Compare Cloud ERP Systems & Software
Cloud ERP solutions are becoming increasingly popular as organisations look to outsource their IT maintenance and focus on innovation. But evaluating and selecting Cloud ERP solutions can be confusing with so many acronyms and industry specific terms.
At ERP Research we have done the comparison for you, comparing Cloud ERP solutions from more than 50 vendors.C
Multitenant (SaaS) Cloud ERP Solutions
Multitenanted Cloud ERP solutions, also known as Software-as-a-Service, offer the lowest TCO and maintenance Cloud ERP solutions, making them the cheapest Cloud ERP solutions available. However, in comparison to On-Premise or Singlet Tenanted Cloud ERP solutions, they also tend to limit your business with the amount of flexibility and customization available. We have compared some of the most popular multitenant Cloud ERP solutions below:
Sage Intacct
Sage Intacct ERP is delivered as a SaaS Cloud ERP solution and can be used on any device from laptop to tablet or mobile. Intacct is a completely multitenanted solution delivered natively in the Cloud.
SAP Business ByDesign
SAP Business ByDesign is a native Cloud ERP solution with over 6000 active customers which is hosted across multiple SAP datacenters, allowing SMB & SME organizations to take advantage of the Cloud.
Oracle Netsuite
Netsuite was the first ERP solution to popularise Cloud ERP and as such it offers a robust set of functionality for any organization looking for a Cloud ERP solution and is therefore usually on every ERP selection list.
SAP S/4 HANA Cloud
SAP S/4 HANA ERP offers multiple deployment models from multitenant to single tenant and On-Premise. The multitenant Cloud ERP option provides a quicker time to value and out of the box best practice processes for growing organizations.
Workday
Workday is a fast growing native multitenanted Cloud ERP solution offering integrated finance, human resources, spend management and analytics. Workday is unique its focus on customer satisfaction and end user experience.
Microsoft Dynamics 365
Like SAP, Microsoft Dynamics 365 comes in a variety of deployment models, including a multitenant SaaS Cloud ERP model. Dynamics offers best of breed capabilities for finance and operations plus customer engagement from a Tier 1 vendor.
Single Tenant Cloud ERP Solutions
Single tenanted Cloud ERP solutions, also referred to as Private Cloud ERP offer your business the greatest degree of flexibility, customization options and control, whilst also offering the scalability and cost benefits of the Cloud. These Cloud ERP solutions are best suited to organizations with complex processes or those who prefer flexibility over cost benefits:
SAP S/4 HANA Cloud
SAP S/4 HANA also comes in a single tenanted flavour as well as On-Premise and multitenant. SAP S/4 HANA Cloud Extended. This SAP Cloud ERP solution allows for global scalability, supporting dozens of industries with best of breed capabilities in multiple lines of business.
Microsoft Dynamics 365
For SMB & SME companies scaling up, having integrated financials, customer engagement and productivity apps often pushes them to Microsoft Dynamics 365 ERP. Dynamics offers best of breed customer engagement plus finance in one.
Workday
Fast growing SMBs & SMEs depend on hiring and retaining top talent whilst also looking after their finances. Workday rises to the challenge with their integrated platform for financials, spend management, human resources and analytics.
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What is Cloud ERP? How does Cloud ERP work?
Cloud ERP is much the same as traditional On-Premise ERP. It includes all of the same functional modules, however it is hosted and delivered to your business over the internet via a web browser.
Cloud Hosting
Naturally, all Cloud ERP solutions include hosting as standard. Hosting can be delivered via private datacenters or through a hyperscaler of your choice, such as Amazon Web Services, Google Cloud Platform or Microsoft Azure.
Configuration or Customisation
Cloud ERP solutions tend to work best when you conform to their processes, rather than when you try to bend the system to your own. Although many Cloud ERP solutions do support customizations, in many cases, vendors will suggest adapting your processes to the system.
Updates and maintenance
Cloud ERP solutions typically include system updates and maintenance as part of their service offerings. Although this is usually the case with multitenant Cloud ERP solutions, it's worth checking the small print if you're evaluating a private Cloud ERP solution.
Advantages & Disadvantages of Cloud ERP
Even today, many IT and ERP thought leaders are divided on whether Cloud ERP is truly the best way to deploy an ERP solution, or if it's vendor hype. So here's our take
Advantages of Cloud ERP
The core advantage of Cloud ERP is that it reduces the operational and IT burden on your organization, for a service which in most cases is not a unique differentiator for your business. Cloud ERP allows you to stream your key business information wherever you are, without having to worry about servers, networks or anything else to distract you from your day job. Secondary to that, Cloud ERP vendors would also argue that overall, Cloud ERP is cheaper than an On-Premise solution once you consider the IT personnel, upgrade costs and other overheads of maintaining an On-Premise solution.
Disadvantages of Cloud ERP
The biggest disadvantage of Cloud ERP solutions is typically the lack of flexibility and control they provide. Rather than having your software sitting on a server you control, you're just leasing the software from a vendor and they control everything. Whilst this is also an advantage for some, for others this makes Cloud ERP too inflexible, especially in some regulated industries such as financial services and pharmaceuticals. That said, there are options available for customization, however this differs from one Cloud ERP solution to another.
Best Cloud ERP Software for SMBs 2021
In this article we review and compare some of the most popular Cloud ERP solutions on the market including Netsuite, Sage, SAP and more.
ERP Requirements Gathering (RFI, RFP) Template Excel
Start your ERP evaluation process with our RFI & RFP Excel template for the engineering industry.
ERP Project Budget Calculator Template
Calculate the costs of your ERP project with our prebuilt budget calculator.
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Find & Compare Cloud ERP Software & Solutions
Find and compare every Cloud ERP solution on the market with our ERP comparison tool. Compare and contrast multitenant, single tenant and private Cloud ERP solutions from Tier 1, Tier 2 and niche vendors.