List of 09 Best ERP Software That You Should Use In 2025

Avantika Shergil By Avantika Shergil  |  Oct 18, 2024  |  Top Software
Best ERP Systems

Traditionally, businesses have departments that store data separately, including HR, accounting, logistics, marketing, sales, and others. Deploying software applications for every department to let them function seamlessly is not feasible because combining data internally and enabling communication across departments is implausible. It makes businesses juggle various tasks and impacts productivity and efficiency.

Integrating an Enterprise Resource Planning (ERP) system that handles department tasks allows businesses to centralize data management, which not only reduces errors but also enables data-driven decisions, enhances collaboration, identifies opportunities, and simplifies compliances. The best ERP systems effortlessly integrate with existing business systems, ensuring seamless business expansion and growth. This centralized approach can bring about significant improvements in your business operations, fostering a sense of optimism about the potential benefits.

According to HG insights, “For the next 12 months, 1.4 million businesses globally will spend $183 billion on ERP systems, which makes up 17.9% of total IT software spend, and 5% of overall IT spending.” The market share forecast determines the usefulness of the top ERP systems for businesses regardless of type and size.

With various ERP software options on the market, it’s crucial to choose the one that best aligns with business needs to ensure optimal performance and efficiency. The top 10 ERP software lists will help you make the right choice.

Table of Contents

Top 09 ERP Systems considered by leading businesses worldwide

Businesses favor different types of enterprise and business software to enhance their performance, productivity, security, agility, and more. Enterprise resource planning (ERP) software plays a vital role in helping businesses streamline various processes and meet diverse needs. By weighing the pros, cons, and costs, you can identify the best solution for your business.

Explore our curated list of top ERP systems to find the perfect fit.

1. SAP Business One | ERP Software for Small Businesses

SAP Business one is an enterprise resource planning application that is a top choice for small and medium-sized businesses. It offers a comprehensive suite of features including accounting, sales, financials, purchasing, and inventory management. Its integrated business intelligence and SAP HANA, along with flexible deployment options, empower businesses with real-time access to information and strategic decision-making.

Analytics and reporting help capture critical information. Mobile enablement enables immediate access to rich insights, web client helps track detailed insights, and the in-memory platform optimizes decision making. The industry-specific capabilities allow businesses to make the most out of the ERP solution.

Pros of SAP Business One

  • Reduce errors and drive profitable decision-making that improves financial management
  • Instant access to the entire sales process and customer lifecycle
  • Improve cost control with purchasing and inventory management
  • Timely and accurate reports are ensured business-wide
  • Empower employees to make the right decision instantly
  • Enhanced customer service
  • Streamline process with automation

Cons of SAP Business One

  • Lacks multi-entity management
  • Automatic upgrades are not rolled out
  • The native web-based version is not available

SAP Business One Pricing

The pricing of SAP Business One ERP is based on factors such as business size, user count, and customization level. For instance, the software licensing starts at $20,000 per year, with implementation costs typically ranging from 1 to 5 times the annual licensing fee. Additional yearly maintenance fees may apply for certain licenses.

2. Odoo: Open Source ERP and CRM

Odoo, a popular ERP system, offers a wide range of applications that cater to various business operations. It provides two models: standard models that meet general business process needs, and custom Odoo models that can be tailored to specific business requirements. The system’s open-source nature, modular architecture, and user-friendly interface make it a cost-effective and widely adopted solution.

The open-source nature, modular architecture, and user-friendly interface make Odoo more accessible and encourage its adoption worldwide.

Pros of Odoo

  • The integrated solution eliminates the need for multiple software deployments.
  • Extensive customization enables unique workflow and personalized experiences.
  • Scalability allows businesses to accommodate growing demands seamlessly.
  • Odoo’s cost-effectiveness, with no licensing cost, makes it an attractive option for businesses. This financial security about the investment in an ERP system can foster a sense of confidence in the decision-making process.
  • An active community enables access to a wealth of resources.
  • Odoo implementation partner ensures successful ERP integration.

Cons of Odoo

  • Complex customization requires professional assistance.
  • Support and maintenance needs mandates connecting with the Odoo implementation partner.
  • Steep learning curve for beginners.
  • System updates sometimes create compatibility and other issues.

Odoo Pricing

The standard plan costs $24.90/user/month, and the custom plan costs $37.40/user/month with different features. Additional premium apps are included in the plans to increase the cost accordingly. The plans also cover unlimited support, hosting, and maintenance. There is also One app free plan with unlimited users.

