ERP products and vendors
Whether you're considering an ERP software system upgrade or an entirely new system, understanding the software market is critical. Read guides and tips on choosing among vendors and types of products, such as cloud and on-premises ERP, and get the latest news on releases from vendors such as Microsoft, SAP and Infor.
Top Stories
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News
04 Mar 2024
Microsoft puts Copilot for Finance in public preview
Microsoft's new generative AI assistant, Copilot for Finance, looks to help financial professionals become more efficient -- but adoption will depend on data quality. Continue Reading
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News
29 Feb 2024
QAD ERP makes platform play with ITP
The new QAD Industrial Transformation Platform initiative is designed to provide customers with the applications and processes to become more adaptive and resilient. Continue Reading
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News
28 Feb 2024
Rimini Street Custom offers expanded third-party support
Rimini Custom pushes beyond Rimini Street's usual support of SAP, Oracle and Salesforce systems by customizing packages specific to a customer's enterprise applications. Continue Reading
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Definition
27 Feb 2024
profit and loss statement (P&L)
A profit and loss statement (P&L), also called an income statement or statement of operations, is a financial report that shows a company's revenues, expenses and net profit or loss over a given period of time. Continue Reading
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Definition
23 Feb 2024
supply chain management (SCM)
Supply chain management (SCM) is the optimization of a product's creation and flow from raw material sourcing to production, logistics and delivery to the final customer. Continue Reading
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Definition
15 Feb 2024
cloud ERP
Cloud ERP is a type of enterprise resource planning software that runs on a provider's cloud computing platform, rather than on premises on an enterprise's own computers. Continue Reading
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Definition
08 Feb 2024
supply chain finance
Supply chain finance is a set of technology-enabled business and financial processes that provides flexible payment options for a buyer and one of their suppliers at lower financing costs. Continue Reading
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Definition
05 Feb 2024
business case
A business case is a formal document or verbal value proposition that outlines the justification for commencing a project or undertaking a specific task. Continue Reading
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Definition
02 Feb 2024
SaaS ERP
SaaS ERP is a type of cloud-based enterprise resource planning (ERP) software that runs on the vendor's or cloud provider's servers, is sold through subscription and delivered as a service over the internet. Continue Reading
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News
01 Feb 2024
Acumatica ERP to expand with Professional Services Edition
At Acumatica Summit 2024, the cloud ERP vendor for SMBs unveiled a new Professional Services Edition and focused on delivering customer-centered AI capabilities. Continue Reading
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Feature
22 Jan 2024
ERP implementation teams: Roles, responsibilities, structure
Assembling an ERP project team is a challenging task for any organization. Here are the key roles and duties every ERP implementation project should include. Continue Reading
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News
19 Jan 2024
New IFS CEO talks next phase of growth for ERP provider
In this Q&A, IFS CEO Mark Moffat discusses the next steps the company is taking to become an AI-centric industrial software provider that focuses on asset-heavy industries. Continue Reading
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Definition
11 Jan 2024
sales and operations planning (S&OP)
Sales and operations planning (S&OP) is a process for better matching a manufacturer's supply with demand by having the sales department collaborate with operations to create a single production plan. Continue Reading
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Feature
10 Jan 2024
10 ERP trends for 2024 and beyond
AI-driven automation is fast transforming an ERP market that continues its long march to the cloud, as many buyers seek modernization, efficiency and help with ESG reporting. Continue Reading
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Tip
05 Jan 2024
MRP vs. ERP: Understand the differences and similarities
Did you know today's ERP systems evolved from yesterday's MRP systems? Learn the differences, including functions, applications and benefits -- and how they work together. Continue Reading
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Feature
03 Jan 2024
Cloud, integrations top ERP trends in 2024
Cloud migrations, generative AI and expanded functionality will dominate ERP discussions in 2024, as this legacy tech continues to try to adapt to meet business needs. Continue Reading
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Feature
20 Dec 2023
Evaluating today's 8 leading ERP software vendors
Here's an overview to help you understand the strengths, market positioning and major product lines of eight leaders in ERP, with quick takes from industry analysts. Continue Reading
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Feature
20 Dec 2023
AI chatbots for ERP: Assessing the benefits and tools
Generative AI and other machine learning bots are coming to ERP in a big way. Here's an overview of the terminology, the pluses and minuses, and the top tools and vendors. Continue Reading
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Feature
18 Dec 2023
How AI is shaping the future of ERP
Generative AI and other machine learning tools are being added to ERP at a rapid pace, bringing new levels of automation and efficiency to business processes across the enterprise. Continue Reading
