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With so many different enterprise resource management solutions available, figuring out which is right for you is tough. You know you want to manage and integrate various business processes to improve performance and productivity but need to figure out which tool is best. I've got you! In this post I'll help make your choice easy, sharing my personal experiences using dozens of different resourcing tools with large teams and projects, with my picks of the best enterprise resource management software.

Why Trust Our Resource Management Software Reviews

We’ve been testing and reviewing resource management software since 2012. As project managers ourselves, we know how critical and difficult it is to make the right decision when selecting software.

We invest in deep research to help our audience make better software purchasing decisions. We’ve tested more than 2,000 tools for different project management use cases and written over 1,000 comprehensive software reviews. Learn how we stay transparent & our review methodology.

The 10 Best Enterprise Resource Management Software Summary

Tools Price
Wrike From $9.80/user/month min. 2 seats
monday.com From $8/user/month (billed annually, min 3 seats)
Celoxis From $15/user/month (billed annually)
Kantata Pricing upon request
Hub Planner From $7/user/month (billed annually)
Runn From $10/user/month (billed annually)
Microsoft Project From $10/user/month (billed annually)
Oracle NetSuite Pricing upon request
SAP ERP From $3,200/user for a perpetual license
Dayshape Pricing upon request
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How To Choose Enterprise Resource Management Software

With so many different enterprise resource management software solutions available, it can be challenging to make decisions on what enterprise resource management software is going to be the best fit for your needs.

As you're shortlisting, trialing, and selecting enterprise resource management software, consider the following:

  • What problem are you trying to solve - Start by identifying the resource management feature gap you're trying to fill to clarify the features and functionality the enterprise resource management software needs to provide.
  • Who will need to use it - To evaluate cost and requirements, consider who'll be using the software and how many licenses you'll need. You'll need to evaluate if it'll just be the project management professionals, or the whole organization that will require access. When that's clear, it's worth considering if you're prioritizing ease of use for all, or speed for your enterprise resource management software power users.
  • What other tools it needs to work with - Clarify what tools you're replacing, what tools are staying, and the tools you'll need to integrate with, such as accounting, CRM or HR software. You'll need to decide if the tools will need to integrate together, or alternatively, if you can replace multiple tools with one consolidated enterprise resource management tool.
  • What outcomes are important - Consider the result that the software needs to deliver to be considered a success. Consider what capability you want to gain, or what you want to improve, and how you will be measuring success. For example, an outcome could be the ability to get greater visibility into performance. You could compare enterprise-level resource management features until you’re blue in the face, but if you aren’t thinking about the outcomes you want to drive, you could be wasting a lot of valuable time.
  • How it would work within your organization - Consider the software selection alongside your workflows and delivery methodology. Evaluate what's working well, and the areas that are causing issues that need to be addressed. Remember every business is different — don’t assume that because a tool is popular that it'll work in your organization. Look for software that offers a full coverage for your complex enterprise needs

Best Enterprise Resource Management Software Reviews

You can use the simple overviews of each tool below to understand how each tool stands out from other enterprise resource management software. Feel free to check out how I picked the tools on this list at any time.

Best for resource visibility

  • Freemium version available
  • From $9.80/user/month min. 2 seats
Visit Website
Rating: 4.2/5

Wrike brings all work together in a single platform to help teams gain more visibility regarding project resources and remove complexities.

Why I picked Wrike: The software will help your business simplify resource management with its visibility capabilities, so your teams can do their best work. Wrike can help you control resource management by understanding your teams’ work capacity so you can allocate resources effectively. The tool’s features allow you to delegate tasks effectively, get your team’s availability, and assign resources to upcoming projects.

Wrike suits mid-sized businesses and large enterprises requiring teams to collaborate in real-time when working on complex projects. The platform integrates with over 400 applications that will help you simplify tasks and keep your favorite tools. Wrike also helps organizations with multiple teams with pre-built templates designed for different groups that enable you to kick-start your project planning.

Wrike Standout Features and Integrations

Features include strategic planning, portfolio management, project management, corporate development, request management, status tracking, Gantt chart, Kanban board, backlog management, and budgeting tools.

