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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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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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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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Innovation is a never-ending process with eresource ERP

ERP Innovation:

eresource with its new ERP innovation and industry specific ERP system for every industrial verticals getting wide acceptance in the ERP market. Our Cloud ERP products are leading the way in providing a better user experience In terms of implementation and customization, As the mobile technology is being the buzzword, eresource is concentrating and deploying application that will easily compatible with various mobile operating system.

eresource on the path of providing powerful and easy-to-use mobile interface for its ERP application. Our efforts are to bring our ERP applications to a fully mobile devices compatible which will allow users to complete actions using a mobile device.

For the mobile device usage, there is a strong need of improvement of the ERP user interface. Increased productivity and better user engagement are the main benefits for using a ERP application effectively. Reducing the processing time to minutes or seconds can bring lot of benefits to the business process. For service and support departments, that productivity improvement provides excellent benefits.

Also Read – ERP for trading company

Fact is being that, there are still some organizations those are running on its legacy applications and are not interested in changing them immediately. it is essential for these organizations to begin by asking what their users want rather than forcing them to work on with the their old legacy system.

When you think of improving the ERP system or replacing the legacy system, there are many options available. Though the exercise may not be much easier, it is not difficult. Mapping out the current practice and steps staff use to accomplish work is an excellent starting point. With this process, companies can gather together software experts and the end users. The next step is to have the end users complete ten or twenty work tasks and narrate what they are doing. By understanding the workflow experience, IT managers and developers can identify ways to build a better ERP. Improvements may take the form of improved forms, eliminating steps or providing better integration with other departments.

A normal scenario in the ERP market is that many companies that are planning to implement or upgrade an ERP system is not guided properly. Not knowing which ERP system to choose, they end up selecting the wrong one which not only turns out be useless but also lot of money going into the doldrums.

eresource helps its customers with a thorough evaluation and selection process to identify the ERP modules that would best enable their future business requirements and corporate growth objectives. Eresource gather primary data to measure our whole system in general and modules in particular against your unique business and technical needs. We also identify the total cost of ownership to identify the right price for our customers. The result helps our customers to make a clear capital budgeting decision.

Also Read – ERP for Plastic manufacturing

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Stimulate your business by choosing right ERP

Stimulate your business by choosing right ERP – eresource ERP software

Having discussed in details about the user’s role in successful ERP implementation, it is time to look into the other element which is the consultant or you may refer them as vendor or ERP solution providers.

The task of selecting a suitable consultant is very important and there is no point in cursing the consultant later for their poor performances. There are various reasons behind poor performance and the prime being the poor industry knowledge followed by lack of knowledge on client’s key success factors. The other factors are lack of understanding of user’s perspectives and also limited consulting experience.

A soft approach towards customer and user is a way to show the consultant’s integrity, which many consultants do not possess. Adamant attitude will help bring only unfruitful result. The problems should be solved with loyalty and dedication, which will boost morale of both the customer and the user.

Unfortunately, this does not happen with every consultants, which prompts some company to believe, ‘consultants know nothing; they come here, learn from us and then vanish one day for the self-betterment without solving our problems.’ Interestingly, in many cases, consultants are not blamed for their poor ERP product knowledge, but for their approach.

Contradictory to the above, Eresource ERP clients are extremely happy with our product service as well as our approach. All of our personnel are professionally qualified along with long years of functional experience.

A good ERP consultant should be an equally good business consultant too. This may help in reengineering of existing set-ups in the client’s side to improve ERP performance.

To improve ERP performance it is very important to focus on reengineering of existing set-up in the client’s side. The expected qualities of the ERP consultant are that they should have adequate level of pure functional experience, a deep knowledge of ERP product, must possess good HR skills with convincing abilities and eye for process improvements rather than automation. They should also have a cool head with a composed personality.

Many a time consultant needs to encounter various ‘orphan’ activities and deal with them in a proper manner.

The following incident will indicate why an efficient consultant is needed to address these issues. The design department in an engineering company used to claim that making Bill of Materials was their job, but selecting and arranging branded components required by customer should be the purchase level decision. And the problem was, purchase may select some economical brand, which in turn affects the performance of some other assembly, hence, again, the design department comes into picture. The process was continuous and creates a lot of back and forth interactions for one decision. Users were demanding the automation of such discussions across departments in ERP.

Also Read – ERP system for automotive industry

In this circumstances what to be done by the consultant is to revamp the whole process of BoM structuring in the organization. They must convince the client to form a cell of BoM structuring for complicated customer configurations. The cell consists of each user from marketing, engineering planning production, purchase, and also from accounts. In fact, by doing this the consultant had reengineered the functional set of the organization into a temporary process set-up for improving decision-making quality and speed.

