Introducing ERP packages
Common softwares such as Oracle, SAP or Microsoft Dynamics, JD Edwards, Lawson M3 ERP
JD Edwards Financial Management
It is the accounting component of Oracle's JD Edwards EnterpriseOne product line. JD Edwards Financial Management can serve businesses of any size. The system is horizontal; it is designed to serve the needs of a wide variety of vertical markets. It offers applications for accounts payable, accounts receivable, advanced cost accounting, expense management, financial management and compliance, fixed asset accounting, and a general ledger. The system can support multiple languages and currencies. It also supports International Financial Reporting Standards (IFRS) requirements, with capabilities such as asset componentization and inventory costing methods.
Lawson M3 ERP software
It is designed specifically to automate and streamline key processes for manufacturers and distributors who make, move, or maintain (M3) processes, and who often have strictly allocated resources. The system encourages better collaboration with customers and suppliers while arranging for optimal capacity and operating efficiency. It is designed primarily for mid-sized to large enterprises. Lawson M3 provides planning tools for supply chain management, forecasting, and capacity scheduling. The system can support multiple companies and sites, along with multiple different languages and currencies.
Sage ERP
It is a family of products that meets the needs of many small to mid-sized manufacturing or distribution firms. The portfolio includes Sage ERP MAS, Sage ERP Accpac, and Sage ERP X3. These products provide broad and deep functionality to serve repetitive, make-to-stock, make-to-order, and process modes of manufacturing. It also offers functionality for accounting, inventory control, material resource planning, shop floor control, human resources, and supply chain management. The system is relatively unique for the manufacturing and distribution software markets in its ability to offer the choice of multiple databases, operating systems, and deployments.
Epicor Manufacturing
It is a fully integrated ERP solution with extensive functionality for accounting, inventory control, pre-production materials planning, and manufacturing execution (MES). Epicor Manufacturing is deployed on-premise with a single database, providing one centralized location for all enterprise data. Epicor typically is not used by process manufacturers looking to automate recipes, formulas, or batches. Its focus remains on discrete firms. We have always recommended Epicor to manufacturing firms due to the system’s popularity, functional depth, and functional breadth.
Intacct
It is a Web-based financial accounting software system with a broad set of functionality for small to midsized businesses. It can support applications for core accounting, time and expenses, revenue management, project accounting, order and billing, purchasing, global consolidations, multi-currency management and financial reporting. It is Software-as-a-Service (SaaS) and can be accessed on demand through a browser over the Internet.
SAP Business One
It is an integrated enterprise resource planning (ERP) software suite which is geared to small to medium-sized businesses that want to grow their business with a scalable solution, without taxing their limited IT resources. SAP Business One has been well-received within the manufacturing, retail, service, and distribution industries, and can address other vertical market needs. The solution offers out-of-the-box functionality to manage core processes that a typical small business needs, including financials/accounting, CRM, inventory, purchasing, light production and operations. The system also offers a remote support platform that can perform automatic system health checks, scheduled database maintenance operations, upgrade eligibility checks, and automatic fixes for detected issues.
Microsoft Dynamics AX
It is an ERP system for mid-size to large enterprises. It has particular strengths in manufacturing and distribution but is a functionally broad system, capable of serving buyers in most industries. In addition to core accounting, Microsoft Dynamics AX offers complete functionality for inventory control, warehouse management, transportation management, demand and supply chain planning, material requirements planning, production management, quality assurance, product lifecycle management, asset management, and business intelligence. Microsoft Dynamics AX can serve a wide range of markets, but has particular strength in manufacturing and distribution. Its industry-specific functionality meets the needs of discrete manufacturers in the high tech, electronics, metals, industrial machinery, aerospace, consumer products, and medical devices industries.
Microsoft Dynamics GP
It is a financial accounting system for small to midsized businesses. It has applications for financial management, human resources management, manufacturing planning, supply chain management, field service, business intelligence, collaboration, compliance and IT management. The system can be deployed on-site or hosted for a monthly fee. The company and its partners provide benefits such as online training and support.
SYSPRO Enterprise Resource Planning
It offers a single solution for companies looking to gain increased operational effectiveness. Make-to-Order, Make to Stock, Configure to Order, Engineer to Order, Mixed Mode, and Process Manufacturers will find SYSPRO ERP offers solutions to support the integration, control, and synchronization of every aspect of the manufacturing process. Users will find SYSPRO’s full set of tools a helpful ally in planning, recording, tracking, and controlling output. It ensures visibility throughout the supply chain, integrates with many other production-specific systems, and covers the full breadth of planning from the executive boardroom to the factory floor. SYSPRO’s financial, distribution, and manufacturing solutions are all completely integrated in real-time.
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