7+ BEST ERP Software for 2022 [Ranked]

Table of Contents

What is Enterprise Resource Planning (ERP) Software?

Enterprise Resource Planning (ERP) Software helps to integrate all of an organizations departments into a single system.

Integrated departments often include accounting/finance, human resources (HR), manufacturing, project portfolio management, supply chain management, among others.

Important ERP software categories include:

Small Business Enterprise Resource Planning (ERP) Software is used by small and mid-sized businesses (SMBs) to integrate all of an organization’s departments (e.g., billing, accounting, marketing, sales, IT) into a single integrated system.

Manufacturing ERP Software is an end-to-end ERP solution that helps manufacturers with meeting various tasks relevant to an organization, including inventory (tracking, control, management), demand forecasting, ordering, production, quoting, warehouse management, payment tracking, and testing and QA.

Manufacturing ERP systems are designed to touch all aspects of a product-based business.

Having all departments work in one centralized system helps facilitate a more transparent business.

It can also provide insight into how supply chain factors impact business efficiency.

Related software categories in manufacturing ERP include:

Best ERP Software

#1 Microsoft Dynamics

Microsoft Dynamics is a cloud-based ERP software that offers a comprehensive suite of business applications. The software is designed to help businesses manage customer relationships, finances, operations, and supply chains. Dynamics also offers tools for analytics and reporting, making it a complete solution for businesses of all sizes.

Dynamics offers a flexible pricing model that allows businesses to pay based on their use of the software. The software is available in three editions: Business edition, Enterprise edition, and Ultimate edition.

Businesses can also purchase add-on modules to extend the functionality of the software. These modules include Customer Relationship Management (CRM), Business Intelligence (BI), and eCommerce.

Microsoft Dynamics is a comprehensive ERP software solution that offers a full suite of business applications. The software is designed to help businesses manage customer relationships, finances, operations, and supply chains. Dynamics also offers tools for analytics and reporting, making it a complete solution for businesses of all sizes.

Businesses can also purchase add-on modules to extend the functionality of the software. These modules include Customer Relationship Management (CRM), Business Intelligence (BI), and eCommerce.

Microsoft Dynamics is the best ERP software for businesses that are looking for a comprehensive solution that offers a full suite of business applications.

What is Microsoft Dynamics 365? [Introduction to D365 Finance and Operations

#2 Oracle NetSuite

Oracle NetSuite is a comprehensive, integrated business software suite that enables companies to manage all key business operations in a single, unified system. NetSuite includes accounting, inventory, customer relationship management (CRM), e-commerce, and enterprise resource planning (ERP) capabilities in a single, integrated cloud-based system.

NetSuite was founded in 1998 as WebOrder by Evan Goldberg, then CTO of Oracle Corporation. The company was acquired by Oracle Corporation in November 2016 for $9.3 billion.

Oracle NetSuite is used by companies of all sizes across a wide range of industries, including retail, wholesale distribution, manufacturing, services, technology, nonprofit organizations, and healthcare.

#3 SAP Business One

SAP Business One is an integrated Enterprise Resource Planning (ERP) software solution designed specifically for small and medium-sized businesses. SAP Business One offers a complete suite of business applications, including accounting, CRM, and inventory management.

SAP Business One is available in two editions: Standard edition and Professional edition. The Professional edition includes additional features, such as advanced reporting and analytics, manufacturing, and project management.

SAP Business One is a complete ERP software solution that enables businesses to manage all key business operations in a single system. The software is designed specifically for small and medium-sized businesses and offers a comprehensive suite of business applications.

SAP Business One is the best ERP software for small and medium-sized businesses that are looking for a complete solution to manage all key business operations.

SAP Business One Review: Key Features, Pros And Cons, And Alternatives

#4 Sage Intacct

Sage Intacct is a cloud-based financial management and accounting software solution for businesses of all sizes. The software offers a comprehensive suite of financial applications, including accounting, accounts payable, accounts receivable, cash management, and order management.

Sage Intacct also provides users with real-time visibility into their financial data, which can help them make more informed business decisions.

Sage Intacct is a great choice for businesses that are looking for a comprehensive and scalable financial management solution. The software is easy to use and offers a wide range of features and functionality. Sage Intacct is also highly customizable, so businesses can tailor the software to their specific needs.

#5 Syspro

Syspro is an ERP software that helps businesses streamline their operations and improve their bottom line. It offers a comprehensive suite of modules that cover all aspects of business management, from accounting and finance to supply chain and manufacturing.

