10 Top ERP Systems for 2020
By the year 2022, the global ERP (short for Enterprise Resource Planning) systems market is expected to earn $47 billion in revenue.
If you’re not using any kind of ERP system in your business, you could be missing out on a ton of features that could help things run more smoothly for you and your employees.
Do you want to invest in an ERP system? Are you unsure of which one to choose? Read on to learn more about some of the top ERP systems you might want to use in 2020.
What Is an ERP System?
Enterprise Resource Planning systems assist with a variety of processes needed to keep a company running. This includes things like inventory, order management, human resources, accounting, and customer relationship management.
ERP systems integrate all these different functions and provide one centralized location to store all the data an organization needs to function properly. Employees across different divisions can all use an ERP system to handle their responsibilities.
Benefits of ERP Systems
There are lots of reasons why the ERP systems market is growing and more people are turning to this technology to help them run their businesses.
The following are some of the greatest benefits these systems have to offer:
- Reduced software overhead costs
- Improved communication across companies
- Reduced frequency of business silos
- Easier process standardization
- Reduced inventory
If any of the benefits appeal to you, investing in an ERP system could be a smart move for you and your team.
Top ERP Systems for 2020
Are you convinced that an ERP system is a good option for you? Are you daunted by all the different options on the market?
There are plenty of ERP systems that you might want to use this year and beyond. The following are some of the best ones to consider:
1. IQMS ERP Software
The IQMS Manufacturing ERP software is a perfect option for those who work in the manufacturing industry.
It makes it easy for those in this industry to monitor the entire manufacturing process from start to finish. It allows for a modular and scalable approach, too, and eliminates data silos.
With the help of IQMS, cross-department visibility increases, and workers can gain access to important data related to accounting, manufacturing, and supply chain issues in real-time.
2. E2 Manufacturing System
The E2 system from Shoptech is another great option for manufacturing companies. It’s fully integrated and designed for discretion and simplicity.
It simplifies a variety of processes, from make-to-order and make-to-stock to assemble-to-order and mixed-mode processes. Users also have access to tools like Gantt charts and inventory control to keep track of all areas of the business.
The E2 Manufacturing System has over 8,000 satisfied customers, too, so it’s safe to say that it’s a great product.
3. Sage X3
Sage Business Cloud X3 is a software suite that features integrated functionality for a variety of departments, including management, customer service, distribution, and sales.
This web-based software is browser agnostic and works well on mobile devices as well as desktop computers. It’s a perfect fit for business owners and employees who value versatility and want to work with the latest and greatest tools.
SyteLine, created by LogicData, is the ultimate ERP software for deep manufacturing functionality.
This software offers a variety of tools geared toward complex, mid-market manufacturing and helps business owners and workers manage all aspects of the company with ease. It’s a mixed-mode product that can handle all types of manufacturing responsibilities.
Considering the fact that LogicData’s been in the game and working with SyteLine for more than 30 years, it seems to be a safe bet for most companies.
For those in the retail and wholesale business, Brightpearl is a great ERP system to consider.
It offers a wide range of features that these businesses can use to run, automate, and scale with ease. It can connect online and offline sales, handle inventory and order management, and update vendors and employees in real-time.
6. SYSPRO ERP
SYSPRO ERP is another great manufacturing option that is very scalable and industry-built. It’s versatile, too, and can be deployed in the cloud or on-site. Users can access it via mobile devices of all kinds as well.
The goal of SYSPRO is to simplify all aspects of running a business for distributors and manufacturers alike. it gives them actionable insights and helps to streamline all processes.
If you’re looking for an open-source option, check out Odoo. Odoo is fully-integrated and customizable and features tons of helpful business applications, from CRM to project management. This all-in-one software is designed to benefit all companies, regardless of their size or budget.
As far as cloud ERP systems are concerned, NetSuite is one of the world’s most popular options.
It services customers across the globe with a platform that’s modern, unified, and scalable. Businesses can use it to automate various processes and keep everything running smoothly.
Automatica is another great cloud-based ERP. It helps businesses of all sizes thrive in the digital economy and is designed to be future-proof.
Automatica features open architecture and allows for rapid integrations and scalability. It’s an easy-to-use solution for all kinds of companies, but especially small and mid-market businesses.
10. Epicor ERP
What is Epicor? Epicor helps to drive business growth with flexible and industry-specific software. It fits the needs of manufacturing customers of all kinds and gets rid of the barriers that stifle creativity and hold organizations back.
Epicor can be implemented on-premises, hosted, or deployed in the cloud. There are tons of different options to suit every business’s specific needs.
Try These Systems Today
As you can see, there are lots of great ERP systems to choose from.
Now that you know more about the top ERP systems on the market, it time to decide which one is a good fit for you. Consider all of the options listed above and see which one best meets the needs of your company.
If you want to continue learning about ERP systems or educate yourself on other great business tools, check out some of the additional business management articles on our blog today.