How to find Best ERP Software for Small Business?

ERP Software: An integrated ERP software system provides functionality which keeps processes, tracks data and makes detailed analysis processes that helps to take quick management decisions. Thus implementation of ERP software is all about specific need of any business organization enterprise is quite important for the growth and development of small and medium size business.

ERP software system package helps within the integration of all the practical units of a company in an exceedingly unified system to change higher performance and productivity. ERP Software fully friendly and easy to use. ERP software can benefit the market demands of manufacturing sector for the following reasons: Providing expertise, Implementation, Providing Support, Specific to a region or country, quick response, Low ownership cost etc.

ERP software integrates all the vital useful units of associate enterprise into a unified type to alter a stronger performance within the business.

Best ERP Software for Small Business

SAP

SAP is one of the market leaders in ERP software. Having been around since the early 1970′s SAP has implementations in many of the Fortune 500 and is well suited for global corporations. But this doesn’t mean that they don’t work locally and with smaller clients. They have put an emphasis in the last ten years on meeting the needs of the smaller company. By smaller, we mean the smaller corporations and companies whose annual revenue exceeds $50 Million per year. This is not a hard and fast rule, as now there are more offerings from SAP that are well suited to the smaller companies. Bottom line is that there is probably nothing that SAP cannot do. Along with Oracle, they are probably on most people’s Top 10 ERP list. SAP R/3 suits the requirements of large organizations and it offers an easy solution to handle multiuser transactions in less time. SAP R/3 provides scalable solution which can run on a number of OS and databases. SAP is the leading enterprise resource planning software in the list of top 10 ERP software.

ORACLE

A strong competitor to SAP is Oracle. Although Oracle started as a database company, it quickly moved into the ERP Applications world and won over many large organizations. Like SAP, Oracle’s sweet spot is in the larger market. But they too have learned to work in the middle market. (Companies of $50-$500 Million in Sales) Again, like SAP, Oracle can do just about anything. But keep in mind with both of these systems that they are almost a platform that can be built to suit any company (for a price).

MICROSOFT DYNAMICS AX

Microsoft joined the ERP world several years back with the acquisitions of multiple ERP Packages. They have since re-branded, retooled, and integrated these solutions into their Office and Web offerings. Solutions such as the powerful Microsoft AX can scale to very large companies and provides a lot of functionality. MicrosoftNV is a very flexible package that can be modeled to fit any type of business. Microsoft GP has roots in service and distribution and is a good financial system. Microsoft SL is for companies who are looking for a project and financial software. For mid-sized and large organization Microsoft provides Microsoft Dynamics AX. The software is scalable and easy to handle. Since it is Microsoft’s product it is more user friendly as compared to other products.<br>

IFS

Industrial and Financial Systems (IFS) does exactly what their name says. They are a tremendous ERP solution for the Industrial manufacturing world. They have a strong manufacturing suite with excellent manufacturing planning tools. The IFS name stands for Industrial Financial Systems so if your company makes big machines, industrial equipment, aerospace parts, or other discrete products, they are definitely worth examining.

INFOR

Infor is an interesting company in that they came into the market and made multiple acquisitions and have continued to develop these various solutions. They have a package for just about every type of business. The way they work is they find out what business you are in and then provide you with a solution that works well in your industry. You will be sure to find a suitable product from Infor. IBM’s ERP, Infor has been in market since 2002 and it is known for producing fast processes. The latest up-gradation to the system was made in the inventory management.<br>

Always strong in Manufacturing and Distribution. This Tier 2 solution works very well and has many successful installs. If you are a company who is larger than $25 Million and Smaller than $1 Billion in sales, then you should probably take a look at this solution.

EPICOR

Similar to Abas, Epicor is a strong middle market ERP solution that works very well in Accounting, Distribution, and Manufacturing. Their Microsoft-centric application makes for quick adoption and because of this, Epicor has done very well in the middle market. They have a great story to tell and their products are well-developed. They are a contender in many ERP selections.

SAGE

Sage has, like Infor and others, acquired numerous products over the past 5 to 10 years. As such, they have some great offerings for various industries. Systems such as their mainstay, MAS200 or even MAS500 are great products that serve distribution and manufacturing quite well.  Sage excels in providing easy to use accounting software and it has been in ERP market since last 30 years. The product suits the need of small and mid-sized companies. It best suits the companies where the number of employees is less than 25. It is another rapidly growing enterprise resource planning software in the list of <strong>top 10 ERP software</strong>. <br>

SYSPRO

Syspro is another middle market competitor who does very well in the small to medium size businesses. They show well in both discrete and process manufacturing environments. Originally developed in South Africa and with a strong US presence, they have taken on the world with tremendous force and have done quite well. Syspro provides manufacturing and distribution operations across a wide variety of industries

PLEX

Plex is a Cloud Computing ERP solution, meaning that you do not house any of the software inside your company. It is all web based. This is the growing trend, but Plex is the pioneer in the ERP space. If you are looking for a simple to run solution in the manufacturing or distribution space, there is nothing easier.

ABAS

Always strong in Manufacturing and Distribution. This Tier 2 solution works very well and has many successful installs. If you are a company who is larger than $25 Million and smaller than $1 Billion in sales, then you should probably take a look at this solution.

Also See : SAP Terminology what it means?