By 2026, the global ERP software market is projected to reach $73 billion, with cloud-based systems driving this growth. Businesses are rapidly shifting to cloud ERP solutions for their flexibility, scalability, and efficiency.

A cloud-based ERP (Enterprise Resource Planning) system centralizes critical business functions such as human resources, accounting, inventory, and order management. It enables businesses to streamline operations and manage everything remotely with ease.

In this guide, we’ll explore cloud ERP solutions in detail to help you find the right fit for your business.

What Is a Cloud-Based ERP?

A normal or traditional ERP system needs expensive hardware and system installations. These systems are mostly installed and maintained on the organization’s facilities servers.

The normal ERP system setup requires the purchase of high-performance servers, networking equipment, storage devices, and backup systems. Moreover, you need a data center to collect and store data.

On the other hand, A cloud-based ERP system helps businesses manage core activities using just the Internet. You can manage it anytime, anywhere, using just an internet connection.

This solution is quick to set up and cost-effective as everything is handled online. You just need to invest in the monthly or yearly subscription and everything will be taken care of.

Also read: Why Your ERP Should Be Cloud and on WordPress

Why Is Cloud ERP Better?

One thing is for sure, we create or use tools to improve working processes and get excellent results. Non-cloud-based ERP systems require a large amount of investment and ongoing maintenance costs. But if you go for a cloud ERP system, you get several advantages making a smarter choice for your business.

Cost Efficient: Since Cloud-ERP usually comes with a monthly or yearly subscription, you can save a lot as you don’t have to go for hardware and system setup. You don’t need to purchase hardware, servers, or software licenses. All you have to do is purchase a subscription and access your account from anywhere around the world. 

Faster Deployment: One of the best parts of Cloud ERP is that you can get started right away. Once you purchase an account, you can immediately set up your company details and start implementing the ERP system. This reduces downtime and helps you start a business quickly.

Accessibility: If your company or business has remote teams or multiple business locations, Cloud ERP is the perfect choice. You can access your account to handle and manage all accounts from one place. All you need is an internet connection. 

Security: Since an online server operates everything, it ensures high security. Encryption and regular backups keep your data safe, protecting your business information.

Scalability: Cloud ERP grows along with your user number. Meaning it is flexible and easy to use even if you have millions of users. You can take care of all the transactions and data from your account.

Automatic Updates: Any software is responsible for automatically updating. This is the same for cloud ERPs. Every cloud ERP company is accountable for upgrading, adding new methods, and securing your data automatically.

Disadvantages of Cloud-Based ERP

Every coin has two sides. The same goes for Cloud ERP. While cloud ERPs offer many benefits, they may not be perfect for every situation. Here are some potential drawbacks you need to know:

• Rising Costs: Though the subscription is a monthly or yearly payment, it can add up over time. This might be a problem in the long term for small businesses.
• Internet Dependency: Cloud ERPs completely rely on internet access. So any disruption in internet connectivity can impact your ability to work. Whenever you work on the server, you need to make sure you have a proper internet connection without a break.
• Limited Customization: Since the cloud ERP systems are in control of the production company, you might have fewer customization options. You might not have a Whitelabel claim, internal changes to the server, etc.

Read more: SaaS ERP vs. Cloud ERP: Which One is the Right Choice

Best Cloud-Based ERP Solutions

The are so many cloud ERP systems available today. You can select based on features and pricing models that match your company’s criteria. Here is a list with details.

01. WP ERP (for WordPress)

WP ERP is not a cloud-based ERP by default. It can be labeled as a cloud-based ERP solution designed for WordPress. This means it runs on your own WordPress website instead of being hosted on a cloud-based infrastructure.

WP ERP runs seamlessly on cloud-hosted WordPress websites, giving businesses the flexibility to manage operations from anywhere. This ensures remote accessibility, scalability, and seamless integration with other required tools.

As the first all-in-one ERP plugin for WordPress, WP ERP is the ideal choice for WordPress users seeking a powerful ERP system. Whether you need to manage employees, customer relationships, or finances, WP ERP streamlines your processes and enhances efficiency.

