Top 54 Enterprise Resource Planning Software (Jan 2024)

2023's Best 55 Enterprise Resource Planning Systems

Shlomi LaviShlomi Lavi / Jan 22, 2024

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1. SAP ERP

  • Best for: Large business
  • Price: starts at $108 per user/month
  • Jan 25, 2023
Compare SAP ERP Vs. SAP ERP

SAP ERP is a cloud ERP suite that offers resource planning and business management solution designed to offer the users the financial transparency they need to execute growth plans, expand margins, and satisfy customers. It offers end-to-end with fully integrated business functions, automated proces...


2. Workfront

  • Best for: Small, medium and large size businesses
  • Price: starts at $30 per user/month
  • Mar 01, 2023
Compare Workfront Vs. SAP ERP

Workfront is a cloud-based project management software that aims at helping teams collaborate, prioritize tasks, report on their work, and any other project management capabilities. The software has a library of standard reports which a user can access and use or customize them to meet the company’s...


3. Global Shop Solutions ERP

  • Best for: SMBs
  • Price:
  • Mar 09, 2022
Compare Global Shop Solutions ERP Vs. SAP ERP

Global Shop Solutions One System ERP Solutions is a cloud-based enterprise resource planning (ERP) software solution that helps the small to midsize businesses manage their manufacturing activities as well as operations.


4. Multiview

  • Best for: Small, medium and large size businesses
  • Price: starts at $150 per user/year
  • Mar 11, 2022
Compare Multiview Vs. SAP ERP

Multiview Financial Software is a cloud-based modular financial management system that incorporates accounts payable, accounts receivable, purchase order management, a general ledger, inventory management, business intelligence, order management, document management, and more.


5. OptiProERP

  • Best for: SMBs
  • Price: starts at $700 per license
  • Mar 12, 2022
Compare OptiProERP Vs. SAP ERP

OptiPro ERP is a cloud-based enterprise resource planning solution that is custom made for small-sized and medium-sized manufacturers. OptiPro ERP is designed for growing businesses since it has a highly scalable index.


6. Odoo

  • Best for: SMBs
  • Price: starts at $6 per user/month
  • Dec 28, 2022
Compare Odoo Vs. SAP ERP

Odoo is a customizable fully integrated, and open-source project management software with a plethora of business applications such as manufacturing, project management, CRM, accounting, inventory and some other business requirements integrated into one solution.


7. 7shifts

  • Best for: Small, medium and large size businesses
  • Price: starts at $17.99 per location/month
  • Apr 24, 2022
Compare 7shifts Vs. SAP ERP

7shifts is a web based restaurant employee scheduling solution for businesses of all sizes. Its capabilities include labor cost forecasting, multi-location support, email notifications, and others. The software was designed and launched by 7shifts headquartered in Ottawa, Canada.


8. FlexiBake ERP

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $225 per month
  • Mar 23, 2022
Compare FlexiBake ERP Vs. SAP ERP

FlexiBake ERP is a manufacturing software built to enable bakeries to manage their production, distribution, and inventory.


9. Infor VISUAL

  • Best for: SMBs
  • Price: starts at $12,000 per license
  • Apr 15, 2022
Compare Infor VISUAL Vs. SAP ERP

Infor VISUAL is an Enterprise Resource (ERP) software solution. This ERP software helps companies improve several processes and several aspects of manufacturing such as growing customer pressures, coping with rising globalization, extending the supply chain, growing customer pressures, and increasin...


10. Passport Business Solutions

  • Best for: Small, medium and large size businesses
  • Price: starts at $995 per license
  • Jun 02, 2022
Compare Passport Business Solutions Vs. SAP ERP

Passport Business Solutions (PBS) is an accounting software that helps increase business profitability. This software provides entry-level solutions and enables companies to structure a system that is peculiar to their needs.


