Top 10 ERP (Enterprise Resource Planning) Software With Buyer’s Guide

Top Rated ERP Software

ERP stands for Enterprise Resource Planning. ERP is a large scale software solution designed for businesses of any size and type. ERP systems are used to aid the flow of various processes between a business’s internal departments and external data and functions. Enterprise Resource Planning helps with the gaining of insights into a company’s real-time operations. ERP is a powerful strategy for a company to manage its costs, services, and production.

Enterprise Resource Planning software tracks a company’s resources, overhead and commitments for the company’s internal sectors and for the company as a whole. Employees can access the modules that they need in order to finish off with their tasks. Management, on the other hand, can access all the modules to both create and review data and reports. This modularity of the functions of the ERP Software helps in the protection of the security of the company.

These are some of the best ERP software available in the market:

1. NetSuite ERP

NetSuite-ERP-best-erp-software

» About NetSuite ERP:

NetSuite ERP combines financial management with built-in business intelligence to produce smarter and quicker decision-making. The order-to-cash process is performed quickly by tying sales, finance, and fulfilment to pricing, sales order management, and returns management. Real-time visibility into production management processes is a key feature. Managing end-to-end inventory and inbound/outbound logistics in real-time while minimizing the total cost of ownership is an important feature as well.

» NetSuite ERP Features:

  • CRM
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.2/5                                  » G2crowd: 3.9/5                                     » GetApp: 4.1/5


“It is a very powerful ERP, especially its purchasing and inventory management modules and make work much easier and efficient. It allows you to connect in any device in any network. Overall I've had a great experience with NetSuite and I wish more companies used it.”
- Efrain G. / Logistics Engineer

2. Sage Intacct

Sage-Intacct-best-erp-software

» About Sage Intacct:

With Sage Intacct, one can tap into deep accounting functionality. Sage Intacct automates core financial activities like procure-to-pay and order-to-cash that helps with better visibility of finances and operations. Choosing the modules (project accounting, subscription billing, sales, etc) a user needs is a key feature. Users can easily connect with Salesforce, configure the system as per requirements, and even build applications.

» Sage Intacct ERP Features:

  • Purchase Order Management
  • Financial Management
  • Inventory Management
  • Reporting/Analytics

» Capterra: 4.2/5                                  » G2crowd: 4.3/5                                     » GetApp: 4.1/5


“Compared to other solutions, Sage Intacct delivers far superior time-to-value, flexibility to integrate with our application ecosystem, and time-saving revenue recognition capabilities.”
- James Orsillo / CFO, Evariant

3. SAP ERP

SAP-ERP-best-erp-software

» About SAP ERP:

Streamlining of processes across procurement, manufacturing, service, sales, finance, and HR is what SAP ERP specializes in. SAP ERP is available for 25 industries, 37 languages, and 45 localizations, making it a widely used software. An on-premise deployment, Core process integration and automation, Real-time information and single source of truth are some of its key features.

» SAP ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.4/5                                  » G2crowd: 4/5                                     » GetApp: 4.3/5


“Implementation of SAP Bydesign across our companies means we have one system across all companies so reporting can be on a local or global level. The gold partner support is excellent and ongoing system improvements good.”
- Rhys S. / Sales Manager

4. Epicor ERP

Epicor-ERP-best-erp-software

» About Epicor ERP:

Ease of user adoption with a clean, modern interface, and tools to make everyone’s job easier are the best features of Epicor ERP. With Epicor ERP, the user can make profitable decisions with insights to maximize revenue. You can also discover new ways to collaborate, innovate, and automate. This system helps in keeping pace with technology in the age of Industry 4.0 Customer relationship management, planning & scheduling, human capital management, financial management, governance risk compliance are some of its most important features.

» Epicor ERP ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4/5                                  » G2crowd: 3.7/5                                     » GetApp: 4/5


“Epicor has cut time out of going to multiple places to find multiple things. The more that we're able to integrate into Epicor, the more that we're able to use the software itself to do what we need to do-it's all in one place, and it saves a tremendous amount of time by being able to go there, click, and get the information you need.”
- Jack Barnes / product manager | Philadelphia Mixing Solutions

5. Acumatica Cloud ERP

Acumatica-Cloud-ERP-best-erp-software

» About Acumatica Cloud ERP:

With Acumatica’s flexible licensing plans, the user pays only for the computing power that he/she uses. Some of the key features are that you can add capabilities as your business grows; you can pay as you use it, no prepaid payment is required and you can also add users without buying additional license. Deployment options that work on the schedule, real-time insights, and multiple complementary solutions that integrate with Acumatica, the user can easily extend the solution to add specialized capabilities.