3. ERPNext: Free and Open Source Cloud ERP Software

The cloud Enterprise resource planning software for small businesses is free, open-source, agile, and versatile. It’s designed to provide a complete solution that’s simple and powerful with everything that businesses need. More than 1000 objects, built-in integrations, and various modules help businesses take off faster. Financial accounting, order management, helpdesk, asset management, HR & payroll, and other modules are popular and leveraged by businesses at scale.

ERPNext is best ERP software for the manufacturing industry enables effective maintenance and management of multi-level material levels, production planning, inventory, etc. It also supports manufacturing, distribution, retail, trading, services, education, non profits, and more.

Pros of ERPNext

  • It’s free to use and enables users to modify code.
  • The system can scale with an increasing number of users and data.
  • Facilitate multi-store retail management.
  • Detailed analytics insights into business performance.
  • Increase productivity and reduce cost with order management.

Cons of ERPNext

  • The initial learning curve slows down initial productivity.
  • Offline synchronization is slow.
  • It doesn’t provide so many features.

ERPNext Pricing

The plan for a small business with 50 employees costs $50 per month, and the custom plan for large enterprises depends on the functionalities required that the team will reveal.

4. Microsoft Dynamics 365 | Business Applications

Microsoft Dynamics 365 is an integrated suite of enterprise resource planning and customer relationship management applications offered by Microsoft. It provides a collection of third-party apps and SaaS services businesses can customize, configure, and use to optimize business processes, effectively collaborate, and increase growth. The well-known ERP system also provides a unified view of business with multi-department data and functions integration. The built-in intelligence comprising machine learning and artificial intelligence technologies provides rich insights that enhance customer interactions and improve products.

Microsoft Dynamics 365 delivers a cloud-based ERP solution for businesses. Its adaptability ensures seamless integration with other systems, and its improved data accessibility boosts team productivity. This adaptability reassures businesses that the ERP system can be tailored to meet their specific needs, fostering a sense of reassurance about its suitability.

Pros of Microsoft Dynamics 365

  • More efficient operations
  • Process automation and budget control
  • Knowledge sharing improves business performance
  • Connected data helps create innovative strategies
  • Easy migration, implementation, and updates

Cons of Microsoft Dynamics 365

  • Lack of transparency
  • Customization is complex and unintuitive
  • Environment performance is an issue

Microsoft Dynamics 365 Pricing

The price of Microsoft Dynamics 365 ERP solution is different for the range of applications, including sales plan ranges from free of cost to $150 and beyond based on features selected, customer service plans available at $50, $105, and $195 per month depending on functionalities, and more.

5. SAP S/4HANA

One of the popular ERP software developed by SAP SE for large enterprises that use industry-best practices and the latest technology, such as AI, ML, RPA, and analytics, to innovate business operations. The guided implementation and intuitive interface ensure quick technical setup and role-based access. The ERP system capability is extended with ready-to-go APIs using documentation and tools.

SAP S/4HANA is fully managed by SAP, eliminating IT resource requirements and enabling automatic updates. Besides, continuous backup and disaster recovery, system maintenance, data protection, and best-in-class uptimes improve system scalability, security, and compliance with regulations.

Pros of SAP S/4HANA

  • Faster implementation and quick time-to-value is assured
  • Accelerate financial reporting with real-time insights
  • Protect enterprise with built-in security features
  • Intuitive interfaces reduce the learning curve
  • Business models are easy to update

Cons of SAP S/4HANA

  • Licensing and migration are expensive
  • Limited customization options
  • Compatibility issues with older systems

SAP S/4 HANA Pricing

SAP S/4 HANA typically costs anywhere from $250,000 in the first year to hundreds of millions of dollars for both licensing and implementation.

6. Oracle Netsuite: Business Software, Business Management Software

The AI-powered ERP system allows organizations to operate efficiently with process automation and real-time visibility into business performance. The integrated view of all the departments with various applications improves business control. Instant access to financial, operational, and transactional data enables better decisions. Customizable dashboards, reports, and visual analytics help quickly skim the content.

Manual process automation frees up resources that help better serve customers and provide opportunities that help outdo the competition. Also, the support for over 27 languages and 190 currencies increases the ERP usage in more than 200 countries.

Pros of Oracle Netsuite

  • Financial process automation
  • Enhance inventory visibility
  • Supply chain optimization
  • Flawless order management
  • Increase warehouse efficiency
  • Cloud-based solutions ensure scalability
  • Provide 24/7 customer support

Cons of Oracle Netsuite

  • Customization is challenging during upgrades
  • Premium support services and add-on costs make it expensive
  • Initial implementation is time-consuming and complex

Oracle Netsuite Pricing

Netsuite pricing is based on several user licenses, core functionalities needed, and additional modules if opted. The monthly software subscription plan starts at $999 with an extra fee per user, that’s $120.

