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eresource ERP for easy business operations

ERP for Business Operations

Though it is commonly understood that an ERP system is important for an organization’s business success, many people doesn’t know why eresource ERP is an ideal application for many industries such as manufacturing, pharmaceuticals, chemicals, automotive, modular kitchen, fleet management, construction, and oil and gas etc.

There are still some organizations that run on many kinds of software that do not allow interaction and also cannot be customized. Due to this they are not able to optimize their business activities. The engineering design of the software will be needed in order to improve the product, and to follow the client’s behavior and choices since the first contact is quite important. Administration of the different receipts interdependence will be very complex, such as invoices regarding materials purchases, general expenditures or salaries.

All these operations can be made easy when you implement eresource ERP. The flow information is constant and allows you to follow a client’s processes at any moment, no matter which part of the process they are going through. Purchases and expenditures are registered in a centralized database which allows you to have close control over these activities.

Also Read – ERP for Plastic industry

Other important aspect of eresource ERP is that organizations can integrate marketing, sales, quality control, products processes, supply lines, stocks and many other areas in one single database. This will help in avoiding the occasional loss of information and other typographical errors. eresource ERP integrates all departments and functions across an organization in a single computer system that is able to serve all those different department’s particular needs.

eresource ERP systems also automate business processes by putting them into a useful format that is standardized and common for the whole organization, and it could even be used between their suppliers and customers. It captures data about historical activity, current operations and future plans and organizes it into information that every staff member can use to help develop business strategies.

Our ERP system integrates financial data. For the decision makers who want to scrutinize the company performance, reports can be obtained without any hardship. Every department will have its own modules with self function which can be easily shared as per the requirement of other sections.

Also Read – ERP for Trading industry

eresource ERP can be implemented in multiple sites of your organization which can be integrated to one main server. Being a web-based ERP, eresource can be accessed from anywhere and anytime. This advantage makes our system more flexible and feasible.

There are some organizations with multiple units and its HR department may not have a unified method for keeping employees’ record. eresource ERP can take care of this and there will be a unified method of functioning for the Human Resource department of the organization as a whole.

eresource ERP systems are exhaustively comprehensive and can be deployed in any major industrial units within a short period of time. eresource ERP systems were designed to be used by all the major industries mentioned earlier. It is the one of the most affordable ERP systems available in Indian market today.

Also Read – ERP for Manufacturing Company

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eresource ERP can raise the productivity to unprecedented levels

ERP & Productivity

In today’s changing business setup web-based eresource ERP is definitely an ideal solution. We are not saying it for the sake of saying. As everyone is turning to eBusiness, organizations consider web-enabled eresource ERP as their most important and strategic platform because it provides a solid foundation and information backbone for eBusiness.

Organizations that runs it operations on eBusiness, can accept payments – credit card payments, digital cash, etc – over the Internet. The use of electronic media for information and transmission and financial transactions greatly reduce the time required for completing a transaction at the same time automating the business process involved.

Also Read – ERP software for manufacturing

An efficient and completely integrated web-based ERP system like eresource ERP could capture and create accurate, consistent and timely relevant data, and assist in intelligent business decision-making. The effect of ERP/e-Business integration is will be clearly visible. The result will be reflected in every level of operations, ranging from reduced inventory and personnel level to improved order and cash management. It can also result in improved customer responsiveness, reduced IT costs and the availability for value-added activities.

Upmarket organizations are constantly modifying their client serving methods which also increases their profit margin. To achieve this positive result, organizations have to intelligently integrate the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.

Also Read – Transport management ERP

In the existing competitive business environment, businesses need to attract customers with personalized services. What the decision makers in an organization must realize that there is no consistency in the loyalty of a customer. It is always in fluctuating mode. As the information is freely flowing through the Internet, it is highly possible for the customer to switch loyalty without any indication when there are better quality services available in the market.

Therefore the organization should not waste time and must collect information about the customers and analyze it to find the customer preferences, purchase patterns and so on. To do this, companies must be occupied with an effective ERP system which could give them a properly supportive customer relationship management (CRM) module.

It is also to be remembered that just keeping customers happy and offering personalized service will not have any effect if the operating efficiency of the company is poor. In order to improve efficiency and to have better information integration, companies should have an effective Web-enabled ERP system in place. An efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.

Web-enabled ERP system, eresource also helps in making the enterprise operations go on-line. Any authorized person can access the required information very easily and that too by sitting anywhere and anytime.