Integrations include Pipedrive, Widen Collective, Bynder, Jotform, DoorLoop, Hubstaff, HoneyBook, Basecamp, Acuity PPM, MediaValet, Userback, Resource Guru, Zendesk, Salesforce, and Mailchimp.

Pros and cons

Pros:

  • Centralizes team conversations.
  • Updates automatically adjust all deadlines.
  • Customizable individual and team dashboards.

Cons:

  • Some automations are difficult.
  • Complex interface for new users.

Best for project collaboration

  • 14-day free trial + free plan available
  • From $8/user/month (billed annually, min 3 seats)
Visit Website
Rating: 4.6/5

monday.com provides high-level collaboration features to help your teams work together effectively.

Why I picked monday.com: With monday.com, you can ensure straightforward, effective communication between your team members to increase project collaboration. It brings your teams together on one shared platform to ensure everyone is on the same page. You can use monday.com to remove communication silos, allocate organizational resources, and make real-time changes to ensure your projects progress to completion.

monday.com helps businesses of all sizes and across all industries improve project management and workflows. It’s a cloud-based, no-code solution that enables organizations to provide an efficient work environment where teams can assign tasks, automate work, and share files. monday.com can manage everything from simple to complex projects while ensuring straightforward communication and resource utilization efficiency.

monday.com Standout Features and Integrations

Features include Gantt chart, project dashboards, resource management, milestones, progress sharing, dependencies, project templates, feedback management, customer relationship management, and workflow management.

Integrations include Clockify, Twilio, Pipedrive, Orange Logic, PandaDoc, Jotform, DoorLoop, Stripe, 6clicks, Contractbook, Basecamp, FleetUp, MindCloud, Userback, and SiteDocs.

Pros and cons

Pros:

  • Drag-and-drop functionality.
  • Creates custom dashboards.
  • Easily organizes work.

Cons:

  • Automation can be complex.
  • Mobile app lacks some features.

Best for advanced project cost and performance analysis

  • 14-day free trial + free demo available
  • From $15/user/month (billed annually)
Visit Website
Rating: 4.5/5

Celoxis is a comprehensive, easy to use resource management software solution that empowers organizations to optimize their resource allocation and utilization with precision.

Why I picked Celoxis: Celoxis is a robust resource management software that enables organizations to efficiently allocate and utilize their resources with precision. It offers a comprehensive suite of tools for managing personnel, equipment, and assets, ensuring efficient allocation to projects and tasks. With real-time visibility into resource availability, workloads, and project timelines, Celoxis supports informed decision-making to prevent overallocation or underutilization. Its user-friendly interface, customizable reports, and dashboards provide valuable insights, facilitating data-driven resource planning.

Celoxis sets itself apart with its advanced Earned Value Management (EVM) module, which outperforms many competitors by providing project managers with an intuitive platform for implementing and tracking EVM metrics like CPI and SPI. This robust EVM feature is seamlessly integrated with other project management functions, offering real-time insights into project progress, cost efficiency, and scheduling accuracy.

Celoxis Standout Features & Integrations

Features include a real-time project tracker, flexible portfolio management, task management, resource availabilities and utilization, timesheets, project finances, risks, issues and to-dos.

Integrations include pre-built connections with Google Drive, Outlook, Microsoft Project, Excel, Salesforce and hundreds of other tools like JIRA, Slack & Trello.

Pros and cons

Pros:

  • Excellent customer support
  • Offers a variety of optional customizations
  • Deep and detailed project cost/performance analysis

Cons:

  • UI has a bit of a learning curve
  • Defaults fixed-price projects as non-billable

Best for project forecasting

  • Pricing upon request
Visit Website
Rating: 4.1/5

Kantata is a cloud-based resource management platform that provides accurate forecasts to enhance operational performance.

Why I picked Kantata: This tool provides a full suite of forecasting tools to help ensure your business is ready for future projects. Kantata simplifies forecasting and resource utilization to enhance your teams’ efficiency with powerful planning capabilities. You can use the data it provides to respond to supply and demand changes and explore how they will impact your company’s revenue, margins, and timelines.

Kantata helps any sized professional service business, especially in marketing, advertising, engineering, and management consulting. Kantata’s architecture enables your business to bring on the best teams and see real-time progress against project timelines and budgets. The platform provides a collection of excellent operational management, business intelligence, and workflow optimization features.

