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Top 10 ERP Software in Bangladesh

  • Post By: Sarah Jordan
  • Published: October 16, 2022
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For any business, using ERP software is no longer a choice; it has become a necessity. However, with many options available in the market, it becomes difficult to choose the best ERP for your business.

So if you are in between choosing a suitable ERP for your business, you're in luck. Because in this blog, we've outlined the top 10 ERP software in Bangladesh, their unique features, and necessary details.

What is ERP Software?

ERP stands for Enterprise Resource Planning. It is a comprehensive service for your company that contains various features and modules for various departments or even a single one.

The functionalities of this system allow you to increase your company's efficiency and profitability. The ERP system is a business process management system that collects and organizes data.

This software gives you comprehensive control over your company's resources and improves every department's functioning. You may connect all of them using ERP system software. It is far better to move between apps for different departments.

However, if your organization wants to reach this efficiency level, you must invest in a competent and well-known ERP system. Because of this investment, your business processes will become more transparent and understandable.

Read our article to learn the types of ERP Systems.

How Does ERP Work?

Using the features found in ERP software, many departments of your company can access different reports and KPIs. Your firm will run effectively, maintaining good quality and performance even if you use the least amount of resources.

The right reports and metrics from ERP system software give you a clear picture of how your resources, like labour, capital, staff, etc., are used.

It is now simple to optimize the use of resources or processes, which helps you increase the business's success. Now it's simple to spot procedures or areas that might not function well and could use extra care.

You can now find all the data in one place thanks to ERP, which also helps you save a significant amount of time. You can now spend more attention on other important areas of your company.

Key Features when Purchasing ERP Software in Bangladesh

When purchasing ERP software for your company, it is important to pay attention to its key features.

  1. ERP software works smoothly and efficiently with other systems.
  2. ERP software helps in the analysis, monitoring, and execution of all significant data-driven tasks.
  3. Every difficult process can be automated with the use of ERP. as payroll, billing, annual reporting, and so on.
  4. Automation systems help to reduce error rates through the use of ERP software.
  5. ERP software helps in analyzing all business operations and anticipating potential business decisions.
  6. In order to better understand the business performance throughout the duration of the year, ERP software creates real-time reports using Gantt charts, pie charts, and other visual presentations.
  7. Getting a complete customer service solution is now simpler, thanks to ERP software. You can quickly access any client information with this software thanks to its simple CRM system integration. Find out what the difference between CRM and ERP is in our article.
  8. Accounting solutions included in ERP software make it simpler to handle assets, taxes, and accounts payable for your business. Additionally, it is simple to modify with respect to various currencies and tax regulations.
  9. ERP software offers this cutting-edge technology that enables you to track your raw materials to final products and, at the same time, delivery level.

Characteristics of the Best ERP Software in Bangladesh

  1. Integration - Because of data silos, you will have inefficient performance, missed opportunities, and departments that work against each other. The fundamental and probably most essential feature of ERP is a consolidated view of critical financial, operational, and business data that can be delivered across the organization in near real-time.ERP systems enable firms to generate intelligence by translating data into reports and insights. These can be used to reallocate resources or to capitalize on new market opportunities.
  2. Automation - When using ERP, it is possible to automate repetitive corporate functions like payroll, order processing, invoicing, reporting, and more. This automation will speed up data entry, reduce errors, and save time for jobs that will ultimately give more value. The architecture of an ERP system ensures that all information is available to all company users. As a result, when a specific SKU becomes available, an inventory monitoring module may initiate a shipment and an invoice immediately. This increases revenue and improves customer happiness. This also helps you make decisions because you immediately get the most up-to-date data, including cash flow.
  3. Data analysis - Corporate executives' primary goal is always to use data effectively. One of the most important advantages of data analysis for employees is the ability to collect and transform a wide range of data into actionable insights. These insights can be used to uncover new business opportunities and innovative techniques to improve present operations, save costs, detect fraud, and deliver better customer service.
  4. Reporting - Executives value both improved reporting and better data utilization. ERP reporting elements collect data from all activities and compile it into reports that allow stakeholders to collect additional data, optimize business procedures, and identify concerns that could harm the organization. In reports, you can utilize charts, graphs, and dashboards, among other visual representations, to discover patterns and trends and improve your company's performance.
  5. Monitoring and visibility - ERP platforms must be able to track, surface, and materialize business metrics. You may easily accomplish this by offering broad access to near-real-time data, eliminating information silos, and providing reporting and analysis for all parts of your business.
  6. Accounting - Accounting capabilities in ERPs allow financial data to be tracked, archived, and analyzed. This system allows you to perform complex tasks. The time it takes to reconcile, and complete monthly financial statements is substantially shorter than before. It is the greatest option if your company wishes to shift to continuous month-end results.
  7. Finance management - The difficult work of financial management for your organization includes planning, organizing, and spending money most effectively. You must monitor and analyze financial data from all departments in order to make decisions.ERP accounting and financial management collect, analyze, and report essential business data to assist your finance team. ERP systems are critical for effective management in this situation.
  8. Customer Relationship Management - CRM features that are integrated with ERP systems add customer relationship data to the mix, broadening the business view. All client data is stored in an open, commonly used database. When a prospect reaches a certain point in the sales pipeline, these CRM solutions enable your company to automate follow-up activities.
  9. Sales and Marketing - ERP systems can quickly plan and execute promotions, lead creation, and customer involvement during the sales cycle, which is extremely beneficial to marketing teams. To create a better customer experience throughout the sales funnel, sales and marketing teams must collaborate. They must use ERP services to collaborate with colleagues in finance and operations.
  10. Human Resources (HR) - An ERP system's HR section is a complete personnel administration platform covering payroll, hiring, onboarding, compensation management, and timekeeping tasks. ERP-integrated HR software automates all complex HR activities, reducing errors while saving time and money.
  11. Supply Chain Management (SCM) - ERP systems monitor demand, inventory, production operations, logistics, and distribution for your company to offer information on the effectiveness of supply chain management (SCM). This improves the duties by automatically suggesting purchase orders, labor orders, and transfer orders across many sites.
  12. Manufacturing - ERP software helps with product planning, raw material procurement, factory monitoring, and forecasting. All of these things help to improve your manufacturing operations. ERP manufacturing systems improve your company's control and automation of essential inventory planning and forecasting decisions.

