What is the best alternative to SAP ERP?

Summary: There’s no doubt that SAP ERP Software is one of the best out there. It has all the important modules an organisation needs to finish business-critical tasks. But some companies, especially small and mid-sized companies, might feel the heat when it comes to paying for this software. This blog will discuss Sage X3 ERP Software, an industry-leading business management solution and why it’s gradually emerging as one of the best alternatives to SAP. 

” When manager of a company select an ERP package to implement, they are “buying into” the ERP vendor’s view of a certain industry’s best practices and relying on the system to support their efforts to embrace these practices.”    ~ Marianne Bradford 

What is the best alternative to SAP ERP ?

An Enterprise Resource Planning software is specially designed to perform:

1. Financial Management
2. Supply Chain Management
3. Inventory Management
4. Project Management
5. Customer Relationship Management
6. Sales and Marketing

And much more !

Although SAP ERP is helping thousands of companies to outstrip their competitors, it’s quite expensive for many organizations that need an affordable tool to run their business.

Sage X3 is one of the best alternatives to SAP as it contains crucial management modules that will automate your business at the most affordable costs. 

Which ERP is better than SAP?

Let’s discuss the modules of Sage X3 ERP software in detail and why it’s an excellent SAP alternative.

1. Gain better business insights

Sage X3 is one of the most popular alternatives to SAP ERP because of the following reasons:

1. Allows your team to get personalised information in real-time with live dashboards.
2. Monitor the performance of each business role and identify abnormalities in any process, if any.
3. Stay compliant with global and local data regulations such as General Data Protection Regulation (GDPR).
4. Manage risks by navigating up and down the audit trail.
5. Create consistent analytical models to help draw critical business insights from multiple sources and machines.
6. Develop easy-to-read reports, trigger alerts based on KPIs, and enhance team collaboration.

2. Thrive as a global business

The following points explain why Sage X3 ERP software is the best SAP alternative:

1. Ensure top-notch financial management by conducting operations in multiple currencies. Also, maintain multiple ledgers and fulfil multi-legislation formalities conveniently.
2. Quickly perform tax declarative processes.
3. Respond to customer queries better by building an agile organization across multiple business units spread across various geographies.
4. Ensure accurate forecasting and planning by maintaining one system of records across all business units globally.
5. Adhere to local banking formats and streamline international transactions.

3. Get a tailored experience

Sage X3 enterprise resource planning software can be customized based on your business needs. This software will help you work smarter, increase your business efficiency, and grow according to your business needs. 

1. Use powerful configuration capabilities to create personalized user experiences for your team. 
2. Configure Sage X3 the way you want to perform business-critical operations, from manufacturing and supply chain to sales and inventory management.
3. Use the best industry-leading tools to develop applications that you require.
4. You can choose to run Sage X3 ERP software either on-premise or in the cloud.

What can I use instead of SAP?

Yes. Sage X3 ERP is one of the best alternatives to SAP ERP. Read on to understand why:

1. Manage operations intuitively

1. Implement easy-to-use business applications tailored specifically for your business needs.
2. Manage all business functions such as finance & accounting, sales & marketing, inventory, warehouse & distribution, and maintain robust relationships with vendors, suppliers, distributors.
3. Gain better control of project profitability and improve cost management. 
4. Adapt to changing government regulations and compliance requirements quickly.
5. Take customer orders, monitor KPIs, and improve business productivity with intuitive mobile applications.

2. Generate better ROI 

1. Eliminate administrative burden by automating finance & accounting tasks like invoicing, processing orders, and managing journals.
2. Improve business efficiency by brainstorming and improving new business services.
3. Ensure faster response times and enable faster production cycles through the supply chain management and distribution module in the Sage X3 ERP system.
4. Sage has been developing software solutions in the cloud for a long time, and hence has better expertise in providing better cloud services.

Are there alternatives to ERP systems?

Yes. Industry-leading ERP software such as Sage X3 is an excellent alternative to the SAP ERP system. This section will describe the modules in Sage X3 ERP software and how they can help you improve your business efficiency, reduce administrative costs, and increase team collaboration.

1. Sales management Module

The sales management module of the Sage X3 ERP SaaS software will analyze win and lost deals, track KPIs, manage sales pipeline, inspect employee productivity, and observe prospect-to-customer ratio.

