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    Top 10 Best ERP for small business in 2024
    Best Software and Apps

    Top 10 Best ERP for small business in 2024

    The Roaming DevBy The Roaming DevMarch 31, 2023Updated:May 13, 20241 Comment6 Mins Read
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    ERP
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    Table of Contents

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    • I. Introduction
      • A. What is ERP?
      • B. Who uses ERP Systems?
      • C. How many companies use ERP systems?
      • D. Importance of ERP for small business
    • II. Criteria for selection of Top 10 Best ERP
      • A. Cost
      • B. User-friendliness
      • C. Customization
      • D. Scalability
    • E. Integration
    • III. Top 10 Best ERPs for Small Business
    • 1. ERPNext
      • Overview
      • ERPNext Features
      • Pricing
    • 2. Zoho One
      • Overview
      • Features
      • Pricing
    • 3. Odoo
      • Overview
      • Features
      • Pricing
    • 4. SAP Business One
      • Overview
      • Features
      • Pricing
    • 5. NetSuite
      • Overview
        • Features
      • Pricing
    • 6. Sage Intacct
      • Overview
      • Features
      • Pricing
    • 7. Microsoft Dynamics GP
      • Overview
      • Features
      • Pricing
    • 8. QuickBooks Enterprise
      • Overview
      • Features
      • Pricing
    • 9. Acumatica
      • Overview
      • Features
      • Pricing
    • 10. Infor CloudSuite
      • Overview
      • Features
      • Pricing
    • IV. Conclusion

    I. Introduction

    In today’s competitive market, small businesses need efficient systems to manage their operations.

    Enterprise Resource Planning (ERP) software is one such system that helps businesses streamline their processes, improve productivity, and reduce costs.

    ERP systems provide businesses with a centralized platform to manage all their core business functions, including inventory management, accounting, human resources, and customer relationship management.

    A. What is ERP?

    ERP is a software solution that integrates a company’s departments and functions into a single system. As a result, it allows businesses to automate and streamline their business processes, increasing efficiency and reducing costs.

    ERP software typically includes modules for inventory management, finance and accounting, sales and marketing, human resources, and customer relationship management.

    B. Who uses ERP Systems?

    Companies of various sizes and industries use ERP systems. While large corporations have traditionally used ERP systems, more and more small and medium-sized businesses are adopting ERP systems to help manage their operations.

    C. How many companies use ERP systems?

    Around 81% of organizations with annual revenues of $50 million to $1 billion have implemented an ERP system.

    Panorama Consulting

    ERP systems are used by companies in various industries, including manufacturing, distribution, healthcare, retail, and service industries.

    ERP systems have become essential for companies looking to streamline their operations, improve productivity, and reduce costs.

    Also Read: Top 10 Best Mac Time Tracking Apps For 2023 [Including Free Options]

    D. Importance of ERP for small business

    Small businesses can benefit significantly from using ERP software.

    • ERP systems provide businesses with real-time data, which helps decision-makers make informed decisions quickly.
    •  ERP software also automates repetitive tasks, reducing employees’ workload and allowing them to focus on more critical tasks.
    •  ERP systems also give businesses a competitive edge by improving their operational efficiency and allowing them to respond quickly to market changes.

    II. Criteria for selection of Top 10 Best ERP

    Choosing the right ERP software for your small business can be daunting and here are some criteria to consider:

    A. Cost

    Cost is an essential factor to consider when selecting an ERP system. Small businesses need to choose an affordable solution that provides value for money. The cost of an ERP system includes the cost of licensing, implementation, and ongoing maintenance.

    B. User-friendliness

    The ERP system should be user-friendly and easy to use. In addition, small businesses may need dedicated IT staff, so choosing a system that only requires a little extensive technical knowledge is crucial.

    C. Customization

    The ERP system should be customizable to meet the business’s specific needs. Small businesses have unique requirements, and the ERP system should be able to adapt to these requirements.

