Top 10 Online ERP software
Last updated: January 18, 2020
Online ERP solutions deliver enterprise resource management, human capital management, financial management, and analytics applications designed for large organizations.
Workday is a leading provider of enterprise cloud applications for human resources and finance. Workday delivers human capital management, financial management, and analytics applications designed for the world’s largest organisations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
NetSuite is the leading vendor of cloud-based Software-as-a-Service integrated business management software for mid-market enterprises and divisions of large companies. NetSuite's cloud business management system including ERP / accounting, order management / inventory, CRM, professional services automation (PSA), and Ecommerce.
With intelligent business applications across CRM and ERP, Microsoft Dynamics 365 gives you choice. Start with just what you need to run your business—and delight your customers. And then add apps as your needs change.
Formerly OpenERP. All-in-one management software. Beautiful. Easy-to-use. From ERP to CRM, eCommerce and CMS. Download Odoo or use it in the cloud. Grow Your Business.
SAP’s intelligent ERP solutions are the Digital Core that enable businesses to integrate end-to-end cross functional next generation business processes so that companies can become intelligent. SAP's cloud ERP solutions use intelligent technologies to help you grow, innovate, and optimize time and resources – no matter the size of your business.
Oracle Enterprise Resource Planning (ERP) Cloud is a suite of cloud applications for finance, project management, procurement, risk management, and other core day-to-day activities important in every business, regardless of size, industry, or geography. Designed from the ground-up with a modern architecture and technology, Oracle ERP Cloud is natively connected with all Oracle enterprise cloud applications and scales inherently to support added users, transactions, and sites as your business grows by size and into new markets across your country or the globe.
FinancialForce cloud ERP is a comprehensive and innovative financial management system that takes a fresh approach to a traditional business function. This online accounting application combines the power of the Force.com cloud with a groundbreaking accounting system design. FinancialForce Accounting is native to Salesforce CRM.
Sage Business Cloud is the right, proven solution for mid-market customers with international ambitions and multi-national requirements. Sage Business Cloud technology is available on all leader platforms in the market with End-to-end process integrity and data consistency in your Webtop across the enterprise.
Compiere Enterprise is a modern, highly adaptable, enterprise-class business solution - that can be deployed on-premise or on the Cloud - for a fraction of the cost of traditional ERP systems. Improve agility and dramatically lower cost of ownership with Compiere.
HansaWorld is an award-winning business management software for small and medium companies. It's an Integrated Business Platform (IBP) for managing all of your business processes - ERP, CRM and more.
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Latest news about Online ERP software
2019. Workday to acquire online procurement platform Scout RFP for $540M
Workday has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory. The company is trying to be the end-to-end cloud back office player and one of their big gaps has been in procurement. A lot of the Workday investments are in portfolio companies that are complimentary to Workday’s larger vision of the future of Cloud ERP. Today’s definition of ERP includes finance, HCM (human capital management), projects, procurement, supply chain and asset management
2017. Workday acquired CRM startup Pattern
Financial management and HR software vendor Workday acquired two-year-old, Redwood City, Calif.- based startup Pattern. Thus Workday is going to compete with Salesforce and other alternatives. Pattern had aimed to lighten the load of managing customer relationships for salespeople and was funded by Felicis Ventures, SoftTech VC, First Round Capital, and various angel investors, who last year provided the company with $2.5 million in seed funding. Some of Workday’s past acquisitions include big data analytics vendor Platfora, acquired last year, and the online learning company Zaption, which Workday also acquired last year and promptly shut down. Terms for both deals were not disclosed.
2017. Sage Group buys cloud ERP software Intacct
British enterprise software company Sage Group will acquire cloud ERP provider Intacct for $850 million. Intacct, which competes with Financial Force, Oracle’s NetSuite and other alternatives, said in a related statement that it now has 11,000 customers for its enterprise resource planning software. Sage Group also provides cloud accounting and ERP software. The acquisition of Intacct supports its ambitions for accelerating organic growth by winning new customers at scale and builds on our cloud-first acquisitions, strengthening our integrated suite of cloud solutions.
