Best ERP Software Shortlist
Below are detailed summaries of the best ERP tools that I'll be covering in this article:
- NetSuite by Oracle - Best for growing teams
- Sage Intacct - Best for financial operations
- Genius ERP - Best for small businesses
- Epicor Kinetic - Best for industry-specific features
- SAP ERP - Best for multinational organizations
- TallyPrime - Best for nonprofits
- Microsoft Dynamics 365 Business Central - Best for integrations
- Infor - Best for complex supply chains
- IFS - Best for asset-intensive operations
- Odoo ERP - Best UX
- Acumatica - Best ERP software for cloud-based workflows
- ERPNext - Best open-source ERP software
Managing multiple workflows on multiple systems can be hard to juggle. ERP software can integrate all of your processes into one streamlined system, so you can increase efficiency. If you need a cross-organizational solution to manage operations across departments, ERP software can be a savior.
What is ERP software?
ERP software lets companies manage and integrate all their core business processes in one system, both on-premises and in the cloud. This can include finance and accounting, HR, inventory and supply chain management, sales and marketing, and customer relationship management.
The idea is to give businesses a comprehensive view of their operations and streamline their workflows so they can be more productive and make better decisions. ERP software usually comes with many different modules that can be customized to fit a business's specific needs, either by an internal team member or an ERP consultant.
Overviews of the 12 Best ERP Software
I’ve summarized the main selling points of each tool below. My evaluation primarily focuses on features like integrations and usability, which are essential for managing and integrating your core business processes. Additionally, I've included an assessment of the pros and cons of each tool, along with supporting screenshots of their user interface.
1. Netsuite by Oracle - Best for growing teams
Why I picked Netsuite
As someone who's familiar with ERP solutions, Netsuite stands out as an all-in-one platform that does everything from accounting to inventory management. I think it’s perfect for growing teams that need to scale their operations because it has a wide range of features and integrations that help businesses make smarter choices with their data.
Netsuite Standout Features and Integrations
Features that set Netsuite apart from competitors include SuiteCommerce, financial management, inventory management, and various supply chain tools that support your operational business systems. In addition, the CRM, e-commerce, project management, HRM tools, SuiteCloud platform, real-time reporting, and KPI tracking are great for managing a growing business and making decisions based on accurate data.
Integrations include Salesforce, Shopify, Avalara, Amazon Marketplace, eBay, Magento, PayPal, Square, Marketo, HubSpot, and more. Netsuite's API is a REST (Representational State Transfer) API.
Pricing
Pricing upon request
Free Trial
Free trial and free demo
Pros
- Comprehensive feature set that can support a wide range of business needs
- Strong financial management capabilities, including accounting, budgeting, and forecasting
- High-level security features to protect sensitive data
- Multi-currency and multi-language support for global businesses
- Wide range of integrations with third-party software and services
Cons
- Requires significant customization and configuration to meet specific business needs
- Limited options for user interface customization
- Limited mobile app functionality
2. Sage Intacct - Best for financial operations
Why I picked Sage Intacct
I was really impressed with Sage Intaact for how it helps simplify financial processes. It's got a bunch of great features like tools for accounts payable and receivable, billing, expense management, and financial reporting, which can all help businesses save time and reduce the risk of human error. What's more, it's versatile and can integrate with lots of other financial management tools.
Sage Intacct Standout Features and Integrations
Features that make Sage Intacct perfectly tailored for financial operations include easy-to-use accounts payable and receivable management, automated invoicing and payment reminders, customizable billing schedules, simplified expense management, and customizable reporting for financial performance insights.
Integrations are available with over 350 systems including Salesforce, ADP, Expensify, Bill.com, HubSpot, Stripe, Fortis, Concur, Prophix, Planful, and more. Sage Intacct also offers a REST API.
