Enterprise Resource Planning (ERP) Systems
These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.
Enterprise Resource Planning (ERP) Systems TrustMap
TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.
Sage Intacct is a cloud ERP system targeted at high-growth small and medium-sized businesses. Intacct includes applications for core financials and accounting, purchasing, order management, and financial reporting and business intelligence. It also integrates with 3rd party software…
Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) applications. Oracle Expense Management and Oracle Risk Management are part of this solution. Other apps include Financials, Revenue Management, Accounting Hub, PPM, and…
SAP S/4HANA Cloud is a modular cloud ERP software designed for every business need – powered by AI and analytics. SAP S/4HANA Cloud enables users to run mission-critical operations in real time from anywhere, introduce new business models in an industry, and expand globally. It can…
Brightpearl’s retail operations platform is designed to handle peak trading, integrates with the full retail tech ecosystem, and is omni-channel native. Additionally, the vendor says their solution is the system of record for key trading data, provides real-time trading insights…
Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
CMiC Project Management is a construction project collaboration and management solution. It centralizes project-related communications and documents onto one platform, and connects the job site with the back-end office.
Microsoft Dynamics 365 is a CRM providing sales, marketing, and service functionality. It is offered as SaaS and on-premise. Dynamics 365 is part of the larger Dynamics suite of business intelligence and ERP products.
Oracle eBusiness Suite is a comprehensive suite of integrated, global business applications. The suite includes cross-industry capabilities spanning ERP, CRM and supply chain planning.
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
SAP ERP is an enterprise suite comprising Financials (A/P, A/R, accounting, reporting, risk management, etc.), Human Capital Management (HR and Payroll), and Operations (procurement, manufacturing, sales & service). This is an enterprise level product designed for large organizations.…
Viewpoint’s Vista is a construction accounting software. Vista’s core accounting features include accounts receivable and payable, general ledger, payroll and time management, and cash management. It also provides tools for document management, including document templates and reporting.…
Viewpoint Spectrum is a cloud-based construction ERP suite with project management, accounting, resource management, and reporting and analytics. Key features include workflow automation and collaboration tools, document imaging and sharing, cost estimating tools, and RFI management…
SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
Epicor Kinetic (the name of the former Epicor ERP) presents a wide feature breadth, customizability, and scalability, typical product-centric cloud ERP offerings. It is meant as a single, end-to-end software solution for businesses, and is available on-premise, hosted, or in the…
Deltek Vision is enterprise resource planning (ERP) software for project based companies.
PeopleSoft Financials is a client/server financial management designed for larger organizations. Features enable organisations to control, monitor, administer, and report on financial information, accounting, and project tracking.
Prophet 21 from Epicor is a distribution ERP providing SCM capabilities (warehouse, inventory) as well as the ability to streamline quote-to-cash cycle, improve margins, and fulfill orders.
JD Edwards was an independent ERP vendor which was acquired by PeopleSoft in 2003. PeopleSoft, in turn, was acquired by Oracle in 2005, and the JD Edwards product line became Oracle JD Edwards EnterpriseOne. The product is primarily aimed at medium-sized companies. Like many…
Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies…
Sage 100cloud (formerly Sage 100 ERP) business management software offers a broad range of modules designed to meet the many needs of virtually any business. It encompasses financial operations and accounting, payroll, business intelligence, CRM, eBusiness, manufacturing and distribution.…
Microsoft Dynamics 365 for Finance and Operations (or Dynamics AX) was an ERP product in the Dynamics family. It has been split into separate Dynamics 365 products to provide more flexibility to customers, allowing users to pay only for the functionality they need. Microsoft Dynamics…
Epicor Eclipse is an end-to-end business system for wholesale distributors, as well as electrical, HVAC, plumbing and PVF businesses.
Microsoft Dynamics SL is one of the ERP products in the Dynamics family. This product was acquired from Solomon 2000. The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.…
What are ERP Systems?
Enterprise Resource Planning (ERP) systems are platforms that handles all the resources required to make, ship, and account for customer orders. It does this by integrating all the information flowing through the various departments of a large complex organization.
ERP traditionally involved many different processes, such as manufacturing, supply chain, and accounting. ERP systems have also expanded beyond their original business functions to include newer functional areas like Business Intelligence (BI), CRM and Marketing Automation, and eCommerce. As a result, modern ERP can benefit a broader range of companies than the traditional manufacturing-centric users.
The entire data flow across these functions is enabled by a central database that manages the data flow. All functions see and operate with the same data. This unified view of a business’s data mitigates discrepancies across departments and business units and makes financial processes more efficient.. For example, adopting an ERP system can streamline accounting and financial reporting and resource planning.
ERP Features & Capabilities
ERP systems have a very broad range of capabilities, including:
- Inventory Management
- Payroll Management
- Reporting and Analytics
- Project Financial Management Procurement
- Risk Management
- Supply Chain Management
- Product Lifecycle Management
Cloud-based ERP Systems
Traditional ERP systems are complex, expensive proprietary products. They usually require consultants to implement them according to a company’s specific requirements and are long, expensive processes.
Many ERP offerings are now available in a SaaS (software as a service) model through the cloud. SaaS ERP products outsource most or all of the IT burden and maintenance costs to the software provider and off of the business using the system. Cloud-based ERP also make updates and upgrades easier to implement and deploy.
Cloud ERP is a more accessible option than on-premise ERP for many SMBs. For smaller companies, the total cost-of-ownership of a cloud-based system is likely to be lower than for on-premise software.
ERP Systems Comparison
To compare different enterprise resource planning systems, consider these factors:
- Deployments: Are the ERP systems deployed on-premise, or in the cloud? On-premise software usually requires more in-house IT personnel to manage and maintain the system. On the other hand, SaaS ERP products may limit your in-house customization and require more assistance from the software vendor for long-term support and upgrades.
- Cost: Evaluating the financial impact of an ERP system requires looking at the total cost of ownership, rather than just the price tag. To gauge the total costs of the system, consider both the direct purchase cost alongside the in-house IT costs and resources spent, or not spent, on the system. Also compare the functions that are included in each product’s base package and what functionalities are add-ons that cost extra.
- Accessibility for non-IT users: While ERP systems have made strides in usability among line of business users, there is still wide variation between products’ accessibility. To best gauge ERP software’s usability for non-coders, look for review feedback from non-IT specialists.
There is such a variety of products in this category that pricing varies widely. Many products, particularly cloud-based ERP, are priced per user with some base per/month cost for the software itself. Costs per user can be around $7,500, but are usually customized to each deployment.
One major factor is whether to deploy an on-premise or a cloud-based system. Over the course of a year, subscription fees for a cloud-based system are typically about 20 to 30 percent of the cost of a similar system’s perpetual license. Additionally, an on-premise deployment will incur support and maintenance costs which are between 10% and 20% of the original licensing fee.
Enterprise Resource Planning (ERP) Systems Best Of Awards
The following Enterprise Resource Planning (ERP) Systems offer award-winning customer relationships, feature sets, and value for price. Learn more about our Winter Best Of Awards methodology here.
Frequently Asked Questions
There are some ERP products tailored to specific verticals, such as manufacturing or construction. There are also 3 types of ERP deployments: on-premise, in the cloud, and as SaaS.