ERP software is a concept that is no longer strange to large businesses and corporations. However, for SMEs, many units still wonder whether they should invest in ERP or not? So maybe you should read this article to have a more objective view on the importance of ERP software for small and medium businesses. At the same time, learn more about the TOP 10 typical ERP solutions for small and medium enterprises on the market today.
Should you invest in ERP for small and medium-sized businesses?
At small and medium-sized companies, the company's resources are limited, so many employees have to undertake many different positions. This easily leads to errors during work. ERP software is a solution that helps businesses perform activities such as order processing, production and finance in an automated way. Coordination between departments and divisions is also optimized and more effective.
Therefore, using ERP software for small and medium enterprises is very necessary. In particular, this software will be a better choice if your business operates in the financial sector.
However, when applying ERP for small businesses, you need to have a reasonable implementation plan to increase the rate of completing set goals and avoid failures that affect your business. entire enterprise system. ERP solutions if used properly, will bring SME businesses a high actual rate of return.
The use of ERP software in small and medium businesses is necessary
To know whether your business needs an ERP application in your business or not, you can refer to some of the following signs:
- Data is managed in many places, many working files are different between departments.
- Businesses have a large amount of inventory that is difficult to determine.
- The company can only track business status based on sales reports.
- The increasing number of orders makes management in Excel difficult.
Top 10 most effective ERP software for small and medium businesses in 2024
Viindoo software
Viindoo software is the best rated comprehensive business management software for SMEs today. Instead of using separate fixed software, Viindoo Solution integrates 56 different applications on the same system. The software designs the structure of assembled features, allowing users to choose operations that suit their needs. The features are closely linked together to form scientific, rhythmic processes, under a reasonable flow of links and user permissions.
In particular, Viindoo software allows businesses to customize and expand features, meeting the future development needs of your company. In addition, Viindoo also supports consulting on ERP implementation for small and medium-sized businesses, consolidating data and streamlining processes, maximizing performance in operational stages such as purchasing and sales management, finance and accounting. , personnel,...
Viindoo software is a comprehensive business management solution
Outstanding advantages:
- Interface design is smart, scientific, easy to use
- Comprehensive integration of features on the same system, data synchronization and bringing a consistent experience to users
- Suitable for all businesses operating in different fields
- The software is always updated to the most optimal version
- Safe and secure storage of data for businesses
- Reasonable costs, calculated based on the number of users and applications used by the business
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Odoo Software
Odoo ERP software is the optimal solution for small and medium businesses. With more than 30 integrated applications and many other outstanding features, this software is used by many businesses to manage their business in many different fields. Thanks to that, the enterprise's business operations are increasingly improved and standardized.
Odoo ERP is the optimal business management solution for small and medium businesses
Outstanding advantages:
- User-friendly interface
- Possesses a diverse application store
- Easily integrates with 3rd party software
Oracle Software
Oracle software is a solution to support small and medium-sized businesses in effectively managing financial activities or data and information security. The solution possesses many outstanding features such as production management, logistics, customer relationship management, human resources,... Oracle is the choice used by many SMB businesses around the world to improve business performance..
Oracle - a solution for effective financial operations management
Outstanding advantages:
- Integrate many features to help businesses improve operational efficiency
- Create flexibility by allowing working on different technology platforms
Microsoft Dynamics software
Microsoft Dynamics is an ERP solution for small and medium businesses developed by world "technology tycoon" Microsoft. The software can integrate with other Microsoft applications to create a comprehensive management ecosystem. This software focuses on managing the fields of sales, marketing, service,...
Microsoft Dynamics software focuses on managing the fields of sales, marketing, etc.
Outstanding advantages:
- Allow working easily on Word, Excel, and Powerpoint.
- Support enterprises to deploy different modules according to the needs of customers.
- Provide a simple interface and is easy to use.
- Accurately forecast demand and sales volume for businesses
SAGE ERP Software
SAGE ERP is a management solution used by nearly 2,000 businesses of many sizes around the world. This software supports businesses in restructuring their operating processes with a single technology system. With many outstanding features, SAGE EGG enables administrators to make quick and accurate business decisions.
SAGE ERP is a management solution used by numerous businesses
Outstanding advantages:
- Support data standardization and business process innovation for enterprises
- Provide simple integration capabilities and is easy to use for any business
- Quickly and conveniently store all business information
- Provide a user-friendly interface.
Epicor Software
Epicor is a business ERP software commonly used for SMEs today. This software is deployed on a server or cloud computing technology platform, supporting businesses to effectively manage and operate their financial activities. Most notably, this is also software built and developed based on modern Microsoft technology platform for large-scale businesses.
Epicor is an ERP solution for small and medium businesses
Outstanding advantages:
- Provide features such as financial management, supply chain management, production management, human resources management, etc. Therefore, the software helps improve the operational efficiency of the business.
- Built on the basis of modern technology.
SYSPRO software
SYSPRO provides effective ERP solutions for SME businesses. The outstanding feature of this software is the ability to adjust to business scale with many features such as store control, inventory management or financial activities.
SYSPRO provides effective production management solutions for businesses
Outstanding advantages:
- Flexibility to adapt to businesses of different sizes
- User-friendly interface with intuitive tools to connect important data in the business
SAP Business One Software
SAP Business One is one of the effective ERP software for SMBs. The software possesses many important functions to increase business performance such as financial management, customer relations, warehouse, production, projects, purchasing - selling goods and ADD - On, demand planning. demand for materials. With the system operating on the Internet, users can monitor business activities anytime, anywhere.
AMIS is a widely used ERP software
Outstanding advantages:
- Integrate important features, supporting the optimization of operating procedures for small and medium businesses
- Allow managers to track specific business activities
AMIS software
AMIS is also a widely used ERP software for small businesses. This software supports businesses in managing online business activities at a cost suitable to their financial ability. Thanks to the use of software, business operations of enterprises are significantly improved, and the decision-making process of administrators is also significantly improved.
AMIS is a widely used ERP software
Outstanding advantages:
- Apply at a reasonable cost, suitable for businesses with limited financial resources.
- Allow to connect, work, and process business information remotely.
- Provide users with data, financial reports, personnel situations, etc.
ERPNext Software
ERPNext is free ERP software suitable for small and medium businesses. The software integrates many important management features such as accounting, warehouse management, human resources, purchasing and selling goods... This is software often used in fields such as education, agriculture, and distribution. retail…
ERPNext is a free business administration solution
Outstanding advantages:
- Get any needed feature to manage your business effectively
- IUse at low cost
- Support to track purchase and sale activities easily
How to choose a suitable ERP solution for small and medium enterprises?
Here are some criteria to choose suitable ERP software for small and medium businesses:
- Ease of use: The software's interface must be user-friendly so that anyone can use it. At the same time, the software must be compatible with other business tools in the enterprise.
- Customization, scalability, integration: Must consider the system's cross-platform integration capabilities. At the same time, you must consider the ability to expand when there are a large number of users or changes in the business model.
- Reasonable costs: Businesses need to consider investment costs compared to total revenue. The investment ratio is usually 1-2% of total revenue.
- Security: Software is required to have strong security to avoid loss of business data.
- Support Services; You need to learn about support services and associated costs to be able to make the best choice.
Above is information about the top 10 ERP software for small and medium business compiled by Viindoo . With the information provided above, hopefully you will consider and find the right software for your business. If you want to learn more about software that supports effective business management, please follow us at website viindoo.com or contact hotline 02257309838 immediately.
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