Top 54 ERP Software

2022's Best 54 ERP Systems

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1. SAP ERP

  • Best for: Large business
  • Price: starts at $56 per user/month
  • Mar 08, 2022
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. 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.


3. NetSuite OneWorld

  • Best for: Small, medium and large size businesses
  • Price: starts at $999 per month
  • Mar 09, 2022
Compare NetSuite OneWorld Vs. SAP ERP

NetSuite OneWorld is an ERP software solution that delivers real-time business-wide management. It offers a number of features that include a secure portal and analytics that allows companies to better manage their channel relationships.


4. 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.


5. EnterpriseIQ

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Mar 12, 2022
Compare EnterpriseIQ Vs. SAP ERP

Enterprise IQ/IQMS MES is cloud-based integrated Enterprise Resource Planning and manufacturing execution solution designed for manufacturing environment in small, medium size and large businesses across multiple industry verticals.


6. Smartbol Enterprise

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $39 per license
  • Mar 12, 2022
Compare Smartbol Enterprise Vs. SAP ERP

SmartBOL Enterprise is an on-premise enterprise resource planning/ warehouse management system for businesses of every size. It is a shipping documentation software for ERP with ODBC Database. SmartBOL Enterprise core features include document management, planning, electronic signature management, a...


7. SAP for SMB

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $54 per user/month
  • Mar 14, 2022
Compare SAP for SMB Vs. SAP ERP

SAP Small Business is cloud-based enterprise resource planning software that is geared towards managing the small business and mid-size business from sales and customer relationships to financials and operations.


8. Visual EstiTrack ERP

  • Best for: SMBs
  • Price: starts at $3,000 per feature
  • Mar 19, 2022
Compare Visual EstiTrack ERP Vs. SAP ERP

Visual EstiTrack is a manufacturing management solution for businesses of all sizes. It offers such services as customer management, job estimating, order management, and others. The software was designed and launched by Hanning Software Inc headquartered in Ohio, United States.


9. Sage ERP X3

  • Best for: Small, medium and large size businesses
  • Price: starts at $24,000 per year
  • Mar 15, 2022
Compare Sage ERP X3 Vs. SAP ERP

Sage ERP formerly Sage X3 is cloud-based enterprise resource planning solutions designed for a variety of businesses. The solution integrates the capabilities of sales, financial management, customer service, inventory, distribution, business intelligence, and manufacturing. It helps automate and st...


10. Priority Software

  • Best for: Small, medium and large size businesses
  • Price: starts at $100 per user/month
  • Mar 22, 2022
Compare Priority Software Vs. SAP ERP

Priority Software is a cloud-based ERP (Enterprise Resource Planning) software that allows its users to manage financial data under proper compliance to regulations and oversee their organization processes to reduce supply lead times.


Pricing Guide - ERP 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. NetSuite ERP

  • Best for: SMBs
  • Price: starts at $999 per month
  • Mar 22, 2022
Compare NetSuite ERP Vs. SAP ERP

NetSuite ERP software is a cloud-based solution that targets small and mid-sized businesses. It offers a number of features that include a revenue recognition management module that allows calculate and create accurate financial statements.


12. 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...


13. Compiere

  • Best for: SMBs
  • Price: starts at $995 per user/year
  • Jun 01, 2022
Compare Compiere Vs. SAP ERP

Compiere is an online ERP and CRM software for businesses, non-profits, and government agencies. It provides them with tools for managing their finance and sales, granting access to customize the solutions that fit their businesses.


14. Plexxis Mosaic

  • Best for: Small, medium and large size businesses
  • Price: starts at $40,000 per license
  • Jun 07, 2022
Compare Plexxis Mosaic Vs. SAP ERP

Plexxis Mosaic is a cloud-based ERP (Enterprise Resource Planning) that allows subcontractors to manage Estimating, Accounting, and Field operations under a single centralized system.


15. MomentumPro

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Mar 29, 2022
Compare MomentumPro Vs. SAP ERP

MomentumPro is an ERP software for wholesalers to manage and monitor sales, automate business functions, improve marketing and finance, and enhance procurement services.


16. E2 Shop System

  • Best for: SMBs
  • Price: starts at $4,995 per license
  • Jun 14, 2022
Compare E2 Shop System Vs. SAP ERP

Shoptech, the company behind this manufacturing software, was founded back in 1984. The founders are Greg Ehemann and Rich Ehemann, the two Es in the E2 Shop System. The company is providing ERP packages to thousands of customers across North America.


