Top Best ERP Software For Businesses To Enhance Productivity

ERP software solutions have been increasingly gaining traction among businesses, both big and small, owing to its centralized approach to business processes. With it, you can collect, store, manage, and interpret data from various business units. Likewise, ERP automates back-office processes and streamline cross-departmental workflows. When optimized, the solution can drive efficiency, lower costs, and increase profitability.

However, there are still plenty of companies that have yet to invest in one primarily because they are unaware of what it can do as well as what to expect when implementing one. If you are one of these companies, well, you’re in luck. We have prepared an in-depth analysis of the features, types, and benefits that these ERP programs have to offer. Also, we’ll present how ERP systems are typically priced. Hence, you’ll have an idea of how it impacts your budget. We listed down some examples that you might want to consider as you browse for one for your company.

ERP used to be accessible only to large enterprises because of the costly hardware they require, like servers and multiple workstations, and dedicated teams to handle its complex deployment, upgrades, and maintenance. However, in Accenture’s 2019 ERP trends study, they predicted that SaaS ERP deployment has been accelerating as a mainstream delivery model with cloud vendors chipping away chunks of the market from legacy developers.

To help you get a better idea of what a good ERP tool is, we have listed down some of the leading software solutions. These platforms are known for their fully integrated interfaces, comprehensive feature sets, scalability, and easily configurable systems, so you can be sure that these are indeed the best of the best when it comes to ERP software.

Netsuite

Integrated ERP software NetSuite ERP is useful for fast-growing companies. The platform offers a scalable interface equipped with everything you need from financial management and inventory management to payment processing and vendor management. It is capable of automating a wide range of front- and back-office processes so that streamlining operations is much more simple. Moreover, it gives users robust reporting tools that offer actionable insights into your performance.

Scoro

Cloud-based business management software Scoro is a powerful solution designed for professional services businesses, primarily those in the consulting, IT, and advertising industries. The platform provides robust tools, including work scheduling and tracking, project management, financial management, quote management, CRM, reporting, and customization. Businesses leverage these tools to plan projects and team time usage, send invoices, build client relationships, and monitor results, from one integrated system.

Odoo

ERP software Odoo is unique because of its open-sourced, modular architecture. It provides you with best-in-class sales and project management functionalities to start. As your business grows, you can choose to extend the platform’s capabilities by choosing from their extensive selection of applications. They offer a variety of applications for MRP, POS, accounting, ecommerce, and other business processes. Moreover, the system is capable of seamlessly integrating with third-party applications so you can use your existing systems.

Sage Intacct

Cloud accounting software Sage Intacct is for small and medium businesses. This platform features ERP capabilities via integration, such as financial management, wholesale distribution, and retail management. Also, it comes with workflow management options that let you perform bank reconciliation, automated journal entries, and trial balance. Sage Intacct comes with a no-fuss interface that both novice and professional users can get the hang of in little to no time.

SYSPRO

Powerful ERP software SYSPRO is design specifically for companies in the manufacturing industry.  Interestingly, the solution has been providing ERP solutions to companies for over 40 years. It comes with robust tools for accounting, document planning, work order management, project management, as well as inventory control so that it is easier to keep all data in one place and manage all processes from one platform. It is also known for its use of BOT agents that are in charge of automating redundant processes and giving you fast support for all aspects of your operations.

Oracle ERP Cloud

Business management platform Oracle ERP Cloud is an end-to-end solution that provides users with an integrated system. It comes with financial planning features, risk management tools, project execution capabilities, as well as compliance monitoring options. Additionally, Oracle ERP Cloud also offers users a performance management module to help you gauge productivity within your enterprise. Also to pinpoint how to improve overall operations.

Microsoft Dynamics GP

Business management solution Microsoft Dynamics GP offers a robust set of features that tackle different functions. Its top-notch business intelligence feature that lets users get actionable insights on their ERP data. Another claim to fame of this particular platform is that it seamlessly integrates with third-party partners, both cloud-hosted and on-premise.

SAP ERP

SAP ERP designs Powerful ERP software SAP ERP is design by a prominent software provider, SAP ERP. Used by over 172,000 companies globally, this platform comes with supply chain management and customer relationship management functionalities. Moreover, it can integrate with various applications and modules for other business processes. Organizations can deploy SAP ERP on-premise, on the cloud, or as a hybrid model for your convenience