25 of the Best ERP Software Companies for 2022 – Solutions Review
Solutions Review’s listing of the best ERP software companies is an annual look into the solution providers included in our Buyer’s Guide and Solutions Directory. Our editors gathered this information via online materials, reports, product demonstrations, conversations with vendor representatives, and free trial examinations.
As the Enterprise Resource Planning (ERP) software marketplace continues to grow and evolve, the process for evaluating and selecting a solution for your company has grown along with. With so many different solutions for different industries, company sizes, and use cases, it can be challenging to narrow a search down to only the providers who offer software with the specific qualifications a company needs.
There’s no such thing as a one-size-fits-all ERP solution, either, so each team must make time for in-depth research into the capabilities, strengths, and potential drawbacks each one offers. With that in mind, the editors at Solutions Review have compiled this list of the best ERP software companies in the marketplace to help companies search for the best tool for their organization’s needs.
Note: Companies are listed in alphabetical order.
Platform: Acumatica Cloud ERP
Description: Acumatica provides cloud and browser-based business management software solutions for small and mid-sized businesses. The Acumatica ERP solution offers clients a suite of integrated applications for financials, manufacturing, project accounting, retail, distribution, construction, and CRM that are all based around and powered by a single cloud-based platform. The company also has an extensive network of global partners and complementary applications that users can integrate into Acumatica’s solutions and expand its functionalities.
Platform: Aptean ERP
Description: Aptean is a provider of industry-specific software for specialized manufacturers and distributors across 20 markets worldwide. The company’s ERP, supply chain, transportation management, manufacturing execution, product lifecycle, customer experience, warehouse management, and other solutions can help businesses of all sizes scale and adapt to the trends in their industry. Aptean provides cloud and on-premise deployment options to meet the unique needs of each company they work with.
Platform: Deltek ERP
Description: Deltek offers a collection of ERP, business development, professional services automation (PSA), project management, human capital management, information management, and small business software solutions. Deltek’s ERP and PSA solutions are available as cloud-based or on-premises systems and are developed to help companies streamline their core operations and boost departmental collaboration. The solution is used in many industries, including aerospace and defense, healthcare, non-profits, and education.
Platform: ECI Manufacturing ERP Suite
Description: For more than 30 years, ECI Software has served the manufacturing, office supplies, service technology, contract office furniture, lumber and building materials, hardware, and jan/san sectors. It is a privately-held company providing on-premise and cloud-based technologies, alongside industry-specific software, for small to medium-sized companies. The services offered include implementations, consultations, management, analytics, support, and product-specific training to help business owners streamline their day-to-day operations.
Platform: Epicor Kinetic, Epicor Prophet 21
Description: Epicor Software Corporation provides industry-specific business software designed around the needs of manufacturing, distribution, retail, and services organizations. The company offers unique solutions for business processes and operational requirements available in the cloud or on-premises. The company has nearly 50 years of experience with analytics, CRM, data management, ERP, e-commerce, financial, HR, sales, and supply chain management tools. Epicor also offers consulting, update, migration, education, cybersecurity, and implementation services to help its clients succeed.
Platform: ERP Gold
Description: ERP Gold offers a full-stack intelligent ERP solution that brings significant business operations from marketing, lead generation, CRM, inventory, purchases, payroll, and project management to accounting in one platform. ERP Gold’s cloud-based system offers a secure SSL connection for easy, encrypted access from anywhere in the world. ERP Gold is heavily focused on the marketing, sales, and client relationship side of the business, so there are no missed opportunities. With EPR Gold, you can integrate third-party APIs so you can manage all your solutions in one location.
Platform: Exact ERP
Description: Exact provides start-ups, small companies, accountants, manufacturing companies, wholesalers, and service providers with a suite of financial and business software solutions that can be deployed in the cloud or on-premises. The company’s products include financial software, CRM, human resource management, business management, and ERP solutions geared toward manufacturing, wholesale distribution, and project management tasks. Exact also offers over 200 add-on applications that clients can use to expand the software.