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Tip
12 Dec 2023
4 benefits of using mobile ERP
Mobile ERP can help improve data quality and customer service. Learn more about some of the benefits a company can potentially gain from using mobile ERP. Continue Reading
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Feature
07 Dec 2023
The ERP HR module: Key features explained
ERP typically includes an integrated HR module. Learn what the HR module in ERP does, how it relates to other components and how it compares to standalone HRMSes and HCM suites. Continue Reading
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News
06 Dec 2023
IFS Cloud bolsters ESG reporting, reverse supply chains
IFS Cloud 23R2 includes new capabilities for ESG tracking and reporting, improved circular operations, manufacturing scheduling and planning, and mobile field service UI. Continue Reading
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Feature
06 Dec 2023
ERP contracts: What you need to consider before negotiating
Negotiating an ERP contract is a complex process filled with many moving parts and stakeholders. Success depends on selecting the right contract and asking the right questions. Continue Reading
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Definition
27 Nov 2023
ERP finance module
The ERP finance module is the software component that handles the main accounting and financial management functions of an enterprise resource planning system. Continue Reading
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Definition
21 Nov 2023
bank identifier code (BIC)
A bank identifier code (BIC) is a unique identifier for a specific financial institution. A BIC is composed of a 4-character bank code, 2-character country code, 2-character location code and optional 3-character branch code. Continue Reading
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Definition
21 Nov 2023
BAI2 file format
BAI2 file format is a specialized and standardized set of codes used for cash management and bank reconciliations, and introduced by the Bank Administration Institute (BAI). Continue Reading
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News
16 Nov 2023
Copilot generative AI comes to Dynamics 365 Field Service
Aimed at improving frontline worker performance, Copilot GenAI capabilities will be integrated into Microsoft Dynamics 365 Field Service, providing access to critical job data. Continue Reading
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Tip
14 Nov 2023
7 Microsoft Dynamics 365 implementation issues
Microsoft Dynamics 365 presents unique implementation challenges for organizations, like data migration and customizations. Explore these challenges and strategies to solve them. Continue Reading
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Tip
07 Nov 2023
5 benefits of Microsoft Dynamics 365
Dynamics 365 offers a comprehensive set of cloud-based business apps to help organizations eliminate data silos, improve decision-making and automate workflows. Continue Reading
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Feature
31 Oct 2023
An overview of Microsoft Dynamics 365
Dynamics 365 unites various CRM and ERP tools into one platform. CRM apps include Dynamics 365 Sales and Customer Service, and ERP tools include Finance and Commerce. Continue Reading
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Definition
23 Oct 2023
GR/IR clearing account (goods receipt/invoice receipt clearing account)
A GR/IR clearing account (goods receipt/invoice receipt clearing account) is a bookkeeping device that can be used when goods arrive before the invoice is generated or when an invoice arrives before the goods are delivered. Continue Reading
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News
18 Oct 2023
Oracle NetSuite follows generative AI trend in ERP
A generative AI assistant, financial close modules, new user based licensing and customer benchmarking top the list of new features in NetSuite cloud ERP at SuiteWorld 2023. Continue Reading
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News
06 Oct 2023
Infor Enterprise Automation looks to ease RPA for ERP
Infor unveiled Enterprise Automation, which is designed to help customers bring RPA to Infor cloud ERP applications and Developer Portal, a development and integration environment. Continue Reading
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News
05 Oct 2023
When integrating generative AI and ERP, focus on use cases
ERP vendors are rapidly introducing new AI functionality, but experts caution against the hype and advise using the tried-and-true playbook of looking within first. Continue Reading
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Definition
29 Sep 2023
strategic sourcing
Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used. Continue Reading
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Tip
12 Sep 2023
5 ways AI can help in field service management
AI can help service companies improve their field service management in a myriad of ways. Learn some of the benefits of organizations using AI for this purpose. Continue Reading
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Feature
08 Sep 2023
7 ways to prevent tech buyer's remorse
Tech buyer's remorse is on the rise due to factors such as lack of research, poor vendor communication and impulse buying. Explore seven tips to avoid tech buyer's remorse. Continue Reading
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News
31 Aug 2023
IFS snaps up industrial AI provider Falkonry
On the heels of buying Poka, IFS has acquired industrial AI software company Falkonry to help manufacturers detect and resolve anomalies in processes. Continue Reading
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Tip
15 Aug 2023
6 features to look for in field service management software
Company leaders should make sure their field service management software includes some important features. Learn what to look for, including mobile access. Continue Reading
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Definition