10 Best ERP Software in Bangladesh [Comparative Study]

The use of ERP software is nothing new in Bangladesh. While many other companies rely on foreign software, it eventually costs them a hefty amount.

On the other hand, many businesses require tailor-made ERPs that match their processes and operations. Hence, the demand for locally-made custom ERP software is on the rise.

Here, we've arranged a list of top ERP software companies in Bangladesh that benefit various business types, from textile and manufacturing to the IT industry. Go through the details and find the best ERP software in Bangladesh for your business.

1. Prism ERP

PRISM (Platform Ready & Integrated System for Multi-Dimensional) ERP is one of the best ERP software in Bangladesh. It's a web-based solution that can increase your business management productivity, improving operational effectiveness.

This ERP software contains core modules for business that will allow you to administer all your business activities from one place. Thus, you can reduce operational downtime.

With the help of its automated feature, your employees will be more productive. Overall, the ERP is easy to use and value for money.

Top Features:

  • Easy-to-use interface
  • Cloud-Based ERP
  • High-End Security
  • Cluster supported
  • Platform independent
  • Supports any database
  • Multi-dimensional business support

Areas of Expertise:

  • Warehouse management
  • Financial Management System
  • Supply Chain management
  • Sales & Distribution System
  • Human Capital Management
  • Production Planning & Control
  • Productivity Management
  • Customer Relationship Management
  • Office Administration Management
  • Project System
  • Core System Components

Best for: Manufacturing, production Retail, IT, e-commerce, and NGOs of small to medium size.

Pricing: $5,000 ( one-time)

Free trial: Yes

Mobile App: Yes

Website: www.prismerp.net

2. XERP

X ERP

X (Extreme) ERP is another well-known business management system in Bangladesh. They offer ready-made ERP solutions for business automation.

It allows you to gather and store your business's information, making monitoring and supervising your business operation much easier.

XERP is considered the best garment ERP software in Bangladesh. Regardless, this ERP software is suitable for several industries. The outcome it provides says that it's a good investment.

Top Features

  • Easy-to-use interface design
  • Faster delivery
  • Supports a wide range of business
  • Industry-specific functionality

Areas of Expertise:

  • Supply Chain management
  • Project Management
  • Human Resource Management
  • Customer Relationship Management
  • Financial Management

Pricing: $10,000

Best for: Plastic, Food, Textiles, Big manufacturing, and production companies

Free trial: No

Mobile App: Yes ( On-demand)

Website: www.extreme-erp.com

3. Jibika Plexus

JibikaPlexus

Jibika Plexux is the best cloud-based HR and Payroll Management Software in Bangladesh. It is an excellent solution for your company's human resource and payroll tasks.

Using this online ERP software, you can easily complete all the payroll activities without errors. Moreover, you can perform several finance management tasks with this ERP.

In this system, you get an easy-to-manage general ledger. Furthermore, you can keep a record of the cash flow organized so you can quickly check anytime you need it.

The ERP also allows customizing the report management system, and you can generate reports of future operational costs, which is truly a helpful feature of this software.

Besides, the salary sheet comes with many compliances supports. The design of the software is user-friendly, so you will face no difficulty using this software.

