Top 10 ERP Systems for 2024

We’ve compiled this list of the top ERP systems for 2024 to make the search easier and less stressful.

You’ve probably seen websites recommending systems that aren’t really ERPs or don’t have the full set of ERP features most businesses need. We want to change that by showcasing truly robust, full-featured solutions.

Our picks come from careful, independent research. We don’t accept payment to include systems on this list. Instead, we’ve chosen ERPs that we have seen prove themselves across different industries and company sizes.

This isn’t a typical ​“best to worst” ranking. Every business is unique, so there’s no universal best choice. Each system here has met our high standards and shown real-world success.

We’ll break down each system’s key features. Then, you can use our ERP comparison tools to narrow the options or find others that might better suit your needs.

Check out the methodology at the end of the article for insight into the selection process. We use a thorough method to ensure that our recommendations align with your business goals and offer room for growth.

Let’s explore the ERP systems that are making waves in 2024.

What is Enterprise Resource Planning?

First, let’s clearly define what to expect from an Enterprise Resource Planning Solution. 

ERP systems integrate all business functions into one place. They connect everything from finance and accounting to human resources, customer relationships, production planning, and supply chain management.

This integration helps departments work better together. For example, it links production schedules with inventory levels and customer orders, making it easier to track materials from suppliers to finished products.

ERP eliminates many manual tasks, saving time and reducing mistakes. It provides up-to-date information about the business, enabling faster and better decision-making.

As companies grow, ERP software systems can adapt to fit changing needs.

Different industries use ERP in different ways. In manufacturing industries, it’s often at the core of how the business runs.

While ERP can benefit any company, it’s especially useful for businesses that have outgrown their current systems and need a more comprehensive solution.

The Top ERP Systems

Before we begin our list of the top 10 ERP systems for 2024, it’s worth noting that we’ll cover more about choosing the right ERP later in this article. For now, let’s focus on the systems themselves.

The systems selected excel in different areas. The best choice will depend on specific business needs.

For each system, we’ve included what we like about it and links to get more information. You’ll also find links for demos and price quotes.

1. NetSuite ERP

What We Like About NetSuite ERP:

We like that NetSuite ERP scales with businesses of all sizes. 

Its comprehensive financial management streamlines accounting, billing, and revenue management, providing real-time visibility into financials.

Being cloud-based, NetSuite is accessible from anywhere, reduces IT costs, and requires no complex hardware setup.

The built-in business intelligence, real-time reporting, and analytics are particularly noteworthy, allowing for quick and effective decision-making. The system is flexible, with many customization options to fit various business needs.

Everything is in one product, eliminating the inefficiencies of using multiple software solutions. It’s user-friendly and features role-specific dashboards for easy business management.

2. Epicor Kinetic

What We Like About Epicor Kinetic:

We like Epicor Kinetic’s flexibility, with cloud and on-premise deployment options, which will meet the needs of businesses with different deployment preferences. It’s also highly specialized to handle the complexities of a manufacturing business.

It has a user-friendly interface with intuitive navigation and role-based home pages, so even infrequent users can use it. 

You can’t ignore its robust functionality to support multiple manufacturing environments, including make-to-order, engineer-to-order, and mixed-mode manufacturing. The suite of integrated tools, including advanced planning and scheduling, real-time production monitoring, and extensive product data management, stands out to us.

Overall, Epicor Kinetic’s focus on simplification and innovation improves productivity and efficiency.

3. Global Shop Solutions

What We Like About Global Shop Solutions:

We value Global Shop Solutions for its strong focus on manufacturing and job shops. Its suite of applications meets manufacturers’ needs. With powerful ERP system features for shop management, scheduling, inventory, accounting, quality control, and CRM to streamline the manufacturing process from quote to cash. 

We like the flexibility of cloud and on-premise deployment options, which makes it suitable for businesses of all sizes. The focus on real-time inventory accuracy, on-time delivery, and customer service aligns with the manufacturing industry. 