2016. Oracle buys cloud ERP provider NetSuite for $9.3B
Oracle will acquire NetSuite for about $9.3 billion. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. Eighteen-year-old NetSuite claims a dominant position in the cloud enterprise resource planning (ERP) space, which includes offerings to help businesses track supply and demand, inventory, accounting, customer relationships (CRM) and HR. The ERP industry has been an active space for M&A and general consolidation over the past few years, and Oracle in general has been an aggressive acquirer of smaller companies throughout 2016, with recent pick-ups including Opower and Textura.
2015. Workday is going to fund machine learning startups
Workday, the finance and human resources SaaS software provider, announced a new program called Workday Ventures, an investment arm focusing on startups with a machine learning bent. It intends to fund 10-12 companies this year and it has already funded several companies including Thinair, a security service; Unbabel, an online translation tool; Metanautix, a company creating tools to make sense of big data and Jobr, a mobile tool for searching and applying for jobs. As early stage startups with an emphasis on machine learning, these are the types of companies Workday is hoping to work with. Unlike a typical venture capital firm, Workday isn’t setting up a fund with a specific amount of money looking for a set return on its investments. Instead, it sees this as a strategic, rather than a financially motivated project.
2015. FinancialForce cloud ERP raises $110M to take on SAP and Oracle
FinancialForce, the cloud ERP built on top of the Salesforce1 platform, announced a new round of funding, landing $110M in additional investment. As the cloud matures, we are seeing more back off functions like ERP moving to the cloud and beginning to gain traction. Up until now, it’s a market that has been dominated by the usual suspects SAP, Oracle and Microsoft, but cloud players like FinancialForce and NetSuite are beginning to make some noise. FinancialForce itself is an interesting player. FinancialForce is built on Force.com and certainly sells itself as the logical ERP product for Salesforce customers. It has gone beyond this, however. While FinancialForce still works admirably well with Salesforce customers, it is a credible offering in its own right.
2014. Oracle E-Business Suite unveiled cloud-centric apps
Oracle has refreshed its ERP solution E-Business Suite to provide more integration with the company's cloud services. It also made it more tablet friendly. The Financials portion has been integrated with Oracle Revenue Management Cloud to let users leverage the revenue compliance and recognition benefits of that product. Enhancements in Project Contracts and Project Billing lets U.S. federal contractors improve cash flow, increase transparency and automate billing. Purchasing has been improved with changes that provide more buyer productivity in dealing with large orders. The changes include Web ADI-enabled spreadsheet creation, as well as modifications to purchase order lines, schedules and distributions. Web ADI, or Applications Desktop Integrator, is Oracle's tool for connecting its applications with Microsoft Excel.
2013. SAP makes big companies effective with Big Data. Competitors are crying
In recent years, SAP was probably the least innovative IT giant (compared to competitors Oracle, Microsoft, IBM). All SAP's own innovative projects mostly failed (remember Business ByDesign), and the only thing that SAP could do - is buying other companies (SuccessFactors, SyBase, Ariba). But at this time, SAP is going to outdo all the competitors on the wave of new trendy technology - Big Data. What is Big Data? Big Data - is a set of technologies for fast processing of very large amounts of data (structured and unstructured). How Big Data is different from what was before? Roughly speaking, instead of a single server working with multiple data warehouses, there is one database running on multiple servers. Perhaps you, as a businessman or manager, don't care, but in result this change enables IT system to run much faster. For large companies data management turns into nightmare. The video above shows how one beautiful database turns into monstrous IT system that can't even tell you how many units of product you can now sell to customer. Because the product is stored in multiple warehouses, can be reserved by other branches and your system does not know when the supplier will deliver new batch, because it's controlled by another system. The Big Data promises large companies an opportunity to manage business in real time. So, SAP, was one of the first to create the own Big Data platform, called SAP HANA, and recently also announced that its ERP-system SAP Business Suite can work on top of this platform. Experts say that neither Oracle, nor Microsoft, nor IBM are able to offer such an integrated solution for large companies and they are not even close to SAP in this segment. But that's not all bad news for the competition. The fact is that SAP's ERP system always used the database management systems developed by Oracle, Microsoft and IBM. Now, SAP will transfer the customers to its own platform. And that is about 60% of the large companies in the world.
