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ERP SaaS model economically viable

ERP SaaS model Very encouraging news for Indian IT Services comes from Gartner, the leading global provider of independent and objective technology related research and advice. According to Gartner, the information technology research and advisory company providing technology related insight, Indian IT services market is forecast to reach $10.2 billion (approximately Rs. 53,000 crore) in 2013, a 12 per cent increase from an estimated $9.1 billion in 2012.

Their study also reveals that despite facing a slowdown in the past two years, the rate of growth of India IT services sector remains relatively high. Although it is fact that India’s GDP growth has slowed in the past year because of global economic challenges, the growth fundamentals are on relatively solid footing, driven primarily by growing domestic consumption. Increasing e-governance projects in the government sector such as Unique Identification Authority of India, and Accelerated Power development and Reforms Programs, are to be viewed on a positive note, which is going to benefit the Indian IT sector in a big way in the coming days.

Takers for IT services in government and private sectors in India are increasing rapidly and demand includes the enterprise solution software applications. As the ERP applications are becoming essential for efficiency and transparency of business process, shying away from this service could be a big setback for businesses in the long run.

With the entry of Cloud computing in the IT sector, the demand for SaaS ERP system also started to grow as the solution is being considered most economical and hassle free enterprise solution.

The growth of services in IT sector also increased the awareness and usage of cloud ERP and ERP SaaS models in Indian market. Our experience reveals that the benefits offered by eresource ERP SaaS model will ultimately result in widespread adoption.

eresource ERP SaaS model delivers everything you need to run your business better. Purchase the product suites that you require, and eresource delivers the quality and reliability you need to run your business. eresource SaaS ERP system can be customized as per your requirement and operates just like an on-premise solution. Economically viable and operationally scalable eresource SaaS ERP system is unique in its own way. You have to feel it to believe it. Call us today for a FREE demo.

Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo

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Select the right ERP system for manufacturing company

Selection of the right ERP system for manufacturing company

When a manufacturing company plans an enterprise system implementation, the primary motivations are business transformation, Business process harmonization and the technology upgrade which ultimately does the replacement of the legacy system.

With the business transformation the aim of the top management is to undertake changes at the top line or bottom line of its Business process . Business process harmonization is a business transformation exercise but at a scale where the objective is to generate process benefits and a smooth activities across the organization.

Manufacturing ERP Software

Technology upgrade is process Initiated by the IT organization to replace the legacy system with the latest technology product or service with similar functionality and reduce application management costs and total cost of ownership. In this change over exercises the primary question that Decision makers often face is whether to develop a custom solution or implement a packaged solution. While there are complex and unique business scenarios that merit the development of custom solutions, most orga­nizations will benefit from a packaged enterprise systems solution for various reasons

The reasons why the companies choose for a packaged ERP Solution like eresource is the system is more user-friendly, economical, scalable and flexible. Being a Web-based application the implementation process also much easier than the traditional ERP packages. Other important points that are considered when it comes to ERP package s like eresource is it is easily adopted industry best practices. It is also well proven and stable with better system documentation. Having its own upgrade roadmap it is also a system that is easier and cheaper to maintain with readily available round the clock customer assistance.

As there is a myriad of ERP appli­cation packages available in the market with a range of deployment options, selection of right ERP package a complex exercise. It is a fact that cannot be denied. Moreover most ERP package s claim to offer comprehensive, but similar, functionality. There is no harm if Decision makers are given little more sleeping time to decide the selection of the right ERP package for their organization. Selecting an inappropriate ERP package is like inviting troubles. An ERP Manufacturing System that is not a right fit tends to weigh down the entire organization. Wrong selection of an ERP package s can compromise security and audit requirements and have a debilitating effect on employee morale.

We have come across some cases where companies spending substantial amounts of time and money on ERP Implementation is only to realize that a different ERP System would have been a better fit. On the other hand we would like to emphasize the fact that once a right ERP package is implemented it can bring handsome benefits to the organization. When implemented effectively, ERP can improve alignment of processes with organiza­tional strategy, reduce costs and improve pro­ductivity.

