Examples of Leading ERP Systems Across 10 Categories
As a leading resource for Enterprise Resource Planning (ERP) comparison tools, we've spent years analyzing and reviewing the best ERP systems available. Our mission is to help businesses of all sizes find the perfect ERP solution to meet their unique needs.
In this article we cover
In this article, we’ll explore examples of leading ERP solutions across ten popular categories, providing a comprehensive guide to the best options on the market.
ERP systems are indispensable tools that can improve the way businesses operate.
Whether you’re a small business looking to streamline your processes or a large enterprise needing a robust solution to handle complex operations, an ERP system exists for you. We’ll share our insights and experience to help you understand different ERP examples and how they can benefit your business.
What are Enterprise Resource Planning Systems?
Let’s take a quick step back and review the fundamental aspects that make these software systems exceptional.
ERP systems are comprehensive software platforms that integrate and manage all core business processes. These systems provide a unified database where various business functions, such as finance, human resources, supply chain, manufacturing, and customer relationship management (CRM), can be managed seamlessly.
By centralizing data and processes, these systems help organizations simplify operations, improve data accuracy, and enhance decision-making capabilities.
What Types of Businesses Benefit from an ERP System?
ERP platforms are versatile and can benefit a wide range of businesses, regardless of their size or industry. Here are some examples:
- Small Businesses: Even small enterprises can benefit from an ERP solution by automating routine tasks, improving inventory management, and enhancing customer service. Examples include retail shops, small manufacturers, and service providers.
- Medium-Sized Enterprises (Mid-Market): These businesses often have more complex needs than small businesses but don’t require the extensive capabilities of large enterprises. Mid-market companies benefit from ERP systems through improved resource planning, better financial management, and enhanced supply chain management.
- Large Enterprises: Large corporations with multiple departments, extensive supply chains, and global operations rely heavily on ERP systems to maintain efficiency and control. They benefit through advanced analytics, comprehensive reporting, and robust process automation.
More on How Businesses Benefit from ERP
Here are some examples of how different business functions benefit:
- Finance: ERP systems automate financial processes, ensuring accurate accounting, budgeting, and financial reporting. This leads to better financial control and compliance with regulations.
- Human Resources: From payroll management to recruitment and employee performance tracking, ERP systems streamline HR processes, making them more efficient and less time-consuming.
- Supply Chain Management: ERP systems enhance supply chain visibility, optimize inventory levels, and improve supplier relationships, resulting in reduced costs and increased efficiency.
- Manufacturing: Manufacturing ERP systems integrate production planning, quality control, and maintenance management, helping manufacturers reduce waste, improve product quality, and increase production efficiency.
- Customer Relationship Management (CRM): ERP systems centralize customer data, enabling better customer service, targeted marketing, and improved sales processes.
ERP is not a one-size-fits-all purchase, and different solutions fall under different categories that might appeal to buyers. The subsequent sections will provide detailed examples of different ERP platforms categorized by their unique features and benefits.
ERP System Examples
Enterprise Resource Planning systems come in various forms to meet the diverse needs of businesses. Here are examples of systems categorized by their unique features and benefits:
1. Comprehensive ERP Solutions
Comprehensive ERP solutions provide extensive functionality across multiple business areas, making them ideal for organizations seeking an all-encompassing system.
Microsoft Dynamics 365 Business Central
Dynamics 365 Business Central is an ERP for small to mid-sized businesses, offering integrated solutions for finance, manufacturing, and sales. It seamlessly integrates with Microsoft tools, offers real-time cloud access, and scales with business growth.
SAP S/4HANA
SAP S/4HANA Cloud is an ERP system for manufacturers with AI, machine learning, and analytics. It provides real-time insights into manufacturing processes, facilitates quick adjustments to demand changes, and enables better decision-making. The system supports seamless integration with other SAP solutions and is extendible for enterprise-wide processes.
