Enterprise resource planning (ERP) is considered a category of business-management software—typically a suite of integrated applications. An organization can use ERP to collect, store, manage and interpret data from many business activities. Enterprise Resource Planning (ERP) is important for a company to fulfill these tasks in proper way:-
- Financial Accounting and Controlling
- Quality Management
- Production Management
- Streamline Staff Management Process
- Manage Human Resources and Payroll
- Material Management
- Supply Chain Management
- Project System Management
ERP systems offer many advantages, but this software can not one-size-fits-all solutions. Implementing ERP can be a complex and costly process, and organizations need to carefully consider their specific needs, budget, and resources before deciding to implement an ERP system. It’s essential to choose the right ERP solution and plan for a successful implementation.
Here I am sharing Popular ERPs in world contemporarily:
1.SAP: The SAP system is a German software which is the most-used ERP software in the market and contains hundreds of fully integrated modules covering nearly every aspect of business management. This system embeds industry best practices for a broad set of industries, including services, manufacturing, public sector.
2. Microsoft: The Microsoft systems featured in our popular ERP systems report include Dynamics 365 Finance & Supply Chain and Dynamics 365 Business Central. Both systems provide integrated reporting and visualization through Power BI.
3. Oracle NetSuite: This ERP system is based on cloud-native architecture. It is an all-in-one cloud solution that provides real-time visibility into operational and financial performance. The solution is designed for all kind (Small-mid-large) of organizations.
4. Oracle: The Oracle system featured in our top ERP systems report is Oracle Fusion Cloud Supply Chain & Manufacturing. It is an integrated application suite which includes blockchain and IoT capabilities that connects operational, customer, product, and machine data.
5. Acumatica: Acumatica is a cloud-based ERP system with micro-vertical functionality specially for small and mid-sized businesses. Some of the industries it supports include manufacturing, construction, energy & utilities, healthcare, and non-profit.
6. Epicor: Epicor provides cloud and on-premises solutions for a variety of industries. The ERP systems featured in our report include Epicor Prophet 21 for Distribution, Epicor Eagle for Retail, Epicor Kinetic for Manufacturing, and Epicor BisTrack for Lumber & Building Material.
7. IFS: IFS Cloud is tailored for the aerospace & defense, engineering, construction & infrastructure, energy, utilities & resources, manufacturing, and service industries. It is a single solution designed for large enterprises and mid-sized organizations.
8. Infor: The Infor systems featured in top ERP systems report and these are Infor’s Industry Cloud Suites. These Cloud Suites feature pre-built industry capabilities along with AI that anticipates, recommends, and derives insights.
9. Priority: Priority’s open SaaS cloud ERP platform is meant for organizations of all sizes. It has been designed for various industries such as manufacturing, wholesale and distribution, healthcare, medical devices, pharmaceutical, financial services, retail, and more.
10. Sage: Sage is mainly known for its accounting, payroll, and payment systems. This software provides solutions for all industries and is designed for startup, scale-up, and enterprise companies.
11. Odoo: Odoo is enterprise resource planning software which is used by companies-widely for the management of business processes.
12. Workday ERP: Workday ERP is a true cloud, unified SaaS software system for finance, HCM, planning, professional services automation, project management, analytics, and BI.