Kantata Standout Features and Integrations

Features include performance metrics, strategic planning, visual analytics, budgeting and forecasting, profitability analysis, content management, financial reporting, task management, and version control.

Integrations include BambooHR, Hubstaff, Desktop.com, Gigasheet, Salesforce, Microsoft 365, Slack, Hubspot CRM, Jira, Time Doctor, Quickbooks, Google Drive, and Zapier.

Pros and cons

Pros:

  • Provides accurate forecasting.
  • Simple collaboration capabilities.
  • Customizable reports and metrics.

Cons:

  • Steep learning curve.
  • The UI is outdated.

Best for skills-based resource allocation

  • 30-day free trial + free demo available
  • From $7/user/month (billed annually)
Visit Website
Rating: 4.2/5

Hub Planner is a resource management and scheduling software that helps businesses manage their projects, teams, and budgets more efficiently. It's designed for businesses of all sizes, from small startups to large enterprises.

Why I picked Hub Planner: It is easy to use, highly customizable and provides real-time visibility into project progress and resource availability. This tool is focused exclusively on your resources and how you handle your team during projects. No distractions in building modules for other project management aspects, just resource management.

What makes it easy to use is its drag-and-drop interfaces where you can easily solve a scheduling conflict or over-allocation of a resource in a few clicks. Also, the filtering in the skills matching feature helps you quickly find the resources you need for a project.

Hub Planner Standout Features & Integrations

Features include powerful reporting and analytics capabilities that help you make data-driven decisions about your projects and resources. You can create custom reports, track key performance indicators (KPIs), and analyze resource utilization to ensure your team is working efficiently. Then, there are the budgeting and forecasting tools that help you keep your projects on track financially, allowing you to track expenses, set budget limits, and forecast future costs. Finally, I'd like to highlight the custom fields. These let you define specific criteria you want as attributes for a resource and will help your search whenever you have a special project. Examples of special fields can be the resource's location, software skills, area of expertise, or anything you deem important.

Integrations include the use of third-party software like Zapier to connect your current tools to Hub Planner and an API you can use to build custom integrations.

Best to quantify your hiring needs

  • 14-day free trial + free plan available
  • From $10/user/month (billed annually)
Visit Website
Rating: 3.7/5

Runn is a real-time resource planning software that's designed to give you the tools to help you make all the decisions required around your people. It's a tool that's all about helping you plan, track, and analyze your company's work, making it easier to make informed decisions about your resources and projects.

Why I picked Runn: Runn made it to this list because of how easy it makes it for you to manage resources. Its friendly user interface lets you quickly learn how to get around the tool and build resource allocations. The real power comes underneath the colorful bars. Runn has a powerful tagging engine and filters that can help you search through resources with high granularity. You can search based on geolocation, skills, profession, and whatever custom tags you define.

Additionally, Runn lets you plan for future resource needs using placeholders. This can quickly help you see when you need to hire someone for a project or to add a skillset that you don't have in your current team. The enterprise plan adds SSO and additional security features that add to its already secure SOC 2 Type II certified platform.

Runn Standout Features & Integrations

Features that stand out include the forecasting feature which can be really handy. It allows you to predict your future resource needs based on your current projects and resources, which can help you avoid over or under-booking. Also, the reporting feature is top-notch. It allows you to generate detailed reports on your projects and resources, which can be invaluable for decision-making and planning.

Integrations include Clockify, Bamboo HR, Gusto, Workday, HiBob, Personio, Factorial, ADP Workforce, CharlieHR, and Sage HR. Additionally, you can use its API to develop custom integrations with your tools.

Pros and cons

Pros:

  • Personalized onboarding and account management for enterprise
  • Placeholders for resource planning
  • Free version for up to 5 people

Cons:

  • Simple importing features for .csv files
  • Unclear which features are exclusive for Enterprise

Best for integrating with other Microsoft products

  • 30-day free trial
  • From $10/user/month (billed annually)
Visit Website
Rating: 4.7/5

Microsoft Project provides nearly anything when it comes to project management, along with the ability to integrate with Microsoft’s enormous number of products.

Why I picked Microsoft Project: The platform is an enormous tool that can do almost any project management task. If your business already uses one of Microsoft’s other systems, adding Microsoft Project into the mix gives you all the necessary parts to run your projects. For example, you can manage document storage by integrating the platform with Microsoft Teams or create checklists with Microsoft Word and Excel.