Pricing Guide - Enterprise Resource Planning Software:

Enterprise Resource Planning (ERP) Software Price Range

ERP software products are divided into three tiers, and each tier has its price ranges. Also, the prices are set on a per/user per/month basis. The price ranges for ERP software are $20 to $50, $50 to $200, and $200 upwards for each respective tier. The price ranges represent the basic or entry-level offerings from each vendor; hence, robust or more feature-packed offerings will start at significantly higher prices per month. For example, Odoo pricing starts from $20 per user monthly, MIE Track Pro pricing starts from $125 per user monthly, and RealTrac cost is around $169 per month.

In addition to this, ERP software products are also priced based on their target organization size; hence prices may differ.

  • Small Businesses can expect to pay between $10 to $50 for an ERP software, and the prices are set on a per-user, per month basis. The number of users chosen on a given package also determines the prices. Some examples are Wrike, which starts from $10 per user monthly, Britix24, which is priced at $24 per user monthly, and Ecount ERP, which starts from around $50 per user monthly.
  • Medium Businesses can expect prices that range from $70 to $200 for ERP software. Again, most of the prices are set on a per user, per month basis, and the number of user accounts can also influence prices. For example, Paragon ERP pricing is around $150 per user monthly, SyteLine pricing starts from $100 per user monthly, and Visco costs up to $95 per user per month. Also, some software have perpetual licenses, and an example is BatchMaster, which costs a one-time fee of $2,000 per user.
  • Large Businesses can expect prices which start from $200, and that can go as high as $1,000 per user, per month. ERP offerings for large businesses are more feature-packed, and they usually include accounts for more users. For example, WhereFour pricing starts from $400 per user monthly, while MultiView starts from $999 per month for a number of user accounts.

ERP software best of breeds and their price ranges are as follows:

  • Supply Chain Management Software The prices for most supply management software in the market are based on a per user, per month basis, and they can be divided into three tiers. The price ranges are $20 to $100, $100 to $1,000, and $1,000 above, depending on the level of package. For example, Margin Point Mobile Inventory costs $89 per user monthly, InfoPlus $696 per month, and Activate $5,000 per month.
  • Warehouse Management Software Most software in this category have standard offerings for SMBs and more premium offerings for large-sized businesses. Businesses can expect to pay $70 to $200 for standard offerings and between $1,000 to as high as $50,000 for premium packages. However, note that the small offerings are usually set per month, while the premium offerings are usually perpetual licenses. For example, Finale Inventory starts from $99 per month, and FlowTrac pricing starts from $130 per month. Meanwhile, Warehouse Management Suite costs 10,000 per license and DataScope 18,000 for a one-time fee per user.
  • Distribution Software Distribution software pricing ranges from $50 to $200 for those set on a per-user per month basis. On the other hand, other distribution software have perpetual licenses that cost between $5,000 to $20,000, although products with perpetual licenses may have separate fees for installation and training. For example, BizAutomation starts from $79 per month, and Nowcommerce for QuickBooks costs $100 monthly. Alternatively, Oneir and WinFDS cost one-time fees of 10,000 and 15,000, respectively.
  • Material Requirements Planning (MRP) Software Most Material Requirement Planning software pricing falls between $15 to $150, and they are usually set on a per-user, per month basis. However, there are others with more robust features that can cost as high as $1,000. For example, MRPeasy pricing starts from $49 per user monthly, Total ETO costs from $85 per user monthly, and MasterControl Manufacturing Excellence costs $1,000 per month.
  • Workforce Management Software Most workforce management products in the market have prices that fall between $15 to $150, and they are usually set on a per-user, per month basis. For example, Jobber starts from $29 per user monthly and SynchroTeam from $22 per user monthly, but Outplacement has a one-time fee of $499 per user.

11. IQMS Manufacturing ERP

  • Best for: Small, medium and large size businesses
  • Price: starts at $25,000 per license
  • Jul 16, 2022
Compare IQMS Manufacturing ERP Vs. SAP ERP

DELMIAworks is a cloud-based ERP software that allows manufacturers to manage a central database to remove data islands and redundant integrations.


