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Top 5 ERP Systems in Dubai and UAE for 2023

In the modern business world, Enterprise Resource Planning (ERP) systems have become an integral part of any business organization. S Best Trusted ERP Systems help organizations manage their entire business processes.

Table of Contents:

1. What is an ERP System?

2. Benefits of using ERP systems

3. 5 Best Trusted ERP Systems

4. Conclusion

What is an ERP System?

As the name indicates, an ERP system has three main elements Enterprise, Resource and Planning. Hence it's understood that an efficient ERP system should help Enterprises manage and use their resources effectively through proper planning of the entire business processes such as Finance,  HR, Production, Projects, and so. An ERP system integrates data from all operational processes for more effective and efficient business operations.

Enterprise is commonly used to refer large business organization. But with advancement in IT technology enterprise word in ERP means business organization. ERP is widely used by all types of business ranging from Small, Medium and Large.

The advancement of IT enabled easy customization of ERP systems to meet the demands of each company. Hence all types of businesses can benefit from the ERP system

Benefits of using ERP systems

The use of ERP system helps to streamline the business processes of an organization. ERP  analyze your company’s data by an integrated application. ERP will view, collect and process data across every functional part of your organization and provide real time reports accordingly.

Work will be more efficient, and business processes will be more productive as data are easily available. This saves time and reduces cost. Reduced production time without compromising on quality will be appreciated heavily by customers. ERP system thus benefits an organization mainly with

a. Streamlined Operations

b. Centralized data access and storage

c. Financial and Operational Control

d. Availability of Real-time Reports

e. Efficient planning

f. Supports Budgeting

g. Cost Reduction

h. Improved Efficiency

i. Reduced production time

k. Increased Customer Satisfaction

 

Hence ERP is a long term investment for any organization and the selection of ERP should be made wisely.

5 Best Trusted ERP Systems

Selection of an ERP System is a crucial part which has to be done wisely. Since ERP is an investment which will become the backbone of your organization's daily function. Based on Customer Satisfaction 5 Best Trusted ERP Systems is listed below.

1. SAP ERP System

The SAP ERP system is one of the popular ERP System that exists and many of large scale organization in UAE are using SAP ERP Application. SAP stands for System Analysis Program. SAP is in the market since 1992.

SAP accomplishes data challenges through real-time analytics, machine learning processes, data consolidation, and budgeting features.

SAP solutions are used by various business domains like Production, Trading, Contracting and Service etc. Customization cost is on the higher side, which makes SAP to be expensive for SMEs. SAP has more than 40 years of expertise in enterprise resource planning across a variety of markets and corporate sizes. 

With the help of technologies like cloud computing, machine learning, sophisticated analytics, and the SAP HANA in-memory database, SAP S/4HANA provides new ERP capabilities.

2. Oracle ERP System

Another well-known enterprise resource planning system is Oracle ERP. It is widely used by large corporates mainly as a database management system. Oracle is a leader in the cloud computing space. Oracle ERP is a cloud-based software program intended to streamline daily business operations and back office operations. 

One of the market's biggest participants right now is Oracle. Oracle ERP provides a broad range of solutions that boost efficiency and cut costs while enabling firms to make wise business decisions.

The Oracle ERP is designed for companies that need to streamline large amounts of financial data. For multi company transaction management under a business group Oracle is widely accepted.

3. Netsuite ERP

Netsuite ERP is the first company to supply ERP system for business activities. Netsuite ERP was founded in 1998 and acquired by Oracle in 2016. In 2017, the product was launched in Indonesia.

The success of NetSuite in providing the best cloud ERP / financials suites to businesses worldwide, helping them to drastically reduce IT expenses while also boosting productivity, continues as the usage of the cloud is rising globally. 

Netsuite provides several solutions for all types of business scales from small to large businesses. Netsuite have financial management, revenue management, billing management, inventory management etc as required by various business sectors.

4. Fortune ERP

Fortuner ERP from Fortune Technology LLC is another best ERP system which provides all functionalities needed for all range of businesses. The main advantages of Fortuner ERP System is that it is very feasible to any type of business domains and customization is very stress-free to adapt unique business activities and requirements

The key factor of Fortuner ERP is that customization can be easily incorporated as required.

Small, Medium or Large Corporate can use Fortuner ERP with ease. Fortuner ERP can be used along with various solutions provided by Fortune Technology LLC like their Ventas POS.

5. Epicor ERP

Epicor Software can be used by businesses in various sectors like manufacturing, distribution, retail, service, and other industries. Activant, HQ in Austin, was formed in 1972 and Epicor became the company’s name in 2011.

Epicor offers solutions in supply chain management, customer relationship management, human capital management, and others.

Conclusion

ERP system is used to streamline the business activities of a company. Information and data of the company is managed by the ERP system for easy and ready access. ERP proves to be a long term investment as it reduces cost and time which in turn increases the ROI. 

Hence ERP selection should be done with at most care and study because ERP will give the desired output if the right ERP is implemented and used effectively.

 Optimum benefit of ERP is possible if selection and use is done properly.

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