Spending too much is not necessary! Get an ERP system within your budget

Specialised versions of eresource ERP’s applications can be supplied to support vertical markets including the government, healthcare, and manufacturing sectors. Additionally, we have shifted into increasingly specialised fields including marketing, sales automation, supply chain management, and demand forecasting. Over a dozen industry segments can choose from a variety of tailored solutions provided by eresource.

Legacy system installed earlier in almost all the major businesses not only benefitting them much but it is also proving to be a significant obstacle for the business growth. Businesses are compelled to implement new-gen ERP system, even if it means that many of the features will go unused.

With the release of our Filtered ERP,  eresource, businesses may now freely integrate modules pertaining to a certain function. This has aided in expanding the use of ERP among small and medium-sized enterprises as well as major corporations.

The benefits of an enterprise resource planning solution began to flow to SMEs with the introduction of the Internet and Web-based ERP solutions, such as eresource ERP. This has greatly increased the use of ERP in larger businesses while simultaneously providing more space for SMEs to grow. Up until now, a lot of significant businesses have been reluctant to make sizable ERP investments. The use of need-based ERP programmes, like eresource ERP, has caused investments in ERP to start trending upward, which has finally allowed the businesses to see strong returns on their capital. The promising trends in ERP implementations are worth noting.

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Quick to implement and easy to operate ERP system

Some businesses dissuaded ERP installation for yet another reason. This is due to the lengthy time it takes to establish an ERP system and start the entire process. Because implementing an ERP system costs a significant sum of money, there was a possibility that potential business would decline and man-hours would be lost. Quick setup and an easy-to-learn training session are features of eresource ERP. It goes without saying that one of the keys to eresource ERP’s success is its timely installation.

As an ERP system with Web access, eresource facilitates online business processes. The necessary information is readily accessible to anyone with authorization, and they can do so while seated at any time or location.

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The Financial Management module facilitates decision-making and strategic planning.

eresource ERP systems’ Financial Management module is regarded as one of its most crucial components. Features in the ERP financial management module provide year-end, quarter, and month-end closings in addition to the development of ad hoc reports.

The functions needed to manage cash and fixed assets, create financial reports, keep one or more sets of books, and carry out payment and receivables activities are all included in the extensive ERP financial management system.

The financial management feature of the eresource ERP system reduces the amount of manual data entry required of the user, relieving them of repetitive, tiresome duties and enabling them to concentrate more on other, higher-value tasks.

The module can provide a clear value of what is in stock at any time because it is tracking every movement into and out of the warehouse. The ereosurce financial module keeps track of each and every phase, including production and billing budget planning.

In addition to the aforementioned duties, the Financial Management module in the eresource ERP collects and aggregates financial data from multiple functional departments to produce a plethora of useful financial reports, including Trial balances, balance sheets, general ledgers, quarterly financial reports, account statements, gross profit analyses, profitability reports, asset and depreciation management, tax management, ABC analyses, and many more.

The eresource ERP Finance management module may also take care of an organization’s whole accounting and financial requirements. This module helps with better decision-making and strategic planning by allowing the Financial Manager and other business managers to analyse the company’s financial status in real time.

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Features of Financial Accounting module in eresource ERP

• Linked accounting. Direct navigation from accounting entries to documents and vice versa.
• Journal entries.
• Trial balance. General ledger.
• P&L statements (income statements).
• Balance sheets.
• Receivables and Payables
• Generation of debt payments (from invoicing).
• Issue of debt payments. Management of accounting documents.
• Bank statements reconciliation.
• Asset Management
• Bank Accounts Management
• In addition to the above outlined features, provision for Bank Guarantee, Forward Contracts, Letter of credit is also available in eresource ERP.

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