12. FlexiBake-On-The-Cloud

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $225 per month
  • Apr 16, 2022
Compare FlexiBake-On-The-Cloud Vs. SAP ERP

FlexiBake-On-The-Cloud is an enterprise resource planning solution for businesses of all sizes. It offers such capabilities as user management, data security, safe collaboration, and others. The software was designed and launched by FlexiBlake Ltd headquartered in British Columbia, Canad...


13. Zangerine

  • Best for: Small businesses and start ups
  • Price: starts at $149 per month
  • Oct 06, 2022
Compare Zangerine Vs. SAP ERP

Zangerine is a cloud-based distribution management software solution that helps organizations of varying capacities to manage a database of products in multiple warehouses. It helps users to also optimize SEO strategies for their content through the addition of product-specific titles and meta tags....


14. COSS ERP

  • Best for: SMBs
  • Price:
  • May 16, 2022
Compare COSS ERP Vs. SAP ERP

COSS ERP is an enterprise resource planning (ERP) software which optimizes and simplifies business operations through the use of automated tools.


15. BatchMaster ERP

  • Best for: SMBs
  • Price: starts at $2,000 per license
  • Nov 04, 2022
Compare BatchMaster ERP Vs. SAP ERP

BatchMaster ERP is a standalone ERP program designed for the process manufacturing industry. It may work alone or be integrated with Sage 100 ERP, Sage 300 ERP and Quickbooks Enterprise and other back-end financial applications. BatchMaster ERP was developed by BatchMaster Software, a US based comp...


16. Paragon ERP

  • Best for: Small, medium and large size businesses
  • Price: starts at $150 per month
  • May 15, 2022
Compare Paragon ERP Vs. SAP ERP

Paragon ERP software is a cloud-hosted enterprise resource planning suite fit for small businesses in every industry. Users of Paragon ERP get access to tools that help them help to manage their business operations from customer service, product management, sales, logistics, and human resources.


17. Exact Globe Next

  • Best for: Small, medium and large size businesses
  • Price: starts at $225 per license
  • Apr 27, 2022
Compare Exact Globe Next Vs. SAP ERP

Exact Globe Next is an enterprise resource planning solution for small and medium businesses. It offers such capabilities as business intelligence, inventory management, manufacturing, project management, and others. The software was designed and launched by Exact headquartered in Califo...


18. Realtrac

  • Best for: Small businesses and start ups
  • Price: starts at $99 per month
  • Apr 28, 2022
Compare Realtrac Vs. SAP ERP

Realtrac is an enterprise resource planning solution for businesses of all sizes. It offers such capabilities as bills of material, process manufacturing, quote management, and others. The software was designed and launched by Mindbridge Systems Inc headquartered in California, United States.


19. SDS4 Distribution

  • Best for: Small businesses and start ups
  • Price: starts at $1,295 per license
  • May 14, 2022
Compare SDS4 Distribution Vs. SAP ERP

SDS4 Distribution is a program that offers complete solution to the various processes involved in companies under the industry of aerospace and electronic component distribution. It automates processes from accounting to inventory making everything quicker, simpler, and real-time. It can be implemen...


20. BusinessMan CRM/ERP

  • Best for: Small businesses and start ups
  • Price: starts at $59 per user/month
  • May 23, 2022
Compare BusinessMan CRM/ERP Vs. SAP ERP

BusinessMan CRM/ERP is a cloud and premise-based business management software that helps users to monitor and manage their enterprises; it can be customized to meet the needs of the company. The features in this software make it possible for users to track orders, view sales reports, create tasks et...


21. ePROMIS

  • Best for: Small, medium and large size businesses
  • Price:
  • May 23, 2022
Compare ePROMIS Vs. SAP ERP

ePROMIS is a cloud-based Human Resources Software that allows its users to organize and manage the cycle of human resources in an organization through the management and processing of Employee payroll, performance, attendance and more.