Eresource ERP consultant follows a few general guidelines regarding BPR preparations required during consulting.

It is the job of consultants to take only the policy decision from users on various scenarios and then design, map and implement and process suitable to user’s culture. In such cases, it is better to avoid more discussions.

For example, in one company, the same item was available in domestic as well as in imported market. The price difference was high. Since the company follows standard costing, ideally there should be different identification for the same item having such price differences to account for inventory costs separately because it has not implemented Lot Control Module. The company was unable to understand the need of separate code of them item. In this case the consultant must be able to convince the accounting repercussion to hardcore functional guy from stores. Since the user doesn’t understand commercial, operational and legal implications of the process completely in the ERP, consultants should exhibit dominating role in such cases to ultimately give the best out of ERP to the user.

The consultant who can manage the implementation with the above qualities and techniques can be classified a genuine, reliable and a simply good consultant. Without doubt, eresource ERP stands tall here.

Also read – ERP for Plastic Industry

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Brain of your planning activities- ERP Scope

ERP Scope:

eresource ERP is a modular solution built for vertical enterprises, which supports Sales, Purchasing, Supply Chain, Inventory and Material Management, Quality, Research and Development, Production, Quality, Finance, Human Resource, and service functions, amongst others.

eresource ERP’s major strength lies in the manufacturing module in ERP that provide multiple benefits. eresource, ERP is key to business process automation. eresource ERP helps you control your day-to-day business, irrespective of whether the day is spent on the shop floor or around the board table. Once implemented, eresource ERP will be the heart of your manufacturing business, the wheels of your distribution channel and the brain of your planning activities

eresource ERP is the most reliable enterprise resource planning application, providing organizations with the strategic insight, ability to differentiate, increased productivity and flexibility they need to succeed. eresource ERP helps drive innovation and supports future of your organization.

eresource ERP benefits at a glance

  • eresource ERP offers the functionality you need to increase efficiently across your enterprise.
  • Completing daily task efficiently – Business automation
  • Integrating department for real time collaboration and security.
  • Linking branches, factory, sales, purchase, dispatch/delivery, supply chain management spread across different geographical location at real time.
  • Uniform monitoring system for customer, suppliers, vendors and partners
  • Managing organized and streamlined business process – purchase, sales, Inventory, billing, production, receipt, payment, HR, Taxation, Excise and Exports.
  • Maintaining efficient product catalogue.
  • Keeping day-to-day track sales, dispatch & payments
  • Calculating accurate production costing
  • Accessing consolidation financial information
  • Accessing daily report without depending on anyone.
  • Timely Delivery and reducing inventory yet maintaining production cost.
  • Maintaining best practices and introducing Industry best practices
  • Ensuring that everyone in the organization is responsible and accountable

Also Read – ERP for Plastic industry

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Right time to implement ERP software

ERP Software Implementation

Recently, due to the economic slowdown, there was little concern whether investment in the ERP by companies may decrease and the number of implementation will drastically come down. But it has been proved that these are speculations without any ground and during the last year growth of ERP software implementation have gone up tremendously and companies have realized that their decision to go with ERP has brought them a good return on investment (ROI).

Though reasons to implement ERP system might vary depend on companies, there are some common reasons for many companies to implement an ERP system at this time.

The primary reason is a slower economy that affords companies the opportunity to use their resources and implement the ERP system software successfully.

The second reason is that many ERP software vendors are aggressively pricing their solutions in response to a slowing economy situation; clients are now able to procure an ERP solution at a lower cost than in years past.

And the third reason is that some clients are continuing to grow despite, or as a result of, the current economy, and these companies are investing in enterprise software that can help them scale for growth.

Also Read – Streamlining manufacturing operations with ERP software

Whatever the reason may be, what we would like to emphasis is that implementation of an ERP system will definitely will improve business performance. Companies also must take initiative to replace an old ERP or legacy system to increase efficiency and to standardize global business operations.

Choosing the right software is not the only criteria while implementing an ERP solution. You also must make it sure that ERP enables measurable improvements to your business. In choosing an ERP software package and planning for the overall project, executives need to make decisions based on objective, unbiased information rather than gut feel.

Companies must be well prepared before going for an ERP software implementation and must embark on a thorough ERP vendor assessment and selection process.

Companies must also know before making a decision to implement an ERP system that what the company want to accomplish by taking on this challenge. ERP implementation should be carried out only after a study of impact of pros and cons that could bring to the company in its business process and return on investment.

