More businesses nowadays are looking for a solution to standardize their most crucial business processes to improve efficiency and return-on-investment (ROI). This is why enterprise resource planning or ERP software is becoming a go-to solution for companies of all sizes. And such systems that are scalable and can cover front-end to back-end processes tend to be favorites among businesses.
Aside from learning about the product, it’s just as important to know the vendors behind them, which is what this list of ERP software companies is all about. And this is why we took considerable time and effort to prepare this Top 20 List of ERP Software Companies, together with their flagship ERP tools.
The Enterprise Resource Planning (ERP) is an inherently digitally-enabled framework. This is why it is synonymous with ERP software, the business management software category. Both the framework and the software that support it are being used by companies big and small. This is because it provides a central database connecting various company departments ensuring a smooth flow of information.
With this, managers can easily see where to allocate resources for day-to-day operations and temporary projects.
ERP software solutions are being used by large enterprises like Apple (SAP S/4HANA and Berkshire Hathaway (Oracle ERP Cloud). Other companies like Amazon have even developed their in-house ERP platform. A good 51% of company users, however, use web-based solutions via their private cloud.
The ERP software category had been, for the most part, and in the long term, growing. However, in 2020 and like most other industries, it underwent a dip. Valued at $147 billion in 2019, it experienced a CAGR of -1.2% in 2020 and dropped to $145.2 billion. This drop was attributed to the COVID-19 pandemic.
However, it is expected to rebound from this temporary setback at the CAGR of 8% from 2021 and reach $181.5 billion in 2023. That’s an increase of 25% in just two years. This projection is a testament to how ERP is valued by industry experts including C-level executives.
Now, it is time to get to know the companies that help others in their enterprise resource planning processes.
NetSuite is one of the pioneer companies in cloud computing. Tech giant Oracle Corporation acquired it recently. The company continues to provide ERP solutions and cloud-based financials for businesses in more than 100 countries.
NetSuite ERP is a complete, highly scalable ERP software built for fast-growing, mid-sized, and large businesses. It provides a centralized solution for your enterprise from the top management to the key clerical staff. Meanwhile, its automation features cover front- and back-end processes, from order management and inventory management to financial management and billing. Moreover, it helps businesses combine business intelligence and financial management and uncovers all details about your company’s supply chain.
Detailed NetSuite ERP Review
With its headquarters in London, Rossum is another leading company in terms of enterprise resource management streamlined for organizations through its unique document gateway solution. Its leading cognitive data capture platform is enhanced with integration capabilities that allow companies to be free of manual data entry.
The Rossum platform utilizes self-learning AI technology for data capture. User feedback is used to train it to become more accurate as time goes by. This approach provides a smoother workflow as it automates the complete data capture process from scanning documents to validation. No manual entry is thus needed. Also, with this, documents from all company departments like finance and operations are curated easily for all the people involved. Other useful features for ERP include audit trails, data matching, a reporting dashboard, and robust analytics.
Scoro is a multi-awarded London-based technology company that was founded in Estonia in 2013. It is considered as one of the fastest-growing tech firms by various industry groups. This SaaS vendor primarily produces business management apps, including project management, professional services automation, and ERP.
Scoro is a cloud-based ERP mainly designed for SMB operations. This integrated business solution offers a host of user-friendly yet efficient tools for better utilization of company assets. Likewise, it enables business users to generate reports to gain useful insights for more effective planning, scheduling, and decision-making. Further, this ERP platform’s centralized hub provides users with quick, real-time snapshots of their business operations.
Detailed Scoro Review
Kechie is a fully integrated ERP solution that is wholly cloud-based to make it more accessible, scalable, and affordable. The system can synchronize and automate various business processes such as CRM, inventory, procurement, warehouse, and finance management. These are all centralized in the software’s database, hence companies can enjoy more streamlined operations.
Kechie provides you with powerful functionalities that you can configure to your organization’s requirements. A few of these features are real-time visibility into stocks, lot tracking, item tracking, and serialization. And if you have a unique product or merchandise data that you need to manage, you can oversee that as well. That is because the solution adapts to your requirements.
Why choose Kechie?
Detailed Kechie Review
Tipalti is an accounting software financial technology company is dedicated to making the whole accounting payables process easy for clients. Its list of products ranges from invoice management to procurement management and global payments to tax and vat compliance solutions. The company was founded in 2010 and has its headquarters in San Mateo, California.
Its software suite, also known as Tipalti, offers end-to-end accounts payable (AP) features. With it, users get to save time and resources in doing back-end manual financial work. The system is housed in a very intuitive interface with both invoiced-based and performance-based workflows. Also, the company deploys the solution customized to each of its client’s needs. Key features include real-time payments monitoring, reconciliation, currency selection, and processing. It also has a robust supplier management module and can integrate seamlessly with popular business applications such as QuickBooks Online and Netsuite.
Detailed Tipalti Review
Brahmin Solutions is an enterprise-grade inventory management software founded by a team that has been implementing ERPs for retail, distribution, and manufacturing businesses for more than two decades. This software solution’s inventory management software was made specifically to help you and your team manage and streamline your business operations from purchasing, inventory, and to the sales process.