Also Read – ERP Software for Construction Industry

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eresource ERP Eliminates disparities and errors

eresource ERP Eliminates disparities and errors

Web-based eresource ERP is becoming the best business tool that helps lots of mid-sized companies to maximize operational efficiency, cut overhead costs and compete more effectively in the market Since the introduction of an affordable, low-cost ERP from eresource ERP, many of the midmarket organizations also started to administer their businesses effectively using this latest technology.

Ideally, an ERP package should provide company with a solid foundation, incorporating all of the fundamental aspects of running a business. Expectations also run high when a company deploys an ERP packages. The company will gain from the ERP system only if the solution is a good fit for the company. And eresource is undoubtedly the number one reliable and affordable ERP system available in the Indian market today.

eresource ERP systems automate all routine works, which are carried out manually that waste staff time and often result in errors and re-work. This ultimately results in more efficient completion of day-to-day activities. The system enables the staff to perform their jobs better and get more work done in a shorter period of time.

Also Read – ERP Software for Manufacturing

Apart from this, with eresource ERP system, companies can understand which workflows are effective and which ones aren’t, so they can implement the kind of best practices and structured, formalized processes that will further improve staff productivity.

With the implementation of eresource the company can also reduce the inventory costs, manufacturing operating costs and administrative costs. eresource ERP system has its fingers in all aspects of running a business; its benefits are myriad and go beyond tangible cost reductions. It 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.

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

Also Read – ERP for Plastic industry

eresource ERP system creates a single, consolidated, centralized repository of timely, accurate business information that can be accessed by employees across the business. Every piece of data from every transaction conducted by every person in every department is handled, recorded, and managed by a single system, eliminating all disparities and errors in critical business information.

To achieve and maintain a competitive edge and maximize profitability, companies must operate as “lean” as possible. By increasing efficiency and minimizing redundant and overlapping back office tasks and activities, ERP systems can also help mid-sized firms to dramatically reduce their operating costs.

What all companies must remember that any company that do not have an ERP system in place will often challenged to create formal goals and metrics, and accurately measure and assess performance company-wide. eresource ERP system include pre-defined reports and executive dashboards that enhance strategic planning by making it easier to set objectives and monitor achievement.

Also Read – Construction ERP Software

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What makes eresource ERP different?

eresource offers web-based ERP software for all major industries including Manufacturing, Pharmaceuticals, Construction, and Modular Kitchen etc. Our ERP system is available on a filtered modules basis, so that you only purchase and maintain what you really need. We have categorized it in three phases starting eresource ERP Light, eresource ERP Pro and eresource ERP Enterprise. All these categories are developed with taking into consideration of all needs of the users.

eresource manufacturing ERP modules help manage and monitor work in process on the factory floor. We provide a comprehensive collection of plant maintenance modules which takes care of all plant maintenance with utmost efficiency.

eresource ERP system software is designed to improve productivity and operational excellence. Organizations that implement eresource ERP software could benefit from checking the cycle-time, which is the total time to produce an order, as an important key performance indicator.

By implementing eresource ERP system, organizations could also enjoy the benefits of Greater visibility and control; Reduced lead time; Reduced manufacturing costs: Increased production; Reduced work in process; Reduced inventory; Improved product quality ; Reduced defects and scrap; Reduced cycle time; Improved traceability and Reduced paper work, data entry, manpower.

What is unique about web-enabled eresource ERP system is that it addresses the integration of business process that extends across the enterprise and its trading partners. Our ERP system forms the basis of Internet enabled eBusiness and collaborative commerce.

Prime advantage of web-enabled eresource ERP is to give customers and partners access to scheduling, delivery, inventory, manufacturing, invoicing and planning information. Over the last few years, solutions like CRM and SCM have leveraged the Internet to support these processes. eresource ERP system incorporates them all in a single package.

To compete with challenging business world companies needs to be open in its business approach and must reach out to its collaborative partners. Our ERP system will enable businesses to compete by providing information on-line and adding real value to businesses of all types and sizes.

To be success in business companies need information to be more readily accessible. They must also have the real-time access to their business information to manage timely decision making without having to get out of their seats. eresource ERP system helps the decision makers to manage the business with a click of their mouse’s button. Top management personnel could monitor key business information real-time and that could help track the health of their business.

