10 Best Enterprise Resource Planning Software in 2023

10 Best Enterprise Resource Planning Software in 2023 

Enterprise resource planning (ERP) software is an essential tool for companies of all sizes to operate and automates businesses’ daily workflow. An ERP system integrates various business processes such as accounting, inventory management, order management, and customer relationship management into a single software solution. This integration helps to improve efficiency, reduce errors, and increase productivity. For example, Amazon has gained a lot of benefits since using SAP as its ERP solution. By utilizing it, Amazon was able to reach its target audience on a large scale, manage its sales, retain customers, analyze profit margins, and make plans prior to ERP suggestions.

Now you get a basic understanding of ERP’s powerful benefits, right? However, with so many ERP software options available, it can be challenging to decide which one is the best fit for your business. In this article, we will review some of the best ERP software options available in the market.

1. NetSuite

NetSuite is an ERP software that was launched in 1998 by Evan Goldberg. In 2016, NetSuite was acquired by Oracle Corporation. NetSuite offers a comprehensive suite of applications that includes financials, inventory, order management, CRM, and e-commerce. NetSuite is designed for mid-sized businesses and enterprises, and it is cloud-based.

Highlight Features:

NetSuite offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of NetSuite include financial management, inventory management, order management, CRM, and e-commerce. NetSuite also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

• NetSuite is a cloud-based ERP solution, which means that it can be accessed from anywhere, at any time.
• NetSuite offers a range of features that are designed to help businesses manage their operations efficiently.
• NetSuite is highly scalable and can be used by both mid-sized businesses and enterprises.

Cons:

• NetSuite can be expensive compared to other ERP solutions.
• NetSuite can be difficult to customize.

Price:

NetSuite offers a range of pricing plans, with prices starting at $999 per month.

2. Microsoft Dynamics 365

Microsoft Dynamics 365 is an ERP software that was launched in 2016. Microsoft Dynamics 365 is designed to help businesses manage their operations efficiently. Microsoft Dynamics 365 is a cloud-based ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

Microsoft Dynamics 365 offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of Microsoft Dynamics 365 include financial management, inventory management, order management, and CRM. Microsoft Dynamics 365 also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

• Microsoft Dynamics 365 is a cloud-based ERP solution, which means that it can be accessed from anywhere, at any time.
• Microsoft Dynamics 365 offers a range of features that are designed to help businesses manage their operations efficiently.
• Microsoft Dynamics 365 is highly scalable and can be used by both mid-sized businesses and enterprises.

Cons:

• Microsoft Dynamics 365 can be expensive compared to other ERP solutions.
• Microsoft Dynamics 365 can be difficult to customize.

Price:

Microsoft Dynamics 365 offers a range of pricing plans, with prices starting at $40 per user per month.

3. Wrike

Wrike is an ERP software that was launched in 2006. Wrike is designed to help businesses manage their projects efficiently. Wrike is a cloud-based ERP solution that offers a range of applications, including project management, task management, and time tracking.

Highlight Features:

Wrike offers a range of features that are designed to help businesses manage their projects efficiently. Some of the key features of Wrike include project management, task management, and time tracking. Wrike also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their projects.

Pros:

• Wrike is a cloud-based ERP solution, which means that it can be accessed from anywhere, at any time.
• Wrike offers a user-friendly interface that is easy to navigate.
• Wrike offers real-time collaboration tools, making it easy for teams to work together on projects.

Cons:

• Wrike may not be as robust as some other ERP solutions when it comes to features related to financial management, inventory management, and order management.
• Wrike's pricing can be expensive for some businesses.

Price:

Wrike offers a range of pricing plans, with prices starting at $9.80 per user per month.

4. Monday.com

Monday.com is an ERP software that was launched in 2012. Monday.com is designed to help businesses manage their projects efficiently. Monday.com is a cloud-based ERP solution that offers a range of applications, including project management, task management, and team management.

Highlight Features:

Monday.com offers a range of features that are designed to help businesses manage their projects efficiently. Some of the key features of Monday.com include project management, task management, and team management. Monday.com also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their projects.

Pros:

• Monday.com is a cloud-based ERP solution, which means that it can be accessed from anywhere, at any time.
• Monday.com offers a user-friendly interface that is easy to navigate.
• Monday.com offers real-time collaboration tools, making it easy for teams to work together on projects.

Cons:

• Monday.com may not be as robust as some other ERP solutions when it comes to features related to financial management, inventory management, and order management.
• Monday.com's pricing can be expensive for some businesses.

Price:

Monday.com offers a range of pricing plans, with prices starting at $8 per user per month.

5. Odoo

Odoo is an ERP software that was launched in 2005. Odoo is designed to help businesses manage their operations efficiently. Odoo is a cloud-based ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

Odoo offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of Odoo include financial management, inventory management, order management, and CRM. Odoo also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

Odoo is a highly customizable ERP solution, which means that it can be tailored to meet the specific needs of a business.

Odoo offers a range of features that are designed to help businesses manage their operations efficiently.

Odoo is highly scalable and can be used by both mid-sized businesses and enterprises.

Cons:

Odoo can be difficult to set up and configure.

Odoo's user interface may not be as intuitive as some other ERP solutions.

Price:

Odoo offers a range of pricing plans, with prices starting at $12 per user per month.

