The Ultimate Guide to Finding the Best ERP System for your Business: Industry Edition

In this article learn all you need to know, from what ERP system fits your industry to the pros and cons that system has to offer.

Table of Content

    Make this critical decision easier by discovering the best fit for your industry.

    Enterprise Resource Planning (ERP) systems are critical for businesses in today’s digital-first economy – helping to accelerate business performance and provide actionable insight. A strong ERP backbone is increasingly important for organizations that may be struggling to compete and stay profitable in fast-changing industries. In addition to adopting new business models and lines of revenue – they need to be able to pivot on a dime. Since cloud ERP software touches nearly every aspect of a company, it’s the fastest path to complete digital transformation and new, more advanced business capabilities.

    And there are a lot of options out there for businesses to choose from – the global cloud ERP market is expected to grow to USD 130.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period. Where do you start? There are several things you can do to make this process a lot easier, which we covered in a recent blog post. We’ve taken it one step further by breaking down comparisons for large and smaller enterprises, and by industry. We evaluated each ERP vendor based on the top 40-50 most critical business processes. Read on to learn more.

    Enterprise ERP

    An Enterprise ERP system is for mid- to large-size businesses that manages and integrates key business functions, including marketing, accounting, sales, costing, strategic planning, and the delivery of manufactured and service-based products. We’ve compared the top 14 Enterprise ERP solutions to give you a picture of the features/functionality of each.

    Enterprise ERP comparisonDownload for free  Enterprise ERP Comparison Chart

    Microsoft Dynamics 365 Finance and Supply Chain Management

    Formerly Microsoft Dynamics 365 Finance and Operations, Microsoft Dynamics 365 Finance and Supply Chain Management is for mid-to large- enterprises. If an organization doesn’t need Supply Chain Management, Dynamics 365 Finance can be deployed on its own, starting at $180 per user per month.

    Pros

    • For larger organizations with complex sets of operations, it’s a great fit.
    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Can be deployed in the cloud, on premises, or hybrid.
    • Microsoft Power Platform capabilities are unmatched.

    Cons

    • Can begin to get pricey if you need Finance, Supply Chain, CRM, Project Operations, and more.
    • HR management integration may be complex.

    Final Thoughts on Product

    If your business requires the following, Dynamics 365 Finance and Supply Chain Management is likely the product for you:

    • International inter-company trading
    • Financial compliance (Country localizations available)
    • Supply chain – functional differences involving:
      • Product and vendor management
      • Quality management
      • Intercompany stock transfers
      • Transportation management
    • Manufacturing – process or mixed-mode manufacturers require the advanced functionality

    Microsoft Dynamics 365 Business Central

    Business Central is a business management solution for small and mid-sized organizations that automates and streamlines business processes and helps you more effectively manage your business. Highly adaptable and rich with features, Business Central enables companies to boost productivity in finance, manufacturing, sales, shipping, project management, services, and more.

    Pros

    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Affordable.
    • Mobile app.
    • Available as cloud service and on-premises solution.
    • Warehouse management and reporting capabilities.

    Cons

    • Software integration available as an add-on.
    • No project accounting without separate module.

    Final Thoughts on Product

    Business Central is excellent for businesses of all sizes, with rich features and functionality. More complex Enterprises may want to look at Microsoft Dynamics 365 Finance and Supply Chain to see if more needs can be met without add-ons.

    Oracle Fusion Cloud

    Oracle Fusion Cloud ERP is a complete, modern, cloud ERP suite that provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Pros

    • Reliable platform.
    • Cloud-based.
    • Scalable.

    Cons

    • No keyboard shortcuts.
    • Visually unappealing.
    • Limitations in integrating with other software.
    • Pricey.

    Final Thoughts on Product

    Oracle Fusion Cloud is Oracle Cloud ERP performs very well for sales and inventory reconciliation for enterprises. It has strong project management modules. And the same goes for its data extraction capabilities, although it does not have many native connectors to other systems. Best for large enterprises with deep pockets.

    SAP S/4HANA

    SAP S/4HANA Cloud Public Edition is a ready-to-run cloud ERP that delivers the latest industry best practices and continuous innovation.

    Pros

    • Ranked high for security and financial management.
    • Machine learning capabilities.
    • Great for global organizations.

    Cons

    • Users rank customization and reporting and analytics lower than other features.
    • Lacking assembly management in Supply Chain Management.
    • Shopify integration requires additional software.
    • Lask Supply Chain Assembly Management.
    • Pricey.

    Final Thoughts on Product

    SAP S/4HANA is great for multinational companies needing global compliance and supply chain optimization. It’s much more expensive than a lot of other Enterprise solutions, which could be cost-prohibitive to some organizations.

    Infor

    Infor cloud ERP solutions deliver industry-specific capabilities without extensive customizations or integrations by combining the Infor cloud platform built on infrastructure services from Amazon Web Services (AWS) and Infor OS. By migrating critical business applications to the cloud, organizations experience automatic upgrades that deliver the latest advances in enterprise functionality.

    Pros

    • Accounting functionality.
    • Easy to understand job tracking process.
    • Cost calculations.

    Cons

    • Limited integration to Excel.
    • Difficult to navigate.
    • Inadequate financial statements.

    Final Thoughts on Product

    Infor ERP is primarily intended for small and midsized companies, but it can scale to cater to the needs of larger organizations.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.

    Final Thoughts on Product

    One of the best things about NetSuite is how well it works for so many different industries and company sizes.  Whether you’re a start- up with just a few employees or a large enterprise with thousands of users, NetSuite could make sense for you. NetSuite can be a great fit for many organizations but not all. Historically speaking, NetSuite has not aggressively poured R&D investments to support the following industries:

    • Public and Higher Education (though NetSuite is run in hundreds of college bookstores)
    • State & Local Governments
    • Traditional Banking & Insurance (though NetSuite is run in multiple lending organizations)
    • Architectural, Engineering and Construction (ARC)

    SAP Business One

    SAP Business One is an ERP system ideal for small to midsize businesses. It is sold only through SAP partner companies and offers both on-premises and cloud deployment options. Users have access to core accounting features such as journal entries, AP/AR, cash flow management, fixed asset management, bank reconciliation, and financial reporting and analysis. SAP Business One also includes a host of other ERP features including procurement, production planning, warehouse and inventory management, CRM and sales process management, and business intelligence tools. Vertical-specific features for manufacturing, retail, and wholesale distribution are available as well.

    Pros

    • Reporting.
    • Financials.
    • Search capabilities.

    Cons

    • May require third party add-ons depending on your needs.
    • Good support may be hard to come by.

    Final Thoughts on Product

    How easy SAP Business One is to set up and use will depend on the experience level of the customer and their staff. Those already familiar with this type of ERP system might not experience as great a learning curve as someone brand new to this type of software. The greater the learning curve for employees, the longer it may take to effectively implement.

    That said, there are some who feel that SAP Business One is slow and a little cumbersome; rather than having a learning curve, some complain that the system doesn’t always do what they want or there are issues with proper customization.

    Epicor

    Epicor ERP system is modular, industry-specific software used to manage business processes company-wide. Epicor software works well for managing accounting and finance, human resources, customers, the supply chain, inventory, distribution, and manufacturing production management. Epicor software is available on-premises and as SaaS cloud ERP (enterprise resource planning). Epicor offers Business Management Platforms as industry-specific ERP solutions.

    Pros

    • Embedded project management software in ERP.
    • Industry-specific software and knowledge.
    • Advanced MES (Mattec).

