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What is The Best Cloud ERP Solutions for Small Business?

Enterprise Resource Planning (ERP) systems integrate various business processes into a unified system. Cloud ERP solutions offer the benefits of accessibility, scalability, and cost-effectiveness, making them ideal for small businesses. In this article, we explore the best cloud ERP solutions for small business, including detailed reviews, website links, pricing, pros and cons, and examples of companies using these solutions.

1. NetSuite ERP



Overview: NetSuite is a comprehensive cloud ERP solution designed for small to mid-sized businesses. It offers modules for financial management, CRM, e-commerce, inventory management, and more.

Website: NetSuite

Pricing: NetSuite pricing starts at $999 per month, with additional costs based on the number of users and modules required. Custom pricing is available upon request.

Pros:

  • Comprehensive functionality
  • Customizable dashboards
  • Strong financial management features

Cons:

  • Higher cost compared to some other solutions
  • Steeper learning curve

Examples of Companies Using NetSuite:

  • GoPro
  • Fitbit
  • Lucky Brand

2. QuickBooks Online



Overview: QuickBooks Online is an affordable and user-friendly cloud ERP solution tailored for small businesses. It provides tools for accounting, payroll, invoicing, and expense tracking.

Website: QuickBooks Online

Pricing: Pricing starts at $25 per month for the Simple Start plan. Other plans include Essentials at $50 per month, Plus at $80 per month, and Advanced at $180 per month.

Pros:

  • Easy to use
  • Affordable pricing
  • Strong accounting features

Cons:

  • Limited advanced features
  • Not as scalable for larger businesses

Examples of Companies Using QuickBooks Online:

  • Eventbrite
  • The Honest Company
  • Cook's Illustrated

3. Zoho Books



Overview: Zoho Books is a cloud-based accounting software designed for small businesses. It offers features for invoicing, expense tracking, project management, and financial reporting.

Website: Zoho Books

Pricing: Pricing starts at $15 per month for the Basic plan, $40 per month for the Standard plan, and $60 per month for the Professional plan.

Pros:

  • Affordable pricing
  • Integrates well with other Zoho products
  • Comprehensive accounting features

Cons:

  • Limited third-party integrations
  • May not be suitable for larger businesses

Examples of Companies Using Zoho Books:

  • House of Liza
  • Simplifyd
  • iHope Photography

4. SAP Business One



Overview: SAP Business One is a robust cloud ERP solution tailored for small to mid-sized businesses. It offers modules for financials, sales, inventory, CRM, and more.

Website: SAP Business One

Pricing: Pricing is custom-based and typically starts at around $3,000 for a single user. Subscription pricing starts at $94 per user per month.

Pros:

  • Comprehensive functionality
  • Scalable for growing businesses
  • Strong integration capabilities

Cons:

  • Higher initial cost
  • Can be complex to implement

Examples of Companies Using SAP Business One:

  • Whale Cloud
  • Impact Innovations
  • Topaz Energy

5. Sage Intacct



Overview: Sage Intacct is a cloud-based ERP solution designed for small to mid-sized businesses. It offers strong financial management features, including accounts payable, accounts receivable, cash management, and general ledger.

Website: Sage Intacct

Pricing: Pricing starts at $400 per month for the base package, with additional costs for additional modules and users.

Pros:

  • Strong financial management features
  • User-friendly interface
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Limited CRM and inventory features

Examples of Companies Using Sage Intacct:

  • GoGuardian
  • Benchmarking Success
  • Lightelligence

6. Odoo



Overview: Odoo is an open-source cloud ERP solution that offers a suite of business applications, including CRM, e-commerce, accounting, inventory, and project management.

Website: Odoo

Pricing: Pricing starts at $20 per user per month, with additional costs for extra modules. The Community version is free but limited in features.

