Top 10 Opensource ERP Solutions for Effective Business Management

Post-recession, companies have come to realize that minimizing their IT related expenses can help them reduce their overall business expenditure and enhance their profits further. With an Opensource ERP solution, businesses can scale down their information technology-related expenses and enhance their profits and income level. Given that implementing an ERP solution is expensive, time-consuming and requires a great deal of efforts for customizations, things only get difficult for an organization. With the Opensource ERP software, organizations can reduce their costs significantly and enjoy greater flexibility, which is precisely why more and more businesses are opting for Open Source ERP to meet their growing business demands and challenges. Read on to find out more about 10 Opensource ERP Solutions that can help organizations of all scales and sizes in meeting their business needs with ease.

1. Compiere: This ERP solution combines a number of leading integrated and advanced business functions. The software has been designed in innovatively to avoid information duplication and offer synchronization. Its unique design allows the software to customize applications easily. Some of the modules that are packed in this solution include, Requisition to Pay, Warehouse Management, Customer relationship management, Partner Relations Management, Double-entry book-keeping, Web store, Workflow management, Supply Chain management and Quote to Cash among others.

2. Openbravo: It is the perfect ERP solution for small and medium business enterprises. It offers the complete status of an organization including inventory, customer information, workflow related information and order tracking information. It comes with plenty of features and is easy to configure and offers a number of functionalities.

3. OpenERP: This particular software has been developed to help enterprises meet their process related requirements. It integrates hr, accounting, CRM, stock, sales, services management, marketing campaign, project management, stock production and purchase related processes. The software provides around three hundred and fifty modules and offers financial accounting, sales and purchase management, management accounting and Human Resource Management among other advantages.

4. xTuple: This ERP solution has been designed using the open source PostgreSQL database as well as open source Qt framework for C++. It integrates accounting, CRM, inventory management, sales, purchases and other business processes.

5. JFire: This is flexible and comprehensive ERP software, which has been designed to cater to the requirements of organizations of all scales and sizes. The software provides strong reporting, customization and analysis related options, which helps businesses operate efficiently and smoothly.

6. Apache OFBiz: This ERP solution offers a comprehensive range of business applications that helps in integrating and automating different business processes of an organization. It offers a number of functionalities including asset maintenance, product and catalog management, accounting, manufacturing, order processing and inventory management among others.

7. Opentaps: This is an Opensource solution that offers advanced architecture, which comes with a complete range of CRM and ERP solutions. The software also comes with inbuilt business intelligence and mobile connectivity tools that simplifies business processes and improves operational efficiency.

8. ERP5: It is a strong developer community that provides strong ERP solutions for small-sized businesses. This solution is loaded with features such as CRM, supply chain management, production management, product design management human resources, e-commerce, and accounting. It is a web based program, which can be utilized and configured for administrators and users via a browser.

9. WebERP: This software has been designed to cater to the needs of the small and mid-sized companies. It comes with features that are apt for whole selling and distribution businesses. Some of the features of the software include manufacturing, inventory management, purchase orders, sales analysis, accounts payable and accounts receivable etc.

10. ADempiere: Adempiere is comprehensive ERP solution, which combines functionalities such as SCM, CRM and ERP for various business processes. This software offers a complete framework for customizing and extending so that businesses find it easier to meet all their process related requirements. It has been designed using the J2EE technology.