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NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by a...Read more about NetSuite

JobBOSS²

JobBOSS² helps job shops, make-to-order manufacturers, and contract manufacturers improve profitability and manage their supply chain. By integrating people, processes, and technology, our quote-to-cash solution reduces bottleneck...Read more about JobBOSS²

Brokermint

Cloud-based residential real estate brokerage solution including robust real estate accounting, commission automation, transaction management, and more. Simplify and automate your office to move at the speed of the market. No mo...Read more about Brokermint

Odoo

Odoo is the #1 open-source integrated business apps suite. Main apps include Website Builder, eCommerce, CRM, Accounting, Project Management, Warehouse Management, Manufacturing, Human Resources, and Marketing. There is an app for...Read more about Odoo

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BQE CORE Suite

BQE’s powerful all-in-one platform and expert support give Architecture, Consulting, and Engineering firms the intuitive tools they need to meet the demands of their firm, empower their team, maximize profitability, and deliver su...Read more about BQE CORE Suite

Deltek Vision

Deltek Vision is a cloud-based project-based solution for professional services firms that is available for cloud or on-premise deployment. It combines project accounting, resource management, project management, time/expense mana...Read more about Deltek Vision

Sage Intacct

Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational insight...Read more about Sage Intacct

SAP S/4HANA Cloud

SAP S/4HANA Cloud is a cloud-based and on-premise enterprise resource planning (ERP) solution. It is suitable for small, midsize and large businesses in industries such as automotive, engineering, construction, mining, research an...Read more about SAP S/4HANA Cloud

ERPAG

ERPAG is a cloud-based enterprise resource planning (ERP) solution. It is suitable for small and midsize businesses in various industries, including automobile, retail, education, information technology and more. Primary features ...Read more about ERPAG

SAP Business One

SAP Business One is a modular and integrated enterprise resource planning (ERP) solution. This platform integrates financials, CRM, inventory, sales and operations management modules within a single system. SAP Business One automa...Read more about SAP Business One

DELMIAworks

DELMIAworks (formerly IQMS) 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, and elec...Read more about DELMIAworks

Premier

Premier is the global leader in construction ERP, tops Forbes Advisor's list for Construction Accounting Software in 2023. Tailored for General Contractors, Developers, Homebuilders, and Specialty Contractors, our all-in-one platf...Read more about Premier

Deltek Costpoint

Deltek Costpoint is an enterprise resource planning (ERP) and management solution designed to meet the requirements of midsize and large enterprise businesses. The solution primarily assists government contractors, professional se...Read more about Deltek Costpoint

ePROMIS ERP

ePROMIS FutureGen Enterprise Cloud is an all-in-one cloud platform that provides businesses with comprehensive management functionalities such as ERP, HCM, CRM, EAM, CAFM, B2B & B2C solutions, and more. ePROMIS offers a wide range...Read more about ePROMIS ERP

Statii

Statii software is a cloud-based system for small manufacturing companies. The solution is designed to facilitate communication between team members more effectively and manage activities involved in any manufacturing process. The...Read more about Statii

FOUNDATION

Since 1985, FOUNDATION has been a trusted name in construction accounting, project management and payroll processing. With powerful job cost accounting and features built specifically for the construction industry, FOUNDATION has...Read more about FOUNDATION

Kinetic

Capture the true value of cloud ERP with Epicor Kinetic, a solution made with manufacturers, for manufacturers. An intuitive, configurable, and guided user experience with embedded learning helps you maximize your profitability wi...Read more about Kinetic

MIE Trak Pro

One word sums up MIE Trak Pro: flexibility. You may be using tired old spreadsheets or an ERP system that can't scale with your manufacturing company. When your organization grows, MIE Trak Pro adapts to your needs, striking a bal...Read more about MIE Trak Pro

Brightpearl

Brightpearl is a complete Retail Operating System for brands, retailers and wholesalers, that’s designed to scale with fast-growing e-commerce brands. Our platform offers flexibility to respond to rapid changes in demand with Plug...Read more about Brightpearl

JD Edwards EnterpriseOne

Oracle JD Edwards EnterpriseOne is an enterprise resource planning software with primary features such as real estate management, human capital management, environmental health and safety and commodity trading. What is JD...Read more about JD Edwards EnterpriseOne

Buyers Guide

Last Updated: March 16, 2023

As the prevalence of cloud solutions in areas like customer relationship management (CRM), human resources (HR) and accounting has increased, so too has interest in cloud enterprise resource planning (ERP) software. ERP software has been slower to adapt to the cloud trend due the sophistication and computing requirements typical of an ERP system.

