Now, we will learn in detail the features and characteristics of the 11 best business management software on the market today.

1. ERP management software suitable for large enterprises/corporate scale

For large enterprises, the most used business management software includes: SAP ERP, Oracle ERP and Microsoft Dynamic 365.

1.1 SAP ERP

SAP ERP is known as the best business management software with many different workflows. The software provides a series of business management functions such as financial management, human resources, production and orders.

Key Features:

• SAP ECC (including SAP Financials, SAP Human Capital Management, SAP Operations and SAP Corporate Service): Business planning and management for departments.
• SAP Customer Relationship Management (CRM): Control the stages when employees contact customers.
• SAP Supplier Relationship Management (SRM): Optimize business relationships with existing suppliers.
• SAP Supply Chain Management (SAP SCM): Warehouse management , transportation, logistics tracking, supplier collaboration, supply chain planning and optimization.
• SAP Product Lifecycle Management (SAP PLM): Supports product lifecycle management.

Advantage :

• Optimize management by providing accurate reports and indicators based on real time.
• Improve business data by automating management processes, reporting, and allowing employees to access and view data quickly.
• Increase business transparency by screening and monitoring all business activities.
• Good and comprehensive data security through advanced firewall.
• Support for expansion and customization is extremely flexible according to business needs. 

Disadvantages :

• The cost of implementation is quite high.
• The SAP system is quite complex, requiring highly experienced and specialized experts to advise and implement. Therefore, choosing a reputable SAP implementation unit in Vietnam is extremely important.
• Complex system, time consuming to instruct and train to use

1.2 Oracle ERP

Oracle ERP is a medium and large-scale enterprise management software through the Cloud platform. This is an enterprise resource planning system with a simple design and many features, users can access remotely via the internet to manage the business.

Key Features:

• Human resource management: Manage benefits policies, holidays, salaries, bonuses, etc.

• Project Management: Manage project investments and lifecycle.

• Customer data management : Through customer data collected through sales and marketing applications.

• Finance: Financial analysis and cash management.

• Supply chain planning and control: Forecasting inventory and demand.

Advantage:

• Improve workflows with Oracle ERP that supports instant data aggregation and reporting.
• Flexibility to integrate with many separate software, helping to connect many data entry devices, human resource management software , etc.
• High security thanks to the use of cloud computing to store information.
• Reduce the risk of errors due to manual data entry.
• Support direct reporting, earliest updates to support businesses in making early and timely decisions.

Disadvantages:

• The cost of implementation is quite high.
• The software architecture is quite rigid and requires a lot of customization: Some of the default modules of Oracle ERP will not suit the business and this forces the business to develop their own custom modules.

1.3 Microsoft Dynamic 365

Microsoft Dynamic 365 is a software that helps businesses transform digitally and create relationships for employees, customers and business operations to run smoothly. The software provides sales and marketing automation capabilities to connect and convert prospects into customers.

Key Features:

• Manage customer and supplier information, contact history, customer care process.
• Manage product information, warranty, quotation, payment.
• Manage purchase information, payment status, delivery.
• Warehouse management, warehouse transfer, quantity of goods in and out, quantity of inventory.
• Provide financial reports to support businesses in measuring and processing to achieve high business efficiency.

Advantage:

• Simple interface, easy to use.
• Flexible, customizable system with a variety of features.
• Deployment options on cloud or internal enterprise server.
• Used by many medium and large sized businesses in many different fields.

Disadvantages:

• Initially, Microsoft can be difficult for users without technical experience.
• Limited third-party application integration: Microsoft Dynamics can seamlessly connect with other Microsoft applications; however, the ability to integrate with other third-party applications is a drawback of this solution.

See more: How to use AI in Business? 10 AI Case Studies You Should Watch

2. Small and medium enterprise (SME) management software

For small and medium-sized businesses, the most commonly used business management software includes:

2.1 Odoo

Odoo is an ERP business management software. Odoo's subsystem includes human resources, finance, sales, website, service, marketing, productivity, manufacturing and inventory management.