    Cons

    • Process flowcharts are not standard.
    • May be too complex for smaller small to midsize enterprises (SMEs).

    Final Thoughts on Product

    Epicor ERP is aimed at small and midsized businesses (SMBs), especially those specializing in manufacturing and distribution. It’s not overly easy to use, but it’s a good value.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Supports limited industries.
    • Can get expensive.
    • Lacks supply chain assembly management.

    Final Thoughts on Product

    Acumatica is a cloud-based enterprise resource planning (ERP) system for small and midsized to large businesses, especially those growing quickly. It provides flexible cloud hosting options of both public and private cloud to keep data secure and accessible. The cloud-based solution offers flexibility, mobility, security and ease of use while reducing IT costs and improving collaboration across the organization.

    IFS

    IFS ERP is a cloud ERP software solution developed by the Swedish company IFS AB. It is designed for businesses of all sizes in various industries, including manufacturing and construction. IFS supports organizations from small businesses to large enterprises.

    Pros

    • A leader for field service.
    • Consistent collaboration with customers through its advisory boards, events, and research.
    • Excels in contract and collaboration management.

    Cons

    • Can be expensive.
    • Complexity can be overwhelming to users.
    • Shopify integration requires third party, Alumnio.

    Final Thoughts on Product

    Used by companies worldwide to manufacture and distribute goods, build, and maintain assets, and manage service-focused operations. The software is designed to be industry-specific and is connected to a single data model, which allows for embedded digital innovation.

    Sage Intacct

    Sage Intacct is an ERP and accounting software solution. This robust software is specifically engineered to cater to businesses of all sizes across various industries, including technology, healthcare, hospitality, and non-profit. There are different versions of Sage Intacct to meet varying business needs, ranging from core accounting and financial management to contract management and revenue recognition.

    Pros

    • Thorough financial visibility.
    • Scalability.
    • Interoperability.

    Cons

    • Touted as mainly an accounting solution.
    • Pricey.
    • Customization Limitations.

    Final Thoughts on Product

    Startups and growing companies can rely on the software to drive business growth and improve efficiency. It automates processes effectively so you can administer day-to-day operations with more attention. It lets you act fast in facilitating changes with deep insights and flexibility. Hundreds of leading CPA firms and Value-Added Resellers also offer Intacct to their clients.

    Sage 300

    Sage 300 is a comprehensive enterprise resource planning (ERP) system that enables businesses to unify their operations and streamline processes. It provides enterprise-level features in an easy-to-use package for small and medium businesses. With Sage 300, you can manage your accounting, operations, and distribution processes. It also offers inventory management, sales order management, and integrated payments. Its current offering, Sage 300 began its life as Accpac software purchased by Sage from Computer Associates in 2004.

    Pros

    • Ease of use.
    • Mobile access from multiple operating systems using Google Chrome.
    • Easily changeable dashboard widgets.

    Cons

    • Not a lot of product depth.
    • Functionality and expansion modules limited.
    • Payroll and inventory unavailable.

    Final Thoughts on Product

    Sage 300 is a mid-range accounting and enterprise resource planning (ERP) software solution that is easy to use. But its functionality and expansion modules are limited, and it lags slightly behind the competition in drill-down and customization features.

    Workday

    Workday was established by former PeopleSoft executives to provide a specialized ERP solution to manage people-centric industries. Today, Workday has a strong line-up of on-demand financial management, human capital management, and student information system software solutions.

    Pros

    • Built for the cloud from the beginning.
    • Great for people-centric industries.
    • Flexible.

    Cons

    • Workday’s focus is on finance and HR software. For lines of business such as sales, marketing, customer service, or supply chain, you’ll need to connect Workday to systems from other providers.
    • Perceived to be behind on AI and Chatbots.
    • Doesn’t have a common process and data model.

    Final Thoughts on Product

    Workday is great for businesses with 250 to 1,000-plus employees that require workforce management tools (onboarding and training, scheduling and leave management), as well as HR analytics tools (pay management and performance evaluation and management).

    Certinia

    Formerly Financial Force, Certinia is built on SalesForce. It powers and connects all aspects of services operations, from services estimation and delivery to customer success management and financial planning and accounting. The company’s Professional Services Automation (PSA), Customer Success, and ERP solutions provide services businesses with the intelligence and agility to deliver high-quality services, elevate customer experiences, and accelerate growth.

    Pros

    • Great for Salesforce CRM users.
    • Supports Multicompany, multicurrency and intercompany well.
    • Time saving and productive tool.

    Cons

    • Customer service lacking.
    • Can exceed Salesforce data storage limits quickly.
    • Customization can conflict with core product.
    • Large transactional volume can cause system slowdown.

    Final Thoughts on Product

    Ideal for small and medium-sized enterprises who know and love SalesForce.

    Small and Midsize Businesses (SMB)

    A small and midsize business (SMB) is a business that, due to its size, has different IT requirements — and often faces different IT challenges — than do large enterprises, and whose IT resources (usually budget and staff) are often highly constrained.

    For example, Gartner defines SMBs by the number of employees and annual revenue they have. The attribute used most often is number of employees; small businesses are usually defined as organizations with fewer than 100 employees; midsize enterprises are those organizations with 100 to 999 employees.

    SMB ERP ComparisonDownload for free SMB ERP Comparison Chart

    Microsoft Dynamics 365 Business Central

    Business Central is a business management solution for small and mid-sized organizations that automates and streamlines business processes and helps you manage your business. Highly adaptable and rich with features, Business Central enables companies to manage their business, including finance, manufacturing, sales, shipping, project management, services, and more.

    Pros

    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Affordable.
    • Mobile app.
    • Available as cloud service and on-premises solution.
    • Warehouse management and reporting capabilities.

    Cons

    • Software integration available as an add-on.
    • No project accounting without an additional module.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization limited.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Supports limited industries.
    • Can get expensive.
    • Lacks supply chain assembly management, subcontract manufacturing, cross docking, service statistics, delivery service management, and Shopify integration.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.

    SAP Business One

    SAP Business One is an ERP system ideal for small to midsize businesses. It is sold only through SAP partner companies and offers both on-premises and cloud deployment options. Users have access to core accounting features such as journal entries, AP/AR, cash flow management, fixed asset management, bank reconciliation, and financial reporting and analysis. SAP Business One also includes a host of other ERP features including procurement, production planning, warehouse and inventory management, CRM and sales process management, and business intelligence tools. Vertical-specific features for manufacturing, retail, and wholesale distribution are available as well.

    Pros

    • Reporting.
    • Financials.
    • Search capabilities.

    Cons

    • May require third party add-ons depending on your needs.
    • Good support may be hard to come by.

    Epicor

    Epicor ERP system is modular, industry-specific software used to manage business processes company-wide. Epicor software works well for managing accounting and finance, human resources, customers, the supply chain, inventory, distribution, and manufacturing production management. Epicor software is

    available on-premises and as SaaS cloud ERP (enterprise resource planning). Epicor offers Business Management Platforms as industry-specific ERP solutions.

    Pros

    • Embedded project management software in ERP.
    • Industry-specific software and knowledge.
    • Advanced MES (Mattec).

    Cons

    • Process flowcharts are not standard.
    • May be too complex for smaller small to midsize enterprises (SMEs).

    Sage Intacct

    Sage Intacct is an ERP and accounting software solution. This robust software is specifically engineered to cater to businesses of all sizes across various industries, including technology, healthcare, hospitality, and non-profit. There are different versions of Sage Intacct to meet varying business needs, ranging from core accounting and financial management to contract management and revenue recognition.