Also Read – Cheap ERP for Manufacturing

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Modern ERP systems can provide greater working freedom

Modern ERP Systems for Growing Business

As the ERP market got matured in India, there were speculation that a few large ERP software companies would dominate the industry. However, with the advent of more affordable ERP solutions such as eresource, manufacturing companies in SME sector in India has started benefitting greatly. The high demand for ERP application from the small and middle-market manufactures is a big morale boosting for ERP system providers, which has given encouragement to innovate new additions to the system that would greatly help the SMEs in the coming days.

Easy way of operational methodologies and an user-friendly interface with more advanced features are the highlight of eresource ERP systems that give the SMEs an upper hand in their business process. eresource ERP has been developed to meet the requirements of various types of manufacturers.

In a short span of 8 years, eresource has grown in to a position where its competitors are the lead players in the market. During this period eresource has identified and evaluated ERP software specifically for manufacturing industries such as process manufacturing industry, chemicals, castings, electronics, equipment, food, molded products, primary metals and printed products. Eresource also developed ERP solution for numerous other industrial verticals and implemented successfully.

For the last two decades, ERP packages have experienced extensive development in features and functions. With this revolution, eresource ERP package now comprises of dozens of modules. Also with the introduction of cloud-based ERP solution buyers have more flexibility in selecting specific features and modules.

Also Read – ERP Software company

Customization of ERP system

The early version of ERP system was highly rigid and required programmer-level skills and source-code access in order to make even minor changes, such as alterations to screen layouts. Unfortunately, there are some companies still relying in this types first-generation ERP solutions. Come to think of, customizing these software packages is an expensive venture. We therefore advise our customers to look for more flexible and reliable ERP solution rather than spending in the customization of the out-dated system which is going to be a waste of resources.

Modern ERP systems like eresource provide greater independence through customization and personalization tools. In addition to this customization tool, eresource ERP systems come with workflow-management tools, which also allow a company to adapt the software to its own, unique business processes. Workflow tools, for example, can interrupt a software process; suspend a transaction and send a notification; suspend a transaction for managerial approval; or route a partially completed transaction to another employee. These tools help coordinate the activities of several employees, working in different areas of a company.

Also Read – Budget ERP Software

Data conversion

Like it has been mentioned earlier, upgrading an aging ERP system is a costly affair and often, the cost to convert historical transaction data outweighs the benefits. eresource ERP offer data-import routines, templates and tools that simplify the process and reduce the data-conversion costs. The system allows extraction of data from the old system, which can copied into the new system quickly and with integrity checks.

Although it is encouraging situation that the ERP software has reached market maturity, ERP implementation has been considered as a biggest software investment project. It is where the role of eresource is getting more irrelevant. Because it is a one of the best ERP system available in the Indian market for an affordable cost. Call us to know for more details.

Also Read – Construction ERP Software

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Implement ERP and make your business technology-oriented

Successful ERP Implementation and Operations of an ERP Solution

We are living in the technological era. To be successful in this era, every organization need to be a technology-driven one. ERP Software or Enterprise Resource Planning being an essential business application, ignoring or down-sizing the usage of this marvelous technological advancement can backfire the growth of a business organization.

eresource ERP, one of the leading ERP software solution providers in India today, excelled its technology in almost all the industrial verticals. You name it and we have it. From manufacturing to trading industry there are numerous industries that have benefited from eresource ERP during the last decade. With our recent addition of ERP solution for Car Rental Services, we have widened our operational areas and there are many more are in the pipeline.

Over the last decade we have successfully implemented our ERP software in many different industrial segments. Although some of these were new to usage of ERP software system, some of them were using a MRP solution in place before embarking into eresource ERP solution. These companies, however, noticed that their MRP system formed islands of data that inhibited information flow. It was inadequate for the needs of these companies whose businesses were large and complex.

For a successful ERP implementation and operations of an ERP solution, an organization must do some pre-planning and a systematic re-engineering. Re-engineering of operations must be carried out with the future course of growth into consideration. It is also important carry out thorough analysis of the ability of applications to meet core business process needs and identifying gaps between core needs and existing application’s features and functionality should b e documented well with alternatives, including estimates of all resources and schedule impacts.