Key Features:

• Manage sales and purchasing activities.
• Control production and warehouse operations.
• Financial management - accounting.
• Marketing and website management.

Advantage:

• Diverse application store.
• Highly flexible, proactively customizable.
• Odoo interface is simple and user friendly.
• Moderate implementation costs

Disadvantages:

• Users often face some difficulties while setting up Odoo ERP.

2.2 Misa Amis

Misa Amis is a business management software suite that includes many software that can be integrated and connected together: Accounting software, CRM software, HRM software, etc., helping businesses optimize costs and use human resources effectively. In particular, the software is closely connected to partners, helping to optimize all activities, improve performance, customer experience and save costs.

Key Features:

• Accounting - Finance product suite: AMIS accounting, MISAmTax,..
• Marketing – Sales product suite: AMIS CRM, AMIS aiMarketing
• Human Resource Management product suite: AMIS Recruitment, AMIS Payroll, AMIS Timekeeping,…
• Digital Office product suite: AMIS Process, AMIS Work,…

Advantage:

• Provide many small to very small modules, flexible for businesses to choose from
• Work on the Cloud.
• Friendly interface, suitable for Vietnamese people

Disadvantages:

• Regular system maintenance or upgrades, so sometimes errors or slowness occur
• No On-premise/License provided.
• Limited third-party application integration: Misa Amis can seamlessly connect with other Misa Amis applications; however, the ability to flexibly integrate with other third-party applications is a drawback of this solution.

2.3 1Office

1Office is a business management software for small and medium-sized organizations. The software provides an internal management network consisting of 3 main platforms: Workplace, HRM and CRM.

Key Features:

• Edit and manage text documents.
• Support project management by creating, tracking progress, dividing project resources,…
• Allows storing and sharing documents online.
• Email management, users can sync and manage email accounts from a single platform.
• Integrate other work applications such as contact management, work calendar.

Advantage:

• Build an online working environment between departments.
• Automate processes, helping managers monitor work progress effectively.
• Flexible customization according to the scale and characteristics of each business.

Disadvantages:

• Requires businesses to invest and carefully research the process of setting up and installing the system.

2.4 ESO

ESO is a business management software set up according to basic management needs with subsystems such as customer management, project management, sales, KPIs, etc. The software can build a management space according to each individual business need at a reasonable cost.

Key Features:

• Human resource management: Records management, timekeeping, leave, KPI, salary and bonus, etc.
• Contract management: Manage contract content, work list, progress, contract costs, etc.
• Work management: Manage personnel, work progress, attached files, automatic reminders, etc. 
• Project management: Manage project information, comments, project progress, project acceptance and approval, etc.

• Customer management: Manage the number of contracts, take care of and manage customers,...

• Sales management: Manage customer information, quotes, consulting content, etc.

• KPI Management: Set up KPIs by individual and department,…

Advantage:

• Easy to use interface.
• Fast processing speed.
• Edit the software interface according to business needs.
• Management functions on demand.

Disadvantages:

• Expert advice is required for installation and use.

2.5 FastWork

FastWork software is one of the best business management software , helping managers plan work and projects by simply entering data directly into the software from Excel files or from sample projects. The software also supports human resource management, customer care and work progress.

Key Features:

• FastWork WORK+ Work Management: Project management, task management,…

• FastWork OFFICE+ internal administration: Supports timekeeping, timesheet management, payroll, documents, etc.

• FastWork HRM+ Human Resource Management: Human resource management, record keeping, recruitment management,...

• FastWork CRM+ Customer Management: Customer management, sales, tracking and reporting business activities,...

Advantage:

• Low cost management software available.
• Track work by day, week, month and year.
• Online project management.

Disadvantages:

• Lack of accounting skills.
• No On-premise/License provided.

2.6 Bravo

Bravo is one of the comprehensive business management software , helping businesses solve problems in system management and operation. This is also free software, suitable for small and medium enterprises.

Key Features:

• Allows creation and management of scheduled jobs.
• Detailed, comprehensive project progress tracking.
• Integrate features to share and store project-related data.
• Automate project performance reporting and analysis.
• Online internal communication helps project members easily exchange information and track progress.