22. contractERP

  • Best for: Small, medium and large size businesses
  • Price:
  • May 18, 2022
Compare contractERP Vs. SAP ERP

ContractERP is an enterprise resource planning solution for businesses of all sizes. It offers assistance in distribution, manufacturing, supplying, and other aspects of business operations. The software was designed and launched by Access IT headquartered in New York, United States.


23. E2Open Software

  • Best for: Small, medium and large size businesses
  • Price:
  • May 23, 2022
Compare E2Open Software Vs. SAP ERP

E2Open is a supply chain management software built for businesses to create real-time visibility, eliminate barriers to control solutions, and empower clients.


24. WorkWise ERP Software

  • Best for: SMBs
  • Price: starts at $60 per user/month
  • Jun 10, 2022
Compare WorkWise ERP Software Vs. SAP ERP

Workwise Software is an ERP and CRM software for manufacturers to streamline business processes, automate sales and marketing processes, get a view over activities, and improve communication systems.


25. E2 Manufacturing System

  • Best for: SMBs
  • Price:
  • Jun 15, 2022
Compare E2 Manufacturing System Vs. SAP ERP

E2 Manufacturing System is a cloud-based ERP software solution that enables users to create a transparent operation by including more information such as pictures into their price quotes and information.


26. Made2Manage ERP

  • Best for: SMBs
  • Price: starts at $5,000 per user/month
  • Jun 16, 2022
Compare Made2Manage ERP Vs. SAP ERP

Made2Manage ERP is a cloud-based Enterprise Resource Planning software that is intended for manufacturers in dynamic “to-order”, job shops and mixed-mode settings. The software solution targets SMB manufacturers in multiple industry verticals like fabricated metal, electronic and industrial equipmen...


27. RamBase

  • Best for: Small, medium and large size businesses
  • Price: starts at $49 per user/month
  • Jun 22, 2022
Compare RamBase Vs. SAP ERP

Rambase is an internet-based ERP software designed for companies to exercise control over their manufacturing processes, get industry-specific solutions, maintain standard business processes, and enhance company activities total visibility.


28. Total ETO

  • Best for: SMBs
  • Price: starts at $85 per user/month
  • Jan 08, 2022
Compare Total ETO Vs. SAP ERP

Total ETO is a discrete manufacturing software for custom design manufacturers to monitor actual costs against estimates, track and close business deals, track and manage inventory, and empower management with real-time information.


29. Sparkrock Software

  • Best for: Small, medium and large size businesses
  • Price: starts at $5,170 per month
  • Jun 22, 2022
Compare Sparkrock Software Vs. SAP ERP

Sparkrock is a cloud-based accounting software that interpolates the elements of finance management and HR management into a single solution designed to streamline accounting operations and increase productivity.


30. Oracle E-Business Suite

  • Best for: Small, medium and large size businesses
  • Price: starts at $895 per license
  • Jun 15, 2022
Compare Oracle E-Business Suite Vs. SAP ERP

Oracle E-Business Suite is a cloud-based integrated enterprise resource planning (ERP) solution. It is one of the premium offerings of Oracle Corporation, as well as, one of the leaders in database management systems.


31. Enterprise 21

  • Best for: SMBs
  • Price: starts at $3,500 per license
  • Jun 16, 2022
Compare Enterprise 21 Vs. SAP ERP

Enterprise 21 is a cloud-based enterprise resource planning that is developed to be used by individuals as well as by businesses that are either in the manufacturing businesses or that are doing distribution work.


32. PENTA Construction ERP Software

  • Best for: Small, medium and large size businesses
  • Price: starts at $5,000 per license
  • Jun 22, 2022
Compare PENTA Construction ERP Software Vs. SAP ERP

PENTA Construction ERP is a construction software that integrates construction accounting, project management, payroll, and equipment management in one system.


