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UK-based software company Sage was established in 1981.

It also offers customizable role-based landing pages that each user can access to get personalized data and reports.

Sage X3 users also get an enhanced mobile experience with a personalized layout and functionalities.

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It also generates financial reports for advanced data analytics that help companies to make data-based decisions.

Sage X3 Features

Multi-bill of materials (BOM) management.

Change management in products and BOM.

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Major and minor version number management.

Clock in/out for attendance and break.

Workbench for shop floor tracking.

Batch number, serial number, and expiry date management.

Quality control record creation and procedure with analysis request.

Manage stock status based on acceptance, rejection, and inspection.

Breakdown structure for work, product, and project cost.

Multi-level description of tasks for manufacturing and operational process.

Operation assignment to the employees.

Time entries to track time spent on tasks, operations, and budget levels.

Sage X3 Pros/Cons

Cloud and on-premise deployment models.

Marketplace with connection apps for extended capabilities.

Multi-currency and multi-legislation support for multinational companies.

Online courses and on-site training with Sage partners.

Basic data visualization in reports.

Thats why Microsoft Dynamics 365 is the top ERP software for enterprises with complex operational needs.

Dynamics 365 supports collaboration with Microsoft Teams and Microsoft 365 to share insights and formation for enhanced productivity.

It also integrates with the low-code tools of Microsoft Power Platform for quick process modification for changing needs.

Microsoft Dynamics 365 Features

Connected financial planning, budgeting, and forecasting across the organization.

Cash management, tax management, and financial reporting with self-serve analytics.

Time and expense management for reimbursement and client billing.

Flexible project management with Kanban board and Gantt chart.

Consolidated view of sales and financial data with actionable insights.

People-centric HR with self-service tools for regulatory compliance.

AI-powered predictions and historical data for demand forecasting and planning.

Unified ecommerce support for omnichannel purchase.

Order lifecycle management through customizable integrated dashboards.

Automation for optimized financial and accounting operations.

Supply risk assessment using historical data and product metrics.

Microsoft Dynamics 365 Pros/Cons

30-day free trial to get hands-on experience.

Customer support via chat, phone calls, and requested assistance.

99% or above uptime SLA.

Smooth integration with Microsoft 365 and LinkedIn.

24/7 support is not available.

Hence, SAP Business One is the best ERP software for any midsize enterprise.

SAP started its journey in 1972 and currently has more than 280 million users on their cloud platform.

It offers workflow-based alerts and search assistance to fetch business insights quickly.

SAP Business One allows businesses to pre-define KPIs and relevant analytics to improve cash balance visibility and sales performance.

As companies generate reports using SAP Business One, the robust visualization enables them to make better decisions.

SAP Business One Features

Automation of journal entries, accounts receivable, and accounts payable.

Manage project cost, cash flow, budget, and fixed assets.

Faster payments using cash, checks, and bank transfers.

Standard or custom financial reports for business planning and audit review.

Create and manage marketing campaigns for sales and growth.

Manage contracts and service agreements.

Integration between warehouse and accounting for easy invoice creation.

Inventory data management with account balance view and purchase analysis.

SAP Business One Pros/Cons

Mobile apps for iOS and Android.

API to use with other applications.

Sync with MS Outlook for customer data storage.

Pricing information is not available.

No free trial for functionality testing.

This makes Acumatica Cloud ERP a comprehensive ERP suite.

Acumatica was founded in 2008 and has 10,000+ customers worldwide.

It offers a consistent and unified view of current accounts for businesses.

It automates workflows and simplifies the synchronization across multiple workflows.

Learn more in ourAcumatica ERP review.

Acumatica Cloud ERP Features

Intuitive UI for improved efficiency.

Cross-module workflows for smooth collaboration.

Easily integrate the tools and systems already in use.

A low-code / no-code environment for personalized instances.

Accurate inventory tracking, omnichannel fulfillment, and order rates.

Accounting and payroll tools for financial management.

Standard CRM to manage leads and contacts.

Multi-level Bill of Materials software (BOM)/Routing.

Production management and manufacturing estimates.

Manage sales and purchase orders through automation.

Inventory and warehouse management with an organized distribution process.

Native integration support for Amazon, BigCommerce, and Shopify.

Acumatica Cloud ERP Pros/Cons

GDPR, SOC pop in 1 & 2, PCI DSS compliant.

Implementation without hidden fees.

Deployment options in public or private cloud.

Pricing information not available.

Does not support on-premise deployment.

It supports the automation of routine manufacturing business processes, such as processing supplier invoices.

SYSPRO was founded in 1978 and has 15,000 licensed companies as its clients.

SYSPRO ERP software offers relevant technologies on demand, enabling companies to digitize their business at their own pace.

SYSPRO Features

Accounting, budgeting, and financial reporting for financial management.

