There are a lot of ERP options on the market. Some are fit for smaller companies, while some are made for hundreds of users in a massive company. Some are best suited in certain industries like process manufacturing, while others have basic functions. Some will cost less, some will cost more. Clearly, there is no one-size-fits-all and you have to do some research to find the best ERP solution for you.
In this blog series, we will break down the ERP options into 4 categories: Entry Level, SMB, SME, and Tier One. These categories are based on the size of a company, from smaller to largest. In each category, we will name the big players in the ERP market and what each has to offer, in order to make your decision a little easier.
QuickBooks has one of the largest customer bases, about 6 million people are using the software. In addition, they have a community of CPAs and accountants “ProAdvisors” that reaches to about 130,000. There are two options available for QuickBooks, enterprise or online, which is a cloud-based option. There are about 310 apps available to help with the functionality of the product in their app store, Apps.com.
Sage 50, formerly known as Peachtree, has about 500,000 customers. It is based in the UK, but has a decent presence in North America. Similar to QuickBooks community of “ProAdvisors”, Sage 50 has their Sage Accountant Network with about 26,000 accountants. Sage 50 is not currently available in the cloud and there are no known plans for it to be in the future. Sage 50 also has an app store with about 80 available add-ons in SagePSS.com.
Xero is a new player in the game, having been founded in 2006. Despite their newness, they already have about 600,000 customers on their product. This makes them one of the fastest growing entry-level solutions. Xero has about 16,000 global partners and is available exclusively on the cloud. The Xero app marketplace boasts about 400 add-ons to extend the life of the product.
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