- Posted On: Apr 02
- Posted By: John Duff
10 Best ERP Software Vendors for Your Business In 2019
A large organization traditionally adopts ERP software because of its advanced features and easy-to-use interfaces. In recent years, both small and medium-sized businesses (SMBs) also began embracing these tools to run their day-to-day tasks. Panorama’s Report says that almost 81% of firms are either implementing ERP or have finished the implementation process. If you are not one among them, you should start using this major software to stay ahead in the market. Take a look at the reasons cited below on why to buy an ERP system.
Top Reasons to Buy ERP Software:
- ERP software allows teams to unite their tools into a single system. This decrease in the number of software will significantly cut the monthly burden.
- It lets all sectors of the firm to gather in one platform and plan or track market events. As all the business data is now open for team review, it enables discussion among the members.
- Team members can work independently of one another, share effortlessly, compare notes, and help everyone move toward the desired sales goal.
- ERP systems allow teams to store plans, manuals, and statistics of each process in a single searchable place.
- It gives inventory tracking and analysis tools which allows the firm to run leaner. With reduced inventory size, firms can repurpose their storage space efficiently and cut down staff costs.
Now, you know the value of the right ERP software for your business. But to pick the best one, you may have to gaze through hundreds of vendors offering high hopes. Also, as it affects the growth of the entire team, you can’t just go for the latest trends. So, to help you in this area, we listed the ten best ERP software vendors to watch in 2019. This article contains a high-level overview of what you get after implementing that particular ERP software. Therefore, take a look at it before spending on any arbitrary ERP system.
SAP Business ByDesign
SAP Business ByDesign is a cloud-based, software as a service (SaaS) enterprise resource planning (ERP) system which is created explicitly for mid-sized firms. This system is capable of unifying every function across many units of the company. The solution supports human resources management, financials, CRM, supply chain management, supplier relationship management, project management, executive management dashboards, inventory and in-depth analytics, and compliance management in one suite. This software helps industries such as wholesale distribution, manufacturing, project and commercial services.
Oracle NetSuite is a cloud-based system that offers an all-in-one ERP solution which addresses the needs of a wide range of industries. This suite provides proven financial management and ERP that can easily blend with the firm’s broader service and sales means. NetSuite ERP gives the visibility you need to make better choices quickly. With built-in reporting, business intelligence, and real-time clarity, this system helps firms of various sizes to cut IT costs, reduce operational inefficiencies, and unleash growth.
Infor VISUAL presents end-to-end functionality for manufacturing firms who are looking for a complete solution that helps them in the entire operational lifecycle, including planning, creation, sourcing, and delivery. The solution helps high-level applications to handle MES, MRP, HR, supply chain management, customer management, financials, and reporting. Infor VISUAL aids the manufacturers in many industries such as aerospace, automotive, industrial equipment, electronics, medical devices and more to consistently produce profitable results.
Deltek Vision is a cloud-based and project-based solution for professional services firms that unify resource management, project management, time/expense management, client management, and project accounting in one product. This web-based solution helps the firms to manage all their aspects of financials including budgeting, AP, AR, and revenue recognition with the provision for multi-company and multi-currency. Deltek Vision is useful for professional services firms such as market research, architecture & engineering, and management & IT consulting. Also, this solution also offers mobile applications and tablet-friendly interfaces for iOS, Android and Windows-based devices.
Epicor is an extensive suite of ERP solution for manufacturers, retailers, distributors, and service providers. It helps the companies of all sizes and gives better visibility into the supply chain and global business means. Plus, Epicor ERP offers various functionality, including inventory control, accounting, pre-production materials planning and manufacturing execution. So, you can opt for this system to build a more data-driven firm. Also, it helps to raise the bar for quality and compliance, and raise productivity and collaboration within the team.
Rootstock is a cloud ERP software for manufacturers, distributors, and supply chain managers. It lets them build scalable operations, and offer personalized client experiences. It enables firms to take a customer-centric and project-oriented view of methods across a suite of modules such as manufacturing, services, order management, financial management, and supply chain. Rootstock is built on the Salesforce Cloud Platform and shares the same cloud as Salesforce CRM. Also, when merged with Salesforce CRM, the Rootstock Cloud ERP gives a single platform to grow as well as manage the business with a unique customer view.
ECi Software Solutions, a leading cloud-based business management solutions, offers a cloud-based ERP solution for SMBs with a full suite of configurable and flexible systems. ECi’s ERP solutions make accounting, service dispatch, contract management, monitoring, inventory, and purchasing easier with various traits. ECi offers ERP solutions such as M1, JobBOSS, Macola 10, MarkSystems, and more for manufacturing, distribution, building, construction, and field services.
Microsoft Dynamics 365
Microsoft Dynamics is a line of flexible business management solutions that help people to make decisions with more confidence. This Dynamics 365 solution allows firms to automate and streamline field service, customer relation, financial, and supply chain methods. Also, it lets them drive more sales, track leads, and boost business operations using apps from the cloud. It offers mobile apps for iOS, Android, and windows phone. The firms can also blend with applications such as Lync, SharePoint, Outlook, OneNote, Word, and other Microsoft apps to reduce redundancy and save time.
Shoptech E2 MFG System
Shoptech Software offers best-in-class manufacturing software for any shop. Shoptech’s E2 MFG System is one such ERP system which is fully integrated and created for manufacturers of various sizes. Its feature set includes job Gantt charts, whiteboard visual scheduling, work queue dispatching, customer relationship management (CRM), key performance indicator (KPI) dashboards, product configurator, EDI, MRP, and material forecasting, and quality control management. It also aids the organizations in warehouse management, inventory control, financials, business intelligence, cost reporting, quoting, estimating, and shop floor data entry.
OptiProERP is a unique cloud-based ERP solution built for small and midsize manufacturers. This solution is a Windows-based on-premise system that comes with high-end security. OptiProERP is different from other ERP providers as it handles various unit of measurement in a standard data module. Its regular ERP routing module tracks materials, time, tools, workers, and machines used in production. Key points of this solution include supply chain management (SCM), work orders, scheduling, purchasing, and quality support.
Over to You
Although firms of every size are eager to reap the profits of ERP software, buying or implementing the right system is one of the most complex tasks to take on. Panorama’s Report on ERP systems states that 14% of companies are still in the process of choosing software. Also, we know that almost half of the ERP implementations fail at the first time even after investing time and money on it. So, if you don’t want to be a part of this ERP failure rate, test the high-quality ERP systems specified above and pick the one that best suits your market needs.