Microsoft Project works well for any sized business that needs a simple tool to plan projects and enhance collaboration. It’s a flexible solution for project management and tracking that is a part of the Microsoft Office 365 ecosystem. Microsoft Project will help you execute projects with various tools, such as built-in templates, scheduling tools, and mobile device access.

Microsoft Project Standout Features and Integrations

Features include Gantt charts, project planning, interactive dashboard, customizable templates, task editing and updating, project scheduling, interactive roadmaps, timesheet submission, and resource management.

Integrations include Wrike, ProjectManager, WorkOtter, Journyx, Office Timeline, Project Insight, Assai, TimeControl, PMWeb, GanttPRO, OneDesk, Zoho Projects, Microsoft Power BI, and Roadmap.

Pros and cons

Pros:

  • Great for presenting vital information.
  • Excellent project monitoring capabilities.
  • Integration with all Microsoft tools.

Cons:

  • Doesn’t provide real-time updates.
  • Steep learning curve.

Best for scaling and growth

  • Free product demo available
  • Pricing upon request

Oracle NetSuite is a fully customizable platform that supports business growth.

Why I picked Oracle NetSuite: The vendor of this tool understands the positions of organizations that are focusing on business growth. Oracle NetSuite provides extensive modules that you can add to the platform to expand its functionality as your business scales. Because it’s on the cloud, you can also extend to multiple locations and provide real-time access to the same information.

Oracle NetSuite is suitable for small and medium-sized businesses focusing on growth. The modules you can add provide functionality across sales, production, supply chain, and financial departments. Oracle NetSuite is a popular option because it’s customizable to fit almost any industry, such as advertising and marketing, energy, education, and healthcare services.

Oracle NetSuite Standout Features and Integrations

Features include project accounting, fixed asset management, expense tracking, cash management, bank reconciliation, approval process control, collections management, and customer relationship management.

Integrations include Ledgible, Domo, ConnectWise, BambooHR, Twilio Flex, Orderful, Fieldmagic, Orange Logic, Recurly, Paccurate, TrueCommerce, Kantata, Avarni, and OneBill.

Pros and cons

Pros:

  • Allows for deep data insights.
  • Accessible from anywhere.
  • Many customizable features.

Cons:

  • Slow to implement.
  • Difficult to build reports.

Best for large organizations

  • 90-day free trial
  • From $3,200/user for a perpetual license

SAP ERP helps large enterprises ease data processing and information flow between departments.

Why I picked SAP ERP: This tool helps larger enterprises grow even further without the limitations you might find in other enterprise resource management software. SAP ERP centralizes various business workflows in one location, such as order management, human resources, and financial management. It makes it easy to get statistical insights and share these details throughout multiple departments.

SAP ERP works if your business operates in different countries worldwide. The tool’s currency conversion capabilities make it an excellent choice for international business. Also, SAP ERP’s automation feature makes connecting workflows throughout your enterprise possible so your teams can spend time on other valuable tasks.

SAP ERP Standout Features and Integrations

Features include accounting integration, order management, reporting and analytics, purchase order management, financial reports, real-time upload and download, work schedule management, and inventory management.

Integrations include Cleo Integration Cloud, TrueCommerce, MV2, Journyx, Medius, ImpactECS, Proactis, OnPlan, Repsly, incentX, Vertex, Envoy B2B, OnScreen, TouchBase, and Convertigo.

Pros and cons

Pros:

  • Extensive data management and storage.
  • Very customizable for your needs.
  • Manages all business processes.

Cons:

  • Can be slow and unstable.
  • UI is complex to learn.

Best with AI-powered scheduling

  • Free demo available
  • Pricing upon request

Dayshape is a resource management software with built-in AI tools that help you schedule resources more effectively and efficiently.

Why I picked Dayshape: The software can run your scheduling automatically, using AI to assign work based on team members' skills and availability. There's also a self-serve assignment feature that allows employees to select the work they most want to do. Task preferences can also be considered in the scheduling process.

Financial tracking and management are also included in the platform. You can assign work based on predicted revenue and compare forecasts against actuals. The system's reporting tools also provide detailed analytics on your scheduling, projects, and expenses.

