Comparison of the Leading ERP Vendors Overview of ERP Software Solutions

2020 EDITION TOP 20 ENTERPRISE RESOURCE PLANNING SOFTWARE REPORT

In today’s highly competitive marketplace, implementing software to streamline operational processes can mark the difference between a business struggling to stay afloat and one that’s flourishing. Enterprise Resource Planning (ERP) software exists as one of the most comprehensive solutions for companies in need of back-end organization, with features tailored to businesses of all sizes and industries. An ERP system allows companies to centralize many key elements of their production line, building a more productive and cost-effective business model.

Originally designed for enterprise-level businesses, ERP solutions today will add value to companies of varying sizes by more efficiently monitoring and operating daily tasks. Enterprise planning software also reduces time spent on repetitive or overlapping activities by establishing a centralized database that coordinates interdepartmental data assignments and more effectively allocates resources. Even if your existing business processes operate smoothly, your company can still find value in the increased productivity and tighter budget control that an ERP system offers.

Understanding the Different ERP Modules

Today’s ERP solutions offer a variety of modules to better serve the unique needs of companies in diverse industries. Some of the most common ERP modules are listed below.

Manufacturing

Ideal for businesses in the manufacturing industry, this ERP module offers enhanced product assembly tools to streamline product design and creation, optimize production processes and automate materials management. Manufacturing ERP software will also better manage day-to-day procedures, reducing operating costs and increasing the productivity of your manufacturing cycle.

Who Should Use It? Manufacturing businesses, particularly those running primarily on manual processes or experiencing frequent shipment delays or inventory misestimates will benefit most.

Supply Chain Management

Supply chain management (SCM) allows users to better economize the end-to-end supply cycle and utilize real-time analytics for improved visibility and forecasting. The supply chain module organizes and optimizes inventory control, purchasing and procurement, in-process production and circulation to establish a smooth supply cycle.

Who Should Use It? Companies experiencing frequent inaccuracies or miscalculations will most benefit from the more accurate, efficient supply chain this solution will provide.

Project Management

The project management module provides an optimized system for keeping track of individual projects, managing invoices and storing client and project details. Investing in a solution with project management functionality offers increased visibility of timelines, budgets and company activities.

Who Should Use It? Businesses with a problematic project management structure will benefit from the robust interfaces provided to track job schedules and information.

Financial Management

Financial management modules organize accounting functions across departments and create a centralized system for monitoring cash flow. Most modules incorporate a general ledger, Features & Deployment Key asset management and accounts payable and

receivable. 24/7 support Mobile apps

Who Should Use It? Businesses seeking a financial management solution. Reporting/ Manufacturing analytics management Ready to Choose an ERP Solution? Financial Customizable Despite the cost and time required, implementing management a single cohesive ERP system will provide copious benefits for a company in need of stronger back-end management. Read on to compare the Top 20 ERP software solutions and SaaS On-premise SaaS and platform platform on-premise find the best fit for your company.

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NetSuite ERP Vormittag Associates, Inc Sage X3 Epicor ERP Solutions Infor (VAI)

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Facilitating multi-currency Wholesale distribution, Integration with existing Manufacturing, Infor ERP solutions transactions. food distribution and business intelligence and distribution, retail and simplify manufacturers’ manufacturing, and IT systems. hospitality industries. business processes with discrete manufacturing. industry best practices.

Business size Business size Business size Business size Business size

$$ $$$ $$ $$ $$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Multi-store/site • Browser-based • Multi-lingual and multi- • Human capital • Mixed mode production eccommerce tools • Integrated KPIs currency capabilities management (HCM) • Quality & Service • Demand planning and • Service and repair • Planning and scheduling tools management payment calendar • Mobile apps for order tools • Advanced MRP • Secure hosting with • Customer self-service entry, WMS and POD • Operations and functionality Amazon Web Services portal • Source code included distribution management • Electronic funds transfer (AWS) • Direct vendor support capabilities

Select Customers Select Customers Select Customers Select Customers Select Customers ASICS, DocuSign, Phantom Fireworks, Satelite Industries, Carson Chirch Global, Enkeboll DAB Pumps, Red Wing Oakland Athletics, Philz AAK, Smith Drug, Mariani Home Accents, Rudy’s Designs, Prince Industries, Shoe Company, J.R. Coffee Packing Tortillas, A.M. Leonard TEAM Industries Watkins, Vantage Power

Deployment Deployment Deployment Deployment Deployment

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Kenandy Cloud ERP Sage Intacct SYSPRO Acumatica Cloud ERP Global Shop Solutions One-System ERP

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Maintaining real-time and Delivering specialized Companies seeking a Supporting customer Companies operating in a multi-segment general features for software and stable, fully integrated interactions and variety of manufacturing ledgers. professional industries. solution with a consumer- managment through a modes. grade UI. customer portal.