That is starting to change, however, as a small but increasing number of ERP vendors begin to offer their system in the software-as-a-service (SaaS), or cloud, model. Although there are relatively few cloud ERP options on the market today, every major ERP vendor offers some form of Web access to their software. We wrote this buyer’s guide to sort through the myriad of Web-based ERP solutions on the market.

Here’s what we’ll cover:

What Is Cloud ERP Software?

Common Features of Cloud ERP Software

What Type of Buyer Are You?

Benefits and Potential Issues

What Is Cloud ERP Software?

Cloud ERP is the software-as-a-service (SaaS) deployment model for enterprise resource planning (ERP) software, which streamlines separate business functions into a single unified system.

Sales-order-review-screenshot-in-Blue-Link

Sales order review screenshot in Blue Link

Generally speaking, ERP software is an umbrella term describing a system that captures and shares information across all departments and business functions. Whereas a traditional ERP system is installed and maintained on location, cloud ERP software is delivered purely through a Web browser via an Internet connection. Note that:

  • In the cloud model, the software vendor houses and manages the software and buyers pay a subscription price for the software—typically on a monthly or annual basis. This removes the need for businesses to host and maintain the software and data on their own servers.

  • This model is not to be confused with “Web-enabled” software, which means that the software is still installed on-site but the data is accessible online.

  • In both cases, system data can be accessed through an Internet connection, enabling employees to remotely access their business data through any device with online capabilities.

Common Features of Cloud ERP Software

Cloud ERP software includes the same features as on-premise ERP solutions, including:

ERP accounting

Includes general ledger, accounts receivable, accounts payable and payroll.

Business intelligence

Used to analyze and report business data to help companies make better decisions. Funtionality includes analytics, data mining, reporting and more.

Customer relationship management

Used to manage interactions with prospects, customers and clients across all departments, including marketing and sales.

Human resources

Manages HR activities such as personnel tracking and benefits administration, as well as new strategic initiatives like talent management and learning management.

Inventory management

Helps companies track up-to-date information about their product supply, maintain stock levels and avoid inventory depreciation and overspending.

Manufacturing

Includes manufacturing resource planning software, manufacturing execution systems (MES), bill of materials (BOM), product life cycle management and more. 

Supply chain management

Tracks goods as they move from manufacturing facilities to distribution centers to retail stores. Includes functionality to adjust inventory with demand changes monitor performance of suppliers and warehouse management.

What Type of Web-Based ERP Buyer Are You?

Prior to beginning your software selection process, it’s important to know what type of buyer you are. This will help narrow your options and provide a good launching point for deciding which system is best for you. Generally speaking, there are three types of buyers:

Full-suite buyers. These buyers want a single, integrated system to run their entire business. The goal in relying on a single system is to mitigate integration issues and facilitate a smoother flow of information between departments and business functions. These buyers favor cloud ERP suites, such as SAP Business ByDesign, NetSuite Manufacturing Edition and Infor Syteline.

Best-of-breed buyers. These buyers favor purchasing specialize applications that perform a single function, such as an HR system or CRM system. Typically, they’re looking for an application that has more robust functionality than what’s offered in an full-suite package. These buyers favor best-of-breed applications such as Taleo, Salesforce and ADP.

Small business buyer. Historically, there have been few options for small businesses to choose from when it comes to ERP software. That’s changing, however, as the software-as-a-service (SaaS) trend strengthens in the ERP software market. Of course, there are still several on-premise software systems available for small business buyers. Examples include MISys, Exact and Made 2 Manage by Consona.

Benefits and Potential Issues

Web-based ERPs have a number of key benefits over locally installed systems but also have their drawbacks:

Ease-of-use. Since Web-based ERP is delivered via a Web browser, the interface will have the familiar look and feel of a Web page. This means that it will be fairly intuitive to use and should reduce the need to invest in employee training.

Reduced IT costs. Because the software vendor hosts and maintains the software—performing maintenance, upgrades and back-ups—there is less need to invest in an in-house IT team.

Connectivity requirements. The biggest concern with a Web-based system is that it relies on a strong, consistent Internet connection. If you have an unreliable Internet connection, then you may want to resolve connectivity issues before pursuing a Web-based system.

Customization difficulties. Since every business receives the same version of the software, it is typically more difficult to customize a cloud ERP solution. However, this is starting to change as technology advances.