02 Aug 2023
working capital
Working capital is the difference between a business's current assets and current liabilities. Continue Reading
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Definition
20 Jul 2023
logistics management
Logistics management is the governance of supply chain management functions that helps organizations plan, manage and implement processes to move and store goods. Continue Reading
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News
19 Jun 2023
Dynamics 365 ERP adds Copilot AI functionality
Microsoft introduced three new Copilot AI tools in Microsoft Dynamics 365 ERP for project management, finance and procurement that show better business use cases for generative AI. Continue Reading
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News
15 Jun 2023
NetSuite ERP aims to reconcile the books faster
The new NetSuite Account Reconciliation module provides intelligence and automation for NetSuite ERP customers, allowing improved account matching and shortening account closings. Continue Reading
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Definition
02 Jun 2023
procure to pay (P2P)
Procure to pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services. Continue Reading
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Definition
02 Jun 2023
integrated accounting system
An integrated accounting system is a type of software that combines major financial accounting functions into one application. Continue Reading
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Podcast
31 May 2023
SAP AI initiatives expand on several fronts at Sapphire 2023
TechTarget editors discuss SAP AI announcements and demos unveiled at Sapphire 2023 conferences in Orlando and Barcelona, including SAP's generative AI partnership with Microsoft. Continue Reading
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News
05 May 2023
Rootstock adds analytics to Salesforce-based SaaS ERP
Rootstock has added analytics and new financial tools to its Manufacturing Cloud ERP. Built on the Salesforce platform, the SaaS is now pushing beyond that ecosystem, experts say. Continue Reading
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News
13 Apr 2023
FinancialForce update may pique enterprise customer interest
The latest release of FinancialForce SaaS PSA software has more automation and a simplified UX that could move the platform beyond its mid-sized market to larger enterprises. Continue Reading
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Feature
10 Apr 2023
Sustainability and ESG glossary: 52 terms to know
Sustainable strategies require basic understanding of the fundamentals. Business leaders and IT teams can benefit from this list of essential sustainability terms and ESG concepts. Continue Reading
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Opinion
16 Mar 2023
Introducing our essential sustainability and ESG resource hub
CIOs, supply chain pros and other stakeholders need information that demystifies sustainability strategies and tech. The new TechTarget site answers those needs. Continue Reading
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Podcast
28 Feb 2023
New SAP blockchain applications target B2B collaboration
SAP's Benjamin Stoeckhert reveals the most common types of blockchain applications, explains SAP product offerings and gives tips on how to get started. Continue Reading
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Definition
24 Feb 2023
cost of goods sold (COGS)
Cost of goods sold (COGS) is the total of the costs directly attributable to producing things that can be sold. Continue Reading
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Definition
22 Feb 2023
order to cash (OTC or O2C)
Order to cash (OTC or O2C) is a set of business processes that involve receiving and fulfilling customer requests for goods or services. Continue Reading
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Feature
15 Feb 2023
Challenges and benefits of cloud for the finance department
Moving the finance function to the cloud can help companies. Learn about some of the benefits that can result from doing so, as well as potential challenges. Continue Reading
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News
10 Feb 2023
QAD adds Redzone connected worker platform
ERP vendor QAD acquires vendor Redzone, providing a foothold in the market for connected worker software that helps manufacturers improve productivity. Continue Reading
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News
03 Feb 2023
Top manufacturing ERP systems focus on industries, UI
Panorama Consulting Group's top 10 manufacturing ERP report indicates that the systems are increasingly cloud-based and delivering functionality for specific industries. Continue Reading
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News
01 Feb 2023
New Acumatica ERP features focus on productivity for SMBs
Acumatica's latest release of its SaaS ERP includes new features to improve ease of use and productivity for SMB customers, while strengthening its competitive advantage. Continue Reading
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Tip
25 Jan 2023
Centralized services as a hedge against shadow IT's escalation
Proliferation of cloud, AI and integration tools has increased the deployment security risks of shadow IT and the need to centralize business functions and share support services. Continue Reading
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Tip
19 Jan 2023
Building a shared services organization structure
Amid the shifting economic climate and new reality of hybrid workforces, there's no better time for companies to consolidate business functions and centralize support services. Continue Reading
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Tip
18 Jan 2023
HR shared services models benefit employee experiences
In the new reality of hybrid and remote workforces, shared services organizations smooth work processes, increase collaboration, and improve employee engagement and productivity. Continue Reading
