Are you looking for the best ERP software tools for your business? Then you have come to the right place!
In the environment of break-neck competition, it has become necessary for organizations to manage their resources and all operations efficiently. That is where the role of ERP comes into play.
What exactly is an ERP system?
An enterprise resource planning (ERP) system is like a single software package that integrates all the core activities of your business into one system, helping you streamline your operations and data more efficiently. It contains tasks like supply chain management, human resources, financial management, sales and marketing, logistics, and trading.
Moreover, the ERP system provides transparency within the workflow and a centralized structure within the organization so that everyone can stay updated with all brand-new pieces of information. In fact, most profitable businesses have already deployed them in their companies.
However, with the plethora of options available on the market, it becomes tedious to find the right one. That is why we have shortlisted the 10 best well-researched ERP software tools that will help you in managing all your tasks competently.
Read: Common Challenges in ERP Software Development and How to Overcome Them
So let’s dive into them!
How do I choose the best ERP software tool for resource planning?
There are different types of ERP tools available on the market, depending on distinct project-based needs. So, it is crucial that before you embark on your journey to finding the best one, you analyze your business requirements first.
In addition to this, there are other standard criteria that will help you select the best ERP software tool for your company. These are as follows:
User Interface (UI)
Usually, ERP systems consist of a wide array of features, which can seem a bit cluttered to end-users and thus make things complicated for performing multiple tasks. So, always look for software that has an intuitive interface and easy navigation so that there is no confusion.
Usability
Always goes for the tools that can aid your business with real-time insights and a simple implementation process.
Integrations
Choose an ERP system that has the functionality of third-party app integrations. This could be with human resources, marketing, the finance department, or any other department. For instance, the majority of ERP vendors, such as Oracle Netsuite, Microsoft Dynamics 365, Odoo, and others, can enhance their functionality via integrations.
Pricing
Always looks for value-for-money features and don’t overstress yourself financially by raising your budget. There are a couple of ERPs that come with free trials or even pay-as-you-go pricing models. So, always explore your options and then make an informed decision.
Learn: Cloud vs. On-premise ERP: Which one is right for your business?
Best ERP software tools for resource planning
Zoho Creator By Zoho
Zoho creator is a powerful ERP software tool that seals the gaps in traditional ERPs and provides a custom integrated solution that helps you build, organize, and automate all your tasks in one place. The software lets you integrate with more than 650 applications without typing a single line of code. With 6 million users globally, the tool lets you choose from a wide range of custom ERP systems, including sales and marketing, human resources, operations, finance, customer support, IT, and administration.
Here are its other potential key features:
- Create dedicated, personalized portals for both customers and business partners.
- Provides in-built enterprise security for applications and data.
- Supports multi-currency payment integrations.
- Multi-device compatibility, such as phones, tabs, foldable devices, and smart TVs.
- It takes less time to roll out the application.
Pricing:
In addition to its 15-day free trial, the software is available in the following plans:
- Standard at 480 INR a year.
- Professional at 1200 INR a year.
- Enterprise at 1500 INR a year.
- Flex depends on your tailored plan.
Microsoft Dynamics 365
Transform your business operations with Microsoft Dynamics 365, streamline all your operations and finances, and drive your business growth. The in-built cloud system implementation lets your team access data and applications across the globe and stay connected. This boosts overall productivity and, at the same time, saves resources. This ERP software is designed to meet all kinds of needs for all sizes of businesses.
According to Forrester Consulting, it has been a proven tool for businesses to increase their financial personnel productivity with a 73% reduction in time and a 215 percent increase in ROI, which is more than huge.
Here are its other potential key features:
- Multi-department integration, including Finance, Project Operations, Business Central, Supply Chain Management, Intelligent Order Management, Commerce, and Fraud Protection.
- Easily integrate your ERP system with demanding applications and customise them as per your needs.
- Follows country-specific compliance and tax guidelines.
- Get real-time insights with machine learning and artificial intelligence.
Pricing:
The ERP system offers an array of monthly plans for different departments and has been divided into two broader categories: the first Dynamics 365 app and the subsequent qualifying Dynamics 365 app. For detailed information, click here.
Oracle
Trusted by 10,000 leading companies, Oracle’s Fusion Cloud enterprise resource planning offers a modern, fully-fledged cloud ERP suite that comes with built-in AI capabilities and real-time changing market insights that help businesses solve complex problems while also letting teams keep up with fast-pacing technology.
And its integrations with some renowned third-party apps give it brownie points. Moreover, the tool is capable of handling a giant amount of data, which makes it an ideal solution for large-scale companies.
Here are its other potential key features:
- Get an in-sync financial analysis report of the fast-paced, changing business environment.
- The cloud-based system updates every quarter, so you never miss out on any technology.
- Deploy the business operations at your own pace, like handling financials, company expansion, or logistics.
- Oracle’s digital AI assistant eliminates the manual process, speeds up the work, and lets you launch new business models easily.
- Offering 1700+ new features to maintain the productivity of businesses.
- Smoothly take your business to the cloud with their robust technical support.
Pricing:
Check out their detailed pricing plan over here.
NetSuite ERP
NetSuite is a versatile and all-in-one cloud management solution that boosts the performance of an organisation by providing real-time insights and automating core processes.