2012. SAP became NetSuite's customer. Business ByDesign will be closed
Most of all NetSuite loves trolling its rival - SAP. From time to time they organize anti-SAP conferences, marketing campaign a la Business ByNetsuite and produce videos like that one above. And they haven't missed the opportunity to joke on SAP at this time. At the opening of the conference SuiteWorld, Zach Nelson (CEO of NetSuite) took the stage and announced that in the past year the company has achieved their biggest ever win: ERP-giant SAP has become NetSuite's customer. The audience was shocked, and then Zach explained. As you know, recently SAP acquired SuccessFactors, and this company was using NetSuite. Thus, SAP has become the user of NetSuite. And though after the purchase SuccessFactors has been transfered to SAP's own ERP system, but the NetSuite subscription was still extended and formally NetSuite is still a ERP-provider for SAP. NetSuite always had a reason to make fun of SAP because of its project SAP Business ByDesign. It's a SaaS ERP for small-medium businesses, which was supposed to become a rival for NetSuite. But first it couldn't launch for 3 years, and now, 2 years after launch - its going to be closed. The new head of Cloud strategy at SAP (former SuccessFactors CEO) Lars Dalgaard yesterday announced that Business ByDesign will be converted into a package of simple and specialized applications: HRM, CRM, SCM and financial system. SAP explains the failure by the reluctance of companies to transfer their entire IT system to the cloud. They say businesses now prefer to move to the cloud separate applications, such as human resources management. However, NetSuite's example shows that this is not the case. More likely that SAP, that was always working with large companies, could not find a proper way to SMB market.
2011. Google Wallet: How it works
Today, Google has launched a new service - Google Wallet, which allows to pay for goods in stores with the help of a smartphone. Of course, it's more the future than the present technology even in US. But it's interesting to see how we'll pay in the future. For a user Google Wallet is a mobile application that is installed on a smartphone. In this application you enter your bank card details (or get a card directly from Google) and add your loyalty cards. Then, with your smartphone you go to the store and when approaching the point of sale, launch the Google Wallet application, enter your PIN-code, select a card, tap the terminal with your smartphone, and ... your money fly to the retailer. Of course, in order all this work, the following conditions are nessecary: 1. Your smartphone should support the NFC (Near Field Communication) technology - i.e. must have the built-in NFC-chip for secure wireless communications. For now these are only few NFC smartphones, and Google Wallet works only on a single model - Sprint Nexus S 4G. 2. The Google Wallet application must be installed on a smartphone. Of course, Google will have no problem with Android-smartphones but with iPhones and Windows Phones they may have problems. 3. The store should have the NFC-terminal. For while in the U.S. only few retail chains have them 4. The card payment system should support such payments. With this everything is OK. Visa already supports them. Master Card - also, but so far only via City Bank. 5. The mobile operator should support the service to identificate the smartphone, from which the payment is made. While in the U.S. only Sprint works with Google Wallet. Is it reasonable to replace the bank cards with smartphones, if everything is so complicated? Yes, paying with a smartphone a little more comfortable than with a card. Because you still carry the smartphone and can leave multiple cards at home. Yes, paying with a smartphone is safer, because it adds one more security level - PIN-code. And if you lose your phone, you don't need to block the card - you can remotely wipe it from your smartphone. But the convenience and safety for users - are not the main reasons of why this technology is implemented. In fact, no one asks us. Google and retailers are willing to make large expenses to make us using smartphones as payment instruments. For Google - it's a great opportunity to collect the data on consumer preferences and then show them relevant advertising. And retailers hope to turn our smartphones into magical devices that generates desire to buy and lets you forget that you have to pay money. After all potentially smartphone can not only pay for goods, but also present a product (when you tap it with your smartphone), notify us about new discounts, sales, etc.