33. MRPEasy cloud ERP for Manufacturing and Distribution SMEs

  • Best for: Small businesses and start ups
  • Price: starts at $49 per user/month
  • Jun 20, 2022
Compare MRPEasy cloud ERP for Manufacturing and Distribution SMEs Vs. SAP ERP

MRPEasy is a manufacturing software that offers management of production, stock, finances, purchases, teams, and customers.


34. Microsoft Dynamics NAV

  • Best for: Small, medium and large size businesses
  • Price: starts at $185 per user/month
  • Jun 23, 2022
Compare Microsoft Dynamics NAV Vs. SAP ERP

Microsoft Dynamics NAV is comprehensive ERP software which is structured to improve the functionalities of small and mid-sized businesses. With the proper use of Microsoft Dynamics NAV, business owners are able to make decisions easily and manage the activities of the company smoothly. The architect...


35. Sage Business Cloud Enterprise Management

  • Best for: Small, medium and large size businesses
  • Price: starts at $40,000 per year
  • Jul 04, 2022
Compare Sage Business Cloud Enterprise Management Vs. SAP ERP

Sage Business Cloud Enterprise Management is a cloud-based ERP system that enables businesses to reduce the high cost associated with enterprise management as an effective way of business management.


36. ePROMIS HCM

  • Best for: Small, medium and large size businesses
  • Price:
  • Jun 25, 2022
Compare ePROMIS HCM Vs. SAP ERP

ePROMIS HCM is a human resource management solution for businesses of all sizes. It offers such capabilities as career development planning, training management, vacation and leave tracking, and others. The software was designed and launched by ePROMIS Solutions headquartered in Texas, United States...


37. Fulcrum

  • Best for: SMBs
  • Price: starts at $15 per month
  • Jul 02, 2022
Compare Fulcrum Vs. SAP ERP

Fulcrum is a leading cloud-based data collection and mobile form solution that enables users to use a drag and drop builder to create custom forms without knowledge of coding. Its location management module aids users to collect geodata efficiently and accurately on mobile devices without an interne...


38. Agility

  • Best for: Small, medium and large size businesses
  • Price: starts at $47 per user/month
  • Jul 06, 2022
Compare Agility Vs. SAP ERP

Agility is an on-premise medical practice management solution that is developed to be used in hospitals and clinics of all sizes. The solution is developed to be used in disciplines of all kinds in the medical field including general care services, family care services, ambulatory services, occupati...


39. ClearView InFocus

  • Best for: Small, medium and large size businesses
  • Price: starts at $24 per employee/month
  • Jul 05, 2022
Compare ClearView InFocus Vs. SAP ERP

ClearView InFocus is a billing, invoicing and project management solution for your business. The software was designed and launched by ClearView Software and seeks to provide high end A/E solution at an affordable price. The software solution also offers frequent updates based on client response. 


40. ActivityTimeline

  • Best for: Small, medium and large size businesses
  • Price: starts at $2.50 per user/month
  • Jun 07, 2023
Compare ActivityTimeline Vs. SAP ERP

In the fast-paced world of project management, resource capacity planning can be a make-or-break factor in the success of any endeavor. That is where ActivityTimeline, the cutting-edge resource capacity planning plugin for Jira, steps in to revolutionize the way teams manage their resources and achi...


41. ApparelMagic

  • Best for: Small, medium and large size businesses
  • Price: starts at $120 per month
  • Apr 04, 2022
Compare ApparelMagic Vs. SAP ERP

ApparelMagic is an apparel management software developed to boost fashion businesses sales volume. The software monitors ongoing costs from shipping costs to labour expenses automatically.


42. Omnna ERP

  • Best for: Small businesses and start ups
  • Price: starts at $1,000 per month
  • Mar 16, 2022
Compare Omnna ERP Vs. SAP ERP

Omnna is a distribution software designed to help businesses set pricing plans, make adjustments on prices and increase net profit. The software also tracks and view all inventory movements.


