Top 4 Open Source ERP Software for SME’s

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Enterprise resource planning is the methodology in which the management of the operations of a company is automated. ERP software has been developed by various platforms which provide the users with the advantage of controlling all the operations from a single system and a platform. ERPs provide the organization with the ability to integrate external sources that can be effectively managed and the data from them can be collectively stored and managed in a single database. All the company operations from manufacturing to repairs, sales to purchase, recruitment to payroll management, customer relations to feedback, inventory to warehouse management, etc can all be effectively automated and the process can be made much more efficient with ERPs.


In this advanced era of digitalization, ERPs play a crucial role in the management operations of a facility. With accurate tracking and tracking facilities for the products and components, the software can provide various additional provision options for the users to coordinate, control, and monitor the movement of the products as well as the inhouse operations of the firm. The software also integrates the operation of the various departments which are mostly interlinked in the platform and data from each is shared to a single database that is accessible to all the employees and the users.


The ERP applications have been developed to many advanced stages of operation in a manner they have now working on web-based applications that can be operated from remote devices. Due to the development of IoT based systems, the ERPs have also been developing to integrate these into the companies. Various applications such as biometrics, barcode scanner, etc have found ways to be well used in a company. Another main advantage of the ERP software is the fact of its reliability, due to the high retention factor the ERP software is much used by the companies. In addition, the expense is much lower compared to other automation platforms for your business.


How ERP helps business?


ERP provides the users with greater insight and visibility of the various operations of the business. Access to the software provided the users and the employees with the ability to make critical decisions and manage the operation no matter how large or small the business is. This insight provides the users and employees to tackle the issues arising on their operations with much ease and additionally all the operations done are recorded and kept track of. The financial data of the company are kept up to date and are managed in real-time in the ERP database which would avoid collision of the funds being operated on.


In addition due to the various automated functions, it provides the user to be time-efficient and provides the company with higher productivity as various manual data entry works are being reduced by the software. Moreover, a close relationship can be maintained with the companies customers and the vendors by exchanging information effective fund transfers, and maintaining records of the operation.

Top Open Source ERP Software


WP ERP:

WP ERP is one of the most effective fully-fledged ERP being designed and developed for the management of small and medium-sized enterprises. The ERP is trusted by more than ten thousand users and is currently employed in over 160+ countries. In addition, it supports over 20 languages making it globally usable across the world.Additionally, the software supports over44+ Currency making international transactions much easier. Furthermore, the software provides full control over all business activities with the help of a complete ERP system having  3 core modules: HR, CRM, and Accounting Moreover the software provides provision for the users to manage all company information from the WordPress dashboard.

Dolibar:

An all in one ERP software provided with all functionality to run the business in various aspects such as Accounting, Customer relationship management, HR, and inventory operations. The software is apt for small and midsize companies to automate and manage them effectively. Dolibar can be used as a standalone application, or online on a shared or dedicated server which can be accessed from remote devices using it from anywhere, such as desktop, tablet, or smartphone.

Odoo:

One of the best ERPs available in the market operating from a single platform. The flexibility and adaptability feature of the software makes it compatible with any type of business to be used on the platform. The integration ability allows the users to integrate various third-party sources to the system which can be used along with the platform operations. The main key to selecting Odoo for a business is the selection of the best odoo implementation company which would help you to customize the software as per your business needs.

Metasfresh:

The most enhanced ERP available has the ability and consistency to keep up with the ever-growing and changing market. The components of the software are always kept fresh as the name suggests with frequent updates on improving the issues and adding advanced features to the platform. The new ERP available in the market has received successful attention based on its performance and reliability.