Having said about the eresource ERP advantages and its benefits, the actual result will be visible only if the ERP solution has been implemented and operated in a successful manner. The entire organization and its operational methods should bring under ERP system by delivering consistent, measurable processes and up-to-the-second information that supports profitable decision-making.

eresource could boost the power of ERP by offering 24×7 accesses to business information and business intelligence irrespective of the geographical location of the user, enabling him or her to make timely decisions.

Also Read – ERP for Construction Industry

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eresource ERP system brings transparency, responsibility and accountability

Effective ERP System brings Transparency, Responsibility and Accountability

Agility is the watchword There is only a simple answer to the question raised by organizations ‘why they must implement eresource ERP?’ The answer is – to simply complex process. As you may be aware that as far as a business establishment is concerned process capital can positively affect customer capital and customer capital ultimately affects business performance. Companies implementing eresource ERP can build process capital to meet the challenges of the competitive market environment.

Impact of eresource ERP can be visible in the business process and operational methods right from the implementation stage. eresource ERP can have an effective influence on the business process in short span of period. We have ample proof to prove our claim that eresource ERP can bring a significant impact right from the time its implementation in the organization.

India’s leading web-based ERP Soluion eresource can be an eye-opener for any organization because they get to realize the benefits and operational methods involved in modifying the business process. What is to be remembered before an ERP implementation is that organizations must be fully prepared before going for an ERP implementation to get the desired result. The role of managers and other decision makers in the organization plays an important role for the success of any ERP system from the implementation stage.

eresource ERP enables interactions and healthy relationships among departments in organizations which would have otherwise remained isolated. The problems of co-ordinations faced by each department are solved with implementation of effective ERP system like eresource. Organizations that have decided to implement eresource ERP can expect an extremely close assistance from a team of expert who will able to identify the flaws and guide the organization in devising better procedures. It helps organizations to adapt and adjust to change right from the implementation process.

eresource ERP has directly and indirectly helps to redefine functions in an organization. Anything that people wanted to know about the company and its operations will be available by a click of the mouse. There was no more relying on the department of internal communications even for single information. Outsiders don’t have the hassle of obtaining permission and following stringent procedures to access information.

eresource ERP also helps the employees of organization in big way with their routine work procedures. The system provides more freedom, authority and responsibility to the individual employees which were mutually beneficial to the management. Every user/employee became more aware of their function while eresource ERP has given the confidence to execute it individually and successfully This way of working style results in transparency and accountability.

The work of employees becomes more easy and independent and they also able to keep track of work happening in other department or section related to their work procedure. This total transparent and reliable and flexible method of working mode boost the confidence and royalty of the employees that ultimately brings the goodwill to the organization.

Also Read – ERP for Manufacturing Company

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Purchase module in eresource ERP streamlines procurement of materials

Purchase Management module in eresource ERP streamlines procurement of required Material, packaging material, sub assembly and other non-inventory materials. It automates the processes of identifying potential suppliers, Supplier Evaluation, Supplier Quote Evaluation, awarding purchase order to the supplier, and billing processes.

Purchase module is tightly integrated with the inventory control, Sales and Finance Module ERP Modules. eresource ERP flow of supply guarantees the integrity, tracking and homogeneity of the entire process. Each document in the supply process is based on the information contained in the previous document, so that repetitive introduction of data and human errors are avoided. Through eresource ERP Software, to navigate through different documents that conform to a determined flow (order, supplier’s delivery note, invoice, payment) and know in information at the real time for any order (pending, delivered, partially delivered, invoiced, frozen, etc).

eresource ERP never encourages the purchasing of anything without valid requisition.

All quotation received from the vendors can be evaluated on the basis of Quotation Comparison. Purchase Order in eresource can be generated on the basis of Approved Quotation or also Direct PO can be generated. Direct Purchase Order is usually generated in the case of Rate contract with the supplier.

  • Purchase planning, based on necessities, keeping in mind minimum stock levels, goods receipts dates, and pending requests.
  • Material Requisitions & Request for Quotation definitions
  • Purchase orders, prices and discounts, warehouse control of goods pending receipt, correction of orders, and creation of purchase orders from sales orders.
  • Receipts. Automatic creation from pending order lines. Automation of incoming goods (location according to priority).
  • Purchase invoices, automatic creation from order lines or delivery note lines pending invoicing.
  • Relationship between orders, delivery notes and invoices.
  • Expense invoices.
  • Purchasing order reports, vendor invoices.