It is a common belief that ERP system is a complex application especially when when it comes to handling multiple functions and some of the ERP packages that were implemented years ago prone to serving only individual functions. The scenario has changed massively and today Web-based ERP solution such as eresource ERP handle any complex and multiple operations easily and quickly. eresource ERP software could not only integrate different functions from different departments but also different function from different industries.

In the earlier days ERP solutions were used as an exclusive internal solution of an organization and even all employees of in the organization were not aware of the existence of a technology under their nose or they have lacked the information about functioning. With the advent of Web-based eresource ERP everyone in this organization started realizing the functionalities of an ERP solution also its benefits.

Though there was awareness that ERP system was a web friendly application the advantage has not been fully explored, until eresource made its entry. However other ERP solutions had its own reservations in using internet abundantly. eresource ERP worked on them and hence became totally a web friendly application.

There is also misconception that an ERP system is only for the large organizations. However, that is not correct. We can say with confidence that the Small and medium-sized businesses are the major beneficiaries of ERP system and they are the main force that pushed the ERP growth in India.

Also Read – Best ERP Software for Manufacturing in India

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Effective ERP solution for Midsize Organization

Effective ERP solution for Midsize Organization

Over the years, eresource has become an acceptable ERP solution in Indian manufacturing sector, especially in the SMB segment. Eresource has been concentrating more on this sector because manufacturing sector goes far beyond the direct contribution to national product and employment. Manufacturing is a global business underpinning all economic activity.

There is no need to emphasis the fact that the manufacturing sector is crucial for employment generation and development of an economy of a country. In coming years, India is expected to witness significant demographic growth and a disproportionate expansion in the working age population. To absorb much of this labour force, the manufacturing sector would need to play an important role, especially in technology front. Currently, the sector accounts for 12 per cent of the total employment in the country, well below its true potential. Currently, the manufacturing sector accounts for less that 20 per cent of the total employment in the country, well below its true potential.

Therefore, being the lifeline of the country, it is imperative that manufacturing sector must be equipped with technologically advanced operating system that will help boost employees’ confidence and improve overall working method.

In this scenario, upgrading of technology support becomes necessary in all manufacturing organization and an ERP system that can help to minimize manufacturing cost and increase of resource utilization is the need of the hour. To grow and compete in the vast manufacturing sector, small and medium-sized manufacturing units must cut down their production bottlenecks and must improve their delivery performance.

To make their operation further easy, manufacturing companies must have a transparent method of operational mode between each department and branches. eresource ERP is a comprehensive enterprise resource Planning system that has been developed with best-practice support for multi-mode manufacturers in a broad range of Industries.

As the competition in the manufacturing sector world-wide getting more aggressive by each passing day, the SMB segment must concentrate more on improving their overall working system, with integrating more advanced resource planning application. We have many reason to recommend eresource ERP for Indian manufacturers. eresource ERP is designed for manufacturing excellence, with visibility throughout the operation and embedded support for a wide variety of manufacturing processes – including make-to-stock, make-to-order, configure-to-order, engineer-to-order, just-in-time (JIT) manufacturing and materials control, and lean operations.

Eresource ERP for manufacturing is consists of many useful modules such as Sales & Distribution Management, Purchase Management, Manufacturing, Planning & Control, Total Quality Management Inventory Management, Plant Maintenance, Excise Management, Human Resource Management, Finance Resource Management.

Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo

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eresource, business intelligence tool that enables better forecasting

Business Intelligence in ERP Systems

Business today can succeed only if it has a powerful forecasting solution and ERP is undoubtedly the best solution for a better forecasting. It will be better if organizations realize without accurate forecasting, businesses can’t always deliver on the promise. An effective ERP system that enables Integration between front-end sales and back-office systems in organization can now forecast the seasonal and cyclical spikes and dips.

Eresource ERP enables reduction and elimination of bottlenecks and shortages in business processes. As the customers always expect a fast order-fulfillment, a cloud-based ERP system such as eresource with integrated capabilities and business intelligence tools, is just what the need of the hour.

Our ERP system generates a statistical forecast for each item-location combination as per the norms set by the e user. The user can then make adjustments to the system generated item-location forecasts and aggregate them nationally, regionally or by other criteria such as product, class or market zone. There are also options that allow further adjustments which aggregates and be prorated back down to the item-location level to drive production and deployment decisions.

