Selecting the appropriate ERP software for your company is among the most important things you can do before beginning an ERP deployment. There will come a time when the organization won’t be able to function effectively and, more significantly, organized with just human resources. That is when you will feel a need for an ERP system. They are a kind of business management software that combines different company operations.
The decision might be extremely challenging. There are over 150 ERP packages with various features and price points. Finding the best ERP technology for your company can be difficult. Below is a list of the top 10 Cloud Based ERP Softwares and their most valuable features.
Top 10 Cloud Based ERP Software Solutions for Your Business
Microsoft Dynamics 365
Microsoft Dynamics 365 Cloud ERP has all business applications such as financial management, customer relationship management (CRM), customer service, business intelligence, field service, operations, marketing, project service automation, commerce & retail, sales, and talent.
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Businesses can eliminate information silos and gain from increased transparency and visibility by merging these typically different apps into one end-to-end solution. Each of these Dynamics 365 applications can be used independently depending on its needs.
The distinguishing feature of Dynamics 365 as a component of the Microsoft portfolio is that it integrates well with other Microsoft products AND enables simple Office 365, PowerBI, and Azure connectivity and fusion.
Rossum
Rossum is a meticulously designed cloud-based platform that offers companies an easy-to-use document management solution. Purchase orders, invoices, and claims, among other transactional documents, are all collected, processed, and organized by this AI-powered software that acts as a single gateway.
Rossum collects all incoming documents as an intelligent document curator from various sources, including email, document scanners, and other document management systems.
Like others, it is a self-learning solution that immediately identifies and adapts user adjustments and applies them to ensuing document gathering and processing processes.
Kechie ERP
Kechie ERP is a robust platform that covers various ERP tasks, including customer relationship management (CRM), customer assistance, financial management, inventory management, and logistics. Additionally, it offers many capabilities for order administration, procurement, multi-warehouse management, and manufacturing.
The program is perfect for small firms, start-ups, or major corporations because it is a completely integrated solution, especially for those in the food, garment, electronics, and consumer goods industries.
The Kechie ERP platform, based on a highly secure cloud infrastructure, offers a full suite of solutions to automate and synchronize most of your business activities. Its CRM system, one of its key features, provides a single database where you can conveniently access and manage client interactions.
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Odoo
It is a free, cloud-based platform with almost all the computing modules you may ever need or imagine. Odoo is your entry point to supporting your company’s success with applications you can combine and modify as necessary. The tools include:
- An accounting suite for your financial management and reporting requirements.
- Sales and CRM modules.
- Purchase, invoicing, expenses, and payment functionalities.
- Project and timesheet management tools.
- Recruitment and HR tools.
- E-commerce and point-of-sale applications for your retail locations, among others.
Oracle ERP
Oracle ERP Cloud is one of the top 10 cloud-based ERP software platforms with a genuinely global reach, and it lays the kind of solid commercial foundation. A flexible price model enables you to use the program whenever and only pay for the features you use, free from contractual obligations.
With Oracle ERP, you can manage a company that operates on a global scale without worrying about how different teams and locations can collaborate and share the same processes and goals while adhering to regional or local regulations. Oracle ERP keeps knowledgeable customer support employees on duty around the clock to assist you in getting back on schedule.
Sage Intacct
Sage Intacct is AICPA-certified. It offers all of the existing financial solutions required by enterprises. As s cloud-based platform, it keeps precision accounting at the core, including extensions for inventory control, multiple sales tax calculations, bank reconciliation, and multi-currency support.
Its enterprise-grade security mechanisms are specifically designed to protect your financial data and a potent analytics engine that provides you with insightful reports that will help you guide your business toward expansion.
With Sage Intacct, dangerous financial data input mistakes are eliminated, allowing for precise revenue estimates based on exact costs and margins accounting.
Epicor
For customers in the manufacturing, distribution, retail, tourism, and service industries, Epicor is the best choice.
It has modules for Business Intelligence, Reporting and Analytics, Customer Relationship Management, Data Management and Connectivity, Epicor Enterprise Content Management, Financial Management, Global Business Management, Governance, Risk, and Compliance, Human Resource Management, Logistics, and Supply Chain, Product Management, Production Management, Service and Asset Management Solutions.
It is supported by Windows, Linux, Android, iPhone/iPad, Mac, and Web-based platforms.
SAP Business One
This ERP software connects and streamlines corporate processes to give the company more control over its operations.