43. PIC ERP

  • Best for: Small, medium and large size businesses
  • Price:
  • Feb 22, 2022
Compare PIC ERP Vs. SAP ERP

PIC ERP is an ERP software designed to enable businesses to regulate inventory movements, automate data update and entry, and define containers and shipments.


44. Pronto Xi

  • Best for: Small, medium and large size businesses
  • Price:
  • Jul 05, 2022
Compare Pronto Xi Vs. SAP ERP

Pronto Xi provides an Enterprise Resource Planning (ERP) solution. The product includes Financials, Distribution, Sales & Marketing, Supply Chain Management, Manufacturing and Asset & Facility Management. Pronto Software, the developer of Pronto Xi, has been offering ERP solutions for over 30 yea...


45. The Plex Manufacturing Cloud

  • Best for: Small, medium and large size businesses
  • Price: starts at $3,000 per month
  • Jul 05, 2022
Compare The Plex Manufacturing Cloud Vs. SAP ERP

The Plex Manufacturing Cloud is a cloud-based enterprise resource planning (ERP) software product. It is designed for medium-sized and large businesses. It has modules for production management, inventory management, product and program management, supply chain management, quality management, custom...


46. Kler CBD

  • Best for: Small, medium and large size businesses
  • Price: starts at $99 per user/month
  • Apr 17, 2022
Compare Kler CBD Vs. SAP ERP

KLER CBD is an inventory management software that helps cannabis businesses control every aspect of the cannabis supply chain, from cultivation to manufacturing to retail sales.


47. EZMaxPlanner

  • Best for: Small, medium and large size businesses
  • Price:
  • Jan 22, 2024
Compare EZMaxPlanner Vs. SAP ERP

In the dynamic world of modern industries, staying ahead requires effective planning and streamlined work order management. This is where EZMaxPlanner steps in, a game-changing tool designed to make work order management and allocation with IBM Maximo easier and faster than ever before. Let us delve...


48. Provakil

  • Best for: Small, medium and large size businesses
  • Price:
  • Jan 21, 2024
Compare Provakil Vs. SAP ERP

Provakil is a legal operations software that provides full-spectrum control over your legal operations. It was founded by lawyers and software engineers with the aim of making businesses more efficient, and compliant and reducing their risk exposure. Provakil is designed for businesses of all sizes,...


49. Composity

  • Best for: Small businesses and start ups
  • Price: starts at $25 per month
  • Jul 12, 2022
Compare Composity Vs. SAP ERP

Composity is an enterprise resource planning (ERP) software offering users with the comprehensive ERP tools plus other business management modules.


50. FinancialForce

  • Best for: Medium and large size businesses
  • Price: starts at $9,000 per year
  • Jul 14, 2022
Compare FinancialForce Vs. SAP ERP

Financial Force is a cloud-based professional services automation software that’s built to help companies manage their finances, sales as well as services optimally. The software enables multiple departments in an organization to share a common workflow and reporting tools and this helps them to wor...


51. M-Soft-Time

  • Best for: Small business, Large business
  • Price:
  • Jan 18, 2024
Compare M-Soft-Time Vs. SAP ERP

M-Soft-Time is a software solution for human resource management, time recording, and access control. It is designed for companies that want to conveniently manage their personnel, quickly record and calculate attendance hours and monitor their access.


52. ProShop

  • Best for: Small businesses and start ups
  • Price: starts at $650 per month
  • Jul 19, 2022
Compare ProShop Vs. SAP ERP

ProShop is a manufacturing ERP software that enables manufacturers to improve execution processes to ensure labor savings and setup reductions.


53. K9ERP

  • Best for: SMBs
  • Price: starts at $119 per license
  • Jul 29, 2022
Compare K9ERP Vs. SAP ERP

K9ERP is a cloud-based Enterprise Resource Planning software that helps businesses streamline processes, fast-track growth, and maximize efficiency, profitability, and productivity. The software can control many items from purchase orders to internal receiving.