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Definition
12 Jan 2023
accounts receivable (AR)
Accounts receivable (AR) is an item in the general ledger (GL) that shows money owed to a business by customers who have purchased goods or services on credit. Continue Reading
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News
06 Jan 2023
ERP needs relevant functionality in 2023
ERP systems are becoming increasingly critical to help organizations mitigate changing business issues. But ERP needs to include new technology and capabilities to stay relevant. Continue Reading
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Definition
29 Dec 2022
financial analytics
Financial analytics is the creation of ad hoc analysis to answer specific business questions and forecast possible future financial scenarios. Continue Reading
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Definition
28 Dec 2022
RFI (request for information)
An RFI (request for information) is a formal process for gathering information from potential suppliers of a good or service. Continue Reading
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Tip
16 Dec 2022
Learn the 6 digital transformation stages
Company leaders should know the six digital transformation stages so they know what to expect when undertaking the sometimes complicated and intimidating process. Learn the stages. Continue Reading
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Tip
16 Dec 2022
Learn the 4 types of digital transformation
A company's business requirements affect which type of digital transformation strategy is most likely to succeed. Learn more about the four types of digital transformation. Continue Reading
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Definition
21 Nov 2022
enterprise asset management (EAM)
Enterprise asset management (EAM) is the process of managing the lifecycle of physical assets to maximize their use; save money; improve quality and efficiency; and safeguard health, safety and the environment. Continue Reading
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Answer
15 Nov 2022
How to use the Excel LARGE function, with examples
The Excel LARGE function can help users who need to rank numbers in a list. Learn how to use it, some related functions and some errors to avoid when doing so. Continue Reading
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News
15 Nov 2022
Celonis aims to deepen and democratize process mining
Celonis unveiled Process Sphere, enabling companies to create maps across functional areas, and Business Miner, which moves process analysis from data analysts to business users. Continue Reading
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Podcast
31 Oct 2022
Latest Oracle ERP pitch deems cloud partnerships essential
TechTarget editors discuss enterprise application news from Oracle CloudWorld 2022 and Oracle's emphasis on partnerships to broaden the appeal of its multi-tenant SaaS flagship, Oracle Fusion ERP Cloud. Continue Reading
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Feature
25 Oct 2022
CRM vs. ERP: Understand the differences
Some companies may require CRM software in addition to their ERP system. Learn more about CRM vs. ERP and whether your company requires CRM software as well. Continue Reading
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News
21 Oct 2022
Oracle Cloud ERP to add direct finance, logistics services
The new Oracle B2B Commerce is aimed at easing the complexity of B2B transactions by integrating finance from JP Morgan and logistics from FedEx into the Oracle Cloud ERP platform. Continue Reading
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News
19 Oct 2022
IFS aims to help companies improve ESG goals
Customers at the IFS Unleashed conference showed interest in the IFS ESG module, which is intended to measure ESG data and introduce sustainability into decision-making. Continue Reading
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News
14 Oct 2022
IFS doubles down on industry specificity for cloud platform
IFS will not try to be the ERP for all companies and purposes, but it will continue to focus on providing functionality for specific industries such as manufacturing. Continue Reading
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News
03 Oct 2022
NetSuite ERP adds CPQ, workforce management applications
NetSuite debuted several new features for CPQ, workforce management, embedded banking and warehouse management for its cloud ERP platform at SuiteWorld 2022. Continue Reading
- Definition 26 Sep 2022
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Podcast
14 Sep 2022
Not so stodgy: SAP 50th anniversary shows it adapts to change
Analyst Vinnie Mirchandani, author of 'SAP Nation 3.0,' says adaptability, customer loyalty and periodic management shakeups are the keys to SAP's longevity. Continue Reading
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Podcast
26 Aug 2022
AI risk management puts ML code, data science in context
Navrina Singh, CEO of Credo AI, discusses the limits of MLOps and algorithmic auditing in providing governance for responsible AI. Continue Reading
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Definition
03 Aug 2022
Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is one of the largest multinational IT service and consulting companies. Continue Reading
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Feature
28 Jul 2022
8 items to include on an ERP demo scorecard, with template
Evaluation team members may lose track of crucial ERP features if they attend multiple ERP demos. Learn some items to include on vendor demo scorecards. Continue Reading
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News
20 Jul 2022
Acumatica CEO brings cloud ERP customer perspective to role
In this Q&A, Acumatica CEO John Case discusses how his experience as a customer informs issues like the degree of standardization in SaaS ERP and industry-specific ERP. Continue Reading
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News
14 Jul 2022
IFS expands EAM software portfolio with Ultimo acquisition