17. ICIM ERP

  • Best for: Small businesses and start ups
  • Price:
  • Jul 02, 2022
Compare ICIM ERP Vs. SAP ERP

Metasystems ERP is a cloud-based ERP which is suitable for use in small-sized and medium-sized manufacturers. Metasystems ERP helps manufacturers to automate their repetitive jobs easily and also provide more functionalities such as managing orders, engineering functions such as ordering engineers, ...


18. 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.


19. ProManERP

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $30,000 per license
  • Aug 18, 2022
Compare ProManERP Vs. SAP ERP

ProManERP is an on-premise enterprise resource planning software that built and fully featured for the manufacturing solutions. ProManERP supports multi- and mixed-mode manufacturing, batch/formula, repetitive, Kanban, in discrete and co-product/by-products manufacturing processes.


20. Oracle Fusion Applications

  • Best for: Medium and large size businesses
  • Price: starts at $2,000 per license
  • Sep 12, 2022
Compare Oracle Fusion Applications Vs. SAP ERP

Oracle Fusion Applications are cloud-based enterprise resource planning software applications. The software solution was envisioned and developed as an enterprise resource planning suite that was built on the Oracle Fusion Middleware technology.


21. COINS ERP Software

  • Best for: Small, medium and large size businesses
  • Price:
  • Sep 22, 2022
Compare COINS ERP Software Vs. SAP ERP

COINS ERP Software is a cloud-based enterprise resource planning solution that is designed to help construction companies in managing their resources such as inventory, finances, and sales among others. Most of the construction companies can perform all their activities in the solution without havin...


22. Infor ERP

  • Best for: Small, medium and large size businesses
  • Price: starts at $5 per month
  • Sep 12, 2022
Compare Infor ERP Vs. SAP ERP

Infor ERP is an enterprise management solution system developed by Infor to provide assistance to industry-specific companies in managing their operational functions including standard ones like Finance and Manufacturing.  Headquartered in New York, Infor is a U.S. based company that specialises in...


23. Encompix ERP

  • Best for: Start up, Small business, Medium business
  • Price:
  • Oct 12, 2022
Compare Encompix ERP Vs. SAP ERP

Encompix ERP is a cloud-based and on-premise software that helps in managing projects. The software is designed to work in medium-sized businesses and large-sized companies. Encompix provides a platform for businesses to manage all aspects of complex projects from start to the completion of the proj...


24. Cetec ERP Software

  • Best for: SMBs
  • Price: starts at $40 per user/month
  • Oct 21, 2022
Compare Cetec ERP Software Vs. SAP ERP

Cetec ERP Software is a fast growing cloud-based ERP software, it is designed to support small and medium size business. Cetec ERP Software received a rating of 4.5 from ITQlick team. The software cost is considered affordable (1/5) when compared to alternative solutions.


25. 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.


26. 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...


27. BST Global ERP

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Apr 26, 2022
Compare BST Global ERP Vs. SAP ERP

BST Global ERP/BST10 Enterprise software is an integrated cloud-based ERP designed for emerging AEC (Architectural, Engineering, and Construction) companies. The solution offers three modules that include BST10 Enterprise, BST10 Work Management, and BST10 Professional.


28. 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.


29. Preactor APS

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $0.01 per license
  • Apr 26, 2022
Compare Preactor APS Vs. SAP ERP

Preactor APS software is a comprehensive cloud-based Enterprise Resource Planning solution that comprises of Advanced Planning and Scheduling solutions. The software is developed to serve organisations of all scopes from small business, medium as well as large companies.


30. 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...


31. 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.


32. MIE Trak PRO ERP Software System

  • Best for: SMBs
  • Price: starts at $125 per user/month
  • May 18, 2022
Compare MIE Trak PRO ERP Software System Vs. SAP ERP

MIE Trak Pro is a comprehensive ERP (Enterprise Resource Planning) software that caters to enterprises of all sizes. It features a robust set of modules that work independently yet can integrate and mesh each other seamlessly. This comprehensive ERP platform offers a robust selection of modules, wit...


33. SAP Business One

  • Best for: Small, medium and large size businesses
  • Price: starts at $56 per user/month
  • May 16, 2022
Compare SAP Business One Vs. SAP ERP

SAP Business One software is an enterprise resource planning solution designed for small and midsized business. The solution offers a number of functionalities that include premium engagements that secure businesses long-term success with the highest level of enterprise and collaboration.


34. 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.


