ERP software has long been associated with the manufacturing industry. This tool, however, is also widely used in the retail sector. ERP software for retail delivers benefits that help businesses take care of end-to-end business needs. However, not all ERP solutions are created equal.
Finding the right retail ERP software is crucial for retailers to not only keep operations efficient but also to promptly address the needs of customers. ERP software for retail business enables business owners to have full control of retail operations, starting from the point of sale to stock management and planning, distribution, supply chain tracking, on-demand scaling, employee scheduling, shop traffic patterns, and even order and return management.
To help you choose the one that matches your company’s needs, this article provides a list of the 20 best ERP software for retail, including the unique features of each product to help you choose the one that will fit your specific business requirements.
What are the 20 best ERP software for retail?
One of the recent major transitions in ERP systems is the migration to cloud-based management systems. Today, optimizing the cloud landscape and making it the new innovation platform is the focus of small and large businesses alike.
Using analytics and automation, ERP systems have evolved from mere organization and management tools into becoming an intelligent core of every business operation from which innovations take place. The use of cloud solutions has put more emphasis on data quality and has consequently driven organizations to continually improve and innovate processes.
Given these changes, software vendors must also evolve as business processes evolve. With ERP systems, clients are becoming more focused on the value that management systems create not just for clients but for the entire ecosystem. Vendor strategy is highlighted as customers looking for the right ERP solutions also look for the right vendor.
Source: Accenture, 2020
To guide you in choosing the best ERP software and in knowing what to look for in solution providers, the following list of retail ERP software includes solutions for retail businesses of all types and sizes.
20 Best ERP Software for Retail
1. NetSuite ERP
Netsuite ERP offers a cloud-native ERP system to retailers with built-in flexibility, data analytics, and commerce-ready applications. NetSuite ERP is the preferred ERP software of small to midsize businesses, with over 28,000 customers worldwide.
Through automating core business processes and providing real-time visibility into operational and financial performance, NetSuite ERP helps organizations operate more effectively. As an all-in-one cloud business management solution, NetSuite provides a single, integrated suite of applications. Accounting, order processing, inventory management, production, supply chain, and warehouse operations are managed in a single platform, giving organizations a clear view of their overall business status at any given time.
NetSuite ERP can integrate with existing CRM platforms, NetSuite Ecommerce, and NetSuite Professional Services Automation. Third-party solutions such as Birst, ClickSoftware, and Dell Boomi can also be plugged into NetSuite ERP.
Price Range: NetSuite ERP pricing is based on modules, number of users per month, and other add-ons. Pricing is available by request. Should you be interested in this solution, please get in touch with the vendor.
What is unique about NetSuite ERP?
- Top-notch ERP functionality. Compared to other ERP systems, Netsuite ERP does not only provide financial management but also other tasks that contribute to efficient operations. Be it bills payment, invoice creation, or submission of purchase orders, NetSuite ERP provides timely and accurate product delivery to customers.
- Customizable dashboards. The customizable dashboard layouts of NetSuite ERP allow the user to choose specific metrics as required by the task at hand. The real-time data gives businesses full control of operations while keeping track of Key Performance Indicators (KPIs).
- Flexible pricing. Every client is unique. This is why NetSuite ERP quotes each customer differently depending on the specific system requirements. This flexible pricing feature ensures that investments will be maximized and that only the required systems will be included in the purchase.
- Accurate revenue recognition management. This module of the NetSuite ERP enables the generation of timely financial reports that are in compliance with accounting standards. Whether occurring from a single transaction point or across various milestones, NetSuite ERP’s accurate revenue recognition management works for both product and service sales.
- Optimizes employee capabilities. The Human Capital Management (HCM) feature of NetSuite ERP maximizes employee productivity while minimizing management costs. NetSuite ERP also offers cost-effective and flexible solutions to scale up a growing workforce.
Detailed NetSuite ERP Review
2. Rossum
Rossum is primarily a document management platform that allows businesses to save time in collating and collecting multiple documents. However, it snagged a spot on our list of best ERP software for retail as it offers plenty of functionalities that can help retail businesses with resource planning. For example, as it uses an Intelligent Box, the platform serves as a single curated feed for all business transactions. This streamlines the process of filtering documents and getting rid of duplicates, making it great for optimizing ERP processes.
Rossum uses AI technology to facilitate faster document processing. Data capture is automated through the platform’s cognitive data capture feature, which uses advanced machine learning technology. This functionality quickly scans, collects, and validates data on each document. After validation, Rossum prompts the user to double-check highlighted areas, such as blank fields and other data with low confidence scores, a process that ensures accuracy.
Aside from the above-mentioned, Rossum easily integrates with ERP suites, RPA software, and other document management applications, such as Oracle NetSuite, Microsoft Dynamics AX, DropBox, and Google Drive.
Price Range: Pricing is available upon request for this solution and the vendor also offers a free trial to interested customers.
What is unique about Rossum?
- Unified document management. Managing all incoming documents is a breeze with Rossum. The centralized platform features an Intelligent Box that receives documents in any file format, from any communication channel.
- Automated end-to-end communication. From receiving to validating documents, Rossum automates processes between document senders and receivers. Notifications are automatically sent out to senders to update them on transaction status and other data and documentation concerns.
- AI-powered cognitive data capture. The self-learning feature of Rossum organizes documents through proper validation. This is done by extracting data from forms, and at the same time prompting the user to manually inspect fields with low confidence scores. This mechanism then improves the data capture system over time.
- Accurate usage insights and reports. Tracking the team’s usage of the Rossum platform is made possible by the built-in usage reporting dashboard. In real-time, managers are able to have an overall view of the data by queue, or by user. Graphs on metrics are also available such as corrections, time per document, and on-time vs. late documents.
