Introducing Infor ERP solutions

Infor CloudSuite Industrial

Infor is an ERP software provider in the top 5 largest, most prestigious and quality suppliers in the world. Infor is an American company founded in 2002, with more than 20 years of establishment and development in the field of providing management software solutions for businesses. Up to now, Infor has been present in 170 countries, used by many organizations with different industries from small to large scale. We are confident in providing Infor ERP solutions, we have more than 15 years of experience working and implementing Infor ERP systems for large and small customers in Vietnam. Below is a list of the 10 best ERP software companies in 2024 in the report of ElevatIQ:

01

NetSuite

NetSuite stands out as a leading ERP solution, driven by its success in multiple industries, strong ecosystem, trusted add-ons in the market, and comprehensive functionality. Unlike some of its competitors such as SAP S/4 HANA and Microsoft F&O, NetSuite excels in supporting a variety of business models. While NetSuite excels in multiple industries, it may not be the ideal choice for industrial distributors and manufacturers due to its limited pricing and item management capabilities. Its strengths lie in supporting lighter manufacturing and consumer products such as health and beauty, fashion, apparel, and CPG. With its strong financial capabilities and integrated HCM solution, NetSuite is well-suited for service-oriented industries, including smaller banks, credit unions, financial services, nonprofits, and the technology and media sectors.

02

Microsoft Dynamics 365 F&O

Microsoft Dynamics F&O is often the third choice for larger global accounts, after SAP S/4 HANA and Oracle Cloud ERP. Microsoft Dynamics boasts a significant advantage in having Microsoft software built-in, a unique benefit that many ERP systems do not have. However, it is important to ensure compatibility and technical feasibility when integrating these high-quality add-ons into your ERP architecture. Leveraging the Microsoft Dynamics ecosystem may require support from an independent ERP consulting firm due to the presence of unqualified ISVs and VARs.

03

Oracle ERP Cloud

Oracle ERP Cloud remains the top choice for large companies across a variety of industries, including media, telecommunications, construction, energy, oil and gas, and healthcare (after the Cerner acquisition). Oracle ERP Cloud is especially well-suited for organizations with significant in-house IT expertise that require integration of multiple proprietary and third-party software systems, such as patient claims management solutions or utility billing solutions. Oracle ERP Cloud is well-suited for global companies that use Oracle ERP Cloud as their corporate financial ledger while using other systems at the subsidiary level. Oracle ERP Cloud’s robust financial capabilities cater to companies that need ledger-level security and hierarchical financial reporting. Additionally, Oracle ERP Cloud seamlessly integrates a robust HCM solution with its native integrated EPM solution. While powerful for large enterprises, Oracle ERP Cloud is not ideal for SMB customers.

04

SAP S/4HANA

SAP S/4 HANA remains the top choice for large enterprises with global needs, its main competitor being Oracle. While alternatives like Unit 4, IFS or Deltek can handle the workloads for larger enterprises, they often lack the robust transaction and global compliance capabilities that SAP S/4 HANA offers. Additionally, SAP S/4 HANA excels in providing superior transaction processing capabilities that are purpose-built to streamline traceability for large and complex organizations. Furthermore, SAP S/4 HANA is an ideal choice for companies looking for the best architecture to suit the needs of specific functions. This architecture allows cores to operate across different ledgers, which is important for distributed companies. However, the cloud version is less complete than NetSuite as it may require third-party add-ons.

05

Microsoft Dynamics 365 Business Central

Designed for small and medium-sized businesses, Microsoft Dynamics 365 Business Central is a logical choice for growing companies that are outgrowing smaller ERP, MRP, and accounting systems like QuickBooks, Microsoft GP, Odoo, Katana, or Fulcrum. Compared to competitors like Netsuite, Sage Intacct, and Acumatica, MS Business Central offers a vibrant ecosystem of add-ons that cater to industry-specific needs. While the platform offers a wealth of solutions, it requires expertise in reviewing untested code from VARs and ISVs. A deep understanding of the architecture is essential to avoid conflicts between plugins, ensuring a smooth implementation.

06

Infor CloudSuite LN/M3

Infor is positioned for companies that go beyond ERP systems like Acumatica or NetSuite, which provide end-to-end capabilities for complex manufacturing and distribution operations. Infor LN/M3 offers a premium suite experience similar to SAP and Oracle, with best-in-class enterprise capabilities including PLM, WMS, WFM, BI, and a Supply Chain collaboration platform. Infor LN excels in distinct manufacturing verticals like Automotive, Aerospace, and High Tech. Infor M3 boasts extensive features tailored for process and apparel manufacturing, including industries like fashion, F&B, and chemicals. Both systems are capable of facilitating advanced global operations, especially for companies spanning multiple countries looking to optimize cost synergies globally. Infor ERP solution capabilities address global trade and compliance issues that are critical to international business operations.

07

Epicor Kinetic

Epicor Kinetic, a powerhouse for formalized manufacturing companies. Its unique data model and BOM structure combined with powerful inventory planning capabilities make Epicor ideal for industries such as metals, fasteners, fabrication, aerospace, automotive, and medical devices. Epicor Kinetic’s versatile data model addresses the complex planning needs of companies with a variety of business models, including manufacturing, distribution, and construction. Furthermore, its advanced features support WBS-centric processes, enabling efficient management of large manufacturing programs with centralized cost tracking. Epicor Kinetic boasts a sophisticated data model that outperforms ERP systems such as Acumatica or NetSuite. A successful implementation with Epicor Kinetic requires significant expertise in process and data coding. With a rigid revision model, companies with suboptimal SKU and BOM models may face challenges during implementation.

08

IFS

Similar to other mid-range ERP solutions such as Infor LN, QAD or Sage X3, IFS boasts extensive functionality that is tailored to companies with extensive asset and field service operations or a comprehensive ERP solution meticulously designed for asset-centric industries including telecommunications, energy, construction, MRO, aviation and IT field service.

09

Acumatica

Acumatica is a great choice for smaller companies that need an ERP or MRP system. However, companies that lack experienced CFOs, executives, or controllers who are adept at converting processes and data to ERP systems may encounter challenges with Acumatica. Founder-led companies in particular may find implementation demanding in terms of the complex skills required to convert manual processes. They may have difficulty adapting to Acumatica’s structured data model with complex business rules to enhance financial controls.

10

Odoo

Odoo caters to smaller companies transitioning from QuickBooks or Xero, streamlining operations from a variety of add-ons, spreadsheets, and apps. It provides basic transaction processing across multiple enterprise software portfolios, such as ERP, CRM, and HCM. Odoo is suitable for companies on a tight budget, especially those with in-house development teams, and can be challenging without the guidance of an experienced ERP consultant. While Odoo’s modular design allows for flexible app purchases and scalability, it lacks tight integration at the data model level. This limitation can be a concern for companies aiming for tight financial control at the data layer.

According to ElevatIQ, choosing an ERP system can be difficult, as there are so many variables. Digital transformation is important, but it is also important to ensure your job security, so it is not necessary to choose an ERP system based on popularity but not suitability. Instead, choose a structured approach related to your industry or market segment to determine the right solution.

See more solutions by industry

Retail Industry

Mechanical Production Industry

Furniture industry

Real estate and construction industry