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Emergence of eresource ERP software a boon for many industries

Emergence of ERP Software:

Initially, during its launch period, eresource ERP was mainly associated with manufacturing sector and all its developments were focused on in this industry. Majority of the manufacturing segments have relied on eresource for their logistic, supply chain and ware house ERP solution. eresource ERP has made its stamp on this sector and till today we have succeeded in keeping our superiority in this sector. The benefits received by the sector stood a testimony to the above statement.

In the later stage, we have started realizing that there are other industry sectors, which are getting deprived of the benefits of an effective ERP solution. This was due to unavailability of an affordable ERP system to match their needs or lack of an ERP system which could offer a suitable solution to their industry standard. eresource ERP overcame this limitation and offered a solution suited for all industries and sectors. Another encouraging fact is that the solutions offered equal benefits to the other sectors as well.

ERP was a complex application when it comes to the question of handling functions. Many of the ERP packages available in the market were more prone to serving individual functions. Even though some of them served multiple functions they did not always cater to different functions from different category. But it was not the case with eresource ERP. It could not only integrate different functions from different departments but also different function from different industries.

There was time when an ERP solution was an exclusive internal solution of an organization and many people 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 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.

Also Read – ERP for Plastic industry

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eresource ERP can bring unimaginable benefits to SME’s

If the current trend to be analyzed, it will become clear that ERP solutions are the effective business application not only with the larger companies but also for majority of the SMEs India. There are numerous reasons that have contributed to the popularity of ERP in mid-sized businesses.

As many smaller companies embark on aggressive growth strategies, they are finding that ERP solutions provide them with a strong business process and technology infrastructure to support growth. The strong presence of information technology and affordable prices of computer have made it possible even for the small organization to think about the ERP systems. The new era of web based ERP applications such as eresource ERP and the advantage of working from anywhere anytime facility that all have contributed to the deployment of ERP systems in majority of the companies.

Enterprise Resource planning helps SMEs to enjoy unimaginable benefits. But there is a misconception going around that only the big players can satisfy the requirements even though the recipient is a small concern, when in reality it is the solutions like eresource ERP applications are more flexible when it comes to customizations.

Also Read – ERP for Process Manufacturing

Catering the need of SMEs are becoming a challenging work for most of the ERP vendors. Since there are too many SMEs in the market they look for a cost-effective ERP solution.

The small size of the companies proved to be another challenge to the vendor. That is because for many ERP vendors it has become practically impossible to offer an effective ERP for SMEs on their low budget. However, eresource has succeeded in this arena by providing filtered ERP as per the need and budget of the SMEs. With filtered ERP the customer has the choice to select the basic modules which is required to run their business more effectively and profitably.

Another factor is that the bigger players have a trouble when it comes to offering solutions for mid-sized businesses. The level of customization and the work demanded by the SMBs appears to be too much for a bigger player. Moreover their businesses have always been focused to corporate giants. So when it comes to the question of SMEs it takes a great deal of time for them to understand the business and design software programs based on modality.

eresource ERP also proved to the SME world that the argument of only a big player can satisfy the requirements even though the recipient is a small concern is completely wrong. Success story of our numerous SME clients proves that this argument has no credibility.

Also Read – ERP software for Manufacturing industry

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An ERP system to meet the need of customers across diverse industries

Diverse Industry ERP system while choosing Enterprise Resource Planning solutions, mid-sized enterprises must balance their long-term needs for innovative solutions to drive the next level of growth with their existing resources and short-term trends for quick return on investment, low-cost of ownership and minimum disruption to current operations.

SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.

With the complexity and global reach of today’s business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control.

eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries.

Access your business-Anytime-Anywhere Web-based eresource ERP simplifies back-office process automation for mid-sized and growing business. It provides real-time information about finance, order management, purchase, inventory, employee management, e-commerce and much more. With web-based ERP software solution, you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.

Our Enterprise solutions include inventory control, warehouse management system, manufacturing software, invoice tracking, software sales module, production planning, logistics software, HR, purchase management, accounting module etc.

The integrated and cost-effective ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs.

With eresource ERP system in place organizations can have the following advantages:

  • Staff will be able to interact with other staff and keep record of their work sharing and reporting – to speed up jobs.
  • Give regular instructions to staff from any part of the world
  • Get reports from them from any part of the world
  • Customers will be able to login and know the status of their job and they will be able to send specific communications about specific orders without any delay.

Also Read – ERP for trading business

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Construction industry to benefit a lot from eresource nfra ERP

Benefits of ERP for Construction Industry:

One of the biggest challenges for any construction company is in estimating cost of construction, which in turn helps it in containing overheads and expenses. Since the projects are usually spread over many years, aligning the projected cost with the actual cost becomes difficult. The challenge becomes manifold given that most companies deal with large project and huge volumes.

For example, one of the major construction companies in India was also facing the same challenge. For this company, at any given time there would be at least 50-60 construction projects running concurrently. The departments were maintaining the data in different files using different Excel charts. The accounts department was maintaining a separate software package but materials and purchase was not linked to these. Moreover, much of this data was lying in site offices, which was not connected to the head office.

