Enterprise resource planning is a business management system that integrates all facets of the business, including planning, manufacturing, sales, and marketing. As the ERP methodology has become more popular, software applications have emerged to help business managers implement ERP in business activities such as inventory control, order tracking, customer service, finance and human resources.
Small business are usually family enterprises and hence not too many of them use ERP software as they have an accounting system in place. Many companies provide ERP solutions to small-sized business houses. Few players in this field are Microsoft Business Solutions, NetERP, Compiere, and The Intuitive Enterprise Solution.
Software
Microsoft Business Solutions has recently offered to provide ERP solutions to small and medium sized businesses. This would connect the small and medium sized businesses with large organizations, their employees, customers and suppliers for improved efficiency.
NetERP is an ERP solution from NetSuite. It is a business application that supports back-office operations. This can manage financials, purchasing, inventory, Web presence and payroll with the ERP components that are compactly integrated.
Compiere is an Open Source ERP software that suits small-to-medium sized enterprises (SMEs) in the global marketplace. It covers different areas like Customer Management, Supply Chain Management and accounting.
The Intuitive Enterprise Solution is an ERP software application that helps small and mid-size manufacturing businesses achieve increased productivity and at the same time, lower costs. Intuitive ERP focuses to build flexibility and control, organizes information and also automates business processes across an enterprise. This product offers complete integration of planning and materials management and procurement. It also facilitates reduction in cost of manufacturing and financial business processes and thereby improves productivity, quality and control.
It is believed that accounting systems can manage a small-scale business effectively. However, the trends are changing today with many small enterprises investing in ERP, as it is cross-functional and enterprise wide.
Small Business ERP Software
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