The ERP needs of the mid-sized business market are completely different. They are different from small segments as they can no longer afford to be transnational in nature with their processes. Need tighter integration of the processes and systems. The inability of doing so might lead to growth and financial performance challenges.
But they don’t need systems that large companies would require. Not necessarily there in the journey to require the complexity that large companies would need. Would not have IT departments that can afford to build the last-mile functionality on top of the horizontal platforms. So their market segment and needs are very unique. However, even in this segment, the lower segment may have very different than the upper segment. In some industries, the lower segment might be up to $200 million in revenue, and they might behave like a small segment. The same goes for the large segment, depending upon the industry, the needs could vary. So which are ERP system ideal for a mid-sized business segment?
We have analyzed the top 10 ERP systems for mid-sized businesses based on several criteria, including their market share for mid-sized businesses, the alignment of acquisition strategy for the mid-sized businesses market, the strength of their communities with mid-sized businesses, the depth of the cloud-nativeness of the solution, and much more.
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Resources and Links
Read More:
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Download our 2023 digital transformation report:
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Download our ERP Selection Requirements Matrix:
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Download ERP Systems Scorecard Sheet:
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Download the ERP Selection Guide:
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Insights on ElevatIQ:
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WBSRocks Podcast:
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If you have any questions or comments about how to navigate the complex ERP system, don’t hesitate to leave a comment on this video or drop us a line at hello@elevatiq.com.
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