ERP is the abbreviation for enterprise resource planning. ERP software helps enterprises to use integrated solutions for business management and to automate the functions of departments such as IT, services, and HR. ERP software also serves to integrate the functions of manufacturing, development, product planning, sales, and marketing. It is used by large corporations to customize and analyze business data, and to deploy and upgrade their processes successfully.Show more Small companies can complete all this with a simple ERP that is suitable for their specific industry. Of late, two-tier ERP, social ERP, cloud ERP, and mobile ERP are becoming popular. For the sake of exploring ERP functions, consider checking the top apps in this category, most of all NetSuite ERP which our experts rated as the best one. Show less
To devise this list of best ERP Software we have evaluated 433 various systems currently present on the market, studying their features, how easy are they are to learn, client support, offered integrations and mobile device support using our exclusive SmartScoreTM rating system. This ranking has been developed by Nestor Gilbert, our software authority responsible for the ERP Software category.
CloudRank™ system is a unique algorithm that our research team uses to evaluate ERP Software solutions in a detailed and accurate way. The Spring 2022 edition of the ranking was prepared by Nestor Gilbert, our leading expert in the field of ERP Software, who has authored 1380+ product reviews in this category. The goal of CloudRank™ is to present an unbiased, multi-layered perspective on ERP Software, considering a wide range of metrics and factors, and educating potential customers about both opportunities and challenges associated with each piece of software.
In order to achieve full objectivity the position in our CloudRank™ is based on:
We’ve calculated a score for each product based on the average experience shared by our users in their product reviews and arranged the list in three tiers. You can see the methodology below on how the calculations were made.
Regardless of their tier, all products included in our CloudRank™ are popular, quality products considered top-performers by our team of experts. Make sure you read a more detailed review of each solution to find one that will work best for your specific needs and budget.
Show lessMARKET POSITION
A score between 1 and 10 based on popularity and market reach of each product.
TOTAL score
A score between 1 and 10 based on the average of our Expert Score and User Score.
Market Position
A score between 1 and 10 based on popularity and market reach of each product.
Total Score
A score between 1 and 10 based on the average of our Expert Score and User Score.
CloudRank™ tier
Based on product's total score.
Rising Star
Contender
Front Runners
Here is a list of all 25 ERP Software solutions evaluated with our CloudRank™ analysis. We have compared their features, user satisfaction, market presence and other key factors in an in-depth analysis you can find below:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
No. of employees:
Our report covered 25 most popular products from the ERP Software category. We’ve analyzed their features, performance, integration, customer support, pricing, and several other key buying factors and combined it with feedback from user reviews to come up with the current list of best solutions:
Sage Intacct is this year’s leader in our ERP Software CloudRank, taking over competitors such as NetSuite ERP and Method:CRM. It is recognized as one of the most innovative solutions in cloud financial management by employing cloud computing to finance and accounting. As part of the Sage Group, SaaS consumers can expect a robust performance and excellent customer support from this software.
This software is the largest supplier to small businesses with more than 6 million customers worldwide and is recognized by the American Institute of Certified Public Accountants as their top provider of financial-related applications to CPAs. One of the advantages of working with a cloud-based Software-as-a-Service (SaaS) app is that they normally don’t have version numbers. Since there is only one codebase remaining fully controlled by the vendor, there’s no need to wait for updates and bug fixes. So whatever version you presently have, it’s the most current available in the market.
Sage Intacct has a clean and simple interface that can be easily navigated by those who are already familiar with the dashboards of other accounting software. Moreover, it can be customized to its users’ preferences, eliminating time-wasting systems and boosting productivity. Its cost is highly scalable, with pricing that starts at $400.
Most users of ERP Software solutions confirm that in most cases these tools allow them to reach the following business goals:
The Spring 2022 version of the report includes a total of 25 ERP Software products that were compared and analyzed by our team. We selected them based on the following factors:
Monitoring, analyzing, and plotting out resource pipelines across enterprise-level organizations is barely possible without technological assistance, and modern businesses have increased demand for data storage, processing, and analysis capabilities. An ongoing trend in ERP—one that technically has never ceased since the inception of the industry—is the application of more AI, intelligent technology, and increasingly powerful analytics. Expect iERP (intelligent ERP) and AI-based ERP features to become more common, given the need for them when crunching Big Data.
Source: Accenture.com
ERP isn’t exactly something one expects to be able to do completely from a device that fits in one’s pocket, but with smartphones becoming increasingly powerful and software technology also becoming increasingly portable—think responsive design and apps—in the next few years ERP mobile apps will offer full features as not only an extension of the desktop app, but a clone of it. And along with more mobile support comes more personalization possibilities: one-size-fits-all ERP solutions will become less and less common.