An effective forecasting method will help the organization in many ways to organize its business process. Apart from the forecasting method, the ERP system will enable to generate quick orders and distribute it to the other people who have involved in a matter of seconds. This will not only save the time but also can avoid unwanted paperwork. As all the staff involved in the process will working on the same information there will be less chance of mistakes happening in between the work process.

Once implemented, eresource ERP starts its functioning and starts with deal with the people in charge of handling stocks. This is because these people are the first ones to know when a product is not going to be available, and when there is going to be plenty of another one. This will help the ERP system to guide vendors to reduce unnecessary stocks by offering the product that might be exceeding reasonable inventory.

Our ERP system, which has an easy to operate interface allows easy process of invoicing and delivery that can be managed with the click of mouse button. When an order is entered all the information is available for vendors to deal with clients at the same time that they are dealing with stocks, prices and possibilities of discount. This information arrives correctly and in a complete way to the rest of the employees speeding up posterior work.

eresource ERP system can bring a kind of magic that simplifies daily tasks to your organization. It keeps your employees updated about what they need to know to increase their efficiency levels. Over and above this system also gives you the chance to control anybody at anytime.

Also Read – ERP Software for Manufacturing Industry

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eresource ERP, an indispensable system for business success

eresource ERP, an indispensable ERP System for Business Success

Pharmaceutical Industry is the one that always in challenging mode. This is because health is the most precious factor that a life is depend on. As it is said, when wealth is lost something is lost, but when health is lost everything is lost. Therefore contribution of pharmaceutical industry to the nation must be viewed with most respect.

Unlike any other industry, pharmaceutical industry is always in a change mode. This is due to demand of new medicines in the society with the evolution of new illness and diseases. It is not an exaggeration if we say there no other industry in this world where research and development holds important as in pharmaceutical industry. However, in today’s technologically advanced world, pharmaceutical companies cannot be mute spectators to changing environment that largely can contribute in their research and development and other business process in a sophisticated method.

As the whole world in the process of transformation in its each every mode and method, case of pharmaceutical industry is not something different. Today pharmaceutical industry is witnessing key transformation in the working method with the help of highly sophisticated software applications. With the introduction of sophisticated equipment’s in all working process, managing the work also been upgraded with support of computer networks and highly reliable software applications. This has also been resulted the requirement of highly talented IT professionals in the field. The industry has reason to feel proud that due to this sophisticated working process, the industry has able to invent, produce and supply from very ordinary to even life-saving drugs that our society is badly needed to safeguard their health and other health related matters.

In recent times, ERP or Enterprise Resource Planning solution has played a big role in growth of pharmaceuticals industry, generally in its business process and particularly in its technical process. Pharmaceutical ERP software is tailored to meet the needs of pharmaceutical organization Primarily, this application can deliver the power, scalability, and robust e-business functionality in a cost effective manner, with rapid implementation. Most of these application comprises versatile analytics and MIS reports, which gives the power to run businesses at peak performance.

When we talk of an ERP system for pharmaceutical company, the first question will be is an ERP system must for an pharmaceuticals company? and If yes, why they need it? The answer is simple. Today ERP solution functions is the soul of an industry, whether it is pharmaceutical or others. And important of soul is beyond any simple explanation. Rather than just a business application ERP mainly functions as an system that automates industry process.

Automatic process makes it possible that everything work according to plan and every medicine is produced with its optimum scrutiny and manufactured medicines are delivered to the proper place also at proper time and all other business process related execution carried out efficiently. With an ERP system in place, chance of human error are rare or dim. This system also ensures safety and quality of the product in internationally acclaimed standard.

As the enterprise resource planning software became a key component for pharmaceutical companies to integrate their entire business processes, good Indian ERP companies have introduced some affordable and effective system to suit the need of small and medium sized companies in the Indian market.. The most popular among them is the web-based pharmaceutical ERP systems which is a big hit among all big and small companies alike.

These Web-based ERP systems integrate and automate the main functionality of an organization thereby facilitating the flow of information among the different functions of an enterprise. These web-based systems have been developed to support all major pharmaceutical business operations. The systems have been incorporated with many advanced individual modules that could take care of functioning of every department efficiently.