54. ToolTrack

  • Best for: Small businesses and start ups
  • Price: starts at $50,000 per year
  • Jul 29, 2022
Compare ToolTrack Vs. SAP ERP

ToolTrack is a leading cloud-based Manufacturing software, it is designed to support small and medium size business. ToolTrack received a rating of 4.5 from ITQlick team. The software cost is considered affordable (2/5) when compared to alternative solutions.



A Buyer's Guide to Enterprise Resource Planning Solutions

ERP Software Buyer’s Guide
 
Used by thousands of companies across the globe, ERP or Enterprise Resource Planning will not only increase the revenue and profitability of your business, it will also make your people technologically smarter. ERP delivers higher scale of automation. It integrates all business processes into a single system that offers synchronization of data. Supply chain, HR, order processing, manufacturing, support services, accounting, customer relationship and more; ERP streamlines all the processes of these functional areas of your business.
 Ask a corporate executive about the top ERP vendors and he can instantly name two or three of them for sure. If there is one business solution to invest on, choose ERP. In this Buyer’s Guide, we at ITQlick.com will brief you on the right acquisition steps to consider for ERP solutions. Whether you already have the system in place or just about to buy one, learning the smart ways in buying ERP solution will give your company tons of benefits in the long run.
 
Types
The evolution of ERP system has been so fast that while most companies are just on the peak of enjoying the capability of this system, new and better versions keep on coming year after year. Let’s have a quick review. SAP R/3, Microsoft Dynamics AX, JD Edwards EnterpriseOne, and Oracle e-Business Suite Financials are among of the top ERP solutions in the market in the last five to ten years. But the question today is: are they for your business or could there be other better brands? A good way to answer this question is by understanding first the types of ERP solutions.
 
There are two broad classifications of ERP: Horizontal ERP and Vertical ERP. Horizontal ERP can be considered as one-size-fits-all solution. Why? It’s because the top horizontal ERP solutions, which we just mentioned above, can be acquired by any company of any size in whatever industry. Vertical ERP are industry-specific solutions. Meaning, if you’re in a pharmaceutical industry, your products, services, and information are in many aspects unique. A dedicated system is required for synchronizing processes related to them.
 
Another classification of ERP system is by method of deployment. These days, trade-offs between accessibility and efficiency can already be considered as half-way solved. With the advancements in ICT, a manager today can check if his weekly sales went up while driving his SUV along the country side on a Saturday afternoon. Now, check these different ERP deployment models and figure out which one is right for your business.
 
On-premise
ERP is running on your own server at the location of your choice. Your IT team handles its overall operation and maintenance.
 
Hosted
A third party (host) will provide the servers. The software is provided by the ERP vendor. You will run the system at its full capacity.
 
Public Cloud
Public cloud is owned by a third-party and since its “public”, there are other companies, other than yours, whose ERP is hosted in the same cloud. Cloud-based ERP usually doesn’t require your IT team anymore.
 
Private Cloud
Usually, your ERP solution provider is the same provider of the cloud servers or cloud infrastructures. You have your cloud-based ERP exclusively running in a private cloud network.
 
Hybrid
There are multiple platforms that run your ERP system. This is utilizing the private connection between platforms to distribute your workloads to the optimal environment.
 
Features
An ERP package is consisting of different modules that are equivalent to the functional areas or departments in your organization. ERP solution providers employ the so-called “depth of functionality” in their ERP package. It means that the ERP solution can be readily adapted by the client to support a wide range of operational execution specifics. This and four more basic features below are what you should investigate in-depth in an ERP solution.
 
Core Modules Availability
These core modules are the Financial Management, Human Resource Management, and Customer Relationship Management.
 
Wide Range of Integrated Functionality
Other than the core modules, these modules must also be available: Manufacturing, Inventory & Material Management, Sales and Distribution Management, Supplier and Purchase Management, Plant Maintenance, Excise Management and more.
 