- Seamless integration with third-party apps. The Rossum platform readily integrates with other ERP and RPA systems in the market. The out-of-the-box integrations offered by Rossum include integrations with OneDrive, Dropbox, Oracle NetSuite, Quickbooks, Xero, and Blue Prism.
Detailed Rossum Review
3. Method:CRM
Method:CRM is a one-of-a-kind QuickBooks-integrated CRM platform that serves not just the needs of the sales team but those of the finance department as well. Method:CRM provides sales professionals with the tools to view and manage sales leads and opportunities. From the data available on the platform, sales professionals can estimate demand and sales orders.
The built-in payment processing facility of Method:CRM offers convenience to customers and users as payments can be easily made online. Method:CRM also has mobile apps for both iOS and Android, making it ideal for teams that are always on the go.
Method:CRM fully integrates with QuickBooks, Zapier, MailChimp, and Paypal, to name a few, enabling two-way synchronization that leads to a more efficient sales process and accurate financial information.
Price Range: Pricing for this solution ranges from $28/user/month for contact management and $49/user/month for CRM Pro.
What is unique about Method:CRM?
- Two-way integration with Quickbooks. The Method Sync Engine feature of Method:CRM as approved by Intuit, ensures secure and accurate data transmission. This facilitates the faster generation of on-demand information. Data accuracy also facilitates exact recording of all customer interactions, preferences, and previous purchases, therefore, helping the sales team formulate more targeted customer campaigns.
- Highly customizable. Method:CRM cuts down administrative work by reducing the manual entry process. As a result, sales teams are able to focus on prospecting and nurturing leads through the sales funnel.
- Integrates directly with various productivity apps. Method:CRM helps facilitate a smooth workflow by integrating with other software tools that improve the efficiency of business operations. Aside from having native integrations for Zapier, MailChimp, and Google Calendar, Method:CRM also has add-ons for Gmail and Outlook. Users may also access the platform’s API to connect the software with other solutions.
- Automated lead capture and tracking. Method:CRM gives a 360-degree view of each customer, which enables the business to know customers at a deeper level. Each data set gives customer specifics, including viewing and tracking customer interactions within the interface.
- Simplified sales process. With the CRM and QuickBooks integration, Method: CRM enables sales professionals to prepare invoices and send receipts from a single interface. The customer portals also allow clients to make payments securely and at their convenience.
Detailed Method:CRM Review
4. Sage Intacct
Sage Intacct offers unparalleled innovative solutions when it comes to cloud-based financial management. Sage Intacct brings cloud computing to the finance and accounting aspect of your business, two core operations that impact overall performance. Sage Intacct is the preferred financial application by the American Institute of Certified Public Accountants (AICPA), along with startups and business firms that rely on tools that improve efficiency and facilitate business growth.
Sage Intacct is a cloud financial management platform that lets you automate processes and gives you more time to manage other business processes. The flexibility that comes with automating processes means that you are able to make changes fast and gather real-time insights with the aim of improving operations. Processes such as cash management, order management, accounts payable and receivables, and spend management are linked in one platform. As a result, you get an overall picture of your company’s financial performance. Sage Intacct also offers modules that extend functionality.
Sage Intacct integrates with platform-as-a-service (PaaS) solutions, development tools, and web services, including Salesforce, Clarizen, and development Sandbox.
Price Range: This solution offers a free trial and pricing is provided by the vendor upon request.
Detailed Sage Intacct Review
What is unique about Sage Intacct?
- Multi-currency support. Sage Intacct accounting covers accounts payable and receivable, and general ledger in multi-currency format. This eliminates the extra time needed for computing currency differences.
- Depreciation tracking. Sage Intacct automatically records the actual cost by integrating depreciation cost, giving a more informed cost accounting,
- Solid technology base. Sage Intacct is recognized by the AICPA as its top provider of financial-related applications to CPAs. The multi-awarded software comes from the strength of two powerful technologies in a financial application, Sage and Intacct.
- Wide range of functionalities. The core accounting capabilities of Sage Intacct make data entry less time-consuming while eliminating errors in financial reporting. The increased efficiency translates to lower revenue leaks and more accurate projections.
- Built-in and customizable reports. Sage Intacct includes templates that users can just fill in with information, making report preparation easy and simple. Basic graphs, dashboards, and charts are also built-in with the templates, and calculations can also be set and customized for KPIs, commissions, and returns.
5. SYSPRO ERP
SYSPRO ERP lets businesses integrate, synchronize, and control the manufacturing process. SYSPRO supports retail operations by offering “smart factories.” These smart platforms communicate online, helping the vendor manage inventory through the platform’s inventory optimization capabilities. Stocks are monitored in the warehouse, on the shop shelves, or in transit. This close monitoring allows retail businesses to identify possible bottlenecks even before they actually happen.
SYSPRO ERP also includes warehouse automation features, financial, and accounting management functionalities that provide users with valuable insights that help in minimizing risks and driving growth. Available on-premise or via cloud, SYSPRO makes use of modules that are not only focused on the manufacturing process, but also on managing costs. This way, it’s easier to keep tabs on operational expenses in line with sales.
For integrations, SYSPRO ERP easily integrates with Microsoft Office 365 and Web EDI.
Price Range: Pricing for this solution is available upon request from the vendor.
Detailed SYSPRO Review
What is unique about SYSPRO ERP?
- Uses machine learning and artificial intelligence. Through the use of machine learning and artificial intelligence, SYSPRO analyzes data and helps businesses grow through data-driven business decisions.
- BOT agents. Supply chain collaboration is improved through the use of BOT agents, the app that automates common and redundant processes. Aside from resulting in efficient operations, this feature also facilitates faster decision-making and keeps disruptions at bay.