Quality Management tops the priority list as far as any pharmaceutical company is concerned. Keeping this in mind these systems are developed and designed in unique style. Quality Control department with its integrated sophisticated Quality Control / Module which not only monitors quality by control plans in purchasing and production but also provides real-time process capability index for quick review.

Implementation method also plays an important role in success of an ERP system for pharmaceutical industry. Successful implementation requires a structured methodology. The method should be people and process-focused. This is the best way to manage the risk effectively. A good methodology of implementation process covers all the bases. Therefore if there is anything unexpected pops up the user will be able to handle these problems without any negative consequences.

Web-based ERP for pharmaceutical is a more flexible, affordable and reliable. What is more important is that for a successful pharmaceutical business process, ERP is the future, and it has become essential in the business world because it brings information classified and simplified to those who have to make decisions.

Also Read – ERP for Construction Industry

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Enhanced ERP system from eresource helping Life Sciences

Technology savvy business leaders from the Life Science field are adopting new technologies that directly align and support their more nimble business strategies. They are leveraging cloud solutions to gain greater business agility, faster deployments and predictable investments. Life Science industry today largely viewing the development happening in the technology field with hope and optimism especially the mission critical business systems such as enterprise resource planning (ERP), which has been intelligently integrated with supply chain management (SCM) and customer relationship management (CRM) applications. Majority of companies from this field are opting for deployment in the cloud technology. By deploying these technological advancement Life Sciences industry can become more flexible in their business operations.

Effort to eliminate waste and non-value added expenditures from the production process that doesn’t create value is becoming a futile exercise.. However, introduction of able and effective ERP system has fully enabled this production practice adhere a strict monitoring. This technology enablement is now being adopted by most of the organizations in this field in a big way.

More enhanced manufacturing ERP software like eresource have helped these companies with its project accounting and cost accounting modules thanks to deep integration with both finance (receivables, payables, ledger) and core manufacturing processes (master planning, shop floor control, WMS, etc.) to identify waste and thereby preserve value with less work.

Developing a system that suits Life Science manufacturing companies was a great task that eresource has done successfully . The continued morphing of manufacturing systems and supply chain management systems into single solutions has paid off well.These kind of innovative integrations in our system has made best-of-breed business applications are being replaced by our innovative integrated business suite solutions.

This was due to the fact that manufacturers are increasingly turning to the supply chain to reduce cycle times, lower inventory (and related working capital), accelerate customer fulfillment and decrease distribution costs. Eresource ERP applications is enabling these strategic goals come true.. These include such things as leveraging customer segmentation for improved demand planning, integrating multiple supply chain strategies for more accurate forecasting, and simulating buying patterns.

Normally manufacturing companies do not use the CRM very effectively. They have a reputation of using CRM systems for the bare minimum. However, in medical fields where patients are now more connected with others in the same boat, are more informed and have more options than ever before, companies must rethink their CRM strategy, processes and software.

Today patients are more updated about medicine and other medical related matters, thanks to the more accessible information facilities. They are more active in determining what medical equipment, surgical instruments and surgical appliances they believe are right for them. They are sharing their findings with other patients and entire online communities in social networks and internet forums. To meet these patients where they congregate, Keeping this in mind, the latest CRM modules have developed to include ‘social CRM’ tools that leverage social listening and collaboration apps to identify and engage with patients where they digitally congregate.

Unlike in other industries, people in the Life Science field have to depend heavily on technology advancement. Therefore it is important to know for the people who are connected with the field the technology trend and act instantly without losing much time to be a competent field. For that what they need is an tool that will give them full support and confidence in their working process. Eresource ERP has been developed keeping all these facts in mind and the system is fully capable of empowering people in the field to make better business decision and by that way the company that they serve will able to improve its business performance.

Also Read – ERP for Automotive Manufacturing Industry

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ERP With Business Intelligence

ERP With Business Intelligence

Enormous amount of data is one of the major issues that many companies are struggling to handle today. This is because many of these companies are ‘oversoftwared’ presently, and unless they come out of this tangled situation by implementing an enterprise solution that could handle data intelligently with an efficiently integrated with BI (business intelligence) module, they are going to be backtracked in their effort to revive their business strategies.