Advantage:

• Work efficiently with high stability.
• High security with firewall.
• Businesses can easily customize according to their needs.

Disadvantages:

• There are still some limitations on features, users must upgrade their package if they want to use more features.

2.7 Base

Base is a specialized and optimized platform for business management support tasks. Base is built on Microservice architecture with 4 main products: Base Work+; Base Info+; Base HRM+ and Base Finance+.

Key Features:

• Base Work+ solution suite: Internal resource management, meeting support,…

• Base Info+ solution suite: Manage and organize documents, plan work, support knowledge exchange,...

• Base HRM+ solution set: Payroll processing, timekeeping data management, project data calculation support,...

• Base Sales+ solution suite: Customer management and business development.

Advantage:

• Help leaders understand the business through real data.
• Scientific design, pure Vietnamese so easy to use.
• Support internal communication, contributing to promoting exchange and interaction between employees.
• App Base works smoothly, supports remote working.

Disadvantages:

• Menu in both Vietnamese and English can be confusing for users.
• Each feature is divided into small apps with complex operations.
• Businesses with complex workflows will find it difficult to apply Base.

2.8 Ecount

Ecount is a software that provides business management solutions that allow you to customize the menu interface, categories, and report templates according to your needs. Ecount is also a free business management software with some basic features.

Key Features:

• Integrate management tools such as accounting, inventory management, customer management, sales, etc.
• Create and manage orders, track sales.
• Integrate many reporting tools and record business data.
• Support remote access to enterprise data.

Advantage:

• Possesses many important features in business such as business management, warehouse, accounting, etc.
• Many features of the software are completely free.
• Books and reports are generated automatically.

Disadvantages:

• Businesses have to spend a lot of money on the remaining features without being able to separate the applications they need.

3. Benefits of using business management software

Applying business management software brings many benefits such as:

• Save management costs: Managers do not need to spend much time and effort while work efficiency is still guaranteed.

• Track and assign internal tasks effectively: The software can send automatic reminders to members or track work, helping employees complete tasks as soon as possible.

• Improve teamwork efficiency: Employees can discuss budgets, tasks, and work progress with just management software.

• Improve work productivity: Important parts of the job are all present in the management software, employees can clearly know what they need to do and at what speed.

• Effective budget management: Management software supports business budget management, limiting loss.

4. Criteria for choosing the best business management software

When businesses choose management software, they need to rely on the following criteria:

• Financial capacity : Enterprises choose subsystems that suit their needs and based on their budget. They can compare software to optimize costs.

• Usage needs: It is necessary to clearly define management needs to choose a comprehensive management solution or just need individual tools.

• Future-proofing: As a business expands, more management needs will arise. Therefore, leaders should prioritize choosing comprehensive management software.

• Reputation of the service provider: Long-standing service providers with experience in consulting and implementing ERP, with advanced technology platforms such as EDUTO, will provide the best solutions for businesses.

• Ease of use of the software: Minimalist software should be preferred for ease of use by employees.

5. EDUTO provides comprehensive ERP solutions

EDUTO is a leading provider of digital transformation solutions, products and services domestically and internationally. With more than 1,000 leading ERP experts with experience in implementing at more than 300 businesses and organizations over the past 20 years, EDUTO is ready to help you centrally manage digital data with smart ERP solutions to meet your business development goals.

EDUTO is proud to be a senior partner of the world's leading ERP system providers  for many companies. Systems deployed by EDUTO for customers will receive many incentives and support from the world's leading technology company.

Comprehensive ERP solution with diverse product ecosystem of EDUTO

Related articles: 

• Enterprise Management System: Concept, Role and Optimization Steps
• What is ERP? Applications and how to deploy ERP system

The use of enterprise management software is very popular today. These software help internal work systems and projects to be arranged and planned effectively. From there, businesses have more time and effort to focus on developing scale, increasing competitiveness in the market. If you are in need of consulting on digital transformation solutions such as management software, please contact EDUTO for detailed support.

‍