» Starting Price

$13000.00/year (Financial Mgt SaaS starts at 13K/yr. & on-premise is $26K+maintenance.)

» Acumatica Cloud ERP ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.4/5                                  » G2crowd: 4.3/5                                     » GetApp: 4.3/5


“We searched for a provider that was built for the cloud and selected Acumatica TRUE Cloud ERP. Now we can be seamless by using CRM and the Mobile App, all departments in Security Solutions — locksmith, retail, service, sales, inspections, testing — have instant access to information, helping to speed business and lets us focus on what we do best, which is to design, implement, execute security solutions that provide peace of mind.”
- Jamie Vos / Owner, Security Solutions

6. SYSPRO ERP

SYSPRO-ERP-best-erp-software

» About SYSPRO ERP:

SYSPRO ERP Software allows manufacturers to plan, execute, and control production. A manufacturing ERP solution provides optimum financial management and a faster return on investment. This software provides the technology needed to effectively manage an end-to-end supply chain. Users can manage financials, optimize inventory and improve profitability.

» SYSPRO ERP ERP Features:

  • CRM
  • Enterprise Asset Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.2/5                                  » G2crowd: 4.2/5                                     » GetApp: 4.1/5


“The best thing about Syspro is that it allows your company to be itself. The program is rigid enough to ensure that all best business practices are covered and yet the range of customization available is amazing. Syspro really allows itself to be tailored to the way you run your business without a ton of workarounds. Custom form fields and an intuitive collaboration with crystal reports open the doors to make it your own.”
- Jaime d / System Analyst

7. Odoo

Odoo-best-erp-software

» About Odoo:

Odoo ERP software excels at boosting sales, integrating services like the project, timesheet, helpdesk and streamlining operations like inventory, MRP (maximum retail pricing), purchase. Managing finance, building stunning websites and growth of marketing reach are some of its additional capabilities. Odoo ERP software is one of the best software available in the market to help an organization work efficiently and manage all the resources available in a structured manner.

» Starting Price

$20.00/month/user (Contact Odoo for pricing details.)

» Odoo ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.2/5                                  » G2crowd: 4.1/5                                     » GetApp: 4.1/5


“Great ERP and the Cheapest of them all. It is very easy to use, you can see that the uSer Interface is done to be used by anyone, it is easy to setup, and in Timing against others, it is Awesome.”
- Henry Carlos Benjamin G. / IT Manager

8. Tally.ERP 9

Tally-ERP-9-best-erp-software

» About Tally.ERP 9:

With Tally, the user can manage multiple companies and incrementally add certain features (multiple go-downs, multi-currency, order process, cost centres, etc) that are necessary to the operation. Quick and hassle-free bills and payable management helps in managing payment timelines. Additionally, Tally leverages efficient and easy movement of stock, making it easier to efficiently optimize the cash flow. Tally’s Prevention, Detection and Correction mechanism ensures accuracy and also makes it possible for the user to ensure correct filing of returns.

» Starting Price

$8.57/month/user

» Tally.ERP 9 ERP Features:

  • CRM
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Inventory Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.4/5                                  » G2crowd: 4.4/5                                     » GetApp: 4.3/5


“Am been working with this software since 2014 and it's so easy to operate or accounting, everything is easy to calculate,, means everyday I can see profits and loss just by entering expenses, I even print cheque's through tally erp 9, after many years I can the details of the cheque's I issued. This is best software to any small or multinational companies.”
- Shashikala M. / Admin executive

9. Sage 100cloud

Sage-100cloud-best-erp-software

» About Sage 100cloud:

Sage 100cloud enables efficiencies, compliance, and growth. Flexible and customizable, it is built for manufacturing, services and distribution businesses. Its key features are streamlined automation and simple and accurate monthly bank reconciliations. It automatically detects unrecorded transactions, errors & differences, and record corrections. A software that is deployed for compliance purpose that keeps check on tax codes, government reporting, audit histories, and privacy and security. Sage 100cloud is one of a kind software that caters to a well-structured enterprise resource planning.

