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Top 5 Enterprise Resource Planning (ERP) Software of 2024

By TechDogs Editorial Team

Overall Rating

Overview

Everyone likes predictability and orderliness, right? Yet, sadly, chaos reigns supreme in our world. Take this example: imagine a business where the accounting team uses dedicated software, the finances team uses Excel sheets and the inventory folks manage with sticky notes and pen-and-paper. Suddenly, the company needs to comply with an audit and collate information from every team. The scenario would most likely spell disaster!

Let's introduce the employees to a unified Enterprise Resource Planning (ERP) Software. With the help of this solution, our fictional beleaguered business transforms into a well-oiled machine ready to tackle any challenge. Finances are tracked in real-time; the accounts are up to date; the inventory is managed effortlessly – and most importantly, the data can be viewed and shared seamlessly across every team. Sounds much more efficient, right?

ERP solutions streamline workflows, automate repetitive tasks, centralize business data and provide real-time insights into the operations, making it essential for any business aiming to thrive in the modern world. If you want to revolutionize your business this year, dive in and discover the top 5 Enterprise Resource Planning (ERP) Software of 2024.

Read on!

In today’s modern landscape, large businesses and enterprises cannot risk becoming complacent. They need to adhere to the latest industry and regulatory compliances to ensure effective and successful operations. After all, the day-to-day activities span accounting, procurement, project management, financial compliance, supply chain and inventory operations among others.

Naturally, business stakeholders need a unified platform that enables them to collate and share data, gather insights and make strategic decisions while considering all aspects of the business. This is where Enterprise Resource Planning (ERP) Software swoop in to make their lives simpler!

Last year, we presented the top 5 ERP Software of 2023. This year, we bring you an updated list of the top 5 Enterprise Resource Planning (ERP) Software of 2024 – read on!

Top 5 Enterprise Resource Planning (ERP) Software Of 2024

Enterprise Resource Planning solutions are integrated platforms that help in managing every core aspect of a business. These systems provide a comprehensive, transparent view into the business processes by acting as a central hub for end-to-end workflow data, allowing various departments to access the unified data and insights.

So, here are the top 5 Enterprise Resource Planning (ERP) Software of 2024 – in random order!

NetSuite	SAP S/4HANA Cloud	Sage Intacct
Acumatica	Deltek Costpoint

Tool 1: NetSuite

NetSuite, founded in 1998 and based in Texas, USA is a pioneer in cloud-based enterprise solutions. With over 4,600 employees globally, NetSuite serves diverse clients, including Siemens, Cisco, Dassault Systems, Accuserv and others. The company has also received numerous awards, including the PCMag Editor's Choice Award for Best ERP Software 2024 and Leader – Winter 2024 by G2.

Source

NetSuite, retaining its place from last year’s list, is a comprehensive ERP suite featuring financial management, supply chain, inventory management, HR, automation, omnichannel commerce and CRM capabilities. Its cloud-based platform offers real-time visibility and robust scalability, allowing businesses to streamline their operations and drive growth across all verticals.

What’s more, NetSuite's single, integrated suite of applications gives users complete visibility into their business data and better control over decision-making. Its customization and integration with third-party applications ensure flexible and agile operations. Moreover, its advanced analytics, customizable dashboards and visual analytics capabilities provide actionable insights, enabling data-driven decision-making across the organization. With NetSuite, businesses can achieve operational excellence and boost innovation in today's dynamic business landscape!

Feature Ratings:

Ease Of Use: ⭐⭐⭐⭐⭐
Value For Money: ⭐⭐⭐⭐
Startup Friendly: ⭐⭐⭐⭐
Enterprise Friendly: ⭐⭐⭐⭐
Customer Support: ⭐⭐⭐

Tool 2: SAP S/4HANA Cloud

SAP SE, founded in 1972 at Weinhem, now headquartered in Walldorf, Germany, is a global software solutions leader with over 100,000 employees worldwide. SAP serves thousands of customers and major businesses such as Microsoft, Coca-Cola, Hyundai, Fanuc and more. The company has also earned numerous industry awards, recently being recognized as Best Global Culture – 2024 and Happiest Employees – 2023 by Comparably.

Source

SAP S/4HANA Cloud, a newcomer to our list, is a next-generation ERP solution that combines intelligent automation with business analytics. SAP S/4HANA Cloud's intelligent technologies, including built-in machine learning, digital assistants and advanced analytics, help enterprises transform their mission-critical processes while rapidly adapting to changes. It also delivers continuous updates via the cloud, making it a flexible, scalable and maintenance-free Enterprise Resource Planning platform.

Additionally, its cloud-specific architecture allows businesses to tailor the solution to their needs, so they pay only for what they use and need. This ERP Software also offers SAP HANA – a market-leading in-memory database that delivers real-time processing speeds and a significantly simplified data model. With SAP S/4HANA Cloud, businesses can unlock new growth opportunities and be the best version of themselves!

Feature Ratings:

Ease Of Use: ⭐⭐⭐⭐
Value For Money: ⭐⭐⭐⭐
Startup Friendly: ⭐⭐⭐
Enterprise Friendly: ⭐⭐⭐⭐⭐
Customer Support: ⭐⭐⭐⭐

Tool 3: Sage Intacct

Sage Intacct, Inc., (formerly Intacct Corporation) was founded in 1999 and is headquartered in California, USA. This leading cloud-based software provider has a dedicated team of 500 employees serving popular brands such as Voices, Edsembli, LogiSense, Major League Baseball and others. Sage has received recognition from G2 as one of the top 50 Commerce Products at the Best Software Awards 2024.

