As of 2019, around 77 percent of companies in Germany are using ERP systems and that number continues to increase. With ERP moving towards mass adoption the more relevant question is no longer should we use an ERP but instead which ERP should we use. This shift is not only due to the functional scope of the system, but also cost factors. Since implementing an ERP initially requires an investment from the business it is important to make the correct decisions at the beginning and know what different solutions have to offer to best fit your needs.
First off, what is an ERP system?
ERP stands for Enterprise Resource Planning. An ERP system is an all-inclusive program that supports, controls, and connects different functions within your business into one centralized place that can even be accessible from both on and off-site when utilizing the cloud. It replaces specialized software for individual applications, avoiding the common miscommunications that come with using multiple systems.
Multiple Business Applications
ERP systems adapt to match your business needs and give you invaluable visibility. They can be used to automatically manage your staff, create notices, invoices, quotes and other documents to save time for your management staff. They also have the ability to directly maneuver the production of goods. It gives you more control over your stock and supply chain to better fulfill order and anticipate demand.
Quick comparison of SAP ByD and NetSuite:
The name SAP has long been synonymous with enterprise business software, one of the original pioneers of ERP software developed back in the 1970’s.
In the last eight years SAP has spent billions acquiring cloud-based software companies in an attempt to play catch up in the cloud ERP space. This post will provide a side-by-side comparison of NetSuite ERP to SAP’s cloud-based ERP offering Business ByDesign (ByD).