Top 6 ERP Products for Business Use | 2023 Guide

With business processes getting more complicated in the modern environment, business owners resort to technology to better coordinate different departments’ activities. Enterprise Resource Planning (ERP) tools have become a workable solution to business complexity. They allow analysis, interpretation, and more efficient execution of daily business processes.

Thus, with ERP use, business analytics and management get way faster and more organized. Which ERP solution to choose for your business? The market is full of offers, and your task is to determine the software features you require and the business needs you should meet.

ERP Products for Business Use

Top 6 ERP Products for Business Use in 2023

Here is a review of the top popular ERP products you may choose to boost your business process productivity.

1. SAP ERP

Some users say that SAP software is quite cumbersome in terms of implementation. However, once integrated, SAP solutions can revolutionize business processes to the core. The SAP ERP platform is praised for better process and operation streamlining, meaning that you’ll manage your supply chain, product lifecycle, business resources, staff, and finance much better. SAP is specifically geared to help businesses with complex workflows.

2. Odoo

While SAP is universal in its implementation, Odoo is more suitable for large companies. It’s an open-source ERP and CRM product that simplifies every aspect of business functioning, from website creation to finance management.

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The product is currently used by over 5 million users, giving businesses a great degree of process automation and tracking. The best about Odoo is that you can test it free of charge, which a subscription to an app use costs around $12 per month – a highly affordable option for all kinds of business organizations.

3. Scoro

Scoro is an instrument suiting SMEs more than large businesses. The likeliest beneficiaries of this ERP solution are businesses specializing in consulting, IT, and advertising, given its functionality and set of features.

The primary focus of Scoro is a performance boost and streamlining of collaboration at multiple organizational levels. Users praise it for its user-friendly interface and simple operation, letting Scoro adapt to the current business requirements.

4. Sage Intacct

The cloud-based Sage will suit SMEs; its functionality mainly relates to financial planning and accounting. Besides, users enjoy intelligent inventory management and asset management, getting a better grasp of their expenditures.

All in all, Sage Intacct is aimed to increase your business productivity and optimize the processes you need, adapting as your business routines change.

5. Acumatica

Acumatica is also a cloud-based ERP product offering process optimization for the companies’ general business issues, distribution, manufacturing, construction, commerce, and client service dimensions.

Acumatica Cloud ERP

You can use both cloud and on-premises options for Acumatica integration. In any way, you receive an impressive set of features ranging from financials to CRM and business intelligence to manufacturing and distribution.

6. Oracle NetSuite

Oracle has traditionally been a leader in the area of business process optimization and digitization. So, NetSuite is an ideal, functional ERP solution for SMEs. The best about this product is the variety of included options. NetSuite is actually not one but six ERP apps dealing with CRM, e-commerce, service automation, HR management. OneWorld is also included in the package for SMEs to use.

A comparative advantage of NetSuite over other reviewed ERP options is the built-in business intelligence feature. Besides, its advanced financial planning toolkit can make your business finances much more transparent and manageable.

Order planning and cash processes are also invaluable for companies providing services and products to users. Additional features are essential for better warehouse management and supply chain coordination, boosting your business operations from end to end.

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To Use or Not to Use?

As you can see, modern businesses function in highly complex environments and need to adjust and remain flexible to stay afloat. One of the pressing modern requirements is staying tech-savvy, with modern technology and innovation put in place to streamline and optimize business operations.

Thus, ERP becomes the new reality of business functioning. By choosing proper ERP tools, businesses can enhance their productivity, gain a better competitive advantage in their professional area, and move into the future more confidently.