Global Shop Solutions’ simplification of manufacturing and excellent customer support makes us confident that it’s a great ERP partner for many manufacturing companies.

4. IFS Cloud

What We Like About IFS Cloud:

We like IFS Cloud for its flexibility and comprehensive suite of tools for complex industries. The modular design and service-oriented architecture mean you can implement only what you need and reduce costs and complexity. 

The user interface incorporates modern design principles, aiming for a clean and uncluttered look. This helps productivity by making it easy for users to find what they need and do their tasks efficiently. 

IFS Cloud’s focus on enterprise asset management, manufacturing, project, and supply chain management means it can handle multiple business processes. IFS is one of the ERP vendors committed to being at the forefront of AI in ERP so you can have advanced analytics and automation to make better and more efficient decisions. 

Our finding that it can adapt quickly to market changes without disrupting business operations further underscores its value as a dynamic ERP solution.

5. Infor CloudSuite Industrial

What We Like About Infor CloudSuite Industrial (SyteLine):

We appreciate Infor CloudSuite Industrial for its versatility in supporting various manufacturing company processes, from make-to-order to mixed-mode applications. Its flexibility as a cloud-based ERP system or on-premise deployment makes it adaptable to diverse business needs.

The user-friendly interface with role-based dashboards and reporting tools enhances productivity by providing quick access to critical information. A robust ERP system, including powerful production management, advanced scheduling, inventory planning, and aftermarket service, also streamlines complex manufacturing operations.

We also like the integration capabilities and the comprehensive platform for social collaboration, which drive efficiency and foster better decision-making.

6. Microsoft Dynamics 365 Business Central

What We Like About Microsoft Dynamics 365 Business Central:

We like Microsoft Dynamics 365 Business Central’s seamless integration with other Microsoft business apps like Office 365 for businesses that leverage Microsoft software. 

Deployment options include both cloud and on-premise. The system can be implemented and scaled to different business needs.

We like the features for small — to medium-sized manufacturing companies, supply chain management, project planning, job costing, and reporting, which enable more efficiency and profit. 

The easy customization options and user-friendly interface make it an excellent choice for diverse business needs. Plus, integrated Microsoft Copilot AI features mean better decision-making with advanced analytics and automation, which is a big advantage in complex business processes.

7. SAP S/4HANA

What We Like About SAP S/4HANA:

We like SAP S/4HANA for its intelligent technologies, AI, machine learning, and advanced analytics, which keep it at the forefront of the next wave of technologies. These help businesses get the most out of software solutions. Real-time insights into work centers and resource capacity mean manufacturers can load balance and adjust on time.

Its live MRP engine allows rapid response to demand and material changes, which is critical for smooth production. The ability to collaborate with original equipment manufacturers (OEMs) and contract service providers allows quick fulfillment of custom orders and minimal inventory and waste.

On a more technical note, consistent in-memory data models and simplified business data architecture make hybrid landscapes easier to manage and more flexible and scalable. 

With SAP Fiori’s award-winning user experience and the context-aware SAP CoPilot digital assistant, users can access the system from any device, ensuring a seamless and intuitive experience.

8. SYSPRO

What We Like About SYSPRO:

We like that SYSPRO has 40+ years of industry experience and specialization. This deep understanding of manufacturing and distribution industries translates into robust, last-mile functionality tailored to specific business needs.

On the software front, we like the configurability and extensibility so low or no code customization to create a personalized experience. SYSPRO’s cloud, on-premise, or hybrid deployment options suit varying business needs.

Integrated analytics means business-wide visibility, which means faster and better decision-making. SYSPRO’s out-of-the-box AI, ML, and IoT integrations make it adaptable and future-proof.

9. Plex Manufacturing Cloud

What We Like About Plex Manufacturing Cloud:

We appreciate Plex Manufacturing Cloud’s innovative approach, offering the first ERP cloud built from the plant floor up. This means manufacturers can run smarter, leaner, and more efficiently and meet today’s and tomorrow’s challenges.

