10 best Magento ERP extensions to optimize your business
As your business grows, you must streamline processes to manage operational costs. Improved business systems reduce time costs by up to 9.6 hours weekly per employee.
Juggling multiple tasks, such as inventory management, order processing, and customer data handling, can be overwhelming and time-consuming, potentially causing human errors.
Enter enterprise resource planning (ERP) systems. These powerful tools seamlessly integrate with your Magento store, helping you optimize key business processes.
You can streamline procurement, automate order processing, control stock, synchronize data across multiple channels, and deliver exceptional customer experiences — all within the familiar Magento environment.
We’ve handpicked 10 leading Magento ERP platforms based on their features, user-friendliness, and use cases, helping you choose the right option for your online business.
Key points
- Magento ERP integrations automate business operations by linking Magento with ERP systems.
- Integrating Magento with an ERP tool improves eCommerce operations, customer experience, data accuracy, and decision-making, boosting profitability and scalability.
- Magento ERP integrations enable real-time order tracking, updates, and notifications, reducing support inquiries and fostering customer loyalty.
- Choosing the ideal Magento ERP integration involves defining business goals, researching available options, assessing customization and integration capabilities, and considering long-term costs.
Here’s what you’ll learn:
Is Magento an ERP system?
No, Magento is not an ERP system. It’s a feature-rich eCommerce solution that allows you to create and manage an online store.
However, it supports ERP systems via third-party integrations, providing additional features to help you streamline business operations. ERP systems integrate multiple business processes, including finance, inventory, manufacturing, and human resource management.
To better understand how Magento connects with these systems, let’s explore what Magento ERP means.
What is Magento ERP?
Magento ERP integrations are extensions that connect Magento eCommerce platforms with ERP systems. These integrations enable businesses to synchronize and automate various processes, including data handling, order processing, and inventory management.
They also ensure smoother communication between departments, eliminate manual data entry errors, and enhance productivity, helping you deliver seamless eCommerce experiences.
In the study we cited earlier, 92% of employees in a collaborative workplace considered their work valuable, compared to 50% in a less collaborative work environment.
So, how exactly does a Magento ERP system benefit your business?
Benefits of a Magento ERP integration
Integrating your Magento store with an ERP system offers several benefits to your business, helping you achieve your revenue goals. Let’s explore these upsides in detail.
Streamlined operations
Magento ERP integration streamlines business operations by centralizing data management.
For instance, inventory management becomes more efficient as ERP systems automatically update stock levels when orders are processed, reducing the risk of overselling or stockouts.
This synchronization prevents discrepancies between your online store and physical inventory, improving customer satisfaction.
Enhanced customer experience
A seamless integration between Magento and an ERP system enables customers and store admins to track and update orders in real time. This transparency enhances the overall shopping experience, fostering trust and loyalty.
Customers can receive notifications about order status changes, shipping updates, and delivery confirmations directly from the eCommerce platform, reducing support inquiries.
Data accuracy and integrity
Magento ERP integrations ensure data accuracy and integrity across various processes, such as order management, inventory tracking, and financial reporting.
For example, customer information entered during the checkout process in Magento automatically syncs with the ERP system, eliminating the need for manual data entry and minimizing the chances of data duplication or errors.
Improved profitability and decision-making
Magento ERP integration provides access to real-time data analytics, enabling you to make informed business decisions. With centralized data from the eCommerce platform and ERP system, you can effectively analyze sales trends, customer behavior, and inventory performance.
You can use integrated data to identify bestselling products, optimize pricing strategies, and accurately forecast demand, improving profitability and strategic decision-making.
Order fulfillment efficiency
Integrating Magento and an ERP system streamlines order processing and fulfillment workflows, improving operational efficiency. Orders placed on the Magento platform automatically sync with your ERP system, triggering fulfillment processes such as picking, packing, and shipping.
This automation reduces order processing time and minimizes the risk of errors associated with manual order management.
Business scalability and flexibility
Magento ERP integrations are flexible and scalable, accommodating business growth and evolving requirements. As your eCommerce store expands, the ERP system can easily adapt to high transaction volumes, additional product lines, or new sales channels.
You can seamlessly integrate new warehouses, suppliers, or sales channels into the existing Magento ERP ecosystem without significant operational disruptions.
So, what Magento ERP tools can deliver these benefits?
Best ERP integrations for Magento
Let’s explore the best Magento ERP integration platforms for different use cases.
Sage 300 ERP Integration by Netable
Netable’s Sage ERP Integration ensures seamless synchronization of Sage 300 data with your Magento 2 website, enhancing operational efficiency and scalability. This extension synchronizes stock item data, sales orders, and invoices in real time, minimizing data discrepancies for B2B and B2C websites.
Impressively, the platform is easy to set up. Add your Sage 300 account credentials, customize module integration from the admin panel, and enjoy cross-referenced data visibility.
Key features:
- Synchronize data to enhance the customer experience in real time.
