Identifying the ”top” ERP (Enterprise Resource Planning) system in Malaysia, or anywhere in the world, is highly reliant on diverse factors that include the precise needs of a business, industrial prerequisites, budgetary constraints, and extendability. Nevertheless, there are numerous ERP systems in Malaysia which remain highly-rated and widely favored due to their characteristics, localized support, and their ability to suit the Malaysian market. Here are the ERP systems that are frequently regarded as frontrunners in the Malaysian market:
1. SAP: SAP is an undisputed ERP solutions supplier and is a global leader in this sector that is also tailoring specific applications for different industries. As it is a reputed brand in Malaysia, it is often the choice for major corporations.
2. Oracle NetSuite: One of the famous cloud-based solution providers, Oracle NetSuite is adaptable to any type of business, from small to big. Financial management, CRM, and e-commerce, as well as access to a range of functionalities, are some of the things it offers.
3. Microsoft Dynamics 365: The ERP solution complements Microsoft other products perfectly thus, providing flexibility and scalability in the solutions of both small and large businesses.
4. Sage 300 (formerly Sage ERP Accpac): Sage 300 is sought after mostly the small and medium enterprises in Malaysia. It has an extra strong financial management module hence it can manage both financial and operational issues.
5. Infor: Infor is a provider of cloud-based industry-specific ERP solutions which companies can customize according to the needs of various manufacturing and distribution sectors.
6. Odoo: Being an open-source ERP system, Odoo is a system that allows much add-on apps and it is very cheap, hence, it becomes a very good choice for small and medium enterprises that seek flexibility.
7. IFS Applications: IFS Applications is well known for asset management and project management capabilities which are very strong. This makes IFS suitable for the manufacturing, construction, and aerospace industries.
8. Epicor: Epicor ERP brings manufacturing, distribution, retail, and service industries under one roof with an array of tools that enhance business development.
While selecting an ERP system, the key will be to through a complete needs assessment process, assess the total cost of ownership, as well as the amount of local support and training that is available. Local ERP consultants and vendors along with their engagement in the process can also be a good source of information and help to adjust it to the current Malaysian market.