Best ERP Software For Small And Medium Enterprises In India

For decades, the ERP, or enterprise resource planning solution, has been made for large enterprises. The topmost reason why small businesses couldn’t use ERP systems was affordability and complexity. 

But the scenario has changed now. Even small- and- medium-sized enterprises (SMEs) are fast-growing, and the vendors are developing the best ERP software that fits the SMEs’ requirements. 

Earlier small businesses relied on manual work and spreadsheets along with disconnected applications. With ERP software for SMEs, companies can streamline their entire day-to-day operational tasks, including accounting, finance, sales, procurement, planning, supply chain, and others. 

Using ERP software results in increased efficiency and work productivity. After all, it eliminates the chances of data duplication and mitigates errors. 

Are you ready to automate your small business? We’ve listed out the top six ERP software that you can consider using. 

Top ERP Software for SMEs

1. Oracle Netsuite ERP

NetSuite is a market-leading ERP software by Oracle that offers a unified business suite to automate your entire operations. This cloud-based solution provides a wide range of features, including order management, financial management, product management, and more. 

In other words, NetSuite ERP gives the company complete visibility and control of their business – from product to warehouse management to financials and more. Besides, it is famous for its easy-to-use and intuitive interface. 

Features

  • Financial management
  • Order management
  • Built-in business intelligence
  • Fulfillment management
  • Human capital management

Pros

  • Seamless integration with third-party apps
  • Highly flexible & scalability

Cons

  • Users complain of downtime

Pricing

  • Quote on request

2. Focus ERP 

Focus ERP is a robust, cloud-based ERP solution that meets the needs of all businesses regardless of size and industry. It offers a fully integrated system that removes the redundant data entry process and significantly reduces overhead costs and human errors. 

The best thing about Focus ERP is that it meets the production process of ISO 9001 compliant manufacturing facilities. Besides, it gives you the flexibility to access your business information from anywhere and on any device, thereby increasing productivity. 

Features

  • High security with an encrypted internet connection
  • Inventory management
  • Billing and invoicing
  • Fulfillment management 
  • Cash flow management

Pros

  • User-friendly and responsive
  • Fast and easy to implement

Pricing

  • Quote on request

3. Batchmaster ERP 

Batchmaster ERP is one of the most popular ERP solutions that offers process manufacturing software solutions for various industries, including chemical, food, nutraceutical, and pharmaceutical. It can be deployed as both cloud and on-premise solutions. 

This manufacturing ERP software is compatible with many financial platforms, such as Microsoft Dynamics GP, Sage 100 & 300, QuickBooks, and more. It offers a wide range of functionalities that helps with packaging bills of materials, lab and formulation needs, and more. 

Features

  • Accounting software
  • Supply chain management
  • Human resource management
  • Purchasing and sales
  • Customer relationship management

Pros

  • Intuitive and rich interface
  • Seamless integration

Cons

  • The programming can be a bit clunky

Pricing

  • Quote on request

4. Tally ERP

Tally ERP is a simple and intuitive ERP software that can be used by people who aren’t tech-savvy. The platform has neat navigation, making it easy to use the system. Using the solution, you can easily generate reports and get a 360-degree view of your business related to inventory, accounting, financial, management control, and statutory reports. It ensures that companies make faster and smarter decisions, leading to maximum sales. 

Moreover, it is compatible with mobile devices to enable access on the go. 

Features

  • Statutory and compliance management
  • Banking and payroll
  • Data maintenance
  • Order and distribution management
  • Cash flow control

Pros

  • High-level data protection
  • Good support for training and installation

Cons

  • Not the best option for construction companies

Pricing

  • Starts at ₹ 600/- per month

5. Marg ERP

Marg ERP is an on-premise ERP software for SMEs that caters to various industries. It comes with dedicated Android apps for store owners, suppliers, and customers. Its wide range of functionalities includes purchase management, order management, production planning, costing, and inventory management. 

One unique thing about it is that its retail POS system allows you to set and track the credit limit for customers, saving you huge losses. It sends out immediate alerts whenever the credit limit is reached. 

Features

Pros

  • Integrated system
  • Compliance reporting

Cons

  • Customization is tough

Pricing

  • Starts at ₹ 999/- per month

6. Sage ERP

Sage ERP is one of the top ERP software that helps streamline your entire business processes. It gives you complete visibility into every aspect of your company’s performance in real-time. You can use this data to make smart decisions and optimize various processes for business growth. 

What’s more, it is designed to meet businesses’ complex needs in manufacturing, distribution, and engineering services. The best thing is that this ERP for SMEs can be tailored to meet your industry-specific requirements. 

Features

  • Purchase and cash flow control
  • CRM solution
  • Customer service management
  • Order and distribution management
  • Accounting and financial management
  • Inventory management

Pros

  • Promotes easy collaboration
  • Easy integration

Cons

  • The user interface can be improved

Pricing

  • Quote on request

Conclusion

While choosing ERP software for your small businesses, you need to check its flexibility. The software shouldn’t overload your system with highly technical implementation needs. 

That being said, small- and- medium-sized businesses can significantly benefit from ERP software as it streamlines processes from supply to sale. It results in improved efficiency and increased profitability. 

It’s crucial that you weigh the pricing models against features and potential ROI.

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