- Automate customer, product, and order information updates.
- Manage inventory, automate invoicing and billing, track finances, and generate reports.
- Improve order management and fulfillment processes.
- Support multiple currencies.
- Manage multiple Magento stores from a single Sage 300 instance.
Best Magento ERP integration for: Real-time data synchronization.
Pricing: Starts at $10,000.
Magento ERP Software by Magestore
Magestore’s Magento ERP solution integrates with Magento stores without requiring connectors or back-end logins. It centralizes and synchronizes sales data across departments, simplifying business operations.
As a progressive web app (PWA) ERP, it enables front-end management of back-office tasks, including real-time inventory data syncing. With forecasting, purchase order creation, and order tracking, this ERP tool reduces workload and errors while enhancing security through customizable permissions.
Key features:
- Track product status and locations across warehouses.
- Automate purchasing tasks.
- Facilitate omnichannel order management.
- Set user permissions.
- Analyze sales performance with advanced inventory reporting.
Best Magento ERP integration for: Native Magento ERP.
Pricing: Request a custom quote.
Magento Oracle ERP Integration by Elogic
Elogic’s Magento Oracle ERP Integration automates order management — it lets you sync inventory levels, order statuses, and shipping details between platforms. It centralizes order fulfillment and eliminates manual data entry, which lowers the risk of errors and helps you save time.
This extension scales with your store, ensuring operations remain efficient as your business grows. You can streamline processes, enhance efficiency, and oversee all aspects of your order fulfillment in one place.
Key features:
- Automate business processes to minimize errors and save time.
- Enhance inventory management and prevent stock-related issues.
- Personalize customer support using customer data and order history.
- Gain valuable insights from business performance data.
- Automate tasks for enhanced resource allocation and process efficiency.
Best Magento ERP integration for: Streamlining order management processes.
Pricing: Request a custom quote.
Dynamics 365 F&O Connect by i95Dev
i95Dev Connect for Microsoft Dynamics 365 Finance and Operations (F&O) ERP systems is a secure way to enhance operational efficiency and customer experience.
It lets you synchronize vital eCommerce data, including invoices, order status, product information, and inventory levels. This automation streamlines business operations and helps you reduce labor costs.
Key features:
- Harmonize Magento and Dynamics 365 systems for data consistency.
- Reduce manual intervention by granting B2B and B2C customers self-service portal access.
- Align shopping cart platforms with Dynamics 365 systems.
- Offer omnichannel experiences for a competitive edge.
- Automate eCommerce operations to save time and money.
Best Magento ERP integration for: Enhancing B2B and B2C customer experiences.
Pricing: Starts at $0.
Acumatica ERP Connector by Kensium
Kensium’s Acumatica ERP Connector integrates Magento with Acumatica’s cloud-based ERP, enabling real-time data transfer from your marketplace to your back-office ERP.
With its simplified user interface, you can configure sync preferences, manage queues, and create schedules in one place. This tool lets you log your data in your database and securely transfer payment tokens between systems to streamline order processing and customer incentivization.
Key features:
- Synchronize real-time data using Acumatica and Magento’s REST API framework.
- Customize entity sync and mapping by selecting product, category, and customer attributes.
- Support multiple stores with unique preferences and sync settings.
- Expedite customer communication through real-time notifications.
- Incentivize customers using sales price worksheets, rewards, and gift cards.
Best Magento ERP integration for: Incentivizing customer engagement.
Pricing: Starts at $6,500.
Magento 2 NetSuite Integration by Netable
Netable’s Magento 2 NetSuite Integration extension links your Magento 2 store with NetSuite, synchronizing crucial data to prevent manual data entry errors.
Ideal for B2B and B2C platforms, it ensures data accuracy, timely order processing, and order tracking. With real-time updates, customers can always access business-critical data, enhancing trust and the overall user experience.
Key features:
- Automate real-time order synchronization between Magento and NetSuite.
- Customize product syncing for efficient data transfer.
- Configure inventory sync for multiple inventories and stores.
- Customize pricing sync policies, support multiple stores, and fetch real-time prices.
- Automate customer data processing across systems, groups, and credit limit allocation.
Best Magento ERP integration for: Data accuracy and customization.
Pricing: Starts at $6,500.
Magento 2 SAP Integration by Netable
Netable’s Magento 2 SAP Integration connects customer, stock item, sales order, and service call data from SAP to your Magento store, streamlining your eCommerce operations.
This extension serves both B2B and B2C Magento websites, eliminating data inconsistencies and ensuring real-time customer, order, and product updates. It automates cron processes to enhance efficiency, improve decision-making, and boost customer satisfaction.
Key features:
- Automate product attribute sync across multiple stores.
- Fetch and sync inventory data in real time.
- Unify customer billing and shipping data and segment them.
- Manage sales orders and update them across systems.
- Create new customer accounts in SAP and sync the data automatically in Magento.