35. Bluebox

  • Best for: Medium and large size businesses
  • Price: starts at $360 per month
  • May 21, 2022
Compare Bluebox Vs. SAP ERP

Bluebox is a cloud-based ERP (Enterprise Resource Planning) software that helps sales managers optimize sales/billing workflow and track inventory for replenishment purposes.


36. ERP-ONE

  • Best for: SMBs
  • Price:
  • May 19, 2022
Compare ERP-ONE Vs. SAP ERP

ERP-ONE is an enterprise resource planning solution for small and medium businesses. It offers such services as inventory management, sales management, financial management, and others. The software was designed and launched by Distribution One headquartered in New Jersey, United States.


37. Infor M3

  • Best for: Small, medium and large size businesses
  • Price: starts at $150 per user/month
  • May 17, 2022
Compare Infor M3 Vs. SAP ERP

Infor M3 is a web based enterprise resource planning solution for businesses of all sizes. It offers such services as inventory management, supply chain management, maintenance, and others. The software was designed and launched by Infor headquartered in New York, United States.


38. FinancialForce ERP

  • Best for: SMBs
  • Price: starts at $175 per month
  • May 26, 2022
Compare FinancialForce ERP Vs. SAP ERP

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and others. The software was designed and launched by FinancialForce.com headquartered in ...


39. 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.


40. Deltek ERP

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $30 per user/month
  • May 25, 2022
Compare Deltek ERP Vs. SAP ERP

Deltek ERP is a range of ERP solutions for companies of all size and industry. It is trusted by 16,000 and more companies worldwide. Their main objective is for companies to improve performance through business management and enhance operations. The flagship product is Deltek Costpoint, which is des...


41. Wylie Systems

  • Best for: Small businesses and start ups
  • Price: starts at $45 per month
  • Jun 12, 2022
Compare Wylie Systems Vs. SAP ERP

Wylie Systems is a design and construction software designed for companies to bring innovative solutions to the creation and design of metals, custom metals, railing designs, creation of partitions, and queuing products.


42. Interprise Suite

  • Best for: SMBs
  • Price:
  • May 25, 2022
Compare Interprise Suite Vs. SAP ERP

Interprise is an internet enterprise software designed for franchises or buying groups to help their members to work together in unity; purchasing from one vendor, marketing or operating as a unit.


43. 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.


44. 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...


45. 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.


46. ProcessWare ERP

  • Best for: Small, medium and large size businesses
  • Price: starts at $2,500 per license
  • Jun 22, 2022
Compare ProcessWare ERP Vs. SAP ERP

ProcessWare ERP is an ERP software built for flavor and fragrance companies to provide a single inventory management source for companies, synchronize teams, provide accurate costing of products, and solid distribution and manufacturing processes.


47. ERP123

  • Best for: Small businesses and start ups
  • Price: starts at $150 per month
  • Jun 16, 2022
Compare ERP123 Vs. SAP ERP

ERP123 is an enterprise resource planning software that is ready to offer the “optimum business solution” for your company. The software comes with an innovative approach which can reduce cost and risk by providing flexible and easy-to-use solutions. The software is based on a latest technology with...


48. 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.


49. 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.


50. AIMS 360 Apparel ERP Software

  • Best for: Medium and large size businesses
  • Price:
  • Jun 24, 2022
Compare AIMS 360 Apparel ERP Software Vs. SAP ERP

AIMS 360 Apparel ERP is an enterprise resource planning solution for small and medium businesses. It offers a variety of inventory and order management capabilities along with business analytics. The software is a product of AIMS 360 LLC headquartered in California, United States.


51. 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...


52. Fulfil.IO

  • Best for: Small, medium and large size businesses
  • Price:
  • Jun 30, 2022
Compare Fulfil.IO Vs. SAP ERP

Fulfil.Io is an ERP software designed for merchant operators and e-commerce stores to receive and manage orders, analyze and track product sales, manage suppliers, and automate drop shipping orders.


53. 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...


54. AIMS

  • Best for: Medium and large size businesses
  • Price: starts at $6,505 per license
  • Jul 04, 2022
Compare AIMS Vs. SAP ERP

AIMS is a fast growing cloud-based ERP software, it is designed to support medium and large size business. AIMS received a rating of 4.2 from ITQlick team. The software cost is considered affordable (1/5) when compared to alternative solutions.



A Buyer's Guide to ERP 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.

ITQlick chart - 2022 best ERP Software

2022 best ERP Software | ITQlick.com
Finding the right ERP software for your business
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Author - 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.