Grid® for ERP Systems
ERP Systems Definition
Enterprise resource planning (ERP) systems manage, control, and organize daily business operations and workflows. Employees in production, manufacturing, accounting, finance, HR, and supply chain use the best ERP systems to support process automation, control input data, and optimize business operations to save resources. Some examples of ERP systems are Oracle Netsuite and SAP ERP.
ERP implementation helps with account payables (AP) automation, advanced reporting, and management for financial companies. In the healthcare sector, ERP enhances patient care by automating records and storing accurate data for each patient. Human resources uses ERP for payroll processing, time tracking, and employee benefits. Retail industries might use ERP to automate invoices, run customer discounts, and increase sales productivity.
The organized structure of ERP software combines data from different departments and breaks down silos to help every team access necessary data and metrics securely. Real-time reporting and analytical dashboards keep you updated on each department's performance and productivity.
Daily workflows, customer relationship management processes, inventory management and procurement, demand forecasting, and strategic decision-making join under ERPs to keep you up-to-date about team agendas and notify you of task progress. This way, you better understand which teams need resources immediately and which can wait.
ERP software covers a wide range of functionalities. Still, if you find gaps, you can integrate it with other tools like CRM software, professional services automation software, or project-based ERP systems to achieve a magnified view of product manufacturing and distribution.
ERP systems provide a variety of modules, and while each business has unique requirements, most ERP systems offer the following:
- Accounting features like general ledger, accounts payable/receivable, budgeting, and cash management
- Human resources (HR) functionality such as recruiting and payroll, or integration with HR and payroll solutions
- Basic sales and customer management features or integration with CRM solutions
- Functions to create different types of quotes, sales orders, and returns
- Purchasing workflows and purchase order management
- Inventory and warehouse management software including picking, packing, and shipping
- Advanced supply chain modules like demand planning and transportation management for distribution companies
- Production modules that include bill of materials (BOM), manufacturing resource planning (MRP), and quality management features for manufacturing companies
- Reporting and analytics for all the modules included in the ERP solution
ERP Systems Grid® Scoring Description
Products shown on the Grid® for ERP Systems have received a minimum of 10 reviews/ratings in
data gathered by August 30, 2022. Products are ranked by customer satisfaction (based on user reviews) and market
presence (based on market share, seller size, and social impact) and placed into four categories on the
Grid®:
- Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Leaders include: NetSuite, Sage Intacct, SAP Business One, SAP ERP, SAP S/4HANA Cloud, Acumatica, TallyPrime, Odoo ERP, SAP Business ByDesign, QuickBooks Desktop Enterprise, Microsoft Dynamics 365 Business Central, Oracle PeopleSoft, IFS, Brightpearl, SYSPRO, Infor LN, Kinetic, Oracle Manufacturing Cloud, Oracle E-Business Suite, Deltek Costpoint, FinancialForce Financial Management ERP, Oracle Financials Cloud, and Munis for Schools
- High Performing products have high customer Satisfaction scores and low Market Presence compared to the rest of the category. High Performers include: ePROMIS ERP, Striven, FinancialForce PSA, MIE Trak Pro, Orion ERP, Unanet GovCon, Multiview ERP, Skubana, Exact Globe, Genius ERP, Plex Smart Manufacturing Platform, Deskera Books, Ability Commerce, ERPNext, Focus ERP, Total ETO, ERP-ONE, OfficeBooks, MISys, BizAutomation Cloud ERP, VIENNA Advantage, Minotaur Business System, and OpenPro ERP
- Contender products have relatively low customer Satisfaction scores and high Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Contenders include: Infor M3, Epicor Prophet 21, Sage 100cloud, Oracle JD Edwards EnterpriseOne, Infor XA, Workday Enterprise Planning, Sage 300cloud, Microsoft Dynamics 365 Supply Chain Management, Infor SyteLine / Infor CloudSuite Industrial, and MYOB
- Niche products have relatively low Satisfaction scores and low Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Niche products include: Epicor BisTrack, Epicor Eclipse, Dolibarr ERP CRM, Aptean Distribution ERP, Priority ERP, Infor CloudSuite Corporate, M1, Aptean Process Manufacturing ERP Ross Edition, Sage Business Cloud X3, Rootstock Cloud ERP, Global Shop Solutions ERP, IQMS ERP, Unit4 ERP, Unanet AE ERP, Sage 500, Infor VISUAL, QAD Adaptive ERP, KeyedIn, E2 MFG System, Aptean Industrial Manufacturing ERP Made2Manage Edition, and e-automate
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in any form without G2’s prior written permission. While the information in this report has been
obtained from sources believed to be reliable, G2 disclaims all warranties as to the accuracy,
completeness, or adequacy of such information and shall have no liability for errors, omissions, or inadequacies in such information.
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