimally together redounds to lower costs and improve efficiency. ERP software is a unified platform of applications and tools that can dramatically lower IT related expenses such as administration, support, infrastructure needs, application licensing, and training requirements since users need only to learn one system rather than numerous separate applications. Acquiring an ERP suite requires considerable budgetary outlay, but you’ll find in the long run that your overall cost savings will outweigh your investment.
  • Facilitate regulatory compliance. ERPs facilitate processes for regulatory compliance by combining secure and validated data with built-in reports. ERP software aids in producing information required by federal, state and local regulatory bodies.
  • Facilitate data unification. The lifeblood of modern businesses is data, and ERP software is designed to handle, process, analyze, manage and unify data across functional units and multiple systems in an organization. An important aspect to data handling is having a central repository of information which an ERP facilitates, allowing you to control and determine who can see, edit and share data to ensure its integrity, accuracy and consistency.
  • Facilitate standardized and simplified business. Most ERP systems are built around proven business processes and best industry practices which help you deliver effective and consistent results. Since ERP software automates most business activities, it aids in eliminating errors, facilitates planning and reporting, and bolsters synergy of processes among departments.

ERP Trends

Technology and social media have been impacting the growth, development and adoption of ERP software for the last couple of years, and will likely continue in the near term. We go over some of these trends:

  1. Cloud ERP. Cloud hosted ERP platforms have introduced cheaper, faster and more powerful solutions to the ERP suite, making it accessible not only to enterprise users but also to small growing companies. The initial reluctance of ERP users to leverage cloud technology for their data and computing needs has slowly but steadily been overcome by the many advantages of the cloud, including reduced implementation and maintenance cost.
  2. Mobile ERP. With more customers now making purchases via mobile devices, this has pushed the need of sales teams and customer support staff to have real-time access to customer information wherever they may be. Businesses will look to more mobile ERP solutions for instant reports, data, and insights as well as to undertake core business processes while on the go.
  3. Social ERP. The rise of social media as a vital channel for customer engagement has added an important functionality to modern ERP software. Social media packages are now being added to ERP systems to monitor, track and process social interaction data. Integrating social media with ERP has further expanded the capabilities of already comprehensive ERP platforms.
  4. Modular ERP. Businesses vary, and not every ERP user would want an ERP suite with hundreds of applications, some of which may not actually be utilized. Modular ERP has been an attractive come on for non-enterprise users as it allows them to select and acquire only certain modules or feature applications to match the requirements of their business. Also, it lessens acquisition cost compared to getting a full suite.

Credits: Panorama Consulting 2016 ERP Report

ERP by the Numbers

The following facts and figures are based on the comprehensive 2016 research study of ERP systems and enterprise software conducted by Panorama Consulting Solutions. Here are some of the salient findings in their report.

  • 81% of organizations are either in the process of implementing ERP software or have completed implementation. 14% of organizations are in the process of selecting software. 5% are in the process of upgrading software.
  • Majority of organizations do not have internal expertise to achieve ERP success, and need specialists from outside to help them realize maximum benefits and potential ROI.
  • 35% reported implementation costs of 1-3% of their organization’s annual revenue, while 20% reported implementation costs of 3-5% of their annual revenue.
  • On average, ERP project accounts for 6.5% of the annual revenue of organizations which is an increase from the 5.9% figure in 2015.
  • In the area of ERP implementation outcome, 57% reported success, 36% didn’t know, and 7% reported failure.
  • ERP implementation results were often clouded by confusion and neutrality that indicate organizations did not put enough time in selecting software, justifying business case, measuring benefits realization, or auditing post-implementation.
  • Majority or 56% of organizations selected on-premise software among their deployment options, while 27% chose cloud, and 17% opted for SaaS.
  • There has been a significant jump in the use of cloud ERP from 11% in 2015 to 27% in 2016 which was largely brought about by more vendors offering cloud platforms.

