Are you looking for a suitable ERP (Enterprise Resource Planning) solution? This type of software is of vital importance for organizations that manage activities like procurement, legal, project and risk management, accounting, and supply chain operations.
Organizations can choose from various high-quality ERP systems, such as SyteLine, Epicor, and SAP. Each system is distinctive for its benefits and drawbacks, which must be analyzed by a team of accountants prior to selecting the right one for your company.
Have a look at the comparison of the features of these three systems.
Overview
SAP has started providing ERP software solutions in 1972 and soon enough became the leader in the industry. Their vast assortment of solutions provides assistance to companies of various types and sizes, which is how they reached 200 million users all across the globe. Infor SyteLine, on the other hand, has commended its journey thirty years later, in 2002. It has been recently rebranded as Infor CloudSuite Industrial. Check out a list of ERP software packages.
Epicor, just like SAP, was founded in 1972, offering customized software solutions to retailers, distributors, and manufacturers. The popularity of these providers doesn’t matter much unless they ensure system functionality for businesses. Even though ERP tiers were used in the past, nowadays, the value of these programs isn’t determined by the type of tiers. As long as they offer functionality to every client, tiers are no longer important.
Features
Choosing between the most popular vendors in the market isn’t exactly an easy decision. Every business in need of an ERP software solution should consider its requirements when it comes to functionality. Also, a comparison of the features is an essential aspect in the process of making the right decision. These are the most vital features to take into account.
CRM (Customer Relationship Management)
In terms of customer relationship management, Epicor’s enterprise resource planning solutions aim to offer advanced collaboration between employees and departments. The focus of the system is to make operations centralized to create the best possible experience for customers. Users are capable of managing customers’ contact information, as well as that of vendors and suppliers.
In contrast, SyteLine offers integration of the front and back offices. The specialties of SyteLine include medical devices, aerospace, industrial equipment, injection molding, food and beverage, field service, and others. Users are able to manage sales, orders, contacts, marketing, and other CRM activities.
SAP solutions enable users to manage sales and marketing, which increases customer engagement. They can include personal customer information in their campaigns, as well as use lead generation. It’s of the utmost importance for the solution you select to be capable of configuration so as to address the needs of the users.
Sales management
Regarding sales management, Epicor offers a simple solution for making the sales process automated through quote, order, and demand management. Conversely, SyteLine is more complex in the field of sales management. This feature is created in a special way to enable sales reps to guide customers from the time they’re prospects to the moment they become consumers.
Additionally, the SyteLine ERP software solution keeps a record of the communication with prospects and customers, thus allowing users to make forecasts. Conversely, SAP offers multiple sales management opportunities for users, ranging from invoicing to interaction with contacts. Nevertheless, Infor SyteLine is believed to offer the best conditions in this category owing to the possibility for sales forecasting.
Marketing automation
As far as marketing automation is concerned, Epicor allows users to perform marketing campaign success measurements. They are also enabled to build customer relationships and gain a clear understanding of the target market. It means this solution offers businesses a unique chance for marketing campaign management from the beginning till the end. Follow this URL, https://www.thebalancesmb.com/how-to-run-a-successful-marketing-campaign-2948364, for some helpful tips on running a marketing campaign.
The approach of Infor SyteLine is simpler but still effective. Marketing department representatives can keep track of marketing campaign elements and use these details for improving campaign success. In a similar fashion, the goal of SAP is simplicity. It once again uses personal customer information for creating a more effective marketing campaign.
Project management
In view of project management, Epicor’s ERP software solution encompasses the management of time, resources, and expenses, along with project planning and billing. It allows full control of the project through scheduling, planning, and estimation. CloudSuite Industrial, however, enables users to work with project resources and tasks. They can stay on top of the costs at each project phase, as well as accumulate the entire cost of the project.
SAP ERP software solution enables project monitoring and collaboration in real-time. Teams can manage, monitor, and deliver projects while going live. SyteLine is once again considered the best solution regarding project monitoring and delivery, providing businesses with a competitive advantage.
Purchase management
Given the importance of purchase management, companies should pay close attention when comparing this feature among providers. For instance, Epicor enterprise resource planning makes performance tracking of suppliers feasible. It offers special purchasing tools to enhance the accuracy of orders, negotiations, and collaboration with suppliers. With the help of cross-referencing, users guarantee timely deliveries and a reduction in inventory levels.
Infor SyteLine is specific for its purchase requisitions, used for requesting services or items. The moment an employee approves a requisition, it’s no longer a request but a purchase order. The purchase order enables companies to authorize payments and guarantee the delivery of the correct items. Conversely, SAP benefits buyers by enabling them to negotiate prices.
Multi-currency management
The management of multiple currencies is another crucial aspect to have in mind when making a comparison. The Epicor ERP software solution provides just the basic opportunities for managing multiple currencies. Anyhow, SyteLine ERP not only allows users to manage more than one currency but also to make conversions in the course of international transactions. SAP offers slightly better opportunities than Epicor.
A final note
Make sure to spend enough time analyzing and comparing the features of these systems.
Eventually, you’ll make the right choice!