Price
Pricing upon request
Free Trial
Free live demo available
Pros
- Cloud-based
- Multi-entity management
- Wide range of automation features
- Modular customization approach
Cons
- Pricing details aren't transparent
- Lack of international customer support
- No mobile app
3. Genius ERP- Best for small businesses
Why I picked Genius ERP
I found that Genius ERP is a great option for small businesses looking for ERP software. Its modular design lets you customize it as much as you want, and it also has strong integration capabilities to connect with third-party applications and tools. Overall, Genius ERP is a standout option for small businesses that want an efficient, cost-effective, and easy-to-use solution.
Genius ERP Standout Features and Integrations
Features include a user-friendly interface that allows for easy navigation and connection to other applications like accounting or CRM tools that you might already be using. The modular design of the software lets you select the features you absolutely need, which can help cut down on costs. The software has real-time inventory tracking, letting you keep an eye on inventory. It also includes project management tools to help you stay on top of tasks and deadlines, and collect accurate data about your leads and projected sales.
Integrations include Salesforce, Shopify, QuickBooks, Microsoft Office, UPS, Zoho CRM, Autodesk, Avalara, Power BI, and more. Genius ERP also supports integrations with third-party applications via REST API.
Price
Pricing upon request
Free Trial
Free demo available
Pros
- Modular customization features
- Cloud-based
- Real-time inventory tracking
- Easy-to-use
Cons
- Limited options for budgeting and forecasting
- Lack of pricing transparency
4. Epicor Kinetic- Best for industry-specific features
Why I picked Epicor Kinetic
I decided to go with Epicor Kinetic for its reliable reporting and analytics features that provide insights tailored for businesses in a variety of industries. The cloud-based platform also has a user-friendly interface, real-time inventory tracking, project management tools, and CRM features, making it an ideal customizable ERP solution for businesses.
Epicor Kinetic Standout Features and Integrations
Features include industry-specific reporting and analytics capabilities, multi-lingual support, and customizable workflows. It also includes financial management tools, supply chain management tools, and project management tools. Epicor Kinetic is internet accessible and secure with data encryption and user permissions, ideal for remote work and multiple locations.
Integrations include Microsoft Office, Salesforce, Shopify, HubSpot, DocuSign, Amazon Web Services (AWS), Zendesk, Magento, SugarCRM, and Power BI. It also supports integration with various third-party applications through REST APIs and web services.
Price
Pricing upon request
Free Trial
Free demo available
Pros
- Mobile app
- Multi-currency and multi-company support
- Cloud-based
Cons
- Pricing details aren't transparent
- Heavy system requirements and potential for performance issues on older hardware
5. SAP ERP - Best for multinational organizations
Why I picked SAP ERP
SAP ERP is my top pick for multinational organizations, thanks to its advanced features like multi-currency support, global tax management, and real-time insights into business aspects. It’s also always up-to-date on the latest compliance standards, so you’re apprised of any global or national regulations.
SAP ERP Standout Features and Integrations
Features that make SAP ERP stand out from the competition include reliable multi-currency and multi-language capabilities, real-time access to overseas financial and operational data, and advanced supply chain management tools that ensure timely and efficient delivery of goods, crucial for highly regulated industries.
Integrations include pre-built and native connectors with other SAP products such as SAP Business Warehouse, SAP CRM, SAP Supplier Relationship Management, SAP SuccessFactors, and SAP S/4HANA. Additionally, SAP ERP can integrate with other third-party software through its open API.
Price
From $56/user/month
Free Trial
Free demo available
Pros
- Real-time data
- Advanced security features
- Multi-language and multi-currency support
Cons
- Customization can be time-consuming and expensive
- Vendor lock-in
6. TallyPrime - Best for nonprofits
Why I picked TallyPrime
After reviewing TallyPrime’s ERP services, I would highly recommend this platform for nonprofits on a tight budget looking for a reliable and cost-effective ERP solution. TallyPrime is a reliable and user-friendly ERP solution that provides affordable pricing and an intuitive design, making it accessible for non-technical users who may not have a dedicated IT team.
TallyPrime Standout Features and Integrations
Features include TallyPrime’s affordability and user-friendly interface, which make it perfect for nonprofits and organizations with limited budgets and technical staff. Its financial management capabilities include accounting, billing, inventory management, and payroll processing, with real-time financial reporting. Additionally, TallyPrime's remote access and compliance features provide accessibility and regulatory compliance for organizations.
