Enterprise resource planning (ERP), the management of all the information and resources involved in a company's operations by means of an integrated computer system. ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resources.
ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP facilitates information flow between all business functions and manages connections to outside stakeholders.
|Finance & Accounting||General Ledger, Fixed Assets, payables including vouchering, matching and payment, receivables Cash Management and collections, cash management, Financial Consolidation|
|Management Accounting||Budgeting, Costing, cost management, activity based costing|
|Human resources||Recruiting, training, rostering, payroll, benefits, retirement and pension plans, diversity management, retirement, separation|
|Manufacturing||Engineering, bill of materials, work orders, scheduling, capacity, workflow management, quality control, manufacturing process, manufacturing projects, manufacturing flow, product life cycle management|
|Order Processing||Order to cash, order entry, credit checking, pricing, available to promise, inventory, shipping, sales analysis and reporting, sales commissioning.|
|Supply chain management||Supply chain planning, supplier scheduling, product configurator, order to cash, purchasing, inventory, claim processing, warehousing (receiving, put away, picking and packing).|
|Project management||Project planning, resource planning, project costing, work breakdown structure, billing, time and expense, performance units, activity management.|
|Customer relationship management||Sales and marketing, commissions, service, customer contact, call centre support — CRM systems are not always considered part of ERP systems but rather Business Support systems (BSS).|
|Data services||Various "self–service" interfaces for customers, suppliers and/or employees|
SME is one of the best Billing and Invoice software. It has ease of use & nice interface. Windows based Billing, Inventory Management and Accounting Software.
It is the time and place where a retail transaction is completed. At the point of sale, the merchant would calculate the amount owed by the customer and indicate the amount. Mainly useful for small & medium enterprise. It’s a simple billing software with barcode billing facility.
It maintains transactions, stock, accounts, purchase return, sales return, opening stock, sales, taxes like input tax, output tax and GST and generate reports. It will be extended for E-way billing, E-invoice and multilanguage support.
E-commerce style view, multi-currency, unlimited holding bills option, customer points, discounts options, barcode entry , mail offer sending options, multiple rate editing options.
Odoo is an all-in-one business software including CRM, website/e-commerce, billing, accounting, manufacturing, warehouse - and project management, and inventory. Odoo, formerly known as Open ERP, is the most widely hailed open source software for enterprise management. Odoo is a complete suite of business applications and offers:
Odoo is designed for small and medium-sized organizations. It's available on the cloud as well as on-site, and has more than 3,000 Odoo modules for different businesses. Because the software is open-source, it’s highly customizable and Odoo partners can tailor it to meet your needs.
Outsystems is a highly popular and widely used Rapid Application Development (RAD) platform that offers developers the tools and the environment they need to create, deploy, and manage custom enterprise applications with speed and ease. Unparalleled functionality like full stack visual development and single click deployment means faster creation and deployment of enterprise applications. The system can be deployed as an on-premise solution or hosted in the cloud.
Developers will definitely love how they can easily deliver applications and make changes even if they are already deployed. With OutSystems Platform, developers can fully take advantage of the platform’s deep integration to all existing systems and be in total control of the entire life-cycle of large application portfolios.
OutSystems enables developers to integrate different solutions including enterprise resource planning (ERP) and customer relationship management (CRM) with the help of pre-developed application connectors. The platform offers integration with solutions such as SAP, Oracle, Microsoft Excel and MySQL.
The platform offers an interactive user experience that enables developers to create applications by using pre-built templates and drag-and-drop functionality. The solution is available as an annual subscription.