Pros:

  • Flexible and customizable
  • Affordable pricing
  • Comprehensive suite of applications

Cons:

  • Can be complex to implement
  • Some features require additional customization

Examples of Companies Using Odoo:

  • Toyota
  • Hyundai
  • Danone

7. Xero



Overview: Xero is a cloud-based accounting software designed for small businesses. It offers features for invoicing, bank reconciliation, expense management, and financial reporting.

Website: Xero

Pricing: Pricing starts at $12 per month for the Early plan, $34 per month for the Growing plan, and $65 per month for the Established plan.

Pros:

  • User-friendly interface
  • Affordable pricing
  • Strong accounting features

Cons:

  • Limited advanced features
  • Not as scalable for larger businesses

Examples of Companies Using Xero:

  • Vend
  • Everledger
  • BDO

8. Acumatica



Overview: Acumatica is a cloud-based ERP solution designed for small to mid-sized businesses. It offers modules for financial management, CRM, manufacturing, distribution, and project accounting.

Website: Acumatica

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,000 per month.

Pros:

  • Comprehensive functionality
  • Scalable for growing businesses
  • Strong integration capabilities

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Acumatica:

  • Shoebacca
  • American Meadows
  • CASE

9. Microsoft Dynamics 365 Business Central



Overview: Microsoft Dynamics 365 Business Central is a cloud-based ERP solution designed for small to mid-sized businesses. It offers modules for financial management, sales, service, and project management.

Website: Microsoft Dynamics 365 Business Central

Pricing: Pricing starts at $70 per user per month for the Essentials plan and $100 per user per month for the Premium plan.

Pros:

  • Comprehensive functionality
  • Strong integration with Microsoft products
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Microsoft Dynamics 365 Business Central:

  • Kelly Roofing
  • Heineken
  • Pandora

10. FreshBooks



Overview: FreshBooks is a cloud-based accounting software designed for small businesses. It offers features for invoicing, expense tracking, time tracking, and financial reporting.

Website: FreshBooks

Pricing: Pricing starts at $15 per month for the Lite plan, $25 per month for the Plus plan, and $50 per month for the Premium plan.

Pros:

  • User-friendly interface
  • Affordable pricing
  • Strong invoicing features

Cons:

  • Limited advanced features
  • Not as scalable for larger businesses

Examples of Companies Using FreshBooks:

  • MindSea
  • Narrative Coffee
  • Urban Village

11. Wave



Overview: Wave is a free, cloud-based accounting software designed for small businesses. It offers features for invoicing, expense tracking, payroll, and financial reporting.

Website: Wave

Pricing: Wave is free to use, with additional costs for payroll and payment processing.

Pros:

  • Free to use
  • User-friendly interface
  • Strong accounting features

Cons:

  • Limited advanced features
  • Additional costs for payroll and payment processing

Examples of Companies Using Wave:

  • FinStart
  • MadeFresh
  • Studio Lovelock

12. ERPNext



Overview: ERPNext is an open-source cloud ERP solution designed for small to mid-sized businesses. It offers modules for accounting, inventory, CRM, manufacturing, and project management.

Website: ERPNext

Pricing: Pricing starts at $10 per user per month for the Standard plan, with additional costs for premium features. The Community version is free.

Pros:

  • Flexible and customizable
  • Affordable pricing
  • Comprehensive suite of applications

Cons:

  • Can be complex to implement
  • Some features require additional customization

Examples of Companies Using ERPNext:

  • Zerodha
  • Sapphire Systems
  • Bata

13. Infor CloudSuite



Overview: Infor CloudSuite is a cloud-based ERP solution designed for small to mid-sized businesses. It offers modules for financial management, supply chain, manufacturing, and customer relationship management.

Website: Infor CloudSuite

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,500 per month.

Pros:

  • Comprehensive functionality
  • Scalable for growing businesses
  • Strong industry-specific features

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Infor CloudSuite:

  • Ferrari
  • Bose
  • Samsonite

14. Brightpearl



Overview: Brightpearl is a cloud-based ERP solution designed for retail and wholesale businesses. It offers features for order management, inventory management, accounting, and CRM.

