9 Best SaaS ERP Software Solutions 2022

What is SaaS ERP?

Enterprise Resource Planning (ERP) is a system that automates all business processes and manages all business activities: marketing, sales, accounting, human resources, etc. In which SaaS or Software as a Service is one of the cloud-based ERP models of solution.

Instead of running on the purchasing organization’s servers and infrastructure, this SaaS ERP software runs in the ERP vendor’s data center (known as on-premises ERP). It also allows end-users of the business to access the software remotely via the internet or other software service provider networks.

More businesses nowadays choose solutions to standardize their most essential business processes. They want to increase efficiency and return-on-investment (ROI). As a result, global ERP systems are becoming the preferred solution for businesses of all sizes.

Selecting a software deployment model is just as important as choosing the correct ERP solution. For instance, here are some common models to consider to assist you in making the proper decision:

For many businesses, each ERP method has its advantages and disadvantages. Selecting whether to employ software as a service (SaaS), or cloud ERP may be a complex and challenging process for many businesses.

To find out which solution is suitable for your business, match your requirements with what a particular solution offers. Thus, this article will take you to learn the pros and cons of the top 9 SaaS ERP software so you can better visualize them. After that, you can know which solution is for your business

In addition, read more about Best Cloud ERP Software Solutions 2022

Sage X3 is a Sage Group enterprise resource planning solution for established enterprises. Its products include SaaS accounting software that allows businesses to make payments, monitor and pay invoices, and manage payroll.

Sage’s online ERP software will improve your company’s operations and development possibilities whether you manage a small business or a major multinational. Our SaaS ERP software also offer secure cloud and mobile access, threat intelligence monitoring, and regular system patches to protect your business-critical data.

Pros

  • Helps your business grow and stay competitive by giving users the information they need to serve their customers better. It also controls quality and eliminates inefficiencies across the organization.
  • Optimizes your core operations while adapting to industry best practices, from manufacturing to distribution and financial management to business services.
  • Many people praise Sage X3’s user-friendly design, praising its simple and clear dashboards.
  • The software is also well-known for its great level of customization. The tool may be expanded out and customized to match the demands of different business lines with the correct strategy and specialists to carry it out.
  • Industry-specific modules are already available in Sage X3. There are no additional compliance processes or product adjustments required.
  • Sage X3 provides completely integrated online services, allowing businesses to generate relevant customer and process analytics from their websites and customer databases.

Cons

  • Because Sage’s Crystal Reports are difficult to use and export, many businesses must choose customized development to meet their reporting needs.
  • The main language of Sage X3 is a proprietary 4GL language. Few companies have the in-house expertise to handle settings in this language. So they must turn to third-party providers for advice and implementation.
  • Customer care professionals from Sage frequently lack the technical, geographic, or industry-specific knowledge required to help consumers.
  • It is not appropriate for businesses with less than $10 million annual revenues.

SAP S/4HANA is SAP’s ERP system for large businesses. It is the successor to SAP R/3 and SAP ERP. SAP S/4HANA is the acronym for SAP Business Suite 4 SAP HANA. Similar to the switch from SAP R/2 to SAP R/3, it brings in the following significant wave of innovation for SAP clients.

With artificial intelligence and next-generation best practices, SAP S/4HANA Cloud empowers every employee to make smarter choices quicker. Using integrated processes, plan, schedule, and execute asset maintenance tasks to achieve operational excellence.

Pros

  • Due to SAP HANA’s source-agnostic features, you can get data from various external data sources. As a result, data integration is simple.
  • You may save the business insights in a Persistent Data Repository and recover them in the case of a failure.
  • Data modeling and design technologies enable data models to be very flexible and virtual. It also facilitates the modeling and remodeling process.

