ERP for Project Management
ERP systems can boost productivity and efficiencies for project management based companies.
At ERP Research we provide independent advice and analysis for top project management ERP systems, helping you find the best software, faster.
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Best ERP for Project Management
Project management ERP software benefits organizations by integration projects with other key business functions such as finance, human resources, billing and more. Here are some of the best project management ERP software solutions:
Microsoft Dynamics Business Central
Microsoft Dynamics 365 Business Central is an ERP system for projects used by small and medium sized project based businesses such as architecture firms, consultancies and legal firms around the world.
SAP Business ByDesign
SAP Business ByDesign is a Cloud ERP solution that serves as a stable solution with over 30 out of the box processes for project focussed organisations including IT consultancies, managed service providers, engineering companies and more.
Oracle Netsuite
Netsuite is an integrated ERP system for project management focussed companies that need integrated sales, marketing, projects, human resources, finance and more. Netsuite ERP for project management is one of the best Cloud ERP solutions available.
Odoo
Odoo is an open source ERP software for project management, offering a suite of integrated tools.
SAP Business One
SAP Business One has developed many projects specific add-ons for various project management sub-verticals. SAP Business One is a strong ERP for project management if you are running a small business, SMB or SME.
Infor CloudSuite Industrial (Syteline)
Infor CSI is a popular ERP solution for small and medium sized manufacturing companies in discrete and process manufacturing industries. See how Infor compares.
SAP S/4 HANA
SAP S/4 HANA for many is the gold standard ERP solution for project management critical companies across multiple industries including professional services, engineering and more. The ERP solution offers strong project management capabilities.
Microsoft Dynamics 365
Microsoft Dynamics 365 has become extremely popular with project focussed organizations that need a greater degree of flexibility in their ERP system. Microsoft has also heavily invested in AI & ML capabilities to improve automation and efficiencies.
Oracle ERP Cloud
Oracle ERP Cloud is a popular ERP solution amongst engineering and projects focussed businesses owing to their highly successful project management solutions and capabilities that are well suited to large capital expenditure projects.
Cloud-based Project Management ERP
Many organisations need Cloud ERP for project management as they don't want to maintain servers and legacy IT operations. Here are some of the best Cloud-based project management ERP systems:
SAP S/4 HANA
SAP S/4 HANA for many is the gold standard ERP solution for project management critical companies across multiple industries including professional services, engineering and more. The ERP solution offers strong project management capabilities.
Microsoft Dynamics 365
Microsoft Dynamics 365 has become extremely popular with project focussed organizations that need a greater degree of flexibility in their ERP system. Microsoft has also heavily invested in AI & ML capabilities to improve automation and efficiencies.
IFS Applications
IFS is a popular Cloud ERP for companies seeking a cloud based ERP solution for project management and other people and asset based industries.
SAP Business ByDesign
SAP Business ByDesign is a Cloud ERP solution that serves as a stable solution with over 30 out of the box processes for project focussed organisations including IT consultancies, managed service providers, engineering companies and more.
Oracle Netsuite
Netsuite is an integrated ERP system for project management focussed companies that need integrated sales, marketing, projects, human resources, finance and more. Netsuite ERP for project management is one of the best Cloud ERP solutions available.
Oracle ERP Cloud
Oracle ERP Cloud is a popular ERP solution amongst engineering and projects focussed businesses owing to their highly successful project management solutions and capabilities that are well suited to large capital expenditure projects.
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What is the best ERP for manufacturing in 2021?
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ERP for Project Management Modules & Functionality
The top ERP software for project based companies can include a variety of modules and functionalities that allow manufacturing companies to scale and be more efficient. We review some of the key functionality for the best project management ERP software below:
Accounting and Financials
Unify financials across your engineering firm to increase the financial control and identify issues proactively using an ERP system.
Purchasing
Ensure spend and budget compliance whilst maximising industries of scale and reducing lead times in your engineering ERP.
Production
Plan your supply chain and manage your manufacturing process in one wholistic ERP system including bill of materials management and kits.
Engineering Management
Modern ERP solutions include engineering or integration with best of breed PLM tools.
Inventory Management
ERP systems for manufacturing allow for real time insights into inventory levels across your organization to drive efficiency.
Asset Management
Manage business assets with ERP for engineering to easily capitalise and monitor your assets.
Reporting and dashboards
Develop a single view of your engineering business in order to increase transparency, decision-making and ultimately drive results.
Expenses Management
Automate expenses requisitions and approvals for your sales team or engineers within your ERP system.
Customer service
Review your customer service history and provide better cross-selling, up-selling and post-sale customer support to help deliver products more accurately.
Sales management
Track & plan sales pipeline, score leads, prospects and forecast opportunities in real-time across territories, accounts and teams.
Customisation
Flexible ERP software that's built on an open and extensible foundation, allowing you to choose the features that suit your business needs.
Mobility
Access your ERP data at any time so you're more available to customers and take advantage of unexpected opportunities as they surface.
Development tools
ERP software for the manufacturing industry features all of the tailored solutions an organization needs to design, build and document their projects faster.
Updates and maintenance
Backed by the consistency of market-leading vendors, ERP software regularly updates to ensure an optimal user experience.
Versatile deployments
Connects customers, partners, and employees through real-time digital relationships to improve the way you do business.
Unlimited support
ERP implementation is a longterm strategic partnership and vendors provide free unlimited technical support for clients.
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ERP for Project Management FAQ
What is project-based ERP?
Project based ERP systems are enterprise resource planning solutions which offer enhanced functionality for the management of projects and programme management.
These ERP softwares therefore typically include capabilities for project management, programme management plus integrated modules for financial management, human resources, sales, customer service and more.
ERP software for project management will typically offer specific project management related functionality such as work breakdown structures (WBS), expenses management, milestone tracking, GANTT charts, workflow management, portfolio management, resource management, milestone tracking, milestone billing, budgeting and tracking, approvals and more.
What is the best project-based ERP?
The best project based ERP systems include SAP S/4 HANA, Oracle Netsuite, Sage Intacct and Oracle ERP Cloud.
However, the best project based ERP for your business needs will largely depend on the size of your organization, your ERP requirements and several other factors.
Key Features of ERP for Project Management
ERP for project management typically delivers the following high-level capabilities:
- Integrated financial management and accounting, sales orders and CRM, project management, resource management and human resources alongside billing.
- Strong resource management with skills management, timesheets, mobile field service applications and human resources and expenses management.
- Project accounting, milestone billing, time and materials billing.
- Profitability and resource utilization analysis and reporting.
How much does ERP for Project Management cost?
ERP for project management can cost anywhere from $20 - 250 USD per user per month to purchase software licensing.
You will also need to implement the ERP solution which can cost anywhere from $20,000 to $2 million or more, depending on the size of your organization.
Other costs you should consider are internal change costs, training and adoption costs, integrations with other business applications and systems and more.
Project Management ERP Implementation
There are various approaches to implementing ERP for project management.
Some organizations choose to implement the solution all at once, also known as a big bang ERP implementation, whereas others while phase the implementation bit by bit.
For example, a phased rollout could operationalize your ERP system country by country, or module by module.
If you rolling out your project management ERP module by module, you may choose to impleme t
Find & Compare ERP Software for Project Management
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