15 Best ERP Software to Use in 2024

ERP software is a must-have for modern, always-on organizations. These tools streamline and integrate how your team manages vital processes such as supply chain planning, HR, finance, manufacturing, project management, CRM, and procurement.

But here’s the catch: With so many ERP tools available at your fingertips, you can get confused along the way. In this comprehensive guide, we’ll help you:

• Choose the right ERP tool based on your personalized requirements
• Compare the 15 best ERP tools and highlight their pros and cons

What is ERP (Enterprise Resource Planning) Software?

Enterprise Resource Planning (ERP) software enables organizations to optimize and manage a wide range of daily operations, from accounting and procurement to project management and HR.

An enterprise resource planning system acts as a centralized platform that connects different departments, streamlines communication, and eliminates duplicate technology.

Here’s how it works: The ERP software system integrates these functions into a single system to supercharge efficiency, accuracy, and transparency across business processes.

4 Different Types of ERP Software

ERP software comes in various forms—each with specific features that can be mapped to different organizational needs. Let’s break down four popular types:

• On-Premise: These systems are installed and managed on your company’s servers. In terms of benefits, they offer full control over data and provide extensive customization. Businesses that prioritize security and have strong IT capabilities should go for this.
• Cloud-based: Hosted on the vendor’s servers, this type of ERP tool can be accessed online. Cloud ERP tools are cost-effective and flexible and eliminate the need for heavy hardware investments. Scalable businesses looking to support their remote teams should opt for cloud-based ERP tools.
• Mobile: This ERP tool type is designed for smartphones and tablets—meaning you can manage operations from anywhere. Since your team can access critical information at their fingertips, productivity skyrockets. This ERP software is perfect for field workers and traveling employees.
• Hybrid: Combining on-premise and cloud-based elements, hybrid systems offer a balanced approach. Want better control for sensitive functions? Check. Demand greater flexibility for other operations? Check. The hybrid ERP tool delivers on all accounts and can be adapted to specific operational as well as budgetary changes.

15 Best ERP Software for Your Enterprise in 2024

1. Nifty

Nifty is an all-in-one ERP solution that caters to all your Enterprise Resource Planning needs. It offers ERP-specific features to move your tasks along, balance resource availability, track time for the work being done, and create in-depth reports of what’s working and what isn’t.

Plus, Nifty’s all-new Orbit AI feature empowers you to streamline workflows—whether it’s converting conversations into actionable tasks, creating smart tasks, automating projects, or building bespoke documents such as social media calendar outlines as shown here:

Nifty’s AI functionality supercharges your workflow with intelligent project management features.

Key features:

• List View of tasks: Use Nifty’s List View to manage tasks flexibly with customizable grouping, filtering, sorting, and bulk actions:
• High-volume task management: View multiple tasks with customizable column orders.
• Filter bar: Filter tasks by assignees, due dates, milestones, tags, completed, and archived statuses. You can use the search function to find specific tasks.
• Sorting: Arrange tasks by assignees, due dates, tags, milestones, and custom fields.
• Custom columns: Add and organize custom fields to categorize and display essential information. You can customize columns for your view without affecting other project members.
• Rearrange Statuses: Adjust status order and collapse lists to focus on important tasks.
• Bulk Actions: Select multiple tasks using shift/ctrl for efficient management.

All in all, Nifty’s List View ensures that your most important tasks are at the forefront, keeping nothing overlooked.

• Time tracking: Nifty’s Time Tracker allows you to easily track time spent on individual tasks and projects. You can export the data to CSV or PDF formats to ensure accurate time management. Use this feature to stay on top of project progress:
• Built-in time tracker: Team members (read: Owner, Admin, Team Members, etc.) can track their time, while Custom Roles can have controlled time-tracking parameters. With this feature, you can track time vs estimates and manage resources by viewing how long team members spend on specific tasks within and across projects.
• All-project time logs: You can easily download the Project Progress Report using Overviews to show the total time tracked across all active projects within your Workspace.
• Project Time Logs: This feature enables you to filter and download time logs for specific projects at one click:

• Resource management: Nifty doubles up as a powerful resource management software for remote as well as software development teams. You can add available assignees to a task directly by searching their name within a task:

You can also manage materials, equipment, etc., with this all-purpose feature.