Features

• HR Management: WP ERP helps you manage employees, departments, and designations easily. You can track attendance, leaves, holidays, and generate reports like headcount, salary distribution, and service years etc.
• CRM (Customer Relationship Management): If you want to grow your users, you must keep a healthy CRM software. WP ERP has a built CRM that helps you schedule meetings, calls, and create contact groups etc.
• Accounting: If you fail to track your company accountancy, then your company is likely to be doomed. That is why WP ERP holds the feature of managing the accounts of all of your employees. You can track income, expenses, invoices, and payments.

Pricing

WP ERP combines powerful features with simplicity. This is an ideal choice for businesses of any size. WP ERP Pro provides you with advanced business management features for just $9.99 per month. And if you want to add users, you have to pay $3.00 for each user. Also, you can add extensions based on your needs. 

02. Oracle NetSuite

Oracle NetSuite ERP is a cloud-based software solution used by many companies worldwide. It stands out for its flexibility, mobility, and capability to manage a wide range of business operations. The company holds products like – Field Service Management, Professional Service Automation, Analytics, Reporting, etc, and many more.

Features

• One Business Solution For All: Since Oracle NetSuite covers many business needs, including finance, supply chain, procurement, and more, it is popular worldwide. Companies in various industries like healthcare, finance, IT, campus bookstores, and publishing use this. 
• Custom Dashboards: Any user can easily customize the dashboard and use it for various reasons. This is overwhelming as taste differs from person to person. 
• Integration: NetSuite can connect to thousands of other apps using integration with Zapier. You can connect to another tool making your working process much faster and smoother.

Pricing

The price varies depending on the service you receive. A website revealed the plan starts at $149 per user each month, with at least 5 users required. (Reference: GeeksforGeeks)

03. SAP S/4HANA

SAP S/4HANA is an advanced and complex ERP solution. It is designed for big industries that work in millions. Though the software is available in both cloud and on-premise versions, S/4HANA offers flexibility for organizations with different deployment needs.

Features

• High-Speed Performance: S/4HANA runs on the in-memory HANA database. This enables faster data processing, real-time analytics, and quick decision-making.
• Scalability: The platform offers over 500 extensions. This helps companies to work with mobility and flexibility.
• Comprehensive Business Support: S/4HANA is ideal for multinational companies as it supports complex business scenarios across industries. It provides tools for regulatory compliance and localization.
• Real-Time Analytics: With real-time analytics, S/4HANA is one of the leading companies. It provides detailed analytics that can be a turnover for your company.
• Advanced Integration: S/4HANA has the integration ability to connect seamlessly with other SAP products and third-party systems.

Pricing

SAP S/4HANA Cloud offers a starting price of $40 per user per month. This is the base price. The total cost will depend on the number of users and additional features or services your business requires.

04. Infor

Infor Cloud is designed to cater to a wide range of industries with a cloud-first approach. From industrial manufacturing, high tech & electronics to food & beverage, all the industries can use Infor Cloud. With a wide range of features and facilities, Infor rules is a great ERP solution.

Features

• Industry-Specific Solutions: One of the best parts of Infor cloud ERP solution is it delivers tailored solutions for different types of industries. This includes manufacturing, healthcare, retail, distribution, and more. Each suite is suitably designed and no need for extensive customization.
• Comprehensive Financials and Supply Chain: The system holds robust financial management tools and an advanced supply chain suite to manage procurement, inventory, and logistics effectively. 
• Integrated AI and Analytics: Infor analytics is integrated into the platform to enable predictive analytics, process automation, better data visualization, etc. Thus enhancing operational efficiency and strategic planning.
• Extensibility and Integration: The system offers flexible APIs and an extensible framework. This helps businesses to integrate with existing systems or third-party applications. 

Pricing

Infor Cloud ERP pricing starts at $10,000 per month per user. It is mainly tailored for medium to large enterprises with complex operational needs.

05. Odoo

Odoo ERP solution is known for its high customization capabilities. It offers a wide range of tools and applications, thus making it one of the most distinctive ERP platforms. Odoo gained recognition for being user-friendly and adaptable, with a free community version available.

