What is the best ERP for a Startup?

[PraveenKumar]

There are ERPs for large enterprises and SMBs. What about Startups? Are there ERPs specifically targeted towards startups that want to grow exponentially?

[Hanuman007]

Yes, there are ERP solutions designed specifically for startups aiming for exponential growth. One option is SAP, which is often perceived as expensive, but it can actually be a cost-effective solution for startups with limited budgets. Many startups and small businesses assume that SAP is only for large enterprises, but it's flexible enough to scale as the business grows.

Starting with a robust ERP like SAP from the beginning has its advantages. As your business evolves, switching ERP systems can be costly and complex, especially when it comes to data migration. Transferring data between systems can not only be expensive but also risk losing critical information during the process. That's why adopting a scalable ERP early on can save both time and resources down the road, ensuring your business has a strong foundation to grow.

[Lacxis]

Nice, but can you list out such plans offered by SAP?

Also, are these plans domain specific and what plan is most effective for an electrical company startup?

[Hanuman007]

SAP Business Technology Platform (BTP), integrated with either SAP S/4HANA Cloud or SAP Business One, would be an ideal solution for your electrical company startup. This combination offers flexibility, affordability, and the ability to customize according to industry-specific needs, such as project management, material procurement, and energy efficiency.

While SAP is not domain-specific by design, its platforms are highly customizable, enabling you to tailor the tools and solutions to fit the unique requirements of your business. With SAP BTP, you can innovate and scale efficiently, leveraging advanced technologies like AI and IoT, giving your startup a competitive edge.

[StephanieMarley]

@PraveenKumar this site may interest you and you can request a demo. Enterprise Resource Planning (ERP) (sap.com) Best of luck.

[AusraG]

Hi!

Some basic questions to start with - how big is your company in people size, what process do you want to cover? Basic finance? Procurement and Inventory mng? People management? Do you provide services and need billing? Or basic ability to issue invoice is enough?

i would start woth SAP S/4Hana Public Cloud ERP. SAP for GROW offering - it is more simple, friendly licensing and scalable. Start with basic finance functions and then gradually add more functions, processes.