• Reporting: Nifty offers two main types of reports: Project Reports and Workspace Reports. Project Reports focus on individual projects, including Milestone, Task, and Time Reports, and can be exported as CSV, PDF, or Print files. Workspace Reports provide a broader view of team performance and project health across multiple projects, including Overview, Project Progress, Workloads, and User-based Time Reports, with similar export options:

Pros:

• Simple to use with feature-rich project management functionalities such as client communication, task assignment, document organization, and so on
• Kanban, List, and Timeline views are ideal for flexible task management
• Offers a high level of customization and is affordably priced for the kind of features offered
• Allows for Google Calendar integration
• Available to use on all platforms

Cons:

• Lacks the ability to add voice notes for users inside Nifty Docs

Pricing:

• Free plan offers a generous free forever plan with unlimited users and tasks.
• Starter plan starts at just $5/user.
• Pro plan begins at $10/user.
• Business plan comes at $16/user.
• An Enterprise plan is also available upon request

Ready to use Nifty for your ERP?
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2. Microsoft Dynamics 365

Microsoft Dynamics 365 is an enterprise-grade, full-featured ERP tool that connects your sales, operations, finance, and support teams into one application. The result? You get better output, increased accuracy, and interconnected data systems. Whether you want to use it for accounts, general ledger, inventory management, or warehousing, this ERP tool delivers on all fronts.

Pros:

• Offers extensive integration options and support for Microsoft 365 apps such as Outlook, Azure, Excel, SQL Server tools, Power BI, etc.
• Allows for role-based security
• Offers step-by-step guidance for onboarding, making deployment easy
• Provides valuable insights and intelligence for the next best action

Cons:

• Some users feel that the interface is cumbersome and clunky
• The menu, as well as the field selector, is not intuitive
• Users are unable to extract underlying tables easily
• The customer support too lacks in proactivity

Pricing: Custom pricing for different teams

3. Xledger

Xledger is one of the best cloud-based accounting software and ERP tools for accounting and financial teams. You can save all your financial data, such as asset management, procurement and inventory, accounts receivable, etc., in one place and get real-time insights into your firm’s financial performance.

Pros:

• Offers a centralized dashboard with a comprehensive snapshot of your HR, accounting, and project financials
• Users claim the tool is easy to use, thanks to its home dashboard, which neatly collates everything in one place
• Allows for timely updates in the backend without causing issues for the user
• Helps automate key tasks such as invoicing, bank reconciliation, etc., and enables users to save time

Cons:

• The tool is known to experience a downtime of 30 to 60 minutes, affecting work hours in the process

Pricing: Contact the team

4. ClickUp

ClickUp is known as a productivity and project management software. Its versatile capabilities include helping users manage resources, time, goals, and tasks. If you want options for customized views and custom fields, ClickUp is worth looking into.

Pros:

• The free plan is feature-rich and excellent for startups and smaller businesses
• Helps migrate important data from existing systems and ERP tools without much effort

Cons:

• The tool’s mobile app lacks the robust features of the desktop version
• Some users report the tool lacks options for automation

Pricing:

• Free Forever: $0
• Unlimited: $7/user/month, billed monthly
• Business: $12/user/month, billed monthly
• Enterprise: Contact the team

Click is a good ERP software. Know why Nifty is better.

5. Acumatica

Acumatica is a flexible ERP tool that allows you to work from anytime, anywhere. It helps you to integrate reports from multiple businesses as well as operational data into financial ERP easily. If you struggle to pass audits, this tool is for you.

Pros:

• The tool is intuitive to use, and its support system (read: Acumatica Community) is robust as per real-time users
• It offers seamless integration with other APIs

Cons:

• Users want the Fixed Assets module to be enhanced in terms of reporting and functionality
• Some financial reports are not as versatile as they should be

Pricing: Contact the team

6. SAP ERP

If you are looking for an ERP system that offers advanced analytics leveraging artificial intelligence and machine learning, SAP is for you.

With SAP ERP, you can easily connect to other SAP software. This platform provides important ERP features such as treasury and cash management, support for financial closure, flexible international trade compliance, and valuable insights into your customers and employees. SAP ERP is designed to handle virtually any business process, allowing you to adjust your system based on your needs and budget.