Dayshape Standout Features & Integrations

Features include AI-powered resource scheduling, employee self-scheduling, configurable workflows, data governance, compliance and permissions, and reporting tools.

Integrations include various HR, ERP, PSA, PMS, CRM, finance, and time-tracking software. Salesforce, SAP, and Workday are among the systems that integrate.

Pros and cons

Pros:

  • Financial management built in
  • Employees can self-select tasks
  • High level of data security

Cons:

  • Implementation can be time-consuming
  • Pricing is not transparent

If you still haven't found what you're looking for here, check out these other related tools that we've tested and evaluated: 

Selection Criteria for Enterprise Resource Management Software

Selecting the right enterprise resource management (ERM) software involves a careful evaluation of its functionality and how well it meets specific use cases critical to an organization’s success. Through my own experience and thorough research, I've identified key criteria that I believe are essential for effectively planning, allocating, and managing an organization's resources. These criteria ensure the software can enhance operational efficiency and resource utilization. Additionally, each criterion is weighted to reflect its importance to my overall evaluation.

Core Enterprise Resource Management Functionality (25% of total weighting score): To be considered for inclusion on my list of the best enterprise resource management software, the solution had to support the ability to fulfill common use cases, including:

  • Comprehensive resource planning and allocation
  • Financial management and forecasting
  • Project management and tracking
  • Inventory and supply chain management
  • Human capital management

Additional Standout Features (25% of total weighting score): Beyond the basics, this criterion assesses each software's unique and innovative features that set it apart from competitors. We look for advanced capabilities that cater to specific organizational needs and offer significant competitive advantages, such as:

  • Advanced analytics and reporting tools for data-driven decision-making
  • AI and machine learning capabilities for predictive analysis and efficiency improvements
  • Customizable dashboards and interfaces tailored to various user roles
  • Integration capabilities with other enterprise systems for seamless data flow
  • Cloud-based solutions offering enhanced accessibility and scalability

Usability (10% of total weighting score): Usability is crucial for ensuring that all users, regardless of their technical expertise, can effectively utilize the software. For this criterion, I examine:

  • Intuitive design and user interface, such as scheduling tools with drag-and-drop calendars
  • Simple navigation and easy access to essential features
  • Role-based access control that's straightforward to configure

Onboarding (10% of total weighting score): A seamless onboarding process is key to rapid adoption and maximizing the value of ERM software. I assess:

  • Comprehensive training materials like videos, templates, and product tours
  • Interactive support tools such as chatbots and webinars
  • A structured onboarding process that accelerates user acclimation and value realization

Customer Support (10% of total weighting score): Effective customer support is essential for resolving issues promptly and maintaining software performance. I look for:

  • Multiple channels of support, including live chat, email, and phone
  • Fast response times and access to knowledgeable support personnel
  • Dedicated account management for enterprise clients

Value For Money (10% of total weighting score): In evaluating value for money, I assess whether the pricing reflects the software's overall value, considering factors such as:

  • Comparing pricing plans against the breadth and depth of features offered
  • Assessing the flexibility of pricing models to accommodate growing business needs
  • Considering the total cost of ownership, including implementation and maintenance expenses

Customer Reviews (10% of total weighting score): Customer reviews offer invaluable insights into the software's real-world performance and user satisfaction. I look into user feedback to gauge the software’s impact on operational efficiency, its reliability under various conditions, and overall user experience. This also involves:

  • Satisfaction levels regarding usability, support, and overall functionality
  • Real-world insights into how the software has impacted organizational efficiency
  • User testimonials on the software’s reliability and performance under various conditions

This methodical evaluation process is designed to guide organizations toward a solution that not only meets their immediate requirements but also supports their long-term strategic objectives. By prioritizing these criteria, decision-makers can invest in an ERM system that enhances operational efficiency, fosters informed decision-making, and drives sustainable growth.

In 2024, enterprise resource management (ERM) software is continuing to evolve rapidly, driven by organizations' need to more effectively plan, allocate, and manage their resources in a dynamic business environment. Understanding the trajectory of these trends can be pivotal for project management professionals seeking to harness the latest in software solutions to drive efficiency and innovation. Here, I outline five trends in enterprise resource management software that I believe will be critical to the future of the software and resource management in general.

