The Digital era, industrial revolution 4.0, etc. are phrases that have been used a lot to refer to the rapid development of information technology. For enterprises, information technology is the shortest and fastest way to improve their competitiveness and gradually integrate into the world. It is one of the reasons why ERP systems have become so popular in recent years. And what is the best ERP system has become a common question for many companies.
In this article, we will mention the top ERP systems currently used to help you find the best solution for your own company.
Table of Contents
WHAT IS ERP?
Briefly, ERP (Enterprise Resource Planning) is a multi-functional, multi-departmental management software solution that can be used by an enterprise or an organization to collect, store, manage, and analyze data. Data from our business operations, including product planning, cost, production or service provision, marketing and sales, delivery, and payment.
The main difference of ERP software compared to other accounting and human resource management software is integration. Instead of simultaneously using multiple discrete software without data linkages, ERP consists of only one software with modules, each of which performs discrete management tasks, but between modules.
Because this module still has a close link, businesses using ERP software will be able to control issues of revenue, profits, liabilities, costs, and the ability to optimize resources such as machines, materials, and personnel to have an accurate production and business plan, consistent with capacity.
You can read What is ERP (Enterprise Resource Planning)? [2021 Update] to have a deeper understanding of ERP and its value. To assist you in determining which ERP solution is best suited for your business, we researched the most commonly used ERP software in recent years and how good their user experience is to list out the top ERPs.
TOP 10+ BEST ERP INTEGRATION SOLUTIONS
Based on G2 Grid®, a completely unbiased, scientific aggregation of customer reviews and third-party market data, and its overview for ERP systems, depending on the company’s size, there are differences in the list of most used ERP systems.
But first, let’s answer this question.
What size is your company?
The 2019 ERP Report by Softwarepath has shown that the average budget per user for an ERP project is $7,200. And for a mid-sized business, it can cost from $150,000 to $750,000. The more modules your company requires in the ERP project, the more expensive it will be.Â
Based on the ERP systems’ pricing, numbers of user companies, and user sentiment, we have listed the top 10+ ERP integration solutions for each company size in the tables below.Â
For Small Business
When determining the size of your company, the first two factors to consider are the number of employees and the annual revenue. A small company has fewer than 100 employees and annual revenue of between $5 and $10 million.
For Mid-market (Small and Medium Enterprises)
If your number of employees is between 101 – 500 and the annual revenue is from $10 million – $1 billion, it is a Mid-market company (small & medium enterprises).
For Enterprises
And if your company has up to 1000 employees and its annual revenue is over $1 billion, it is a large enterprise.
From the 3 lists above, you can see there are many ERP software that is still named regardless of the size of the company. When it comes to the User Satisfaction Score, G2 has put these 10 ERP systems on top of the list.
Sage Intacct
Sage Intacct is a cloud accounting and web-based financial management software designed to help companies improve performance and expedite growth. It can support Accounting, Subscription Management, Nonprofit Accounting, Grant Management, ERP Systems, AP Automation, Subscription Revenue Management, Revenue Management, and, Subscription Billing.
- Market Segments: Mid-Market
- Pricing: Free Trial
- Overall Satisfaction Score: 96
- Top Industries Represented are Computer Software, Accounting, Information Technology and Services, and Non-Profit Organization Management.
Acumatica
Acumatica is a leading provider of Cloud ERP and Cloud Accounting software for mid-size businesses and not-for-profits. Its software can support Advanced Planning and Scheduling (APS), Accounting, ERP Systems, Project-Based ERP, Discrete ERP, and Distribution ERP.
- Market Segments: Mid-Market
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 93
- The top Industries Represented are Wholesale, Retail, Consumer Goods, Information Technology, and Services.
Tally
Tally is software for accounting purposes as well as finance. It is much more user-friendly software. And users can access anything like Ledger balance, the Balance sheet of the Company, or Profit and Loss as well as raise invoices and generate all applicable Taxation reports like GST data easily. Tally supports well at integrating with Discrete ERP and other ERP systems.
- Market Segments: Small Business
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 93
- The top Industries Represented are Accounting, Automotive, Computer Software, and Construction.
SAP Business One
SAP Business One is software designed to help small businesses with operations and drive profitable growth. It is one of the most comprehensive business applications for small and medium enterprises, with complete functionalities for each stakeholder. SAP Business One supports the best at accounting, ERP systems, and discrete ERP.
- Market Segments: Mid-Market
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 89
- The top Industries Represented are Retail, Information Technology, Services, and Food Production, and Accounting.