Platform: FinancialForce Cloud ERP
Description: FinancialForce is a leading cloud-based ERP for the new services economy and one of the top ERP solutions native to the Salesforce platform. The company’s solutions unify data across the enterprise in real-time, enabling companies to evolve their business models with customers at the center rapidly. Built on the Salesforce platform, FinancialForce software offers centralized billing capabilities to facilitate accurate invoicing for products, services, subscriptions, contracts, projects, and more.
Platform: Infor ERP
Description: Infor was founded in 2002 and is a global provider of cloud-based software solutions for the manufacturing, distribution, consumer products, public sectors, energy, healthcare, hospitality, and service industries. The business applications Infor offers are specialized by industry and are built to give users everything they need to run day-to-day operations and grow their business for the long term. System functionalities can help users take advantage of data-driven insights, adapt to emerging trends and challenges, and accelerate their path to innovation.
Platform: IFS Cloud
Description: IFS develops and delivers ERP software for customers worldwide who manufacture and distribute goods, maintain assets, and manage service-focused operations. IFS’s products are user-friendly, flexible, and modular in design. The IFS Applications business software provides increased ERP functionality, including CRM, SCM, PLM, EOI, enterprise asset management, and MRO capabilities. IFS ERP includes planning and scheduling capabilities across Enterprise Project Management, Enterprise Asset Management, and Service Management functions. It can be configured for various industries and excels in demanding settings.
Platform: Intact iQ
Description: Intact Software is currently known for providing the flexible Intact iQ, an ERP solution directed towards small and medium-sized businesses. Intact’s iQ ERP software allows users to view all aspects of their business from one platform. The ERP solution can be used across multiple mobile devices through its cloud capabilities and includes a built-in email platform and SMS messaging functionality.
Platform: Microsoft Dynamics 365
Description: Dynamics 365 goes beyond traditional ERP systems by bringing comprehensive enterprise resource planning functionality together with the Office 365 apps you already know in a single, cloud-based service. If you’re a small or medium-sized business, it helps you manage your finances. If your enterprise is larger, you can manage your operations and increase your speed of doing business. And Dynamics 365 powers insights that help you make data-driven decisions to improve your business performance.
Platform: Multiview ERP
Description: Multiview Financial Software provides companies with easy-to-use financial applications built to help its users improve their financial planning and accounting efforts. As an “ERP software built for accountants by accountants,” Multiview comes equipped with core accounting capabilities for accounts payable, accounts receivable, and general ledger, alongside various business insights, automation, and inventory management tools. The Multiview Financial ERP platform provides organizations with a single point of truth that improves visibility across divisional, regional, or product line silos.
Platform: NetSuite ERP
Description: Netsuite is a global provider of cloud-based services for organizations in over 20 industries that need help growing, scaling, and adapting to changes in their industry of choice. With features for advanced financial management and supply chain planning, NetSuite provides its users with the tools they need to accelerate growth and drive innovation. The company primarily works with healthcare, financial services, higher education, manufacturing, and retail.
Platform: Odoo
Description: Odoo provides companies with a suite of open-source business management applications for CRM, e-commerce, inventory management, point-of-sale, accounting, project management, human resources, and more. The company offers 30 applications that can be added to the platform as needed and cover everything from warehousing, manufacturing, and sales channels to timesheets, websites, purchasing, and more. With various pricing points for different needs, Odoo is an accessible option for growing companies looking for a solution that can scale alongside them.
Platform: Priority ERP
Description: Priority Software provides organizations of all sizes with flexible, scalable, and end-to-end ERP solutions. With built-in AI capabilities, an intuitive user experience (UX), various social engagement tools, mobile management, business intelligence, CRM, HR management, supply chain management, customer services, and other features, Priority’s cloud-based ERP system can meet the needs of companies across industries.
Platform: ProcessPro ERP
Description: ProcessPro is a mid-market ERP software provider working with the process manufacturing industry. The company’s robust ERP solution includes manufacturing, financial, and inventory integrations covering the entire plant operation process, from order entry to inventory, manufacturing, packaging, shipping, and accounting. Its solutions can be used on-premises or in the cloud and contain sales management, reporting, compliance, and more functions.