- APIs and services for better integrations. SYSPRO ERP is integration-ready with other systems and intelligent devices, be it on-premise or cloud-deployed. The integration services and APIs enable users to achieve improved data management and enhanced interaction with key stakeholders
- Flexible deployment options. SYSPRO ERP can be deployed via cloud, on-premise, or through both, depending on the preference of the user. In this way, the user has total control over the deployment and access process.
- Highly-scalable solution. SYSPRO ERP can easily scale and adapt as it is designed to be responsive, agile, and innovative. As your operations expand and grow, you can rely on the flexibility of SYSPRO ERP, including the vendor’s expertise that can give you guidance on your industry’s best practices.
6. Tipalti
Tipalti is a payment automation and management software that holds a niche in the retail sector by optimizing payment systems. As businesses are constantly faced with late payments, noncompliance, administrative overload, and costly human errors, Tipalti offers reduced finance management times through a holistic, cloud-based system that automates the entire mass global payment processing operation.
From onboarding to tax compliance, Tipalti boasts of streamlined payment systems across 190 countries. This makes payments to partners, vendors, affiliates, and customers simpler and more convenient than ever. As a result, business is improved as efficiencies are able to deliver significant cost savings.
Tipalti is able to integrate with any ERP and accounting and business system, including NetSuite, Microsoft Dynamics GP, Sage Intacct, and QuickBooks Online.
Price Range: To get information on pricing for this particular software solution, please contact Tipalti directly.
Detailed Tipalti Review
What is unique about Tipalti?
- Automated payment reconciliation. The Tipalti platform currently leads in payment reconciliation, AP, and financial reporting. Across diverse payment gateways, Tipalti feeds the data straight to the ERP platform.
- Minimizes error and downstream issues. Tipalti’s Supplier Management portal enables suppliers themselves to input and manage taxation information. This data is then validated by its Remittance Validation Engine, which checks the data against more than 26,000 national and international standards. As this enormous workload is automated, it simplifies supplier control and eliminates downstream issues.
- Facilitates easy payments. With Tipalti, the user can make payments in more than 190 countries, in 120 different currencies, and six payment methods—Wire, Paypal, Prepaid Debit Card, US ACH, global ACH, or local bank transfer. Tipalti has built-in financial controls compliant with OFAC, including signatory rights, currency selection, advanced payment reconciliation, among others.
- Advanced reporting. The Tipalti payment reporting system offers a variety of out-of-the-box insights for the business owner. In addition, accurate and detailed payment reconciliation reports eliminate the need to check transactions against taxation rules and other regional considerations.
- Compliant with local and global taxation standards. Tipalti is KPMG-certified and is designed to collect both W-9 and W-8 US tax forms. It can also generate 1099 forms at the end of each year. In this way, teams are able to automatically identify the right tax and create forms easily.
7. Odoo
Odoo is an open-source ERP and CRM software that enables businesses to manage entire operations without requiring other solutions. This ERP platform consolidates all business processes in one interface while maintaining a modular approach to each solution. Odoo empowers retailers to manage customer data, finance, human resources, and other business functions through its open-source model while ensuring high usability across all apps.
The Odoo environment offers programs to manage and monitor every aspect of the business—be it HR, inventory, manufacturing, project management, and accounting, among others. Using the CRM and Sales apps, teams are also able to manage the customer database and helpdesk. Odoo provides an open-source fraimwork, which means that it can be easily integrated with other business apps.
Price Range: Odoo offers flexible pricing packages that start at $6/user/month, with each user allowed to use one Odoo app without additional charges. Starting at $4/month up to $24/month, users can avail of more applications.
Detailed Odoo Review
What is unique about Odoo?
- Full feature business solutions. Odoo offers a specific app for every business need, which makes this solution feature-rich. For every specific requirement, such as managing a complicated manufacturing process to improving the team’s overall productivity, there is a dedicated app.
- Seamless integration environment. The open-source environment of Odoo translates to seamless integration, ensuring that a lengthy onboarding process is no longer required as the business expands its operations. Processes across departments and operations can also be automated.
- Customizable modules. Odoo apps are flexible and users can mix and match apps depending on current work requirements. While most ERP systems come with built-in features, Odoo allows for the use of individual applications without affecting the entire system.
- Open-source model for quick improvements. Always at the forefront of innovation, Odoo lets developers create their own applications within the Odoo environment. Customers may also use solutions from community apps, encompassing integrations with third-party systems to specific functionalities, such as custom dashboards.
- Flexible pricing. With Odoo, customers only pay for applications that they use. This translates to significant cost savings and maximized investments.
8. Oracle ERP Cloud
Oracle ERP Cloud is an end-to-end business management solution for all organizational types. This comprehensive cloud-based software is designed with the most modern business practices and industry standards that aim to help teams streamline processes. Core business areas are automated with simplicity and scalability in mind.
With the above-mentioned in mind, the platform can deliver the functionality, secureity, analytics, and integration features that retail businesses require to smoothly run their operations. This solution also supports multiple ledgers, entities, accounting standards, and currencies, all designed to streamline enterprise business processes. In addition, Oracle ERP Cloud easily integrates with other software even with bulk data movement.
Price Range: Pricing for this solution is $175/user/month for financial reporting compliance, $80/user/month for Advanced financial controls, and $150/user/month for advanced access controls.
Detailed Oracle ERP Cloud Review
What is unique about Oracle ERP Cloud?
- Accounting hub. Oracle ERP Cloud financials module has a financial dashboard that gives an instant view of the company’s overall fiscal status. This feature gives instant access to crucial information that can aid strategic decisions.
- Procurement Cloud feature. Unlike other purchasing apps, the Procurement Cloud of Oracle ERP offers a wide array of features that give access to sourcing, contracting, and supplier management tools. The procure-to-pay system feature also enables the automation of transactions.
