Best ERP Systems For Small Business
The best ERP systems for small business should be flexible, modular and adaptable. These tools allow you to streamline operations, improve productivity, and reduce costs. They also offer a competitive advantage. In addition, they can help you plan for your future needs. By using a software package that is customized to your business, you can avoid costly IT costs, save time, and minimize risks.
Many small businesses are still relying on old accounting and financial management solutions. However, ERPs are now available that are scalable, customizable, and cloud-based. With an ERP solution, you can gain access to business intelligence, break down silos, and improve the overall performance of your organization.
Types Of ERP Systems
Cloud-based ERPs are more accessible to smaller businesses, and are easier to implement. However, these systems are also more expensive. Some ERPs are offered as a la carte options, so you can choose the modules that work for your business. You can even have access to a free version before making a purchase.
Oracle NetSuite ERP is an ERP suite that caters to small, medium, and large organizations. It offers features such as an integrated digital document system, automated forecasting, and built-in business intelligence. Among the different modules, you can choose from inventory, finance, supply chain management, and human resources. Additionally, you can integrate other tools into your ERP. This means you’ll be able to create custom dashboards to track your business’ progress, analyze your data, and find new growth opportunities.
Some Criteria For Choosing ERP Systems
Aside from the modules mentioned above, you can also choose from an all-in-one solution, such as Kechie ERP, which combines CRM functions with inventory management and customer support. Or, you can opt for a less expensive ERP, such as Scoro, which allows you to connect your desktop applications and web-based tools. Each ERP solution comes with various pricing plans, but you can start with the Essential Plan, which is ideal for small teams.
The best ERP for small business is expected to be easy to implement and use, and it should be compatible with all members of your team. For example, you should look for an application that can be installed on iOS and Android. As more and more apps are downloaded on smartphones, you’ll want to make sure your ERP can accommodate all of your company’s needs.
You can also choose from various open-source ERPs. Many of these offer a low-cost, low-maintenance, and reliable option for your business. There are also limited versions that you can access before purchasing a license.
Another option for you is DELMIAWorks (formerly IQMS). It is a foundational ERP for small businesses that is built on a shared database. Designed for small companies, this system offers a single source of truth for data, eliminating the need for duplicate data entry. Plus, its Professional Services team can help you with any problems you might have with your ERP implementation. And, if you have no experience with ERP, the company’s project managers and subject matter experts can guide you throughout the process.
Also Read: Will 3D Printing Affect ERP Manufacturing Systems?