Also Read – ERP Software for Manufacturing

The standard purchasing flow in eresource ERP is as follows:

  • Orders are planned to cover customer and production requirements.
  • Messages are created identifying item, priority, and release timing.
  • Orders are reviewed; vendors, quantities, terms are changed and approved.
  • Orders are sent to the vendor through email.
  • Receiving process inbound material according to quality specifications.
  • Receiving routes materials based on production and customer requirements.
  • Accounts payable is updated from receiving process.

Also Read – ERP for Automobile Industry

The procurement cycle for a service or material in our purchase management module in ERP are described hereunder:

Determination of requirements: Materials requirements are identified either in the user departments or via materials planning and control. (This can cover both MRP proper and the demand-based approach to inventory control. The regular checking of stock levels of materials defined by master records, use of the order-point method, and forecasting on the basis of past usage are important aspect of the latter.) User can enter purchase requisition, or these can be generated automatically by the materials planning and control system.

Source determinations: The purchasing components helps one to identify potential sources of supply based on past orders and existing longer-term purchase agreements. This speeds up the process of creating requests for quotation (RFQs), which can be sent to vendors electronically.

Vendor selection and comparison or quotations: The system is capable of simulating pricing scenarios, allowing one to compare a number of different quotations. Rejection letter can be sent automatically.

Purchase order processing: The purchasing system adopts information from the requisition and the quotation to help one create a purchase order. As with purchase requisitions, one can generate POs himself or have the system generate them automatically.

Purchase order follow-up: The system checks the reminder period one has specified and, if necessary, automatically prints reminders or expediters at the predefined intervals. It also provides one with an up-to-date status of all purchase requisitions, quotations and purchase orders.

Goods receiving and inventory management: Goods receiving personnel can confirm the receipt of good simply by entering the PO number. By specifying permissible tolerances, buyers can limit over and under-deliveries of ordered goods.

Invoice verification: The system support the checking and matching of invoices. The accounts payable clerk is notified of quantity and price variances because the system has access to PO and goods receipts data. This speeds the process and auditing and clearing invoices for payment.

Also Read – Construction ERP Software

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Businesses in India march ahead. From what is an ERP system to which ERP system?

What is an ERP system – Over the years the concept of an ERP System has witnessed massive changes in the business arena. From the question what is an ERP to the questions asked by majority of the business community today is which ERP to be implemented? Therefore the progress from what is an ERP to which ERP shows the growth of ERP system in the business sector. As the benefit from an ERP system started taking business to much higher level, companies have realized the importance of investing in an system that not only bring good return on investment but also helps overall progress of their business process.

In the competitive business field, the heat is started to feel by the large and small as well as midsize companies. They have left not much sleeping time for important decisions. Challenges faced by them started increasing day by day with ever-growing competition and their survival based on how they will overcome these challenges. There were no short cuts. The scenario has become survival of the fittest. Businesses have realized that the infrastructure, whether it is in the form of man power strength or the software system, must be streamlined and handle the workload successfully on a time bound basis and help deliver the result in a desired manner.

Customers are the backbone of a business. The relation with your customers must be maintained a high level quality to achieve success in the business. The faith their customers keep with them is very important and to gain that faith businesses need to have an ERP system with good customer relation management module.

Professionals from eresource ERP System identify the requirement of every department through a comprehensive analysis before the development of the ERP System for an organization. All the details including the production details such as the raw material requirement, stock available, stock to be ordered, delivery time, production details, man power required, time required for production and all that need to bring out the product on time on a required manner are taken into consideration before the actual development of the system. eresource ERP System also has the facility to send out emails alerts to other departments/braches and customers whenever necessary.

eresource ERP systems promise to integrate an entire business with a suite of software modules covering activities in all areas of the business. Furthermore, our ERP system is now being prompted as a desirable and critical link for enhancing integration between all functional areas within the manufacturing enterprise.

eresource ERP system has been defined as a packaged business software system that allows a company, to automate and integrate the majority of its business processes, and share common data and practices across the enterprise. Through integration of various functions in the organization, managers and staff alike can use timely information to make better decisions and to perform activities, which add value to the company.

Most of the time ERP implementation has been considered a costly affair, which forces many small and medium scale companies shying away from implementing it. eresource ERP system has become answer to all these worries as this ERP system has become most affordable and effective ERP for SMEs in India. Write to us for your requirement and the quote. We will get in touch with you soon with a comprehensive report on your requirement and quote.