Plex’s real-time integration of plant floor data with ERP, CRM, MES, and SCM means unmatched visibility and control of operations. We like that they use agile development to eliminate the headaches of traditional ERP systems, costly upgrades, and complex version control.

Plus, Plex’s SaaS model allows manufacturers to access the latest features without a hardware investment, making it a flexible and scalable solution for growing businesses.

10. Acumatica Cloud ERP

What We Like About Acumatica Cloud ERP:

We like Acumatica Cloud ERP for its consumption-based licensing model, which means unlimited users can access the system without extra cost and allows collaboration across the organization. 

Robust integration with modern technologies like AI, machine learning, IoT, and big data analytics means businesses can stay ahead in the digital economy.

The platform’s flexibility in deployment options, whether cloud or on-premise, ensures it meets diverse business needs. Acumatica’s easy-to-use interface is one of the best. Real-time insights and a full suite of applications mean it’s a growth and efficiency machine.

Our Methodology for Selecting the Top ERP Systems for 2024

At Top10ERP​.org, we help businesses find ERP solutions that fit their needs. Here’s how we chose the best ERP systems for 2024:

1. Needs Assessment: We talked to other industry experts in our network to understand what they feel businesses really need from their ERP systems. Together with our own knowledge, this helped us create a detailed list of must-have features.
2. Market Research: We looked at the ERP market as a whole. We wanted to know which vendors are leading the pack, who’s innovating, and what users are saying.
3. Technical Analysis: We dug into the nuts and bolts of each system. We looked at things like how well they’re built, if they can grow with your business, and how easily they work with other software.
4. Vendor Check: We didn’t just look at the software. We also checked out the companies behind them. We wanted to make sure they were financially stable and provided good support.

This approach helps us recommend ERP systems that not only work well now but can also support your business as it grows.

Evaluating the Top ERP Systems

This list of the best ERP software is an excellent starting point for your search.

Keep in mind that the best ERP system varies for each business. There are many options on the market, and companies have different needs.

That’s why we’ve created best-in-class ERP comparison tools. Compare the systems on our list side by side and narrow down your options even further.

We also offer custom comparisons for specific manufacturing industries. Our site includes helpful selection guides for each industry.

For a more in-depth approach, check out our comprehensive guide to evaluating ERP systems. It walks you through all the steps needed for a thorough assessment of top ERP solutions.

Remember, choosing an ERP system is a big decision. Take your time, do research, and don’t hesitate to ask for demos or trials before making your final choice.

Comprehensive Features of a Top ERP System

We often see online reviews that include systems with limited functionality or software that isn’t a true ERP solution. It’s crucial to evaluate comprehensive ERP systems. Our comparison tools only feature full ERP systems.

General Features

A top ERP system should have these key characteristics:

• User-friendly interface: Easy to navigate and use.
• Integration: Connects various business processes seamlessly.
• Modularity and Scalability: Adapts to your business needs and growth.
• Real-time data processing: Immediate updates across all modules.
• Reporting and analytics: Advanced tools for informed decision-making.
• Collaboration Tools: Built-in features for teamwork and information sharing.
• Security: Strong protection for sensitive business data.
• Automation: Streamlines repetitive tasks.
• Mobile accessibility: Access from different devices and locations.

Core Modules

A comprehensive ERP solution should include these key modules:

• Financial Management: Covers accounting, payables, receivables, and financial reporting.
• Sales & Order Management: Handles quotes, orders, invoicing, and forecasting.
• Customer Relationship Management (CRM): Manages customer interactions and data.
• Inventory and Materials Management: Tracks inventory, manages purchasing, and handles warehouse management.
• Production and Operations Management: Covers BOMs, work orders, quality control, and scheduling.
• Supply Chain Management: Manages forecasting, planning, logistics, and supplier relationships.
• Human Resources Management: Handles employee data, payroll, attendance, and recruitment.
• Project Management: Manages tasks, resources, and project tracking.
• Business Intelligence and Reporting: Provides data analytics, customizable dashboards, and KPI tracking.
• Compliance and Risk Management: Ensures regulatory compliance and risk assessment.
• Support and Training: Offers help features, chatbots, and learning resources.

