An enterprise resource planning (ERP) system is a solution geared toward simplifying business processes, increasing efficiencies and integrating all operations including manufacturing, inventory, accounting and risk management. More than ever, ecommerce businesses have embraced ERP systems to keep up with and even outdo the competition. ERPs make it easy to track the progress of all business activities from a centralized location.
Continued innovation in technology also gave rise to the emergence of numerous ERP solutions. While there are many that suit businesses of all sizes, some are tailored to businesses in specific industries and levels of growth.
Here are some of the top ERP software systems worth considering if you’re in the ecommerce industry:
Brightpearl is geared toward wholesale and retail ecommerce businesses. It has comprehensive offerings, including modules for inventory management, customer relationship management, financial tracking and management, and accounting.
Moreover, Brightpearl is preferred by cloud-based ecommerce businesses because it's highly scalable. It provides a centralized location for viewing different business information and gathering critical data needed to make decisions. If the user wants to improve the customer experience, for example, data can be used to shorten the time it takes for a product to be delivered.
Another benefit of Brightpearl is that it can be easily integrated with third-party systems. It's highly customizable because it offers different modules based on the size of your ecommerce business.
ECI Software Solutions
ECI Software Solutions caters primarily to medium-sized businesses and offers cloud-based solutions for companies with operations spanning different sectors of the economy. All ECI ERP solutions are tailor made to the specific industry. For example, if your company is in manufacturing, there are four ECI options.
Sage is a veteran in the ERP-solutions space and has been in the business for over forty years. It provides ERP solutions for ecommerce businesses that are suitable for small and medium-sized businesses.
Sage has a wide range of offerings with accounting, inventory, and payroll functionality, amongst others. There are different modules to suit different needs, all of which are customizable. It's also platform-independent, meaning the dashboard can be accessed from any device with access to the Internet.
Oracle is a provider of cloud-based ERP solutions trusted by thousands of businesses. Its service offerings span a wide range of industries because it provides significant value with its different packages.
Oracle's cloud ERP can be accessed via a mobile device, and the pricing model is subscription based. Built-in analytics provide real-time data for essential decision making.
Microsoft Dynamics 365
This particular cloud-based ERP is often associated with large multinational organizations, but it works well for small ecommerce businesses as well. It's highly customizable based on a business's needs. Like Oracle's ERP, it can also be accessed via a mobile device and is highly scalable.
Acumatica Cloud ERP
Launched in 2008, Acumatica has stood the test of time. You can access the dashboard via any device with access to the internet. Acumatica ERP is highly flexible with various options such as deployment in the cloud or in private-cloud and hybrid-cloud environments.
Acumatica is easily upgradable and supports businesses across all industries. It's also appealing to small and medium-sized businesses due to its inherent scalability, so you don't have to change your ERP service provider as the business grows.
Choosing the right ERP solution can mean the difference between the success or failure of your business—especially if you're in a highly competitive industry. The ERP solutions covered here have some similarities, but each has its own strength, too. Some are best suited for specific industries or businesses in different stages of growth, so it is always advisable to consult an ERP specialist before making an investment for your company–especially when considering the best cloud ERP for medium-sized businesses or if you’re wondering how ERP helps retail businesses.