Enterprise Resource Planning A.k.a ERP refers to a specific type of software that different companies frequently use for the purposes of managing daily business activities. These activities might include accounting, project management, risk management, supply chain operations or procurement. Some ERP suites also include enterprise performance management, which helps to plan, budget, predict and report on a company's financial matters. In this blog, we are going to discuss Cloud ERP software, which comprises systems that run on a vendor's cloud platforms instead of operating within the on-premises network. So, let's jump right in to discuss some of the top Cloud-Based ERP systems of 2021.
First, on the list, we have the NetSuite ERP solution. This system covers pretty much all business procedures that are integral for successful business operation. NetSuite's wide range of services makes it the most widely established systems in the market today. NetSuite is characterized by robust and comprehensive accounting capabilities along with transparency and compliance in its core and automation and precision in billing processes. This solution is also distinguished in its brilliant business intelligence, which contributes to a company's growth by using industry-specific insights.
Scoro is another top cloud-based ERP solution of 2021. This is a project management software, which helps companies to connect and organize multiple workflows and teams via thorough management tools. In addition, Scoro comes with invoicing tools, multiple currency support, and many other useful financial modules. Apart from this, Scoro offers a CRM, which can be incredibly helpful for improving sales and providing insightful analytics.
Next up, we have Kechie ERP. This robust platform covers a huge variety of ERP functions. Similarly to Scoro, Kechie also includes CRM, but it also offers excellent customer support, financial and inventory management and logistics. This software can be very advantageous for any company, from small businesses and start-ups to large enterprises, especially those in consumer goods industries. The main benefits of Kechie are its highly secured cloud infrastructure, helpful tools for automating and synchronizing most business processes, as well as powerful tools for analyzing and tracking your company's sales performance.
Brahmin Solutions is a cloud-based inventory and warehouse management software. This system is ideal for manufacturers, wholesalers, retailers and distributors, especially if they manage a business in several different locations. What's great about Brahmin is that it proved a centralized platform for monitoring and managing everything at once – inventories, sales transactions, manufacturing process, order fulfilment and accounting. Moreover, by always having access to real-time updates, you are able to stay ahead of replenishing your orders.
So, are you convinced that Cloud ERP systems are necessary for the effective functioning of your company yet? Remember to try out different software before you decide to implement a specific ERP system. You can start with the solutions that were discussed in our list. This way, you'll have hands-on experience with platforms and be assured they work for you. Also, as the digital world is constantly developing, make sure to keep an eye on updates and the latest ERP statistics in order to have an idea about the best practices of the year.
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