Credits: Panorama Consulting 2016 ERP Report

Top 15 ERP Software Systems of 2017

1. Brightpearl

Brightpearl occupies the top spot on our list of top 15 ERP software systems. It is a multi-channel retail management system that handles the full spectrum of related business process – orders, inventory, customer data, accounting and reporting – all in one unified platform. Multi-channel retailers are able to accelerate their growth and maximize profits with Brightpearl capabilities to manage various retail business tasks and activities in a single, reliable system. It has tools that provide real-time reports on inventory, cash flow, profitability by SKU and channel, customer purchase behavior and more. Its analytics can provide vital information on core operations while its integration with leading ecommerce platforms allow users easy access to multiple new channels to grow their businesses. With powerful built-in accounting and reporting, the solution delivers insights up to customer, SKU, and channel levels. Also, it has flexible pricing plans to match the budget of businesses of all sizes.

What is unique about Brightpearl?

  • Comprehensive omni-channel platform. Harnesses its capabilities to handle inventory, reporting, accounting, customers, suppliers and fulfillment across omni-channel businesses, allowing you to make data-driven decisions and execute effective strategies to grow your business.
  • Built for retail. It specializes in omnichannel retail, and directs features and functionalities toward helping retailers sell more, and become more efficient.
  • Affordable system. It charges approximately half of what comparable systems’ subscriptions and implementation would require.
  • Centralized inventory management. All your assets are held in Brightpearl, and are being changed and updated in real rime.
  • Automated accounting. Bookkeeping entries for orders, invoices and payments are automatically accounted for by the system to eliminate manual bookkeeping operations.
  • Single information hub. With a centralized source of information, you can easily generate accurate, real-time reports, and make more informed, data-driven decisions.

2. Intacct

Intacct is cloud-based financial management software created for small to medium-size businesses looking for enterprise level solutions for their day-to-day operations. Its core financials automate vital processes to lessen your reliance on spreadsheets, and give you greater visibility into your real-time business performance. You can tailor the system to your business by configuring workflows, screens, and preferences, all without complicated coding. Due to its reliability and extensive accounting features, Intacct is recognized by AICPA as their top provider of financial-related applications for CPAs. The advanced financial platform allows you to add modules for multi-entity management, project accounting, time and expense management, contract revenue management, subscription billing, sales and use tax, check delivery service, and inventory management. It’s an all-around financial solution designed to increase efficiency, boost team productivity, and move your business forward.

What is unique about Intacct?

  • Solution for finance professionals. Intacct is recognized by the American Institute of CPAs. This reputation and standing makes it a solid platform for accounting and finance professionals.
  • Scalable system. Aside from its key finance features, you can add on other modules to handle a variety of advanced accounting and management functions to suit your business requirements.
  • Wide range of core accounting capabilities. A good ERP system needs first and foremost a robust accounting capability. Intacct’s core functionality is anchored on its powerful accounting features that can streamline processes for transactions, general ledger, balance sheets, financial reports, revenues, costs, margins, sales, tax, inventory, regulatory compliance and more.
  • Built-in and customizable reports. Intacct comes with built-in report templates so you can easily generate reports and presentations, analyze performance, and track sales. The software contains numerous basic graphs, dashboards, and charts, which are relevant to many basic financial reports.
  • Safe and fast payment processing. The platform is designed to facilitate credit cards and bills payment, and works closely with e-commerce websites, especially when it comes to online purchases and services by streamlining the processes and providing a secure platform.
  • Clean and simple interface. The default dashboard is similar to that of other accounting software, making it easy to use. Likewise, the dashboard can be customized with shortcut functions and can display only commonly used applications.

3. NetSuite ERP

Netsuite ERP is a unified business management suite with applications to handle ERP, CRM, financials, and ecommerce. It is currently used by over 40,000 small, mid-sized and large organizations spanning a broad range of industry and businesses. The scalable cloud ERP solution automates and streamlines front- and back-office processes including financial management, revenue management, fixed assets, order management, billing, and inventory management. It provides the entire organization from top management decision makers to teams and staff a customizable view of key performance indicators, operations status, and reports.

What is unique about NetSuite ERP?