7. ERPAG: Cloud-based MRP System & Manufacturing Software

One of the best ERPs for manufacturing businesses is the cloud-based ERP system that connects and streamlines all business processes. It helps manage multiple warehouses with efficient stock control and order management. With multi-level bill management, manufacturing processes get simplified, including precise production planning and cost estimation. BI reporting unlocks actionable insights from data that further help create informed strategies.

Quality control, reliability, and traceability are ensured in every batch for lot serial barcodes. ERPAG is also customized with simple tweaks, including a drag-and-drop engine and automated email.

Pros of ERPAG

  • Improved customer service with a comprehensive view of customer interactions, preferences, and history.
  • Better reporting tools with access to real-time information.
  • Allows adding new features to enable business system scalability.
  • Ensure top-grade security with advanced security features, encrypted communication, and backups to protect sensitive data.
  • Works on every platform- mobile, tablet, and desktop

Cons of ERPAG

  • Several user licenses increase the cost.
  • Implementation is risky, with chances of scope creep and missed deadlines.
  • Data conversion costs and time are high.

ERPAG Pricing

With no hidden fees, ERPAG provides three different plans to choose from, and users can change the plan anytime without needing to sign the contract. The basic plan starts at $49 per month, the professional plan is available at $49, and after three months it’s increased to $99 per month; and the advanced plan also starts at $49, and then after three months the cost increase to $199 per month.

8. Acumatica | Cloud ERP Business Management System

The cloud ERP system- Acumatica is the best Enterprise Resource Planning software that helps manage businesses alongside driving innovation, growth, and customer satisfaction. Intuitive UI, cross-module workflows, data accessibility, and resource scalability make it highly usable. The award-winning platform is considered the best the most suitable for industries such as construction, manufacturing, warehouse, distribution, and retail.

The flexible licensing ensures the system grows with your business growth. Compliances, including GDPR, PCI, DSS, and SOC Type 1 & 2, are maintained, which reduces overheads.

Pros of Acumatica

  • Built for customization and scalability.
  • Seamlessly integrate with third-party software and applications.
  • Flexible deployment options.
  • It’s user-friendly and easy to set up.
  • Advanced reporting and analytics capabilities.
  • 24/7 customer support with live chat, knowledge base, and webinar.

Cons of Acumatica

  • Expensive for smaller businesses
  • Limited mobile capabilities
  • Fewer industry-specific features
  • Implementation is long
  • The steep learning curve involved
  • Integration with third-party apps is challenging

Acumatica Pricing

The top enterprise resource planning software pricing is tailored to ERP system usage, depending on the number of applications, resource consumption, and license. After specifying the requirements, Acumatica- a top ERP company- provides a cost estimate.

9. Sage Intacct | Cloud Accounting and Financial Management Software

The best ERP is designed for SMEs, enabling them to manage various departments with various functionalities, including cash management, sales order management, procurement and purchasing, stock & inventory management, etc. However, the best enterprise resource planning software is also called a cloud accounting system because of its core capabilities around and beyond financials.

The modern user interface is optimized for all devices, which improves ERP accessibility. It supports localization in 5 different countries using the English language. Several ways to communicate with customer support, such as FAQs, help desk, live chat, 24/7 reps support, and chat, ensure unmatched support.

Pros of Sage Intacct

  • Automate routine accounting tasks that reduce errors, save time and increase efficiency.
  • Real-time view of business performance.
  • Ability to handle unlimited transactions.
  • Multi-entity consolidation of hundreds of entities that boost productivity.
  • Seamless integration with third-party apps.

Cons of Sage Intacct

  • Data import and export are tricky
  • Leaner ERP data model
  • Non-transparent pricing
  • The mobile app doesn’t support all the features that the web app support

Sage Intacct Pricing

The businesses will get customized pricing plans when they request the ERP with modules and extra functionalities.

How do you choose the right ERP system?

ERP software providers debut the best solution, but only some of the top ERP solutions fit the needs of businesses well. Evaluating the shortlisted ones will help you make the right choice. Here are important things that you should consider;

  • Consider integrations, shared databases, automation, and security features provided by the ERP system.
  • Select the types of ERP systems, including on-premise, cloud-based, and hybrid.
  • Check the ERP system cost based on customization level, modules, add-ons, and license.
  • Request live demo to assess capabilities of ERP software.
  • Evaluate implementation considerations such as time, resources, and cost.

Which ERP is the best to consider?

Are you looking for ERP systems for your business? Want to unify business functions and data, automate tasks, and drive insightful decisions? The exhaustive list of the most popular ERP systems with dozens of options will help every facet of your business.