The modules needed will vary based on each type of company. For example, manufacturing businesses often require more specialized production and inventory modules than service-based companies.

Now that you know what features to look for, let’s discuss another choice to be made – how your ERP system is deployed. Many of the best ERP systems we listed above include various deployment options.

ERP Deployment Options

Most businesses today use cloud ERP software, which is why many cloud-based options appear in our top systems list. But it’s not one-size-fits-all. Many top ERP vendors offer both cloud and on-premise choices. There’s also a hybrid option, though it’s less common.

Cloud ERP: This is ERP software accessed over the internet. It’s stored on servers managed by the provider. No expensive hardware is needed; it’s easy to scale, and users always have the latest version. The downside? Ongoing subscription fees are required, and a reliable internet connection is necessary.

On-premise ERP: With this option, the ERP software is installed on the company’s own servers. It offers more control over data and allows for extensive customization. However, be prepared for higher upfront costs. Hardware purchases and ongoing maintenance are required.

Hybrid ERP: This is a mix of cloud and on-premise solutions. Companies can choose which parts of the ERP to keep in-house and which to put in the cloud. It’s flexible but can be tricky to set up and manage. It might also end up costing more than choosing just one option.

Choosing Your Deployment Option

When deciding how to deploy an ERP system, consider these internal and external factors:

• Costs: Think about both upfront and long-term expenses. The next section will dive deeper into costs.
• Business needs: Consider the level of control and customization required. Also, factor in the company’s growth rate.
• IT capabilities: Assess whether the internal team can manage and maintain an ERP system.
• Data security: Understand the security regulations specific to the industry.

The right option will balance costs, the need for control, and operational requirements. It should align with the company’s future direction and goals.

ERP Costs

Understanding the cost of an ERP system is important when shopping around. But here’s the thing: there’s no one-size-fits-all price tag. The cost can vary widely based on company size, required features, and chosen vendor.

Let’s look at the different ways ERP solutions are priced:

• User-based pricing: The more people using the system, the higher the cost.
• Module-based pricing: Charges are based on each module or group of modules needed.
• Enterprise licenses: A set amount is paid for a certain period. It’s predictable, which can be good for budgeting.
• Usage-based pricing: The bill is based on actual system usage.

The deployment method also affects the cost:

• On-premise: Higher upfront costs, but more control. It might save money in the long run.
• Cloud-based: Lower upfront costs, but subscription fees apply. Maintenance is usually included.
• Hybrid: This mix of on-premise and cloud can be expensive to set up initially.

When crunching the numbers, consider the Total Cost of Ownership (TCO). This includes the software itself but also maintenance, hardware, staff, and services. Don’t just look at the upfront cost — consider long-term expenses, too.

Remember, the cheapest option isn’t always the best value. Focus on finding an ERP system that will help the business grow and run more efficiently.

That’s where the real return on investment comes from.

Additional Topics to Explore

While we’ve covered the essentials of top ERP platforms, there’s much more to discover in this rapidly evolving field.

Artificial Intelligence in ERP

AI is a hot topic in consumer and enterprise software right now. ERP vendors are racing to add AI features to their systems.

Why? AI helps ERP software do some pretty impressive things:

• Analyze huge amounts of data
• Improve core business processes
• Predict problems before they happen
• Make smarter decisions

This AI-ERP combo is making businesses more efficient and adaptable. It’s cutting costs too.

Looking ahead, AI is set to become a must-have for businesses that want to stay competitive. It’s making ERP software smarter and more effective than ever.