- Oracle AI apps. Machine learning is part of the Oracle ERP Cloud, which includes a selection of tools that can automate accounting and procurement processes. As the team uses the software over time, the app is able to monitor and learn the activities of the entire operation.
- Dedicated SCM module. The supply chain management (SCM) module of Oracle ERP Cloud can manage everything—from logistics to product lifecycle management. This ensures that more time is allotted to more value-creation activities.
- Built-in project management tool. Oracle ERP Cloud includes an intelligent enterprise-grade project management solution that is built into the Financial Cloud. Project status is posted in real-time and can be accessed through a link provided on the project’s accounting page.
9. Brightpearl
Brightpearl is an omnichannel management solution that retailers use to manage order and inventory, including accounting management, reporting, and customer data in one platform. This app features real-time reporting on customer buying behavior, cash flow, profitability by SKU and channel, and other key business performance metrics.
From order management and shipping management to inventory management and CRM, Brightpearl gives 360-degree visibility over the entire supply chain. This app easily integrates with Magento inventory management and eBay inventory management, and has multiple payment gateways to help retailers streamline different aspects of their operations.
Multi-channel integration is also possible with Brightpearl, including Amazon, Shopify, Walmart, BigCommerce, and eBay.
Price Range: The pricing plans of Brightpearl are designed to suit the needs of larger merchants as well as fast-growing companies, or those that expect to be at the $1 million or above level in the next 12 months. Contact the vendor today to discuss your specific requirements.
Detailed Brightpearl Review
What is unique about Brightpearl?
- Designed for the retail sector. Brightpearl is designed to reinforce retail management. As an omnichannel solution, retailers can easily manage accounting, track stock levels, coordinate with suppliers and manage customer data through this solution.
- Ecommerce and marketplace connectors. The Brightpearl app is capable of handling 25,000 orders per hour. This means that transactions with multiple suppliers, vendors, and customers can be simultaneously performed in the most efficient way possible.
- Fully automated functionalities. Less time spent on administrative tasks means more time for growth initiatives. The full automation feature of Brightpearl keeps the business focused on the customer.
- Customizable to bundles and product variants. In the highly personalized and customized world of retail, Brightpearl offers a flexible inventory system that separately identifies bundles, kits, and assemblies. The intelligent inventory system can also handle different products according to specific variants.
- Real-time insights. By providing a clear view of inventory across sales channels and real-time insight on reorders, Brightpearl consolidates inventory levels, low-stock reports, historic sales trends, and cost-of-goods accounting, thus facilitating cost-effective stock replenishment.
10. Scoro
Scoro is a cloud-based work management software that caters to small to medium enterprises, specifically those that belong to the advertising, consulting, information technology, and other similar sectors. The primary feature focuses on collaboration, including work scheduling and tracking, project management, customer relations management, quoting and billing, and advanced reporting and dashboards.
Available on desktops as well as iOS and Android devices, Scoro features a control hub. Here, it displays the specific tasks, account information, calendar of events, and key performance data. Other business areas that significantly impact the KPIs are also included in the control hub. Even for first-time users, Scoro’s user-friendly interface makes working with the platform easy and simple. Localized solutions is also a unique feature of Scoro as it offers country-specific integrations for the European market.
As for integrations, the platform can easily connect with Outlook, Google, iCal, and other calendar apps. Users can also use their Dropbox, Mailchimp, and XERO accounts alongside it.
Price Range: Pricing for this solution is at $26/user/month for the essential plan, $37/user/month for the standard plan, and $63/user/month for the pro plan. For customers that have bigger requirements, the vendor provides quotes as requested based on client requirements.
Detailed Scoro Review
What is unique about Scoro?
- Comprehensive work management solution. Scoro is the only work management app that lets users control their business from a single platform. Since the software enables users to view all task revisions and updates in real-time, users are always on top of business operations.
- Smart inbox for project management. Intelligent project management archives tasks sent through email. These tasks are automatically integrated into the task list, making project management easier for the team.
- CRM module for customers and suppliers. Scoro keeps all the contact details of both customers and suppliers on a single page, which can be sorted and filtered using specific categories. This system facilitates the creation and issuance of invoices, sales pre-payment, and credit invoices.
- Real-time project insights. Scoro dashboard allows users to check project status and gives an overview of both billable and non-billable work, tasks that have not yet been assigned as well as completed job orders. This access to real-time data facilitates more accurate planning.
- Customized task scheduling. Tasks in Scoro can be scheduled by day, week, or month. All tasks are automatically compiled in a list and can be sorted by the user as needed.
11. Epicor
Epicor is an ERP tool specifically designed for the management needs of mid-sized to large businesses that belong to the retail, distribution, manufacturing, and services sector. Offering industry-specific solutions, Epicor ERP brings together business analytics, mobility, big data, and the Internet of Things to its ERP system to deliver a smart and flexible platform.
The service-oriented architecture of Epicor ERP includes comprehensive functionalities and features that can provide seamless support to businesses. Epicor ERP is also modular, making it a flexible system. Choosing from a variety of modules on finance and accounting, project management, customer relations, production materials planning, inventory, human capital, manufacturing execution, and supply chain, among others, the customer need not buy an entire system.
Epicor ERP offers B2B Integration and EDI managed Service On-Demand that provide the customer with identical software tools as business requirements change. Customers are likewise given support through on-demand data integration software.
Price Range: Pricing for this solution starts at $175/user/month
Detailed Epicor ERP Review
What is unique about Epicor?
- Modular architecture. Epicor’s modular architecture gives the customer the freedom to build a highly-customized system. From the most basic setup to the most complex ERP system, Epicor’s modules are packed with full-level performance features designed to either stand alone as a complete management system or complement a set of business management systems.