Platform: QAD Adaptive ERP
Description:QAD began in 1979 as a small startup looking to address a significant gap in business software for manufacturing companies. Today, they offer a flexible ERP solution for those same customers. Their ERP software is typically recommended for organizations with six or more users accessing the system. The platform provides users around-the-clock and around-the-world support in all major languages. Running on the QAD Cloud, QAD’s ERP delivers excellent availability and performance with the security demanded by a mission-critical application, including support for GPDR.
Platform: Ramco ERP
Description: Ramco is an India-based software company and global provider of enterprise software. The company provides clients with an ERP suite equipped with functionalities for AI, machine learning, finance, accounting, quality management, supply chain management, HR, and other business tools. The company primarily works with aviation, manufacturing, facility management, logistics, energy, and other worldwide markets.
Platform: Sage X3
Description: Sage is a technology provider offering cloud business management solutions for worldwide small and medium-sized businesses in professional services, wholesale distribution, construction, manufacturing, nonprofit, and food and beverage. The company offers three ERP solutions—Sage 100, Sage 300, and SageX3—equipped with inventory management, HR, accounting, CRM, and more. Sage also has a network of partners that customers can use to further their goals.
Platform: SAP S/4HANA Cloud
Description: SAP provides businesses with its SAP S/4HANA next-generation ERP software, offering robust functionality across some industries, including manufacturing, services, retail, wholesale distribution, and more. S/4HANA provides applications covering customer relationship management, financials, human capital management, and product lifecycle management. This vendor offers a wide variety of solutions that primarily serve medium and large-sized businesses and is a good choice for widespread and complex organizations that need to control many different facets of their business.
Platform: SYSPRO ERP
Description: SYSPRO is a global provider of enterprise resource planning (ERP) software for companies of all sizes in the manufacturing and distribution markets. SYSPRO’s scalable ERP, CRM, smart manufacturing, and POS solutions can be deployed on-premises, in the cloud, or as a combination of both. Its platform can be accessed from any device connected to the internet. The company can also act as an advisor to clients, offering various support services to clients.
Platform: Unit4 ERP
Description: Unit4 provides next-generation enterprise solutions for people-centric, mid-market organizations worldwide. The company’s cloud software brings together financial, project management, HR, procurement, and FP&A capabilities to a unified platform capable of sharing real-time information with users. Unit4 works with higher education, nonprofit, professional service, architecture, IT, and public sector industries.
Platform: Workday
Description: Workday equips its clients with a cloud-based ERP software geared toward medium businesses and larger enterprises in communications, life sciences, energy, insurance, hospitality, retail, nonprofit, manufacturing, and other industries. The company’s service tools cover financial management, HR, payroll, talent management, analytics, planning, and workforce management, among others.
Platform: WorkWise ERP
Description: WorkWise, an Aptean company, develops ERP and CRM solutions for the manufacturing industry. The company’s ERP application suite includes customer order management, estimates, e-commerce, electronic data interchange (EDI), return merchandise authorization (RMA), forecasting, inventory, quality management, finance, analytics, and other features to help companies improve their business processes.
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Odoo's Rapid Solution for KSA E-Invoicing (FATOORA) – PR Newswire
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Businesses can now use ZATCA compliant E-Invoicing solution within a few days
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Dec 13, 2021, 07:36 ET
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DUBAI, UAE, Dec. 13, 2021 /PRNewswire/ — The government of Saudi Arabia (KSA) has implemented e-invoicing (FATOORA) as a mandatory requirement from December 4, 2021, under which VAT applicable businesses have to use a compatible system to generate invoices and provide an option to capture QR codes as per Zakat, Tax and Customs Authority (ZATCA) guidelines. This means that suppliers will no longer be allowed to generate or store paper or PDF invoices.
Odoo, a leader in open source all-in-one business software, has the localized solution for KSA e-invoicing Phase One already available for their customers. This solution assists all current and future Odoo customers to comply with ZATCA quickly and efficiently. While a traditional ERP is expensive and frequently fails to adapt to the unique needs of a business, Odoo’s flexible and simple software allows for the entire e-invoicing solution to be implemented within just a few days.
