ERP system can transform the way you manage your business. But you should choose a suitable ERP system to meet the needs of businesses, especially small and medium enterprises. This article explores some of the top ERP systems for small businesses in 2024, highlighting their key features and benefits to help you make an informed decision.
Some factors to keep in mind when choosing an ERP system for small business
ERP systems bring many benefits as well as help businesses simplify the operation and management process. Plus, some have features that cater to niche industries, so a product that’s a perfect match for one enterprise may be off the table entirely for another.
Learn more about what is ERP system? and why businesses should use an ERP system in managing?
To be able to choose the most suitable ERP system for your business, you need to pay attention to the following core factors:
- Range of use cases: A suitable ERP system needs to meet the needs of the entire business. This includes modules for accounting, inventory management, sales, purchasing, and perhaps basic HR functionalities. Avoid overly complex systems with features that the business doesn’t need, as they can add unnecessary costs and complexity.
- User experience: ERP Systems is complex software with a lot of moving parts. Therefore, business need to learn and carefully compare the structure of the software, how logically designed it is, and how similar it is to solutions team members already use before deciding to choose an ERP system.
- Scalability: Even though the business is currently small in scale, you still need to choose an ERP system that can expand with the growth of the business such as the ability to accommodate the increase in the number of users, transactions, and data that There is no need to require a complete overhaul or significant additional investment.
- Customization: Not all businesses have the same operating and management methods, especially small businesses often have unique processes and requirements that available ERP systems may not fully meet. Therefore, businesses should choose an ERP system that is highly customizable to be compatible with the distinct needs of a company and its workflows, processes, and UX preferences.
Top ERP systems for small business in 2024
Levinci – Best custom ERP system for small business
If you are looking for a perfect and reliable ERP system, one name that comes up at the top of the list is Levinci. Levinci is a comprehensive and industry-focused ERP system that empowers manufacturers and distributors to optimize their operations, drive growth, and stay competitive in today’s fast-paced business environment.
Each business has different characteristics, needs, and operating methods. Therefore, Levinci offers comprehensive ERP customization services to optimize workflows, enhance user experience, and empower innovation. From there, it helps businesses innovate and optimize operating processes while still saving costs.
Dynamics 365
Microsoft Dynamics 365 is an all-in-one cloud-based ERP (Enterprise Resource Planning) solution designed specifically for small and medium-sized businesses. It helps businesses manage their finances, inventory, customer relationships, projects, and operations in a single, integrated system.
Microsoft Dynamics 365 allows users to access and work remotely anytime, anywhere via the internet. This ERP system can grow with your business as your needs change and your company expands. In particular, Microsoft Dynamics 365 provides a user-friendly interface that is intuitive for employees with minimal training.
NetSuite
NetSuite is a cloud-based ERP (Enterprise Resource Planning) platform designed to cater to the needs of growing businesses, particularly small and medium-sized businesses (SMBs) and mid-market organizations.
NetSuite is known for its flexibility, scalability, and comprehensive feature set. It functions as an all-in-one suite, offering a comprehensive set of features to manage various aspects of your business operations như finances, operations, customer relationships, and e-commerce, etc.
NetSuite caters to a range of businesses, but it’s particularly suitable for companies experiencing growth or those with complex operational needs như Manufacturing companies, Wholesale distributors, Software-as-a-Service (SaaS) companies, and Professional service firms.
Acumatica
Acumatica offers a cloud-based solution, accessible from anywhere with an internet connection. This ensures scalability, eliminates the need for extensive on-premise infrastructure, and facilitates remote work. It’s a good option for businesses that have unique needs or that are looking for a solution that can grow with them.
Acumatica prides itself on its high level of customization compared to other cloud-based ERPs. This allows businesses to tailor functionalities to their specific workflows and industry needs.
Acumatica offers industry-specific editions pre-configured with features relevant to specific sectors like manufacturing, construction, distribution, and professional services. This can streamline implementation and provide a good starting point.
Syspro
Syspro is an extremely great ERP system for businesses, particularly catering to manufacturing and distribution companies.
Syspro focuses on functionalities crucial for manufacturing and distribution operations, including: Manufacturing Resource Planning (MRP), Inventory Management, Supply Chain Management, Financial Management, and Customer Relationship Management (CRM).
Depending on your specific needs, Syspro offers various add-on modules for functionalities like quality control, business intelligence (BI), and project management.
Conclusion
These are a few examples of ERP systems that cater to the needs of small businesses. When choosing an ERP system, it’s essential to evaluate factors such as features, scalability, cost, ease of use, and customer support to determine which solution best fits the specific requirements of the business.
Among them, Levinci is a strong contender in the ERP system landscape. Contact Levinci now for a free consultation and discover how our ERP customization services can help your business thrive.