2011. Transifex - online service for app translation
If you want to sell your business application (or service) on the European market, you need to translate the interface to at least 5-6 major European languages. Of course you can hire a professional translator to do this job, but if the translator doesn't understand your app and doesn't use it - he'll hardly make a good translation. It's ideal when the translation is done by the app users themselves. But there are also many problems with this option. For example, how to combine multiple translations from different users, or how to update the translation for the new version if the old translator disappeared. Fortunately, there are special crowd-sourcing translation services for such cases. And Transifex is one of the best of them. This service allows you to publish the translation file (a table of strings) in one of the 17 standard formats (Gettext, Java properties, Android resources, etc.) and manage the translation process: store translation versions from different users, combine them or assign moderator rights to the trusted users and let them combine the versions. The service doesn't suggest any fees to translators - all done voluntarily. Originally Transifex was created as a translation service for open-source projects. It is used by such well-known projects as Firefox, fedora, GNOME, django, Meego. Recently Transifex also became added support for commercial projects. But unlike the open-source projects, for which everything is free, commercial projects have to pay from 30 euro per month. But there is also a free plan, limited to 2000 and two maintainers.
2011. Microsoft Dynamics AX 2012 adds cloud services
MBS President, Kirill Tatarinov (at the left) plays with Dynamics AX 2012 via Kinect Last week the new version Microsoft Dynamics AX 2012 became available in 25 countries (Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Malaysia, Mexico, Netherlands, New Zealand, Norway, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, UK, US). This new version is interesting for us because it finally adds the cloud services. They work from the Windows Azure cloud in combination with the general ERP software, which can be installed on the company's own server or hosted in a partner data center. Thus, it implements the Microsoft's favorite concept - S + S (Software + Service). Customers can access the cloud services via the customer portal at dynamicsonline.com. There are four groups of services: - Commerce Services - enable to integrate ERP system with e-commerce sites (such as eBay) and automate the online sales - Sites Services - enable to create extranet sites to automate business processes, which involve partners and customers - Payment Services - enable to accept credit and debit card transactions - RapidStart Services - Quick Start Wizard that allows to customize ERP for your individual business needs Microsoft says that the next version of Dynamics Nav, which will be released next year, the first fully cloud-enabled product and operate on Azure. In addition, previously they promised that MS Dynamics ERP will become a part of the SaaS-office suite Office 365.
2011. CloudBudget - No-consulting budgeting solution on Force.com
CloudBudget - is an online budgeting start-up that allows small and medium companies plan their financial incomes and expenses. Usually excel is used for this purpose, but CloudBudget makes the budgeting process easier, faster and eliminates errors that usually follow excel calculations. In addition, it greatly facilitates the financial planning for geographically distributed companies. The service is built on Force.com platform and in the Salesforce style - note the "No Consulting" sign in the video. Unlike most competing SaaS-products (for example, Adaptive Planning) CloudBudget does not require involvement of consultants in the budgeting process. It provides a simple questionnaire on business language, that allows automatically adapt the system to individual business and industry knowledge base (for professional services, telecoms, hi-Tech, construction). According to the developers, now they are passing the "valley of death" - the period when most start-ups die. At the moment CloudBudget is in beta version, and they need to successfully complete two pilot projects (in a pharmaceutical company and one of the largest retailers in the U.S.) and integrate the application with FinancialForce.
