Enterprise Resource Planning (ERP) System

Top Rated Enterprise Resource Planning (ERP) Products

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Enterprise Resource Planning (ERP) System TrustMap

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Enterprise Resource Planning (ERP) System Overview

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:

  • Accounting

  • Inventory Management

  • Payroll Management

  • Reporting and Analytics

  • Project Financial Management Procurement

  • Risk Management

  • Logistics

  • Manufacturing

  • 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:


  1. 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.

  2. 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.

  3. 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.



Pricing Information

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) Products

(1-25 of 167) Sorted by Most Reviews

Aptean DTR ERP

Aptean DTR is a comprehensive enterprise resource planning (ERP) solution for companies that manufacture plastics, built from the ground up to serve the plastics industry.

Infor LN

The Infor LN ERP software is focused on product manufacturing with both on-premise and cloud deployment and a robust analytics and dashboard interface.

Xpedeon

Xpedeon Estimating System is a construction and estimation software offering from Algorithms Software Pvt. Ltd.

Aptean Compiere ERP

Aptean Compiere ERP is an integrated open source enterprise resource planning (ERP) and customer relationship management (CRM) solution designed to present a flexible but integrated solution. Compiere can automate financial, distribution, sales and service processes quickly, affordably,…

BizAutomation.com

BizAutomation is an ERP software with inventory/warehouse management and order processing capabilities.

Aptean Relevant ERP (Discontinued)

Aptean Relevant ERP was a system specifically to meet the needs of complex, high-value product manufacturers. It is no longer available.

VIENNA Advantage

VIENNA Advantage ERP/CRM is an ERP offering available through on-premise or cloud deployment with integrated customer relationship management and document management systems to augment the ERP software.

ProcessPro, from Aptean

ProcessPro ERP is a platform built for batch process manufacturing companies specifically, with additional financial, sales, and inventory tools built in as well. It was owned and supported by Open Systems since the 2016 acquisition, and is now supported by Aptean since Aptean's…

Matrix Velocity

Matrix Velocity is an ERP solution with a focus on both finance and accounting application and inventory and order fulfillment with full integration with Salesforce CRM.

Infor CloudSuite Industrial (SyteLine)

Infor CloudSuite Industrial (formerly Syteline) is a Microsoft-based ERP solution focused on inventory and materials management with either on-premise or cloud deployment.

Infor CloudSuite Business

Infor CloudSuite Business is a cloud-based ERP platform for SMBs with integrated with Amazon Web Services that provides collaboration and analytics tools along with comprehensive coverage of the business process.

InOrder

InOrder ERP is an ERP solution built to support the full business process with features such as real time inventory and order tracking, multi-user collaboration, and integration with other financial and CRM software.

TGI Enterprise 21

Enterprise 21 from TGI (Technology Group International) in Toledo, Ohio, is an ERP platform.

Kenandy

Built on the Salesforce App Cloud, Kenandy allows companies to map their business processes and implement applications. According to the vendor, the automation of operational systems including global financials, procure-to-pay, planning and production, quote-to-cash and trade promotion…

Erpisto

Erpisto is an ERP system from Bilytica.ERP features include:Accounting and financial managementSales managementProcurementBudgeting and financial planningEnterprise asset managementPoint of saleInventory managementWarehouse managementProduct managementERP analyticsMobile

Officebooks

OfficeBooks is a web-based ERP application focused on distribution and manufacturing companies.

Infor CloudSuite Corporate

Infor CloudSuite Corporate is a cloud ERP solution specifically designed for Tier 1 companies to automate business operations.

Shipedge Software Suite

Shipedge offers a suite of cloud-based enterprise commerce solutions: 3PL Warehouse Management System – WMSOmni Channel Order Management System – OMSSupply Chain with Inventory Forecasting – ERPMultifunction Mobile Android Scanners (RFID & Barcodes)Returns & Exchanges (Self-…

AscentERP

AscentERP is an ERP platform that serves the entire sales lifecycle, from order management to sales order fulfillment and invoicing.

ERP for Direct Commerce

AbilityCommerce's ERP for Direct Commerce is built to handle the business operations lifecycle, specifically focused on direct commerce.

myFiO ERP

Canadian company Group FiO offers the myFiO ERP, a modular ERP billed as affordable for smaller businesses.

Aptean Cimnet ERP

Aptean Cimnet ERP is an enterprise resource planning software solution designed specifically for companies in the global printed circuit board industry.

ParagonERP

ParagonERP is a full-feature, cloud-based enterprise resource planning (ERP) system that offers business a single platform from which to manage their day-to-day business operations. It allows business to operate the way they want to, with no massive upfront costs. With a focus on…

Computech BusinessMan

UK company Computech IT Services offers BusinessMan, an Enterprise Resource Planning (ERP) suite.

A1 Business

A1 Business is primarily a financial management application with both expense and asset management capabilities.

Frequently Asked Questions

What is ERP software?

ERP software is a system that centralizes the management of customers' orders and product delivery, including supply chain management, order management, manufacturing, accounting, and analytics, among other functions.

Who uses ERP systems?

ERP products can be used by employees across the organization. Personnel in finance and accounting departments are the most frequent users of ERP systems.

What are the core features of ERP software?

The core feature of ERP software is its centralization of business data and processes for production and customer order fulfillment. This unified platform frequently includes features for accounting, order management, logistics, and supply chain management.

How much does ERP software cost?

ERP software is most commonly priced per user, and depending on the feature set available. Some advertised prices are in the range of $7,500/user/year for leading products.

What are the different types of ERP?

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.