There are many ERP products in the Tier III market.
Tier III ERP Highlights
- Tier III ERP vendors sell products that are designed for small companies that range in annual revenues from $10 M to $50 M. These Tier III companies have less complex process needs and have limited locations.
- Tier III ERP products have limited complexity and are often designed for a vertical industry. They have limited breadth in applications, but often have depth in an application needed by a vertical industry.
- Tier III ERP products have a lower cost of ownership.
Tier III ERP Vendors
- Exact Americas
- Global Shop Solutions
- Smarter Manager
- Solarsoft Business Systems
The benefit to a Tier III ERP product is that they are designed for small establishments, have a low cost of ownership, and are quick and easy to implement. The risk is that a company may outgrow the product in a few years, and the ERP Tier III vendor is a smaller company with limited size and resources to keep up with technology.