Emerging Trends in ERM Software

  • Integration with AI and Machine Learning: AI and machine learning integration is becoming increasingly common, enhancing predictive analytics, resource optimization, and decision-making capabilities. These technologies allow for more accurate forecasting and smarter resource allocation, demonstrating a shift towards more proactive and strategic management.
  • Enhanced Data Analytics and Visualization Tools: There is a marked emphasis on improved data analytics and visualization features. The ability to transform complex datasets into intuitive, actionable insights is critical for making informed decisions quickly, reflecting a demand for deeper analytical capabilities.
  • Cloud-based Solutions and Accessibility: The shift towards cloud-based ERM software is accelerating, emphasizing the importance of accessibility and collaboration across geographies. This trend caters to the growing need for remote work capabilities and real-time data access from anywhere.
  • Sustainability and Green Features: Novelty comes in the form of sustainability-focused features, such as carbon footprint tracking and resource conservation tools. These features address the increasing importance of environmental responsibility in resource planning and allocation.

Declining Features

  • Standalone Solutions: There is a noticeable decline in the demand for standalone ERM solutions that operate in silos. The market is moving towards integrated systems that offer comprehensive capabilities across all facets of enterprise resource management.

These trends in ERM software for 2024 reveal a clear trajectory towards more intelligent, flexible, and comprehensive solutions. For project management professionals, staying abreast of these trends is essential to selecting and leveraging the right tools to meet their organizations' evolving needs.

What is Enterprise Resource Management Software?

Enterprise resource management (ERM) software is a tool used by businesses to manage and integrate core processes. It covers various areas like finance, human resources, supply chain, operations, and services. This software centralizes data, making information accessible and manageable across different departments of an organization.

ERM software aids in streamlining operations, improving data accuracy, and enhancing decision-making. It allows companies to operate more efficiently by providing a unified view of business activities and resources. This leads to better coordination among departments, optimized resource use, and improved overall performance of the enterprise.

Features of Enterprise Resource Management Software

Selecting the right Enterprise Resource Management (ERM) software is a pivotal decision for any organization aiming to optimize its operations. The appropriate ERM software should not only streamline processes, but also ensure efficient utilization of resources, paving the way for sustainable growth and competitiveness. Here, I’ll outline the most crucial features to consider when evaluating which ERM tool is best for your organization.

  1. Scalability: The ERM adjusts to your growing needs. A scalable ERM system can adapt to your organization's changing demands, ensuring that as your business expands, your resource management capabilities grow with it.
  2. Integration capabilities: The ERM seamlessly connects with other systems. The ability to integrate with existing software and systems within your organization is essential for a unified operation, eliminating silos and enhancing data accuracy.
  3. Real-time data analytics: The ERM offers insights when you need them. Access to real-time data and analytics helps in making informed decisions swiftly, crucial for effective resource planning and allocation.
  4. Customization: The ERM tailors to your unique processes. A customizable ERM allows you to modify the software to fit your organization's specific workflows, ensuring a perfect fit for your operational needs.
  5. User-friendly interface: The ERM is easy and intuitive to use. An ERM with a user-friendly interface reduces the learning curve, facilitating quicker adoption across your organization and minimizing resistance to change.
  6. Cloud-based technology: The ERM provides access from anywhere. Cloud-based ERMs offer the flexibility to manage resources from any location, crucial for organizations with multiple locations or remote teams.
  7. Comprehensive resource management: The ERM encompasses all resource types. An effective ERM system provides tools for managing not just financial resources, but also human capital, inventory, and more, offering a holistic view of your organization’s resources.
  8. Security and compliance: The ERM protects your data and adheres to regulations. Ensuring that your ERM software has robust security measures and complies with industry regulations is vital to protect your data and avoid legal issues.
  9. Support and training: The ERM helps you make the most of the software. Adequate support and training options are crucial for resolving issues quickly and ensuring your team can use the ERM software effectively.
  10. Reporting and forecasting: The ERM prepares you for the future. Advanced reporting and forecasting capabilities enable you to analyze trends, prepare for future demands, and optimize resource allocation.