Aside from its robust and easy-to-use tools and features, Brahmin Solutions offers cost-efficient package plans for growing businesses. There is also a paid consultation with business experts for guidance on how to effectively utilize Brahmin Solutions’ features to scale your business.
Detailed Brahmin Solutions Review
Led by its founder and CEO, the company, Odoo S.A., first developed the software in 2005. Since then, it became one of the fastest-growing companies. To further allow company growth, its main product was renamed from TinyERP and OpenERP, respectively, to Odoo.
The company’s leading software, Odoo, is an ERP solution that unifies sales and project management, ecommerce, POS, and MRP in a single tool. But not only that, but the system also integrates with a wide array of sales channels and business management solutions so you can successfully run your key processes.
Detailed Odoo Review
Next on our list is Business Cloud Essentials by Advanced Computer Software. It’s a fully integrated platform that enables businesses to understand critical issues and standout in the competitive arena. The solution empowers forward-thinking companies to handle supply chain management, CRM, and accounting. Because of this, accountants, sales teams, and HR teams will find Business Cloud Essentials as a reliable platform.
With the software, business owners can understand issues such as customer expectations, growth and performance, and production workflows, and sales & invoicing. This way, it becomes easy for businesses to deliver services that make a positive impact without losing sight of profitability.
Even more, Business Cloud Essentials provides tools that increase financial visibility. It simplifies financial management, eliminating financial worries that often jeopardize growth. Overall, the platform streamlines all business processes, setting the stage for revenue growth, and seamless customer service. Some of its core features include logistics, payroll, stock control, reporting, and supplier management.
Detailed Business Cloud Essentials by OpenHR Review
Sage Intacct is an ERP product that specializes in financial management. Intacct was purchased by Sage in 2017. Sage Group—now its parent organization—is a multinational enterprise software company that’s headquartered in the United Kingdom. With the combination of two companies comes the integration of cloud technology in finance and accounting.
The product is preferred for AICPA business solutions due to its robust financial application. Its primary features include cash management, accounting, vendor management, project accounting, inventory management, and financial reporting, among others. Meanwhile, the system’s default dashboard is familiar to users who have experience in using accounting tools. Hence, training is easier and faster. It is also customizable to boost productivity and eliminate time-consuming tasks according to your workflow.
Detailed Sage Intacct Review
SYSPRO is a software company that develops integrated business software applications, most notably, its ERP solution with the same name. Since it was founded in 1978, the company has grown and established its presence in the category with a large customer base, particularly in the mid-sized enterprise market.
An industry-built solution, SYSPRO ERP is designed specifically for manufacturing and distribution. Available in the cloud or on-premise, it features a rich set of modules to help businesses streamline their operations. For one, it eliminates repetitive tasks and manual entry from handling manufacturing processes to managing costs using BOT agents.
Moreover, this solution is suitable for businesses looking for a highly scalable solution to support their company’s growth. Moreover, it provides a centralized app to monitor your financial, operational, and manufacturing management.
Detailed SYSPRO Review
Oracle ERP Cloud is a product by the tech giant Oracle Corporation. It is an American multinational tech corporation recognized as the second-largest software maker in the world by revenue (as of 2015). Oracle ERP Cloud was first introduced in 2012.
This end-to-end, cloud-based SaaS suite is built to manage enterprise operations and is composed of 7 modules. Oracle ERP Cloud delivers built-in industry standards and effectively automates core business processes. It aims to simplify and offer scalability to planning and procurement, project planning, financials, product lifecycle, among others. The tech also provides a strong foundation for organizations that include, but not are limited to IT, marketing, consulting, and sales.
Detailed Oracle ERP Cloud Review
The largest software vendor in the world in terms of revenue, Microsoft has been known to be one of the most reputable companies in the tech industry for decades. Its flagship products, Microsoft Windows operating systems and MS Office productivity suites, have been among the most dominant software ever. Its venture into other consumer and enterprise software products had also been successful, due to its long tradition of innovative leadership and expertise.
Microsoft Dynamics GP, meanwhile, is an ERP platform that helps SMBs to more efficiently manage their operations, supply chain, finance, and a whole lot more. This ERP is designed to allow businesses to work smarter at a faster rate, carry out evidence-based decisions, and operate from anywhere using any device. It is a scalable, configurable, and flexible ERP solution. Overall Microsoft Dynamics GP is a full-suite platform for enabling SMBs to manage and integrate its numerous business areas.
Detailed Microsoft Dynamics GP Review
Founded in 1972, SAP is a German software firm considered a pioneer in the ERP sector. Its first ERP solution, a financial accounting system, has innovated the market that is still dominated by traditional business devices like punch cards and calculators. This tech giant now serves over 335,000 clients in more than 180 countries worldwide.
SAP ERP is a widely used full-suite ERP platform that provides robust access to critical data, analytical apps, and robust tools. These are all designed to simplify the business process and enable businesses to achieve a competitive advantage. This integrated platform includes CRM, financial management, product lifecycle management, SCM, and other relevant tools. Moreover, it can be deployed on-premise, online, or a combination of both to provide ready access to any user at all times.