With an intelligently integrated BI module with your enterprise solution, decision making becomes an easy exercise. Experience of decision making executes from the companies where eresource ERP has been implemented can be a suitable example for this.

Lack of an effective ERP solution with a ably supporting BI module has made business operations virtually impossible for many companies and forced them to cut costs and ultimately doing ‘more for less’. However, step in by eresource with a solution that could find answer to all their business concerns, re-railed their business activities into the right track.

These change has been taken place because with the integration of BI tools. enterprise solution of these of companies have reached a level of maturity which can elevate executives from the depth of the details, bringing them to a higher operating level where they can add strategic value to the organization The ability to provide better decision support with integrated enterprise data is an important factor in turning data into actionable intelligence.

Some organizations are still not clear about how to go about with an ERP with Business Intelligence. It will be a big mistake from the company if they treat ERP and BI as two separate projects. Companies must implement an ERP that has been integrated with BI module. It helps the company in two ways, economically and technically. BI module in ERP when integrated works hand in glove like the solution can transform data into information but BI tools are required to complete the transformation from information to intelligence.

Also Read – ERP for Manufacturing

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PMS backbone of Oil and Gas Industry

Preventive Maintenance System (PMS) backbone of Oil and Gas Industry

It has been proved beyond any doubt that a well-chosen and intelligently implemented, Preventive Maintenance System can make more economic sense. This is because preventive maintenance is doing the minimal routine work necessary to ensure the equipment remains in proper operating condition.

Before discussing anything further on Preventive Maintenance System (PMS), it is necessary to understand how important is PMS. Preventive maintenance is planned maintenance of plant and equipment that is designed to improve equipment life and avoid any unplanned maintenance activity. Preventive Maintenance includes lubrication, cleaning, adjusting, painting and minor component replacement to extend the life of equipment and facilities. Its purpose is to stall breakdowns and excessive depreciation. Neither equipment nor facilities should be allowed to go to the breaking point, especially in industries like Oil and Gas, where a brief disruption of work could mean not only a huge financial loss in downtime but it will jeopardize the safety of people working there.

It takes a lot to keep the Oil and Gas industry running smoothly. However, an effective IT backbone with a solid application which supports the end-to-end logistics can address the challenges effectively even while reducing costs and minimizing risks. This is the best way you take control of Oil & Gas industry. In Oil & Gas industry. Therefore, on-time flow of materials, people, and equipment to and from exploration, development and production sites is critical.

Understanding the situation lot of companies in the Oil and Gas industry have placed their gear on a transformation mode. Earlier this industry was heavily relied on human interaction for preventive maintenance. However, this exercise demanded lot of working time and efforts that most of the time produced unsuccessful result. With introduction of exclusive PMS like eresource erp software, Gas and Oil Industry is opting for a good and effective preventive maintenance system.

Eresource PMS uses enhanced analytical tool to lead scheduled maintenance. The system is linked to operational performance of equipment that measure performance parameters such as vibration or heat in oil exploration. When any of these parameters stray outside a predefined range, automatically determine the most likely cause and will also suggests work orders to maintain or replace certain equipment

Using eresource erp PMS in Oil and Gas industry has many of advantages. First of all there will be tremendous value creation, particularly petroleum exploration when using an integrated preventative maintenance system like eresource PMS. Lowering maintenance time will have immediate benefits to the life of lubricants and filters, as well as maintaining design specification operating parameters to achieve maximum productivity and quality. Apart from the above benefits, the original equipment manufacturers for the oil and gas industry can also indirectly benefit by understanding exactly what equipment and replacement parts clients need when managing oil and gas exploration projects. Also engineering manufacturers can learn from the exercise by understanding past performance and enhancing design specification to meet increased production demands and work order flow. These factors will help maintain inventory and purchasing to an optimal level as well reducing the inherent financial risks of holding excess inventory of parts.

The benefits received from eresource ERP PMS in the energy sector reduce costs significantly for an industry with massive capital expenditures, leading to a more efficient energy enterprise for the long-term.

Also Read – EPC ERP