  • It’s an Oracle product. When it’s from the second largest software maker in the world that has been in the business of computing for the past 40 years, you can be assured of its quality and proven customer support. Likewise, a huge customer base attests to the products performance and usability.
  • Complete visibility of your supply chain. You get a complete set of inventory management, manufacturing, and purchasing features for a more efficient supply chain that delivers an end-to-end, procure-to-pay process. These are on top of having a real-time view at key supplier, inventory and procurement indicators.
  • Fast track quote-to-quote process. The platform’s order and billing management module integrates your sales, finance, and fulfillment operations to eliminate manual bottlenecks and speed up order-to-cash process by creating a seamless flow from sales quote to approved order, successful order to fulfillment, and on-time invoicing to payment.
  • Streamlined fulfillment flow. Customer, order, invoice, and shipping information are centralized to help reduce fulfillment errors and avoid costs of reconciling shipping information. It integrates with top shipping carriers to help you manage your shipping needs, such as updated shipping rates and order processing costs, all within the platform.
  • Optimized recurring revenue streams. The platform integrates front- and back-office workflow for a subscription-based revenue model, providing you a complete, up-to-date view of customer information and interactions in order retain customers better and ensure continuous growth.
  • Accurate revenue recognition. NetSuite’s revenue recognition management allows you to calculate and create accurate financial statements for both product and service sales transactions occurring either on a single point in time or across various milestones.

4. ECount ERP

ECount ERP is a complete cloud-based ERP system that enables users to manage their accounting, purchasing, sales, production, and human resources needs all from a single platform. In turn, it has been touted as a platform that can help businesses save costs on the implementation and maintenance of ERP systems. ECount ERP allows for unlimited users at no additional cost. You can create user IDs for your entire team and have everyone use the same software without login limitations. Since 1999, more than 22,000 organizations around the world have been using ECount ERP’s management tools to increase their efficiency and profitability. It has been cited for being an affordable and flexible business management system that small and medium-sized businesses can rely on for their operations.

What is unique about ECount ERP?

  • Unlimited users. While other ERP platforms limit the number of users depending on price and package, ECount ERP allows for any number of users at no extra cost.
  • Budget-friendly ERP. A full ERP software package will set you back thousands of dollars in annual subscription cost. ECount ERP was made for small and medium sized businesses and hence was kept affordable without sacrificing its powerful features and capabilities. Latest pricing peg the ERP subscription cost at $55 per month or $600 per year.
  • Extensive features list. The platform provides an extensive line up of features to manage processes for accounting, manufacturing, purchasing, inventory, sales, and other business functions. The platform is compatible with any web-connected device, fully configurable. And easy to set up.
  • Accounting platform. Through ECount ERP’s accounting module, users can manage accounts receivable, accounts payable, cost accounting, cash flow projects, and many other accounting and finance processes. It integrates with other programs used in other departments and provides real-time information.
  • Manufacturing visibility. Users get a clear picture of the manufacturing process to ensure that any production is implemented within the projected costs and schedule, inventory levels are adequate, and materials to be used are readily available.
  • Sales management. ECount ERP’s sales module allows businesses to manage their sales activities with a greater degree of accuracy and efficiency, and with lesser discrepancies. This module helps users get more clarity in their sales processes and to improve on them as needed.

5. Odoo

Odoo is not just your standard management software as it covers essential sales and project management in a single platform, and enriches them with a variety of MRP, POS, and e-commerce functions to deliver a universal solution for businesses manage of all types. The system goes a step further by integrating your entire sales channels and combining them with powerful inventory management functionality to drive your business forward. Odoo is cloud-based platform which comes with a free basic plan for 1 app and for up to 50 users. Its full featured package covers all the apps you may need to handle a variety of business functions and processes. Odoo has an open source model which allows developers and business experts to build hundreds of apps to expand the platform’s usability and scale it to your business operations.

What is unique about Odoo?