Top Features

  • User-friendly mobile app
  • Salary sheet compliance
  • Attendance management
  • Unlimited business reports
  • Loan management
  • Overall HR & Payroll management
  • Asset management
  • Project management

Areas of Expertise:

  • HR & Payroll Solutions

Pricing: $148

Best for: Businesses and industries of all sizes who need HR & Payroll Solutions

Free trial: Yes

Mobile App: Yes

Website: www.jibikaplexus.com

4. Pridesys ERP

Pridesys-Logo

Pridesys is the leading ERP software provider for manufacturing, planning, and production industries such as Garments, textiles, and Apparel industry. Other than that, they also provide solutions related to HR & Payroll management systems. PrideVAT is an NBR-enlisted VAT software.

Other than this, you can also do the sales work and manage the inventory using ERPs like PridePOS and PrideCRM. Pricesys ERP is popular for being secure, accurate, and scalable. Therefore, as your business grows, you can upgrade the ERP according to your needs.

Top Features

  • Integrated database for all business processes
  • Enhanced business reporting
  • Real-time access to monitor and control
  • Dynamic and flexible planning board

Areas of Expertise:

  • eLearning solution
  • Cloud computing
  • Big data management
  • Financial management
  • Manufacturing and distribution management

Pricing: Flat Rate (Visit the website or contact the company)

Best for: RMG sectors, Textiles and Apparel Industries, Manufacturing and Trading Services, Health Services.

Free trial: Yes

Website: www.pridesys.com

5. Extreme Office

extreme

Extreme Office is one of the best human resource management (HRM) software providers in Bangladesh.

As it's cloud-based office management software, you won't have to worry about losing the important data of your business operation. And you can access the information anytime, anywhere.

Besides, the company also offers accounting and management software, HR and payroll system, Inventory management, and CRM software for businesses of all sizes.

Top Features

  • Up-to-date framework and technologies
  • Web-based real-time MRP Software
  • User-friendly and lightweight mobile responsive UI
  • Highly scalable database system
  • Supports systems for any size of users

Areas of Expertise:

  • HR & Payroll software
  • POS software
  • Accounting Software
  • Inventory Management Software
  • CRM software
  • School Management Software

Pricing: Contact the company

Best for: Small to mid-sized businesses from all industry

Free trial: Yes

Mobile app: Yes

Website:  www.extreme.com.bd

6. Zab ERP

Zap ERP is an NRB-approved tax software service provider in Bangladesh. If you want paperless business management, this is your go-to option.

However, businesses from many industries are using this ERP in Bangladesh, such as garments, manufacturing, HRM, business accounting, and many more.

Top Features

  • Web-based ERP software
  • Suitable for any business sizes
  • Integration support
  • Scalable features
  • Future support

Areas of Expertise:

  • Office management
  • Fixed Asset Management
  • Supply chain management
  • Purchase and procurement management
  • Payroll and Human Resource management
  • Customer relationship management

Pricing: (Visit the website or contact the company)

Best for: Real estate industry, hospitals and healthcare, hotels, garments industry, FMCG industry, general manufacturing industry, etc.

Free trial: No

Mobile App: Undefined

Website: www.zaberp.com

7. Smart ERP

Smart erp

This one is also an online ERP software developed by Smart Software Limited. They claim themselves as the best ERP software for trading, manufacturing, and service companies.

Using Smart ERP, businesses can automate major operational activities, including accounts and finance management, inventory management, HR, and payroll management. Thus you can easily integrate any data and forward it to places without any hassle.

It also allows tracking the production process and keeping records of orders, debts, resources, inventory, etc. This software supports various currency system means that if you want to globalize your business, this ERP is a good option.

Moreover, it has a multi-location setting that will allow you to monitor the activities of more than one outlet at a time.

Top Features

  • Easy integration
  • Cloud-based ERP
  • Multi-location setting
  • Robust architecture
  • Latest framework and technology
  • Future maintenance and technical support

Areas of Expertise:

  • HRM Payroll Management Software
  • Garments ERP Software
  • Hospital Management System
  • POS Software
  • School Management Software
  • Business ERP software

Pricing: Visit the website and contact the company

Best for: Manufacturing, Product, and Service based small to medium business

Free trial: Demo available

Mobile App: Undefined

Website: www.smartsoftware.com.bd

8. Hisab ERP

Hisab

Hisab ERP is known as one of the best accounting and inventory management software in Bangladesh. This can be your option if you are mainly looking for accounting and inventory management software.

Also, it's a cloud-based ERP, another online software in Bangladesh on demand. With little effort, you can streamline accounting and inventory management tasks.

They also offer Human Resource Management, Customer Relationship Management, and Project management modules. This organized and secure software will let you manage your business without putting in much effort.