2010. Cisco also jumps into Social CRM
Cisco has never developed CRM systems. Besides, Cisco is in good relations with Salesforce and even resells this CRM system to its customers. But it seams that now the IT giants want to jump into all hot markets, such as Social CRM. So Cisco has unveiled its social CRM system - SocialMiner. Like the other solutions of this class, it can monitor Facebook, Twitter, LinkedIn and other social networks for mentioning of company name or its products. Users can create multiple campaigns, select the keywords and the system will provide daily search results, new "social contacts" and analytical reports. You can not only view and analyze what people are saying about your company on the Internet, but also engage in the discussions with "social contacts" - respond them directly from SocialMiner. Cisco says that the main advantage of their system over the competitors - is its ability to be "trained". I.e. the analytical engine inside SocialMiner organizes search results depending on what messages were more interesting for the user in previous times. But Cisco has never developed business intelligence tools... Note also that SocialMiner is tightly integrated with Cisco Quad - the solution for the internal social networks. This once again confirms the trend of integration between internal and external social networks.
2010. Who says Enterprise Software isn’t Cool? Watch what its users can do!
We often pay attention not only to the new business applications and modern trends in Enterprise software, but also on how vendors advertise themselves and their products. This sphere is also shifting to the Enterprise 2.0 style: instead of boring PowerPoint presentations and PDF brochures without images, we see exciting blockbusters and show-projects. Instead of boring descriptions - humorous sketches about how bad is running business without the software. Such marketing attracts attention and most importantly, makes users "friendly" towards the software, even if the software itself is not so friendly, for example like SAP. The new SAP's show-project Run Better is showing not the ERP system but the cool things that its users do. Check also the other examples of beautiful marketing from Box.net, Mainsoft and NetSuite.
2010. Microsoft plans to provide Dynamics ERP as SaaS service
Michael Park, Corporate Vice President of Microsoft’s Business Solutions team, shared some plans about the future of company's SaaS suite Microsoft BPOS. BPOS (Business Productivity Online Services) currently includes MS Exchange Online, MS SharePoint Online, MS Office Communications Online and Office Live Meeting. And Microsoft is going to add Dynamics CRM and Dynamics ERP to this package. While it's no surprise with CRM (Microsoft has been providing the SaaS version Dynamics CRM Online for quite a long time), the SaaS ERP from Microsoft - is something new. Today some Microsoft partners are already providing vendor's ERP solutions as hosted services, but Microsoft never told about the release of the own SaaS ERP version. Moreover, Park used the title "MS Dynamics ERP". As we know, Microsoft actually has 4 ERP systems: Dynamics AX (Axapta), Nav (Navision), GP (Great Plains) and SL (Solomon). All these solutions have been acquired by Microsoft and the company hasn't yet succeed in combining them into single solution. Although recently, Microsoft representatives frequently use the title MS Dynamics ERP, preparing people to the fact that 4 systems will merge into one. In addition, Microsoft plans to move BPOS with CRM and ERP to the Azure platform (currently they work separately). It will be a good step for Microsoft and for its clients. First, all applications will run on the single infrastructure that will allow to integrate them more easily. Second, there will be a single sign-on. Third, there will be a single billing. Besides, in order to motivate partners to sell the SaaS solutions, Microsoft is going to double the margins for those who sell the hosted bundle. And most probably BPOS will be renamed to Union. And not just because ERP and CRM are not "Productivity" tools. More than a few Microsoft critics have referred BPOS as “Big Piece of Shit” and Microsoft bosses are not happy with that.
