Most businesses that have moved beyond the startup phase are likely looking into acquiring enterprise resource planning (ERP) software. Whether you’re trying to get a handle on how your customer relationship management (CRM) efforts are impacting your bottom line, or if you’re tracking revenue from point-of-sale (POS) to research & development (R&D), ERP can be an asset to your company.
Although ERP is one of the older segments of the business software landscape, ERP vendors are consistently evolving to become more powerful, more affordable, and less complex. Mega-vendors such as Oracle and SAP have a major share of the ERP market, but newer companies are nudging their way into the space with Software-as-a-Service (SaaS) options that are changing the game. In this piece, we’ll examine the most important trends to expect from the ERP industry in 2017.