Choosing the most suitable ERP (Enterprise Resource Planning) system for Malaysia or any other location is largely determined by the prevailing factors which include but not limited to the definite requirements of a business, industry needs, budget, and scalability. Nevertheless, a few ERP systems are frequently used in Malaysia and become popular mainly because of their features, local support, and adaptability to different industries. Below is the list of frequently chosen ERP systems in Malaysia according to their popularity:
1. SAP ERP: This is an all-around leader in terms of comprehensive features and scalability for big enterprises and usually for multinational companies too. The best part about it is that it comes with numerous modules and one can customize it to meet the specific needs of the company.
2. Oracle ERP Cloud: This is a powerful cloud platform-based ERP solution that can be effectively utilized by businesses of all sizes. The substantial financial management, supply chain, and human capital management features are available to the customers.
3. Microsoft Dynamics 365: The basic idea of this ERP that it is known for its integration with other Microsoft products and services. It can operate in small and medium-sized business houses as well as it offers flexibility and scalability availability.
4. Sage 300 (formerly Sage ERP Accpac): Oftentimes, Sage 300 is used by small and medium-sized enterprises (SMEs) in Malaysia. In addition to that, it comes with features that significantly ease the financial and operational management tasks.
5. Infor ERP: Infor was designed to provide specific solutions to certain industries and is also for its easy-to-use interface and robust analytics capabilities. It is suitable for sectors like manufacturing and distribution.
6. Epicor ERP: Manufacturing and distribution companies tend to go for Epicor since they target mainly this industry. They supply all-around solutions which can be adapted to certain business processes.
7. Odoo: A free software and open-source ERP system that is being accepted by more and more people because of its flexibility and cost-saving nature. Additionally, it can be used for Small and Medium Enterprises (SMEs) and it has a variety of modules that can be adjusted concerning the user needs.
8. IFS Applications: IFS is more often than not in the construction, aerospace, and defense industries. This is because it has got a fantastic asset and project management capability.
While selecting an ERP system it is very crucial to make a proper evaluation of the needs, consider the sum of costs, analyze the potential local support and training that are delivered, but also, it may be a good idea to consult with an ERP implementation partner’s expertise to guarantee a successful deployment.