Everyone wants their business to run smoothly and produce effective results, whether they are in charge of a large or small organization. However, small companies have different features, pricing, setup, and installation compared to companies of other sizes.

Various software and solutions are available to maintain the effectiveness and quality of your company’s operations.

To make the business operation more effective, various organizations opt to use the top ERP systems available now. Small enterprises may now maintain their competitiveness with the major players due to ERP for small business. There are many choices accessible when looking for the best ERP systems.

What is ERP software?

Businesses utilize enterprise resource planning software to plan out everyday operations. It is an affordable solution that enables the management of ongoing corporate functions, including accounting, human resources, sales, marketing, data security, and the flow of transactional data from many sources.

ERP for small businesses was created to streamline and automate activities. Since then, the ERP market has established itself fiercely competitive, with a wide range of platform options.

Cloud computing is changing the game’s rules regarding managing small businesses. A single source of truth and data integrity is provided by ERPs, which also combine company operations into a single, easily manipulated dashboard.

Dynamics 365

Dynamics 365 Business Central, created primarily for small and medium-sized organizations, manages finances, operations, sales, and customer service.

With capabilities including financial management, inventory management, project management, sales, purchasing management, and customer relationship management, Business Central provides a comprehensive solution to help firms optimize their operations and boost productivity.

Dynamics 365 Business Central’s scalability is one of its main benefits. It may be customized to meet the unique requirements of various enterprises thanks to the supplied flexibility.

The cloud-based platform makes it simple for businesses to work remotely because it can be accessed anywhere. Furthermore, Business Central has a low total ownership cost, making it an inexpensive option for small enterprises with tight budgets.

Key features

• Powerful mobile access
• Highly scalable
• Wide range of features across all industries

Odoo

Odoo is an open-source ERP system that enables companies to access and modify the source code to meet their requirements. This can lower the software cost for small firms while guaranteeing that they have a system that satisfies their particular needs.

Billing, accounting, manufacturing, and project management are just a few of the company needs that Odoo can handle. Odoo is a fantastic option for small businesses with access to the source code and looking for chances for customization or an excellent choice for small businesses.

Users and developers working on Odoo share information, best practices, and unique modules. This may facilitate support for small firms and the discovery of answers to typical problems.

Key features

• The community version is free
• Large support userbase
• Heavy customization options

Acumatica

Across many various industries and corporate sizes, Acumatica offers a comprehensive range of goods and services. The platforms for Acumatica Cloud ERP and Acumatica Cloud xRP are its two primary products.

Their Cloud xRP platform was mainly created to offer small and expanding enterprises an effective way to implement and manage their IT or application development business. It is flexible and future-proof.

Using an adjustable architectural framework, the Acumatica xRP platform enables developers to adapt their business apps to how their clients conduct business.

Only upon request is pricing for the Acumatica Cloud xRP platform made accessible, and it is determined not by the number of user seats but rather by the functionality and features utilized.

Key features

• Deferred revenues to deliver top ROI 
• CRM with real-time data
• Handles complex billing

SAP Business One

Small and medium-sized businesses can benefit from the cloud-based SAP BusinessByDesign solution. It fulfills the essential needs of a company and provides a range of skills, including financial, customer relationship, project, supply chain, human resources, and compliance management.

It offers APIs to create custom integrations and performs additional activities by integrating with Office 365, Concur, SAP Analytics Cloud, and SAP SuccessFactors.

In addition to many other functions, SAP Business ByDesign offers financial management, customer relationship management, human resource management, project management, and procurement management.

However, the method lacks an intuitive output and calls for Excel to handle output data. The production function of the SCM module does not provide item-wise pricing.

Key features

• Highly customizable
• Integrations with CRM and eCommerce platforms
• Real-time data insights

Read More: Leverage ERP Solutions to Streamline Business Operations

NetSuite 

Despite its extensive feature set, NetSuite strongly emphasizes business operations, money, and client relationships. This implies that, as needed, it can delve further into e-commerce, CRM, and inventory management.

NetSuite is an ideal choice for small businesses looking for a comprehensive, versatile, cost-effective solution due to its customizable interface and scalability.

Reducing procedures and boosting productivity is one of NetSuite’s significant benefits for small organizations. NetSuite may assist in minimizing errors and reducing manual processes, which can help save time and boost productivity by offering a centralized system for managing all facets of the business.

By knowing the benefits of cloud ERP, you can choose NetSuite’s cloud-based platform because it is more flexible. By implementing this software, business people can access their data and apps from any location.

Key features

• A large number of available modules
• Cloud-first solution
• Industry-specific customizations

Sage Intacct

Real-time insights are one of the most crucial features that Sage Intacct provides. Real-time financial data allows you to spot unintended problems and safeguard your company from losses.

Additionally, the product has automatic features that might assist you in lowering the labor costs at your company. The program is presently utilized in numerous fields, including accounting, vendor management, financial consolidation, etc.

Before purchasing, you can have a free trial of this cloud-based solution to check its features and functionality.

Key features

• Core features that are built for finance 
• Streamline complex financial and accounting processes
• Real-time operational metrics and advanced reporting

Capping words

The best ERP services for small businesses are not ended up here. There are a lot more software you can find in the market. You must therefore choose the one that best fits the demands of your company by knowing the benefits of ERP system. If you are searching for a practical ERP deployment for your company, look for the ERP with many features.