Business size Business size Business size Business size Business size

$$ $$$ $$$ $$$ $$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Multi-currency • Automates inter-entity • Distribution and • Cash flow forecasting • Capacity planning tools capabilities transactions inventory management and tax reporting • Finite and infinite • Credit and claims • Accounts receivable and • Point-of-sale (POS) • Inventory automation scheduling capabilities management tools revenue management tools and up-to-date freight • Employee time • Allowances, pricebooks tools • Designed with a fluid costs and attendance and purchase • Salesforce integration user interface • Billing and project management agreements revenue management

Select Customers Select Customers Select Customers Select Customers Select Customers Big Heart Pet Brands, TeleManagement Forum, Daniels Electronics, AME Corporation, EOS ATD Precision Machining, Philips, Merrow Sewing Cardinal Southwest TriStar Plastics Corp, Mac Group, IMG Enterprises, Calnetix, Eptam Plastics, Machine Co, Prima Power Houston, Fast Eddies Paper Inc, Dupar Controls KFC, Youngevity Miller Welding

Deployment Deployment Deployment Deployment Deployment

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IFS Applications UNIT4 SAP ERP System FinancialForce abas ERP

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Enterprise-sized Service-based companies Providing industry-tailored Integration with Small to medium-sized companies that focus with tailored solutions solutions. Salesforce-based businesses looking for a on engineer-to-order for NFP, Professional systems. feature-rich solution with processes. Services and Government. advanced planning tools.

Business size Business size Business size Business size Business size

$$$$ $$$ $$$$ $$$ $$$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Human resources • Planning, budgeting and • Treasury and financial • Real-time analytic • CRM management forecasting tools risk management tools reporting • Multi-Company • Multi-site planning and • 360 Project Workspace • Employee e-recruitment, • Social media interaction • Multi-Site shop floor reporting • Integrated HR and Payroll training, deployment and and collaboration tools • EDI tools • Field service and asset retention management • Human capital • Business Intelligence • Asset data management management capabilities • Procurement and management (HCM) • Mobile Apps logistics execution • Workflow

Select Customers Select Customers Select Customers Select Customers Select Customers Chief Industries, Linamar, Harvard Law School, German Aerospace Interlochen Arts Academy, Actiontec Electronics, Kaman, CDF Corporation, Save the Children, WSP | Center, Gillette, Rohm and Motus, Greenway Health, Clarion Technologies, Freybe Gourmet Foods Parsons Brinckerhoff Haas, Biomet Europe CDI Spaces, Crunch Computrol, Concept2

Deployment Deployment Deployment Deployment Deployment

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IQMS Manufacturing ERP Rootstock Software Oracle E-Business Suite Microsoft Dynamics 365 Exact Macola 10

Ideal for: Ideal for: Ideal for: Ideal for: Ideal for: Larger-sized companies Providing companies Managing the full asset Managing multiple Advanced financial who frequently handle with a cloud ERP lifecyle. departments including management including multi-currency and multi- manufacturing, distribution sales, customer service AR/AP, Excel add-in and lingual transactions. and supply chain solution. and operations. project/job accounting.

Business size Business size Business size Business size Business size

$$$ $$$ $$$$ $$ $$$

Key Features Key Features Key Features Key Features Key Features

Additional Features Additional Features Additional Features Additional Features Additional Features • Planning, scheduling • Sales order • Project profile • Demand forecasting • Business activity and inventory management management and product change monitoring management • Production engineering • Built-in application management • EDI support • Estimating and quoting • Inventory management library • Broker and royalty • Standard costing, tools • Lot and serial control • Service automation tools contract management shop floor control • Supports BI, CRM and • Shop floor control • Serial number tracking and production order HCM responsibilities • PLM integration tools processing tools

Select Customers Select Customers Select Customers Select Customers Select Customers Donnelly Manufacturing, Solar City/Tesla Energy, Chicago Public Schools, Ashley Furniture, Dell, Whalen Manufacturing, Gill Industries, Tessy Matouk, First Light Energy, Hyundai Securities, Delta Air Lines, Driscoll’s, Neutral Posture, Plastics, Mar-Bal Inc Pro-Tech, Nanophase ConAgra Foods Inc Patagonia good2grow

Deployment Deployment Deployment Deployment Deployment

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Category Winners Runner Up

Infor CloudSuite Best Sage Business Cloud Cloud ERP

Global Shop Solutions One System ERP Exact Macola 10 Best On-Premise

SAP Business One Sage Business Cloud Best Small Business

NetSuite ERP Infor LN Best Large Business

IQMS EnterpriseIQ VAI S2K Enterprise Best Manufacturing

Workday ERP Oracle HCM Best HR

NetSuite ERP SYSPRO ERP Best Inventory

MS Dynamics 365 NetSuite ERP Best Sales & Marketing

Sage Business Cloud Infor CloudSuite Best Finance & Accounting

Oracle SCM SAP SCM Best Supply Chain

Business-Software.com recommends that organizations looking for ERP solutions also explore related software segments. Review the following products as a supplement to your chosen solution.

Great for small and midsize businesses on a budget!

Select Customers Contact vendor for case studies. Infor CloudSuite Business is a robust, cloud-based ERP solution Key Features • Full product scalability • Enterprise performance for small and medium-sized orga- • Real-time analytics management nizations. With Infor CloudSuite • Supply chain management • Sales and order management Business, users can streamline • Automated HR tools • Ecommerce core business processes such • Integrated resource planning and • Customer management as financials, HR and customer project management tools • Production, packaging and management on a secure, cost-ef- • Automated sales and marketing distribution fective platform. • Global financial management