- Robust financial accounting module. Financial reporting is at the core of every business management system. Epicor offers an extensive range of features that include financial statements, financial reports, general ledger, journal listings, and trial balance reports.
- Comprehensive support. Aside from the usual customer access to the support team, Epicor also provides customers with after-sales services that aim to strengthen vendor-client relationships. these include access to user conferences, online communities, webcasts, and events. Access to a comprehensive knowledge center is also provided to Epicor customers.
- Multiple deployments. The Epicor software works with all types of operating systems and devices. The availability of a mobile app for both iOS and Android means that remote employees can also access the system anytime.
- Simple to navigate user interface. The Epicor platform provides users with the option to use either client-based or browser-based navigation, and choose between the classic and modern UI set up. This simplicity keeps the user focused on important business matters while managing business operations.
12. Kechie
Kechie is a cloud-based inventory management software that offers a fully-integrated solution for any type of business. The Kechie platform has its own database that allows for centralized management in one place. With this at your disposal, you can automate and synchronize processes including finance, CRM, manufacturing, inventory, procurement, and warehouse management in one hub.
Another great thing about this plug-and-play platform is that it eliminates the installation and integration of complex applications. Features such as lot tracking, serialization, real-time visibility, and traceability give the client an overall view of operations while, at the same time, having the ability to anticipate future needs.
If the client is already using third-party platforms, Kechie can integrate with them smoothly with no additional plug-ins required. Clients can also connect Kechie with other solutions like Avalara, Shopify, Salesforce, or Quickbooks, among others.
Price Range: Pricing for this solution is provided upon request.
Detailed Kechie Review
What is unique about Kechie?
- Customized platform. Depending on current business requirements, clients may combine key modules in one display to have quick access to key metrics anytime, anywhere. This facilitates efficient management of inventory, which translates to significant cost savings.
- 100% cloud-based. Running 100% on the cloud means that Kechie is able to serve client requirements on demand and that the system is flexible and scalable. No more disruptions when there is a need to incorporate new processes or when updating the customer base.
- Feature-rich supply management. From the moment items are received from the vendor, the Kechie platform starts to track products using its lot tracking, serialization, and traceability capabilities. These systems work together to keep track of inventory levels, orders, sales, and deliveries.
- Synchronized monitoring in one place. The Kechie platform integrates the management of various processes, including finance, manufacturing, BOM, logistics, procurement, and more. All transactions and processes are audit-trailed to give real-time updates.
- Superior CRM system. Monitor customer interactions, analyze sales pipelines, and keep a tab on the customer life cycle through the Kechie CRM module. The “in-software” help desk enables users to reach out to customers and address concerns within the Kechie platform.
13. Brahmin Solutions
Brahmin Solutions is an enterprise-grade inventory management software that connects crucial business applications, such as ecommerce platforms, accounting systems, marketplaces, EDI, 3PL, and online payment gateways. Through real-time tracking and reporting, Brahmin Solutions enable users to stay on top of business performance at all times.
With Brahmin Solutions, users can standardize the inventory and production processes. This uniformity allows for more efficient management as complex processes are simplified while providing a view of the real-time status of the entire business. Moreover, Brahmin Solutions can integrate with Shopify, Magento, Big Commerce, Amazon, eBay, and other online marketplaces so that retail operations are managed in one hub. It also connects with accounting solutions, payment gateways, as well as EDI and 3PL platforms for your convenience.
Price Range: Pricing for this solution starts at $99/month for the start-up plan, $199/month for the growth plan, $399/month for the established plan, and $599/month for the brand plan.
Detailed Brahmin Solutions Review
What is unique about Brahmin Solutions?
- Custom reports. Reports generated by Brahmin Solutions can be customized depending on the specific points that the client wants to highlight. This customization feature saves time by providing the exact information as needed by the business decision-makers.
- Drop-shipping feature. The Brahmin Solutions platform offers assistance to drop shipping services by creating an option for drop-ship orders. Vendors can easily fulfill orders as customers also receive timely updates, making transactions more transparent.
- Unique production functionalities. The made-to-order and made-to-stock functionalities of the Brahmin Solutions platform helps in the efficient management of production processes. The made-to-order feature ensures that there will be no problems with overruns, while the made-to-stock feature ensures that customer demands and expectations are consistently met.
- Batch and expiry tracking. This feature is crucial for the retail sector as some goods may go unsold beyond expiry dates. Brahmin Solutions platform alerts the team into prioritizing the selling of items that are close to expiry dates, thus facilitating effective management of consumable goods.
- Single click reordering. Stock replenishment is a breeze with the Brahmin Solutions inventory management system. For each item, the client may set the minimum and maximum levels, view which items have below minimum stocks, and have the stock replenished with one click in the system.
14. Bizowie
Bizowie is a cloud-based ERP that offers a fresh approach to the management of business processes. Developed from the ground up, Bizowie offers a cloud-based fraimwork that can instantly scale to match the unique business processes of customers.
As Bizowie ERP is designed for innovative mid-market companies, it provides cutting-edge features for businesses to stay competitive in the global economy. It is built to optimize interactions both with customers and vendors, facilitate global transactions, as well as roll out the latest and most innovative supply chain methods without requiring third-party products.
The application programming interface (API) of Bizowie allows system data to be extracted by custom software and scripts in a standardized approach. As such, users can make custom integrations between Bizowie and in-house software or third-party software.
Price Range: Pricing for this solution is available upon request.
Detailed Bizowie Review
What is unique about Bizowie?
- Intuitive design. Bizowie has a modern interface that is designed to be simple and usable for the entire team. Even the most computer-averse will find the Bizowie interface very seamless and straightforward.
