Editor's Note: This is a prologue to a supplement to Murph's Blue Paper Comparison of ERPs.
The Blue Paper was published as part of Insightful Accountant's "Be Insightful" Premium content.
The introduction of this feature is published below; however, to continue reading you must be registered for "Be Insightful" Premium content.
A couple of weeks ago I presented a Blue Paper on ERPs with a comparison between nine of the top ERPs on the market. I also included Intuit's new 'Intuit Enterprise Suite' in that comparison, although it was impossible to actually evaluate it since I had no access to determine things like 'Ease of Use,' 'Ease of Implementation,' and 'Configurability,' just to name three of the nine evaluation criteria used for evaluating the other products.
Price comparison was based on relative valuation, not exact pricing since most ERPs are quoted and retail pricing is not routinely available.
But a lot of the comments during the hour-long webinar revolved around pricing, so after a little more checking with some of my buddies, I have some very rough comparative pricing for the ERPs I evaluated.
In all of these cases we have developed pricing based on a number of users being twelve (12) full-access licensed users; although that doesn't not prevent an ERP Administrator from limiting access to specific functionality. While many ERPs offer user licenses based on various access, like 'view only' or 'report only', we have not configured this price comparison based on such limitations.
The following ten ERPs were evaluated and are listed in alphabetical order below. All pricing information is based on 'unofficial sources', it should be used for comparative purposes only.
Acumatica is a comprehensive cloud-based solution that handles your accounting and manages your business-specific operational requirements, estimated monthly pricing for comparison purposes only at 12 users: $1800.
Epicor is an all-in-one ERP designed to meet each customer's specific needs. It tends to focus on mid-market businesses with very specialized requirements,, estimated monthly pricing for comparison purposes only at 12 users: $2100.
Intuit Enterprise Suite (IES) is well-suited for complex single- and multi-entity businesses, price information unavailable.
Microsoft Dynamics 365 Business Central Premium is a single-platform cloud ERP leveraging the latest business intelligence, data management, and automation technologies, estimated monthly pricing for comparison purposes only at 12 users: $1647.
NetSuite by Oracle is a fully-featured solution that provides a variety of industry-specific options along with core functionality, estimated monthly pricing for comparison purposes only at 12 users: $1850.
Odoo Custom* is a self-assembled ERP. Begin with their accounting app, then add all the apps you need (CRM, Sales, Purchasing, Inventory, Manufacturing, and even POS and eCommerce) for your base monthly price per user, estimated monthly pricing for comparison purposes only at 12 users: $561.
SAGE Intacct is not just a financial accounting system; it also offers ERP functionality. This is the only product in our study that has been endorsed by the AICPA for the product’s GAAP compliance, estimated monthly pricing for comparison purposes only at 12 users: $1675.
SAP Business One provides comprehensive business ERP capabilities for small and medium-sized companies, estimated monthly pricing for comparison purposes only at 12 users: $4182.
SYSPRO is a near-perfect ERP for major manufacturers and distributors with medium-sized to large businesses, estimated monthly pricing for comparison purposes only at 12 users: $2269.
Zoho One* offers a collection of apps that essentially allow you to build your own ERP based on your requirements, estimated monthly pricing for comparison purposes only at 12 users: $1010.
(Note: * - pricing for these apps are as configured in the Blue Paper, inclusive of add-on modules where applicable.)
The listing below ranks the ten ERPs by lowest to highest price/month based on 12-users for each application. All pricing information is based on 'unofficial sources', it should be used for comparative purposes only.
For more information, be certain to review the ERP Blue Paper comparison which can be found HERE.