There are different types of ERP systems:-
They are categorized as Industry specific ERP, Web-based or Cloud ERP, ERP for small businesses.
Industry specific ERP- This ERP is specially designed for the manufacturing and distribution industries. This ERP as been used for decades and by more than 70,000 industries. It has been specially used by large organisations and can be customized according to the customer’s needs.
Web-based or Cloud ERP- Web-based ERP, called as SaaS (Software as a Service) is now the new trend used by organisations to use ERP over the internet. The ERP software runs on a remote server which can be accessed anytime, anywhere and from any device with an active internet connection. It is best suited for small and medium sized industries.
ERP for small businesses- If small businesses need a solution for their sales and order management or for human resource then its no need to use the complete ERP solution then ERP for small business is an option. It provides solutions to your business that you can afford.