Detailed SAP ERP Review
Epicor Software Corporation is a Texas-based global business software company. It was founded in 1972 with products specializing in manufacturing, distribution, retail, and services. Meanwhile, the company has experienced various acquisitions and growth in the industry.
In its ERP category, the company offers Epicor ERP. It is software targeted towards medium-sized businesses and large enterprises. By delivering smart and flexible manufacturing and business support, it effectively harnesses new technologies to leverage its processes. This includes the utilization of the IoT, mobility, business analytics, and Big Data. The fully integrated ERP package handles functions like CRM, project management, inventory, human capital, finance, supply chain, among many others.
Detailed Epicor ERP Review
Brightpearl is a privately owned company that is funded by Notion Capital and Eden Ventures. From its first customer in 2008, the company has grown to serve thousands of companies as an ERP solution specializing in omnichannel retail management. It also has offices located in the US and the UK.
The product, Brightpearl, brings together solutions for order management, inventory management, customer data, real-time accounting, and reporting. It also handles cash flow, shipments, and insights for SKU, channel, and customer levels. Additionally, it has tight integration with various ecommerce sites such as Magento, Shopify, and BigCommerce and online marketplaces like Amazon and eBay.
Detailed Brightpearl Review
Sage Group is a British multinational enterprise software company. It is recognized as the 2nd largest tech company in the UK. Moreover, it is the largest ERP software supplier to small businesses and the third-largest supplier in the world. And among it main products is Sage 100 ERP.
Basically, Sage 100 ERP is designed to help SMBs streamline their resources using a robust ERP toolkit. It has out-of-the-box features for inventory and manufacturing. Some of its key modules include BI, CRM, HR, distribution, and core accounting.
Detailed Sage 100 ERP Review
FinancialForce.com is a company that offers cloud-based applications. It was founded in 2009 and is currently headquartered in San Francisco, California. The company supplies various applications such as cloud computing for salesforce.com and cloud ERP for Force.com.
Meanwhile, FinancialForce ERP is its ERP solution targeted towards mid-market organizations. This product aims to steer clients away from the confusion that comes with transferring from a CRM tool to an ERP solution. It unifies the processes in a single platform to provide a consistent and complete view of your entire customer journey by connecting all stakeholders.
Detailed FinancialForce ERP Review
Sage is a global leader in unified financial platforms like payment systems, payroll, and accounting. Starting as a small business in Nevada in 1981, the company has grown to become one of today’s technology giants. Today, it has 13,000 employees serving millions of small and medium enterprises across 23 countries worldwide.
In the meantime, Sage Business Cloud Enterprise Management is an ERP system designed to help advance the workflow of your operations, from business planning to marketing and sales. With its robust and intuitive design, it can provide quicker management reports and insights into your teams’ performance and operational costs. As such, it enables you to make sound and more timely decisions to support business growth.
Detailed Sage Business Cloud Enterprise Management Review
The Dolibarr Foundation is an industry leader in the promotion of free and open-source software (FOSS). It was established in April 2009 in France to spearhead the distribution of free applications to both government agencies and start-up businesses. Its flagship apps, Dolibarr CRM and ERP, is currently being used in many countries and has been translated to over 50 languages all over the world.
Meanwhile, Dolibarr ERP is a robust open-source ERP and CRM application that is ideal for SMBs, non-profits, and freelancers that require a configurable and flexible ERP solution that addresses their specific needs. It is easy to install, use, and change, which made it the ERP-CRM solution of choice for numerous small and medium businesses and organizations all over the world.
Detailed Dolibarr Review
Deskera is a market leader in smart cloud-based business management software catering to multiple industries worldwide. Over 100,000 users, including Google, Starbucks, and Baker Tilly, trust this award-winning software maker. Founded in 2008, this Singapore-based vendor creates a wide range of business solutions, ranging from ERP to LMS and HRMS. Likewise, it caters to numerous business sectors like construction, engineering, and manufacturing.
Deskera is a full-suite ERP management solution that offers a wide array of tools and functionalities for solving business issues in the short and long-term. This user-friendly ERP has flexible solutions to address all your business requirements. Meanwhile, its core features include financial reports, stock management, billing and sales management, and purchase management.
Detailed Deskera Review
It is not only competition among businesses that have become more intense these days. The fight for relevancy and, much so, survival has also intensified. And, based on today’s ERP statistics, using the best technology tools to your advantage is not only a necessity.
This is because doing so provides you with a number of benefits, including support for market and growth and enhanced productivity. And, ERP solutions are deemed as the bare essentials for survival by many professionals.
To help you choose which platform is best suitable for you, here are some tips that you should consider:
If you want to learn more about ERP solutions, you can also check out our post, Why is ERP Software Useful. Finally, in case you want to test drive the leading ERP app in the market today, you can easily sign up for NetSuite ERP free demo. This way, you can test drive the platform without a long-term commitment.
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Why is SAP at #13?
They should be in top 3... or even #1
I agree with the rest of the list, but SAP is a big budget company that, somewhat, deserve better recognition.
They are SYSPRO's number 1 competition after all.
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