    Pros

    • Thorough financial visibility.
    • Easy to understand job tracking process.
    • Cost calculations.

    Cons

    • Touted as mainly an accounting solution.
    • Difficult to navigate.
    • Customization Limitations.

    Infor

    Infor cloud ERP solutions deliver industry-specific capabilities without extensive customizations or integrations by combining the Infor cloud platform built on infrastructure services from Amazon Web Services (AWS) and Infor OS. By migrating critical business applications to the cloud, organizations experience automatic upgrades that deliver the latest advances in enterprise functionality.

    Pros

    • Accounting functionality.
    • Easy to understand job tracking process.
    • Cost calculations.

    Cons

    • Limited integration to Excel.
    • Difficult to navigate.
    • Inadequate financial statements.

    Manufacturing

    It can be difficult to determine which is the best ERP fit for manufacturers. To help you find the best manufacturing ERP, we evaluated nearly a dozen of the top systems based on specific features/functionality.

    Manufacturing ERP ComparisonDownload for free Manufacturing ERP Comparison Chart

    IFS Cloud

    IFS ERP is a cloud ERP software solution developed by the Swedish company IFS AB. It is designed for businesses of all sizes in various industries, including manufacturing and construction. IFS supports organizations from small businesses to large enterprises.

    Pros

    • A leader for field service.
    • Consistent collaboration with customers through its advisory boards, events, and research.
    • Excels in contract and collaboration management.

    Cons

    • Can be expensive.
    • Complexity can be overwhelming to users.
    • Shopify integration requires third party, Alumnio.
    • Doesn’t have subcontract manufacturing, cross dock items or consolidation of data sources.

    SAP Business One

    SAP Business One is an ERP system ideal for small to midsize businesses. It is sold only through SAP partner companies and offers both on-premises and cloud deployment options. Users have access to core accounting features such as journal entries, AP/AR, cash flow management, fixed asset management, bank reconciliation, and financial reporting and analysis. SAP Business One also includes a host of other ERP features including procurement, production planning, warehouse and inventory management, CRM and sales process management, and business intelligence tools. Vertical-specific features for manufacturing, retail, and wholesale distribution are available as well.

    Pros

    • Reporting.
    • Financials.
    • Search capabilities.

    Cons

    • May require third party add-ons depending on your needs.
    • Good support may be hard to come by.
    • Can’t combine shipments on a single invoice.

    Microsoft Dynamics 365 Business Central

    Business Central is a business management solution for small and mid-sized organizations that automates and streamlines business processes and helps you manage your business. Highly adaptable and rich with features, Business Central enables companies to manage their business, including finance, manufacturing, sales, shipping, project management, services, and more.

    Pros

    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Affordable.
    • Mobile app.
    • Available as cloud service and on-premises solution.
    • Warehouse management and reporting capabilities.

    Cons

    • Software integration available as an add-on.
    • No project accounting without an additional module.

    Infor

    Infor cloud ERP solutions deliver industry-specific capabilities without extensive customizations or integrations by combining the Infor cloud platform built on infrastructure services from Amazon Web Services (AWS) and Infor OS. By migrating critical business applications to the cloud, organizations experience automatic upgrades that deliver the latest advances in enterprise functionality.

    Pros

    • Accounting functionality.
    • Easy to understand job tracking process.
    • Cost calculations.

    Cons

    • Limited integration to Excel.
    • Difficult to navigate.
    • Inadequate financial statements.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.

    Odoo

    Great for small businesses, Odoo is a Belgian suite of business management software tools including, for example, CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

    Pros

    • Integrates various business functions into one accessible platform, eliminating the chaos of disjointed systems.
    • Uses an open-source development model, fostering continuous innovation and adaptability to unique business needs.
    • Offers a vast selection of applications, providing flexibility to choose the components that align with specific operational requirements.

    Cons

    • Its free plan only allows one app.
    • An annual plan discount is only valid for your first 12 months.
    • Pricing doesn’t automatically change as you gain or lose users/employees.

    Syspro

    SYSPRO ERP software supports businesses across various manufacturing types. Manufacturers in the 21st century need maximum agility and responsiveness to market demand. So, it makes sense to choose business ERP software solutions that are flexible enough to support whatever production mode works best in your operations.

    Pros

    • Excellent capabilities for production, distribution, warehousing, and retail businesses.
    • Uses Syspro’s own Point of Sale and Demand/Forecasting engines.
    • Comprehensive but very easy to use.

    Cons

    • Does not have payroll or human resources (HR) modules.
    • May be overwhelming for some smaller businesses.
    • Lacks online store with Shopify.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization limited.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Supports limited industries.
    • Can get expensive.
    • Lacks supply chain assembly management, subcontract manufacturing, cross docking, service statistics, delivery service management, and Shopify integration.

    Sage 300

    Sage 300 is a comprehensive enterprise resource planning (ERP) system that enables businesses to unify their operations and streamline processes. It provides enterprise-level features in an easy-to-use package for small and medium businesses. With Sage 300, you can manage your accounting, operations, and distribution processes. It also offers inventory management, sales order management, and integrated payments. Its current offering, Sage 300 began its life as Accpac software purchased by Sage from Computer Associates in 2004.

    Pros

    • Ease of use.
    • Mobile access from multiple operating systems using Google Chrome.
    • Easily changeable dashboard widgets.

    Cons

    • Not a lot of product depth.
    • Functionality and expansion modules limited.
    • Payroll and inventory unavailable.
    • Lacks service statistics, delivery service management, and Shopify integration.

    Epicor

    Epicor ERP system is modular, industry-specific software used to manage business processes company-wide. Epicor software works well for managing accounting and finance, human resources, customers, the supply chain, inventory, distribution, and manufacturing production management. Epicor software is available on-premises and as SaaS cloud ERP (enterprise resource planning). Epicor offers Business Management Platforms as industry-specific ERP solutions.

    Pros

    • Embedded project management software in ERP.
    • Industry-specific software and knowledge.
    • Advanced MES (Mattec).

    Cons

    • Process flowcharts are not standard.
    • May be too complex for smaller small to midsize enterprises (SMEs).
    • Lacks Service Statistics and Shopify integration.

    Aptean

    Aptean is an enterprise resource planning (ERP) system that offers a range of solutions for businesses. Aptean Intuitive ERP is software for small to mid-sized manufacturers in aviation, electronics, and medical devices. It delivers key features like product configuration and component serial number traceability. Intuitive ERP offers a customizable user interface, advanced search capabilities, and reporting wizards.

    Pros

    • Aptean ERP is highly customizable and can be tailored to meet the specific needs of a business.
    • The system is user-friendly and easy to navigate.
    • Aptean ERP offers a range of features such as financial management, supply chain management, and customer relationship management.
    • The system is scalable and can grow with the business.

    Cons

    • The implementation process can be time-consuming and complex.
    • The system can be expensive, especially for small businesses.
    • Customer support can be slow to respond.
    • Does not offer Service Statistics module or Shopify integration.

    Distribution

    Not all distribution ERP systems are the same. By bringing business processes together into one comprehensive service, apps which are purpose-built for distributors enable seamless access across functions such as finance, sales, customer service, and supply chain operations. Important data at your fingertips enables greater productivity and profitability.

    Distribution ERP ComparisonDownload for free Distribution ERP Comparison Chart

    Microsoft Dynamics 365 Supply Chain Management

    Dynamics 365 Supply Chain Management empowers employees and organizations with the ability to obtain a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics that turn data into insights to support better strategic decisions. It is integrated with Copilot AI for predictive insights and intelligence.

