Enterprise Resource Planning (ERP) Systems
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Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.
SAP S/4HANA Cloud is a modular cloud ERP software designed for every business need – powered by AI and analytics. SAP S/4HANA Cloud enables users to run mission-critical operations in real time from anywhere, introduce new business models in an industry, and expand globally. It can…
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
Sage Intacct is a cloud ERP system targeted at high-growth small and medium-sized businesses. Intacct includes applications for core financials and accounting, purchasing, order management, and financial reporting and business intelligence. It also integrates with 3rd party software…
Viewpoint’s Vista is a construction accounting software. Vista’s core accounting features include accounts receivable and payable, general ledger, payroll and time management, and cash management. It also provides tools for document management, including document templates and reporting.…
Viewpoint Spectrum is a cloud-based construction ERP suite with project management, accounting, resource management, and reporting and analytics. Key features include workflow automation and collaboration tools, document imaging and sharing, cost estimating tools, and RFI management…
Red Falcon is an integrated business management system and eCommerce platform, designed to make the supplier ordering process simpler with integrations that allow users to submit accurate orders electronically, receive acknowledgments, and manage complex jobs. The software automatically…
SAP Business ByDesign is SAP's cloud ERP suite offering, launched in 2007, designed for the SMB market. The product includes a broad range of capabilities including financials, human resources, sales, procurement, customer service, and supply chain. Business ByDesign is a new platform,…
Epicor Kinetic (the name of the former Epicor ERP) presents a wide feature breadth, customizability, and scalability, typical product-centric cloud ERP offerings. It is meant as a single, end-to-end software solution for businesses, and is available on-premise, hosted, or in the…
QAD Adaptive ERP supports the core business processes and operations of global manufacturers, reducing the number of required add-ons and thereby lowering software costs. The platform is presented as ideal for medium to large-sized companies.
QAD Adaptive ERP focuses on the six industries…
SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
Deacom, an ECI Software Solution, is an ERP platform with a wide range of capabilities designed for growing batch and process manufacturers. It helps to reduce the burden caused by multi-system complexities and avoid the manual workarounds that plague traditional ERP implementations…
Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) a…
Distribution One's software suite is an information management system designed specifically for wholesalers and distributors. It includes: Order Entry, Financial Management, CRM, Inventory Control, Warehouse Automation, VMI, Lot Control, Point of Sale, General Ledger, Purchasing,…
10X ERP is an enterprise resource planning (ERP) software solution for distributors. The company's mission is to use modern technologies to build a user-friendly, and customer-centric ERP for the innovative distributor through focus on continual partnership with clients.
Worklair is a solution for agencies, service, and product businesses that wants to take full accountability and governance over all operations in the organization. It aims to house all necessary tools in one solution which includes essential features:
- Tasks management
- Time tracking and plannin…
With 10,000+ users Flectra is a fast growing open source ERP and CRM software. It aims to be an open source business app suite. The vendor says Flextra is a flexible, feature-rich, and cost-effective open source ERP system with modular…
Sparkrock’s cloud-enabled solution helps organizations manage their finance and accounting, human resources and payroll, human services case management, and donor and fundraising activities.
According to the vendor, key benefits and features include:
- Finance Management with capabilities to help organizations increase transparen…
According to the vendor, CSOne is a customer relationship management (CRM) software specifically designed for field service operations across various industries. The primary objective of this product is to enhance operational efficiency and profitability. It accomplishes this by seamlessly integrating field service data, reducing paper waste through e-signatures and mobile devices, providing visual representations of technicians' schedules and progress, improving first-time fix rates, promptl…
Sage 100 (or Sage 100cloud is a business management software offering a broad range of modules designed to meet the many needs of virtually any business. It encompasses financial operations and accounting, payroll, business intelligence, CRM, eBusiness, manufacturing and distribution.…
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Learn More About Enterprise Resource Planning (ERP) Systems
What are ERP Systems?
Enterprise Resource Planning (ERP) systems are platforms that handles all the resources required to make, ship, and account for customer orders. It does this by integrating all the information flowing through the various departments of a large complex organization.
ERP traditionally involved many different processes, such as manufacturing, supply chain, and accounting. ERP systems have also expanded beyond their original business functions to include newer functional areas like Business Intelligence (BI), CRM and Marketing Automation, and eCommerce. As a result, modern ERP can benefit a broader range of companies than the traditional manufacturing-centric users.
The entire data flow across these functions is enabled by a central database that manages the data flow. All functions see and operate with the same data. This unified view of a business’s data mitigates discrepancies across departments and business units and makes financial processes more efficient.. For example, adopting an ERP system can streamline accounting and financial reporting and resource planning.
ERP Features & Capabilities
ERP systems have a very broad range of capabilities, including:
- Accounting
- Inventory Management
- Payroll Management
- Reporting and Analytics
- Project Financial Management Procurement
- Risk Management
- Logistics
- Manufacturing
- Supply Chain Management
- Product Lifecycle Management
Cloud-based ERP Systems
Traditional ERP systems are complex, expensive proprietary products. They usually require consultants to implement them according to a company’s specific requirements and are long, expensive processes.
Many ERP offerings are now available in a SaaS (software as a service) model through the cloud. SaaS ERP products outsource most or all of the IT burden and maintenance costs to the software provider and off of the business using the system. Cloud-based ERP also make updates and upgrades easier to implement and deploy.
Cloud ERP is a more accessible option than on-premise ERP for many SMBs. For smaller companies, the total cost-of-ownership of a cloud-based system is likely to be lower than for on-premise software.
ERP Systems Comparison
To compare different enterprise resource planning systems, consider these factors:
- Deployments: Are the ERP systems deployed on-premise, or in the cloud? On-premise software usually requires more in-house IT personnel to manage and maintain the system. On the other hand, SaaS ERP products may limit your in-house customization and require more assistance from the software vendor for long-term support and upgrades.
- Cost: Evaluating the financial impact of an ERP system requires looking at the total cost of ownership, rather than just the price tag. To gauge the total costs of the system, consider both the direct purchase cost alongside the in-house IT costs and resources spent, or not spent, on the system. Also compare the functions that are included in each product’s base package and what functionalities are add-ons that cost extra.
- Accessibility for non-IT users: While ERP systems have made strides in usability among line of business users, there is still wide variation between products’ accessibility. To best gauge ERP software’s usability for non-coders, look for review feedback from non-IT specialists.
Pricing Information
There is such a variety of products in this category that pricing varies widely. Many products, particularly cloud-based ERP, are priced per user with some base per/month cost for the software itself. Costs per user can be around $7,500, but are usually customized to each deployment.
One major factor is whether to deploy an on-premise or a cloud-based system. Over the course of a year, subscription fees for a cloud-based system are typically about 20 to 30 percent of the cost of a similar system’s perpetual license. Additionally, an on-premise deployment will incur support and maintenance costs which are between 10% and 20% of the original licensing fee.
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Frequently Asked Questions
What is ERP software?
Who uses ERP systems?
What are the core features of ERP software?
How much does ERP software cost?
What are the different types of ERP?
There are some ERP products tailored to specific verticals, such as manufacturing or construction. There are also 3 types of ERP deployments: on-premise, in the cloud, and as SaaS.