ERP comparison for SMEs: The top 3 options

ERP comparison for SMEs, the top 3 market options

There are several options for incorporating an ERP into your company. However, as there is a cost to implementation, both in terms of time, money and training, it is valuable to weigh up the pros and cons of each option.

There are several factors to keep in mind before making a decision. Firstly, its features, applied to the needs of your company. The second issue, no less important, is the economic cost of implementation. In addition, the security offered by the ERP must also be noted. Finally, the ease (or otherwise) of learning for workers is also relevant.

As a matter of practicality, all the options we compare in this ERP for SMEs comparison stand out for a cost that fits your needs. In addition to having state-of-the-art security systems. This means that the main differences will be in functionalities and learning, directly or indirectly.

The top 3 ERP options for SMEs are as follows. Please take note, this information will be of interest to you:

SAP Business One

SAP Business One software is the specific solution provided by SAP for SMEs. It should be noted that, due to its characteristics, this mixed solution is one of the preferred ones, since it is the ERP most used by SMEs worldwide. SAP is also one of the most widely used software for manufacturing and industrial processes.

Benefits of SAP Business One

The first advantage of this solution is that it is based on SAP, a secure, versatile and widely used software in the business sector, with a very short implementation time. This provides a response to all types of companies in different activities and good support when there are incidents.

Secondly, almost all of a company's processes are covered. You can activate modules for financial management, purchases, stock management, sales or CRM. In addition, a section is also included for international operations and reporting. The fact that you can adapt to different peaks in demand will facilitate your day-to-day operations, so you can tailor your investment to what you need.

In addition, this software can be used on several electronic devices. In this way, you can connect to SAP Business One at any time and from anywhere.

Finally, you should know that this solution is very powerful in terms of analytics options. Are you interested in carrying out quick and quality analyses? This is a good way to achieve this with guarantees in times when Big Data is essential to improve results.

Disadvantages of SAP Business One

One of the main problems with this ERP, for some micro-SMEs, is that it has a higher investment cost. SAP Business One is designed for companies with higher investment capacities, which is why micro-SMEs may notice this drawback.

Secondly, this software is constantly being updated, which also requires constant training in how to use it in order to take advantage of all the functionalities.

Sage 50 Cloud

Sage 50 Cloud ERP is an option that focuses on cloud accounting operations. This software is especially recommended for SMEs, also with its advantages and disadvantages.

Advantages of Sage 50 Cloud

The first advantage of working with Sage 50 Cloud is that it is a 100% cloud solution. And, without a doubt, this is what makes the difference. Therefore, if you want to operate in this context, it is an ideal ERP.

Secondly, and although it is focused on accounting, you can activate other modular options. For example, you can manage stock, project management, human resources, sales, manufacturing and business management. In addition, reports are also generated. As a result, this is convenient if you want to access multiple variable functions.

Furthermore, it should be noted that it is easy to make a migration from former Sage ERP. This will allow you to save time and money, which is to be welcomed in the end.

Drawbacks of Sage 50 Cloud

The first problem with Sage 50 Cloud is that, to get the most out of it, you have to work in a single centre. Therefore, it is an ERP especially suitable for micro-businesses and, above all, for the accounting function. Although the other options may also be of interest, they are minority cases.

The second aspect is that the architecture of the solution, with multiple codes, can make it difficult for third parties to modify. For this reason, you need to consider whether this ERP is of interest to you.

Microsoft Dynamics 365

The Microsoft Dynamics 365 ERP is a specific cloud solution for anyone who wants to work in cloud environments. On the other hand, it works with reference software such as that provided by Microsoft, a leader in the sector.

Advantages of Microsoft Dynamics 365

The first advantage of Microsoft Dynamics 365 is that you can use it integrated with the Office suite. This will allow you to work with Excel, Word, Access or other applications.

The second interesting aspect of this ERP is that it can be used on several devices, in the same way as SAP Business One. And, in some cases, this feature is crucial to achieving your professional objectives. Consequently, if you have to work remotely or work from a mobile phone, this is a good option.

Finally, it is good to know that using this ERP is intuitive, which facilitates employee learning. This is a very interesting option if you prioritise simplicity.

Drawbacks of Microsoft Dynamics 365

The advantage of the integration of Microsoft Dynamics 365 also becomes an inconvenience. You will not be able to work with external partners and, in some professional contexts, this can be limiting.

Furthermore, it should be noted that the learning process or curve is longer than in other cases. This means that, as ERP, it is only suitable for environments where you know you will get the most out of it.

Conclusion

This ERP for SMEs comparison makes it easier for you to choose the right tool. At SEIDOR we have several specific solutions for small and medium-sized companies. Both SAP BUSINESS ONE and BUSINESS ONE SIMPLE are a total guarantee of success. Contact us to find out more!