    Pros

    • Synchronizing logistics across sites, warehouses, and transportation modes.
    • Reducing procurement costs and gaining greater control by automating procure-to-pay processes.
    • Integration with 3rd party solutions and seamless Microsoft integration.

    Cons

    • Analytics can be better.
    • Can have more features for large enterprises.

    Oracle Fusion Cloud

    Oracle Fusion Cloud ERP is a complete, modern, cloud ERP suite that provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Pros

    • Reliable platform.
    • Cloud-based.
    • Scalable.

    Cons

    • No keyboard shortcuts.
    • Visually unappealing.
    • Limitations in integrating with other software.
    • Pricey.
    • Limited functionality for Asset Management Controlling and Reporting, manufacturing accounting, inventory forecasting, freight reconciliation, and landed cost inquiries, reports, and estimations.

    Infor

    Infor cloud ERP solutions deliver industry-specific capabilities without extensive customizations or integrations by combining the Infor cloud platform built on infrastructure services from Amazon Web Services (AWS) and Infor OS. By migrating critical business applications to the cloud, organizations experience automatic upgrades that deliver the latest advances in enterprise functionality.

    Pros

    • Accounting functionality.
    • Easy to understand job tracking process.
    • Cost calculations.

    Cons

    • Limited integration to Excel.
    • Difficult to navigate.
    • Inadequate financial statements.

    IFS

    IFS ERP is a cloud ERP software solution developed by the Swedish company IFS AB. It is designed for businesses of all sizes in various industries, including manufacturing and construction. IFS supports organizations from small businesses to large enterprises.

    Pros

    • A leader for field service.
    • Consistent collaboration with customers through its advisory boards, events, and research.
    • Excels in contract and collaboration management.

    Cons

    • Can be expensive.
    • Complexity can be overwhelming to users.
    • Shopify integration requires third party, Alumnio.
    • Lacking functionality for asset management consumption and mobile app, manufacturing accounting, global inventory accounting, purchasing policies, and landed cost inquiries, reports, and estimations.

    SAP S/4HANA

    SAP S/4HANA Cloud Public Edition is a ready-to-run cloud ERP that delivers the latest industry best practices and continuous innovation.

    Pros

    • Ranked high for security and financial management.
    • Machine learning capabilities.
    • Great for global organizations.

    Cons

    • Users rank customization and reporting and analytics lower than other features.
    • Lacking assembly management in Supply Chain Management, purchasing policies, and Marketing.
    • Shopify integration requires additional software.
    • Lask Supply Chain Assembly Management.
    • Pricey.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-

    market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Supports limited industries.
    • Can get expensive.
    • Lacks supply chain assembly management, asset management consumption, global inventory accounting, sensor data and IoT intelligence, and ability to process over/under transactions for landed cost management.

    Odoo

    Great for small businesses, Odoo is a Belgian suite of business management software tools including, for example, CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

    Pros

    • Integrates various business functions into one accessible platform, eliminating the chaos of disjointed systems.
    • Uses an open-source development model, fostering continuous innovation and adaptability to unique business needs.
    • Offers a vast selection of applications, providing flexibility to choose the components that align with specific operational requirements.

    Cons

    • Its free plan only allows one app.
    • An annual plan discount is only valid for your first 12 months.
    • Pricing doesn’t automatically change as you gain or lose users/employees.
    • Lacks global inventory accounting feature, and processing over/under transactions in landed cost management.

    Epicor

    Epicor ERP system is modular, industry-specific software used to manage business processes company-wide. Epicor software works well for managing accounting and finance, human resources, customers, the supply chain, inventory, distribution, and manufacturing production management. Epicor software is available on-premises and as SaaS cloud ERP (enterprise resource planning). Epicor offers Business Management Platforms as industry-specific ERP solutions.

    Pros

    • Embedded project management software in ERP.
    • Industry-specific software and knowledge.
    • Advanced MES (Mattec).

    Cons

    • Process flowcharts are not standard.
    • May be too complex for smaller small to midsize enterprises (SMEs).
    • Lacks purchasing policies in procurement and sourcing, and the ability to process over/under transactions in landed cost management.

    Aptean

    Aptean is an enterprise resource planning (ERP) system that offers a range of solutions for businesses. Aptean Intuitive ERP is software for small to mid-sized manufacturers in aviation, electronics, and medical devices. It delivers key features like product configuration and component serial number traceability. Intuitive ERP offers a customizable user interface, advanced search capabilities, and reporting wizards.

    Pros

    • Aptean ERP is highly customizable and can be tailored to meet the specific needs of a business.
    • The system is user-friendly and easy to navigate.
    • Aptean ERP offers a range of features such as financial management, supply chain management, and customer relationship management.
    • The system is scalable and can grow with the business.

    Cons

    • The implementation process can be time-consuming and complex.
    • The system can be expensive, especially for small businesses.
    • Customer support can be slow to respond.
    • Does not offer consumption and controlling and reporting within asset management, global inventory accounting, pricing attributes and components, or procurement catalogs.

    Field Service

    The field service industry faces several challenges that can be addressed with the right strategies and ERP solution. Some of the most pressing pain points in the industry include skilled technician shortages, managing complex contracts, balancing customer expectations and operational efficiency, and ensuring compliance.

    Field Service ERP Comparison ChartDownload for free Field Service ERP Comparison Chart

    Salesforce

    Salesforce Field Service automates field operations, including mobile inventory management, vehicle tracking, scheduling, customer portals, and more. Service Cloud allows organizations to automate processes, streamline workflows, and deploy the right agent at the right time.

    Pros

    • Intuitive and customizable, with excellent reporting tools and seamless integration with other Salesforce products.
    • Offers a wide range of features such as scheduling, dispatching, and mobile access.
    • Highly scalable and can be used by businesses of all sizes.

    Cons

    • Cost can be prohibitive for smaller businesses or those on a tight budget.
    • Can be complex and may require a significant amount of training to use effectively.
    • Lacks field service functionality including 3d asset models, contract management, applying calendar to bookable resources, travel charges, resource skill matching, booking maps, geofencing, real time communication with customers, technician schedule access, RMA and return to vendor, asset management and more.

    Microsoft Dynamics 365 Field Service

    Dynamics 365 Field Service is an industry-leading field service management application that allows companies to transform their service operations by connecting people, places, and things to deliver customer-centric experiences. It includes capabilities such as work order management, resource scheduling, and asset management. Dynamics 365 Field Service allows organizations to move from paper-based reactive service to deliver proactive and predictive world-class service, empowering digital transformation and allowing innovative business models such as outcome-based service.

    Pros

    • Technician management.
    • Optimized shifts.
    • Centralized scheduling.
    • Easy integration and native integration with Microsoft tools.
    • The only solution with 3D asset models and customer versus company owned assets tracking.

    Cons

    • Can be costly.
    • Training required.

    FieldEdge

    FieldEdge is a field service management software that helps businesses coordinate the tasks and steps involved in running a successful field service business. It offers a wide range of features and a high price point that can be prohibitive for small or medium-scale field service businesses.

    Pros

    • Quality service management software.
    • Great dispatching and billing software.
    • Create estimates and invoices on mobile app.
    • QuickBooks Platinum Partner.
    • Real-time dispatching and financials.

