There are several ERP solutions for various business needs. They can be used individually or in combination.
On-Premise ERP Deployment
On-premise ERP systems involve installing the ERP system directly on the company's own servers. Companies have complete control over the processes as they are located on their premises. The costly part includes maintenance, updates, and security of such systems.
Cloud ERP
Cloud ERP systems are hosted on remote servers and accessed via the Internet. Cloud ERP systems offer better scalability, allowing businesses to easily adjust resources and features as needed without significant upfront investments in hardware. Typically, payment for this solution is made on a subscription basis. This approach is more reliable but less flexible, as any changes must go through considerable approvals.
Industry-Specific ERP
Industry-specific ERP systems are designed with the unique needs and requirements of specific industries in mind. These systems often include industry modules, functionalities, and best practices to address the complex challenges of the industry. The narrow specialization is very convenient to work with but requires constant individual adjustments.
Open Source ERP
An open-source ERP system provides users with access to the source code. This means that the company can customize, modify, or redistribute the ERP to better meet the company's needs. Implementing and maintaining open-source ERP systems may require more technical knowledge and resources but opens up a wide range of possibilities. Here, you can always choose a service that fits the existing budget.
Small Business ERP
These types of ERP systems aim to offer a balance between minor niche capabilities and providing core functionalities at a more affordable price. Typically, this involves a set of standard tasks that need to be implemented quickly without spending a lot of money. Such systems should be understandable to any user and work with any devices.
Tiered ERP
Tiered ERP systems offer different levels of functionality and scalability to meet the needs of businesses of various sizes and complexities. Companies can choose the level that best suits their current needs and budget, with the possibility of upgrading or customizing as their requirements evolve. This is a complex solution to configure and maintain, but sometimes only such a comprehensive approach is possible.