Website: Brightpearl

Pricing: Pricing starts at $1,000 per month, with additional costs based on the number of users and modules required.

Pros:

  • Strong retail and wholesale features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Limited customization options

Examples of Companies Using Brightpearl:

  • LoveCrafts
  • Nora Lighting
  • Blue Tomato

15. Syspro



Overview: Syspro is a cloud-based ERP solution designed for small to mid-sized manufacturers and distributors. It offers modules for financial management, inventory management, production management, and supply chain management.

Website: Syspro

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,500 per month.

Pros:

  • Strong manufacturing and distribution features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Syspro:

  • Trojan Battery
  • SYSPRO Impact Award Winners
  • Kooks Headers and Exhaust

16. Epicor ERP



Overview: Epicor ERP is a cloud-based ERP solution designed for small to mid-sized manufacturers and distributors. It offers modules for financial management, supply chain management, production management, and customer relationship management.

Website: Epicor ERP

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,000 per month.

Pros:

  • Strong manufacturing and distribution features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Epicor ERP:

  • Rhino Ag
  • Bisco Industries
  • Maud Borup

17. Aptean ERP



Overview: Aptean ERP is a cloud-based ERP solution designed for small to mid-sized manufacturers and distributors. It offers modules for financial management, supply chain management, production management, and customer relationship management.

Website: Aptean ERP

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,500 per month.

Pros:

  • Strong manufacturing and distribution features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Aptean ERP:

  • Zephyr Foods
  • TruFoodMfg
  • Epicurean Butter

18. MYOB Advanced


Overview: MYOB Advanced is a cloud-based ERP solution designed for small to mid-sized businesses. It offers modules for financial management, CRM, inventory management, and project management.

Website: MYOB Advanced

Pricing: Pricing starts at $80 per user per month, with additional costs for extra modules.

Pros:

  • User-friendly interface
  • Affordable pricing
  • Comprehensive functionality

Cons:

  • Limited advanced features
  • Not as scalable for larger businesses

Examples of Companies Using MYOB Advanced:

  • Xero Shoes
  • Renaissance Brewery
  • Parkes Automotive

19. Workday



Overview: Workday is a cloud-based ERP solution designed for small to mid-sized businesses. It offers modules for financial management, human capital management, payroll, and analytics.

Website: Workday

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,500 per month.

Pros:

  • Strong financial and human capital management features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Workday:

  • Netflix
  • AirBnB
  • Adobe

20. Rootstock



Overview: Rootstock is a cloud-based ERP solution designed for small to mid-sized manufacturers. It offers modules for financial management, supply chain management, production management, and customer relationship management.

Website: Rootstock

Pricing: Custom pricing based on the number of users and modules required. Typically starts at around $1,500 per month.

Pros:

  • Strong manufacturing features
  • Comprehensive functionality
  • Scalable for growing businesses

Cons:

  • Higher cost compared to some other solutions
  • Can be complex to implement

Examples of Companies Using Rootstock:

  • Direct Energy Solar
  • Matouk
  • Trail King Industries

Conclusion

Choosing the best cloud ERP solution for a small business depends on various factors, including the size of the business, industry, specific requirements, and budget. The solutions listed above offer a range of features, pricing options, and benefits tailored to different business needs.

NetSuite ERP and SAP Business One are ideal for businesses looking for comprehensive functionality and scalability, albeit at a higher cost. QuickBooks Online and Xero are excellent choices for small businesses seeking affordable and user-friendly accounting solutions. Odoo and ERPNext offer flexible and customizable options for businesses with specific needs and a preference for open-source solutions.

Investing in the right cloud ERP solution can significantly improve a small business's efficiency, streamline operations, and enhance decision-making capabilities. By carefully evaluating the available options and considering the unique requirements of the business, small business owners can select a cloud ERP solution that best meets their needs and supports their growth objectives.

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