    Cons

    • Not user-friendly.
    • Multiple downtimes.
    • Issues with QuickBooks integration.
    • Ineffective customer support.
    • Does not offer an open API.
    • Difficult to navigate due to dense feature set.
    • Lacking some field service features/functionality including calendar, time off requests, offline data, barcoding, and more.

    ServiceTitan

    ServiceTitan is a home service management software and mobile app that provides technicians with the tools needed to provide efficient services and improve sales. The platform offers a wide variety of integrated features, including job booking, quote management, scheduling and dispatching, and a mobile application. It also provides real-time dashboard analytics, offering an insightful overview of business performance, and supports online booking directly from the company’s website or through Google Local Services.

    Pros

    • Has a mobile app for field services.
    • Offers a wide variety of integrated features.
    • Provides straightforward customer communication.

    Cons

    • Customization options are limited.
    • Lacks some features in the areas of: Resource Management, mobile app, and reporting.

    Service Fusion

    Service Fusion is a field service software solution that makes it easy for small organizations to manage customer accounts, create accurate estimates, dispatch technicians, and send invoices. It offers online and desktop QuickBooks integration, and optional GPS fleet tracking.

    Pros

    • User-friendly interface that requires minimal training.
    • Robust features.
    • Seamless integration with popular tools and software.
    • Excellent customer support and regular updates based on user feedback.
    • Offers contactless eSign for service agreements.

    Cons

    • Can only sync to one income account in QuickBooks.
    • Customization options for reports are limited.
    • Multiple users have reported issues with support.
    • Lacking advanced features in resource management, scheduling, and mobile app.

    ServiceWorks

    ServiceWorks is a computerized maintenance management system (CMMS) that helps businesses manage their maintenance operations. According to Software Advice, ServiceWorks has an overall rating of 3.8 out of 5 based on 62 reviews.

    Pros

    • The software is inexpensive.
    • The tool has many great features.
    • The software is easy to use.
    • The software integrates well with other tools.

    Cons

    • Some features do not work as advertised.
    • There are constant major changes that are not communicated.
    • The software has repeat failures almost every week.
    • Some features are lacking in customer management, resource management, scheduling, mobile app, and reports.

    ServiceMax

    ServiceMax is a field service management software that maximizes the lifecycle and value of critical assets and machines. It provides a complete view of assets to field service teams, enabling them to optimize service operations by better managing the complexities of service, support faster growth, and run more profitable, outcome-centric businesses.

    Pros

    • Powerful for field service engineers.
    • Tons of flexibility.
    • Mobile app saves time.
    • Work orders are easy to manage.

    Cons

    • Standard support package has limited hours.
    • Frequent upgrades.
    • Lacking the ability to configure customer assets, equipment and resource service assignments, barcode scanning and more.

    Oracle NetSuite

    Oracle NetSuite Field Service Management is an end-to-end solution that can help increase productivity, operational efficiency, and customer satisfaction while reducing administrative effort and costs. However, it is important to note that NetSuite does not offer a dedicated FSM solution. Instead, it provides several features that can be adapted around the needs of any field service company.

    Pros

    • Real-time job and technician status lets you easily make job assignments that maximize resource allocation.
    • Combining inventory management, preventive maintenance, and customer asset management, NetSuite Field Service Management delivers an end-to-end solution to improve field-to-office communications, build customer satisfaction and loyalty, reduce administrative effort, maximize profits, and drive business growth.
    • NetSuite Field Service Management can help automate key processes like auto-populating work order forms, providing status updates to customers, dispatching, monitoring assets, and scheduling routine maintenance of essential machinery.

    Cons

    • NetSuite does not offer a dedicated FSM solution.
    • The features are spread across many separate modules.
    • Lacking some resource management, scheduling, and mobile app features specific to field service management.

    Professional Services

    Professional services organizations operate in a wide range of industries, but they all share one common bond: they provide knowledge-based services to their clients. They include law firms that provide legal expertise, marketing agencies that develop and implement campaigns, and human resources consulting firms that provide HR support to other companies.

    Like many industry sectors, professional services firms have been through some fluctuations over the last few years. The global pandemic, persistent labor shortage, high inflation rates, and rising business costs have all put new challenges and opportunities in front of these service-focused organizations.

    Professional Services ERP ComparisonDownload for free Professional Service ERP Comparison Chart

    Sage Intacct

    Sage Intacct is an ERP and accounting software solution. This robust software is specifically engineered to cater to businesses of all sizes across various industries, including technology, healthcare, hospitality, and non-profit. There are different versions of Sage Intacct to meet varying business needs, ranging from core accounting and financial management to contract management and revenue recognition.

    Pros

    • Thorough Financial Visibility.
    • Scalability.
    • Interoperability.

    Cons

    • Touted mainly as an accounting solution.
    • Pricey.
    • Customization Limitations.
    • Missing workload distribution and error management.

    Progressus

    Progressus is a project-based business solution built on Dynamics 365 Business Central. Progressus is designed to guide businesses from the initial stages to project completion, facilitating resource efficiency and simplifying the technological experience.

    Pros

    • Scalable solution that can work for small, mid-sized, and large-scale enterprises.
    • Enhances Dynamics 365 Business Central by adding features tailored for project-based operations, ensuring every project is profitable.
    • Offers essential functionalities for project-based businesses right out of the box.

    Cons

    • Progressus is not a standalone solution and requires Dynamics 365 Business Central.
    • Missing error management in allocation management.

    Workday

    Workday Professional Services Automation is a cloud-based platform that provides an all-encompassing solution for resource allocation, revenue tracking, and project portfolio health indicators. The platform is known for its user-friendly interface and customization capabilities, which allow businesses to tailor the platform to their specific needs and preferences.

    Pros

    • User-friendly interface.
    • Customizable options.
    • Easy and powerful reporting.
    • Multiple workflow approval.
    • Excellent tools for easy project planning.

    Cons

    • Risk of cyber-attacks.
    • Outdated interface in certain areas.
    • Search function leaves some to be desired.
    • Missing a project wizard and prioritizing tasks in allocation management.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.
    • Missing a project wizard.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization limited.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Supports limited industries.
    • Can get expensive.

    Odoo

    Great for small businesses, Odoo is a Belgian suite of business management software tools including, for example, CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

    Pros

    • Integrates various business functions into one accessible platform, eliminating the chaos of disjointed systems.
    • Uses an open-source development model, fostering continuous innovation and adaptability to unique business needs.
    • Offers a vast selection of applications, providing flexibility to choose the components that align with specific operational requirements.

    Cons

    • Its free plan only allows one app.
    • An annual plan discount is only valid for your first 12 months.
    • Pricing doesn’t automatically change as you gain or lose users/employees.

    Certinia

    Formerly Financial Force, Certinia is built on SalesForce. It powers and connects all aspects of services operations, from services estimation and delivery to customer success management and financial planning and accounting. The company’s Professional Services Automation (PSA), Customer Success, and ERP solutions provide services businesses with the intelligence and agility to deliver high-quality services, elevate customer experiences, and accelerate growth.

    Pros

    • Great for Salesforce CRM users.
    • Supports Multicompany, multicurrency and intercompany well.
    • Time saving and productive tool.

    Cons

    • Customer service lacking.
    • Can exceed Salesforce data storage limits quickly.
    • Customization can conflict with core product.
    • Large transactional volume can cause system slowdown.
    • Lacking professional services features in resource utilization and mobile time and expense.

    IFS

    IFS ERP is a cloud ERP software solution developed by the Swedish company IFS AB. It is designed for businesses of all sizes in various industries, including manufacturing and construction. IFS supports organizations from small businesses to large enterprises.

