The Top Banking ERP Solutions to Consider in 2024
The Solutions Review editors have compiled the following list to spotlight some of the best banking ERP solutions for companies to consider.
With the right ERP software, banks can improve how they access client information, optimize business processes, identify needs, develop brand loyalty, manage financial operations, and more. However, selecting and implementing an ERP solution can be complicated and time-consuming, especially since banks continuously adapt to changing market trends, regulations, and customer expectations.
To help, the Solutions Review editors have compiled the following list of top-rated banking ERP solutions to consider in 2024 (and beyond). Our editors selected these based on each provider’s Authority Score, a meta-analysis of user sentiment through the web’s most trusted business software review sites, and our proprietary five-point inclusion criteria.
The Top Banking ERP Solutions to Consider
Aptean
Description: Aptean provides industry-specific software for specialized manufacturers and distributors across 20 markets worldwide. It offers cloud and on-premise deployment options to meet the unique needs of each company they work with. Alongside its standard ERP and financial services application suite, Aptean also offers several products specific to the banking industry. These include tools for regulatory compliance, dispute management, consumer vulnerability protection, customer experience management, and a complaints management system.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
Microsoft Dynamics 365
Description: Microsoft’s Dynamics 365 suite goes beyond traditional ERP systems by bringing comprehensive enterprise resource planning functionality with the Office 365 apps you already know in a single, cloud-based service. For example, companies in banking and capital markets can use Dynamics 365 to attract prospective customers, automate the sales process with intelligent chatbots, orchestrate customer journeys across multiple channels, protect online accounts from fraud with adaptive AI, equip employees with self-service tools, and accelerate business growth with in-depth customer insights.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
Multiview
Description: Multiview Financial Software provides companies with easy-to-use financial applications built to help users improve their financial planning and accounting efforts. As an “ERP software built for accountants by accountants,” banks can use a reliable suite of core accounting capabilities for accounts payable, accounts receivable, and general ledger, alongside various business insights, automation, and inventory management tools. The Multiview Financial ERP platform provides organizations with a single point of truth that improves visibility across divisional, regional, or product line silos.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
Oracle
Description: Oracle is a leading cloud technology company providing organizations worldwide with various computing infrastructure and software products designed to help them innovate their business, unlock new efficiencies, and improve efficiency. The company offers multiple products for banks, including tailored solutions for retail, corporate, and cloud-based companies. These solutions can help banks of all sizes safeguard customer data, deliver customizable digital banking experiences, remain in compliance with global regulatory standards, offer flexible billing options, and support multiple lines of business.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
Priority Software
Description: Priority Software provides organizations of all sizes with flexible, scalable, and end-to-end ERP solutions. With built-in AI capabilities, an intuitive user experience (UX), various social engagement tools, built-in reporting, mobile management, business intelligence, CRM, HR management, cash management, customer services, project management, cost and budget control, and other features, Priority’s cloud-based ERP system can help banks and other financial services businesses track business performance in real-time, gain valuable insights, forecast results, and automate their operations.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
SAP
Description: SAP, the German software giant, provides businesses with its SAP S/4HANA next-generation ERP software, offering robust functionality across customer relationship management, financials, human capital management, and product lifecycle management. SAP offers multiple industry-specific solutions for banks to consider, including its S/4HANA Cloud, Business Network, Commerce Cloud, and SuccessFactors solutions, among others. These products help banks stay compliant, manage financial data, control costs, reduce risks, identify savings opportunities within their global supplier base, create personalized banking experiences, and more.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.
Workday
Description: Workday equips its clients with cloud-based ERP software geared toward medium businesses and larger enterprises across industries. The company’s service tools cover financial management, HR, payroll, talent management, analytics, planning, and workforce management. This allows enterprises of all sizes to shed their disparate systems and unlock deeper visibility into company data. Its banking capabilities cover everything from AI-powered financial reporting to spending management, margin planning, built-in audit support, talent management, supplier contract management, employee onboarding, and human resource management.
Learn more about leading ERP products with Solutions Review’s Free ERP Buyer’s Guide.