Integrations include pre-built connectors such as Microsoft Excel, Google Sheets, PayPal, AWS, Shopify, Magento, Zoho CRM, QuickBooks, Razorpay, and more. Additionally, TallyPrime can develop custom integrations with other software solutions through its open API.
Price
From $630/user/year
Free Trial
Free demo available
Pros
- Flexible pricing plans
- Remote access
- Easy-to-use
Cons
- Lack of scalability
- Lacks advanced reporting and analytics
7. Microsoft Dynamics 365 Business Central - Best for integrations
Why I picked Microsoft Dynamics 365 Business Central
If you're looking for ERP software that prioritizes integrations, my top recommendation is Microsoft Dynamics 365 Business Central. Whether you need pre-built integrations, native connections to other Microsoft products, or an open API that allows for custom integrations, this ERP tool has it all.
Microsoft Dynamics 365 Business Central Standout Features and Integrations
Features include its wide range of pre-built integrations and native connections to other Microsoft products, as well as popular third-party software. Its open API allows for custom integrations and flexible tailoring to meet specific needs. Microsoft's security and compliance protocols ensure safe data transfer between systems, making it an ideal choice for sensitive data or highly regulated industries.
Integrations include native Microsoft 365 connectors such as Outlook, Excel, Word, OneDrive, and Teams. Pre-built integrations include Shopify, Magento, PayPal, QuickBooks, Salesforce, ZohoCRM, Stripe, AdobeSign, and more. Additionally, Microsoft Dynamics 365 Business Central can develop custom integrations with other software solutions through its open API.
Price
From $70/user/month
Free Trial
Free demo available
Pros
- Wide-range of pre-built and native integrations
- Easy-to-use drag-and-drop interface
- Multi-currency and multi-language support
- Robust security and compliance
Cons
- Limited scalability for on-premise deployments
- Limited offline functionality for mobile app
8. Infor - Best for complex supply chains
Why I picked Infor
I recommend Infor as the top ERP solution for businesses that have complex supply chains. Infor's ERP system is tailored to help businesses manage their supply chains more efficiently, no matter how many locations your business has. It has the bandwidth and resources to tackle logistical operations in both the front and back of the office and distribution centers.
Infor Standout Features and Integrations
Features include a range of features to help businesses manage their supply chain processes, like demand planning, inventory management, warehouse management, and transportation management. Infor's ERP system can be tailored to meet the unique requirements and processes of each business, enabling them to efficiently manage their supply chains. Infor's advanced analytics and reporting capabilities also provide businesses with real-time visibility into their supply chain processes, allowing them to quickly respond to changes in demand or supply.
Integrations include native and pre-built connectors such as Microsoft Office, Salesforce, Infor OS, Infor Coleman AI, Infor Document Management, Infor CRM, Infor Nexus, Infor EAM, and more. Additionally, Infor can develop custom integrations with other software solutions through its open API.
Price
Pricing upon request
Free Trial
Free demo available
Pros
- Multi-language and multi-currency support
- Industry-specific solutions for verticals such as manufacturing, healthcare, and retail
- Mobile app
- Cloud-based deployment
Cons
- Lack of pricing transparency
- Requires dedicated IT team for maintenance and updates
9. IFS - Best for asset-intensive operations
Why I picked IFS
IFS stood out to me as the best ERP solution for businesses with asset-intensive operations. IFS offers a range of functionalities that are specifically designed to meet the needs of businesses that rely heavily on physical assets. It also boasts a user-friendly interface and lots of industry-specific ERP solutions.
IFS Standout Features and Integrations
Features include advanced asset tracking, maintenance planning, and scheduling functionalities, making it a top choice for businesses with asset-intensive operations. ERP solutions are tailored to meet industry-specific requirements, with cloud-based supply chain management capabilities that can reduce complexity in your operations, allowing for more streamlined processes. IFS also offers advanced analytics and reporting, a user-friendly interface, and customizable dashboards. These features help businesses gain easy-to-understand insight on workflow metrics, regardless of the industry, or even the device you’re viewing the data on.