    Pros

    • A leader for field service.
    • Consistent collaboration with customers through its advisory boards, events, and research.
    • Excels in contract and collaboration management.

    Cons

    • Can be expensive.
    • Complexity can be overwhelming to users.
    • Lacking professional services features such as a project wizard, fixed price for time and materials billing, resource utilization, mobile time and expense, and flexible allocation methods.

    Deltek

    Deltek Vision is an enterprise resource planning (ERP) software for project-based companies. It is versatile software that addresses various business needs, making it a valuable tool for organizations of all sizes. According to TrustRadius, Deltek Vision has a score of 6.5 out of 10 based on 58 reviews and ratings.

    Pros

    • Users can create personalized grids, fields, and info centers.
    • Creating scheduled and user-initiated workflows.
    • Weekly scheduled reports.
    • Detailed expense reports.
    • Journal entries and receipts can be uploaded without any barriers.
    • Project management.

    Cons

    • The learning curve can be steep.
    • Security – in a timeframe where ransomware is everywhere – additional security measures are essential.
    • Reporting across info centers is available yet minimal.

    Microsoft Dynamics 365 Project Operations

    Microsoft Dynamics 365 Project Operations is a comprehensive application that connects sales, resourcing, project management, and finance teams in a single platform to win more deals, accelerate project delivery, and maximize profitability.

    Pros

    • Increased visibility: Leaders can gain business insights to increase visibility across all teams, data, and processes, plus AI capabilities for better and faster business decisions.
    • Optimized resource use: Resourcing is set up to optimize resource use by aligning the right people, with the right skills, to the right projects. This alignment improves quality and helps to retain top performers.
    • Accelerated project delivery: Project managers can accelerate project delivery with state-of-the-art, built-in project management that uses familiar, easy-to-use Microsoft Project capabilities.
    • Improved productivity: Team members can improve productivity, collaboration, and visibility with integration to Microsoft Teams, and submit time and expenses from anywhere.
    • Streamlined workflows: By integrating key features from Microsoft Dynamics 365 Sales, Customer Service, and Finance, it streamlines workflows and enhances customer service.

    Cons

    • Lack of automation: Dynamics 365 is robust, but it doesn’t come with an abundance of ready-made automation for every process. Depending on your business needs, you might find yourself investing additional time and resources to set up specific automated workflows.

    Nonprofit

    Many nonprofits rely on outdated, highly customized legacy systems that only a few users know how to operate. This places a massive burden on the rest of the team, hindering their ability to access reliable data and make important decisions.

    Nonprofit software must be intuitive, user-friendly, and accessible to everyone on the team. Increasingly, nonprofit directors are investing in cloud-based ERP systems and other modern enterprise systems. Platforms like these allow organizations to automate and streamline their back-office operations so they can focus on their public-facing duties.

    Non-Profit ERP ComparisonDownload for free Non-Profit ERP Comparison Chart

    Blackbaud

    Blackbaud CRM is designed for large, complex organizations as well as federated and international nonprofits. It is used to house data on all donors and constituents, track information such as giving history, and more.

    Pros

    • Works well with large member bases and outreach efforts.
    • Offers great CRM fundraising features for in-depth marketing campaigns.
    • Can be utilized and integrated alongside other Blackbaud products.

    Cons

    • Not the most user-friendly product in the marketplace
    • Limited in some functionality including intercompany, multi-company, purchasing and HR.

    Deltek

    Deltek Vantagepoint helps nonprofits proactively manage project risks with alerts to inform project managers of potential schedule and cost overruns before it’s too late and make adjustments to keep the projects on track.

    Pros

    • Highly configurable and customizable.
    • Excellent integration with other systems.
    • Easy to use and navigate.

    Cons

    • Reporting feature can be difficult to manage.
    • The system takes a long time to learn and is difficult to navigate.
    • Limited functionality for analytical accounting and grant management.

    Multiview

    Multiview Financial Software offers a highly scalable cloud ERP software solution that provides nonprofit organizations with real-time access to actionable data. The software is designed to support all areas of your nonprofit, NGO, charity, or foundation, from budgeting and forecasting to project and payroll management. You can also experience robust reporting across each function. The software’s reporting environment, Viewsource 360, is a powerful data and reporting engine that serves as a repository for a single source of truth across all your nonprofit’s information.

    Pros

    • User-friendly interface.
    • Customizable.
    • Good customer service.
    • Comprehensive implementation help.
    • Affordable.

    Cons

    • Reporting feedback.
    • Not user-friendly.
    • Learning curve is steep.
    • Lacking some financial management features.

    Unit4

    Unit4’s ERP platform is purpose-built for nonprofit organizations and helps to modernize and maintain mission focus, maximize available funding, and improve trust, compliance, and accountability. Their FP&A solution helps organizations maximize available funding, build greater trust and accountability, and support making more impactful decisions.

    Unit4’s software solutions provide capabilities such as donor management, fund management, grant management, and organizational and operational planning. They also offer a suite of people-focused enterprise solutions for the nonprofit sector, including human capital management, financial planning and analysis, and source-to-contract management.

    Pros

    • Versatile.
    • Ease of use.
    • Straightforward reporting.

    Cons

    • No free trial.
    • Time consuming to implement.
    • Missing intercompany and inventory costing.

    Oracle NetSuite

    Oracle NetSuite for Nonprofits is a cloud-hosted solution designed to help non-profit organizations manage all their processes. It combines innovative business solutions and powerful financial management features to help address the needs of users in the realms of fund and grant accounting, inventory management, eCommerce, CRM, and more.

    Pros

    • Versatile.
    • Customizable features.
    • Easily integrates with other tools.

    Cons

    • No free trial.
    • Can be overwhelming.
    • Must schedule a consult for pricing.

    Sage Intacct

    Sage Intacct is a cloud-based financial management software. It is designed to help businesses automate financial processes, such as accounting, revenue recognition, purchasing, and financial reporting. Sage Intacct is geared towards small and medium-sized businesses, serving many non-profits, charities, and NGOs, and it is known for its scalability and flexibility. It can be integrated with other software and systems, and it can be accessed from any device with an internet connection.

    Pros

    • Robust and user-friendly.
    • Sage Intacct’s Grants Management module can help not-for-profit organizations streamline their grant management processes and improve their financial reporting and compliance.
    • Sage Intacct’s Finance module can help not-for-profit organizations improve their financial management and reporting capabilities.
    • Free trial.

    Cons

    • Very easy to make costly mistakes because of a lack of fail-safes.
    • Can be difficult to rectify errors.
    • Error codes don’t explain if your selected budget is maxed out or where the issue in the form is.

    Workday

    To meet your unique demands as a nonprofit organization, you need a proven pathway to the cloud. With Workday, you benefit from the support you need to adapt, innovate, and scale—all while fast-tracking your move to the cloud.

    Pros

    • Intuitive user interface.
    • Seamless connection to third-party applications.
    • Industry-specific solutions.

    Cons

    • No free version.
    • No online pricing available.
    • Overwhelming number of available features for small nonprofits.

    Financial Services

    Today’s financial services industry is dynamic and competitive, and your supporting software needs to be able to accommodate rapid change and growth. That’s why having an end-to-end business management solution, like an ERP, is so important.

    A full-scale solution ensures that all the right people have the financial metrics they need to make sound financial decisions. You’ll have increased customer satisfaction by ensuring that everyone has the information they need to respond to inquiries and resolve any complaints or disputes effectively and quickly.