Syspro has been on the market for over 30 years, and in that time, it has earned a reputation as a robust and reliable solution. It is used by businesses of all sizes, across a range of industries.

One of the key benefits of Syspro is its flexibility. It can be deployed on-premise or in the cloud, and it can be customized to meet the specific needs of each business. This makes it an ideal solution for businesses that are looking for an ERP system that can grow with them.

Another key benefit of Syspro is its focus on user experience. The software is designed to be easy to use, with a clean and intuitive interface. This makes it much simpler for businesses to get up and running with the system, and reduces the need for training and support.

If you’re looking for an ERP system that can help your business streamline its operations and improve its bottom line, then Syspro is definitely worth considering.

#6 Infor

Infor is a global leader in enterprise resource planning (ERP) software. The company’s solutions are used by more than 70,000 organizations worldwide.

Infor’s ERP software is designed to help businesses manage their core operations, including financials, supply chain, and human resources. The company’s products are built on a modern architecture that is scalable, flexible, and easy to use.

Infor’s ERP software is available in the cloud or on-premise. The company offers a wide range of deployment options to meet the needs of businesses of all sizes.

Infor is headquartered in New York City. The company has offices in more than 100 countries around the world.

#7 Odoo

Odoo is a comprehensive set of business applications that cover all aspects of a company’s operations, including Sales, CRM, Project Management, Manufacturing, Inventory, Accounting, and more.

Odoo is available in two editions: Odoo Enterprise and Odoo Community. Odoo Enterprise is suitable for businesses with specific needs and requirements, while Odoo Community is ideal for small businesses and startups.

Features:

Comprehensive set of business applications
Available in two editions: Enterprise and Community
Suitable for businesses of all sizes
Scalable and customizable

Features to Look For in ERP Software

Not all ERP software solutions are created equal.

When you’re looking for an ERP system for your business, it’s important to keep an eye out for the following features:

Ease of use

The best ERP software solutions are designed to be easy to use. They should have a clean and intuitive interface that makes it simple for users to get up and running with the system.

Flexibility

The best ERP systems are highly flexible and can be customized to meet the specific needs of each business. This ensures that the system can grow with the business over time.

Scalability

The best ERP systems are scalable, so they can accommodate businesses of all sizes. This is important for businesses that are looking to expand in the future.

Cost

The cost of an ERP system will vary depending on the features and functionality you require. However, it’s important to get a system that fits within your budget.

Support

When you’re choosing an ERP system, it’s important to make sure that you have access to reliable support.

This can be invaluable if you run into any problems with the system down the line.

What is Enterprise Resource Planning (ERP) Software?

What Are the Benefits of Using ERP Software?

There are numerous benefits of using ERP software for businesses, including:

Improved efficiency

ERP software can help businesses to streamline their operations and improve their overall efficiency.

This can lead to significant cost savings and improved productivity.

Improved decision making

ERP software provides businesses with access to real-time data that can be used to make better-informed decisions.

This can help businesses to improve their bottom line.

Improved customer service

ERP software can help businesses to improve their customer service by providing them with the tools they need to manage their orders and inventory more effectively.

FAQs – ERP Software

What is ERP software?

ERP software is a type of business application that helps businesses to manage their core operations, including financials, supply chain, and human resources.

What are the benefits of using ERP software?

There are numerous benefits of using ERP software for businesses, including improved efficiency, improved decision making, and improved customer service.

How much does ERP software cost?

The cost of an ERP system will vary depending on the features and functionality you require. However, it’s important to get a system that fits within your budget.

Which is the best ERP software?

The best ERP software solution for your business will depend on your specific needs and requirements.

However, some of the best ERP software solutions on the market include SAP Business One, NetSuite, and Dynamics 365.

How do I choose an ERP system for my business?

When you’re choosing an ERP system for your business, it’s important to keep an eye out for the following features: ease of use, flexibility, scalability, cost, and support.

Conclusion – ERP Software

ERP software is a type of business application that can help businesses to manage their core operations, including financials, supply chain, and human resources.

There are numerous benefits of using ERP software for businesses, including improved efficiency, improved decision-making, and improved customer service.

The cost of an ERP system will vary depending on the features and functionality you require.

However, it’s important to get a system that fits within your budget. When you’re choosing an ERP system for your business, it’s important to keep an eye out for the following features: ease of use, flexibility, scalability, cost, and support.