With 36,000+ customers, the ERP solution is benefiting companies worldwide by giving them sufficient time to adapt to the changes, freeing up resources that are not currently in use, reallocating them to where they are needed, and staying at the top of the league.
All in all, it is an excellent tool to better plan your organisation’s resources and boost productivity.
Here are its other potential key features:
- Transform your general ledger and streamline all your tax and financial operations.
- Provides stakeholders with real-time inventory reports.
- Manage the supply-chain demand in the extreme situations.
- It takes a predictable timeframe to go live, from sales to customer support.
Pricing:
They have not disclosed the pricing of their software. To know the exact pricing of their customized plans, click here.
ERPNext
If you are looking for an agile open-source ERP software tool, then ERPNext is the perfect choice for you. It comes with 1000+ objects to manage all facets of business and smoothly run the operations, including financial accounting, order management, HR and payroll, CRM, Helpdesk, website, and a lot more.
Moreover, it has built-in integrations with some of the most popular and powerful applications, including PayPal, Dropbox, Slack, Amazon Web Services, Stripe, Google, Shopify, and a lot more.
Here are its other potential key features:
- Provides a fully-fledged real-time accounting dashboard.
- Offers a fully optimized website with blogs, forms, and webpages.
- Track all your tasks and timesheets by project.
- Save money and resources by efficiently managing your sales cycles, from sales to purchase orders.
- Robust customer support with an integrated issue tracking system
Pricing:
ERPNext is available in the following plans:
- Open-source, i.e., free of charge.
- Cloud, which includes hosting, at 820 INR per site per month.
- Enterprise, built for scale, at 85,000 INR per site per month.
Odoo
Odoo is another open-source enterprise tool that comes with an in-built integration of a family of apps and a centralized system, helping businesses and their teams access the world’s largest ecosystem of completely integrated solutions.
Also, it lets businesses automate their operations and consistently track and monitor their performance. Overall, it is a great tool for startups and small businesses.
Here are its other potential key features:
- Offers fully fledged customized website modules, including eCommerce, eLearning, live chat, forums, and blogs.
- Tailor sales department solutions, including CRM, invoicing, sales, subscriptions, rentals, and more.
- Grow your knowledge by joining the like-minded community, the GitHub forum, and using tutorial resources.
- Customise other inter-departmental activities, including marketing, HR, and manufacturing.
Pricing:
In addition to its free trial, the ERP software is available in the following plans:
- One app is free at 0 INR.
- Standard at 609 INR per user per month.
- Custom at 915 INR per user per month.
Acumatica
Last but not least, an effective enterprise resource planning (ERP) system is Acumatica, which offers a variety of expert service automation capabilities for startups and mid-scale businesses. Despite being very customizable and packed with useful features, Acumatica retains a user-friendly interface that makes it usable by people of various technical backgrounds.
Here are its other potential key features:
- Gives you a fully-fledged cloud ERP solution.
- Improve team efficiency with an intuitive interface.
- Easily integrate with third-party apps.
- Customise your workspace with a minimal to no-coding environment.
- Collaborate and switch across modules to access more real-time data.
Pricing:
Learn about the pricing of tailored plans here.
Workday
Workday is another potential ERP software tool for human resources and financial management that uses the power of AI to drive up operations, streamline processes, and enhance the overall performance of your business.
Moreover, with real-time insights, it helps businesses make mindful financial and project-related decisions. All these features make it a desirable option for all sizes of businesses.
Here are its other potential key features:
- With a single source for financial, customer, and operational information, they can access real-time insights and make sound decisions.
- Keep your business and team adapted to the latest innovations and tech trends.
- Amplify your efficiency and performance with an in-built AI system.
Pricing:
The company has not disclosed its pricing on its official website. Connect with their sales team to learn about their plan.
Orion
Orion is another great ERP tool from 3i Infotech that helps small and medium-sized businesses better plan their resources, collaborate, and streamline their entire set of processes. The number of solutions this software provides includes managing rental and sales operations, building robust customer relationships, and enhancing reliability across team networks.
Here are its other potential key features:
- Compatible with other third-party products.
- Suitable for multi-dimensional kinds of businesses including manufacturing, contracting, distribution, trading, retail, and more
- Automate the payables with integrated AP automation software.
- Supports multi-currency payments for international companies.
Pricing:
Connect with their sales team to know the exact pricing of their ERP modules.
Sage Intacct
The cloud-based economic and asset administration ERP tool, Sage Intacct, offers robust accounting features to simplify financial management. It offers an extensive list of fundamental accounting functions, including cash management, bills payable, accounts receivable, and handling inventory.
Here are its other potential key features:
- Works seamlessly with versatile industries like food and beverage, distribution, chemicals, process manufacturing, and others.
- Streamline your work across multiple websites.
- Offers both mobile and cloud solutions, so your team can access them from anywhere.
- Let us customize your workspace and eliminate unnecessary clutter from the business and customer sides.
Pricing:
Contact customer support to learn about their pricing plans.
Wrapping-Up
So, that is all with the list of the best ERP software tools for resource planning that would help you bring out the most efficiency in your business operations. Also, with so many choices listed above, the best one depends on your company’s requirements, so assess them first.
And if you are already using one and are still looking for the right ERP tool, then don’t forget to share with us which one you found most worthy and why.
We would love to hear that.