Integrations include native IFS connectors such as IFS Field Service Management and IFS Enterprise Asset Management (EAM). Pre-built integrations include Salesforce, Microsoft Office, Oracle, Primavera, IBM Maximo, ClickSoftware, PTC Windchill, and more. Additionally, IFS can develop custom integrations with other software solutions through its open API.
Price
Pricing upon request
Free Trial
Demo upon request
Pros
- Advanced asset tracking and maintenance planning
- Advanced analytics and reporting
- Easy-to-use workflows and automation features
Cons
- Lack of pricing transparency
- Limited support for e-commerce functionalities
10. Odoo ERP - Best UX
Why I picked OdooERP
I decided to select Odoo ERP as the best ERP software with the most user-centric approach to design. Odoo's ERP system offers a modern and intuitive user interface that simplifies complex business processes and makes it easier for employees to use the software.
OdooERP Standout Features and Integrations
Features include a user-centric design, emphasizing simplicity, ease of use, and accessibility. Its user-friendly customizable dashboards, drag-and-drop functionality, and real-time data analytics can help your team get more done. It also offers flexible deployment options and excellent customer support and training resources to ensure businesses get the most out of their ERP system.
Integrations include native and pre-built connectors such as Paypal, Stripe, Magento, Shopify, WooCommerce, Salesforce, Hubspot, Quickbooks, Sage, Facebook, Linkedin, and more. Additionally, Odoo ERP can develop custom integrations with other software solutions through its REST API.
Price
From $24.90/user/month
Free Trial
Free use of one app
Pros
- All-in-one solution
- Affordable
- Open-source
- Cloud-based
Cons
- Limited reporting capabilities
- Upgrade challenges
11. Acumatica - Best ERP software for cloud-based workflows
Why I picked Acumatica
I chose Acumatica as the best ERP software for businesses with cloud-based workflows. Acumatica is a cloud-based ERP system that provides businesses with the flexibility and scalability needed to manage their workflows in the cloud.
Acumatica Standout Features and Integrations
Features include its cloud-based architecture making it ideal for distributed teams or remote employees. Acumatica’s modular design allows businesses to choose the modules they need to meet their specific requirements and customize the software to their specific workflows. Acumatica also offers strong financial management functionalities that comply with accounting standards such as GAAP and IFRS, providing businesses with real-time insights into their financial health.
Integrations include native and pre-built connectors such as Salesforce, Hubspot, Shopify, Magento, DocuSign, Smartsheet, Avalara, PayPal, Microsoft Office 365, and more. Additionally, Acumatica can develop custom integrations with other software solutions through its REST API.
Price
Pricing upon request
Free Trial
Free demo available
Pros
- Cloud-based
- Mobile accessibility
- Real-time reporting
Cons
- Limited industry-specific solutions
- Lack of pricing transparency
12. ERPNext - Best open-source ERP software
Why I picked ERPNext
For this list, I've chosen ERPnext as the top open-source ERP software out there. With ERPnext, businesses get a complete set of tools to manage their operations, finances, and customers all in one place. It's perfect for small and medium-sized companies looking for a budget-friendly solution to streamline their business processes.
ERPNext Standout Features and Integrations
Features include its open-source nature, offering businesses the freedom to modify the software according to their specific needs. ERPNext provides businesses with an affordable option to get started with ERP software without incurring any licensing costs. It offers accounting and finance management, inventory management, project management, and customer relationship management features. ERPNext has an intuitive user interface, is cloud-based, and is accessible from iOS and Android devices.
Integrations that are native include Twillo, Nexmo, Email, PayPal, Stripe, and barcode scanning services. Pre-built integrations include Shopify, WooCommerce, Salesforce, Google Suite, Slack, and more. Additionally, ERPNext can develop custom integrations with other software solutions through its REST API.