Cons

  • SAP HANA is only compatible with SAP or SUSE Linux-certified hardware, and license costs are quite expensive.
  • Because of the many business systems, SAP HANA does not support all ERP solutions. To be compatible with SAP HANA, ERP customers must update their system.
  • The previous version quickly became obsolete due to frequent SPS releases and upgrades. Thus, it may cause inconvenience to the user because they must pay for a new update every time, and upgrading is time-consuming.
  • Hybrid HANA solutions, such as operating it partially in the cloud and partly on-premises, generate a lot of problems and don’t work well.
  • Typically, developers who keep to their old ways of working with database technology cannot fully utilize SAP HANA. Despite SAP HANA’s many other features and functions, they only use it as a fast in-memory database.

SAP Business One is a business management SaaS software (ERP) developed by SAP SE for small and medium-sized businesses. It seeks to automate essential business functions in financials, operations, and human resources as an ERP system.

SAP Business One is divided into 15 functional modules that cover the most common functions in a company. Financials, Sales Opportunities, Sales — A/R, Purchasing A/P, Business Partners, Banking, and Inventory are the most utilized modules.

Pros

  • The implementation of SAP Business One takes only a few weeks (especially with the help of an experienced ERP management consultant). That means you’ll be able to analyze all of the real-time data you can handle in a shorter time.
  • Without needing to query the system, SAP Business One features an automated alert feature that delivers you important information.
  • Its main feature is to work as a single system that allows all business members to easily access your accounting, inventory management, CRM, and even human resource data.

Cons

  • SAP Business One cannot provide you with data relating to the payment of your workers.
  • Even if you don’t need some Business One modules, you’ll have to pay for all of them if you want to use SAP’s business software.

Read more information here: SAP Business One ERP

Epicor ERP is a distribution, manufacturing, services, and retail-focused enterprise system. It works in a variety of operating platforms and may be installed on-premise or as a SaaS solution.

It helps mid-sized, and big businesses combine data, discover insights, and promote data-driven decisions to increase production, efficiency, and revenues.

The ERP includes an end-to-end framework that manages all of your activities, from finance to accounting and CRM to project management, inventory, and human resource management.

Pros

Cons

Sage Intacct is a SaaS financial management software that integrates finance, accounting, and cloud computing. That solution is a popular tool for improving process efficiency and increasing business growth.

It also offers a variety of options to meet the needs of any financial organization. Spending management, order management, cash management, and account payables, and receivables are some of the possibilities available.

Pros

  • Financial and non-financial teams will find the system simple to use.
  • A single shared chart of accounts keeps the total number of accounts to a manageable level.
  • The cloud platform allows customers to view their finances at any time of day or night.
  • Each quarter, Sage Intacct Reporting and Dashboards deliver hands-off upgrades.
  • Sage Intacct’s open, public API provides a great deal of flexibility and integration choices.
  • Its community and your implementation partner will provide ongoing support, education, and training.

Cons

Plex Platform is a SaaS ERP software that connects people, systems, machines, and supply chains through MES, ERP, supply chain management, Industrial IoT, and analytics.

In addition, it enables manufacturers to connect, automate, track, and analyze every aspect of their business to drive business transformation.

Pros

  • The core functionality is excellent. Because program management, advanced quality, maintenance, custom reporting, and human resources are all features that other ERPs lack.
  • Ease of use for anyone who has dealt with line-of-business software that is web-based-allows for a reduction in total IT costs.
  • It’s good to be able to keep track of everything related to employees and manufacturing.

Cons

  • The MRP, routers, and BOMs are all disconnected, making planning extremely difficult.
  • The software’s clunky functionality and current business intelligence tools make it challenging to use.
  • It was a bit difficult to get everything set up. The user interface is also a little out of date.

NetSuite is one of the best SaaS ERP systems for small to medium-size businesses and also works for larger corporations. It’s an all-in-one cloud business management solution. Because it automates essential activities and provides real-time visibility into operational and financial performance. In conclusion, this SaaS ERP software allows businesses to run more efficiently.

NetSuite provides ERP management features to serve finance, operations, sales, service, and HR needs across departments. Over 40,000 businesses in more than 160 countries use NetSuite ERP.

