Organizations evaluating ERP software have hundreds of systems to choose from. To give you an idea of how many there are, we track more than 250 systems in our internal ERP vendor database.
Clearly, the ERP comparison process can be daunting, which is why we developed our 2022 Top 10 ERP Systems Report. Based on our experience with hundreds of ERP systems, our list of top 10 ERP systems highlights the vendors that our ERP experts have found to be strong in functionality across a variety of industries, including manufacturing, distribution, professional services, retail, government, and more.
To learn what these top ERP systems have to offer, continue reading for an overview of each vendor.
Overview of the Top 10 ERP Vendors
Our report provides more specific details, but below is an overview of the top products from the best ERP vendors:
The SAP systems featured in the report include SAP S/4HANA, SAP Business One, and SAP Business ByDesign.
SAP S/4HANA is considered one of the top 10 ERP systems and provides embedded analytics, machine learning, and robotic process automation, while SAP Business One is a solution that fully integrates with this platform but is designed for small to midsized organizations. SAP Business ByDesign is another product designed for small to midsized organizations. It is a single cloud solution with pre-built processes and real-time analytics.
Recently, SAP has been reducing complexity in its software and implementations. They’ve done this by focusing on industry-specific models and moving away from heavy programming to increased software configuration.
For example, they are moving many clients from SAP ECC (an on-premise system) to SAP S/4HANA (a cloud system).
The Oracle system featured in our top 10 ERP systems report is Oracle Fusion Cloud Supply Chain & Manufacturing.
As one of the top ERP systems, it is an integrated applications suite that provides a complete picture of your finance and operations. It includes blockchain and IoT capabilities that connect your operational, customer, product, and machine data.
Oracle provides solutions for a variety of industries. The vendor’s customer base includes many data-rich clients that tend to invest in analytics and infrastructure, as well as tools like artificial intelligence and machine learning.
Many of these clients are moving to Oracle’s new cloud offerings.
The Microsoft systems featured in our top 10 ERP systems report include Microsoft Dynamics 365 Supply Chain Management and Dynamics 365 Business Central.
Supply Chain Management includes mixed-mode and complex manufacturing capabilities as well as a full suite of warehouse management capabilities. Business Central is designed for small and midmarket businesses and can be extended with industry-specific applications from the Microsoft AppSource marketplace.
As one of the best ERP vendors, Microsoft has recently put significant effort into developing its Dynamics CRM solution, which has integration and commonalities with the Dynamics 365 ERP solutions.
A fun fact about Microsoft is that the vendor tends to frequently rely on value-added resellers (VARs). In fact, one of our clients, a Native American community, was looking for an ERP system, and they worked with a Microsoft VAR specializing in tribal government ERP systems.
The Infor systems featured in our top 10 ERP systems report are Infor’s industry-specific CloudSuites.
These CloudSuites provide pre-built industry capabilities and include AI that anticipates, recommends, and derives insights. The CloudSuites also provide cloud-enabled data aggregation and workflow integration.
As one of the top ERP systems, Infor has recently increased its focus on its CloudSuites as well as its digital platform, functional apps, and analytics offering. We have found that many organizations are using Infor’s analytics capabilities to change their company’s business model.
5. Oracle NetSuite
The NetSuite system has cloud-native architecture. Being one of the top 10 ERP systems, NetSuite is an all-in-one cloud solution that provides real-time visibility into your organization’s operational and financial performance. With applications for everything from accounting to warehouse management, the solution is designed for organizations of all sizes.
The IFS system is tailored for the aerospace & defense, engineering, construction & infrastructure, energy, utilities & resources, manufacturing, and service industries. It is a single solution designed for large enterprises and mid-sized organizations that includes artificial intelligence, augmented reality, and machine learning capabilities.
As one of the top 10 ERP systems, the SYSPRO system includes industry-specific functionality for manufacturers and distributors across a group of selected industries. While it is a single solution, organizations can still choose from several different types of software, including, but not limited to, Distribution Management software and Manufacturing Management software. Both of these allow low or no code tailoring and customization, specifically in the area of business intelligence.
SYSPRO has a strong market presence in Europe and is making inroads into the U.S. market.
The Rootstock system was developed on the Salesforce platform and provides a single solution for manufacturers, distributors, and supply chain companies. Being one of the top 10 ERP systems, it includes financial management capabilities with multi-company, multi-currency, and consolidated reporting capabilities. In addition, it supports multi-mode manufacturing, engineering change control, inventory management, and eCommerce connectability.
Acumatica, like NetSuite, has cloud-native architecture. This cloud-based ERP solution is designed for small to mid-sized businesses. It provides a full suite of integrated applications, including financials, distribution, manufacturing, project accounting, field service, retail-commerce, construction, and CRM.
Being one of the top ERP systems, the solution allows native integration to BigCommerce and Shopify and enables you to add capabilities as your business grows.
10. DELMIAworks (formerly known as IQMS)
The DELMIAworks product is a comprehensive manufacturing ERP and manufacturing execution system (MES) specifically designed for mid-market manufacturers. Both discrete and batch process manufacturers use the solution, which includes functionality for the entire manufacturing process. A key feature is the touchscreen-based shop floor interface with configurable work center dashboards.
Top 10 ERP Systems Report for 2022
This report is relevant to organizations across industries and outlines the best ERP vendors that we believe will help organizations prosper in 2023.
What Does This Mean for Your ERP Selection?
Our top 10 ERP comparison is only the starting point to selecting the right ERP system. More ERP selection tips can be found in our ERP Selection Guide.
Your organization ultimately needs to decide what section criteria are most important, then narrow down your options based on these criteria. This may or may not lead you to consider one of the top ERP systems.
Panorama’s ERP consultants have helped hundreds of organizations select the right ERP system and develop an effective ERP project plan. Contact us below and be sure to download our 2022 Top 10 ERP Systems Report.