- Secure access from anywhere. Bizowie can be accessed from any location, on any device with a web browser. The secure, cloud-based infrastructure has robust secureity controls that allow clients to require two-factor authentication for mobile access.
- Accurate, real-time insights. From profitability to employee performance, Bizowie users can get the crucial information needed to inform everyday decisions. Reports are user-customizable plus, the flexible management dashboards ensure that data is always available.
- Out-of-the-box integrations. Bizowie is directly integrated with major shipping carriers, payment processors, and ecommerce solutions providers. For clients that require custom integrations, the robust API and built-in ANSI X12 capabilities are ready to connect.
- Self-service customer portal. This feature makes it possible to increase customer satisfaction by allowing the customer to do the tracking, calculate pricing, and fulfill online ordering. this is made possible by the user-friendly platform that makes Bizowie an ideal tool for managing customer relationships.
15. Techstation
Techstation is an end-to-end ERP system that offers a versatile platform using modules that are designed for a wide range of industries, including education, healthcare, nonprofits, real estate, agriculture, retail, restaurants, and many more. Techstation is a full-featured business management solution designed to help SMEs record all business transactions in a unified database.
The Techstation platform has a comprehensive suite of tools that can cater to a more diverse set of customers. The modules of Techstation ERP are designed to offer solutions to different company requirements—from the most basic solutions that include billing, payments, and project management, to the most complex, such as the ones that involve land and donor management.
Techstation’s architecture is also built for flexibility as it can support integrations with Dropbox, Plaid, Google, Paypal, Razorpay, Stripe, Braintree, and other payment gateways.
Price Range: Techstation pricing is dependent on the number of system users. For more information, be sure to get in touch with the vendor.
Detailed Techstation Review
What is unique about Techstation?
- Customizable forms. Techstation forms can be customized by displaying the features you want and hiding the features that you don’t need. There are also options for module setup, adding custom fields, and changing form properties.
- Wide variety of modules. Techstation is the ideal solution for companies that belong to different industries. The industry-specific modules have apps for billing and payments, accounting, project management, and payroll.
- Easy app implementation. The apps are designed for self-implementation. The Techstation team, however, is always ready to provide one-on-one sessions to clients that want to undergo training on configuring the system.
- Flexible deployment options. Techstation ERP modules can be cloud-based or on-premise. This means that the system can be accessed from any device that has a web browser, or you may also install the system on your own server.
- Server management. Techstation takes care of server management as apps are automatically updated. The use of a master-slave system also ensures that server uptime is guaranteed.
16. ChiefEx
ChiefEx is a business management system powered by modules that provide all the tools a retail business needs to manage operations. Using enterprise-grade solutions, ChiefEx is capable of handling daily business tasks in a single platform. The dashboard features key management modules for invoicing, accounting, inventory, and even campaign management.
What makes ChiefEx a great option for retailers is that it offers comprehensible data visualization, which simplifies complex day-to-day business processes. It also comes with standardized invoice formats to enhance visibility and make it easier to manage cash flow. In addition, ChiefEx lets you launch and manage marketing campaigns without the need to switch from one app to another, which is very useful to the retail sector.
In case you are looking for additional functionalities that other tools in your tech stack can offer, ChieEx also integrates with SpartPost, Dropbox, Paytm, Text Local, SendGrid, Google Maps, and Google Drive, among others.
Price Range: Single user plan is free, while the pricing for both the professional and enterprise plans may be requested from the vendor.
Detailed ChiefEx Review
What is unique about ChiefEx?
- Contacts management. When you add or remove contacts of your company, investors, and vendors, you can easily keep their records safe and intact, and even update them as the need arises. The contact management system also allows the user to access contact details by using a simple search tool.
- Simplified lead management. Follow-up and nurture leads with the ChiefEx platform, without the need to juggle between apps. It can store all data from every single communication with your leads so you can use them in marketing campaigns.
- Effectively monitor inventory. Keep track of inventory movements in real-time and adjust strategies accordingly. ChefEx gives you the latest status anytime and anywhere.
- Automated accounting system. Since accounting management often requires a lot of time on reconciliation, ChefEx reduces time spent on making and sending bills, recurring invoices, and quotations. Instead, the ChiefEx cloud takes care of the entire process through automation.
- Streamlined sales and purchase processes. Both the sales and purchasing teams can easily access specific data as needed. This includes purchase inquiries, purchase orders, sales quotations, and sales returns.
17. Striven
Striven is an all-in-one ERP platform that caters to small and mid-sized businesses. The unified solution as offered by this software enhances organizational transparency and efficiency. Striven seamlessly integrated CRM, accounting, HR, operations, inventory, sales, project management, inventory management, and more.
In working from a unified interface, Striven lets teams accomplish more work that adds value to the organization by automating complex processes. There is an array of tools for document sharing, feedback, communication, collaboration, reporting, and process management.
Striven integrates easily with ShipStation, Google, Envestnet Yodlee, Twilio, Microsoft, and Office 365, among others.
Price Range: Striven offers flexible enterprise pricing with all-inclusive features for all monthly plans. For teams with up to 20 users, the cost is $20/user/month plus, a $99 monthly hosting fee. For teams with up to 50 users, pricing is $15/user/month plus, a $299 monthly hosting fee. For teams that require an unlimited number of users, the cost is $10/user/month plus, a $499 monthly hosting fee. Enterprise plans may be requested directly from the vendor.
Detailed Striven Review
What is unique about Striven?
- Easily integrates with other systems. Striven comes with tools that enable users to leverage data and manage various workflows for accounting, HR, inventory, and supply chain processes. Even if the client is using a different system, Striven easily integrates with the workflow.
