Sage has multiple financial and ERP (Enterprise Resource Planning) products in its portfolio. Sage has such a powerful brand name that many Sage 50, 200 or even Sage X3 customers refer to the finance or ERP product they are using as, ‘Sage’. Sage also sometimes describes their ERP products as ‘Business Management’ systems. In this article, we will try to concisely answer the question – What is Sage ERP?
1. What is ERP?
ERP, or Enterprise Resource Planning, is the term generally given to an integrated suite of business applications. ERP software is a single system that allows organisations to manage business activities, including accounting, purchasing, manufacturing, supply chain, distribution, project management and compliance, to name a few.
Today’s ERP solutions allow a business, no matter what industry there are in, to manage their whole business, and manage supply chain streams downwards and upwards, as well as collaborate and communicate with customers through this system with the help of integrated applications.
2. Sage’s legacy ERP products
Like many other technology firms that have grown organically and through acquisition, Sage has several legacy products in its portfolio. The most recent Sage ERP products which are becoming end-of-life soon are Sage 500 and Sage 1000. Unfortunately, if a product is set to end-of-life the only way for a company to ensure that its ERP system supports business growth, compliance and continuity is to look at replacing its current system.
Read our guide ‘Have you outgrown your current Sage solution?
3. Current Sage ERP products
Sage has some products in its portfolio that it deems to be ERP or Business Management Systems, such as Sage 100, Sage 200, Sage 300 and Sage X3.
Each of these products has its benefits. Their suitability for your organisation depends on several criteria including your requirements, the size of your business, the industry you operate in, your budget and the number of users.
There is no simple comparison tool available to help you determine which product is right for you, but below we have set out some of the benefits of the Sage X3 ERP system over other Sage systems.
4. Why should I choose Sage X3 ERP over other Sage systems?
Sage X3 is a flexible and fully integrated ERP system, available on-premises or in the cloud. If any of the following characteristics apply to your business, Sage X3 may be the right ERP system for your organisation:
- You operate across multiple offices, sites and/or countries
- You have complex business processes
- You need to manage multiple legislations, companies and perhaps even languages
- You need to manage multiple currencies
- You require ledger consolidations, eliminations and advanced reporting and analysis
- You want to manage everything from a single system
Check out our recent ‘9 telltale signs you’ve outgrown your Sage solution’ article for more information.
5. Which industries does Sage X3 support?
The industries that Sage X3 is well-suited to include:
- Manufacturing: Sage X3 provides manufacturing companies with tools to manage their production processes, inventory, and supply chain. It offers features such as bill of materials (BOM), work order management, quality control and traceability.
- Distribution/wholesale: Sage X3 helps distribution companies manage their inventory, orders and logistics. It offers warehouse management, order processing, shipping and returns management features.
- Services: Sage X3 supports service-based businesses such as professional services firms, non-profits, and government agencies. It offers features such as project management, time and expense tracking and financial management.
- Other industries that Sage X3 supports include defence, chemicals, pharmaceuticals, and telecoms.
Working with the right Sage ERP partner
The success of your Sage X3 system depends not only on the system that is right for your company but also on finding the right partner who understands your business.
At Inixion, we will work solely with Sage X3 in the UK and USA and in partnership with you to ensure that we understand how you currently manage your business processes and which business-critical systems Sage X3 needs to integrate with. We then translate that into how Sage X3 can manage these processes; an ideal opportunity to look for new productivity gains and efficiencies.
We have zero failed Sage X3 implementations to date, so why not talk to us to discuss how we can help you achieve the many benefits that Sage X3 offers?
Get in touch today to talk about your requirements or check out the Sage X3 capabilities guide for more detailed information on Sage X3 functionality.