ERPNext
3 Reviews 3.5/5 ★ ★ ★ ★ ★An open-source Enterprise Resource Planning software for small and medium-sized enterprises.
Product Overview
ERPNext is an open-source Enterprise Resource Planning software for small and medium-sized enterprises. Key features include accounting capabilities, asset management, and Customer Relationship Management (CRM) tools. ERPNext also offers support for manufacturing processes, point of sale operations, project management, procurement, sales, and warehouse management.Pros
- Open-source architecture
- Multilingual support
- Highly customizable
Cons
- Performance issues when handling large databases
- Dependency on community for customizations
- Limited reporting capabilities
Target Market
Companies with one to 500+ employees in the manufacturing, distribution, retail, trading, and service sectors.ERPNext is an open-source Enterprise Resource Planning (ERP) software that caters to the diverse needs of businesses across various industries.
ERPNext Benefits
- Ease-of-Access: ERPNext offers a user-friendly web-based interface, providing convenient access from anywhere with an internet connection. This accessibility ensures that business operations are efficiently managed.
- Canadian-Maintained: ERPNext is maintained in-house, eliminating the need for intermediaries when adding new features or resolving issues. Hosting on Canadian data centers with 24/7 maintenance ensures reliable access to the software on any device from anywhere at any time.
ERPNext Key Features:
- Accounting: Includes accounting features to manage financial transactions, ledgers, and reporting. It supports multi-currency and multi-company accounting, making it suitable for businesses with complex financial needs.
- Asset Management: Optimizes asset utilization, maintenance scheduling, and depreciation calculations.
- Customer Relationship Management (CRM): Streamlines customer interactions, tracks leads, manages sales opportunities, and enhances customer service with the CRM module.
- Human Resource Management (HRM): Offers a comprehensive HRM module for employee data management, leave and attendance tracking, payroll processing, and performance evaluations.
- Manufacturing: Manages manufacturing processes effectively with features such as bill of materials, production planning, work orders, and quality control.
- Point of Sale (POS): Handles retail sales seamlessly with the integrated POS module, which includes features like inventory management, barcode scanning, and payment processing.
- Project Management: Monitors and controls projects with project planning, task assignments, time tracking, and project documentation.
- Purchasing: Streamlines procurement processes with features for purchase requisitions, supplier management, purchase orders, and materials receipt.
- Sales Management: Offers lead tracking, order management, and invoicing for effective sales management.
- Warehouse Management System (WMS): Optimizes warehouse operations by efficiently managing inventory, order fulfillment, and stock movements.
ERPNext Target Market
- Non-industry specific
- Companies with 1-500+ employees
ERPNext Pricing
- ERPNext is 100% free and open source. They also offer support for self-hosted instances.
- Managed hosting starts at $50/month for the Small Business plan and is best for teams with around 50 employees.
- The managed hosting Enterprise plan is custom pricing and includes more advanced features like an account manager and large database support.
Product Overview
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User Reviews of ERPNext
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- Specialty Retail
- 1-10 employees
- Annual revenue $1M-$10M
Outstanding in its flexibility to customize
We were utilizing an antiquated proprietary system which began coming apart, pushing us into a search for new software. After an extensive review, we decided on ERPNext. The system is outstanding in its flexibility to customize to our specific needs as a cultivator/wholesaler and we see its ability to scale with us as we work to grow the business. With all that already as a stand-out choice, they also have an unbeatable price point.
- Internet Software & Services
- 11-50 employees
Overall experience had not been positive
Overall experience had not been positive. While the feature that the program can be customized to the environment need may seem good, the customization that is needed to tailor the program to be useful is high, which results in inefficiencies.
Cons
When accounting data is exported to Excel, the output format is text, ie $6,543.21 DR or $1,234.56 CR. To make the data useful, extra steps are required to change the text to a value, $6,543.21 or ($1,234.56) which is then useful. I haven't found that screen customizations can be saved. The program doesn't seem to be able to retain last cost values in a weighted average structure. When Inventory quantities/values are first imported to the program, these become historical data. As inventory changes, the program calculates the new values (as expected). If the inventory quantity goes to zero, then when new inventory is acquired, it calculates the cost based on the historical (first reported), not what the cost was the last time we had that item. Someone would then have to manually enter and ensure what the "new" historical value is. For an inventory intensive environment, there is variability in what the value of inventory is, depending on what selection criteria is used.
ERPNext Review
I am working on this software for more than 8 years and believe older shape is better than current shape but for sure current version is rich of functions
