Are you looking for the best ERP software for your business? Or maybe you are just curious about which is the best ERP software for small business. Keep reading to learn more about the different types of software that is available, as well as unbiased reviews of solutions to help you make a decision on what system is right for your business.
It’s always good to know about the best thing going, whether it be a product or erp software that is taking the world by storm. But what if, you are someone who has planted your flag in the ground, and committed yourself to using one type of software? It can be tough trying to learn what all of these other programs do. However, you have no need to worry any longer. I am going to share with you some resources that will help you understand what all of these programs are so that you do not waste your time testing every single one of them.
Oracle Netsuite — Best Overall ERP Software
- Trusted by 20,000+ businesses
- Fully customizable
- Designed to support growth
- Perfect for any industry
Oracle Netsuite is our top recommendation for ERP software. They beat the competition in nearly every category.
Oracle Netsuite is fully customizable and designed to support growth. It’s easy to add functionality and resources as your business scales. As such, they’re great for mid-sized companies that anticipate growth in the near future.
Here are just a handful of industries that use Oracle Netsuite:
- Marketing and advertising
- Agriculture
- Government
- Professional services
- Restaurant and hospitality
- Construction
- Ecommerce
- Engineering
- Distribution
- Biotech and pharmaceuticals
The list goes on and on.
Bottom line: Oracle Netsuite accommodates your needs no matter what business you have.
Some of the top ERP features of this solution include order management, financial planning, financial management, and production management. The software can even accommodate supply chain management as well as warehouse and fulfillment needs.
You’ll be able to manage your end-to-end inventory and all of your logistics in real-time. The software helps maximize the efficiency of these processes.
Oracle Netsuite has built-in business intelligence. So you’ll be able to access visual analytics from all of your data. These reports allow you to make actionable business decisions.
Due to the customizability of this software, the pricing is not available online. This is common in the ERP software category. You’ll need to talk to the Oracle Netsuite sales team to discuss your needs and get a quote. Request a free product tour for more information.
Microsoft Dynamics 365 — Best For Bundle Licenses
- Transparent pricing
- Discounts for additional licenses
- Apps for specific categories
- Flexible use cases
Like most Microsoft products, Microsoft Dynamics 365 is powerful, flexible, and trustworthy.
In fact, it’s used by some of the world’s biggest companies, like HP, Coca Cola, Lowe’s, Delta, BMW, Adobe, UPS, and more.
It’s a bit different compared to some of the other options on our list. Dynamics 365 is not really a single product. Microsoft offers multiple product bundles based on your needs. The categories include:
- Marketing
- Sales
- Customer Service
- Operations
- Field Service
- Finance
- Commerce
- Human Resources
Each one comes with different apps as a product suite. For example, Field Service comes with tools to manage assets over their entire lifecycle. Employee schedules have detailed information down to the serial numbers of the parts a tech needs.
Unlike other ERP solutions, Microsoft is fully transparent about its prices and lists all of the prices on their website. It’s a little complicated since each category has multiple prices and individual prices for each app within that category. You’ll get discounted rates if you already have qualifying Dynamics 365 apps.
For example, here’s a look at the Microsoft Dynamics 365 Field Service pricing, so you can see what I’m referring to.
As you can see, there is a significant difference in pricing for your first Dynamics 365 app compared to subsequent apps.
With that said, there are some contingencies that you need to keep an eye on. Most packages require a minimum number of licenses to purchase, which is usually 10 or 20.
While the licensing guide and requirements are bit complex to navigate and understand, this option is the best solution for businesses that want to buy in bulk. You’ll also have the ability to pick and choose which specific products you’re looking for while benefiting from discounts on additional licenses.
For a limited time, get up to six months of Dynamics 365 for free.
SAP Business One — Best For Small Businesses
- Made for small businesses
- Mobile access
- 500+ add-ons
- Industry-specific solutions
Though ERP solutions have more often been use for bigger operations, many providers are starting to offer great solutions for small businesses.
SAP Business One is one such solution. If your company has outgrown your exiting tools or needs to consolidate your software to a single platform, SAP Business One has exactly what you’re looking for.
This software includes resources for sales, inventory management, CRM, financials, analytics, reporting, and more. It’s a great full-service solution.
SAP Business One offers industry-specific solutions as well. Choose from 500+ add-ons to customize your software based on your business type or industry needs.
Another top benefit of SAP Business One is its intuitive mobile access. You and your team can access the software from anywhere using the iOS and Android mobile apps.
No matter where you are, you’ll always be able to check inventory, manage service tickets, and view real-time reports on the go. You can even set up alerts and complete approvals directly from your mobile device.
