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ERP Software


 
Global Shop Solutions logo
 
One-System ERP Solution is a highly-customizable solution for any size manufacturing operation. It's robust, yet flexible with a built-in software development tool to create applications that meet your exact specifications.
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One-System ERP Solution is a highly-customizable solution for any size manufacturing operation. It's robust, yet flexible with a built-in software development tool to create applications that meet your exact specifications.
 
Sync logo
 
Sync is an integrated enterprise resource planning (ERP) and product lifecycle management (PLM) solution designed specifically to meet the requirements of the apparel & footwear industry. The solution includes various integrated modules... Read More
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Sync is an integrated enterprise resource planning (ERP) and product lifecycle management (PLM) solution designed specifically to meet the requirements of the apparel & footwear industry. The solution includes various integrated modules... Read More
 
COINS logo
 
COINS develops, implements and supports enterprise resource planning software for the construction industry. The company has been in business for nearly 40 years, working with construction companies across the U.S. The COINS construction... Read More
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COINS develops, implements and supports enterprise resource planning software for the construction industry. The company has been in business for nearly 40 years, working with construction companies across the U.S. The COINS construction... Read More
 
abas ERP logo
 
Abas ERP is a solution geared towards small to midsized manufacturers and distributors. Abas has three main application offerings on the market today: Abas ERP, Abas Distribution and Abas eB, a line of e-business solutions that... Read More
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Abas ERP is a solution geared towards small to midsized manufacturers and distributors. Abas has three main application offerings on the market today: Abas ERP, Abas Distribution and Abas eB, a line of e-business solutions that... Read More
 
IFS Applications logo
 
Designed for medium-sized and large manufacturers that fulfill custom orders, IFS Applications offers features for shop floor control, capacity planning and more. The software serves chemical, aerospace and other segments.
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Designed for medium-sized and large manufacturers that fulfill custom orders, IFS Applications offers features for shop floor control, capacity planning and more. The software serves chemical, aerospace and other segments.

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BatchMaster ERP logo
 
Adds formula based manufacturing capabilities to SAP Business One, Microsoft Dynamics GP, SAGE 300 and QuickBooks for process manufacturers in Food, Beverage, Nutraceutical, Cosmetics, Chemicals and Life Sciences.
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Adds formula based manufacturing capabilities to SAP Business One, Microsoft Dynamics GP, SAGE 300 and QuickBooks for process manufacturers in Food, Beverage, Nutraceutical, Cosmetics, Chemicals and Life Sciences.
 
Geneva Business Management Systems (GBMS) logo
 
Realizing that each organization needs different components from their software, Geneva preforms a System Requirements Definition Study to help customize. The solution is also accessible whereever there is an Internet connection.
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Realizing that each organization needs different components from their software, Geneva preforms a System Requirements Definition Study to help customize. The solution is also accessible whereever there is an Internet connection.
 
Ventus logo
 
Ventus, by Vertical Market Software, incorporates over three generations of construction industry knowledge into the software. The software serves a wide range of companies working in the construction market - HVAC and mechanical contractors,... Read More
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Ventus, by Vertical Market Software, incorporates over three generations of construction industry knowledge into the software. The software serves a wide range of companies working in the construction market - HVAC and mechanical contractors,... Read More
 
ECi M1 logo
 
ECi’s M1 is a solution that we recommend to manufacturers of made-to-order or engineered-to-order goods. Can also handle mixed-mode production. Users can purchase MRP as a stand-alone solution or within an integrated suite.
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ECi’s M1 is a solution that we recommend to manufacturers of made-to-order or engineered-to-order goods. Can also handle mixed-mode production. Users can purchase MRP as a stand-alone solution or within an integrated suite.
 
Entree logo
 
NECS has been developing software for over 25 years. NECS Entree offers industry-customized features, including special pricing for individual customers, route automation, and robust reporting.
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NECS has been developing software for over 25 years. NECS Entree offers industry-customized features, including special pricing for individual customers, route automation, and robust reporting.