Best Magento ERP integration for: B2B and B2C enterprises.
Pricing: Starts at $15,000.
Magento and Infor Integration by Elogic
Elogic’s Magento and Infor Integration blends Magento’s powerful eCommerce platform with Infor’s versatile enterprise software. It optimizes operations by facilitating smooth data exchange between systems, streamlining processes, and enhancing business management.
Even more, this integration provides insights into your customers, allowing you to create targeted marketing campaigns that appeal to specific audiences and boost sales.
Key features:
- Optimize data sync across Magento and Infor for accurate inventory management.
- Leverage enhanced customer insights for personalized marketing campaigns.
- Automate order processing, reduce errors, and expedite order delivery.
- Streamline eCommerce operations with a unified dashboard for data-driven insights.
Best Magento ERP integration for: Advanced inventory management.
Pricing: Request a custom quote.
Commercient SYNC for IFS by Commercient
Commercient’s IFS Magento ERP integration connects your IFS software with Magento to enhance your eCommerce operations. This cloud-based connector streamlines sales and back-office communication. It also offers performance, stock, and order insights to help you make data-driven decisions.
It’s easy to set up, and data is synced every 30 minutes, which helps with better order management. Also, this tool doesn’t require coding, servers, or mapping — it handles everything from the back end, freeing up time to focus on business growth.
Key features:
- Simplify and customize the ordering process.
- Manage your business with IFS support for zero coding, mapping, or server worries.
- See changes in real-time between IFS and Magento records.
- Display any synced IFS field on the Magento screen.
- Use Magento functions on all synced IFS data, including graphing and third-party apps.
Best Magento ERP integration for: User-friendly design.
Pricing: Starts at $249.
Commercient SYNC for Epicor by Commercient
Commercient’s Epicor Magento ERP integration merges Epicor’s customer and product data into Magento for clear insights into your store’s performance and inventory levels, helping your store run smoothly.
Without the need for ETL, coding, and mapping, Commercient’s Epicor Magento ERP tool lowers integration costs while helping you get the most out of your online store.
Data is synced every 30 minutes, enabling you to enjoy a unified view of your business across multiple channels. This tool is compatible with various Epicor versions, including Epicor 10 and Prophet 21.
Key features:
- Enable customers to place orders in your Magento cart through Epicor.
- Automate order management, eliminating the need for salespersons.
- Sync data between Epicor and Magento in real time.
- Integrate ERP into your CRM.
- Use synced Epicor data in Magento functions and apps.
Best Magento ERP integration for: Companies of all sizes.
Pricing: Starts at $249.
How to choose the best Magento ERP tool for your store
If you need help deciding which Magento ERP solution to choose for your online store, follow this short guide.
Define your business needs and goals
Before you start exploring Magento ERP tools, know exactly what you need. Do you want to organize your stock better, speed up order handling, or improve customer support?
For instance, if your products often run out of stock due to inventory tracking errors, your aim should be to get an ERP with robust inventory management features.
Research and evaluate available ERP options
Identify top Magento ERP solutions. Compare their prices and features to find an option that best fits your specifications. Check reviews to gain insights from real users, focusing on aspects like reliability, integration capability, ease of use, and overall customer satisfaction.
Evaluate customization and scalability
Consider your store’s current size and how it might grow later. Ensure your chosen extension can grow with your business and handle any future changes.
Vet integration capabilities
Check if the Magento ERP software is compatible with your technology stack. It needs to integrate with your CRM, accounting, and shipping apps for efficient operations across your store. Look for tools with ready-made connectors or APIs for easy integration and cost-saving benefits.
Assess support and training resources
Evaluate the support and training from the ERP provider. Good training and helpful customer support can resolve any issues during setup and use.
For efficient troubleshooting and ongoing support, choose a provider that offers comprehensive documentation, videos, and customer support across multiple channels.
Consider the total cost of ownership (TCO)
Calculate the total cost of ownership, including upfront fees, ongoing maintenance, and potential customization costs. Balance your budget constraints with the value and return on investment (ROI) the ERP tool offers.
Look beyond the tool’s price tag and consider the long-term benefits it can provide.
By following these steps, you can confidently navigate the Magento ERP selection process and choose the best tool to optimize your store’s operations.
Final thoughts: Best Magento 2 ERP system for eCommerce
If you’re looking to streamline business operations without the risk of manual errors, Magento ERP systems are a great fix. They seamlessly integrate with your Magento shop, automating tasks and driving growth.
These resource management tools enhance customer satisfaction, managing everything from purchasing to order processing and inventory to data handling. So, choosing the right ERP tool will set you on the path to success.
However, your Magento ERP system needs a purpose-built Magento hosting environment to handle your store’s data calls, user traffic, security demands, and scalability needs.
Liquid Web anticipates and supports all your Magento hosting needs regardless of store size or the complexity of your tech needs, helping you get the most value from your ERP systems.
Browse our plans to find the perfect hosting solution for your online store.
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