10 Best Cloud-Based ERP Systems in 2024

Introduction

This blog post will look at the 10 best cloud-based ERP for systems available in 2024.

Enterprise resource planning (ERP) software has been around for decades and continues to be an essential tool for managing and automating business processes.

With the advent of cloud computing, businesses can now access ERP software over the internet rather than installing it on their hardware.

This has opened up new opportunities for businesses to leverage the power of ERP without the high costs associated with traditional on-premise solutions.

Benefits of Cloud-Based ERP Systems

Before we dive into the top 10 cloud-based ERP systems, let’s first take a look at some of the benefits they offer:

1. Lower upfront costs: Cloud-based ERP systems require less upfront investment than traditional on-premise systems because there’s no need to buy and maintain expensive hardware.
2. Scalability: Cloud-based ERP systems can be scaled up or down as needed, making it easier for businesses to adapt to changing demands.
3. Flexibility: Cloud-based ERP systems can be accessed from anywhere with an internet connection, which allows for remote work and collaboration.
4. Security: Cloud-based ERP systems are typically more secure than on-premise systems because they’re hosted on servers maintained and updated by the provider.

The top 10 cloud-based ERP Systems in 2024

1. NetSuite ERP

NetSuite ERP is a cloud-based solution offering robust functionality for mid-sized to large businesses.

It includes modules for financial management, inventory management, order management, project management, e-commerce, and CRM.

NetSuite is known for its strong integrations with other systems, making it a popular choice for businesses using other cloud-based software.

Pricing: Contact NetSuite for pricing.

2. SAP S/4HANA Cloud

SAP S/4HANA Cloud is a cloud-based ERP solution that is highly scalable and offers industry-specific functionality. It includes modules for financial management, procurement, inventory management, sales and distribution, project management, and manufacturing.

As a result, SAP S/4HANA Cloud is a good choice for large enterprises requiring high customization and flexibility.

Pricing: Contact SAP for pricing.

3. Oracle ERP Cloud

Oracle ERP Cloud is a cloud-based ERP solution with strong financial management capabilities and is highly configurable.

It includes modules for financial management, procurement, inventory management, project management, sales and marketing, and human capital management.

As a result, Oracle ERP Cloud is a good choice for mid-sized to large businesses requiring high flexibility and customization.

Pricing: Contact Oracle for pricing.

4. Microsoft Dynamics 365

Microsoft Dynamics 365 is a cloud-based ERP solution that integrates with Microsoft Office and other Microsoft products.

It includes modules for financial management, supply chain management, sales and marketing, project management, human resources, and customer service.

Microsoft Dynamics 365 is a good choice for mid-sized to large businesses that require a high degree of integration with Microsoft products.

Pricing: Microsoft Dynamics 365 pricing starts at $65/month/user.

5. Acumatica Cloud ERP

Acumatica Cloud ERP is another cloud-based ERP solution for small businesses that includes financial management, distribution management, manufacturing management, and CRM modules.

In addition, it’s highly customizable and can be tailored to meet the needs of a wide range of businesses. As a result, Acumatica Cloud ERP is a good choice for mid-sized to large companies that require a high degree of customization and flexibility.

Pricing: Acumatica Cloud ERP pricing starts at $1000/month.

6. Sage Intacct

Sage Intacct is a cloud-based ERP solution with strong financial management capabilities. It includes modules for financial management, project accounting, order management, purchasing, and inventory management.

As a result, Sage Intacct is a good choice for mid-sized businesses that require robust financial management functionality.

Pricing: Sage Intacct varies depending on the specific needs of the business.

7. Infor CloudSuite Financials & Supply Management

Infor CloudSuite Financials & Supply Management is a cloud-based ERP solution that is highly configurable and includes modules for financial management, supply chain management, and procurement.

It’s a good choice for mid-sized to large businesses requiring high customization and flexibility.

Pricing: Contact Infor for pricing.

Also Read: Top 10 Best ERP for small business in 2024

8. Plex Manufacturing Cloud

Plex Manufacturing Cloud is a cloud-based ERP solution tailored to the manufacturing industry.

It includes modules for financial management, supply chain management, manufacturing execution, and quality management.

As a result, Plex Manufacturing Cloud is a good choice for manufacturers that require a high degree of functionality and flexibility.

Pricing: Contact Plex for pricing.

9. Epicor ERP

Epicor ERP is a cloud-based solution that includes modules for financial management, supply chain management, project management, and human capital management.

It’s a good choice for mid-sized businesses that require robust functionality and integration capabilities.

Pricing: Contact Epicor for pricing.

10. Workday Financial Management

Workday Financial Management is a cloud-based ERP solution explicitly tailored to financial management. It includes financial management, procurement, inventory, and project management modules.

Workday Financial Management is a good choice for mid-sized to large businesses that require strong financial management functionality.

Pricing: Contact Workday for pricing.

Conclusion

Cloud-based ERP systems have become an essential tool for businesses of all sizes. They offer a range of benefits, including lower upfront costs, scalability, flexibility, and security.

In this blog post, we’ve looked at the top 10 best cloud-based ERP systems available in 2024, including NetSuite ERP, SAP S/4HANA Cloud, Oracle ERP Cloud, Microsoft Dynamics 365, Acumatica Cloud ERP, Sage Intacct, Infor CloudSuite Financials & Supply Management, Plex Manufacturing Cloud, Epicor ERP, and Workday Financial Management.

Of course, each of these cloud ERP systems has its strengths and weaknesses, so it’s essential to choose the one that best meets the specific needs of your business.