It is one of the best cloud ERP systems of 2024. It comes with modules for ERP and Finance, CRM and Customer Experience, Network and Spend Management, HR and People Engagement, Business Technology Platform, and Supply Chain Management and is compatible with Windows, Linux, Android, iPhone/iPad, and Mac.
Netsuite
Netsuite is a leading cloud-based ERP solution that offers ERP/Financials, CRM, and e-commerce solutions for all business types, sizes, and roles.
It includes modules for Financial Management, Order Management, Financial Planning, Production Management, Supply Chain Management, Warehouse and Fulfillment, Procurement, HCM, and CRM. It supports various languages and devices, including Windows, Android, iPhone/iPad, Mac, and Web-based.
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QAD
QAD is a cloud-based ERP with manufacturing and supply chain solution. It includes modules for finances, human resources, product technology, manufacturing management, inventory management, purchasing management, and sales management.
Here’s a comparison table for the ERP software mentioned, including features, pricing, platform compatibility, and target industries:
| Software | Key Features | Pricing | Platform Compatibility | Target Industries |
|---|---|---|---|---|
| Microsoft Dynamics 365 | Financial management, CRM, customer service, business intelligence, field service, operations, marketing, project service automation, commerce & retail, sales, talent | Varies by module and usage | Windows, Web, Office 365, PowerBI, Azure | All industries |
| Rossum | AI-powered document management, collects from multiple sources, self-learning for automation | Custom pricing based on needs | Web-based | All industries (document-heavy) |
| Kechie ERP | CRM, financial management, inventory management, logistics, order administration, procurement, multi-warehouse, manufacturing | Custom pricing | Web-based | Small to large enterprises, especially in food, garment, electronics, and consumer goods |
| Odoo | Accounting, sales, CRM, invoicing, expenses, HR tools, e-commerce, project management, timesheets | Free (Community), Paid (Enterprise) | Web-based, Linux, Windows, Mac, Android, iPhone/iPad | All industries |
| Oracle ERP | Global business management, financial management, procurement, project management, risk management | Pay-as-you-go model | Web-based, Windows, Linux | Large enterprises with global operations |
| Sage Intacct | Financial management, inventory control, multi-currency support, bank reconciliation, tax calculations, advanced analytics | Subscription-based pricing | Web-based | All industries, particularly those with complex financial needs |
| Epicor | Business Intelligence, CRM, data management, financial management, HR management, supply chain management, production management | Custom pricing based on needs | Windows, Linux, Android, iPhone/iPad, Mac, Web-based | Manufacturing, distribution, retail, tourism, services |
| SAP Business One | ERP and finance, CRM, supply chain management, HR management, spend management, business technology platform | Custom pricing | Windows, Linux, Android, iPhone/iPad, Mac | Windows, Linux, Android, iPhone/iPad, Mac Small to mid-sized enterprises |
| Netsuite | ERP/Financials, CRM, e-commerce, financial management, order management, supply chain, warehouse management, procurement, HCM | Subscription-based pricing | Web-based, Windows, Android, iPhone/iPad, Mac | All industries |
| QAD | Manufacturing management, supply chain management, finance, HR, product technology, inventory management, sales management | Custom pricing based on needs | Web-based | Web-based Manufacturing and supply chain-focused industries |
Conclusion:
Selecting the right cloud based ERP software is pivotal for businesses aiming to streamline operations and drive growth. The ERP systems reviewed in this article offer a wide range of features tailored to various industry needs. For instance, Microsoft Dynamics 365 and Oracle ERP provide robust, globally integrated solutions, making them ideal for businesses seeking comprehensive tools with strong ties to existing Microsoft or Oracle ecosystems. Conversely, platforms like Rossum and Kechie ERP cater to companies requiring advanced document management or flexible ERP capabilities. Additionally, Odoo and Sage Intacct stand out for their affordability and strong financial management features, respectively.
Whether you need specialized tools for manufacturing with Epicor, retail solutions with SAP Business One, or a versatile platform like NetSuite for financials and CRM, the best cloud based ERP solution will depend on your specific business requirements. Each of these ERP solutions offers distinct advantages, and the key to making the right choice lies in aligning these features with your organization’s needs and budget to ensure long-term success.
Author Bio
Shawn Sauve, the Vice President and Global Dynamics Practice Leadat DynamicsSmartz – Microsoft Gold ERP and CRM (Customer Relationship Management) Partner -is the writer of this guest post. Shawn has been helping organizations grow by aligning the right people, processes, and technology both within his organization and for clients from various industries like manufacturing, construction, financial services, and information technology. He is a strategist, thinker, and visionary who can see the big picture and focus on key issues to accomplish established goals.