  • Universal solution. Odoo covers all sorts of business operations, from project management, CRM, and HR to inventory control and omnichannel sales. It replaces the multiple applications you’re using to manage your sales process while delivering streamlined, easy-to-manage interfaces.
  • Highly modular. There are over 1000 modules to start with, and the user is free to add more while using it being an open-source platform. As integrated as it is, functionality or benefits are compromised regardless of the app you’re using to cover your business processes.
  • Lower TCO. The total cost of ownership is reduced with Odoo since you have a modern, integrated, and regularly updated tool which can easily replace the rest of your apps from day one. You can realize improved and timely delivery, lower inventory and administrative costs, accurate reporting, and reduction of cycle times.
  • Free plan and no-cost lifetime package. It’s got a basic free plan and a set up to meet the requirements of startups and small businesses. Moreover, the system’s flexibility allows you to tailor it even to your most specific needs, and to keep pace with the alterations in your business scenario.

6. PeopleSoft

PeopleSoft is an Oracle product designed to enable users to create a global collection of HR data and improved business procedures. The platform offers a collection of human resource functions to help you increase productivity, streamline business performance, and lower cost of ownership. From recruiting and managing talent, to accurately forecasting future workforce needs, PeopleSoft HCM lets you proactively manage HR operations while focusing on strategic business initiatives. However, PeopleSoft’s specialty goes beyond human capital management as it also brings into the platform functionalities for financial management, supplier relationship management, enterprise services automation, supply chain management, and comprehensive development toolset, all of which are meant to address various complex business requirements.

What is unique about PeopleSoft?

  • Global HR management. Manage HR on a global scale with a single system of record while complying with local laws and regulations through PeopleSoft’s global core human capital management system.
  • Workforce management. Employ tools and features to forecast, deploy, monitor, and manage your labor force. Likewise, reduce costs and increase productivity with workforce service delivery feature.
  • Labor rules and monitoring. Streamline time manager tasks to approve time, resolve exceptions, and make better decisions with real-time analysis of enterprise labor data.
  • Connected applications. Link HR applications with all other applications in the PeopleSoft suite to get a seamlessly linked computing environment and unified system that spans company wide processes such as accounting, payroll, purchasing, procurement, project management, analytics, and many others.
  • Backed by Oracle. PeopleSoft was founded in 1987 as a provider of human resource management systems (HRMS). It was acquired by Oracle Corp. in 2005 and has evolved as a full-suite ERP system specializing in HR management. You get quality and performance with a product owned and backed by a technology titan.

7. FinancialForce ERP

FinancialForce ERP is targeted at mid-market organizations transitioning from a CRM to an ERP platform. The software eliminates the boundaries between departments by providing organizations a unified ERP solution that is built on the Salesforce platform. FinancialForce ERP aligns all your sales, services, finance and HR apps and organizes them to give you crisp processes, clear visibility and the ability to act from anywhere. The unified platform brings together dozen of applications for Salesforce CRM, services automation, financial management, and resource management to solve the most pressing business issues and processes. With full scalability, you can start the platform with one app and let it grow into a full ERP suite over time to match the needs of your growing business.

What is unique about FinancialForce ERP?

  • Connect everyone. Built on the Salesforce1 Platform, it can connect customers, employees, partners, and products into a single system, providing everyone with a consistent view of the entire customer journey.
  • CRM+ERP. Customers using Salesforce CRM and FinancialForce ERP can take advantage of cross-departmental reporting, analytics, workflow, and collaborative capabilities.
  • Grow your ERP. FinancialForce applications are built to change, upgrade, and configure. It allows companies to get started quickly, even one app at a time. Its ‘configure before coding’ approach and the 2,000 apps in the salesforce.com ecosystem make it easy to customize and evolve your solution.
  • Financial prowess. The ERP is built around its financial management module that has an array of features to manage invoicing, accounts receivable, fixed assets, revenue recognition, spend management, and accounts payable on an Enterprise class, scalable platform. It also has tools for ordering and billing, cash collection, revenue recognition, advanced quoting, and many others.