Track and manage inventory levels, orders, and supply chain processes.

Full visibility into finance, warehouse, and inventory or organization.

Manage data to get insights into business operations.

Generate shipment item list and print out outer labels.

Create a comprehensive product catalog with pricing and promotion.

Software personalization support without any coding skill.

Control product design changes by managing traceability.

Handle cost fluctuation and regional differences to boost operational efficiency.

SYSPRO Pros/Cons

Industry-specific functionalities for manufacturers.

Scalable software to meet the growing needs.

Deployment options for cloud, on-premise, and hybrid.

Single Sign-On using Google, LinkedIn, or Microsoft accounts.

Lack of transparent pricing.

No free trial available.

Companies can choose between its free community version or paid enterprise version.

Its all-inclusive per-user pricing system allows companies to pay according to their workforce size.

Businesses do not have to commit to a fixed monthly or yearly payment.

For this reason, Oddo is the best ERP software, and it is flexible and affordable.

Odoo was founded in 2002 and has 12 million users worldwide.

Odoo enables automation in lead creation, activity scheduling, and team assignment.

This allows users to focus on more pressing tasks.

It allows pipeline management and sending quotes in a few clicks, reducing manual data entry.

Odoos AI-powered lead scoring system enables companies to work on the right priorities.

Odoo Features

Integration support for email marketing, sales, and inventory.

Odoo Studio to automate action and customize screens, reports, or webhooks.

Website builder to create ecommerce website, blog, forum, live chat app, and LMS.

Customer-centric CRM for tracking leads and getting forecast.

POS software for online and offline payments.

Document management system for digitization and automation.

Create invoices and submit expenses from the phone.

Lean manufacturing app for order scheduling, QA, and shop floor maintenance.

Job posting and referral management.

Manage employee information, time-off approval, employee evaluation.

Automate marketing through email, SMS, and social media.

Manage projects, appointments and scheduling, team collaboration.

Odoo Pros/Cons

Flat per-user pricing for all apps.

Unlimited customer support for all users.

15-day free trial available for paid plans.

Hosting and maintenance included in the plans.

Only one app is allowed to be used for free.

Mobile app not available to community version users.

It offers 15+ efficient modules covering accounting, manufacturing CRM, and eCommerce.

ERPNext was founded in 2008 and has more than 5000 clients.

ERPNext offers customization of business objects from the software interface without any code deployment.

ERPNext Features

Full-fledged accounting module with real-time view of cash flow.

Summarize and analyze financial reports.

Crisp ledger maintenance for tracking income and expenses.

Multi-currency accounting with conversion facility into the base currency.

Auto-invoice generation through Subscriptions.

Customer-centric CRM for automatic lead distribution among the members.

Monitor and analyze the performance of the sales team.

Complete visibility into the sales pipeline.

All-in-one workspace to organize, schedule, and analyze projects.

To-do list and real-time chat among the employees.

File storage and sharing facility for documents, images, and videos.

SaaS help desk for omnichannel interactions.

ERPNext Pros/Cons

14-day free trial.

Flat pricing for the complete team.

Not ideal for large enterprises.

Installation and interface might be difficult for some users.

Workday

Best for HCM and Financial Management

About Workday

Workday offers best-in-class enterprise management applications.

Its financial management software helps companies manage financial processes intelligently through automation, analysis, and forecasting.

Workdays adaptable architecture helps companies change with the business requirements.

Workday constantly delivers technology that keeps critical business data safe.

Its ethical AI ensures that organizations can empower their workforce for maximum performance and prepare them for futuristic jobs.

Workday Features

Machine Learning technology for continuous anomaly detection and suggestions.

Automatic business event data conversion into accounting.

Always-on auditing for control and compliance.

Operational, financial, and workforce planning.

Close and consolidation with accuracy.

Strategic sourcing with supplier and supplier contract management.

175+ prebuilt and customizable dashboards.

Find and hire global and local talents without any bias.

Upskill employees with personalized learning schemes.

Employee listening and people analysis.

Analytics and reporting toolkit with 5,000+ configurable reports.

Workday Pros/Cons

Real-time employee performance insights.

Scheduling, attendance, and absence management.

No free trial for HCM and financial software.

Businesses benefit from its centralized data, which they can access in real-time across their operations.

Oracle NetSuite ERP is the perfect cloud-based ERP, helping businesses optimize workflows and make data-driven decisions.

Founded in 1998, OracleNetSuiteis headquartered in the US and has 37,000+ customers.

Oracle NetSuite ERP automates various financial operations, making the whole process more efficient.

It also gives companies complete inventory visibility, helping them with cost optimization and timely delivery.

It generates accurate inventory reports and financial statements so that businesses and stakeholders remain on the same page.

Oracle NetSuite ERP Features

Multiple global subsidiaries and legal entities management from one platform.

