Top 10 Mid-sized Business ERP in 2022 | NetSuite Alternatives | Epicor Alternatives

Size is one of the most critical factors to identify the right solution and be successful with ERP implementation. While the opinions vary about the inflection points and how they impact a company’s need for ERP systems, there are four major groups, startup, small, mid-size, and large. The mid-size companies have revenue between $50 million - $1 billion. In fact, the mid-segment can further be segmented into two segments: 1) lower-mid and 2) upper mid.

The lower mid-segment has revenue between $50M-$250M whereas the upper mid-segment has revenue between $250M-$1B. These two segments require different levels of planning and have very different ERP needs. Unlike smaller companies, mid-size companies require more integration of their processes. They are getting their feet wet with planning and require the standardization of their processes and product mix.

They also have a much higher IT budget and experience with a team that has some experience in implementing large IT programs. In contrast with the large companies, the budget for mid-size companies is still limited and they can’t afford very expensive customizations or best-of-breed architecture. They need most of the functionality packaged as part of a couple of systems to meet their rudimentary planning needs.

The ERP systems designed for mid-market pre-package last-mile functionality. They might not be as mature with their planning and global financial capabilities. They might also not have as deep capabilities in managing global supply chain, global trade compliance, or financial workflows to meet the needs of larger companies.

So if you are responsible for evaluating an ERP system for a mid-sized business, you will discover hundreds of options. They all will appear similar in capabilities. They all will claim that they can do anything and everything. But make sure you are not buying the marketing hype printed on the marketing brochure. You need to go deeper and ensure that the functionality exists out-of-the-box.

So what are the factors you need to look at while reviewing ERP systems for mid-sized businesses? Are you simply looking at the feature sets? Do you need to pay attention to the size of the product? How about the technology and platform? That's exactly what we have discussed in this video.

We have analyzed the top 10 mid-sized business ERP systems based on several criteria, including their market share among mid-sized businesses, the alignment of acquisition strategy with the mid-sized businesses, the strength of their communities with mid-sized companies, and the depth of the cloud-nativeness of the solution, and much more.

Background Soundtrack: Away From You – Mauro Somm

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Resources and Links

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Top 10 Most Oversold ERP Systems in 2022 (video):

Top 10 ERP Vendors for 2022 (video):

Top 10 ERP Systems for 2022 (video):

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The purpose of this video is not to recommend or endorse any ERP systems, but this list will give an idea of the ERP systems that are likely to do well in 2022.

For you as a buyer, you should create a good requirement list including the as-is and to-be process model that will give you a good sense of your critical success factors to select the right mid-sized company ERP system. But it will also streamline your ERP implementation.

So if you are ready to start your journey for your ERP selection, hopefully, this list can provide a good start and perhaps some options that you may want to include with your evaluation.

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[FrederickDonatucci]

I love this video, how do you integrate industry specific solutions or needs with these mid-size (or even enterprise level solutions). One of the challenges in many industries is having to purchase a industry specific ERP for manufacturing, estimating, etc and then integrating back into a company wide ERP. Of course this expands the complexity, how do you usually address this complexity?