Panorama ERP Report
Avant-garde technologies pave the way
With ERP adoption continuing to increase (think $47 billion in revenues by 2022), the bleeding edge of technologies will continue to pervade ERP SaaS providers—from machine learning to Internet of Things. Expect your company, your competitors, and everyone who needs to keep abreast of technological developments for modern businesses to be delving deeper and deeper into these advanced technologies to better guide their ERP.
Regardless of the size of the business, every entrepreneur would agree that the most critical aspect of every corporate decision is the financial one because numbers exhibit best the quality of the operations, both the internal and external satisfaction of participants in the business process, and the productivity drivers that deserve the most attention. Helping a company deal with these challenges online is exactly what every ERP system specializes in: it uses what you have in a smart way, leading to the desired results using minimal time and effort.
These programs are in fact enterprise resource planners that can offer a multitude of benefits for process manufacturing firms. ERP software for enterprises calculates returns on investment better than any manual process can do, automate vital phases of complex workflows, and develop real-time business expectations based on the quality of your past and current performance. As there are thousands of ERP software platforms available in the market, it can be a hard task to select a suitable one for your needs. This buyer’s guide aims to help you out by listing the main features to look for in the best ERP software.
It’s always a good idea to start your research for ERP tools by testing a fair number of free trials or demo and basic unpaid plans from reliable ERP software providers. It will save you some time and money because you will be able to experience all the important features firsthand to get a comparison and identify any possible issues. You will also understand what is ERP software better. The best thing to do is to try services that currently have the highest rankings in the SmartScore and Customer Satisfaction Rating in our ERP tools reviews: Intacct reviews, NetSuite ERP, NetSuite OneWorld, and Brightpearl.
ERP software is welcome to any business trying to plan and manage resources in an adequate manner or to reestablish control over customers. Generally speaking, the businesses that qualify as potential ERP users are the following:
After in-depth comparisons, we found that ERP tools are fairly different from each other, mostly in terms of their features and the final beneficiaries. Still, they can be divided into three basic groups:
The ultimate goal of every ERP system is to streamline business processes and gain real-time data that can be used for a variety of purposes. Therefore, every solid ERP system should include a list of vital functions:
It is not odd for small/mid-size businesses to refuse ERP software, believing that they still haven’t reached the state of inventory chaos that would require one. While this may sound as a cost-efficient solution at the beginning, companies underestimate the importance of the “better safe than sorry” slogan and the fact that the “chaos” is much scarier once it has actually happened.
So, why would you implement an ERP system?
Order by:
Infrastructure plays an important role in a SaaS system. If there is an outage, you would not be able to access the system. So, you should pay good attention to the program’s infrastructure when evaluating SaaS providers.
Many companies fail to ask their shortlisted SaaS providers questions about disaster recovery, service level agreements (SLAs), and security. These are key infrastructure factors that need careful consideration when analyzing a provider.
SaaS is straightforward to subscribe to. All you need to do is go the website and purchase a suitable plan for the required number of users. For this reason, many firms pay attention only to the rate of the system and not to infrastructure considerations. They may also think that careful evaluation is not needed since it is so easy to get started quickly.
But you need to be ready for situations as such as the SaaS provider going out of business or their website going down. You need to have contingency procedures in place to face these situations to ensure they do not have a harmful effect on your business. It is easy to subscribe to a SaaS product, but think about the effect on your company if the solution is withdrawn by the vendor.
The best ERP software is NetSuite ERP, a scalable, cloud-based solution designed for businesses of different sizes. The platform brings together mission-critical business processes across departments including billing, inventory management, revenue management, financial management, order management, and fixed assets management. This way, it gives you complete visibility of your businesses and enables you to manage every operation in real-time
Additionally, NetSuite ERP has a built-in business intelligence engine. It pulls data from different sources and blends it with visual analytics to deliver actionable insights to help you make smarter, faster decisions. Even better, the platform is customizable and scalable, hence you can add functionality as called for by company growth.
At the most basic level, ERP software integrates various business functions into a single system to automate and streamline vital processes. In doing so, it delivers a number of benefits, including the following:
To streamline business processes, ERP software should include the following functions:
ERP software solutions handle multiple business functions which means they can be difficult to use. Fortunately, technological advancement has opened the door for the creation of ERP solutions that are easy to use. Here are three solutions that are super easy to use:
Many ERP solutions on the market cost a premium and it makes sense because of the complex and critical nature of the processes they handle. However, this doesn’t mean you cannot find a free ERP software. One of the best options on the market right now is Deskera.
The Deskera free plan is a decent option for startups and small businesses with small investments. It’s only available for a single user and it provides the basic accounting and reporting tools, but also imposes usage limitations. For example, with the free plan, you can only process 10 invoices and 10 bills/expenses.
Updated
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.