Integration Capabilities
ERP implementation is a “Change Management” approach. It is the method of introducing to the organization a new system that will replace or refurbish the existing system. Some organization wants to retain their existing systems (also called legacy systems) by integrating it with the newer ERP system. ERP solution capable of this integration process is a must-sought after solution for your business.
 
Customization Capabilities
Although there are “as is” ERP solutions, a lot of ERP vendors offers customizable ERP. In a technical perspective, customizing an ERP is equivalent to altering the codes, interfacing other application programs, and changing some of the built-in architectures. Open-source ERP is the best example of a customizable system. It allows programmers and developers to alter the code in the software to customize for their specific needs.

Solutions per Business Size, per Vendor
When buying ERP software, there are three important factors to analyze first before proceeding with the vendor selection process. They are as follows.
 
Business Size
Mid-size market players like Epicor and Infor offers versatile and lower TCO on their solutions. Microsoft Navision and Axapta software are best recommended for SMEs. SAP and Oracle, both of which are top grosser ERP vendors, are for large enterprises. Identifying the right vendor base on business size can definitely save you time and resources.
 
Deployment Model
Epicor, Infor, and Microsoft Dynamics are leaders in on-premise solutions. Netsuite, Plex Online and Glovia are notable cloud-based ERP solution providers.  Compiere and OpenBravo are among of the best open-source ERP solution providers. Identifying which of these providers can provide optimum security and 24/7 up-time is equivalent to putting your business in a winning situation.
 
Period and Degree of Implementation
Process preparation, configuration, customization, extensions, and data migration are part of the ERP implementation process. Enterprise software solutions usually require a year or two to implement. Cloud-based solutions are mostly subscription-based and require lesser time to implement; about a month or two for SMEs. If you are keen to these implementation details, you are giving your business the opportunity to prosper while change management is still on-going.
 
Pricing Considerations
The Total Cost of Ownership (TCO) is what matters most when we talk about the price of ERP solutions. Let’s go over to the most important points when calculating TCO.
 
Type of Business and Number of Users
It is always important to remember that the number of users and the functions that are included in the ERP solution are factors that affect the price.
 
Third-party software add-ins
If you’re planning to integrate third-party software into your ERP system to boost its functionality, that’s additional 10-15% of the overall software cost.
 
Implementation Cost
There is a significant cost on top of the ERP implementation process. The ideal software cost to implementation cost ratio is 1:1.
 
On estimate, the TCO of ERP software solution for mid-sized businesses is around $150,000 to $750,000.
 
We at ITQlick.com offer assistance to ERP buyers like you in finding the right software solution for your business. Our business solution experts are always ready to give you honest advice. Tell us your pricing considerations and we will be glad to help you in any way possible.
 
Market Trends
Getting informed with the latest trends in the ERP industry can give you more insights on finding the right solution for your business.
 
The competition between Tier 1 (for large enterprises) and Tier 2 (for mid-market businesses) vendors is generally tough at present. On the positive side, this situation gives Tier 2 vendors the opportunity to improve more their offered ERP solutions. What this mean to buyers like you is that you could see more quality solutions at a considerable price in the near future.
 
Mobility of ERP is the talk-of-the-town. Development of mobile ERP apps and interfaces is the focus of many ERP vendors today. We will see lots of smarter ERP features on our mobile devices anytime from now. Relevant to this, also expect the BYOD (bring your own device) era to come into the business world.
 
Another trend to watch for is the introduction of social collaboration feature in many ERP software solutions. Big data is on the rise and what to expect on this are more automation features, integration of business intelligence, and better API’s to be seen on future ERP systems.
Finding the right Enterprise Resource Planning software for your business
Proper Enterprise Resource Planning software selections are the precursor to successful deployment and business growth. Finding the right Enterprise Resource Planning solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.