Name the best ERP software for SMEs
Business software: These are the facts SMBs should know
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Small and medium-sized companies can benefit significantly from the use of suitable business software. But what types of solutions are there and what are the specific advantages? This article provides concise answers.
The term "enterprise software", also called business software or enterprise application software, is broadly defined. It basically describes all software solutions that can be used in a company. In the business area, the following categories should be mentioned in particular:
• Enterprise Resource Planning (ERP) software: Management of company resources and processes
• CRM software (Customer Relationship Management): Manage customer relationships
• DMS (Document Management Systems): digitizing, managing and archiving documents
• BI (Business Intelligence) software: Performing analyzes, monitoring key figures and KPIs
• Project management software
• Accounting software
• Payroll and HR software
The boundaries between these types of software are often fluid today. In particular, comprehensive ERP systems that contain almost all of the above-mentioned functional areas are becoming increasingly popular. But how can SMEs specifically benefit from business software such as ERP?
Last but not least, companies have to think about the operating model. Here, SMEs basically have the choice between on-premise systems (local operation in-house) and cloud solutions (hosting of Enterprise softwarein an external data center). The low initial investment, flexibility, scalability, connectivity and mobility speak in favor of the cloud variant. The safety standards are also very high in the meantime.
But the classic on-premise installation also has advantages. An on-premise ERP is usually particularly easy to customize, which is especially important for companies from niche areas. In addition, with on-premise software, the data always remains in the hands of the user company. In the long run, this variant is also a little cheaper financially.
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