» Sage 100cloud ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4/5                                  » G2crowd: 3.6/5                                     » GetApp: 4/5


“Once we integrated Sage 100cloud with our other systems and improved the processes, we grew from 20 buildings to 41 operating buildings with 3 more under development. The return on investment was exponential”
- Andy Litton / Controller, Arbor Company

10. Skubana

Skubana-best-erp-software

» About Skubana:

Skubana is an ERP software that specializes in connecting and importing orders from every channel including online shopping carts, marketplaces, retailers, and point of sale systems. Viewing, managing, and synchronizing the entire inventory across all sales channels, warehouses, and FBA distribution centers is also its strong feature. It also has the capability of Orderbots, a specialty, that can work automatically. From rate-shopping in real-time and applying best shipping services, to automatically splitting and routing orders to the most optimal fulfilment centers, orderbots can do it all. Knowing accurate, net-bottom profitability of each product listing that accounts for all costs; Forecasting by using predictive analytics that reveals trends and predicting the occurrences of various events even before they happen, it can do it all.

» Starting Price

$499.00/month (Custom Pricing)

» Skubana ERP Features:

  • CRM
  • Enterprise Asset Management
  • HR Management
  • Order Management
  • Purchase Order Management
  • Supply Chain Management
  • Distribution Management
  • Financial Management
  • Inventory Management
  • Project Management
  • Reporting/Analytics
  • Warehouse Management

» Capterra: 4.8/5                                  » G2crowd: 4.6/5                                     » GetApp: 4.7/5


“We finally found a solution with Skubana. The way their system is organized follows better logic than the others and is highly customizable and automatable. Skubana is powerful enough to support our growth all the way to enterprise-level and we couldn’t be happier. All that said, the best thing about Skubana was their customer service.”
- Boldify

ERP Software Buyer’s Guide

Enterprise Resource Planning (ERP) is a business management technique that allows a company to work efficiently. It uses an integrated applications system to manage the business in a more systemized manner and it automates many office functions related to services, technology, and human resources. ERP is a influential strategy for a company to manage its costs, production and services.

» What is ERP (Enterprise Resource Planning) software?

The ERP software is designed to meet the needs of any business be it big or small. ERP systems are used to manage the flow of various processes between a business’s internal departments and functions as well as external data. The Enterprise Resource Planning uses predictive analytics to gain insights into a company’s real-time operations.  Employees can only access the sections of the modules they need in order to perform their tasks effectively. However, the centralized management can access all modules to both create and review data and reports and that’s how the admin rights are provided.

» What are the features of ERP Software?

Below mentioned are some of the Features of a ERP Software:

Integration: ERP software provides a fully-integrated platform through which one can analyze, monitor and conduct most of the data-driven tasks. ERP collects, stores and analyzes data across all departments. This ensures seamless communication within the organization.

Automation: Enterprise Resource Planning software automates tedious tasks like order entry, payroll, accounting, invoicing, reporting, etc. Automation cuts down on the hours the staff would spend on these processes, thus, allowing them to focus on more important tasks. Automating also reduces human error.

Data Analysis: ERP software finds trends and patterns in various processes. This enables users to introspect on the effective functioning of certain tasks and also helps them in providing forecasts for future decisions pertaining to the business. ERP analyses data of all business operations, including client data, production statistics, sales data and much more. Data analysis offers easy access to vital business data and helps in tracking productivity and efficiency.

Reporting: ERP reporting conveys analysis to an end-user. These tools often include customizable dashboards, pie charts, bar graphs, and other visual representations. Many systems also allow users to restrict access to reports, thus, protecting valuable company information. Additionally, it allows complete traceability, ensuring every error, inconsistency and the process can be traced, corrected and prevented.

Customer Relationship Management: With Enterprise Resource Planning software, one can design and implement comprehensive customer care solutions. Creation of campaigns, tracking of customers throughout the sales lifecycle and gauging customer satisfaction is one of the key features of an ERP.

Accounting: ERP systems help manage several processes like accounts payable, accounts receivable, fixed asset management, risk management, and tax management. There are many systems available that can also manage multiple currencies and tax regulations if the organization does business outside of the country on a daily basis.

