ERP or Enterprise Resource Planning is a software solution that supports and supervises all business processes. In other words, ERP is a basic need for every business enterprise. While in large enterprises and corporate houses, implementing an ERP system is a costly and time-consuming affair, the scenario with small and mid-size companies is completely different. Since implementing heavy ERP software is an expensive option, most of the small and middle-sized companies are opting for open source ERP development.
Open source ERP offers well-maintained functionality, which can support and help all internal business processes. Open source ERP solution is built with easy to understand and easy to use user interface for free. This is the reason why small and mid-size enterprises are going for this option. They can simply download the software and customize it according to their wants and needs. They also come with extensive documentation and support from skilled developers. Given below are the advantages of using Open Source ERP:
- There is no licensing fee
- Open Source ERP comes with rich features
- It is coupled with healthy data model
- It is supported by energetic development community
- Open Source ERP receives frequent updates and wide support
- It is scalable
- It has a flexible open architecture
- Its ownership cost is very low
Given below are the best open source ERP tools:
Openbravo: Openbravo is one of the most powerful open source ERP solutions that offers greater support from large partner network, especially from European countries. This solution offers a flashy modern user interface, which is the main USP of this system. The tool also offers a manufacturing module as an integral part of the ERP solution. It offers accounting, warehouse, management, sales, and Point Of Sale.
Compiere: Compiere is one of the most popular and established open source ERP solutions, with almost more than a million downloads. This ERP solution is supported by a strong network of developers and partners. For this reason, many consider this system as the future of ERP solution to take you and your enterprise to the next level. This solution supports Point Of Sales, warehouse management, accounting, project management, and E-commerce.
Adempire: Adempire is a spin-off project from Compiere. This ERP solution is built to take Compiere to new heights. Along with offering all features that Compiere does, this solution offers a free web-based user interface and a manufacturing module additionally.
Postbooks: Postbook is a sister project of OpenMFG, which is manufacturing-oriented software tool. It offers accounting, CRM solution, an integrated purchasing module, and warehouse management.
Opentaps: Opentaps is built on Apache OFBiz foundation. This all in all ERP solution offers CRM, Point of Sale, warehouse management, on-line store, and accounting at once. Opentaps is relatively new compared to other open source ERP solutions, but it already shows great potential to be a big player in the field and has a bright future.