SAP ERP to be Listed as a top ERP System on 360Quadrants

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SAP ERP to be Listed as a top ERP System on 360Quadrants

June 08
08:18 2020
360Quadrants covers 50+ ERP Systems and will place the top 25 of them in a quadrant based on their quality, reliability, and business outcome. These 20 Plus products will be categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging.

SAP ERP is selected for analysis along with 50+ other ERP systems that will be evaluated and then listed as the top ERP Systems on 360Quadrants. SAP ERP system is an on-premise enterprise resource planning (ERP) system that simplifies and standardizes different functions in an enterprise, including HR, finance, sales, manufacturing, and procurement. SAP ERP system caters to organizations operating in 25 industry verticals and is available in 37 languages with 45 localizations, making it one of the most-used ERP solutions across enterprises.

SAP ERP helps reduce errors and improve productivity in the core processes of an organization through automation. It acts as a single source of information for enterprise-wide resources and helps stakeholders make better decisions using real-time data. SAP ERP provides complete support to the procurement &manufacturing process, thus bringing down costs. SAP ERP handles order management—from the placement of the order to the receipt of the payment from the customers. It reduces the efforts and time involved in routine administrative tasks. SAP ERP also manages core HR services—such as payroll, attendance, and time management—and monitors the efforts put in by individual employees towards the overall objective. SAP ERP pricing can be found on 360Quadrants.

360Quadrants, the most granular comparison platform, is working on releasing a quadrant ERP system to help businesses make quicker and more informed decisions. 360Quadrants combines inputs from various industry experts, buyers, and vendors, and conducts extensive secondary research inclusive of annual reports, company press releases, investor presentations, white papers, and various directories and databases in order to rate the companies in every quadrant.

360Quadrants covers 50+ ERP Systems and will place the top 25 of them in a quadrant based on their quality, reliability, and business outcome. These 25 products will be categorized as Visionary LeadersInnovatorsDynamic Differentiators, and Emerging.

Along with listing SAP ERP System, 360Quadrants has worked on Axis ERP, Dynasty, Encompass, Microsoft Dynamics NAV, NetSuite ERP Systems, Odoo, and Tally, among others, as the top vendors in the ERP Systems market. The platform will also provide the most granular ERP Systems comparisons between vendors.

An ERP system is a software application that manages and streamlines different sets of processes across an enterprise and provides a centralized place from where all data and insights can be accessed. Some of the key processes that an ERP system operates to standardize include finance, HR, manufacturing, and supply chain. An ERP system helps management monitor business processes and make data-driven decisions easily. An ERP system can be deployed in several ways—it can be cloud-based, on-premise, SaaS-based, or hybrid. ERP systems automate routine processes and provide smart insights to enable key stakeholders to view the bigger picture.


360Quadrants Scoring Methodology

Top Companies in the ERP System market will be rated using the following methodology:

  1. A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors).
  2. A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity.
  3. Criteria under Product Maturity include breadth and depth of product/service offeringproduct features and functionalities, product differentiation, and their impact on customer value.
  4. Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.
  5. Approximately 90+ in-depth parameters will be considered for research into the ERP Systems market. These parameters will be updated every six months to ensure the latest developments are taken into consideration.
  6. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:
  7. Buyers
  8. Industry Experts
  9. 360Quadrants Analysts
  10. Vendors (Competitors)
  11. The inputs are analyzed, and a final rating is assigned to each vendor (competitor).
  12. After the finalization of ratings, each vendor is placed in the most relevant quadrant based on its score.

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.

360Quadrants will also be launching quadrants in fields like CRM Software, Social Media Analytics Software, Virtual Private Server Software, and Web Content Management Software.

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