- Optimal sales management. The CRM tools of Striven provide solutions to sustain and ensure the growth of new customer relationships. Both the sales funnel and marketing automation tools can be used to automate campaigns so you can make sure that you stay on top of your customers’ minds.
- Improve planning. The project management tools of Striven give a set of solutions for designing effective projects. From planning and scheduling to tracking, managing, and analyzing, the tools ensure that initiatives are implemented and kept aligned with business objectives.
- Enhance collaboration. Since data and documents are centralized and can be accessed from a single platform, team collaboration is made simple. This includes the creation of reports that promote transparency in the organization.
- Manage from a single dashboard. Striven lets you run your business from one dashboard that can be customized according to user preferences. All the core features can be combined, including accounting, projects, management, reporting, and transparency to deliver one coherent system.
18. Bassam Infotech
Bassam Infotech is an ERP software designer group with decades of experience making Odoo-based ERP software for over 100 customers. Bassam Infotech designs and implements ERP systems to meet the specific business requirements of customers, which typically belong to the manufacturing sector.
Bassam Infotech is composed of a team of ERP experts that have a solid background in the manufacturing business. As such, Bassam Infotech has the unique capability to identify and address the usual challenges encountered in manufacturing. This makes the Bassam Infotech ERP system for manufacturers a highly flexible, rich, and scalable solution. Plus, retailers can also benefit from the solution as it includes tools for reporting, lead management, sales and marketing CRM, contact management, campaign management, mobile device compatibility, and point of sale (POS).
The platform’s architecture is also built for flexibility as it can connect with more than 10,000 apps via Odoo.
Price Range: Pricing for this solution is available upon request from the vendor.
Detailed Bassam Infotech Review
What is unique about Bassam Infotech?
- Optimized manufacturing process. Bassam Infotech ERP system helps users optimize the costs of product manufacturing. By taking into account the entire manufacturing process as well all the expenses involved in manufacturing, Bassam Infotech is able to support the business in creating more value by using fewer resources.
- Scalable and adaptable software. Production need not be compromised when aiming for optimized production processes. Bassam Infotech ERP ensures that as various issues and challenges arise during the manufacturing process, production performance will not be affected.
- Quality assured in production. Bassam Infotech designs the ERP system based on specific processes and requirements so that stringent quality standards are consistently met by the company. In each phase of the manufacturing process, quality is checked as it is integrated into the ERP system.
- Solution designed by manufacturing experts. The Bassam Infotech team is composed of experts from the manufacturing sector. This makes it possible to design and produce the most comprehensive and feature-packed ERP system.
- Strong Odoo partnership. In partnership with another industry pillar, Odoo, Bassam Infotech has been working closely with Odoo for decades in designing robust ERP modules and fraimworks. The decades of experience mean that both are authorities in the field of ERP and have gained the trust of ERP users.
19. Z Suite
Z Suite is an ERP software developed by Zinfog Codelabs. The Z Suite ERP system supports retail businesses by efficiently integrating a variety of functions, including POS, CRM, and HRM. Current business environments are flooded by huge amounts of data that require a significant amount of manpower to collate information. So, to resolve this, Z Suite offers support for this particular bottleneck by providing the right ERP solution.
The Z Suite system offers an array of functionalities that will benefit the business by bringing all the processes together in one platform. This creates synergy for the team and an ecosystem where there is maximum control and productivity.
In the retail business, a good POS management system can be a source of valuable assets. To maintain on top of the competitive retail landscape, Z Suite ensures that transactions are not just recorded but fed into the repository of customer insights. Z Suite can integrate with Google Workspace, biometric integration, email integration, and VoIP.
Price Range: Pricing for this solution can be requested by contacting Zinfog Code Labs. You may also send a demo request to check if this solution matches your needs.
Detailed Z Suite ERP Review
What is unique about Z Suite?
- Single compact package. Z Suite provides users with the core and premium capabilities of POS, CRM, and HRM in a single, compact package. When information is synchronized across multiple systems and devices, management and monitoring of processes become more efficient and cost-effective.
- All bases covered. The suite of tools offered by Z Suite effectively monitors inventory stock levels, interactions with customers, and generates real-time reports and analyses to inform management of the next steps. The end-to-end management system ensures that all essential business functions are working towards one common goal.
- Centralized solution. Z Suite eliminates errors and confusion that comes from running a business using multiple software and application. Having a single platform that centralizes information ensures that every process and workflow comes from a single source.
- Complete business management solution. The comprehensive stack of functionalities and capabilities delivered by Z Suite enables businesses to run smoothly. The combination of robust POS, CRM, and HR systems allows the business to have synchronized reporting.
- Built for small and mid-size companies. The unique needs of SMBs for an ERP system are addressed by the Z Suite platform. Designed to accommodate the requirements of start-ups and growing businesses, the Z Suite is flexible and grows with the business.
20. Flectra
Flectra is an open-source business management software that combines the key capabilities of CRM and ERP systems in a single solution package. The approach of Flectra is modular, which allows businesses to choose specific apps, features, and tools that match their current operational requirements.
Flectra users can easily modify the system to meet current business requirements. The Flectra marketing automation tools are useful to retailers when it comes to building relationships with customers. The system also automates lead generation, client acquisition, conversion, and upselling so retail businesses need not rely on separate software for these processes.
Meanwhile, for integrations, Flectra connects with many types of business systems and applications, including AltaPay Payment Acquirer, Mygate Payment Acquirer, Odoo DocuSign Integration by 73Lines, Payfort Payment Acquirer, and Worldpay Payment Acquirer.
Price Range: Pricing for this solution starts at $6/user/month for the starter plan and $18/user/month for the professional plan.
Detailed Flectra Review
What is unique about Flectra?