Also Read – Manufacturing ERP Software

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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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Is your ERP system ripe for replacement?

What is the need of ERP software? Some may ask. The answer is not simple. Though we must understand that today there are lots of midsize companies face challenges specific to their industries. Businesses that make consumer product goods are concerned about regulations and reporting requirements, while public-sector organizations are worried about maintaining customer loyalty. Also, manufacturers are concerned about the commoditization of their products. A robust ERP package can help address these issues, as well.

Though some companies have already implemented an ERP there are still many who don’t have any of these systems. At the same time, it is also to be noted that many ERP implementations in the midmarket are quite mature and ripe for replacement.

Many midmarket companies must now also choose an ERP system on which to standardize after multiple systems were installed, perhaps through mergers, across the enterprise. Although it’s not necessary, midsize companies seem to prefer consolidating their business-management applications in one ERP package, at least in part to cut down on integration headaches.

Vendors are aggressively vying for customers, launching new ERP solutions designed to meet needs particular to the midmarket and pricing them to meet a midmarket company’s budget. To further entice midmarket customers, vendors are also developing vertical solutions that target certain industries, such as manufacturing, pharmaceuticals, fleet management and construction, with built-in functionality that cuts down on customization.

In an effort to simplify the notoriously difficult implementation process, vendors are also developing ERP systems that can be delivered in ways friendly to organizations with limited IT resources. Web-based ERP solution has become an ideal system for many of these mid-sized organizations as it is very cost-effective with easy implementation process.

There are some companies that may try to develop its own ERP system in-house. Since designing and implementing ERP systems is not the business of most companies, the systems developed by the team will never equal in quality, scope, functionality, or technology with those created by software firms. These software firms or ERP package vendors can produce sophisticated packages and provide their clients with products that allow them to maintain a focus on their own chief activities, thus improving revenues, profits and shareholder returns.

Thus, it always better to buy ERP packages ERP systems are getting better, bigger and have more features. Also, people who are specialized in developing such types of tools have developed them. Most of the tools would be customized to suit your needs. So unless and until your project or organization has a need that cannot be fulfilled by the available tools, it is better to buy the tools rather than make them.

Also Read – Live ERP Software Demo

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Adopt global best business practices

Adopt global best business practices

Best practice is the process of finding and using ideas and strategies from other companies and industries to improve performance in any given area. Business has used best practice bench marking over the decades and realized billions in savings and revenues in all areas of business operations and sales.

‘As-Is’ best practice addresses or includes the present practice followed by the specific company which is planning to implement the changes required to keep itself in the league of other top companies in the industry. This is done in all functional areas like HR, Operations, Finance, and Maintenance. etc.

‘To be’ best business practices are generally the best practices which exist in the industry and have been refined over a period of time. Companies should aim at adopting their industry specific best practices for their future benefit. Preventive maintenance, activity-based costing etc. are considered as best practices.

‘To be’ best practice includes some of the practices which are already adopted globally and are taken as industry standards for swiftly operating businesses in a competitive global scenario.

Also Read – Significant changes in business after using cloud ERP software

Some of the best practices that can be adopted are as follows:

Information Liquidity

Much like cash liquidity, the liquidity of information is a measure of business success. In a successful company, data flows smoothly and information is transformed into economic value. Information liquidity is obtained by integration of processes and systems at all levels. Integration should be the driving force behind design, methodology, development and deployment of all IT systems.

Availability

As most companies become more and more dependent on IT, it is very important to ensure the maximum availability of the eservices. This does not mean that all IT systems have to be absolutely flawless and foolproof, but good through has to be given to what could be the consequences for the company if all or part of the IT services are temporarily unavailable, and what can be done to minimize these consequences.

Agility

Market changes constantly and so does legislation and technology. It is said that the product life cycles and their time to reach the market are getting shorter and shorter. As a consequence, IT systems have to be built for maximum agility. Cross-compatibility, reuse and lightweight functionality are the ideas to be considered.

Costs

Especially in times of economic slowdown, the costs of IT are under constant scrutiny. Unfortunately, it is very difficult to quantify the benefits of IT in terms of money and it is relatively meaningless to approach IT investments singularly from an accountant’s point of view. These costs also have to be related to non-quantifiable benefits for the company.

Also Read – How ERP software is beneficial for pipe manufacturing industry