Today, ERP (Enterprise Resource Planning) software are trusted by the world’s many big organizations as well as by lots of small and medium companies in 25 different industries. ERP software for small and medium organizations are helpful to make easy to access to critical data, applications, and analytical tools. They streamline the business processes across manufacturing, procurement, service, finance, sales, and human resource.
In starting ERP was considered out of reach by almost all the companies of small and medium enterprises (SME) sector and as a tool of fortune 500 companies who could expend enormous sums of money on purchasing the software, installing vigorous IT (Information Technology) infrastructure and could give manpower, money and time for its implementation. But with the change in time and with rise of lots of ERP solution providing companies the market got very competitive, at the present to grow and tolerate the growing expenditures the several software companies have developed marketing strategies to target small and mid size market. This has started change in the structure and design of present day ERP software to suit to the requirements of SME market.
At present there are lots of ERP software for small organizations as well ERP software for medium organizations. Some of the famous ERP software for SME sector are Sage ERP 100, Epicor Manufacturing Express, Great Plains, SAP, intact, Made2Manage, HeliumV, ERPNEXT, etc.
It is should be clear that the benefits of ERP software for small and medium organizations are more practical and realistic as compared to big organizations, as large organizations can invest manpower, money and time to find out an alternative way of doing tasks, that is difficult for SME because of the biggest requirement of the amount of money.
The professional services that a large organization can get, but a small or medium company may not be able to avail them. The ERP solutions for SME should be cost effective and easy to implement as a midsize company has to invest more as point of view of them to get the benefits of ERP software. Low cost and easy implementation alone cannot get ERP software down the throat of SME market. Some of the medium companies may be small in size and business, but they may be working in the market for pretty much time. And in most cases, such companies have many different types of systems working concurrently in an organization. When Enterprise Resource Planning is implemented to all of those systems either needs to be integrated with the ERP or the old records have to be converted according to the design and format required by the ERP to understand, for trouble-free and smooth working and transition.
This calls for a flexible structural design of ERP software that should be able to integrate with different platforms, software and operating systems.
Most of the small and medium enterprises would like to install ERP in a step by step procedure where they will switch on one module after another; this creates the implementation process easier and less awkward. To target SME (Small And Medium Enterprises) market lots of companies have started offering ERP software in suite that allows the customers to purchase one application with total functionality of a particular department of business such as CRM, SCM, Financial management etc and with easy and smooth integration facilities with other applications. The availability of top ERP software in cloud computing, hosted ERP, SaaS models has been the major factor that has played very important role in making Enterprise Resource Planning very popular in SME market.
Read about ERP Software Benefits. Also know What Is ERP System. Read about ERP Software Pitfalls.