1. Determine the profiles that will easily convert into full-time paying customers.
2. Engage leads across numerous channels.
3. Estimate monthly & yearly profits from every deal.
4. Modify emails and scrutinize email performance according to prospect preferences. 
5. Allocate prospects to sales representative.
6. Customize the dashboard according to your needs.

2. Fixed assets Module

Sage X3 ERP Software will help you track and organize your organization’s tangible assets by asset tagging and barcoding.

1. Decrease the maintenance costs
2. Create and update records of lost, sold, or stolen fixed assets
3. Enjoy cloud capabilities and lessen dependence on spreadsheets
4. Recognize ghost assets
5. Estimate budgets and forecast spending and 
6. Troubleshoot errors 
7. Determine the probability of a tool/equipment breaking down through the predictive maintenance ability.

3. Inventory Management Module

You can make Supply Chain decisions regarding pricing, stock volume, and discontinued items with Sage X3 enterprise resource planning software. Moreover, you can restock your inventory, record order histories, and make intelligent purchasing decisions using data.

1. Inspect your warehouse workflow, replenishment policies, and confirm each activity is streamlined.
2. Optimize bin locations, order fulfilment performance, and ensure adequate replenishment levels.
3. Evaluate vendor quality based on material quality, past performance, and pricing.
4. Use business intelligence tools to identify what products customers are most likely to buy, allowing you to purchase those raw materials that are required to produce such products.
5. Align your sales prices with the profitability targets.
6. Scan our sales pipeline efficiently.

4. Business Intelligence

Sage X3 ERP software’s intelligence module provides real-time company data instantly through its dashboard. You can view & analyze profits, equipment usage, revenues, and key statistical information quickly & conveniently. Users can get a 360-degree view of the critical parameters directly impacting their job. This module also enables you to format data, create a query from scratch, and study the root causes and changing trends with a click of a button.

1. Examine reports in real-time without the need for specialized MS-Excel skills.
2. Explore data in depth using this industry-leading data visualization platform.
3. Arrange various parameters, such as timeframe and departments, while going through the reports.
4. Customize report templates according to your needs and easily store them in the repository for future approval & use.
5. Generate new reports using standard data tables.
6. Collect, sort, and drill down data using various data visualization templates.
7. Forward reports to a file or email through the automated report distribution feature.
8. Put security and permissions to ensure only authorized stakeholders can access and edit reports.
9. The drag-and-drop facility in the Excel add-in feature will allow you to create and edit financial statements.
10. Sage X3 ERP software’s business intelligence module provides you with pre-defined report layouts for balance sheets, income statements, and trial balances.

5. Field Service Management Module

This module optimizes the business’ processes, systems, equipment, and workers out in the field. It assists in gaining job status remotely, communicating and allocating new jobs to on-site workers, and collecting data using real-time analytics.

1. Integrate multiple work orders into a single invoice.
2. Issue different discounts to different customers.
3. Get access to essential customer details like accounts receivable and payable, service history, geographic location, and much more.
4. If a work order is cancelled, cancel service-related purchase orders (POs) automatically.
5. Manage conflicts, scrutinize the workload, and explore the technician’s availability using an easy-to-use dispatch board.
6. Create inventory transactions for vehicle maintenance and for restocking service vehicles. 

6. Accounts Payable (AP) Automation Module

This module will bring actionable AP insights into the boardroom with data filters, saved searches, and custom reports. As a result, you can track internal and external audits accurately. You can also do variance analysis and account reconciliation without examining the files.

1. No need to spend time searching across stashes of receipts and paper documents.
2. AP automation software contains Optical Character Recognition (OCR) to index scanned invoices that eliminates manual data entry.
3. Don’t worry about accounting errors like duplicate payments or overpayment.
4. Recognize inconsistencies and provide unhindered communication. 
5. Ensure invalid invoices are reported and flagged instantaneously.

Sage Software Solutions is a leading IT company with an array of advanced ERP Software solutions. Our proprietary products — Sage X3 and Sage 300 will help you cut your operational expenses, improve business productivity, increase operational efficiency, forge robust customer relationships, and strengthen association with vendors, suppliers, and distributors. So, if you are looking to reinforce your business fundamentals and emerge as an industry leader, then please schedule a call with one of our sales representatives.