2. Turnkey ERP Solutions
Turnkey ERP solutions are designed for quick deployment with minimal customization, making them ideal for businesses that need a ready-to-use system.
NetSuite ERP
NetSuite ERP is a leading cloud-based solution for managing back-office operations and financial processes. It serves over 24,000 global customers and offers robust financial management, inventory, supply chain, and real-time analytics. This platform prioritizes innovation, growth, and swift decision-making through unified business insights.
Sage Intacct
Sage Intacct is a premier cloud financial management and accounting software, specifically beneficial for small manufacturers aiming to streamline their financial operations. Endorsed by the AICPA as its chosen provider for such services, Sage Intacct provides small manufacturers with real-time financial insights, enabling them to optimize inventory, manage costs, and make data-driven decisions.
3. Highly Customizable
Highly customizable ERP solutions are ideal for businesses with unique needs that require tailored solutions.
IFS Cloud
IFS Cloud (previously IFS 10.0) is a versatile enterprise software combining ERP, EAM, and ESM functionalities. Started in 1983, its latest version boasts an intuitive user interface built on a component-based, Service Oriented Architecture (SOA), emphasizing adaptability across core processes like Manufacturing and Supply Chain.
Infor CloudSuite Industrial Enterprise (Infor LN)
Infor LN, once Baan, is a tailored ERP for manufacturers. Streamlining processes from production to planning, it's versatile for on-premises or cloud. It is Specialized in industries like aerospace and boasts quality control, Smart Manufacturing, and analytics.
4. Small Business ERP Systems
ERP systems tailored for small businesses focus on essential functionalities and affordability, making them accessible for smaller enterprises.
Cetec ERP
This affordable ERP offers world-class manufacturing management at an amazing price tag (just $40 per user per month when licensed as a SaaS). Some highlights of the cloud-based Cetec ERP are CRM and sales management, manufacturing quoting, inventory management, mobile warehousing, quality assurance and more.
NetSuite ERP
NetSuite ERP is a leading cloud-based solution for managing back-office operations and financial processes. It serves over 24,000 global customers and offers robust financial management, inventory, supply chain, and real-time analytics. This platform prioritizes innovation, growth, and swift decision-making through unified business insights.
5. Mid-Market ERP Systems
Mid-market ERP systems are designed for medium-sized businesses that need more advanced features than small-business ERP solutions.
Epicor Kinetic
Epicor Kinetic, formerly Epicor ERP, is tailored for various manufacturing needs. It offers both cloud and on-premises options and excels in real-time monitoring, quality management, and global financial integration. Its user-friendly design ensures intuitive navigation and robust global support, fostering business growth and efficiency.
Acumatica Cloud ERP
Acumatica Cloud ERP is a versatile system tailored for growing businesses. It integrates accounting, sales, and customer management with industry-specific add-ons and advanced technologies like AI and IoT. With a user-friendly interface and global adaptability, Acumatica stands as a premier, affordable ERP solution.
6. Large Enterprises
ERP systems for large enterprises are designed to handle the extensive needs of big corporations with complex business operations.
SAP S/4HANA
SAP S/4HANA Cloud is an ERP system for manufacturers with AI, machine learning, and analytics. It provides real-time insights into manufacturing processes, facilitates quick adjustments to demand changes, and enables better decision-making. The system supports seamless integration with other SAP solutions and is extendible for enterprise-wide processes.
Infor CloudSuite Industrial Enterprise (Infor LN)
Infor LN, once Baan, is a tailored ERP for manufacturers. Streamlining processes from production to planning, it's versatile for on-premises or cloud. It is Specialized in industries like aerospace and boasts quality control, Smart Manufacturing, and analytics.
7. Industry Specific
Industry-specific ERP solutions are tailored to meet the unique requirements of particular sectors.
BatchMaster Manufacturing
BatchMaster ERP software is an excellent choice for food manufacturers who are working to expand and grow their operations. Through BatchMaster’s embedded functionality, a food manufacturer can easily add powerful functions such as batch production, costing and inventory management to the software they already use. Their process manufacturing solutions are built for smooth and simple integration with SAP Business One, QuickBooks and other popular enterprise software.