8. Sage 100 ERP

Sage 100 ERP is an ERP platform designed to help small and mid-sized businesses manage their resources through a toolkit that delivers comprehensive financial and operation functionality, including manufacturing and inventory features. The software is comprised of several modules intended to cover various aspects of ERP operations and processes such as core accounting, distribution, manufacturing, business intelligence, CRM, HR, time and project management, among others. Manufacturers will find it easy to track jobs, materials, and opportunities, and manage complex and discreet processes all from a single platform. The system is also able to handle make-to-stock and build-to-order jobs. Sage 100 is scalable and offers a flexible pricing scheme, allowing you to pay only for features and applications that you need.

What is unique about Sage 100 ERP?

  • Easy to use platform. Sage 100 ERP is user-friendly and is highly-modularized, enabling you to purchase or deploy only the functionalities you need. The pricing scheme is also adjusted to this concept, hence you will be charged only for features you’ve specifically requested.
  • Customizable and stable. The system allows you to store historical budgets in all of your records, or create new ones when planning expenses for upcoming fiscal periods.
  • Built-in templates. You can create financial statements, and choose between a variety of pre-built and pre-defined templates to make financial operations more industry-specific.
  • Back-ups and security. Sage 100 ERP support remote access and backs up data and operation overnight. Highest security and protection precautions are in place to ensure no intrusion will impede on your corporate operations.
  • Sage data cloud. The product enables you to connect it to your Sage Data Cloud, and easily import/export information between the two. Its native integration also makes it possible to link the platform to a variety of Web and mobile services and applications.

9. SAP Business One

SAP Business One is an enterprise management tool designed to streamline the flow and storing of information across businesses of all scales. It outs together the operational and financial processes of businesses in a single software system to let you handle and coordinate customer relationship management, sales, purchases and procurement, finance and business intelligence reporting. SAP Business One applies extensive functionality based on industry standards and practices, allowing businesses of all size and type to leverage their resource allocation and management. You can choose the tools specific to your functionality area and industry operations such as consumer products, wholesale distribution, machinery and components, retail and professional services.

What is unique about SAP Business One?

  • Integrated platform. SAP Business One is a single software that can handle all the CRM, HR, finance, procurement, analytics, supply chain, CRM, and ecommerce requirements of businesses.
  • One data hub. All the operations being recorded and handled at a single system makes it easy to fetch data at the time of need or to share the data with employees for decision-making purposes.
  • Automated financials. Accounting and financial management can be automated without the need of recruiting any resource to handle financial matters. It ensures that no errors occur, information is readily available, and scales and margins are improved.
  • Efficient CRM.  The platform provides the essential tools to help you generate leads, converts them to prospects and customers, and provide marketing and sales support.
  • Streamlined procurement. The entire purchasing and procurement process, from the start till payments and invoicing, gets streamlined with automation tools, keeping the entire process full optimized.

10. Infor VISUAL

Infor VISUAL is an ERP system designed for manufacturing organizations looking for a complete solution that covers the entire operational lifecycle. It offers end-to-end functionality from planning and sourcing to creation and delivery, and utilizes applications to manage complex projects and production, supply chain, HR, accounting and finance, customer management, reporting and more. The platform is currently being used be several manufacturing industries involved in automotive, defense, aerospace, electronics, industrial equipment, medical devices, capital equipment, precision tools and many others. It is fully integrated, flexible and easy to use ERP software that harnesses advanced technology to streamline operations, automate tasks and processes, and deliver real-time information. It can undertake CRM, BI, quality management, planning and scheduling, and warehouse management in a unified, scalable system.

What is unique about Infor VISUAL?

  • Accurate operation. The platform brings you a complete and precise solution for complex order-driven manufacturing process that eliminates guesswork, allowing you to easily produce accurate project/job quotes and prices or estimated delivery date.
  • Complete visibility. You’ll be able to view the entire order lifecycle, and see bottlenecks at the production level so you can act on or utilize resources to speed up and optimize the manufacturing process.
  • Efficient quality controls. You can enforce quality test procedures across your manufacturing process and supply chain, to ensure everything adheres to predefined standards.
  • On-time delivery. The system promotes increase production throughput, margins, and customer satisfaction using cost performance solutions as well as its patented EasyLean scheduler to ensure on-time delivery.
  • Full scalability. The platform provides you both the application and database infrastructure you need to support scale. With built-in multi-entity, multi-site, and multi-currency capabilities, you get the flexibility to support your business and expand capabilities.