Features

• Wide Range of Apps: Odoo has pre-built apps to handle different business tasks. Such as point-of-sale (PoS), time-off requests, expense reporting, digital marketing management, supply chain, and more.
• Customizability: The best part of this ERP system is you can customize the way you want. You can ask for specific apps in accordance with your needs.
• Third-Party App Marketplace: If you don’t find any of your needed apps or tasks, you can easily integrate it from the third-party app marketplace. 
• No-Code App Studio: Odoo offers a no-code app studio. Meaning if you want to create a customized app, you can do that and you need to have any coding knowledge.

Pricing

• One App Free Plan: You can use one Odoo app with unlimited users for free. 
• Standard Plan: The Standard Plan comes at $9.10 per user per month (US$11.20 including tax).
• Custom Plan: If you want a Custom Plan, you can get it at $13.60 per user per month (US$17.00 including tax). 

06. Acumatica

Acumatica Cloud ERP has the most simple dashboard. It does not contain any complex features. It has products like Order Management, Warehouse Mgmt System (WMS), Payroll, Reporting, Dashboards and BI, and more.

Features

• Simple Interface: The user interface is designed with easy navigation. Any new user can quickly adapt to the system with no training.
• Expense Management: This is a unique feature. It can convert images of receipts into expense reports. You don’t have to insert reports manually. This saves you a lot of time.
• Automation and AI: With AI-driven automation, you can create customized workflows. Moreover, you can set up sequences triggered by certain actions.
• Mobile Accessibility: Acumatica provides mobile accessibility so that you can manage from your mobile device. This makes task management much easier.
• System Integration: You can integrate Acumatica with other systems. This makes the software more versatile and effective for different business sectors.

Pricing

Acumatica’s can cost from $1,800 to $3,000 per month. The amount varies as it depends on the features and needs of your business.

07. ERPNext

If you are looking for a free tool, then ERPNext is next on our list. This open-source ERP software is designed to provide businesses with a comprehensive suite of tools for easily managing their operations.

It is mostly for small and medium businesses (SMBs) that are comfortable with some level of customization and IT setup. For educational and nonprofit organizations the cloud-hosted options start at $50/month.

Features

• Wide-Ranging ERP Tools: Like other ERP tools, ERPNext covers various business functions. It has products like CRM, HR, payroll, help desk, project management, inventory, and order management.
• Advanced Features: ERPNext has some standout features that cannot be overlooked. Like – multi-currency accounting, lead analysis, Gantt and Kanban views for project management,  automated invoicing, and hierarchical bill of materials for manufacturing.
• Native Integrations: ERPNext can be easily integrated with platforms like WooCommerce, Google Drive, Shopify, Amazon, and Stripe. This expands its functionality.

Pricing

• Small Business Plan: Starting from $50/month, this plan is perfect for small businesses that have around 50 employees. 
• Enterprise Plan: For larger organizations with more complex business processes, ERPNext offers customized plans.

08. Katana

Katana ERP system is built mostly for small and medium-sized businesses (SMBs) in the manufacturing industry. It was designed primarily for live inventory management and streamlining production workflows.

Though it is considered ERP software, Katana is also closely aligned with Material Requirements Planning (MRP) tools. This makes it an ideal choice for businesses that handle physical inventory.

Features

• Live Inventory Management: Katana is considered best for tracking inventory levels in real time. It automatically makes adjustments to the inventory depending on sales, production, or purchase orders.
• Production and Task Scheduling: It has built-in scheduling tools. This makes your working process much easier and faster. You can assign tasks, track progress, and complete tasks before dealing.
• Omnichannel Sales Order Management: This is a win-win feature. You can manage sales orders both from e-commerce platforms and physical stores. This makes sure your order is fulfilled.
• Automatic Stock Refactoring: Katana ERP is designed to adjust stock levels dynamically as orders are processed. This helps avoid collision, overstocking, or shortages.
• Time Tracking: If you want to grow rapidly, it is better to keep track of your employee hours and production times. Time tracking ensures product management efficiency and accountability.
• Open API and No-Code Customization: With Katana’s open API, customize workflows and synchronize data across platforms. For easy integration with no coding, you can build an app without technical expertise.