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Blue Link ERP logo
 
Blue Link is well suited for small to medium sized distributors in North America with company revenues of $1 million to $50 million, 6-100 employees, and a need for 6-50 concurrent users. The system is built on Windows as an integrated... Read More
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Blue Link is well suited for small to medium sized distributors in North America with company revenues of $1 million to $50 million, 6-100 employees, and a need for 6-50 concurrent users. The system is built on Windows as an integrated... Read More
 
Microsoft Dynamics AX logo
 
A very flexible system, Microsoft Dynamics AX ERP is usually implemented on-site, but can also be web-hosted if needed. This broadly functioning software is usually used by business making around $50 million in annual sales.
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A very flexible system, Microsoft Dynamics AX ERP is usually implemented on-site, but can also be web-hosted if needed. This broadly functioning software is usually used by business making around $50 million in annual sales.
 
ERP-ONE logo
 
With deployment options of on-site or web-hosted, ERP-ONE by Distribution One can integrate with services like FedEx Ship Manager or Yahoo! Store Integration for maximum efficiency. This system is sold as a single, total solution.
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With deployment options of on-site or web-hosted, ERP-ONE by Distribution One can integrate with services like FedEx Ship Manager or Yahoo! Store Integration for maximum efficiency. This system is sold as a single, total solution.
 
Exact MAX Manufacturing logo
 
For manufacturers in the SMB space seeking a complete Enterprise Resource Planning (ERP) solution that offers the functionality they need at a price they can afford, Exact MAX Manufacturing is a great option to consider.
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For manufacturers in the SMB space seeking a complete Enterprise Resource Planning (ERP) solution that offers the functionality they need at a price they can afford, Exact MAX Manufacturing is a great option to consider.
 
Oracle JD Edwards logo
 
Oracle JD Edwards is designed to support medium-sized to large businesses, which makes the system well-suited for corporate spin-offs and subsidiary organizations. The system supports manufacturers, distributors and others.
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Oracle JD Edwards is designed to support medium-sized to large businesses, which makes the system well-suited for corporate spin-offs and subsidiary organizations. The system supports manufacturers, distributors and others.

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Intacct logo
 
Intacct is a Cloud-based accounting solution that we tend to recommend to firms in professional services, banking, real estate and related industries. In addition to best-of-breed accounting, Intacct offers BI and CRM.
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Intacct is a Cloud-based accounting solution that we tend to recommend to firms in professional services, banking, real estate and related industries. In addition to best-of-breed accounting, Intacct offers BI and CRM.
 
ProcessPro Premier logo
 
Ideal for manufacturers that need powerful quality control monitoring, ProcessPro® Premier is a complete Enterprise Resource Planning (ERP) solution that effectively manages inventory, manufacturing, and financials.
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Ideal for manufacturers that need powerful quality control monitoring, ProcessPro® Premier is a complete Enterprise Resource Planning (ERP) solution that effectively manages inventory, manufacturing, and financials.
 
NetSuite logo
 
Originally designed as an accounting system, NetSuite has gradually grown into a full-suite ERP with CRM, HR and business intelligence functionality. A leader in Cloud ERP, NetSuite currently supports more than 20,000 companies.
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Originally designed as an accounting system, NetSuite has gradually grown into a full-suite ERP with CRM, HR and business intelligence functionality. A leader in Cloud ERP, NetSuite currently supports more than 20,000 companies.
 
JobBOSS logo
 
For manufactures just starting out and looking to upgrade their software, we recommend Exact’s manufacturing execution planning and MRP solution, JobBOSS. Offered in three packages to accommodate buyers’ current and future needs.
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For manufactures just starting out and looking to upgrade their software, we recommend Exact’s manufacturing execution planning and MRP solution, JobBOSS. Offered in three packages to accommodate buyers’ current and future needs.
 