Top Features

  • 30 days free accounting software
  • Cloud-based ERP
  • Suitable for small and medium-sized business
  • Cashflow, invoicing, and expense tracking
  • Powerful Reporting
  • Smooth transfer system
  • Multiple currency solution

Areas of Expertise:

  • Accounts management
  • Inventory management
  • Customer relationship management
  • Project management
  • Human resource management

Best for: Small to medium businesses from any industry

Pricing: $900

Free trial: Yes ( Up to 30 Days)

Mobile App: Undefined

Website: www.hisab.software

9. Desh ERP

deshsoft

This is another well-known accounting and inventory management software for businesses. With this software, you can automate every task related to these sectors. Nonetheless, they offer extra features. You can manage the sales and purchase too.

Also, there're features for manufacturing business. And you can record data for payroll. With all these features, you can accelerate many time-consuming business processes.

Using this software will get an unlimited user license, saving the cost of regular renewal.

Additionally, there's customization available. So you can set up the features according to your requirements.

Top Features

  • High-end development platform and frameworks
  • Dedicated customer support and service team
  • Multi-layered quality control approach
  • High database security
  • Smooth and flawless operation

Areas of Expertise:

  • Education and enterprise portals
  • Content and document management
  • Work Order and facility management
  • Business intelligence and dashboard
  • Accounting management
  • Inventory management
  • Purchase and sales management
  • Payroll management

Best for: Small to mid-sized businesses from any industry

Pricing: (Check the website and contact the company)

Free trial: Demo available

Mobile App: Undefined

Website: www.deshsoft.com

10. ERP.COM.BD

ERP

ERP.COM.BD is one of the leading ERP software providers in Bangladesh, with over a decade of experience. They've thoroughly considered the obstacles in the manual business operation. That way, they've created an efficient ERP solution to carry out all of the daily operations of your business with many features that'll make the work process swift.

All the features are created to make your time-consuming and difficult tasks easier to accomplish. Also, you can prevent an error in the process and carry on the operation without any setbacks. They ensure the use of their ERP with a user-friendly design.

Top Features

  • Inexpensive and highly secure
  • All-in-one cloud-based ERP solutions
  • Amazing expert teams
  • ERP solution for any business industry
  • Easy forecasting and reporting
  • High Mobility and flexibility

Areas of Expertise:

  • Human resource management software
  • Accounting and inventory management software
  • Garments ERP
  • Point of sales (POS) software

Best for: Corporate, manufacturing, garments, and construction industry

Pricing: (Visit the website and contact the company)

Free trial: Demo available

Mobile App: No

Website: www.erp.com.bd/web

Final Verdict

ERP software makes your entire business operation faster, easier, and error-free. That's the way you want your business operation to be. Otherwise, it isn't easy to complete the tasks on time. Also, there'll be a lesser cost for your business operation.

We've outlined some of the best ERP software in Bangladesh. These solutions are widely used in Bangladesh and have served international clients.

Gladly, you now get an ERP from your own country at a lower price. And we hope this discussion helps your find the best ERP software in Bangladesh.

Read our article to learn more about ERP software price in Bangladesh.

FAQs

Have further questions? See the following questions that we've answered regarding ERP software in Bangladesh.

Why is ERP Software Used in Bangladesh?

Bangladesh is a country with more than $305 billion in GDP, and more businesses are launching. Just like the rest of the world, Bangladesh has also begun utilizing ERP software to run businesses.

We also need to adapt to the increasing pace of the global market. These are some of the leading reasons most businesses use an ERP system in Bangladesh.

What Are Examples of ERP Software?

There are many ERP software made in different parts of the world. This industry has also become highly competitive.

Some ERP software examples in Bangladesh are– Prism ERP, XERP, Jibika ERP, Extreme Office, Zab ERP, Smart ERP, Hisab ERP, Desh ERP, and  ERP.COM.BD

Which ERP Tool is Best?

While choosing an ERP, you need to keep in mind that the best ERP is the one that fits your business's needs. We've analyzed a total of 10 best ERP tools in Bangladesh. All of them are pretty effective for specific sectors with their unique features.

For example, Prism ERP is suitable for small to medium manufacturing businesses, technology, e-commerce, and NGOs. This way, each ERP system created in Bangladesh has its specialty.

What Are the Five 5 ERP Modules?

Among many others, the 5 most important functional modules for an ERP are– 1. Financial Management 2. Inventory Management 3. Marketing Management 4. Customer Relationship Management 5. Human Resource Management.

What is the ERP Software Price in Bangladesh?

Generally, the price range for a good ERP starts from 5 lakhs ($0.5 million). It will go as high as 20 lakhs (2 million) or more. Depending on the modules you need for your business and the company you choose to get an ERP, the price range will vary widely. You might find a cheaper option, but if you want reliable ERP software, going for a less expensive option is not ideal.

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