Pricing

• Starter Plan: The Starter plan is $179/month (billed annually) or $199/month (billed quarterly). It is great for small businesses.
• Standard Plan: If you have multiple inventory locations and advanced management needs then this plan is for you. You can pay $359/month (billed annually) or $399/month (billed quarterly).
• Professional Plan: For a highly customizable and robust solution choose a Professional plan. It will cost you $799/month (billed annually) or $899/month (billed quarterly).

09. Microsoft Dynamics 365

No doubt Microsoft has a well-established position in the software industry. And talking about the ERP solution, Microsoft Dynamics 365 is a powerful business management tool combining ERP and CRM in one system. Streamline your operations, automate the working process, and improve customer interactions.

Features

• ERP and CRM Integration: As Dynamics 365 connects ERP with CRM, this makes the working process much easier. You can monitor your work progress.
• AI-Powered Assistance: It has a built-in AI Copilot reducing repetitive tasks. It has features like AI-driven email creation, automated inventory ordering, intelligent work order management, and issue detection. These products save time and lessen human errors.
• Custom Workflows: Since every business workflow is different, you can create custom workflows that suit your business needs. You can automate almost every process from data entry to streamlining complex processes. 
• Advanced Reporting and Analytics: The more detailed analytical reports you get, the better your business grows. Dynamics offers tools that analyze data in detail and generate reports.
• Third-Party App Compatibility: You can integrate Zappier with Dynamics 365 to connect thousands of apps outside the Microsoft ecosystem.

Pricing

Microsoft Dynamics 365 cloud or infrastructure costs range approximately from $139 to $149 per month per user (including license). One-time implementation or upgrade costs can start from $1,000 to over $1,000,000, depending on the size of your business.

10. Sage Intacct

Sage Intacct is an accounting-first ERP solution. It does not have any complex functionalities. It is specifically designed to handle financial tasks for businesses of different sizes including accounting, payroll, bookkeeping, HR etc. While it excels in financial management, it does not perform well in other areas like sales, customer support, or logistics. You can use it for strong accounting software with some ERP functionalities.

Features

• Financial Reporting: Sage Intacct has excellent financial reporting tools. With 150 pre-built reports and customizable dashboards, it is one dynamic tool.
• General Ledger: It has an intelligent general ledger system that automatically integrates data across different reports.
• Third-Party Integrations: Sage Intacct can integrate with 350+ third-party applications. You can add tools like CRM, supply chain management, eCommerce, point-of-sale (PoS), and more. 

Pricing

The annual cost of Sage Intacct ranges from $10,000 to $30,000. This completely depends on business needs, the number of users, and the complexity of the organization.

How to Choose the Best Cloud ERP for Your Business?

Now every tool has similar features, products, and facilities. So the question arises, which one to choose? You can consider these key factors to find the right cloud ERP:

• Budget: Depending on how much you want to invest in a Cloud ERP system, you can shortlist the tools.
• Business Size: If you have a small business, choose a small pricing tool. And if you have a growing business, it is better to choose a higher plan.
• Features: Make a list of features that meet your criteria.
• Scalability: Choose a solution that will grow with your business. Thus you don’t have to switch between tools randomly.
• Integration: Choose an ERP system that integrates well with other tools. By this, you can integrate tools rather than dropping them completely.

Which Cloud-Based ERP is Best?

Each one of the tools is best in its own way. For flexibility and customization NetSuite and Odoo stand out. If your business relies on Microsoft tools, Dynamics 365 is a natural choice. 

If you are looking for a Cloud-based ERP for your WordPress site, WP ERP is the ultimate plugin to choose from. The plugin offers core modules for HRM (managing employee attendance, data, and leave), CRM (tracking customer interactions and nurturing leads), and Accounting (managing financial sheets, invoices, and reports). It also integrates with WooCommerce and other tools to grow your business.