    Key for the industry, financial management software will boost your revenue by ensuring that all sales opportunities are captured, followed up on, and converted while also ensuring that the best possible prices are negotiated with your suppliers and relationships are optimally managed.

    Financial Services Comparison GraphicDownload for free Financial Services ERP Comparison Chart

    Microsoft Dynamics 365 Business Central

    Voted best overall by Forbes for financial services, Microsoft Dynamics 365 Business Central is a business management solution for small and mid-sized organizations that automates and streamlines business processes and helps you more effectively manage your business. Highly adaptable and rich with features, Business Central enables companies to boost productivity in finance, manufacturing, sales, shipping, project management, services, and more.

    Pros

    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Afforable.
    • Mobile app.
    • Available as cloud service and on-premises solution.
    • Warehouse management and reporting capabilities.

    Cons

    • Software integration available as an add-on.
    • No project accounting without separate module.

    Microsoft Dynamics 365 Finance

    Microsoft Dynamics 365 Finance enables organizations to monitor global financial operations in real time, predict outcomes, and make data-driven decisions to drive business agility and growth. Dynamics 365 Finance provides deep data and process integrations across Dynamics 365, Office 365, and partner applications to offer a centralized source of financial information that saves time, facilitates cross-org collaboration, and enables faster, better-informed decisions. It empowers users to do business anywhere, anytime, with an intuitive user interface personalized for their role and preferences.

    Pros

    • For larger organizations with complex sets of operations, it’s a great fit.
    • Familiar Microsoft look and feel with integration to Microsoft 365.
    • Can be deployed in the cloud, on premises, or hybrid.
    • Microsoft Power Platform capabilities are unmatched.

    Cons

    • Can begin to get pricey if you need Finance, Supply Chain, CRM, Project Operations, and more.
    • HR management integration may be complex.

    Aptean

    Aptean is an enterprise resource planning (ERP) system that offers a range of solutions for businesses. Aptean Intuitive ERP offers a customizable user interface, advanced search capabilities, and reporting wizards.

    Pros

    • Aptean ERP is highly customizable and can be tailored to meet the specific needs of a business.
    • The system is user-friendly and easy to navigate.
    • Aptean ERP offers a range of features such as financial management, supply chain management, and customer relationship management.
    • The system is scalable and can grow with the business.

    Cons

    • The implementation process can be time-consuming and complex.
    • The system can be expensive, especially for small businesses.
    • Customer support can be slow to respond.
    • Does not offer multicompany or analytical accounting.

    Multiview

    Multiview offers financial accounting solutions to businesses of all sizes across North America. Their software is designed to provide real-time, actionable data to finance departments, and is available as a fully managed cloud application. Multiview’s financial services ERP software can benefit various financial services entities such as real estate investment trust firms, asset management firms, wealth management firms, venture capital firms, private equity firms, and banks.

    Pros

    • Highly customizable to specific business need.
    • The inclusion and centralization of all the different segments of purchasing and payment makes your calculations even more accurate.
    • Provides real-time access to financial data and the ability to generate comprehensive financial reports instantly.

    Cons

    • Report building is very difficult and time-consuming.
    • No built-in cash flow report makes cash flow a tedious process each month.
    • Lack of communication over some of the solutions to the problems.
    • Lacking cash flow management, multi-company, multicurrency, and more.

    Certinia (formerly FinancialForce)

    Certinia is built on the Salesforce platform and revolutionizes enterprise resource planning with a comprehensive suite that integrates project management, professional services automation (PSA), and general ledger functionalities. This single platform is designed for service businesses, particularly those that rely on metrics and KPIs to drive customer success management, ensuring that service teams operate with efficiency and profitability. By offering intuitive dashboards and the ability to configure detailed reports, Certinia addresses common challenges in procurement, resource management, and end-to-end visibility, crucial for firms that reference Certinia reviews and commit to SaaS solutions.

    Pros

    • Robust Automation: Certinia reduces repetitive tasks by automating complex financial processes, enabling users to focus on strategic decision-making rather than mundane activities.
    • Secure Data Handling: With its advanced security measures, Certinia ensures user data remains protected and compliance standards are met, instilling confidence in its data integrity.
    • Comprehensive Reporting: Certinia excels in transforming raw data into insightful reports, helping users make informed decisions based on real-time financial intelligence.

    Cons

    • Steep Learning Curve: New users might find Certinia challenging to navigate, potentially slowing down initial operations until they become familiar with the platform.
    • Integration Limitations: Some users report challenges with integrating Certinia into their existing tech stack, indicating compatibility may be a concern for certain systems.
    • Customization Constraints: While Certinia offers many tools, it lacks in providing extensive customization options, which some businesses might find restrictive in tailoring the software to unique company workflows.

    IFS Cloud

    IFS Cloud is a new product that integrates the capabilities of Service Management, Enterprise Resource Planning and Enterprise Asset Management into one platform. It handles a wide variety of business functions, and the main modules are: Finance, Human Capital Management, Projects, Manufacturing, Procurement, Supply Chain Management, Customer Relationship Management, Commerce, Asset Management and Service Management.

    Pros

    • Targeted to a wide variety of industry segments including defense manufacturing.
    • Native project management functionality for one-off and recurring projects.
    • Flexible deployment options.

    Cons

    • Not for small businesses.
    • New to the market.

    Oracle Fusion Cloud

    Oracle Fusion Cloud ERP is a complete, modern, cloud ERP suite that provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Pros

    • User friendly.
    • Easily connects to third party applications.
    • Strategic helper and assistant in finance with Business Intelligence.

    Cons

    • Implementation difficult.
    • Project management tool insufficient.
    • Support is lacking.

    Oracle NetSuite

    Oracle NetSuite offers a cloud-based enterprise resource planning (ERP) platform with a comprehensive suite of applications, such as payroll, human resources (HR), customer relationship management (CRM) and e-commerce. It operates on a software-as-a-service (SaaS) model.

    Pros

    • Customizable and easy to use.
    • Excels in analytics and reporting.
    • Complete financial planning and management solution.

    Cons

    • Support ranked low.
    • Difficult to get pricing – need to schedule a consult.

    Sage Intacct

    Sage Intacct is an ERP and accounting software solution. This robust software is specifically engineered to cater to businesses of all sizes across various industries, including technology, healthcare, hospitality, and non-profit. There are different versions of Sage Intacct to meet varying business needs, ranging from core accounting and financial management to contract management and revenue recognition.

    Pros

    • Thorough financial visibility.
    • Scalability.
    • Interoperability.

    Cons

    • Touted as mainly an accounting solution.
    • Pricey.
    • Customization Limitations.

    Acumatica

    Acumatica ERP is a SaaS, modular, cloud-based software system that handles many business processes and functions throughout the company. Businesses can pay by usage or transaction tiers with unlimited users or by the number of users. Acumatica cloud ERP offers industry-specific and company-size Editions, including a General Business Edition. Acumatica customers are small businesses and mid-market companies (SMBs), although Acumatica sells its “enterprise” version to companies with more than 250 employees. Customers are in the United States and international locations.

    Pros

    • Ease of use, with modern user interface.
    • Personalization.
    • Machine leaning and AI-driven.

    Cons

    • Nontransparent plans and pricing.
    • Can get expensive.

    Cannabis

    ERP helps cannabis companies manage and optimize their business operations, from inventory management to financial management and customer relationship management.