Source

Sage Intacct, appearing on our list for the first time, offers a flexible and scalable ERP Software that primarily combines accounting, payroll and HR functions for growing businesses. Its cloud-based platform provides AI-powered accounting to automate time-consuming processes, as well as dynamic allocations to automate business allocations and achieve greater visibility into the performance of business verticals.

What’s more, Sage Intacct's robust integration capabilities, including for business tools like Salesforce, enable seamless connectivity and collaboration. What stands out is its Dashboards and Reporting feature, delivering actionable insights with hundreds of out-of-the-box real-time, multi-dimensional reports and dashboards. With Sage Intacct, businesses can achieve operational efficiency, manage asset lifecycles and accelerate growth even in a competitive market.

Feature Ratings:

Ease Of Use: ⭐⭐⭐⭐⭐
Value For Money: ⭐⭐⭐
Startup Friendly: ⭐⭐⭐⭐
Enterprise Friendly: ⭐⭐⭐⭐
Customer Support: ⭐⭐⭐

Tool 4: Acumatica

Acumatica, founded in 2008 and headquartered in Washington, USA, is a leading provider of cloud and browser-based ERP solutions. With a global team of over 600+ employees spread over 7 offices, Acumatica serves over ten thousand clients, including those from businesses like Telesis, Inc., Redmund Inc., Demtech, Parallels and more. Acumatica has received recognitions such as Leader Small Business – Fall 2023 and Best Est. ROI Mid-Market – Spring 2024 by G2.

Source

Acumatica, making its debut on our list, is an adaptable ERP platform designed for small-to-medium businesses. Its flexible nature allows organizations to choose from cloud, on-premises or hybrid deployments, ensuring scalability and accessibility. Acumatica easily integrates with enterprise tools and systems, empowering collaboration across various business teams. It also delivers real-time business insights from a single source of truth, simplifies and synchronizes automation across multiple workflows and maintains compliance with GDPR, SOC Type 1 & 2, PCI DSS and other standards.

Additionally, Acumatica leverages open APIs to deliver rapid and comprehensive integrations to drive innovation while providing flexibility for remote collaborations. With Acumatica, organizations can achieve operational excellence by connecting multiple workflows of their business in the cloud.

Feature Ratings:

Ease Of Use: ⭐⭐⭐⭐
Value For Money: ⭐⭐⭐
Startup Friendly: ⭐⭐⭐⭐⭐
Enterprise Friendly: ⭐⭐⭐
Customer Support: ⭐⭐⭐⭐

Tool 5: Deltek Costpoint

Founded in 1983 and headquartered in Virginia, USA, Deltek is an American multinational software and information solutions provider. With over 3600 employees globally, Deltek serves major businesses such as AWS, Wade, TC Energy, Qarbon Aerospace and many more. The company has also received various awards and recognitions, recent ones including Leader – Spring 2024 and being recognized among the Best Software Solutions for the 14th consecutive quarter by G2.

Source

Deltek Costpoint, retaining its place in our list from last year, is a comprehensive ERP and accounting solution for businesses of all sizes. It offers unique features that include project accounting, resource management, compliance tracking and project lifecycle management capabilities. Deltek Costpoint boasts dedicated ERP modules for government contractors, commercial enterprises, small architecture and engineering consulting firms, agencies and construction firms.

Moreover, Deltek Costpoint allows businesses to view, edit and share their mission-critical projects’ data anytime and from anywhere, leading to real-time visibility into the operational performance. Costpoint also helps automate core processes with security, privacy and flexibility, enabling informed decision-making and strategic planning. With Deltek Costpoint, enterprises can achieve greater workflow efficiency while gaining a competitive advantage in the market.

Feature Ratings:

Ease Of Use: ⭐⭐⭐⭐⭐
Value For Money: ⭐⭐⭐⭐
Startup Friendly: ⭐⭐⭐⭐
Enterprise Friendly: ⭐⭐⭐⭐
Customer Support: ⭐⭐⭐⭐

Conclusion

There you have it – the top 5 Enterprise Resource Planning Software of 2024!

In the modern business arena, with dozens of diverse teams and hundreds of employees, enterprises need to unify their workflows, data and strategies for a comprehensive view of their business. This is what an ERP helps them achieve – without any fuss!

However, remember that every enterprise is unique. So, please make sure you evaluate each tool based on your needs, budget and challenges to make sure you pick the right one. Happy resource planning!

Frequently Asked Questions

What Are The Top 5 ERP Tools Of 2024?

The top 5 ERP tools of 2024 are NetSuite, SAP S/4HANA Cloud, Sage Intacct, Acumatica and Deltek Costpoint. These tools offer comprehensive features to manage various business operations such as accounting, procurement, project management, financial compliance and supply chain management, ensuring unified data access and strategic decision-making.

How Do ERP Tools Benefit Businesses?

ERP tools benefit businesses by providing a unified platform for managing day-to-day operations. They help streamline processes across various departments, ensure compliance with industry regulations and offer real-time data insights. This leads to improved efficiency, better decision-making, enhanced collaboration and increased overall productivity, ultimately driving business growth and innovation.

What Features Should I Look For In An ERP Tool?

When choosing an ERP tool, look for features such as financial management, supply chain and inventory management, human resources (HR) capabilities, customer relationship management (CRM) and real-time analytics. Integration capabilities with third-party applications, customization options, scalability and ease of use are also important to ensure the ERP system fits your business needs and can grow with your organization.

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Enterprise Marketing Management SoftwareNetSuite SAP S/4HANA Cloud Sage Intacct Acumatica Deltek Costpoint Top 5 Enterprise Resource Planning (ERP) Software of 2024 Enterprise Resource Planning

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