Top players in the ERP Development

by Rubina Akter in ERP on Oct. 24, 2022, 1:29 p.m. GMT+6

In an ideal ERP, all data from all types of software modules could well be stored in a single database. It can help a business achieve its long and short-term objectives while also meeting its criteria. ERP that is accessible and adaptable for a business is said to be ideal ERP.

There are various ERPs that are acknowledged as ideal ERPs in the local and international market, however they are not in any chronological sequence.

5 best ERP in international market-

SAP- SAP SE is a walldorf, Baden-wurttemberg-based global software organization that creates enterprise software to manage corporate operations and customer relations. SAP focused on 25 industries and Six industrial sectors: process, discrete, consumer, service, financial, and public service. Large organizations, mid-sized firms, and small businesses all can benefit from its integrated product sets. Through SAP, machine learning, the internet of things(IoT), and advanced analytics technologies assist clients in transforming their organization into intelligent corporations. Its end-to-end portfolio of apps and services enables companies to operate economically, modify consistently, and differentiate themselves. SAP stands for “System Application and Products in Data Processing”. SAP offers sophisticated data management, allowing a company to manually calculate sales margin, profit ratio, and other matrices. It minimizes operational expenses by utilizing real-time data. Because every business is different, each one has its own structure. SAP is adaptable to the needs of the users.

Oracle- Oracle corporation, based in Austin, Texas, is an American multinational Computer technology company. Oracle STP stands for “Secure Transaction Processing.” Oracle offers a wide range of business products, from ERP to hardware to JAVA/database. Supply chain management, human resource management, project management, customer relationship management are just a few of the operational modules covered by oracle. Oracle ERP helps the company to implement new functionalities quickly at a lesser cost. It has easy accessibility to any time and works on any mobile device including laptop, desktop though internet connection.

Netsuite- Netsuite Inc, based in Austin, Texas, is a cloud computing firm that provides software and services to help businesses manage their finance, operations, and customer relationship. Netsuite’s main USP is that it understands businesses like no one else, which is why its cloud-based modules like ERP, CRM, eCommerce, Accounting, HRM and others may be extremely valuable to any company. Netsuite is the most comprehensive, risk-free ERP cloud solution available. It also offers a detailed customer facing CRM, and E-commerce solution. Netsuite has a self-service platform that helps businesses and consumers collaborate more effectively. Total cost of ownership(TCO) will be lower because it is a web-based on demand solution.

Sage- Sage is a British global corporate software firm headquarter in Newcastle upon Tyne, England. Healthcare, HR & Payroll, Construction/ Real Estate, Transport/ Distribution, Payment Processing, Accountancy, Not-for-Profit, Manufacturing, Retail, and Automotive Distribution are just a few of the sectors served by Sage. Sage can work with people from different divisions, nations, and languages. Sage is capable of serving a wide range of sectors in addition to manufacturing, wholesale distribution, and service processes. It has remarkable tools and features to support future projects and the company's growth.

IFS- IFS AB, based in Linkoping, Sweden is an international enterprise software firm. IFS is trusted by 500+ partners and thousands of customers worldwide. The company creates and distributes enterprise software for companies that manufacture and sell items, maintain assets, and run service oriented business all over the world. IFS guarantees that duplicate instances of the same vendor are avoided, that inventory is monitored in real time, and that cost savings are realized through intelligent purchase management. Employees benefit from IFS user friendly interface, which boosts productivity and usability. IFS also offers software for services including field service management and food and beverage services.

5 best ERP in local market-

PrismERP- Platform independent and purely web-based, PrismERP, is the flagship product of Divine IT Limited. PrismERP is the first ERP software in Bangladesh that has been able to provide management and automation services to more than 35 types of businesses. Over 300 businesses in the nation are running their worldly operations through PrismERP. PrismERP constructs a plethora of integrated modules catered to smoothly streamline the business process of multi-dimensional businesses. With the integrated functional areas of Financial Management, Supply Chain Management, Sales & Distribution Management, Human Capital Management, Enterprise Asset Management, Customer Relationship Management, Production Planning and Control, PrismERP is more than fulfilling the need of an ERP solution of international standard for all types of businesses. PrismERP gradually helps make business more profitable in nature. With the proper utilization of the world class ERP solution PrismERP, manufacturing companies, apart from increasing their efficiency and productivity, have also been able to make planning, timely production, distribution, maintenance of machineries and equipment easier by the day. The Human Capital Management module of PrismERP allows companies to maintain and traverse the entire employee life cycle starting from recruiting him from scratch to clearing his final settlement. This easy-to-use web and mobile based solution allows businesses to take improved and faster decisions with its integrated MIS reporting feature.

Pridesys IT- Pridesys IT limited specialized in providing safe, scalable, on demand application systems and data access solutions. Its success was aided by its user-friendly access to financing. The key strength of Predisys IT is the accuracy and consistency of the results. Pridesys IT provided key features of Manufacturing Management, Distribution Management, Financial Management, Reporting and Analysis, Big data, Machine Learning, IOT, Cloud computing. It is also an IT enabled call center and e-commerce site service provider. They are dedicated to providing the best possible service to corporate and public sector clients of all sizes, from strategic development through implementation and administration of technological solutions.

Extreme ERP- Extreme ERP is a simple and economical online accounting software that has capabilities to help you operate your whole business. It can handle every aspect of an organization efficiently and effectively. It is well connected with other modules and offers explicit integration possibilities with third-party systems. Key features of Extreme ERP are Virtual Management, Virtual accounting, Sales and Review, Report and analysis, HR Management and Cloud Computing.

Desh ERP- Desh ERP is a premier accounting and inventory management software. This one software can handle Accounts, Sales, Inventory, Purchase, Manufacturing, and Payroll. All fundamental company activities, such as purchasing through manufacturing, inventory, sales, and customer service may be simplified. User friendly interface, Manufacturing and Payroll, easy customization, Automation phase by phase, Modular structure, Unlimited user license, Account and Inventory, Purchase and sale, Financial management are the key features of Desh ERP.

Smart ERP- Smart software helps to remove the client’s obstacles so that the business may function smoothly. They work with HR, Finance, Manufacturing and Distribution, Sales, Service Management, CRM and Marketing, among others. This organization delivers data-driven choices, deeper insights, and embedded intelligence due to the development of intelligent and distributed systems. Specially, Finance and Accounting, Inventory and Warehousing, Project Management, Human Resource, E-commerce and Web are the key features of Smart ERP.