11. Microsoft Dynamics AX

Microsoft Dynamics AX is also known as the Operations module included in Microsoft’s Dynamics 365 enterprise edition. This ERP tool combines industry and brand-specific functionalities with core enterprise management features to empower companies to meet the challenges of their industries, and make use of profitable business opportunities. Users can deploy Microsoft Dynamics AX on premise or on cloud, while its open REST API guarantee the system’s compatibility with a variety of business applications. The system brings with it multi-language and multi-currency capability, and offers a friendly interface, outstanding flexibility and customization, and a reliable support team. Using Microsoft Dynamics AX also makes you a part of a large user community where you can learn how to maximize its potential and to exchange experiences.

What is unique about Microsoft Dynamics AX?

  • It’s a Microsoft product. The product brings with it the reputation of its mother corporation which happens to be the biggest and #1 software company in the world.
  • Feature packed. The system is filled with unparalleled ERP and inventory management functionality, making it possible for companies to manage projects and complete accounting operations, control sales and general ledger finances, plan and schedule production, and stay in control of their supply chains. It also has several HR management features such as development, training, and performance management.
  • Digital intelligence. Microsoft Dynamics AX provides you with the digital intelligence needed to make your business globally scalable and able to grow. You can use it to gain full visibility across distribution, sales, and marketing systems and accelerate product introduction.
  • Retail ERP. The platform enables sales agents to access product and customer information they need to build a personalized approach. It combines all of your retail points (e-stores, mobile sites, social media) to make products faster and more effective. It likewise offers a variety of warehousing, transportation, budgeting, POS, and e-commerce functionalities.
  • Finance ERP. The system gives you a live view of all your numbers, and analyzes all of your financial data. Such immediate and accurate financial insights help all departments become more effective, and drive their strategies towards growth.
  • Legacy system compatibility. Microsoft Dynamics AX integrates with all important legacy systems, and imposes no restrictions as to how and where you can use it. It will support the IT needs of your company in a cost-effective manner, and adjust its growth pace to market conditions.

12. Deltek Vision

Deltek Vision is a web-based ERP app that is available for cloud or on-premise deployment. It offers project management, resource management, project accounting, business development, time/expense management and other features. It provides important business data in real time through alerts, customizable reports, and role-based graphical dashboards. It can manage all aspects of financials including accounts payable, accounts receivable, revenue recognition, and budgeting with support for multi-company and multi-currency. In addition, the platform helps companies select the right employees for the right projects, manage client contacts, track opportunities, and monitor sales pipeline. Deltek is used in various industries such as engineering, architecture, market research, IT consulting, and management.

What is unique about Deltek Vision?

  • Information solutions provider. Deltek is an enterprise information solutions provider that carries a variety of project information management tools so you can efficiently manage time and teams, improve collaboration, and share critical information company-wide.
  • Reporting and visualization. Deltek Vision offers useful information to your management team to help them make smarter business decisions. Key features such as insightful reports, dashboards, and visualization provide information and data you need to manage your business
  • Streamlined project execution. The application offers integrated and comprehensive capabilities including purchasing, time and expense management, financial and project accounting, and resource management to streamline the execution of projects.
  • Insights and analytics. The platform provides you insights and info on which projects offer the best opportunities for your company. You get accurate analysis of cost and benefit as well as make use of crucial client info to build targeted sales and marketing campaigns, and generate proposals quickly.

13. ERPNext

ERPNext is open source ERP software with functionalities to handle financial accounting, project management, human resources and inventory management. The solution’s human resource management feature enables companies to come up with staff records, record expense claims and measure employee performance. For project management, the system allows users to formulate project tasks, which can be carried out by employees. There are several modules available such asset management, CRM, manufacturing, and sales management solutions. ERPNext is deployed both via cloud and on premise, with the cloud version paid depending on the number of users. Being an open source platform, ERPNext supports both Linux and Web browser operating systems.