RealSTEEL
RealSTEEL ERP, built on Microsoft Dynamics 365 Business Central, is designed for steel and metals industries. It automates specialized business processes and provides a unified view of operations. The cloud-based system supports inventory, financial management, sales, and project management, with easy customization and integration across Microsoft platforms.
8. Cloud-Based ERP
Cloud-based ERP systems offer flexibility and scalability, with the added benefit of remote access and lower upfront costs.
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP is a modern, cloud-based suite offering AI and real-time analytics for manufacturers. It provides automatic updates to streamline processes and improve decision-making. The suite includes modules for financial management, project management, and supply chain management, aiming for faster deployments and lower ownership costs.
Acumatica Cloud ERP
Acumatica Cloud ERP is a versatile system tailored for growing businesses. It integrates accounting, sales, and customer management with industry-specific add-ons and advanced technologies like AI and IoT. With a user-friendly interface and global adaptability, Acumatica stands as a premier, affordable ERP solution.
9. On-premise ERP
On-premise ERP solutions are installed locally on a company’s servers and provide complete control over the system and data.
SAP Business All-In-One Software
SAP Business All-in-One ERP supports midsize manufacturing and distribution firms with industry-specific tools. Powered by SAP S/4HANA, it's scalable, user-friendly, and rapidly deployable. It streamlines business processes, improving operational efficiency and financial performance.
SYSPRO
SYSPRO ERP is a flexible enterprise solution with 40 years of industry-tailored development. It emphasizes user customization, offers cloud and on-premise deployment, and integrates advanced analytics for real-time decision-making, connecting seamlessly with AI and IoT.
10. ERP with Artificial Intelligence
Systems with artificial intelligence (AI) capabilities provide advanced analytics, predictive insights, and automation.
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP is a modern, cloud-based suite offering AI and real-time analytics for manufacturers. It provides automatic updates to streamline processes and improve decision-making. The suite includes modules for financial management, project management, and supply chain management, aiming for faster deployments and lower ownership costs.
SAP S/4HANA
SAP S/4HANA Cloud is an ERP system for manufacturers with AI, machine learning, and analytics. It provides real-time insights into manufacturing processes, facilitates quick adjustments to demand changes, and enables better decision-making. The system supports seamless integration with other SAP solutions and is extendible for enterprise-wide processes.
Examples of ERP Deployment Options
ERP platforms can be deployed differently to suit a business’s specific needs and preferences.
Here are the main deployment options:
Cloud-Based ERP
Cloud-based ERP systems are hosted on the vendor’s servers and accessed online. This deployment model offers several advantages:
- Flexibility and Scalability: Cloud ERPs can easily scale up or down based on business needs. This makes them ideal for growing companies or those with fluctuating demands.
- Lower Upfront Costs: Since the infrastructure is managed by the vendor, businesses save on hardware and maintenance costs. The subscription-based pricing model also helps in managing budgets more effectively.
- Remote Access: Employees can access the system from anywhere with an internet connection, facilitating remote work and improving collaboration across different locations.
On-Premise ERP
On-premise ERPs are installed locally on a company’s servers and managed by its IT staff. This deployment model provides certain benefits:
- Control and Security: Businesses completely control their ERP system and data. This is crucial for companies with stringent security requirements or regulatory compliance needs.
- Customization: On-premise ERP systems can be heavily customized to meet specific business processes and requirements.
Hybrid ERP
Hybrid ERP solutions combine elements of both cloud-based solutions and on-premise deployments. This model allows businesses to maintain certain functionalities on-premise while leveraging the cloud for others. The hybrid approach offers several advantages:
- Flexibility: Businesses can choose which modules to run on-premise and which to host in the cloud based on their specific needs and preferences.
- Cost Management: A hybrid approach can help manage costs by using cloud services for less critical functions while keeping sensitive or critical data on-premise.
