Enterprise Resource Planning (ERP) systems are Management Information Systems (MIS) that arrange all the business process in the central database. This system automates business practices related to operations, distributions and production aspects of a certain organization engaged in services or manufacturing of products.
Popular ERP Vendors in India
· Oracle
In 1977, the Oracle Corporation was founded. It is the number one company in the world which is involved in database management systems development and data development tools. Oracle is also into enterprise resource planning software (ERP). The Oracle e-Business Suite consist of software which performs manufacturing, financial, marketing, materials and HRIS related functions.
· SAP
In 1972, the SAP or Systems, Applications and Products in Data Processing were founded in Germany. The enterprise application suite of SAP R/3 for server or open client architecture is considered excellent though not perfect. The SAP R/3, the “R” means real-time and 3 for three tier architecture: the Application Layer, Database Application and Client Layer. The SAP software is a high level of integration compared to its individual applications.
· Microsoft Dynamics
The Microsoft has introduced Navision (NAV) and Axapta (AX). The Microsoft Dynamics Axapta (AX) is a business management solution to organize the business practices. The Microsoft Dynamics Navision (NAV) is designed basically for medium size or small companies. It’s a cost effective solution which are customizable by organizations.
· QAD
The QAD manufactures PRO/MFG Enterprise Resource Planning (ERP) software for 6 main verticals: Consumer Products, Automotive, Food and Beverage, Electronics, Life Sciences and Industrial Products. This ERP software contains multiple optional modules such as marketing, manufacturing and material, and add-on modules such as Trade Management and AIM Warehousing.
· Infor Global
Infor Global is an Enterprise Resource Planning global provider for distribution, manufacturing, pharmaceuticals, chemicals, food and beverage and other businesses. It is the world’s third largest Enterprise Resource Planning Company.
These vendors offer ERP software for large organizations. In this field, Oracle and SAP are the key players. Oracle and SAP has launched ERP for the SME segment. Aside from the vendors mentioned above, The Sage Group, 3i-Infotech, Ramco Systems, Godrej, ESS, Intentia and a lot more are also available in Indian market for SME segment as well as in other markets such as Gulf, Africa, South East Asia, etc.
SAP, Oracle, Ramco Systems, 3i-Infotech, Intentia, Godrej and ESS have introduced integrated systems for midsize and small companies. They have developed enterprise solutions for different verticals such as Retail, FMCG, Manufacturing, Electronics, Electrical, Dairy, Hire Purchase, Jewelry, Engineering, etc. Every company or organization has different transactional system which records different information from business practices. You should be careful enough when it comes to choosing a vendor or software for your company because it is really hard to change installed integrated software.