MIE Trak Pros One
MIE Trak Pro is an ideal ERP offering for most manufacturing businesses with modules designed to accommodate most production cycles and optimize the capabilities of repetitive, custom, quick-turn, and mixed-mode operations. It focuses on Job Shop Management, ERP Systems, and Discrete ERP.
- Market Segments: Small Business
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 89
- The top Industries Represented are Machinery, Mechanical or Industrial Engineering, Automotive, Aviation & Aerospace.
NetSuite
Oracle NetSuite is a cloud ERP system, provides a suite of applications, from accounting and financial planning to warehouse management, eCommerce, inventory management, and beyond. Up to now, it has been used by more than 21,000 customers in 200+ countries.
NetSuite supports businesses from Core HR, Accounting, Billing, Nonprofit CRM, Donor Management, Nonprofit Accounting, Grant Management, ERP Systems, Project-based ERP, and Discrete ERP to Distribution ERP.
- Market Segments: Mid-Market
- Pricing: Free Trial
- Overall Satisfaction Score: 88
- Top Industries Represented are Computer Software, Information Technology and Services, Retail, Wholesale.
SAP ERP
For Enterprises:
SAP ERP is one of the best comprehensive modules, which almost includes the solution to every daily business need of any big organization. It is one of the best ERP systems for enterprises and businesses in specific use cases. The big advantage of it is the possibility to clear the items within the same account, while a lot of popular ERP systems cannot do it. It works well in Accounting, ERP Systems, ETO ERP, Discrete ERP, Distribution ERP, Mixed Mode ERP, and Process ERP.
- Market Segments: Enterprise
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 88
- Top Industries Represented are Consumer Goods, Information Technology and Services, Automotive, and Electrical/Electronic Manufacturing.
For Mid-sized Companies:
If your company is not an enterprise, SAP Business ByDesign is a cloud enterprise resource planning software designed for small and medium-sized enterprises.
Recently, SAP Business ByDesign has focused more on integrating with eCommerce. Its modules support well with Discrete ERP, Distribution ERP, Accounting, and ERP Systems. Additionally, it provides a free trial if you want to try it first.
Odoo ERP
Odoo is a fully integrated, customizable, open-source suite of business applications. Most businesses need CRM, Sales, Project, Manufacturing, Inventory, Accounting, and Odoo ERP is an all-in-one solution for them. It focuses on Human Resources Management Systems, Accounting, ERP Systems, Discrete ERP, and Business Instant Messaging.
- Market Segments: Small Business
- Pricing:
- Free Trial
- $24/User Monthly
- Overall Satisfaction Score: 87
- Top Industries Represented are Information Technology and Services, Retail, Consumer Goods, and Automotive.
Total ETO
Total ETO is a highly specialized ERP system designed particularly for Engineer To Order (ETO) manufacturers and custom design machine builders in automation, material handling, and original equipment industries.
- Market Segments: Mid-Market
- Pricing: Starts at $85/User monthly
- Overall Satisfaction Score: 86
- Top Industries Represented are Machinery, Industrial Automation, Electrical/Electronic Manufacturing, Mechanical or Industrial Engineering.
SYSPRO
SYSPRO is an industry-built Enterprise Resource Planning (ERP) system designed to simplify business complexity for manufacturers and distributors with high scalability and can be deployed in the cloud, on-premise, or accessed via any mobile device.
SYSPRO provides an end-to-end fully integrated business solution for effective decision-making, strong cost control, streamlined processes, improved productivity, comprehensive reporting, and real-time data analysis.
- Market Segments: Mid-Market
- Pricing: Free Trial Unavailable
- Overall Satisfaction Score: 85
- Top Industries Represented are Electrical/Electronic Manufacturing, Machinery, Information Technology and Services, Medical Devices.
TRENDING CHART
Besides, when you look at the trending chart below, you will see which ERP systems are more and more organizations currently using. This may help you consider which ERP solution your company should use.
And if you have heard of all the top ERP systems mentioned above but haven’t found any suitable for your company, take a look at the names suggested below.
A PROMISING ERP INTEGRATION SOLUTION – HEXASYNC
Because not many ERP systems have the ability to talk with multiple systems, the excessive budget for the project can go beyond your expectations when you figure out more issues in the process.
Although HexaSync looks like a newbie in the market, it is still a promising contender. With its ability as a unified data connector, HexaSync has successfully connected many systems using the same method and helped businesses save lots of money and time as well.
In conclusion, it is worthwhile to consider your company’s needs and budget to choose an ERP system that best suits your organization.
And once you choose a suitable solution for your business, the next step is no longer a big deal! If you have any questions, we are here to help!