6. SAP ERP

SAP ERP is an ERP software that was launched in 1972. SAP ERP is designed to help businesses manage their operations efficiently. SAP ERP is a cloud-based ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

SAP ERP offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of SAP ERP include financial management, inventory management, order management, and CRM. SAP ERP also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

SAP ERP is a highly scalable ERP solution, which means that it can be used by both mid-sized businesses and enterprises.

SAP ERP offers a range of features that are designed to help businesses manage their operations efficiently SAP ERP offers excellent integration with other SAP products, making it a great choice for businesses already using SAP software.

SAP ERP has a large community of developers and users, which means that businesses can easily find support and resources for the software.

Cons:

SAP ERP can be expensive, especially for small businesses.

SAP ERP can be complex to set up and use, which can be overwhelming for businesses without dedicated IT teams.

Price:

SAP ERP does not offer fixed pricing plans, and pricing is determined based on the needs of the business. Businesses interested in SAP ERP should contact SAP directly for pricing information.

7. Dolibarr

Dolibarr is an ERP software that was launched in 2003. Dolibarr is designed to help businesses manage their operations efficiently. Dolibarr is an open-source ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

Dolibarr offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of Dolibarr include financial management, inventory management, order management, and CRM. Dolibarr also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

Dolibarr is an open-source ERP solution, which means that businesses can customize the software to meet their specific needs.

Dolibarr offers a range of features that are designed to help businesses manage their operations efficiently.

Dolibarr is easy to set up and use, which makes it a great choice for small businesses.

Cons:

Dolibarr may not be as scalable as some other ERP solutions.

Dolibarr's user interface may not be as intuitive as some other ERP solutions.

Price:

Dolibarr is an open-source ERP solution, which means that it is free to use. However, businesses may need to pay for hosting and support services.

8. Metasfresh

Metasfresh is an ERP software that was launched in 2006. Metasfresh is designed to help businesses manage their operations efficiently. Metasfresh is an open-source ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

Metasfresh offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of Metasfresh include financial management, inventory management, order management, and CRM. Metasfresh also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

• Metasfresh is an open-source ERP solution, which means that businesses can customize the software to meet their specific needs.
• Metasfresh offers a range of features that are designed to help businesses manage their operations efficiently.
• Metasfresh is easy to set up and use, which makes it a great choice for small businesses.

Cons:

• Metasfresh may not be as scalable as some other ERP solutions.
• Metasfresh's user interface may not be as intuitive as some other ERP solutions.

Price:

Metasfresh is an open-source ERP solution, which means that it is free to use. However, businesses may need to pay for hosting and support services.

9. webERP

webERP is an ERP software that was launched in 2003. webERP is designed to help businesses manage their operations efficiently. webERP is an open-source ERP solution that offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

webERP offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of webERP include financial management, inventory management, order management, and CRM. webERP also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

• webERP is an open-source ERP solution, which means that businesses can customize the software to meet their specific needs.
• webERP is easy to set up and use, which makes it a great choice for small businesses.
• webERP offers a range of features that are designed to help businesses manage their operations efficiently.

Cons:

• webERP may not be as scalable as some other ERP solutions.
• webERP's user interface may not be as intuitive as some other ERP solutions.

Price:

webERP is an open-source ERP solution, which means that it is free to use. However, businesses may need to pay for hosting and support services.

10. VNEXT Global’s ERP

VNEXT Global’s ERP solution is designed to help businesses manage their operations efficiently. VNEXT Global provides an ERP system to help staff manage information flow, which increases the productivity of working and the effectiveness of strategies. VNEXT Global’s ERP solution offers a range of applications, including financials, inventory management, order management, and CRM.

Highlight Features:

VNEXT Global’s ERP solution offers a range of features that are designed to help businesses manage their operations efficiently. Some of the key features of VNEXT Global’s ERP solution include financial management, inventory management, order management, and CRM. VNEXT Global’s ERP solution also offers a range of reporting and analytics tools, making it easy for businesses to gain insights into their operations.

Pros:

• VNEXT Global’s ERP solution is easy to set up and use, which makes it a great choice for small businesses.
• VNEXT Global’s ERP solution offers a range of features that are designed to help businesses manage their operations efficiently.
• VNEXT Global’s ERP solution is customizable, which means that businesses can customize the software to meet their specific needs.

Cons:

• There is limited information available online about VNEXT Global’s ERP solution.
• Pricing information is not readily available online.

Price:

If businesses interested in VNEXT Global’s ERP solution should contact VNEXT Global directly for pricing information.

Final Thoughts:

When it comes to choosing the best enterprise resource planning software for your business, there are many factors to consider. The size of your business, the industry you operate in, and your specific needs and goals all play a role in determining which ERP solution is right for you.

The above suggestions are all great options for businesses looking for an ERP solution. Each of these solutions offers a range of features and benefits, as well as some drawbacks.

Ultimately, the best ERP solution for your business will depend on your specific needs and goals. It is important to carefully evaluate each ERP solution and consider factors such as cost, ease of use, scalability, and customization options before making a decision.

If you are looking for a trusted IT partner, VNEXT Global is the ideal choice. With 14+ years of experience, we surely can help you to optimize your business digitalization within a small budget and short time. Currently, we have 400+ IT consultants and developers in Mobile App, Web App, System Development, Blockchain Development and Testing Services. We have provided solutions to 600+ projects in several industries for clients worldwide. We are willing to become a companion on your way to success. Please tell us when is convenient for you to have an online meeting to discuss this further. Have a nice day!