- Gradual Transition: Companies can gradually migrate to the cloud without completely overhauling their existing infrastructure, reducing disruption to operations.
The choice of ERP deployment depends on a business’s specific needs, preferences, and resources. A cloud-based ERP system offers flexibility and lower costs, and most of our clients choose cloud solutions.
On-premise ERP provides control and customization, and hybrid ERP combines the best of both worlds for a tailored approach.
ERP Module Examples and Their Functions
ERP software comprises various modules, each designed to manage specific business functions.
These modules integrate seamlessly to provide a unified system that enhances efficiency and data accuracy across an organization. By adopting an ERP software system with multiple modules, businesses can streamline processes, reduce redundancies, and improve overall performance.
Here are some examples of common ERP modules and their functions:
Financial Management
- Functions: General ledger, accounts payable and receivable, fixed assets management, financial reporting.
- Benefits: Ensures accurate financial data, streamlines accounting processes and provides detailed financial insights for better decision-making.
Human Resources (HR)
- Functions: Payroll, recruitment, employee records, performance management, benefits administration.
- Benefits: Automate HR processes, improve employee data management, and enhance payroll accuracy.
Supply Chain Management (SCM)
- Functions: Inventory management, order processing, procurement, logistics, supplier management.
- Benefits: Optimizes inventory levels, improves supplier relationships, and enhances order fulfillment efficiency.
Customer Relationship Management (CRM)
- Functions: Sales tracking, customer service management, marketing campaigns, customer data management.
- Benefits: Enhances customer service, improves sales processes, and enables targeted marketing efforts.
Manufacturing
- Functions: Production planning, scheduling, quality control, shop floor management, bill of materials.
- Benefits: Streamlines manufacturing processes, improves product quality, and reduces production costs.
Project Management
- Functions: Project planning, resource allocation, time tracking, project costing, risk management.
- Benefits: Ensures projects are completed on time and within budget, improves resource utilization, and enhances project visibility.
Sales and Distribution
- Functions: Sales order processing, pricing and promotions, distribution management, and sales forecasting.
- Benefits: Streamlines sales processes, optimizes distribution networks, and enhances sales forecasting accuracy.
Procurement
- Functions: Purchase order management, supplier evaluation, contract management, procurement analytics.
- Benefits: Improves procurement efficiency, reduces costs, and ensures compliance with procurement policies.
By understanding the functions and benefits of these common ERP modules, businesses can better assess their needs and select ERP software that provides the right mix of modules.
Examples of Challenges that ERP Systems Solve in Manufacturing Industries
Enterprise Resource Planning solutions help manufacturing industries overcome various challenges by streamlining processes, improving data accuracy, and enhancing overall efficiency.
Here are examples of challenges that ERP solutions address in different manufacturing sectors:
Food & Beverage
Challenge: Regulatory Compliance and Traceability
Solution: ERP software ensures compliance with food safety regulations by providing detailed traceability of ingredients and finished products. It tracks batches, manages recalls, and generates compliance reports.
System: BatchMaster Manufacturing helps food and beverage manufacturers comply with industry regulations and maintain product quality through robust traceability features.
Distribution
Challenge: Inventory Management and Order Fulfillment
Solution: ERP systems optimize inventory levels, reduce stockouts, and streamline order processing. They provide real-time visibility into inventory and automate order fulfillment processes.
System: Epicor Prophet 21 offers advanced inventory management and order processing capabilities, helping distributors improve efficiency and customer satisfaction.
Automotive
Challenge: Supply Chain Complexity and Production Scheduling
Solution: ERP software manages complex supply chains by coordinating suppliers, optimizing inventory, and scheduling production to meet demand. They enhance visibility and communication across the supply chain.
System: Global Shop Solutions provides robust supply chain management and production scheduling features tailored to the automotive industry.