2010. SAP Business ByDesign goes live
Finally, SAP has officially launched its SaaS ERP system, SAP Business ByDesign, which will compete with NetSuite, Workday and other cloud ERP solutions. As you know, it's not a fresh product. It was released 3 years ago, but due to the scalability problems, its sales were stopped, and still the system was used by fewer than 100 companies worldwide. SAP Business ByDesign is designed for SMB (50-500 employees) and primarily for manufacturing and professional services industries. It's a single multitenant service to automate all business areas, including manufacturing, financials and sales. The updated version SAP Business ByDesign 2.5 provides support for mobile devices, integration with MS Excel, custom forms and user interface based on Silverlight. But its pricing will hardly cause a revolution in SaaS sphere. Currently, SAP Business ByDesign is sold in one of three fixed starter packages - CRM, ERP and PSP (Professional Service Provider). Each package can be provided for at least 10 users and includes the implementation services for a fixed price: - CRM Starter Package - provides SFA functionality. Can be implemented in 3 weeks for $13,500. Then company pays $89 per user per month. - ERP Starter Package - provides integrated financials, accounting and analytics capabilities. Can be implemented in 6 weeks for $37,500. Then company pays $149 per user per month. - PSP Starter Package- automates business processes in service companies. Can be implemented in 8 weeks for $45,000. Then company pays $149 per user per month. The implementation services will be provided by SAP channel partners. Meanwhile SAP Business ByDesign is available in US, UK, China, France, Germany and India. In other countries it will become available in 2011.
2010. SAP acquired Sybase to get the cloud database and mobile apps
The world's largest enterprise software vendor, SAP has become even more large. For $5.8 billion SAP has acquired Sybase, the company primarily known as one of the leading database and enterprise mobile applications vendor. Until now, SAP didn't have its own database and provided customers a freedom of choice in this matter. At the same time SAP was reselling about a billion dollars worth of Oracle databases - a bad idea considering SAP and Oracle are in direct competition. However, it is unlikely that Sybase database will replace all other database middleware in the traditional SAP ERP deployments. On the other hand, it can be very useful for cloud deployments and creation of the own SaaS platform for SAP Business ByDesign. Because Sybase has recently released the cloud version of its database, which is primarily designed for Amazon EC2. In addition to cloud computing tools, SAP also gets a wild card on the hot market of enterprise mobile applications. Sybase Mobile platform allows to create applications for all popular mobile platforms (iPhone, Windows Mobile, Symbian, Palm WebOS, Android and BlackBerry) and provides the high level of security. By the way, SAP and Sybase have long history of cooperation in this sphere and have already created mobile clients for SAP Business Suite and SAP CRM. Perhaps now that cooperation will become even more productive.
2010. Google deploys crowdsourcing support system
As is known, it's almost impossible to reach Google customer support. And there are 2 reasons for that. First, almost all Google services are free. Second, if the company decide to organize the traditional customer support and answer all the questions, then this would be the largest support team in the world. Therefore, Google decided to implement the beautiful solution and give users the opportunity to answer the questions of each other. Two months ago, Google acquired Aardvark, the social network for mutual support, and without considerable redesign put it to work: added it to Youtube and Google Toolbar. Probably soon Aardvark will appear on all Google services. How it works? You open the service and send any question. While you are entering your contact information, Aardvark finds few people who can answer your question, and within a couple of minutes, they send you the answers via email or instant messenger. If something is not clear, you can start the discussion. But if you are happy with the answer you say "thank you" and Aardvark will stop looking for experts. Who are these experts? When you enter your contact information, you are also asked to select three areas of knowledge in which you could help others. Then (if you don't edit your settings) the service will send you the questions on these topics. It's simple, and Google support is having rest.
2010. Box.net integrates NetSuite, SugarCRM, Salesforce, Google Apps
Major SaaS vendors are now less interested in providing applications - they want to create web platforms and grab the world (and earn commission on the other developers). Salesforce was the first to play this game, then Google, NetSuite, SugarCRM and others jumped into this wagon. Box.net (that doesn't have such financial strength as the above mentioned companies) invented even more interesting platform strategy. Box.net wants to be present on each popular platform. First, they created the connector for Force.com, then joint the Intuit Partner Program and Google Apps Marketplace, and recently released modules for SuiteCloud and Sugar 6. Thus, they build the cross-platform cloud content management system. This system allows to store all content in a single online repository and access it in different SaaS systems used in the company: CRM, ERP, Collaboration system. Even more interesting is the opportunity to create shared cross-company extranet based on Box.net: for example, the same file may be available from Salesforce account owned by company A and NetSuite account owned by company B.