IQMS Manufacturing ERP logo
 
IQMS’ flagship product, EnterpriseIQ ERP, is developed specifically for SMB and large discrete, and batch process manufacturers in the aerospace, medical device, automotive, food and beverage, consumer products, plastics, packaging... Read More
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IQMS’ flagship product, EnterpriseIQ ERP, is developed specifically for SMB and large discrete, and batch process manufacturers in the aerospace, medical device, automotive, food and beverage, consumer products, plastics, packaging... Read More
 

Buyer's Guide

by Daniel Harris,
Market Research Associate
Last Updated: April 20, 2017


The enterprise resource planning (ERP) software market is large and complex. There are hundreds of vendors offering best-of-breed (i.e., stand alone) ERP applications or integrated ERP software suites. Additionally, many ERP software companies offer vertical market solutions to meet the unique requirements of specific industries, such as manufacturing, distribution, retail and others. We wrote this buyer’s guide to help organizations better understand how to select the best ERP system that suits their business needs.

Here’s what we’ll cover:

What Is ERP Software?
Common Features of ERP Software
What Type of Buyer Are You?
Market Trends to Understand
Recent Events You Should Know About

What Is ERP Software?

An enterprise resource planning system helps organizations track information across all departments and business functions, from accounting to human resources to sales and beyond. Common ERP functionality includes:

  • Product and purchase planning
  • Manufacturing and delivery planning
  • Inventory management
  • Shipping and payment
  • Supply chain management
  • Accounting
  • Marketing and sales
  • Customer relationship management

The term "ERP" took root in the U.S. around 1990 as a growing number of organizations required integration outside of—but not exclusive of—their manufacturing applications. They needed to share data from their MRP system with say, their financial accounting, customer relationship, supply chain or other applications. Enterprise planning software was introduced to describe a broader system that integrated each of these applications. The top ERP software packages will cover the following application categories. 

Common Features of ERP Software

ERP Accounting Accounting systems help organizations manage their financial transactions. At its core, it will have a general ledger, accounts receivable, accounts payable and payroll. Vendors often develop additional features and functionality to meet unique business and industry needs (e.g., Sage Nonprofit with fund accounting). Example vendors include Sage accounting software and Microsoft Dynamics.
Business intelligence Business intelligence, as a term, gained widespread adoption in the late '90’s. However, the technology has existed in some shape or form since the '60’s. It is used to analyze and report business data to help companies make smarter business decisions. Core functions include analytics, data mining, reporting and more. An example vendor is SAP.
Customer relationship management A CRM application is used to manage interactions with prospects, customers, clients and/or partners. It tracks activity across all departments: marketing, sales and service. Core applications closely align with these departments. They include sales force automation, marketing automation and service and support. CRM aims to increase customers, revenue and customer satisfaction. An example vendor is Oracle.
Human resources Modern HR systems help organizations manage traditional HR activities such as personnel tracking and benefits administration, as well as new strategic HR initiatives like talent management, employee evaluation and learning management. Example vendors include Epicor and Lawson Software.
Inventory management An inventory management program helps companies track up-to-date information about their product supply. Its aim is to maintain optimum stock levels so that companies avoid depreciation of inventory and overspending, and ultimately maximize profits. There are different types of inventory programs to meet the unique requirements of different industries and companies. For example, a food distributor will have different inventory management needs than say, an apparel retailer. Sample products include MAS 90 and 200 Software.
Manufacturing We wouldn’t have enterprise resource software if it wasn’t for manufacturing resource planning software. Today, it’s at the core of many well-known ERP systems. Other manufacturing applications and/or modules include manufacturing execution systems (MES), bill of materials (BOM), product life cycle management and more. Example vendors include NetSuite, Infor and Sage.
Supply chain management The supply chain management (SCM) application tracks goods as they move from manufacturing facilities to distribution centers to retail stores. Common applications include: supply chain planning to adjust inventory as demand changes; supplier management to monitor performance of suppliers; warehouse management to track placement of goods within a warehouse, and others.

