Small businesses, even though smaller, have critical processes and daily operations that require accurate and flawless management. Since manual methods are not enough to reach this objective, you will need ERP software for your small business to assist in every way. You can continue reading below to see our recommendations and learn more.
10+ Best ERP Software For Small Business
1. CREST ERP
2. SAP
3. Sage ERP
4. Oracle NetSuite ERP
5. Epicor ERP
6. Microsoft Dynamics 365 Business Central
7. SYSPRO ERP
8. Horizon ERP
9. AcTouch.com
10. TallyPrime
11. Priority ERP
What is ERP Software for Small Businesses?
ERP or enterprise resource planning is a system encouraging digital transformation in businesses. As we all know, using traditional ways is not enough to ensure business success rate as manual processes produce unstable and inaccurate results. Aside from that, it requires too much time and effort. ERP software is a technological tool with multiple advanced features and functionalities, allowing you to do various tasks and projects within a single platform. It enables automation, document generation, comprehensive dashboard, cloud file storage, alerting tools, etc., leading you to acquire conventional and cost-effective approaches.
Benefits
ERP software delivers impressive benefits and advantages to your small business. As you know, traditional methods would not suffice in today’s era. ERP software aids you in battling the business competition confidently as it offers innovative and advanced initiatives. It enables data integration, enhances productivity, ensures higher flexibility, increases sales, improves decision-making, maintains control, and reduces operating costs.
Features
Features and functionalities are crucial aspects you need to analyze before buying the software that caught your interest. Several platforms have low-quality tools, bugs, and lagging systems which is frustrating. For this reason, it is sensible to research the software’s capabilities to choose the best software for your company. That way, you can avoid investing in the wrong applications. You can gather information from software reviews given by software users or try free trials and versions to test them firsthand. The following are features you might need:
- Access Controls/Permissions
- Accounting Integration
- Activity Dashboard
- Audit Trail
- Automated Scheduling
- Business Process Automation
- Negative Feedback Management
- Business Dashboard
Top 10 ERP Software for Small Businesses
1. Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central includes accounts payable, asset lifecycle management, compliance management, and more logical features. Microsoft has annual revenue of $184 billion and 189,984 employees.
2. Oracle Netsuite ERP
Oracle Netsuite ERP includes fund accounting, check processing, inventory optimization, client portal, data visualization, and more helpful features. Oracle has an annual revenue of $41 billion and 132,000 employees.
3. SAP
SAP includes approval process control, fraud detection, invoice processing, workflow management, online booking, and more valuable features. SAP has annual revenue of $25.3 billion and 128,880 employees.
4. Sage ERP
Sage ERP includes financial reporting, material requirements planning, warehouse management, production scheduling, quality management, and more innovative features. Sage has annual revenue of $2 billion and 11,700 employees.
5. Epicor ERP
Epicor ERP includes import/export management, inventory management, shipping management, sales forecasting, order management, and more contributive features. Epicor has annual revenue of $836 million and 4,100 employees.
6. TallyPrime
TallyPrime from Tally Solutions includes supply chain management, project management, inventory management, purchase order management, and more logical features. Tally Solutions has annual revenue of $68 million and 800 employees.
7. SYSPRO ERP
SYSPRO ERP includes email marketing, financial management, segmentation, enterprise asset management, lead generation, and more advanced features. SYSPRO has annual revenue of $24 million and 735 employees.
8. AcTouch.com
AcTouch.com from AcTouch Technologies includes customer relationship management (CRM), purchase order management, supply chain management, and more innovative features. AcTouch Technologies has annual revenue of $5 million and 31 employees.
9. Horizon ERP
Horizon ERP from Horizon Technology Solutions includes accounts receivable, fund accounting, recipe management, point of sale (POS), and more valuable features. Horizon Technology Solutions has annual revenue of more than $5 million and more than 25 employees.
10. CREST ERP
CREST ERP from Xmplar Management Solution includes distribution management, enterprise asset management, order management, and more advanced features. Xmplar Management Solution has an annual revenue of $3.9 million and 48 employees.
FAQs
What is ERP?
ERP or enterprise resource planning is a system that helps business operations, including project management, financial analysis, accounting, employee management, and overall business performance. It is a digital approach allowing companies, regardless of the size operate using database and cloud features. This system encourages using software that improves operational efficiency, delivers complete control, and ensures quality assurance.
Why is software crucial in the business industry?
As we all know, traditional methods would not suffice in the modern industry, given the amplifying business competition. The manual process is not reliable in ensuring success. Software is an advanced tool that enables automation, accurate data analytics, and streamlines processes, leading you to enhance business operations, management, and comprehension.
Is ERP suitable for small businesses?
You may believe that small businesses are small in a literal sense. A small business is a business entity with lower revenues than larger firms, yet it is not as small as you may imagine. They require an ERP system as they have critical and large operations, including supplying management, accounting, employee management, customer evaluation, etc., which ERP can manage effectively.
Small businesses, such as small retailers and individual entrepreneurs, are the most likely to come across in your daily life. To operate accurately and flawlessly, they also need a solution such as the ERP software to manage and handle business-critical factors. It covers supplying operations, resourcing, tax compliance, employee management, auditing, inventory control, etc. That said, you can run your business fluidly.
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