Pros:

• Provides integration with other SAP solutions such as SAP Business ByDesign, SAP Commerce Cloud, SAP Business One, and so on

Cons:

• The tool has a steep learning curve, especially if plan to upgrade to the full suite of SAP applications

Pricing: Contact the team

SAP is expensive; Nifty is an affordable ERP tool.
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7. Monday

You might think Monday.com can’t be used as an ERP system, but its flexibility will make you think again. This low-code open tool helps you create workflows, apps, and integrations that are perfectly suited for your business use cases.

Pros:

• Helps you to create a centralized finance workspace by allowing you to seamlessly integrate with existing tools
• Offers teams a single source of truth by collating data from multiple sources
• Provides advanced automation, in-depth data analytics and reports, and customized workflows

Cons:

• The platform’s learning curve is a bit steep for first-time users

Pricing:

• Free: $0 (up to 2 seats)
• Basic: $9/seat/month
• Standard: $12/seat/month
• Pro: $19/seat/month
• Enterprise: Contact the team

8. Oracle ERP

Oracle ERP is known for its end-to-end analytics, particularly relating to general ledger. If your business handles mountains worth of data every day and wants an enterprise resource planning system to make sense of it, Oracle ERP fits the bill. You can manage multiple databases with one single server.

Pros:

• Offers ERP solutions for enterprise asset management, project management, procurement, risk management, financial management, and more
• The tool scales easily as your business functions expand

Cons:

• The platform’s licensing is on the higher end, which may not be suitable for small and mid-sized organizations

Pricing: Contact the team

9. Syspro: Next-level ERP software

Syspro is not one of the easiest ERP tools to use but if you have some experience in ERP, it is a good, versatile choice. The platform offers open access to the database, making it a hit among users. Built on the SQL database, users of all roles can use it such as end-users, administrators, etc. In terms of usage, the features and possibilities are endless.

Pros:

• The tool is highly customizable as it allows users to customize it according to their specific needs—there’s no need for an expert application developer to make these personalizations
• The platform is easy to use, and the Syspro Forum helps users get answers to important questions in real time

Cons:

• The documentation is hard to find and limited
• The tool lacks in key ERP areas such as shipping, warehouse management, and inventory cycle counting

Pricing: Contact the team

Do you know Nifty is also widely used for Construction ERP? Explore use case

10. NetSuite ERP

NetSuite, now owned by Oracle, is a unified ERP tool that handles all your essential data—from CRM and eCommerce to financials and HR. NetSuite provides real-time visibility into your business processes. You can also easily track inventory levels and financial metrics while automating key production and dispatching processes to reduce human error.

Pros:

• Excellent financial reporting analytics features
• Extremely customizable dashboards and reports, allowing users to scale the system as per their immediate requirements

Cons:

• The tool is expensive to use, especially if you want to use new add-on features
• Since it is cloud-based, you need internet connectivity to use the tool

Pricing: Contact the team

11. Epicor

Automotive, real estate, hospitality, and manufacturing organizations looking for an ERP tool might find Epicor right up their alley. Whether you want to improve your supply chain process or get invaluable insights into business performance, Epicor offers two features:

• Epicor iScala: Streamlines finance, operations, and supply chain processes for smaller organizations
• Epicor Kinetic: Helps large-scale enterprises to work intelligently and in a connected environment with an industry-tailored cognitive ERP tool

Pros:

• Offers consistent customer support 
• It provides modules to support diverse organizational functions, such as finance, manufacturing, supply chain management, inventory management, and customer relationship management (CRM).
• Delivers robust reporting and analytics with insights into business operations
• Ability to track key performance indicators (KPIs)

Cons:

• Implementing the tool can be complex and time-consuming
• Costs associated with maintaining Epicor ERP are high
• Requires plenty of support and training to be able to use the tool effectively

Pricing: Contact the team

12. Asana

Streamlining your organization’s tech stack is not easy, but Asana makes it so by meeting your business needs and merging all your tools into one comprehensive work management tool. You can easily integrate everyday systems and apps such as Slack, Zoom, Microsoft Teams, Google Workplace, Jira, etc., and boost efficiency.