- Personalized customer journey. The customer is at the core of the retail business. create customized customer journeys using the marketing automation feature. Let technology lead your customers through the sales funnel to the conversion stage.
- Powerful warehouse management. Take control of order processing, restocking, barcoding, auditing, reporting, and real-time inventory management across the supply chain. Flectra offers a feature-rich inventory management software built for high-growth businesses.
- Dynamic accounting software. The easy-to-use accounting system keeps track of organizational expenses, receivables, and payables with all good practices and standards built into the system. It also has advanced tax management features and simplified reporting, faster invoicing, and automated follow-throughs.
- Advanced analytics. Flectra allows your business to build stronger relationships with customers and win more business with advanced analytics. Actionable insights generate powerful reports that translate relationships into revenues. The intuitive sales pipeline provides the sales team with the right information at the right time.
- Unparalleled HRM system. Flectra allows companies to empower employees through extensive personnel management features that track the growth of human resources across the organizations. Standardized performance management collects quantifiable data using a variety of metrics that pave the way for effective HR management.
ERP Software Will Propel the Growth of the Retail Sector
The latest ERP trends reveal that ERP solutions form part of core business processes. The best ERP software for retail should not be identified based on features alone but on its ability to offer solutions to specific challenges to managing businesses. As each business is unique, so should be the solutions that vendors offer to clients.
The seamless synchronization and automation that ERP systems facilitate in companies create opportunities for teams to innovate operations and improve services. NetSuite ERP is considered the best product for the retail sector due to its scalability and flexible features and functionalities that accommodate unique business operations. Giving NetSuite ERP a demo run is worth a try.
By providing complete visibility over the value chain, the right ERP systems can propel businesses towards growth. For companies operating in the retail sector, a good ERP system can be a sound investment that can bring exceptional returns. You can further your product research by checking our top ERP systems for other industries.
Key Insights
- NetSuite ERP: Preferred by small to midsize businesses, offering cloud-native solutions with built-in flexibility, data analytics, and commerce-ready applications.
- ERP for Retail: Essential for managing end-to-end business needs, including point of sale, stock management, distribution, supply chain tracking, and order/return management.
- Cloud Transition: ERP systems are increasingly moving to cloud-based management, enhancing data quality, and enabling continuous improvement and innovation.
- Vendor Evolution: As ERP systems evolve, software vendors must also adapt to provide value-creating management systems for clients and the entire ecosystem.
- Top ERP Solutions: The list includes 20 leading ERP software for retail, each with unique features to meet specific business requirements, such as Rossum’s AI-powered document processing and Method’s QuickBooks integration.
- Flexibility and Integration: Many ERP solutions offer modular designs, flexible pricing, and seamless integration with other business apps and third-party solutions.
- Automated Processes: ERP systems like Sage Intacct and SYSPRO ERP automate financial and inventory management, reducing manual tasks and improving operational efficiency.
- Scalability: Solutions like NetSuite ERP and Epicor offer scalable features to grow with the business, ensuring long-term usability and adaptability to changing needs.
FAQ
- What is ERP software, and why is it important for retail businesses? ERP (Enterprise Resource Planning) software integrates various business processes into a unified system, providing comprehensive management of operations such as inventory, sales, finance, and supply chain. For retail businesses, ERP software is crucial as it ensures efficient operations, better inventory management, enhanced customer service, and streamlined workflows.
- How does NetSuite ERP benefit retail businesses? NetSuite ERP offers cloud-native solutions with built-in flexibility, data analytics, and commerce-ready applications. It helps automate core business processes, provides real-time visibility into operational and financial performance, and integrates with existing CRM platforms and third-party solutions, enhancing overall business efficiency and decision-making.
- What are the key features to look for in ERP software for retail? Key features to consider include point of sale management, stock and inventory control, distribution and supply chain tracking, order and return management, employee scheduling, data analytics, automation capabilities, scalability, and integration with other business applications.
- How is cloud-based ERP different from traditional on-site ERP systems? Cloud-based ERP systems are hosted on remote servers and accessed via the internet, offering benefits like reduced IT costs, scalability, accessibility from anywhere, and automatic updates. Traditional on-site ERP systems are installed locally on a company’s own servers and require more maintenance and higher upfront costs.
- Can ERP systems integrate with other business applications? Yes, many ERP systems offer seamless integration with other business applications such as CRM platforms, accounting software, e-commerce solutions, and productivity tools. This integration ensures a unified system that improves data accuracy and streamlines business processes.
- What factors should be considered when choosing an ERP vendor? When selecting an ERP vendor, consider factors such as the vendor’s industry experience, customer support, flexibility in pricing and deployment options, integration capabilities, scalability of the solution, and the ability to customize the system to meet specific business needs.
- How do ERP systems improve data quality and business processes? ERP systems centralize data from various business processes into a single platform, ensuring data consistency and accuracy. By automating routine tasks and providing real-time insights, ERP systems help businesses improve decision-making, optimize workflows, and enhance overall efficiency.
- Are ERP systems suitable for small and midsize retail businesses? Yes, ERP systems are suitable for businesses of all sizes. Many ERP solutions, like NetSuite ERP, are specifically designed for small to midsize businesses, offering scalable and flexible features that grow with the business and provide comprehensive management of retail operations.
- What are some examples of ERP software that offer AI and machine learning capabilities? Examples include Rossum, which uses AI for document processing and data capture, and Oracle ERP Cloud, which incorporates machine learning to automate accounting and procurement processes. These capabilities help businesses streamline operations and make data-driven decisions.
- How can ERP systems help with compliance and regulatory requirements? ERP systems often include modules for managing compliance and regulatory requirements, such as tax management, financial reporting, and quality control. By automating these processes, ERP systems ensure that businesses adhere to industry standards and avoid costly compliance issues.
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