What Type of Buyer Are You?

Before evaluating options and performing an ERP software comparison, you’ll need to determine what type of buyer you are. Over 90 percent of buyers fall into one of these three groups:

Enterprise resource planning systems buyer. These buyers require integration of data across all departments. They want to have everything in one system and avoid the technical challenges of integrating disparate applications. These buyers favor complete ERP solutions like SAP, Microsoft Dynamics, Infor, Epicor, Oracle and others.

Best-of-breed buyers. These buyers require a single component like a standalone CRM system or a HR system. They often need greater functionality and more features than what is offered in an integrated suite. Because of the functional depth these buyers require, it's important that they spend time evaluating reviews for specialized systems instead of integrated suites. 

Small business buyers. A year ago analysts predicted that the average company would have 18 employees before adopting an ERP system. Five years ago the average number was 29. Statistics aside, more and more small businesses want to leverage ERP technology for better business performance. In the past, high upfront costs and technical challenges kept many small businesses out of the market. But with a growing number of cloud options, small business buyers have a new opportunity to implement enterprise-level technology. Of course there are still on-premise or client/server options still available for small businesses.

Market Trends to Understand

There are several trends playing out in the market. ERP software vendors are consolidating, adoption of software as a service (SaaS) is growing and more. Here we’ll highlight a few you should know about.

Vendor consolidation. The consolidation of ERP products isn’t necessarily a new trend. Mergers and acquisitions have always been a part of this market's history. However, the rate at which it’s taking place and the implications it has for buyers are worth mentioning. Large vendors continue to acquire niche vendors to round out their product lines, acquire excellent technology or to expand into new geographic markets. Buyers need to consider this when evaluating systems. In a worst-case scenario, their provider gets acquired, the product gets sunsetted and support and updates are no longer available. Avoid this situation by considering a vendor’s financial and strategic viability.

Adoption of software as a service. SaaS or Web-based ERP is an appealing alternative to traditional on-premise systems. The initial investment is lower, the implementation can be quicker, the user interface is familiar (it runs in a Web browser) and companies don’t need full-time IT staff to maintain servers and hardware. Most ERP vendors now offer—or have plans to offer—some kind of Web-based option.

Mobile app development. Vendors have responded to rapid growth in smartphone adoption by developing mobile interfaces for their ERP software systems. For example, Oracle already has a mobile client, so do SAP and Epicor. 

Social media integration. Although very much in its infancy, many ERP companies are developing social media tools to keep abreast of the bigger trend playing out. Internal tools are being developed to foster greater collaboration among employees, while integration betwen ERP programs and outside networks such as Facebook and Twitter is also taking place.

Recent Events You Should Know About

ACCEO launches cloud-based ERP solution. ACCEO Solutions has launched a cloud-based ERP offering that is built on the Acumatica platform and targets the Canadian ERP market. The solution is the fruit of ACCEO’s OEM partnership with Acumatica.

Acumatica and Malaysia’s Censof sign deal to bring cloud ERP to Southeast Asia.Acumatica signed a long-term agreement with Malaysian financial management software vendor Censof Holdings Berhad (Censof) in September to offer ERP solutions in commercial and public sectors across Southeast Asia. The alliance gives Acumatica a competitive edge via quick access to the market. The companies hope to leverage cloud computing infrastructure, which is gaining traction in the region despite the current low adoption rates.

Anagram unveils cloud-based ERP system for UK small businesses. Anagram Systems launched a cloud-based version of Encore, its ERP software for small businesses. The service was developed keeping in mind the needs and limited budgets of businesses having 1-150 employees. It provides small businesses affordable access to advanced and secure hosting facilities as well as the full range of ERP capabilities.

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Free Download:
Ten Steps Guide To Selecting ERP Software

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How to Assess ERP Software Vendors' Viability (ERP Market)

 

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