31 May Best ERP software 2017
ERP software. The solution to fulfil growing businesses needs. The solution which deals with all your aches and pains. But most importantly, the solution which helps a business to become successful.
What is an ERP system? When you search for this on the internet, it can be overwhelming and very confusing with all the large definitions you read.
To get a better sense of how something can change your business for the better, it would be helpful if you understood what it is and how it works.
So simply, here is what ERP software is: –
What is ERP software?
An Enterprise Resource Planning solution, better known as ERP, is a business process management software. To keep it simple, ERP software combines all the functions inside a business to enable it all to work as a unit.
Just think of an ERP system as the glue that binds the different computer systems in an organisation.
At the heart of ERP systems is a shared database which assists all business departments to do their job. A portal or a dashboard are the standard ERP features. These allow employees to quickly recognize the business’ performance by displaying a KPI.
Now we’ve answered what ERP software is, the next step is knowing what ERP software fits your business.
Thankfully, Frontrunners put together a report identifying which ERP solutions offer the best capability for small businesses, all orientated to buyers in industries such as manufacturing, distribution, retail etc. You can download the full report by clicking on the preveiw.
A breakdown of the report
Upper Right – Leaders – These are all-round strong products in the ERP market. They are evaluated as highly valuable by customers since they provide complete functionality to a wide range of customers.
Upper Left – Masters – The products aim more heavily on certain features or market segments. If you are looking for a more particular set of functionalities without any special features, then an ERP system in this quadrant could be the right fit for you.
Lower Right – Pacesetters – Pacesetters provide a strong set of features which are not as highly valued as the Leaders. This could be, a Pacesetter might offer better functionality, but they are more expensive.
Lower Left – Contenders – Like the Masters, these focus more on a specialise set of functionalities but are priced highly. They are ideal for businesses willing to spend more on an ERP system with specific features which match their needs.
SAP Business One overview
SAP Business One placed in the Leaders quadrant meaning it’s a more than suitable ERP solution for small businesses.
This product is viewed as an all-round strong ERP system since it offers complete functionality to a wide-range of market segments.
SAP Business One is a scalable product that provides complete visibility and control over all the main components inside your business. This EPR solution adds value which you can see and measure, making your staff more productive, your processes streamlined, and decisions more strategic.