IFS' acquisition of cloud-based EAM vendor Ultimo provides it with midmarket options to add to its enterprise level platform in a growing EAM marketplace. Continue Reading
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Feature
15 Jun 2022
Process mining becomes acquisition target, altering the terrain
Enterprise technology companies like SAP and Microsoft see value in process mining technology, but the current rate of acquisition is rapidly altering the market. Continue Reading
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News
07 Jun 2022
Epicor ERP gets integration automation capabilities
Epicor released Epicor Automation Studio, an integration PaaS embedded into its ERP systems, Epicor Kinetic for manufacturing and Prophet 21 for distribution. Continue Reading
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Podcast
25 May 2022
SAP Sapphire 2022 models a digitally transformed future
TechTarget editors who were on site in Orlando and The Hague analyze SAP Sapphire 2022, which is being held in person for the first time since 2019 and extended to nine cities. Continue Reading
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News
25 May 2022
ServiceNow procurement software centralizes teams, processes
Jumping into the fast-growing procurement management market, ServiceNow debuted software that centralizes procurement teams and processes across an enterprise. Continue Reading
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Feature
19 May 2022
SAP innovation wing aims to shape future of ERP technology
Self-learning AI and analytics that are smart enough to launch dashboards and alerts are among the research projects that could someday become SAP products. Continue Reading
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Definition
16 May 2022
SWIFT FIN message
SWIFT FIN is a message type (MT) that transmits financial information from one financial institution to another. Continue Reading
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Feature
03 May 2022
7 items to include on an ERP vendor demo checklist
Creating an ERP vendor demo checklist before the presentation can prove beneficial for both the implementation team and the vendor. Learn several items to include on the checklist. Continue Reading
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Feature
29 Apr 2022
Choosing the right accounting software: SMB to enterprise
To find the best enterprise accounting software, businesses must outline specific criteria and compare those criteria against accounting software features and benefits. Continue Reading
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Podcast
27 Apr 2022
What's so special about industry clouds?
TechTarget editors discuss the emergence of industry clouds from ERP vendors, including Infor, Microsoft, Oracle and SAP. Continue Reading
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Feature
27 Apr 2022
Enterprise accounting software explained
Evolving companies often turn to enterprise accounting software, especially when they grow out of SMB software, but aren't yet ready for a complex ERP system. Continue Reading
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Feature
26 Apr 2022
Robots in manufacturing help Cheer Pack meet labor needs
Cheer Pack, which makes spouted pouches, uses an IFS ERP system to manage a team of robots in its manufacturing operations, saving on labor and eliminating mistakes. Continue Reading
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Feature
26 Apr 2022
Exploring the benefits of enterprise accounting software
Enterprise accounting software benefits extend beyond balancing the books, with many advanced products perfect for companies not yet ready for full-on ERP. Continue Reading
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News
12 Apr 2022
Infor execs tout ERP SaaS growth, industry functionality
Infor experienced strong revenue growth in 2021, particularly for SaaS bookings, and the ERP vendor believes its deep industry functionality will spur more cloud migrations. Continue Reading
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Feature
08 Apr 2022
Top SAP S/4HANA alternatives to add to your ERP shortlist
SAP S/4HANA competitors from Microsoft, Oracle and QAD have much of the capability and scalability you need but with less of the hassle. Here's how they compare. Continue Reading
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News
01 Apr 2022
Microsoft gets in process mining game with Minit acquisition
Minit's acquisition by Microsoft will enable organizations to better understand business processes and help them plan and implement digital transformation projects. Continue Reading
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Podcast
30 Mar 2022
Evolution of postmodern ERP to composable ERP explained
Ex-Gartner analyst Mike Guay, now a VP at Infor, lays out the nuts and bolts of composable ERP and how to craft a sensible migration strategy built on a strong foundation. Continue Reading
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Definition
25 Mar 2022
general ledger (GL)
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Continue Reading
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News
24 Mar 2022
Anaplan to go private after $10.7B acquisition
Cloud-based integrated business planning vendor Anaplan will be acquired by Thoma Bravo for $10.7 billion, positioning it to be more competitive with IBP rivals SAP and Oracle. Continue Reading
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Feature
22 Mar 2022
4 questions to ask about an outsourced cloud ERP IT help desk
IT leaders outsourcing their cloud ERP help desk should consider various factors before selecting a vendor. Learn the criteria to consider when you choose one. Continue Reading
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News
04 Mar 2022
Epicor ERP adds low-code BI with Grow acquisition
Epicor's acquisition of Grow Inc. provides the ERP vendor with a low-code business intelligence tool that provides business users flexible and easy-to-use analytics capabilities. Continue Reading