Pros

Cons

  • The process of personalization is complex. That requires competent Netsuite service provider maintenance and support.
  • As the number of users and accounts grows, so does the expense of maintaining the ERP system.

Industry 4.0 is here, and Striven is ready to help manufacturers face the most current challenges and opportunities. Starting at $20 per person, Striven is an entirely cloud-based, mobile responsive ERP. Striven uses clever design ideas in conjunction with the manufacturing businesses that give you a cost-effective, agile solution.

Pros

  • Striven’s four pillars are speed, data management, customization, and ease of use. Striven assures your success even before deployment by focusing on these benefits.
  • Striven’s customer support team is entirely in-house and situated in the United States, so it’s always accessible when you need it.
  • Striven is designed to work for small, mid-size, and expanding businesses with various demands based on their size and specialty. Because it is completely scalable and natively integrated.
  • Striven is a platform for automating, simplifying, and unifying your production processes.
  • Striven’s inventory management system has made it incredibly simple for us to process, ship, and bill orders in a timely and effective manner.

Cons

  • Payroll is not included.
  • It takes some time to get used to the calendar function.
  • Reporting and search capabilities are limited, which might be inconvenient.

Microsoft Dynamics 365 Business Central is a comprehensive business management solution designed for small to medium-sized businesses.

There are three deployment options:

  • Cloud — fully managed by Microsoft cloud service.
  • Cloud + Edge — a central cloud node with locally stored application services and business data
  • Local Business Data — on-premises business processes and data storage

Pros

  • Automate the creation of bills of materials for production.
  • Instead of re-entering quotations, sales orders can be created from them (this did require some bolt-on software). There is less duplicate effort, and there are fewer entry mistakes.
  • User-friendly; training isn’t required to teach users how to use it, enter data, or produce results.
  • It’s safe because it’s set up with a password and permission account.
  • General accounting, A/R, A/P, Fixed Assets, and Budgeting requirements are all flexible and customizable.

Cons

ERP Implementation & Integration with Beehexa

In conclusion, all SaaS ERP software solutions mentioned above are effective, but they each have their own set of problems and advantages. Because businesses have their unique objectives and needs, making it impossible to suggest one system to all.

As with any large project, you must take things one step at a time with a SaaS ERP implementation plan. Because SaaS ERP implementation is the process of planning, configuring, and implementing a SaaS ERP system. So this process will take several months because of its complexity in supporting and automating many different functions.

This implementation needs to be careful, divided into several stages, and have a clear direction. Additionally, organizations need to carefully define their requirements, determine how to redesign their processes, and rigorously test them before implementation.

It can be seen that the SaaS ERP implementation process is very complex. Besides its benefits, there are still many challenges in the implementation process that business owners need to overcome. It’s normal to worry about SaaS ERP implementation failure, but luckily, we — Beehexa are here to help you through the SaaS ERP implementation process every step of the way.

In addition to helping businesses with SaaS ERP implementation, we also provide an integrated solutions SaaS ERP — HexaSync integration platform. Our platform, acting as a middleware, will help your businesses automate your operations seamlessly by connecting perfectly to both your legacy systems and modern SaaS applications.

If you want to learn more about HexaSync — a great product for your SaaS ERP Integration Strategy. Please contact us immediately. We will provide advice and demos to guide you in using this product. We are happy to schedule a demonstration to help you in your SaaS ERP implementation process today.

Originally published at https://www.beehexa.com on January 6, 2022.

--

--

--

Beehexa developed HexaSync Integration Platform to help the companies connect their applications to automate their business processes.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
beehexa

beehexa

Beehexa developed HexaSync Integration Platform to help the companies connect their applications to automate their business processes.

More from Medium

Top 6 strategic tech trends for 2022

Decoding Freelancing Boom And The Employees Resignation

Best Podcasts for Digital Nomads in 2022 — Andy Sto

Online-Hustling #101

online hustling and how to do it right