Narrow down the ERP software after weighing the benefits and challenges, ensuring the selected one aligns with the unique requirements and goals of your business. However, evaluating the ERP needs across various business departments is tricky, and hence taking help from ERP consultants is advised. The expert guidance and assistance reveal the areas that can be improved with specific ERP solutions and functionalities, which helps harness the maximum potential of your business.

What people ask regarding ERP systems?

What is an ERP system, and how does it benefit businesses?

An ERP (Enterprise Resource Planning) system is software designed to manage and integrate the core functions of a business, such as finance, supply chain, human resources, and customer relationship management. It centralizes data from different departments, enabling smoother operations and improved decision-making.

How do I choose the right ERP system for my business?

Choosing the right ERP software depends on several factors. Start by identifying your business’s specific needs and challenges. Consider the size of your company, industry-specific requirements, and the key features you need from the ERP. It’s also essential to evaluate the system’s scalability, integration capabilities, and the support offered by the vendor. Take time to demo a few options and consult with your team before making a decision.

What are the key features to look for in an ERP system?

The features you need in an ERP system will depend on your business’s unique operations, but some key features to consider include:

  • Inventory management for tracking stock levels
  • Financial management for managing accounts and expenses
  • Customer relationship management (CRM) for tracking interactions with clients
  • Human resources tools for payroll and employee data
  • Supply chain management for overseeing the flow of goods and services These features can help streamline various aspects of your business, improving efficiency and productivity.

How much does an ERP system cost?

ERP system costs can vary widely based on the size of your business, the type of ERP you choose (cloud-based or on-premise), and the level of customization you need. Generally, costs include licensing, implementation, training, and ongoing maintenance. Small businesses might find affordable cloud-based ERP solutions, while larger enterprises may require a more tailored and costly on-premise solution. It’s best to request quotes from ERP companies to get a clear understanding of the total cost.

What are the benefits of cloud-based ERP software?

Cloud-based ERP systems offer several benefits over traditional on-premise solutions:

  • Scalability: They can grow with your business without needing large infrastructure investments.
  • Cost efficiency: Cloud ERP systems typically have lower upfront costs and predictable monthly fees.
  • Accessibility: Since they’re hosted in the cloud, you can access your ERP system from anywhere with an internet connection.
  • Faster updates: Software updates and maintenance are managed by the provider, reducing downtime and IT overhead.

Can ERP systems be customized to fit my business needs?

Yes, most ERP systems can be customized to some extent to fit the specific needs of your business. Customization options might include adjusting workflows, adding industry-specific modules, or integrating with other software you use. However, be aware that heavy customization can increase both the cost and complexity of the system. It’s important to balance customization with the core features of the ERP to ensure efficient operations.

How long does it take to implement an ERP system?

The implementation timeline for an ERP solution can vary depending on the size of the business and the complexity of the system. For small to mid-sized businesses, implementation might take a few months. However, larger organizations with multiple departments may require six months to a year for full implementation. Factors such as data migration, employee training, and system testing all play a role in the timeline.

What are the common challenges businesses face during ERP implementation?

ERP software implementation can come with challenges, such as:

  • Data migration: Transferring data from old systems can be time-consuming and prone to errors.
  • Employee training: Ensuring your team understands how to use the new system effectively is crucial.
  • Change management: Employees may resist the new system, making adoption difficult. Clear communication and training can help mitigate this. These challenges can be managed with a well-planned implementation strategy and support from your ERP company.

How secure are ERP systems?

Modern ERP systems are built with robust security measures to protect your business data. Most systems offer features like encryption, role-based access control, and regular security updates. However, as with any software, it’s essential to work with your vendor to ensure the system meets industry security standards, especially if you deal with sensitive data. For cloud-based ERP, check that the provider offers compliance with relevant regulations, such as GDPR or HIPAA.

How can ERP systems help in improving business decision-making?

ERP systems play a vital role in enhancing decision-making by providing real-time data and analytics across all business operations. With access to accurate, up-to-date information, business leaders can make more informed decisions regarding inventory, finances, and customer service. Custom ERP solutions also generate detailed reports and forecasts, allowing companies to identify trends, address issues early, and optimize processes for better efficiency and growth.

Avantika Shergil Avantika Shergil   |  Oct 18, 2024

An enthusiastic Operations Manager at TopDevelopers.co, coordinating and managing the technical and functional areas. She is an adventure lover, passionate traveler, an admirer of nature, who believes that a cup of coffee is the prime source to feel rejuvenated. Researching and writing about technology keeps her boosted and enhances her professional journeying.

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