Success of an ERP modules will also depend on how it has been used. Proper training to the staff is very important when it comes success of an ERP system. In addition to training to employees to use the ERP system efficiently, executives should use the process of defining ERP business requirements as an opportunity to improve current operations, efficiency and effectiveness. The last thing a company should do is implement software to automate the same flawed business processes.

Many companies implement ERP to automate their business process and this is where they fall flat. As mentioned above companies must study the scope of the ERP system they implement well before implementation and must make use of all its operational methods and utilization properly to achieve a positive result along with automated operational methods.

Also Read – An ultimate guide to implement ERP software in Construction company

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Keep your ERP database fully protected

ERP Database Protection

Every company has confidential information about its business strategies and other details which are considered be very highly important data. Therefore, it is important to see that this database does not fall into the wrong hands which could pose severe consequences for the company.

Many steps can be taken to enhance the company’s ERP database security. Role-based IDs and passwords will ensure that users can access only the data they are authorized to view, based on their job function or position within the company. A practice of changing the password on regular basis by the users will be a good habit that could act as a ideal ERP data protection. And, data encryption, firewalls, and other measures can help you keep hackers, cyber-criminals, and other outsiders far away from your ERP software database.

As you know an ERP database is perhaps one of the most vital assets the company owns. Keeping that ERP database protection from threats such as security breaches, performance issues, and technical breakdowns is crucial to ensuring continuity and consistency in your most important business activities.

When there is a threat to your ERP software database all the major operations of your company such as human resources, production planning, procurement, accounting and finance and other critical back-office function could become standstill.

But this kind of a security threat could be eliminated with advanced administration techniques. A good security backup could ensure that your ERP database is available and readily accessible at all times. By monitoring performance around-the-clock, system administrators can immediately identify and troubleshoot problems, to prevent productivity slowdowns caused by down time. Additionally, mirroring your ERP database using redundant servers can provide a much-needed backup that can be utilized in the event of a major system failure.

Also Read – ERP web advanced features

Companies must also be prepared with other disaster recovery management. Today there are few companies that are prepared in the event of a major fire break out or a flooding situation. To face this kind of natural disaster the companies must be occupied with well-designed back-up plan in place. Loss of critical information and database could cost your company millions of rupees and will take your company back to years in terms of business growth.

Today most of the companies see the opportunity to implement ERP system as to replace all of their old legacy business applications which can make their business operations more efficient with right security support. It is also to be remembered that when putting measures in place to protect your ERP environment is to not only safeguard the ERP database and related systems, but to secure all other systems that share information with it.

Also Read – Features and Benefits of ERP systems in the food industry

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Web-based ERP can boost your business

Web-based ERP Software

Successful organizations are continuously modifying their methods in serving their clients which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate ERP system in their business management process. An effective ERP system gives the solid foundation to the supply chain which enables information; material and money automatically flow up and down the supply chain at high-speeds without any glitches.

Of late many of the organization consider Web-enabled ERP as their most important and strategic platform because it provides a solid foundation and information backbone for e-business. When a business application like an ERP system is enhanced with the e-business capability, i.e. making it a web-based e-business enabled ERP, they supercharge each other. e-business is the best vehicle to share business information with partners for creating major B2B synergies.

A fully integrated web-based ERP software will capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The impact of ERP/e-Business integration is substantial, ranging from reduced inventory and personnel level to improved order and cash management. It also results in improved customer responsiveness, reduced IT costs and the availability for value-added activities.

A clear advantage of the web-based ERP software is that remote users like executives and sales representatives can access the company system with any browser, which is much more convenient than going through a laptop configured for Terminal Services. A quick and on-time implementation of the solution can be done on your existing configuration set up. That means you do not need to upgrade your network for Windows/Exchange Server and SQL Server database.

As you would have come across more suggestions on ERP, selecting the right one is crucial. The term “Hosted Solution” is rapidly catching up, on account of its own benefits. A web-hosted solution ensures a lower outlay and predictive spread of cost over time. You have a substantial saving in cost (on both the software and hardware, licensing) that can be better invested in your business process.

Web-based ERP removes your headache from the Investment made towards time and cost in the maintenance of the server & other hardware. When you go in for a web-based ERP, you can start using it from day one and can eliminate all trouble shooting and other related technical snags. Most of the hosted applications are like off-the-shelf software. The web-based ERP applications are available to you anywhere and at anytime from a simple browser.

Also Read – How construction ERP software is useful for civil work?