Enterprise Resource Planning for Engineering

Engineering ERP software is specially designed and implemented to cope with the business needs and priorities of engineering firms and businesses in the engineering industry. This means that the best engineering ERP software includes modules such as financial management and accounting but also project and programme management, procurement, human resources, sales and CRM. These modules are key to engineering firms that deliver commercial projects for clients.

Engineering ERP systems can provide many benefits to your organization including:

• Improved profit margins
• Better business analysis and intelligence
• Increased customer satisfaction
• Reduced stockholding
• Increased resource utilization
• Lower human resources churn and higher employee satisfaction
• Reduced carbon emmissions
• Better data integration and process excellence

Engineering ERP software can cost anywhere from $10,000 - $10M dollars and beyond. The costs depend based on the size of your engineering business, the solution you choose to implement, the scope of your implementation project, the engineering ERP system you choose and the level of customization you implement. Furthermore, once you've implemented the engineering ERP system, you need to consider support and improvement costs. Engineering ERP projects can be expensive, but can also yield huge returns when done correctly.

The best ERP for engineering will depend on the size of your business, your IT landscape and several other factors. We have reviewed some of the most popular ERP systems for engineering above which include the likes of SAP, Oracle, Netsuite,  Microsoft Dynamics, Sage and more. To find out more, just scroll up and click on the engineering ERP solution to learn more.

ERP software in the engineering industry typically integtrates various different business functions into one business system. For example, financial management and accounting, inventory management, supply chain management and supply chain planning, procurement and purchasing, human resources and customer relationship management and sales.

By combining these different departments and workflows into one system, engineering companies can make better use of their data, pinpoint the location and status of their people, resources and finances more effectively and reap the bottom line benefits.

Engineering ERP modules typically include:

• Financial Management & Accounting
• Inventory Management & Stock Control
• Procurement & Purchasing
• Human Resources & Payroll 
• Project Management & Portfolio Management
• Supply Chain Management (SCM)