What is unique about ERPNext?

  • Easy management. The platform can be easily managed with extensive features rolled into a single solution. ERPNext eliminates the need for custom programming owing to its Model-View-Controller architecture and metadata modeling tools. It is cross-compatible with other systems, and has a user interface that is easy to understand and navigate.
  • Flexible pricing. ERPNext offers four affordable pricing plans positioning it as a viable alternative for small and mid-sized businesses. The plans which starts out at $299 per year differs in the number of users, storage capacity, and number of emails supported.
  • Accounting tools. The software’s capabilities is anchored on its powerful accounting and financial tools that can undertake tax calculations, bank and payment reconciliation, inventory, and reporting, to name some.
  • CRM tools. It can handle CRM processes and generate reports for sales, quotations, management and communication with current and potential clients.
  • Production platform. For inventory management and manufacturing capabilities, the software can easily help in managing inventory warehouses, valuations and stocks. This feature is ideal for companies who engage in distribution and logistics management as it makes storage inventory tasks fully automated.

14. Epicor ERP

Epicor ERP is an ERP software built for the precise needs of mid-sized and large businesses involved in manufacturing, distribution, retail and services. Backed by over 40 years of delivering industry-specific business solutions, Epicor ERP harnesses new technologies such as business analytics, big data, mobility and the Internet of things, among others, to provide flexible and smart manufacturing and business support to its customers. Epicor ERP is a fully integrated ERP package with comprehensive features to handle accounting and finance, customer relations, project management, inventory, pre-production materials planning, manufacturing execution, human capital, supply chain, global business management, and many others. The application is designed around a service-oriented architecture and is modular based.

What is unique about Epicor ERP?

  • Flexible end-to-end solution. The application provides you with a flexible platform for end-to-end supply chain management as well as an extensive suite of manufacturing capabilities for scheduling, planning, executing and monitoring your entire business.
  • Modular architecture. You can opt to have only the modules you need, all equipped with full-level performance features. The modular architecture allows you to easily build a customized system to match your specific requirements.
  • Robust financial accounting. Epicor includes an extensive range of financial reports, financial statements, journal listings, general ledger, and trial balance reports. Its chart of accounts can handle any mix of companies, departments and divisions, each with their own different set of fiscal periods and account structures.
  • Familiar UI. The Epicor platform offers both client-based and browser-based and navigation, and comes in two UI set ups – classic and modern. The classic is similar to a Windows Explorer while the modern menu looks and functions like that of Windows 10.
  • Comprehensive support. A full array of support is provided by Epicore which include various channels such as phone, email, live chat, in-person. A comprehensive knowledge center offers documentation, education and training. Also, there are over 60 Epicor customer support portals that you can access for information.

15. Deskera

Deskera is a complete management platform with a vast set of modules and features that can address virtually any problem faced by modern businesses. The cloud ERP platform can help you enhance productivity and operational efficiency, track finances, improve utility, and manage customer and vendor relationships. Deskera gives you a comprehensive and integrated platform to run your business in the way you see fit. It integrates your purchasing, inventory, sales and billing, product management, vendor management, and financial reporting processes on a single platform and provides you insights into day-to-day business operations in real-time.

What is unique about Deskera?

  • Sales management platform. One important job of ERP software is managing your sales and purchases. With Deskera, you can now handle all the operations related to quotations, invoices, return, and more.
  • Inventory monitoring. Deskera provides integration options so that you can connect your inventory and manufacturing information with the software. It can monitor stock levels and inventory status, and offers a variety of cycle counts and inventory planning features.
  • Financial reporting. The software’s reporting features have been designed to keep all your financial info up to date. Intuitive charts and graphs along with detailed analysis allow you to stay ready for audits all the time.
  • Supply chain management. Deskera ERP cloud offers vendor management and supply chain management to keep processes flowing smoothly when it comes to purchasing inventory items. You can automate transactions and bring more efficiency to your sales and purchase operations.
Category: B2B News

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