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Real-time business has become cost-effective

Real-time ERP for Business Performance

Cost management is always a tricky problem for SMBs. Enterprise resource planning solution plays an important role in cost management. eresource, one of the leading ERP solution which is proved to be the most effective web-enabled ERP solution in India, is an ideal solution to comply with cost management.

Quick decision making is needed for a successful management of an organization with its cost management factor. Application modules such as business intelligence and business analytics tools are being integrated into eresource ERP systems in order to facilitate better, accurate and quicker decision-making.

Organizations have realized that in order to maximize the value of the information stored in their ERP systems it is also necessary to extend these ERP architectures to include more advanced reporting, and analytical and decision support capabilities.

Integration of information tools with the eresource ERP packages provides a detailed information delivery solution. Almost all technology today is focused on compressing to zero the amount of time it takes to acquire and use information, to learn, to make decisions, to initiate action, to deploy resources and to innovate.

When action and response are simultaneous, we are in real-time. Imagine the competitive edge you could gain by compressing time-to-market, increasing the speed of innovation, streamlining manufacturing and personalizing customer relationships at every point contact.

This strategy requires the ability to discover and act on important business intelligence in real-time. Today, real-time business has finally become cost-effective because of the convergence of enterprise resource planning (ERP) applications, business intelligence and the Internet.

To take the full advantage of an ERP system investment, just integrating the system with the business intelligence front-end not enough, the system must also to be made a web-enabled one. When a Web-based interface is provided to the information in the business intelligence system, the World Wide Web becomes an enterprise information utility for employees, partners, suppliers and customers.

Also Read – ERP Software for Manufacturing Industry

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eresource ERP – Big Advantage for Small Companies

eresource, India’s leading web-based ERP solution is developed with keeping Indian small scale industries in mind. With eresource ERP for small companies are finding the value in project management solutions within their ERP platforms. This includes many medium and small manufacturing companies as well as construction companies.

Undoubtedly eresource has become the first choice for majority of SMBs in India and it has established as the most popular integrated solution that help keep track of everything from major initiatives to everyday client requests.

The big advantage of eresource ERP solution is that it has its fingers in all aspects of running a business; its benefits are myriad and go beyond tangible cost reductions. eresource can improve an organization’s customer service and response time when solving issues. It can solve issues of interoperability among multiple manufacturing locations. It can standardize and accelerate manufacturing processes in all of a company’s manufacturing sites.

Also Read – Advantages of ERP solution in printing industry

eresource ERP can streamline a manufacturer’s order-fulfillment processes and can facilitate connecting with partners’ and suppliers’ enterprise systems. Our ERP system also can help an organization maintain compliance with government regulations, from hiring practices to environmental laws.

Case studies in organizations that have implemented eresource ERP reveal a variety of different business-specific benefits. One of the case studies revealed that by replacing legacy systems with an our web-based ERP system, one manufacturing company has reduced its inventory levels by 30 percent, reduced its warehouse space requirements by 38 percent, improved its month-end close process by five days and increased sales by 100 percent without hiring new employees.

With web-based eresource ERP in place, all manual processes are automated, production scheduling is more efficiently managed and inventory is more accurately assessed. Also, business performance can be measured in a much more holistic fashion than ever before. This gives executives real-time visibility into all business processes, enabling them to make better strategic decisions. In short, with eresource ERP packages, all small and medium companies can compete more aggressively in global markets.

eresource ERP system can also deliver significant improvements in other areas, enhancing many non-financial processes such as payroll, quality control, resource allocation and scheduling for project management teams, supplier relationship management for purchasing and procurement departments, and training and time and attendance tracking for human resources groups.

Also Read – ERP Software for Automotive Industry

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SMEs are the most aggressive adopters of eresource ERP

ERP for SMEs

The way ERP system was used by organizations taking a rapid change. Initially an ERP solution was mostly preferred by manufacturing organizations only. And that too for the Finance and Accounting, Sales and Distribution, Materials Management/Purchase process. Lately they have included Plant Maintenance, HR, Transportation and Service modules for easy operational process.

Today every industry is looking for an ERP solution to run their business smoothly. Like the manufacturing industry, process industry also has benefited most from implementation of eresource ERP system. Fleet Management, Construction, Chemical, Automotive and Trading Industries all are finding eresource ERP system as an affective business solution to overcome the market challenges.

Also Read – ERP for automotive industry

Apart from the above industries other industrial sectors like cement sector, power sector, and food sector are going for eresource ERP solution. Many construction and project companies have also implemented eresource ERP solution for an effective business process.

The SME segment in India has been one of the most aggressive adopters of eresource ERP software. eresource provides an ideal ERP for SMEs with affordable ERP packages. In fact almost 60 per cent companies in our client list are from the SME segment. This increase in the penetration level in the SME segment is attributed to the introduction of low cost eresource ERP solution.

Also Read – ERP for Plastic industry

The implementation of eresource ERP helped the SMEs to get aid in smooth inventory management, timely scheduling of production cycles and shipment of goods, managing human resources and online data communication.

The emerging trend in the ERP market shows a steady increase in the implementation of ERP system in every industrial sector. As a result, these industrial sectors have witnessed tangible quantitative benefits in the post-ERP implementation era.

The companies who implemented the ERP system must realize is that most of the time all the benefits are difficult to prove on statistical grounds as soft benefits like comfort in work life, maturity in planning, attitude changes, transparency, visibility etc are either practically impossible to measure or correlate such improvements to ERP implementation. For the real effect of ERP system, companies are supposed to set their objectives prior to implementation followed by measuring of the achievements after implementation, and only then should they conclude about the effects of ERP.

We must also remember that as the Indian market seems to be very encouraging for ERP implementation, the organizations must pay attention to the time-frame deployment. The structured implementation programme such as eresource ERP’s Guaranteed On-Time implementation, can speed up system deployment and return on investment.

Also Read – ERP for Manufacturing Company