    When it comes to the cannabis industry, an ERP system is essential for compliance and tracking. The cannabis industry is heavily regulated and requires strict compliance with state and local laws. An ERP system for the cannabis industry will typically include features specific to the industry, such as compliance tracking, seed-to-sale tracking, and real-time inventory tracking. This allows cannabis companies to stay on top of their compliance obligations and ensure that they are operating within the law.

    Cannabis ERP ComparisonDownload for free Cannabis ERP Comparison Chart

    SilverLeaf

    SilverLeaf is a comprehensive and user-friendly agribusiness ERP solution built to tackle the unique challenges cannabis growers and processors face. SilverLeaf Cannabis ERP delivers functionality for financials, production, inventory, shipping, and other vital workloads, so you can easily manage, measure, and track performance to keep your operation growing. SilverLeaf integrates all the functions you need to optimize your cannabis business on top of the best-in-class ERP platform: Microsoft Dynamics 365 Business Central.

    Pros

    • Saves time and money by automating tasks and improving communication between departments.
    • Provides insights that inform better business decisions.
    • Robust functionality.

    Cons

    • Must purchase Microsoft Dynamics 365 Business Central too.

    365 Cannabis

    365 Cannabis is a vertically integrated Seed-to-Sale solution tailored to exclusively the Cannabis community. The solution was built to withstand and support the growth and needs of clients, with the idea that it can meet current needs with room to scale larger as businesses grow.

    Pros

    • Integration with Microsoft Dynamics 365.
    • Highly customizable for different product formulations.
    • Detailed tracking from cultivation to sale.

    Cons

    • Must purchase Microsoft Dynamics 365 Business Central too.
    • Lacking delivery functionality.
    • No BioTrack integration.

    CannaBusiness ERP (Sage X3)

    CannaBusiness ERP works with Sage X3 to offer the features necessary to run a successful cannabis business. The Sage solution includes modules that focus on financial management, supply chain management, production management and reporting and business analytics.

    Pros

    • Crop management.
    • Corrective Action / Preventable Action (CAPA) management.
    • Seed-to-sale traceability.
    • Inventory tracking.
    • Integration with government regulatory systems.

    Cons

    • Doesn’t have a mobility solution.
    • Must purchase Sage X3.
    • Lacking advanced inventory.

    QuantumLeaf (Accumatica)

    With Quantumleaf’s business software for cannabis you can access your cultivation, processing/manufacturing and distribution data from anywhere on any device. Your users are instantly up-and-running on a fully mobile solution, reducing implementation time.

    Pros

    • Robust and easy to use.
    • Unlimited users with no increased expense and no hassle.
    • Flexible licensing and deployments.

    Cons

    • Lacks sales demand forecasting and advanced inventory.
    • Delivery features requires an integration.
    • No integration to Excel, LeafLink or BioTrack.

    Canix

    Canix helps cultivators, manufacturers and distributors stay ahead of the competition by reducing labor costs and improving operations, replacing manual processes that can hold you back.

    Pros

    • Customer support ranked high.
    • Flexible for small or large businesses.

    Cons

    • Has basic accounting features.
    • No CRM.
    • Lacking functionality such as quality control, advanced inventory, fixed assets, and more.

    Greenhouse Growers

    As greenhouse growers experience success and business activity spikes, they often find the software they deployed to start up the business can no longer keep up. Employees get frustrated, spending extra time chasing down information to process customer orders. Even worse, retailer customers may not get the plants and flowers they want when they want them.

    That’s when it’s time to consider implementing an ERP solution.

    Greenhouse Growers ERPDownload for free Greenhouse Growers ERP Comparison Chart

    Silverleaf Agribusiness

    Microsoft Dynamics 365 Business Central and SilverLeaf combine to provide a comprehensive agribusiness business management solution.

    The horticulture industry is evolving. To keep pace, agribusinesses like yours are turning to industry-leading software to better understand their profitability, maximize space utilization, and gain end-to-end sales and operations management to drive growth.

    Pros

    • Comprehensive and user friendly.
    • Integrate with ordering platforms used by your retail customers.
    • Gain real-time visibility into inventory available and streamline load management.

    Cons

    • Must purchase Microsoft Dynamics 365 Business Central.

    Agriware

    ERP business management software for Greenhouses and Nurseries. Mprise Agriware provides a tailored, integrated Microsoft-based business management software solution for the horticulture industry.

    Pros

    • Maximizing Operational Efficiency: in planning, purchasing, sales, finance, inventory management, production and more.
    • Optimizing Processes: Gain visibility into your operations to prevent errors, improve quality and maximize your margins.
    • Leveraging Technology: Future-proof your business through system integration with Microsoft technology.

    Cons

    • Lacking some functionality like quality control, advanced item availability, seed line management, racking and more.
    • Must own Microsoft Dynamics 365 Business Central.

    Practical Software Solutions (Sage X3)

    Practical Software Solutions combines Sage X3 with its product, Grow Vertical, to target greenhouse growers. Grower Vertical is available in a web-native format, which allows your entire business management system to be accessed anytime, anywhere from any connected device with a browser. This means all your business can be mobile, instead of just a handful of apps. Whether you grow and sell ornamentals, plugs or vegetables, Grower Vertical gives you the capabilities to handle financials, inventory, shipping, logistics planning, production, and wireless warehouse management all in one system.

    Pros

    • Scalable solution.
    • Has advanced accounting and inventory management.

    Cons

    • Must purchase Sage X3.
    • Lacking functionality in production and sales & fulfillment.

    SBI Software

    SBI Software helps growers and suppliers manage inventory, operations, payments, point of sale, and more. Driven by its clients and industry, the company strives to continually innovate and improve its software.

    Pros

    • Supporting growers for over 22 years.
    • Scales from one to 1,000 users.

    Cons

    • Lacking features in production including seasonal planning, forward and backward production planning, and labor planning.
    • Lacks advanced accounting, space planning, and fixed assets.

    Picas

    Picas is a greenhouse production management software designed by growers, both big and small, and is a leader in the horticulture industry. It offers high-quality software and personalized customer service to help manage your business operations and keep you ahead of your competition.

    Pros

    • User-friendly interface
    • Great customer support
    • Good value for money
    • Customizable

    Cons

    • Limited reporting options
    • No advanced accounting, space planning or fixed assets and more.
    • Occasional glitches.

    Plant Partner

    Starcom uses its Plant Partner Enterprise software system to help organize and integrate grower operations into a smooth workflow. It can help growers better understand their goals and workload from Production through Inventory, Sales, Shipping and Accounting. Good decisions require good information and Plant Partner pulls it all together to help organizations respond rapidly to changes and customer needs.

    Pros

    • Automates daily tasks in every department, from production through inventory, sales, shipping, and accounting.
    • Provides a comprehensive set of solutions.
    • Plant Partner Enterprise is designed for the floriculture industry and offers features such as pulling and loading process organization, sales reporting, and accounting.

    Cons

    • Must purchase Acumatica for accounting integration.
    • Lacking many features throughout.
    • Some issues can only be solved by customer service, which can lead to waiting times.

    Conclusion

    Companies need an ERP system that can seamlessly integrate core business functions. They’re also looking for the best of the best when it comes to software – and a vendor who can provide world-class service and support.

    It can be challenging to know how to select an ERP system. A quick search conjures up an endless list of software and vendors, all of whom are vying for your attention. How can organizations be sure they’ve found the right match?

    It really depends on your specific pain points and priorities for the system, as well as your business size, and industry. We hope that this guide has helped you look at the top systems for your size and industry, as well as the pros and cons for each.

    We are happy to answer any questions that you may have and guide you in the right direction. Contact us today to learn more!