    D. Scalability

    The ERP system should be scalable, meaning it should grow as the business grows. Therefore, small businesses should choose a system for their current needs and future growth.

    E. Integration

    The ERP system should be able to integrate with other business software applications, such as e-commerce platforms, CRM software, and payroll software.

    III. Top 10 Best ERPs for Small Business

    Here are the top 10 examples of the best ERP systems for small businesses to consider in 2023: 

    1. ERPNext

    Overview

    ERPNext is an open-source ERP system that is cloud-based. It includes accounting, inventory management, human resources, and CRM modules.

    ERPNext Features

    ERPNext includes:

    • invoicing
    • purchase management
    • inventory management
    • project management

    Pricing

    ERPNext offers a free version for up to three users. Paid plans start at $300 per year.

    2. Zoho One

    Overview

    Zoho One is a cloud-based ERP system with over 40 applications, including CRM, HR, and finance.

    Features

    Zoho One includes:

    • sales automation
    • marketing automation
    • project management
    • human resources

    Pricing

    Zoho One offers a 30-day free trial. After that, paid plans start at $30 per user per month.

    3. Odoo

    odoo

    Overview

    Odoo is an open-source ERP system that includes accounting, inventory management, and CRM modules.

    Features

    Odoo includes sales automation, purchase, inventory, and project management.

    Pricing

    Odoo offers a free version for up to two users. Paid plans start at $7 per user per month.

    4. SAP Business One

    Overview

    SAP Business One is a cloud-based ERP system for small and medium-sized businesses.

    Features

    SAP Business OneIt includes finance, sales, purchasing, inventory, and project management modules.

    Pricing

    Pricing for SAP Business One varies depending on the business’s specific needs.

    5. NetSuite

    Overview

    NetSuite is a cloud-based ERP system that includes modules for finance, CRM, and e-commerce.

    Features

    • financial management
    • order management
    • CRM
    • e-commerce

    Pricing

    Pricing for NetSuite varies depending on the specific needs of the business.

    6. Sage Intacct

    Sage Intacct

    Overview

    Sage Intacct is a cloud-based ERP system with financial management, project accounting, and order management modules.

    Features

    • financial management
    • project accounting
    • order management
    • reporting features

    Pricing

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

    7. Microsoft Dynamics GP

    Overview

    Microsoft Dynamics GP is a cloud-based ERP system that includes financial management, inventory management, and project management modules.

    Features

    Microsoft Dynamics GP includes financial, inventory, project, and human resources management.

    Pricing

    Pricing for Microsoft Dynamics GP varies depending on the business’s specific needs.

    8. QuickBooks Enterprise

    Overview

    QuickBooks Enterprise is a cloud-based ERP system that includes accounting, payroll, and inventory management modules.

    Features

    QuickBooks Enterprise includes features such as financial management, payroll management, and inventory management.

    Pricing

    Pricing for QuickBooks Enterprise varies depending on the specific needs of the business.

    9. Acumatica

    Overview

    Acumatica is a cloud-based ERP system that includes financial management, inventory management, and CRM modules.

    Features

    Acumatica includes financial management, inventory management, CRM, and project management.

    Pricing

    Pricing for Acumatica varies depending on the specific needs of the business.

    10. Infor CloudSuite

    Overview

    Infor CloudSuite is a cloud-based ERP system that includes financial management, human resources, and supply chain management modules.

    Features

    Infor CloudSuite includes financial management, supply chain management, and human resources.

    Pricing

    Pricing for Infor CloudSuite varies depending on the specific needs of the business.

    IV. Conclusion

    Choosing the right ERP system for your small business can help you improve your operations, increase efficiency, and reduce costs.

    The top 10 best cloud-based ERP systems for small businesses have been reviewed based on cost, user-friendliness, customization, scalability, and integration. Consider these factors when selecting an ERP system for your business, and choose a system that meets your specific needs.

    Overall, investing in an ERP system is wise for any small business looking to streamline its operations and grow its bottom line.

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