Manufacturing ERP Systems

We specialize in helping manufacturers find the right ERP systems. Here’s why industry-specific features matter so much in manufacturing:

Manufacturing ERP software integrates all the key parts of manufacturing operations—production planning, inventory management, and quality control — into one platform. This gives you a clear view of your entire operation, which can boost efficiency and cut costs.

Some ERP systems are tailored for specific types of manufacturing:

• Global Shop Solutions is great for discrete manufacturing, with strong shop floor control features
• BatchMaster is perfect for process manufacturing, offering tools for recipe management and compliance

Advanced systems like Acumatica Cloud ERP use AI and IoT to predict when machines need maintenance and monitor production in real-time. Others like SAP S/4HANA and Microsoft Dynamics 365 Business Central are flexible and can grow with your business.

These specialized systems also help with regulatory compliance and quality control — crucial in industries like automotive, aerospace, and food manufacturing. They automate checks and compliance tasks, saving time and reducing errors.

Other Leading ERP Examples

While we’ve focused on the top 10 overall systems here, we have more resources if you want to explore them further. In another article, we break down ERP systems by category and industry.

In the article, we evaluate:

• Comprehensive solutions
• Turnkey systems
• Highly customizable options
• Industry-specific ERPs

The article also shows how different ERP modules can solve specific industry challenges. Think food and beverage regulatory compliance, inventory management for distributors, or complex supply chains in the automotive sector.

We’ve included real-world case studies, too. These show the concrete improvements businesses have seen after implementing or upgrading their ERP systems. It’s a great way to see the practical benefits across different industries.

Next Steps in Finding the Top ERP Solution

Choosing the right ERP system is complex, but our tools and resources are available to simplify the process.

“Best Fit” ERP Comparison Tool: This tool streamlines ERP selection by allowing comparisons based on key criteria such as industry suitability, company size, deployment options, and technology requirements. It generates a list of systems matching specific business needs and offers options to request complimentary demos and price quotes.

Personalized Selection Help: Our ERP experts offer tailored recommendations based on unique business requirements. We guide companies during the start of the selection and evaluation process, ensuring alignment with organizational goals and budget constraints.

By leveraging these resources, businesses can navigate the ERP selection process more effectively, ultimately finding a solution that best fits their needs and drives long-term success.

Frequently Asked Questions (FAQ)

When searching for top ERP systems, several common questions arise. Here are answers to five of the most critical questions to help guide your decision-making process:

What are the key features to look for in a top ERP solution?

Key features include comprehensive financial management, real-time data processing, scalability, industry-specific modules, strong integration capabilities, a user-friendly interface, and robust reporting and analytics tools.

How do the leading ERP systems compare in terms of pricing?

Pricing varies widely among top ERP systems. Some use per-user pricing, and others charge by module. Cloud-based systems often have lower upfront costs but ongoing subscription fees. On-premise solutions may have higher initial costs but lower long-term expenses. It’s crucial to consider the total cost of ownership over several years.

Which ERP systems are best for small to medium-sized businesses?

Several top ERP systems, including Oracle NetSuite, Microsoft Dynamics 365 Business Central, and Acumatica, are well-suited to SMBs. These systems offer scalability, cloud-based options, and comprehensive feature sets without the complexity of enterprise-level systems.

What are the top cloud-based ERP solutions in 2024?

Leading cloud-based ERP solutions in 2024 include Oracle NetSuite, Epicor Kinetic, Acumatica Cloud ERP, and Oracle Fusion Cloud. These systems offer flexibility, regular updates, and reduced IT infrastructure requirements.

How do industry-specific ERP systems differ from general ERP solutions?

Industry-specific ERP systems come pre-configured with features and workflows tailored to particular sectors, such as manufacturing or healthcare. They often include specialized modules, regulatory compliance tools, and industry best practices, potentially reducing customization needs and implementation time compared to general ERP solutions.