For organizations choosing an enterprise plan, additional enterprise-level features can be a game-changer. These include enhanced security measures, such as advanced encryption and dedicated servers, to protect sensitive information. Enterprise plans often also offer more robust customization options and integrations with other enterprise-level software, allowing for a more tailored solution that aligns closely with complex organizational structures and processes. Furthermore, superior support in the form of dedicated account management and 24/7 technical assistance ensures that any issues are promptly addressed, minimizing downtime and maximizing productivity.

Selecting the ideal ERM software for your team is a crucial step towards achieving operational excellence. By focusing on these features, organizations can ensure that they choose a system that not only meets their current needs, but is also poised to support their growth and adapt to future challenges.

Benefits of Enterprise Resource Management Software

As organizations grow and their operations become increasingly complex, the need for efficient management of resources becomes paramount. Enterprise Resource Management (ERM) software emerges as a critical tool in this context, offering a suite of benefits designed to streamline operations, enhance productivity, and foster sustainable growth. For potential buyers of ERM software, understanding these benefits can illuminate the path to making an informed decision that aligns with their strategic objectives. Let's delve into five primary benefits of ERM software for users and organizations.

  1. Enhanced Operational Efficiency: It streamlines processes across the organization. By automating routine tasks and integrating data across departments, ERM software reduces manual labor and minimizes errors, leading to a more efficient operation overall.
  2. Improved Decision Making: It provides real-time data and analytics. Access to up-to-date information and insightful analytics empowers managers to make informed decisions quickly, improving responsiveness and strategic planning.
  3. Increased Financial Visibility: It offers comprehensive financial management tools. ERM software provides a clear view of the organization's financial health, enabling better budget management, cost control, and financial planning.
  4. Better Resource Utilization: It optimizes the use of available resources. Through effective scheduling, demand forecasting, and capacity planning, ERM software ensures that resources are allocated efficiently, maximizing their utilization and minimizing waste.
  5. Scalability and Flexibility: It grows with your business. The scalable nature of ERM software means that it can adapt to the changing needs of an organization, supporting growth and facilitating adjustments in strategy or operations without the need for a complete system overhaul.

Furthermore, enterprise plans typically provide advanced security features, ensuring that data is protected according to the highest standards. They also offer greater customization and integration capabilities, allowing the software to be precisely tailored to fit complex business processes and to seamlessly work with other enterprise-level applications. Additionally, enterprise plans often include more comprehensive support services, including dedicated account managers and priority technical support, ensuring that any issues are swiftly addressed. This level of service and functionality is crucial for large organizations with extensive, sophisticated operations, where the efficiency and reliability of software systems can significantly impact the bottom line.

Overall, ERM software represents a transformative investment for organizations looking to optimize their operations, make informed decisions, and position themselves for future growth. The strategic adoption of such software, particularly at the enterprise level, can dramatically enhance operational efficiency, financial management, and resource utilization, providing a solid foundation for achieving long-term strategic goals.

Costs & Pricing for Enterprise Resource Management Software

Resource management software typically offers a variety of plans to cater to different sizes and types of businesses, each with its own set of features and pricing structures. Understanding these options will enable you to select the plan that best fits your organization’s needs and budget. Remember — just because you have a large team, doesn't necessarily mean that an enterprise-level plan will be right for you, in features or price. Always explore all of your options before making a decision.

Plan Comparison Table for Enterprise Resource Management Software

Plan TypeAverage PriceCommon Features
Free$0Basic resource planning, Limited users, Basic reporting, Community support
Entry-Level$10 - $50/user/monthCore resource management, Basic analytics, Integration with other business tools, Email support
Professional$50 - $150/user/monthAdvanced resource planning, Customizable reports, Advanced analytics, Priority email support
EnterpriseCustom PricingFull suite of ERM capabilities, Custom integrations, Dedicated support, Enhanced security features

Choosing the right plan involves balancing the complexity of your resource management needs with the budget your organization can allocate to such software. Consider not only the current size and scope of your operations, but also future growth and potential scalability needs.

Resource Management Software Frequently Asked Questions

Here are a few popular questions that other people ask about this topic.

What are the Benefits of Enterprise Resource Management Software?

