When it comes to enterprise resource planning (ERP) software, two of the most popular options on the market are SAP and Yardi. Both of these software suites offer a comprehensive set of tools for managing everything from finances and accounting to supply chain and human resources. So, how do you decide which one is right for your business? In this article, we'll compare SAP and Yardi side-by-side, looking at their key features, pricing, and user reviews.
SAP
SAP is one of the oldest and most well-established ERP vendors. The company was founded in 1972 and has since grown to become a global leader in enterprise software. SAP's ERP software, known as SAP S/4HANA, is a comprehensive suite that covers all the key areas of business management, including finance, accounting, human resources, supply chain, and more.
SAP S/4HANA Key Features
SAP S/4HANA is a next-generation ERP suite that was designed from the ground up for the cloud. It's built on SAP's in-memory HANA database platform, which provides lightning-fast performance and real-time insights. Some of the key features of SAP S/4HANA include:
- Finance: SAP S/4HANA includes a complete set of finance tools, including accounting, financial planning, and cash management. The suite also offers integrated reporting and analytics, so you can get a clear picture of your financial performance.
- Human resources: SAP S/4HANA provides a complete set of tools for managing your workforce, from recruiting and onboarding to performance management and payroll. The suite also offers tools for compliance and workforce planning.
- Supply chain: SAP S/4HANA includes a complete set of tools for managing your supply chain, from procurement and inventory management to order fulfillment and shipping. The suite also offers tools for logistics and transportation management.
- Customer relationship management: SAP S/4HANA includes a complete set of tools for managing your customer relationships, from sales and marketing to service and support. The suite also offers tools for social media monitoring and analytics.
SAP S/4HANA Pricing
SAP S/4HANA is a subscription-based software, which means you pay a monthly or annual fee to use the software. Pricing is based on the number of users, so businesses with more users will pay more. SAP offers three different editions of SAP S/4HANA, each with its own price:
- SAP S/4HANA Enterprise Edition: This is the most comprehensive edition of SAP S/4HANA, and it includes all the features listed above. Pricing starts at $10,000 per month for 10 users.
- SAP S/4HANA Professional Edition: This edition of SAP S/4HANA includes all the features listed above, except for customer relationship management. Pricing starts at $5,000 per month for 10 users.
- SAP S/4HANA Starter Edition: This edition of SAP S/4HANA includes the finance, human resources, and supply chain features. Pricing starts at $1,500 per month for 10 users.
SAP S/4HANA User Reviews
SAP S/4HANA has been well-received by users, with most reviewers praising its features, performance, and usability. However, some users have complained about the high price of the software, and some have found the learning curve to be steep. Overall, SAP S/4HANA has a rating of 4.5 out of 5 on Gartner.
Yardi
Yardi is a relative newcomer to the ERP market, but the company has quickly made a name for itself with its comprehensive Yardi Voyager software suite. Yardi Voyager is a cloud-based ERP suite that covers all the key areas of business management, including finance, accounting, human resources, supply chain, and more.
Yardi Voyager Key Features
Yardi Voyager is a cloud-based ERP suite that offers a complete set of tools for managing your business. Some of the key features of Yardi Voyager include:
- Finance: Yardi Voyager includes a complete set of finance tools, including accounting, financial planning, and cash management. The suite also offers integrated reporting and analytics, so you can get a clear picture of your financial performance.
- Human resources: Yardi Voyager provides a complete set of tools for managing your workforce, from recruiting and onboarding to performance management and payroll. The suite also offers tools for compliance and workforce planning.
- Supply chain: Yardi Voyager includes a complete set of tools for managing your supply chain, from procurement and inventory management to order fulfillment and shipping. The suite also offers tools for logistics and transportation management.
- Customer relationship management: Yardi Voyager includes a complete set of tools for managing your customer relationships, from sales and marketing to service and support. The suite also offers tools for social media monitoring and analytics.
Yardi Voyager Pricing
Yardi Voyager is a subscription-based software, which means you pay a monthly or annual fee to use the software. Pricing is based on the number of users, so businesses with more users will pay more. Yardi offers three different editions of Yardi Voyager, each with its own price:
- Yardi Voyager Enterprise Edition: This is the most comprehensive edition of Yardi Voyager, and it includes all the features listed above. Pricing starts at $10,000 per month for 10 users.
- Yardi Voyager Professional Edition: This edition of Yardi Voyager includes all the features listed above, except for customer relationship management. Pricing starts at $5,000 per month for 10 users.
- Yardi Voyager Starter Edition: This edition of Yardi Voyager includes the finance, human resources, and supply chain features. Pricing starts at $1,500 per month for 10 users.
Yardi Voyager User Reviews
Yardi Voyager has been well-received by users, with most reviewers praising its features, performance, and usability. However, some users have complained about the high price of the software, and some have found the learning curve to be steep. Overall, Yardi Voyager has a rating of 4.5 out of 5 on Gartner.
Conclusion
SAP and Yardi are both leading vendors of ERP software. Both suites offer a comprehensive set of tools for managing all aspects of your business. However, there are some key differences between the two suites. SAP S/4HANA is a next-generation ERP suite that was designed from the ground up for the cloud. It's built on SAP's in-memory HANA database platform, which provides lightning-fast performance and real-time insights. Yardi Voyager is a cloud-based ERP suite that offers a complete set of tools for managing your business. Pricing for both suites is subscription-based and is based on the number of users. SAP S/4HANA starts at $10,000 per month for 10 users, while Yardi Voyager starts at $5,000 per month for 10 users.