Price
From $400/site/month
Free Trial
Open-source
Pros
- Open-source
- Cloud-based
- Mobile-friendly
- Active community
Cons
- Limited scalability
- Limited user support
Other Options
Here are a few more worthwhile options that didn’t make the best ERP software list:
- SYSPRO ERP - Best ERP software for supply chain management features
- Katana Manufacturing ERP - Best ERP software for production planning and scheduling
- Open Systems Traverse - Best ERP software for automating inventory management
- AccountMate - Best ERP software for customization features
- Cougar Mountain Denali Summit - Best cost-effective ERP software
Selection Criteria For the Best ERP Software
After analyzing dozens of ERP platforms, along with reading feedback from users and experts in the industry, I was able to put together this list of the top ERP software solutions. I was really looking for ERP software with the best usability and integration options, which I’ll go into more detail about below.
Core Functionality
To start, I evaluated a wide variety of popular ERP software that included core ERP functionalities such as:
- Centralizing business functions such as accounting, procurement, inventory, order processing, manufacturing, project management, and human resources in a single system.
- Reporting and analytics capabilities to track key performance indicators and identify areas for improvement.
Key Features
To deliver the core functionality outlined above, ERP software needs these key features:
- Centralized database: This feature allows for efficient collaboration and streamlined workflows by providing easy access to data for different departments and users.
- Financial management: The best ERP software gives you real-time insights into your financial health, a general ledger, accounts payable and receivable, and budgeting tools to manage finances easier.
- Supply chain management: It’s difficult to keep an eye on your supply chain without proper inventory management, procurement, and logistics features.
- Manufacturing management: There should be features for production planning, scheduling, and shop floor management to automate manufacturing processes.
- Reporting and analytics: Reporting and analytics features should be supported in order to generate reports and gain insights into operations.
- Customer relationship management: ERP software should include sales management, marketing, and customer service features to provide consistent and personalized customer experiences.
- Integration with other systems: Integrations should exist with other systems like CRM, e-commerce, and business intelligence tools, automating workflows and avoiding duplication of effort.
- Customization: ERP software should be customizable to meet unique business processes and workflows by adding new fields, modifying workflows, or building custom integrations.
- Mobile access: The software should provide mobile access to real-time data, allowing remote work and collaboration, and improving productivity.
Usability
I gave priority to tools that offer a user-friendly experience and are easy to implement and use. Although there is always a learning curve with new software, your team should not spend weeks figuring out how to use ERP features. I selected solutions with clean and straightforward interfaces, neatly organized menus, and easy-to-use functionalities. Your team should be able to navigate the software with ease and locate the necessary features without any difficulty.
Value For Money
In order to ensure a good return on investment, I chose software that offers a comprehensive set of features at an affordable price. ERP software generally runs from around $30 per user per month for basic features, to up to as much as around $80 per user per month for advanced features, like AI-driven insights and analytics.
Additionally, many systems provide free trials or demos, which I highly recommend taking advantage of to determine if the software can meet all of your business requirements.
Integrations
To simplify your search for ERP software, I have chosen systems that seamlessly integrate with complementary tools such as CRM and financial management. To further assist you, I have also highlighted the essential integrations for each system.
Data Analytics/Management
I focused on selecting ERP tools with strong data analytics/management capabilities because they can help businesses make informed decisions and get a deeper understanding of their operations. By analyzing data from different business functions like sales, procurement, inventory, and manufacturing, companies can detect trends, patterns, and opportunities for improvement.
People Also Ask
Here are some common questions people ask about ERP software:
What business processes gain advantages from ERP?
What questions should I ask when evaluating ERP software?
How does on-premise ERP software differ from cloud-based ERP software?
So, Which ERP software is Right for You?
For this article, I've done the research and analysis to help you find the best ERP software for your business needs. This list includes options for businesses of all sizes, from small startups to large enterprises, and covers a range of industries. Each software on our list offers unique features, such as cloud-based workflows, open-source customization, and user-friendly interfaces. I've also provided the pros and cons of each software to help you make an informed decision.
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