Operational and financial performance visibility into all business units.

Collect real-time updates on inventory, production data, orders.

Keep a record of financial reports for predictive analysis.

Central procure management with visibility into spending and vendor performance.

Streamline cash flow, tax management, and financial management.

Performance management with planning, budgeting, forecasting, AR, financial close, and reporting.

Error-free order processing for timely invoicing and payments.

Warehouse operations with wave management, cycle count planning, and shipping system integrations.

Oracle NetSuite ERP Pros/Cons

Supports 190 currencies and 27+ languages.

Custom dashboard for real-time business data analysis.

Scalability for different business models and configurations.

Software demo available upon request.

Not ideal for startup or small business.

Katana started functioning in early 2018 and has 1,400+ businesses as its clients.

Katana supports integration with popular automation, accounting, CRM, ecommerce, forecasting, shipping and reporting tools.

Katana generates reports on material usage and outsourced purchase orders, which is helpful when companies work with contractors.

Katana Features

Inventory control for raw materials and final products.

Monitor live inventory data across multiple warehouses.

Barcode support for stock count.

Restock notifications for all-time optimal stock level.

End-to-end traceability with batch tracking.

Automatic generation of batch and internal barcodes.

Unified dashboard to manage B2B and e-commerce sales orders from multiple channels.

Track product availability for sales order fulfillment.

Organize warehouse with optimized workflows.

Real-time master planning with task-level control and live data.

Katana Pros/Cons

Live chat support.

Open API that supports custom workflows.

charge for Standard, Professional, and Professional Plus users.

Does not include HR and employee management features.

Its community version is free forever when self-hosted.

Businesses looking for a reliable open-source ERP software will find metasfresh to be highly beneficial.

It releases weekly updates so that companies can benefit from the latest developments.

metasfresh ERP supports code-free configuration that enables users to perform autonomous window configuration without any programming skill.

It keeps client data separately and makes them accessible to the respective clients only.

As a result, organizations can add unlimited clients who can function without any hassle.

metasfresh Features

Customizable ERP software for enterprises.

High-performance tool to process mass data.

Hands-on training and online webinars for users.

Dashboard to track targets and KPIs.

Data is updated on software as soon as the operational data change.

One-click access to advanced fields.

Smart fields for quick data entry with minimum typing.

Clear interface to allow users to get started quickly.

Highlighted document status action.

metasfresh Pros/Cons

Free forever self-hosted open-source software.

7-day free trial for cloud-hosted ERP software.

Support free migration to another ERP solution.

surfing app-based web interface for secure access from anywhere.

Self-hosted ERP users only get support via email.

No freemium version available.

Small businesses dealing with government contracts choose to automate the entire project lifecycle.

Being a purpose-built ERP software, Deltek Costpoint proactively manages the process from contracts to closeout while staying compliant.

Deltek was established in 1983 and served more than 30,000 customers with industry-specific solutions.

Deltek Costpoint helps startups and growing businesses manage contracts while being compliant with Federal Acquisition Regulations (FAR).

It also optimizes cash flow and resources by leveraging project and cost visibility.

Costpoint ERP software allows companies to unlock advanced functionalities when they need to expand contracts.

It also offers the general ledger functionality that is essential for small businesses.

Deltek Features

Back-office operation automation with financial management features.

AI-powered analysis of data to identify trends.

Customize interface with role-based user profiles.

Cost pool and financial intelligence to control the projects.

Precise and speedy cash flow management.

Automated invoicing and payment processing.

Out-of-the-box user profiles and dedicated training.

Quick start deployment to reduce implementation time and cost.

Real-time data view for accurate project analysis.

Deltek Pros/Cons

Pre-configured dashboards and reports.

Speedy onboarding for the organizations.

Built-in compliance with regulations like CMMC, DCAA, and FAR.

Additional solutions like Contracts Management and Procurement.

It lets users apply customization in the applications through low-code module builder assistance.

Dolibarr started its journey in 2002.

Dolibarr is a free and open-source ERP that incorporates user feedback into the updates.

The user community constantly contributes to making the software user-friendly.

It allows users to enable only the necessary features or applications.

Dolibarr Features

Low-code Module Builder assistant for customization.

In-the-box integration between the features/modules.

Import Export Wizard to exchange data in CSV and Excel file.

Create, process, and track sales orders.

Create and send professional proposals to prospects.

User groups for employee permission management.

Job posting and tool tracing.

Timesheets and leave request management.

Bulk email and surveys for marketing campaigns.

Procurement management and warehouse restocking.

Bills of Materials and materials resources planning.

Time-tracking and follow-up of projects and tasks.

Create, send, and track invoices.

Automatic ledger generation and reconciliation.

Dolibarr Pros/Cons

Free software for all businesses.