"As ZATCA announced violations and penalties in relation to e-Invoicing in KSA, our Odoo team is ready to assist taxpayers rapidly so that in just days we make sure they are compliant with the e-invoicing regulations and requirements," says Pavitra Singh, Managing Director of Odoo Middle East DMCC. "We’ve assisted already the majority of our Saudi Arabian customers to be compliant and avoid any costly penalties."
The Kingdom has been one of Odoo’s most important and successful regions, and the team continues returning to Riyadh, Jeddah, and Khobar to host their Roadshows, a series of events all around the world that are organized after the release of a new version of the software. With over 7 million users worldwide, the IT giant believes that the FATOORA e-invoicing project is an important step towards building a robust digital economy in KSA, and reaching the ambitious 2030 vision goals set by its leaders.
With Odoo’s ERP software their KSA customers, the likes of Siefco, Al Bassami International Group and Saudi Red Bricks Company, will be able to manage their finances and stay automatically compliant with the local tax laws with ease and efficiency. On top of that, businesses can manage not just their accounting books, but also their marketing, HR, sales and all other business processes across Odoo’s 60+ business applications.
About Odoo
Odoo is a leading provider of all-in-one open source business software for companies worldwide ranging from startups (1 user) to large enterprises (300,000+ users). Founded in 2005, Odoo thrives in a unique and fully open ecosystem combining the resources of its community and partners to deliver a full range of easy-to-use, integrated, and scalable business applications. The software is available online on www.odoo.com.
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How to Choose a Healthcare ERP System – CIO Insight
To keep up with continually changing regulations, a new trend indicates that healthcare organizations are turning to enterprise resource planning software to keep up with operational costs, staff and patient trends, and changing state and federal regulations.
Read more on eWeek: 4 Keys to a Successful SaaS Solution in Healthcare
Table of Contents
Enterprise resource planning, or ERP, is a type of software that organizes users to better manage day-to-day business activities. An ERP system combines business operations across platforms, streamlining information, mitigating data duplication, and preserving data integrity. A well-working ERP system will include accounting, finance, procurement, project management, supply chain management, and enterprise performance management.
ERPs aim to streamline business practices, so users focus on more important operations — like patient care. Several considerations must be addressed when discussing ERP systems. For healthcare businesses specifically, ERP must provide the following benefits.
The platform should eliminate repetitive and inaccurate coding data in areas like scheduling, patient care, pharmacy, or human resources. When the ERP is working properly, service and supplier codes have accurate authorization codes and billing codes attached to the electronic medical records (EMR). This way, staff will have correct codes that indicate proper pay is attached to the correct patient service provided within payroll software.
Another factor to consider is supply chain management and diversification. According to a recent CIO Insight article, “with a larger and more diverse collection of medical items to track and distribute, healthcare companies need to find ERP options that accurately and efficiently connect their supply chain workflow to vendor invoicing and the specific needs of all of their facility locations.”
Successful supply chain management under an ERP will incorporate inventory, shipping, billing, and predictive analysis to manage, order, donate, and track depletion rates.
Elasticity is one of the most important factors to consider when choosing an ERP. In particular, it is important to consider an ERP system that can accommodate frequently changing state and federal regulations for compliance. A successful ERP platform includes robust employee and patient management alongside built-in compliance features to keep state and federal violations at a minimum.
This flexible system will account for updated state and federal regulations requiring HIPAA and security protocols to prevent data breaches, decrease human error, and provide added online security with the increasing usage of telehealth.
Read more on TechRepublic: How Healthcare Organizations and Patients Are Increasingly at Risk From Cyber Threats
The final consideration to address is that an ERP “platform incorporates predictive analytics and AI (artificial intelligence) centered on patient quality assurance.” Predictive analysis is incredibly important, and arguably one of the most important aspects to consider when comparing ERPs. Predictive analytics seeks out and addresses factors that are a potential risk to the patients, staff, and organization.
When deciding upon an ERP, take the time to process each aspect of the system.
Read next: What Are Key Features of Healthcare ERP Solutions?
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