Pros:

• Offers useful integrated apps such as Google, Microsoft, etc.
• Provides amazing collaboration and communication features

Cons:

• Some users report that the Mac app crashes from time to time

Pricing:

• Personal: US$0
• Starter: US$ 13.49/user, billed monthly
• Advanced: US$ 30.49/user, billed monthly
• Enterprise and Enterprise+: Contact the team

13. Genius ERP: ERP software for Aerospace Manufacturers

Want to integrate manufacturing and engineering processes? Genius ERP is a powerhouse ERP system built to make life easier for businesses, especially those in custom manufacturing. This software covers everything from monitoring inventory and orders to handling customer relationships and accounts.

Pros:

• Is easy to use and offers excellent high-level reports with the option to dive into granular details
• Offers the ability to create own reports as well as forms
• The ShopFloor module puts important data, such as drawings, quality controls, pickup locations, work orders, etc., at the manufacturing team’s fingertips

Cons:

• Some users claim that modules like quoting don’t work properly
• Others claim that the implementation process is challenging

Pricing: Contact the team

14. Dolibarr ERP CRM: Open Source ERP software

Dolibarr is among the best free ERP solutions for small and mid-sized businesses. An open-source tool, It is available for all operating systems. Plus, It has you covered with modules for everything—HR, CRM, sales, eCommerce, point-of-sale, inventory, finance, productivity, and development.

Pros:

• Installation is quick and easy
• Offers helpful connectors for project planning, CRM, and accounting
• Provides extensive third-party integrations such as LDAP, Paybox, Google Maps, Contacts, Magento, WooCommerce, and so on 

Cons:

•  Its integration with an electronic commerce system can be improved upon
• Does not offer a handy knowledge base

Pricing: Contact the team

15. TallyPrime

Our final suggestion is TallyPrime, a custom ERP system for SMBs. While the interface might seem a bit old-school, its range of ERP features is robust enough to support growing SMBs. TallyPrime excels in ERP reporting and offers over 400+ templates that can save you time. You can customize these reports with fields for multiple warehouses, supply chain management, multi-currency transactions, order processing, and cost centers.

Pros:

• The bookkeeping feature is accurate and speedy
• E-Invoicing is advanced and user-friendly as you can generate e-Invoices at your fingertips with just your User ID and password
• User-friendly ERP tool

Cons:

• Product updates are few and far between
• Lacks essential ERP features such as multiple GSTIN management for a single company, cloud operations, GST reconciliation, etc.

Pricing: Contact the team

How Do You Choose the Best ERP Software?

Before you look for ERP software, identify the key users of this software. Make a list of these users and ask them to document critical challenges they face in day-to-day operations.

Use these factors to accelerate your search for the best ERP software as you continue to fine-tune your tool selection methodology:

• Problem-solving features for core business processes: The idea is to use a tool that helps you address specific problems that your teams face. With the challenges you identified earlier on, you can prioritize the needs of different users, such as managers, employees, power users, etc. This information will form the basis of handy ERP features as well as functionality you’ll need pronto.
• Licensing for key users: Does your entire company need ERP software, or will you add ERP access to specific roles only, such as department heads, for instance?
• Organizational requirements: Analyze if the ERP tool can help you improve process efficiencies for different roles such as project management, financial, CRM, supply chain management, etc.
• Integration prowess: Are you going to integrate your payroll, human resources, accounting systems, inventory management, etc., into one tool? Or will you keep a few existing tools and use ERP software to add to your organization’s productivity? You must assess the potential ERP tool’s integration capabilities to ensure data flows freely from one system to another and there are no hiccups in using the tool later on.
• Customization and scalability: As your business use cases expand in scope, your tool should be able to scale with it. You want a tool that you can customize to fit your real-time needs.
• 360-degree costs: When it comes to assessing the budget for the ERP tool, account for maintenance and implementation costs in addition to the actual costs of the software.
• Quality of support: The tool should offer an extensive knowledge base comprising how-to guides, videos, and documents. The customer support team should have a reputation for being proactive and available in times of distress.

ERP Software: Give Processes an Edge and Efficiency a Boost

If implemented accurately, the right ERP tool can streamline operations and drive business growth. But you need to first identify:

• What processes are working well, and which ones do you want to improve
• What outcomes do you want to gain
• How you will measure success
• How the tool will into your existing systems and processes

We’ve provided 15 great ERP tool options in this guide, so you may have a problem of aplenty. If you’re still unsure, sign up for Nifty and go for a free trial—nothing compares to seeing the ERP software in action.