comparison between erp software
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Comparison Between ERP packages
BYC.S.Gowsick(16MI31)
Department of Mechanical Engineering PSG College Of Technology
CoimbatoreMonday, May 1, 2017 1C.S.Gowsick(16MI31)
Agenda
Introduction
Enterprise Resource Planning software (ERP)
ERP Modules
ERP Vendors
Top ERP Vendors
Types of ERP vendors
How to compare?
Conclusion
Reference
Monday, May 1, 2017 2C.S.Gowsick(16MI31)
INTRODUCTION
In present Days so many software engineers trying to develop a new ERP
software.
We should find Appropriate ERP vendors for our Organization or a firm.
If not the organization tends to huge loss.
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Enterprise Resource Planning software (ERP)
Enterprise Resource Planning software (ERP) packages are complex
systems that accommodate a variety of business functions such as
accounting, inventory, order processing, purchasing, contact management
and customer communication.
Due to the complex nature of ERP systems, it can be difficult to compare
them, especially when evaluating more than 2-3 potential vendors.
The following are several ways you can differentiate between software
offerings
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ERP Modules
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ERP Vendors
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Top ERP Vendor
Source: Apps Run The World, June 2016
The top 10 ERP software vendors accounted for nearly 28% of the global ERP applications market
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Types of ERP Vendors
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Types of ERP Vendors
TIER 1:
1. The Tier 1 ERP solutions are basically SAP and Oracle
2. They are designed to service the needs of Fortune 1000 companies,
which for the most part are complex, large businesses that have many
departments and global locations
3. Revenues are typically in measured in billions
4. Tier 1 ERP solutions generally take a long time to implement and are
equipped with a wealth of features at a pretty high price.
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Types of ERP Vendors
TIER 2
1. Tier 2 ERP systems fit well with mid-size companies
2. They can be installed and supported by local partners and offer a lower
Total Cost of Ownership
3. The Tier 2 market is the largest of all the tiers in terms of the number of
potential customers
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Types of ERP Vendors
TIER 3
1. These products do not offer the functionality of Tier 1 and 2 solutions
2. We get basic accounting abilities with these small business tools.
3. They have a low TCO and are easy to implement.
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How to Compare??
Software Tier
Deployment Method-This will impact on cost of installation and resources
needed. For smaller business, cloud based solution tends to be better.
The People behind the Software
The Price
Meeting Your Needs (Customization and Software Fit)
Company History and Current Standing
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ERP Vendors comparison
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Conclusion
An ERP system has a huge impact on the success and growth of
organization so it's important to follow a detailed selection process when
choosing your system.
Manufacturing growth today is being empowered by ERP software.
In fact, ERP is driving manufacturing growth in four key ways:
Collaboration, Responsiveness, Simplicity, Mobility
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Reference
www.compudata.com
www.technologyevaluation.com
www.erpandmore.com
www.ERPfocus.com
www.softwareinsider.com
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THANK YOU
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