There are several benefits of ERP software systems. The solutions these tools provide can cover the needs of organizations within nearly every industry. Here are some of the significant benefits of implementing enterprise resource management software in greater detail:

  • Improved Productivity and Experience: An enterprise resource management tool will typically use automation capabilities to reduce the time and effort in daily business tasks. This will result in your employees focusing more on the work that provides maximum value. Also, these tools can enhance training and onboarding employees simple and affordable because they only need to learn one program.
  • Enhanced Visibility: Enterprise resource management tools provide a complete vision and access to all vital business aspects. You’ll get instant access to data from every company department and obtain a real-time report on resource usage and work activity.
  • Faster Response Times: Enhanced speed and customer service quality provides your business with a significant competitive advantage and ensures customer loyalty. An enterprise resource management platform will help your front-line teams access customer information instantly.
  • Higher Business Efficiency: These tools will collect all your business data into a central platform and ensure better collaboration and efficiency. They also provide data quality by reducing errors and duplicate information. The built-in, interconnecting modules within the system increase data flow between your organization’s departments and keep everyone in the loop.
  • Better Decision-Making: The ability to perform deep data analysis allows the leadership team to make more accurate and effective decisions regarding the organization’s financial direction.

What are the Key Features of Enterprise Resource Management Software?

To better understand which enterprise resource management software option is best for your organization, understanding the key features of these tools is essential. The must-have features will differ from business to business, but the following features are typically in most enterprise resource management platforms:

  1. Cloud Functionality: With software-as-a-service, any solution you choose preferably has cloud functionality to ensure your business is flexible when it’s time to scale your IT infrastructure.
  2. Customer Relationship Management: Your software should have CRM capabilities or the ability to integrate with your current CRM systems to allow your teams the advantage of accessing customer information immediately.
  3. Accounting and Financial Management: An enterprise resource management tool should track all your finances, including any point-of-sale system, budgets and accounts payable, allowing your stakeholders to make effective decisions to maximize revenue. Definitely more robust than a simple general ledger.
  4. Project Management: The software you implement should help your business management of project costs, workflows, plans, and cost analysis via process automation that connects relevant project information.
  5. Supply Chain Management: This feature will enable your company to track data across different distributors, order processing, inventory and warehouse management, and automate all other processes related to your supply chain.
  6. Reporting: Enterprise resource management platforms should compile your business data to help teams identify issues, make effective decisions, and enhance processes. You can usually see reporting labeled as business intelligence.
  7. Automation Capabilities: This will simplify your organization’s repeatable processes and tasks to minimize the amount of manual work and errors while giving your team members time for more valuable and creative tasks.
  8. Data Analysis: Your platform should enable your team members to gather various types of information, manipulate it, and derive actionable insights from it.
  9. Human Resources Management: This feature will provide your organization with human capital management capabilities for current employees and helps during the hiring and onboarding processes for new team members.
  10. Sales and Marketing Tools: Typically, your enterprise resource management platform will support your sales and marketing processes in several ways, including identifying purchasing patterns, marketing campaign performance, and sales goal progress.

What Other Project Management Software Should I Use?

There is other project management software you can use within your business to make your work more efficient. Some focus on more broad aspects of management, while others focus on more specific types of management, such as resource or portfolio management. Here are some tool lists to help you find other project management tools for your organization.

What is enterprise project management?

Enterprise project management (EPM) is the process of managing both multiple projects and complex projects within an organization. EPM often involves coordination among different departments and project teams, ensuring that each project stays on track and meets its objectives. While each project may be different, they all have an impact on the same organization.

Learn more about this topic and 10 tips on how to manage enterprise projects.

How much is the ERP market worth?

According to a recent report by Astute Analytics, the North American ERP market is expected to surpass US$63,172 million by 2031. The main reason behind its expected rapid growth is the fact that companies are investing in digital transformation that involves ERP software and access to real-time information.

What’s Next?

This list of enterprise resource management software is only the first step in selecting the right platform for your business. I understand it can be hard to select a tool at this level. Therefore, I recommend you try our tool finder. You just need to complete a form and can access free advice on what is best for you.

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Galen Low
By Galen Low

Galen is a digital project manager with over 10 years of experience shaping and delivering human-centered digital transformation initiatives in government, healthcare, transit, and retail. He is a digital project management nerd, a cultivator of highly collaborative teams, and an impulsive sharer of knowledge. He's also the co-founder of The Digital Project Manager and host of The DPM Podcast.