Tracking and Visibility: Many ERP systems have the technology to track finished products and raw materials starting from the manufacture and ending at delivery. Since all the applications can send and receive information, tracking materials becomes a very simple process. This allows users to understand and foresee any sort of issues such as delays and stock outages that might create disturbances. ERP allows users to track information. ERP systems provide a wide range of high-end tools to track different sets of data and information.

» What are the benefits of ERP Software?

Focused IT Costs: Instead of spending resources on multiple systems like dedicated staff, infrastructure, support teams and licenses, the organization can focus all of these costs into one ERP. This lets the organization to use only the pieces that align to its needs.

Total Visibility: ERP software allows complete access to every important process in the business by making data from every department easily accessible. With this kind of complete visibility and transparency, monitoring workflow and inter-departmental processes becomes easy and getting cross functions to work coherently becomes a manageable task.

Improved Reporting and Planning: This software has the ability to analyze and compare functions across departments, without the tedious work of going through multiple spreadsheets and emails. These insights help in planning by identifying operational strengths and problem areas that need improvement.

Complete Customisation: Each Enterprise Resource Planning application is designed to be able to stand alone or integrate with a larger suite. In this way, the company can identify and choose which components work best and can discard the ones which are unnecessary. Another aspect of customization involves the method of implementation of the software that is – on-premise or through the cloud.

Improved Efficiency: Alongside reduced IT and training costs, an ERP can reduce the time and effort required by the workforce to carry out their daily activities. This, in turn, increases the efficiency of the operation of the organization.

Data Security and Quality: The best ERP solutions have intrinsic controls to ensure the security of data. What helps ERPs in maintaining a high level of data security is that they provide a single input system. Merging information from a number of systems more than often causes conflicts between sources. However, having a single repository of information helps improve the accuracy, consistency, and security of the organization’s data.

Standardized Business Processes: An ERP system allows businesses to standardize their own processes and systems, which further improves upon the productivity and efficiency. These processes deliver accurate and consistent results that allow the user to continually improve the operation of the organization. Since many processes are automated, errors and costs are greatly reduced.

Facilitated Regulatory Compliance: ERPs help with regulatory compliance by referring to secure and validated data, combined with built-in reports. These reports can be automated to reduce the cost of continual audits.

» What is the cost of ERP software?

The cost of the implementation of the software depends on the type, size, and location of the organization and the mode of deployment of the software.

For software implementation based on cloud, the pricing starts from $600 per month.

For on-premise implementation, the pricing starts from $12000 per month.

Based on the type of business, the costing of the best ERP software is as follows:

Small businesses: $10,000 - $150,000
Mid-sized businesses: $150,000 - $500,000
Large enterprises: $1 million - $10+ million

Most of the software provides a trial period after which the user has the choice to buy the particular software or opt for some other software.

» Conclusion

ERP software is a very crucial aspect of a company’s growth irrespective of the status of the company. One can purchase the software based on the needs and necessities of an organization. Regardless of a company’s needs and budget, the best ERP software is vital to the growth and progress of an organization.


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Frequently Asked Questions (FAQs)

What is ERP Software?

ERP software stands for enterprise resource planning. The software is an integrated suite of applications to manage business key operations. You can easily manage different business departments like accounting, sales, purchases, inventory, human resources, and many other departments through ERP software. You can easily streamline business workflows through ERP Software.

What are the main features of ERP software?

  • Finance & accounting
  • Sales management
  • Human resource management
  • Inventory management
  • CRM
  • Enterprise asset management
  • Warehouse management
  • Order management
  • Purchase order management
  • Reporting/analytics
  • Integration

What are the benefits of ERP software?

  • Improved efficiency
  • Improved business forecasting
  • Improved productivity
  • Enhanced collaboration
  • Complete visibility
  • Improved customer service
  • Advanced reporting
  • Mobility
  • Cost-effective

What are the most popular ERP applications?

  • NetSuite ERP
  • Sage Intacct
  • SAP ERP
  • Epicor ERP
  • Acumatica Cloud ERP
  • SYSPRO ERP
  • Odoo
  • Tally.ERP 9
  • Sage 100cloud
  • Skubana

How much does an ERP software cost?

The software can begin around $10.00/month to $64.00/month.