Top 5 Best enterprise resource

Introduction

Enterprise resource planning has been the forefront in providing efficiency and productivity solution to the companies all over the world. In the global and competitive environment, it is essential for companies to have some sort of ERP in place. Moreover, Enterprise resource planning ensures that deployment of resources take place, and company can monitor them on a real-time basis.

Top 5 ERP Solutions Providers Top 5 Best enterprise resource

The top 5 ERP Solution providers not in a particular order are Epicor, Infor, Microsoft, Oracle and SAP.

1. Epicor: This company has been in the enterprise solution market for a very long time. The company was founded in 1972 and since then it has introduced several reputable products. The company has over 20,000 customers all over the world at present about 140 countries. In last decade or so and after some critical acquisition, company has achieved high growth. However, Company has a good value added reseller channel and provides strong industry solutions. One key success factor to the company is its pool of ERP consultants. Products offered by the company are low to moderately price.
2. Infor: This company is 3rd largest player on the ERP market. Moreover, The company was founded in 2002. The company has introduced enterprise software for financial systems, supply-chain management and customer relationship management. The company has more than 70,000 customers all over the world. The company is known to provide vertical ERP solutions and boast key strength in manufacturing solutions. It provides ERP solutions for complex and non-continuous manufacturing. The products sold by the company are low to moderately price.

Cont

1. Microsoft: This company has a very strong presence in the Small Medium Business segment and in the mid-market. Microsoft has over 83,000 world- wide customers. Microsoft has a very strong channel network to handle ERP products. Microsoft ERP products are only sold through Value Added Re-seller only. This raises question over its strategy around ERP products. The products sold are low to moderately price.
2. Oracle: This company is 2nd largest player on the ERP market and the current number 1 in the CRM market. The company has over 30 years of proven record on the ERP market. However, The products offered by the company have a very flexible module, therefore, open to much customization. The products offered by the company are in the high-price band.
3. SAP: This company is the largest player in the ERP market. Their name has been synonymous with ERP products. The company is the pioneer in the ERP market. Moreover, The products offered by the company are in the high-price band.

Small Business Market Leaders

The small business market is dominated by the Microsoft ERP products. Since 2000, the company has acquired a string of companies, which has added to value to its ERP portfolio.

Middle Market Leaders

Epicor and Infor both are strong players in the middle market. Epicor is very robust in financial services, hospitality, retail, etc. sectors.

Global Companies and Large Enterprise

SAP is the world leader in this market because it provides superb accounting solution software, which tightly integrated all major departments throughout the company. Oracle through acquisition of PeoplSoft has emerged a strong force in ERP market.

The best ERP systems in 2023

1. SAP

SAP is one of the best ERP systems in the world for large companies. It offers solutions to ease data processing and the flow of information between departments and even between organizations.

However, SAP has a “continuous innovation strategy” approach that helps businesses grow without limits, or, at least, without the limitations that are often imposed by an ERP system.

We won’t dive too deep into SAP since we already have an article that covers everything you need to know to understand what SAP is and why this system is so popular.

2. NetSuite (by Oracle)

Netsuite was one of the pioneers in the cloud computing revolution, being the first SaaS company in the world. Today, NetSuite belongs to Oracle and offers one of the best ERP systems for omnichannel companies all over the world.

Moreover, Modules can be added to Netsuite to expand the functionalities of the ERP system, without compromising the deployment speed or the usability of the software system.

3. Sage

Sage is a British multinational business software company dedicated to offering an ERP system. Together with SAP and Netsuite, Sage is one of the most popular choices available.

Some of the competitive advantages of Sage are its usability, its level of customization (depending on size, industry or type of need), its short implementation time and its automatic back-ups that reduce the cost of data storage and reconciliation.

4. Infor

Infor is a multinational SaaS company. Originally, Infor was created as an ERP system for finance and resource planning, supply chain management and customer service. Nowadays, Infor has also developed specific solutions for different industries and an easy-to-use interface.

Moreover, Infor is best suited for manufacturing companies since those were the original users of the platform at the beginning, but it still offers great tools and systems for other types of businesses as well.

Infor drives productivity by speeding up mainly production processes and fixing issues quickly. As a bonus point, Infor has a user-friendly interface that is consistent and highly effective.

5. Syspro

Syspro is a leading global ERP specialized in key manufacturing and distribution industries.

However, Syspro stands out from other ERP systems because of its focus on the manufacturing and distribution sectors and its approach to technology. This makes Syspro the perfect choice for businesses that manage production, but it can be adapted to multiple sectors and business types.

6. Microsoft Dynamics GP

MS Dynamics is a growing ERP by Microsoft. Microsoft Dynamics, which can function in conjunction with other systems, can be used to convert customer information into a source of sales, improve your marketing strategy and customer relations, personalize and optimize customer service, streamline finance-related tasks and adapt and speed up the supply chain of the company.

Microsoft prioritizes customization, usability and lower costs with this ERP system by, for example, allowing companies to customize the platform with simple codes.

7. IFS

The IFS ERP system is one of the best options for managing and strengthening business operations.

However, IFS is designed to drive business efficiency, reduce unnecessary costs and provide insights, all in a single platform.

This can be achieved through task automation and limiting the number of tools needed to carry out different processes, thereby minimizing integrations and the use of third-party tools.

8. Acumatica

Acumatica is an ERP system that works in the cloud and aims to improve business efficiency thanks to a user-friendly interface, cross-module workflows, responsiveness, high adaptability through low-coding or no-coding and the possibility to add or reduce the number of functionalities in the system as required for your business.

9. Odoo ERP

Odoo is also one of the best ERP systems in the market thanks to its functionalities and its top-notch user experience.

However, Odoo is designed to promote compatibility with other software, centralizing different processes in a single platform that is accessible from any device. This software system is also open-source, which means that it is highly adaptable to the necessities of every business and industry. Top 5 Best enterprise resource

10. ERPNext

ERPNext is an ERP system that offers a free version, which geared toward smaller companies, and ERPNext for Enterprise, which is for larger companies.

The Enterprise version includes a warranty for replicable bugs, aid during implementation, devOps support (installation, custom configuration on your servers, etc.). However, developer support for customizations and functional support to help you manage your configurations, permissions, workflows, notifications and module configurations.

ERPNext for Enterprise also comes with additional DB functionalities that will help larger companies to ingest their considerable data volume on a regular basis with ease.

11. Dolibarr

Dolibarr is an open-source ERP system that designed with one principle in mind, and that’s simplicity —in terms of the development, installation and use of the ERP.

However, Dolibarr offers a multi-user system that includes its own permission system (with several levels for each feature). And an interface that can be customized through themes. Top 5 Best enterprise resource

12. Katana

Katana is a manufacturing ERP that prioritizes usability and functionality, offering a platform that is powerful and easy to use.

This ERP system is constantly evolving and adding new functionalities based on customers’ demands. In this way, Katana scales with your business. However, Its end-to-end platform can be integrated with popular. ECommerce platforms, accounting and reporting tools, and even allows you to create custom workflows with Katana’s open API to better define your processes. Top 5 Best enterprise resource