Thursday, November 19, 2020

Top 10 ERP Software to use for Small to Large Business

Best ERP Software to use for every Business Type



Enterprise Resource Planning (ERP) is a business management programming software that looks after back-office functionalities. ERP programming has various functionalities that are identified with innovation, HR, and other IT administrations. It has everything integrated under one rooftop. The best ERP that suits your business operations can be from one of these main 10 ERP programming software companies in India. 




1. SAP ERP




SAP ERP is a business software solution used by large companies. SAP ERP manages the various needs of an organization.


Features 

Core Finance Management

Core Human Resources Management

Product planning

Cash Order

Payment procurement

Service Request


Pros

Flexibility- SAP ERP provides high levels of flexibility that gives organizations an option to access & create their own set of protocols.

Increased Productivity- SAP ERP is well known for increasing productivity with its simple & easy user interface.

Cost-Effective- SAP ERP has numerous features that help in saving huge organizations’ capital.


Cons

SAP ERP program execution can be a bit challenging.

The software is slightly complex to understand. 


2. DYNAMICS BY MICROSOFT

 


Dynamics is designed by Microsoft automating finance, sales, customer relationships, & much more. Dynamics Microsoft is a genuine ERP option as Microsoft products are used in our day-to-day lives.



Features

Gives customers insights

Control Activity categorization 

Improved Web API 

Allows access permission for the modular apps

Easily editable grids for customization as per the business requirements.

Makes software feasible with a Cortana integration facility. 


Pros

Amicable User Experience: Generally, we have tried using the Microsoft office tools & there are many organizations that use Share Point of Microsoft. That is why you will get a friendly user experience with Microsoft Dynamics too.

Works Locally and in Cloud: You can use Microsoft Dynamics on your computer and the data will be stored in the cloud as well. 


Cons

It cannot be optimized with other Microsoft products

A bit complex for freshers to use this platform. 


3. ODOO ERP SOFTWARE


Odoo is a user-friendly and easy software that helps manage back-office operations. It is an open-source ERP software that helps in boosting sales, business, accounting, HR, & much more. 


Features

Integration with E-commerce platform

Easily manages the manufacturing operations

Odoo provides an accounting feature that makes it easy to invoice and access all account details on mobile phones.

Double-entry inventory management from Odoo is an asset.


Pros

The search feature will help you in accessing any information you want with ease.

The modular design is simple & can be effortlessly used by employees.

It is easy to design tasks even for beginners. 


Cons

The Odoo module system is not a definitive choice. 

Documentation in Odoo is pretty poor.


4. ORACLE ERP



Oracle takes ERP solutions to the cloud and offers EPM - Enterprise Process Management and SCM- Supply Chain Management solutions as well. Oracle ERP is assumed to hold on to one of the top positions in the Tier 1 market. 


Features

Accounting

Revenue recognition

Financial planning & analysis

Financial close

Inventory & supply chain

Risk management

Order management

Enterprise performance management

Product lifecycle

Project planning & execution

Compliance & governance


Pros

Cost Saving: Oracle ERP has many features embedded in it and this actually reduces the cost of installing different software at once.

Increases User Productivity: Oracle ERP makes certain that the users work productively with the help of its product.

Faster to implement: This ERP software is simple & easy to install.


Cons

Gathering reports from the software is not easy

Beginners will find it a bit hard to understand the platform.


5. RAMCO ERP

Ramco is a cloud-based ERP solution that offers a reasonable ERP solution. Ramco provides a chatbot for real-time self-service and to manage requirements online, in a faster and easier way.


Features

Advanced planning & optimization

Analytics

Connectors

Customer relationship management

Enterprise Asset management

Financial management

Human capital management

Manufacturing

Process Control

Project management

Supply chain management


Pros

This offers a powerful mobile app with both Android & iOS operating system

Provides different kinds of solutions for your business

Cost-effective

Easily customized and highly effective for business operation

The company also offers free demo and training.


Cons

Complex integration. The integration process is very difficult to understand.

Sometimes the entries get clubbed with each other. It is a glitch present in the system.


6. ERPNEXT


ERP allows customers to have full control over the software & is quite user-friendly. ERPNext is open-source software, easily available online.


Features

Flexible

Cross compatible

Calendar

Comprehensive user interface

Time log entries

Social network & messaging services

Production planning tool

Inventory warehouse management

Multi-currency support

Accounting along with tax calculations

Built-in projects & to-do lists

Leave and attendance management

Employee appraisal

Website development & design

Expense claim submission


Pros

This ERP is open source & is available for everyone.

It has a custom script & the coders can change it acc. to their requirements.

It provides email alerts for everything that you want to get notified about.

Easy to set up the software.

Keep a track of all the transactions.


Cons

There are very fewer community members.

Need an expert person to handle the work.


7. PACT ERP


From scheduling to simplification of processes, PACT ERP lessens operational expenses & helps in all back-office operations. PACT ERP reduces costs & expenses.


Features

Report customization

Transaction authorization

Export & import the data

Remote data merging

Multi-warehouse

Data consolidation

Reversing journals

Final reports

Multi cost centers

PDC scheduling & posting

Manage accounts for proposals, contract jobs, etc

Designing & printing documents

Remote data merging

Configurable search engine


Pros

Works effectively for all the industries

Easy to integrate & use

Provides required training for the work


Cons

It is not easy to customize the reports

Implementing the software is a little tough


8. NAVISION ERP

SCM - Supply chain management, bookkeeping & accounting, core business processes, and end-to-end business solutions are some of the operations that Navision ERP handles, to stand out from the crowd. Navision ERP has proved to be a well-established market player in ERP.


Features

Warehouse management

Business intelligence

Ecommerce

Financial management

Mobile sales

Advanced forecasting

Inventory management

Distribution

Payroll and Human Resource

Sale and Marketing

Point of sale

Analytics about the business

Manufacturing

Service management


Pros

Flexible and is perfect for enterprise management

The entire software is simple & can be used for various functions

It is fast & scalable.

All in one enterprise management software for the smooth flow of work.


Cons

It is not easy to understand

The software integration requires prior knowledge.


10. MARG ERP


MARG is a centralized ERP software solution for multiple branches. It helps in providing sales, financial solutions, manufacturing, & distribution. It helps manage various chain networks from a single location. 


Features

Manages overheads

Integration of email

Manages finances

Online banking integration

Manages Taxes

Billing & invoicing

Scheme management

TDS & TCS

Material Bills

Banks reconciliation


Pros

Great fit for small & medium-sized enterprises

Provides thorough taxation solutions 

Provides doorstep solutions for all the enterprises


Cons

No suitable training centers

The user interface is not easily understandable

Customization of the software as per your requirement is difficult. 





No comments:

Post a Comment