1. Microsoft Dynamics

Microsoft is an ERP software that not only provides data connectivity in ERP systems but also in productivity tools, e-commerce, and even customer engagement solutions. Microsoft Dynamics solution system brings many effective benefits and outstanding features for users. 

Solutions for businesses: 

• Create breakthrough changes in business operations, improving experiences from performance to customer satisfaction.
• Optimize operational processes to ensure neatness and accuracy, while providing a comprehensive view of all business operations.

Features: 

• Ability to perform in-depth analysis using Business Intelligence
• Highly accurate analytics in real time
• Customizable to your business needs with a worldwide network of partners. 
• Ability to use offline. 

Field: 

• Finance
• Customer service
• Sell
• E-commerce 
• Product supply chain

2. SAP

First of all, we can mention the ERP software SAP Business One which integrates many different types of modules suitable for small and medium-sized enterprises. The software is integrated on a cloud computing platform, helping many businesses manage financial activities, operate systems, and take care of customers more effectively. 

Solutions for businesses: 

• Track and manage all financial transactions of the business.
• Manage employee information, recruitment and payroll processes.
• Optimize supply chain processes from source to customer.
• Manage production processes from planning to resource coordination.
• Manage every aspect of the sales process and provide customer service.

Features: 

• Provide remote support for smooth testing and operation. 
• Backup data and maintain effectively and quickly..
• Enhanced data checking and automatic error correction when issues are detected. 

Field: 

• Manufacturing industry
• Financial Services
• Retail and E-commerce
• Energy and Resources

3. Oracle

Oracle is one of the ERP software currently chosen by businesses in human resource management, distribution and production. The software is an ERP solution integrated on a cloud computing platform suitable for small, medium and large businesses. 

Solutions for businesses: 

• Efficiently manage financial, inventory and human resources on a single system.
• Manage enterprise resources, increase productivity, operational efficiency and adaptability to execute business strategies.
• Systems deployed by EDUTO for customers will receive many incentives and support from the world's leading technology company.

Features: 

• Perform financial management, project management, order management or product lifecycle management. 
• Supply chain planning and business planning. 
• Control and planning in supply chain.
• Financial management and analysis.

Field: 

• Manufacturing and product industry
• Finance
• Supply chain

See more: The best effective business management software

4. MISA AMIS

One of the popular ERP software today is Amis, provided by the reputable software development company Misa. Amis is an effective management solution for medium and large-sized businesses. 

Features: 

• Data connection between Sales - Accounting - Human Resources departments
• View reports anytime, anywhere in real time on mobile
• Automated reports help managers accurately assess the company's development situation.

5. Open Bravo

The next ERP software mentioned in this list is Open Bravo. This is a fast loading, easy to use software and about 6000 small and medium sized businesses are using this software. 

Features: 

• Ability to run on different browser devices.
• Develop logical, modern and easy-to-use workflows in business operations and management. 

6. Apache Ofbiz

Apache Ofbiz is one of the ERP software currently trusted by many companies to manage their businesses. The software is designed with available modules or supports customization depending on the specific requirements of each business. 

Features: 

• Set up plans
• E-commerce
• Customer Relationship Management
• Manage supplier information 
• Support in supply chain management
• Manage other assets

7. ERPNext

ERPNext business management software is an Indian software and is trusted by many large enterprises in the world. ERPNext has the outstanding feature of open source “low code, no code”. 

Features: 

• The best free open source ERP solution today
• Own a full range of comprehensive management modules for businesses
• ERPNext's interface is easy to use and meets management needs from basic to complex.

Field: Manufacturing, services, retail chains, construction,…

8. FastWork

Unlike current ERP software such as Bravo, ERPNext,… FastWork develops a system of specialized applications suitable for each group of small and medium-sized customers. FastWork focuses on optimizing operating costs as well as improving business operations.

Features: 

• There is a module that directly supports CRM sales management activities.
• Tightly control business operations and digitize electronic offices
• Providing effective total business management solution package

Field: Construction, retail chain, service, engineering, maintenance, elevator,…

9. Odoo

Next, we cannot ignore Odoo software,  which has an open source code that allows users to develop. In addition, Odoo also integrates additional features to meet the specific needs of each business. 

Features: 

• Multiple application stores can be integrated in one system. 
• Allows businesses to choose or customize when using open source code. 
• The cost of implementing corporate governance is significantly reduced. 
• There are automatic reports or the ability to integrate notification widgets. 

10. Epicor

Last on this list of popular ERP software is Epicor – an enterprise resource planning software system. With options and features that can be expanded according to the size of the business when using Epicor ERP software. 

Features: 

• Includes multiple business management features such as real-time data collection, analysis, and storage support. 
• The collected data will be stored in various forms. 

11. FAQs about ERP software

ERP business management software has become an indispensable part of managing and operating modern business activities. Below are answers to questions that businesses often encounter when using ERP software. 

Benefits of using ERP software

Using business management software brings many important benefits such as:

• Improve productivity in the work process
• Ensuring accuracy and transparency
• Support management and decision making in the enterprise
• Improve your business operations
• Increase competitiveness with competitors

When should businesses implement ERP?

The timing of ERP software implementation today often depends on many factors. However, there are some common times that businesses often consider implementing ERP as follows: 

• Businesses that need to expand branches or expand business scale
• Businesses are having problems with data management
• The company wants to restructure its operations because it is too cumbersome.
• Businesses are in the early stages of digital transformation.

Cost of implementing ERP business management software

The cost of ERP depends on many factors: software provider, implementation unit in Vietnam (if using foreign ERP), selected modules and features, deployment form (on prem/on cloud). In general, ERP deployed on cloud will cost less than ERP on prem because businesses do not need to invest in hardware and do not need to hire IT experts to operate internally. The implementation unit will be responsible for handling maintenance and charging customers an annual or monthly fee, usually based on the number of users.

When calculating the return on investment (ROI) and total cost of ownership (TCO) of a new ERP implementation, the initial and ongoing human resource costs are just as important as the costs of selecting and implementing the software. For example, maintenance, facilities, downtime, recovery, security, privacy, and IT expert costs are all important considerations. As mentioned, cloud deployments can significantly reduce both capital and operating costs, helping businesses improve both ROI and TCO.

Related articles: 

• AI Application Trends in ERP System: Smart Business Management System
• [October 2024] Top 10 IT outsourcing companies in Vietnam

Above is detailed information about ERP software that is currently very popular and is trusted by many companies in business management. If you are interested and want to learn more about how to deploy and customize this ERP software for your business, please contact EDUTO immediately - a trusted partner in providing leading information technology solutions in Vietnam.