Like most ERP software, pricing for SAP Business One is not available online.
The initial setup is a bit of a hassle as well, which is the biggest drawback of this solution. After answering a somewhat extensive questionnaire, you’ll be contacted within 24 hours to discuss your company’s requirements in greater depth before getting an estimate. In many cases, you won’t be able to purchase the software directly from SAP; you’ll have to go through one of their partners or resellers.
At the end of the day, this is still a top choice for small businesses. Larger corporations might run into some limitations at scale.
GeniusERP – Best for manufacturing companies
With Genius ERP, it’s easy to see at a glance what’s working (and what’s not). Genius ERP is a complete enterprise resource planning system built with manufacturers and distributors in mind. It’s ideal for companies handling make-to-order, engineer-to-order, custom-to-order, and assemble-to-order operations.
Notable features include accurate estimating, inventory control, order management, procurement planning, and accounts management. With additional options such as product engineering and field service, Genius ERP simplifies complex manufacturing management.
Pricing for Genius ERP costs from $125/user/month. There is no free trial option.
Sage 300 — Best For Medium-Sized Businesses
- Cloud-based ERP software
- Great for international ecommerce
- Supports multiple currencies
- Automate vendor processes
Sage 300 is one of three different ERP software solutions offered by Sage. This solution is designed for mid-market companies.
From managing finances to operations and inventory, Sage 300 is designed to help improve the total visibility of your company while maximizing ROI.
Sage 300 simplifies your financials. It’s a great choice for businesses that are managing multiple currencies. You can even use it for multiple businesses if you have subsidiary companies or franchises.
Getting Sage 300 for ERP means that you’ll also have access to a wide range of features in Sage’s extensive product suite. You’ll benefit from features like Sage CRM, Sage Inventory Advisor, and Sage Payment Solutions.
Sage 300 offers intelligent enterprise resource planning for international ecommerce operations. You’ll get real-time analytics as well as the ability to track and process orders from anywhere.
Another top feature of Sage 300 is the ability to manage vendor relationships. You can automate your purchasing process, orders, invoices, receipts, and returns. This will save you lots of time and resources whenever you’re ordering inventory or other materials.
If Sage 300 is too advanced and feature-rich for you, consider Sage 100 as an alternative. It’s still a good ERP software, but not made for international operations or multiple businesses. Sage 100 is more like an advanced accounting software with CRM and other ERP features.
For those of you who want more than the features available in Sage 300, you can upgrade to Sage Business Cloud X3. This is the top of the line ERP solution from Sage. It has a greater focus on supply chain management and sales, designed for larger enterprises.
While Sage Business Cloud X3 is great, it’s probably overkill for medium-sized businesses. But it’s nice knowing you can upgrade at a later time if your company grows.
The majority of you will benefit the most from Sage 300. Contact sales to request a free demo.
Syspro — Best For Manufacturers and Distributors
- Award winning ERP software
- Industry specific solutions
- 40+ years of experience
- Trusted by 15,000+ businesses
Syspro has ERP solutions for small businesses, mid-sized organizations, and enterprises.
However, their ERP software is designed specifically for manufacturing and distribution. If your industry falls into those categories, this is the one for you.
With more than 40 years of experience in this industry, Syspro knows what it takes to have success in these spaces.
Syspro ERP is built with industry-specific functionality based on the business requirements for manufacturers and distributors. Common industries within these two categories using Syspro include:
- Auto parts and accessories
- Food and beverage
- Rubber and plastics
- Industrial equipment and machinery
- Packaging
- Fabricated metals
- Electronics
This award-winning ERP software is used by more than 15,000 businesses throughout 60+ countries.
Syspro ERP will improve your supply chain management and operational inefficiencies. You’ll benefit from actionable insights and reporting to make better business decisions.
In addition to customizing your software, Syspro will also let you fully customize your workspace based on roles and needs. So you and your team won’t feel overwhelmed or bombarded with irrelevant information or screens that you’re not using on a daily basis.
As your business grows, Syspro has the flexibility and power to scale with you.
If your company is involved with manufacturing or distribution, Syspro ERP will be your best option. Unfortunately, this software won’t support other business types. For example, if you’re in retail, professional services, or ecommerce, you’ll need to look elsewhere.
Contact Syspro to request a free demo.
Conclusion:
Okay, I just wanted to grab your attention. Maybe it worked. Maybe it didn’t. If you were here looking for information on good Enterprise Resource Planning (ERP) software packages, congratulations, you found it! I am sure you are very busy in running your business and that probably you have too many things about to worry about the most suitable ERP for your company. The truth is that getting started with an ERP package is not a small endeavor. It takes time to identify the right fit and get everything up to speed.