Selection of ERP depends on many factors. Mainly requirements analysis, Vendor Selection, ERP Selection, analyzing strengths and weaknesses of the company is Important. There are various other factors. For instance; Company strength, users, management, available resources, available budget and many other factors.
ERP Licensing is not much costly but its implementation takes a lot resources time and money mainly. And want to go for desired system that fits your requirements 100% then good luck. Becuase, you will never succeeed.
Research says that 70% ERPs fail because of various reasons. Therefore one must consider Critical Success Factors in mind before going for this big change.
If your objective is to do major customization and modify the ERP core then implementation will for sure fail. I suggest to go for vanilla implementation. Which means you will be able to implement the ERP within the available resources.
This article is after evaluation of various ERPs since 2003.. There were various choices Commercial or Opensource. Whatever you chose only license is going to be free for Opensource. If you are capable enough to implement by yourself. Then go for Opensource and my choice is Openbravo
What is OpenBravo ERP?
Openbravo is a web-based application built on the Model View Controller. Most of the code is automatically generated based on the Data Model Dictionary. The engine that runs the code is called Wizard for Application Development (WAD).
The engine executes and recompiles the application every time the system administrator changes the configuration to accommodate a user’s request.
Openbravo is the leading fully functional integrated web-based open source enterprise management (ERP) system that offers a unique value proposition – a higher value at a lower cost.
You can have on premises and on cloud solution and it includes functional for all functional departments.
OpenBravo ERP Modules
The key modules that generally any ERP must have. OpenBravo has all of them. Following are the key modules;
- Financial Management
- Customer Relationship Management
- Inventory Management
- Sales Order Processing
- Purchase Order Processing
- Payroll Module
- Vendor Management
- Products Master
- Payment Module
- Receipt Module
- Cash Flow Management
- Point of Sales Moduel
- Production Management
Best Rated open source ERP
Openbravo is rated by various Business and Technology Professionals. Currently its rating is 4.6 our of 5 where evaluation is done based on following factors.
- Value for Money
- Customer Support
- Ease of Use
Step by Step Installation of OpenBravo ERP
There is a step by step guide on how to Install, Configure and Implement OpenBravo ERP on Premises, you can see in our Youtube Channel.
For more information please click here
There are Other ERPS as well which are opensource and you can read about the below;