Aerospace and Defense
Challenge: Compliance with Strict Regulations and Quality Standards
Solution: ERP systems ensure compliance with stringent industry regulations and quality standards. They manage documentation, track parts and materials, and provide audit trails.
System: Epicor Kinetic offers comprehensive compliance management and quality control features, helping aerospace and defense manufacturers meet industry requirements.
Pharmaceuticals and Biotechnology
Challenge: Batch Management and Regulatory Compliance
Solution: ERP systems manage batch production processes, ensuring compliance with regulatory requirements. They track batches, manage formulations, and generate compliance reports.
System: Deacom ERP provides advanced batch management and compliance features, ensuring pharmaceutical manufacturers adhere to industry regulations.
Energy
Challenge: Asset Management and Maintenance
Solution: ERP systems manage assets and maintenance schedules, reducing downtime and extending the lifespan of equipment. They provide real-time data on asset performance and maintenance needs.
System: Infor CloudSuite Industrial Enterprise offers comprehensive asset management and maintenance planning features, helping energy companies optimize operations and reduce costs.
Our comparison tools are categorized by industry and have helped thousands of businesses find the best system for their unique challenges. Industry-specific needs are critical when selecting an ERP system, and our platform is designed to assist businesses in making informed decisions to address their specific requirements.
Case Studies of Successful ERP Implementation Examples
Implementing an ERP system can significantly improve a business. This section presents real-world examples from various industries, showing the impact of ERP solutions.
These case studies illustrate how businesses have addressed challenges like inefficient processes and data silos. They highlight the benefits of a new ERP implementation or upgrading an outdated system.
Reid MFG Case Study by Cetec ERP
Reid MFG, a rapidly growing Oklahoma-based custom cabinets and door systems manufacturer, faced challenges with data integration between quoting and production processes. Implementing Cetec ERP provided a cost-effective solution, enabling real-time data entry and tracking on the shop floor through mobile tablets. This integration improved operational efficiency, provided real-time job tracking, and enhanced profitability, allowing Reid MFG to address issues promptly and improve overall workflow with minimal training.
Epec Engineered Technologies Case Study for Netsuite ERP
Epec Engineered Technologies, a custom electronics design and manufacturing leader, upgraded from an outdated, on-premise ERP to NetSuite ERP for its superior customization and end-to-end manufacturing capabilities. This transition allowed Epec to effectively integrate its global operations, including several Asian manufacturing sites, enhancing real-time data access and global scalability. The implementation enabled seamless onboarding of acquired companies, support for remote work, and improved coordination with international partners, significantly optimizing production and vendor management.
Oil Industry Supplier Case Study for Microsoft Dynamics 365 Business Central
An oil industry supplier transitioned from an on-premises Microsoft Exchange server to Microsoft 365 in the Azure cloud, facilitated by Velosio’s expertise in cloud solutions. This move enhanced communication flexibility, scalability, and security, meeting the industry’s evolving demands. The cloud-based setup enabled cost-effective scalability, improved financial planning, and bolstered security measures such as encryption and multi-factor authentication. Additionally, the migration ensured business continuity with reduced risks of disruptions, supporting the supplier’s long-term operational needs.
We Offer More Than Examples
Given the many options available, choosing the right ERP system for your business can be complex. We offer tools and resources to help you make an informed decision tailored to your specific needs.
Use Our “Best Fit” ERP Comparison Tool
Our “Best Fit” Comparison Tool is designed to simplify the ERP selection process. This tool allows you to compare different ERP solutions based on various criteria, such as industry suitability, company size, deployment options, and specific functionalities.
By inputting your business requirements, the tool generates a list of systems that best match your needs, providing a clear and concise comparison to help you make an informed decision. You can even request complimentary demos and price quotes for each system that appeals to you.
Get Personalized Selection Help
In addition to the comparison tool, we offer personalized selection help. Our team of ERP experts can provide tailored recommendations based on your unique business requirements. We can guide you through the selection process, ensuring you choose the ERP system that aligns with your goals and budget.