Available on all platforms (cloud and on-premise).

Install on any equipment, including virtual machines.

REST API for data extraction.

Does not offer any mobile app.

Limited features and customization.

QT9

Best for Quality Management

About Qt9

QT9 is validated ERP software for life science.

For medical unit manufacturers or any other related organization, QT9 is the best choice.

QT9 was established in 2005 and has 1000+ global brands as its clients.

QT9 directly links data between its pre-installed modules, automating the process for efficient working.

It lets companies switch from one module to another as their needs change or increase.

Qt9 Features

Automatic workflow to eliminate manual workarounds.

Data export to Excel or other analytics tools for analysis.

Electronic signatures with FDA 21 CFR Part 11 Compliance.

Dashboard with drag-and-drop feature and multiple views.

Credit card processing and financial reporting.

Inventory drill down with tracking lot and serial.

Purchase order approval, inspection, and revision.

Portals for customer and supplier.

Track task status to identify overlaps and gaps.

Global administrative tools to add custom fields.

Simplified collaboration using shared data.

SSL encryption for secure data transmission and storage.

Complete disaster recovery and business continuity support.

Access restriction and segregation for sensitive work.

Qt9 Pros/Cons

Configurable software with personalized dashboard grids.

Real-time reports on a 360-degree view.

Free trial available for testing software features.

Cloud and on-premise deployment options.

Epicor

Best for Large Businesses

About Epicor

Epicor transforms the digital transformation in large companies.

It offers dedicated ERP solutions for various industries.

Its tailored offerings forHVAC solutionshelp businesses streamline operations, track inventory, and manage complex workflows seamlessly.

Enterprises can choose from these industry-specific solutions to avail themselves of the specific features needed for the organizational workflow.

This makes Epicor the best ERP software for large businesses.

Epicor was founded in 1972 and has over 2.3 million daily users in 150 countries.

Epicor ERP combines and transforms data from all applications to improve operational performance.

Though it is a cloud-focused solution, organizations can deploy it on-premise or in a hybrid environment.

Epicor offers a cloud-based business platform, allowing remote and hybrid users with a net web client-based experience.

Its innovative analytics feature can predict business disruptions, so companies can manage those utilizing Epicors people-centric AI.

Epicor Features

Global cloud ERP for discrete, make-to-order manufacturing.

Built-in collaboration tools for internal communication.

Tools for forecasting, MRP, scheduling, and sourcing to manage supply and demand.

AI-infused insights and digital twin analysis for scalability and growth.

Real-time visibility into demand and production.

Detailed invoice creation with up-to-date information.

Dashboard and reporting tool to track what is happening across the organization.

Financial capability for cost control, budgeting, and accounting.

Governance, risk, and compliance solutions to meet international standards.

CRM with mobile capabilities for complete customer relationship.

Global business management supporting multiple companies, languages, and currencies.

Project management with estimation, planning, scheduling, costing, and supply chain features.

Epicor Pros/Cons

Single Sign-On With Epicor Identity.

Email and RSS feed subscriptions for cloud status alert.

24/7 Epicor support portal.

Account manager for dedicated assistance.

Support is not handy with complex issues.

What is ERP Software?

Enterprise resource planningsoftware unifies all workflows into one platform.

Thus, it enables efficient communication and collaboration among the teams and enhances productivity within the enterprise.

Companies make better decisions through real-time insights provided by theERPsolutions.

It results in increased operational efficiency and allows organizations to adapt to evolve market demands.

Why Do Businesses Need ERP Software?

Businesses needERPsoftware to streamline operations, ditching the data silos.

Below are the 6 reasons why businesses needERPsoftware.

How Does an ERP System Work?

AnERP(Enterprise Resource Planning) system works by integrating several core business processes into a single platform.

Through the integration, data seamlessly flows across the organization, allowing companies to manage their resources efficiently.

ERPsoftware streamlines internal operations, while ERM helps companies with communication management.

Since these applications serve different purposes, callingERPsoftware better thanERM softwarewould be wrong.

ERPintegrates the core internal functions of a business.

ERM focuses on managing relationships with various external entities such as customers, partners, and other stakeholders.

Companies useERPfor internal operations, while ERM is used for external communication management.

What are the Criteria to Consider When Choosing ERP Software?

To choose the rightERPsoftware, consider the below outlined aspects.

Is ERP Software Expensive?

No,ERPsoftware is not expensive if companies go for the free andopen-sourceoptions.

Hence, whetherERPsoftware is expensive or not depends on the app a business chooses for itself.

Is ERP Software Worth It?

Yes,ERPsoftware is worth the value it brings to the business.

If a business wants to achieve its full potential with smart operation,ERPis an investment worth considering.

What are the Other Enterprise Software?

Enterprise software or business software are applications essential for smooth business operations, regardless of the industry.