Whenever there was an enquiry, each department would have to pull out the information and consolidate it for the report. The entire process of collecting and collating information from various departments was being done manually. This not only slowed down the decision-making process but also create power centers within the company. This made it very difficult to do real-time cost estimation of different projects.

eresource implemented an effective ERP system within a short period after the company approached with the demand for a suitable ERP for construction which would connect all functions and projects to a centrally maintained database system.

In the first phase eresource ERP implementation several modules such as financial, material management, marketing, project planning and control and so on. The solution was customized to meet the needs of a large construction company. For instance there is a module on the bill of quality that helps in project cost estimation, by breaking down each project into activities. Each activity is then broken down into till of materials of material, labour and equipment. Another module helps in material requirement planning on the basis of the work projection of a particular month/week.

The marketing module enables the company to send information to all its customers from its database whenever they launched a new project. The module also helped the company track all the pre-sale and sale activity, right from the time a customer posts a query to the closure of the sale. The module helps to take care of the company’s all marketing. It has made the planning and forecasting of demand extremely easy. It also creates ripple effects in the company where all departments like purchase, materials and stores now get aligned with the forecasts.

Also Read – ERP system for automotive industry

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Competitive Advantages of Highly Effective ERP System

Advantages of ERP System:

Effective ERP system in many organizations it is the accounts and finance departments which are the biggest supporters of the ERP implementation. This is because by using sales and operations planning process, they will be able to tie financial implications to the forecasts and determine where the organization should be headed financially for the period, year or even longer. This information can be used to insure that you meet bank forecasts, growth forecasts and increase the value of the organization.

For any organizations, if you can achieve the sales targets the departmental budgets generally fall in line so that profit goals are met. Use this process to plan for profits, growth or to manage through difficult period.

It is a fact that it is easier to implement the accounting applications than those for resource planning. This is because less time is typically required for process definition and also because the implementation path is more straightforward. Most companies that have some sort of a computerized information system would have computerized their finance and accounting processes. The reasons for this are based on the relative immaturity of effective formal resource planning and scheduling processes versus the high degree of maturity on the finance and accounting side.

Finance and accounting people have an important role to play in the ERP implementation projects. In addition to implementing their own new processes, they have role to play on the ERP executive committee, the project team and spin-off task forces.

They will need to devote some time to getting educated on ERP system. It is necessary for them to understand the logical structure of ERP benefits to be achieved from running the business with only one set of numbers and the competitive advantage that highly effective ERP can provide.

Also Read – ERP System for Trading company

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Operational efficiency with ERP and eBusiness

Some of the organizations may be wondering why a Web-based ERP application is needs to be implemented. The answer is simple. A well run Web-enabled ERP system will make the entire value chain very powerful. The companies that have successfully implemented ERP system will become the masters in helping other suppliers to integrate ERP and eBusiness to create a Web-based extended ERP environment.

Anyone will agree with the point that the traditional businesses spend a lot of time, effort for communicating business information and making and accepting payments. But eBusiness do the same thing over digital networks. Thus, the savings in terms of time, effort, error reduction, etc, are quite dramatic.

With making its operations eBusiness, the organizations 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.

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 eBusiness. When a business application like an ERP system is enhanced with the eBusiness capability, i.e. making it a web-based ebusiness enabled ERP, they supercharge each other. eBusiness is the best vehicle to share business information with partners for creating major B2B synergies.

A fully integrated web-based ERP system like eresource ERP 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.

Also Read – ERP for Plastic industry

The 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 the supply chain, so that information, material and money automatically flows up and down the supply chain at high-speeds without any glitches.

Organizations also need to woo the customers with personalized services. What every top people in the management side must realize that is in today’s competitive world, there is no consistency in the loyalty of a customer. It is always changes. In this age of Internet and other fast phased communication era, information is freely available and 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 it must have a good customer relationship management system (CRM).

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.

Also Read – ERP for Trading Company

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Agility is the watchword for business

Agility is the watchword for business:

Understanding the nature of your business is very important. Production takes places in all kinds of business as well as non-business operations. For example, production in a hospital is related to the process of serving meals to the patients, performing surgeries, taking and reading X-rays, conducting physical therapy, cleaning rooms and receiving payments.

Supermarket production operations include ordering and pricing inventory, stocking the shelves, packaging and displaying products, and so on. Government issues permits and licenses, collect taxes, register voters, provide police and fire protection, and so on. Contractors construct, repair and demolish buildings, build highways and bridges, and landscape parks. Similarly banks grant loans, cash or issue cheques and handle deposits and withdrawals.

Production process vary greatly in complexity, production time and the amount of resources, information and planning needed and the number and type of machines and employees needed, and the number of employees and machine needed. The production of a car takes time and requires a variety of very expensive machines and high skilled employees, typing a letter on other hand is a short process using mainly a word processor.

Competition in the future places increased emphasis upon time as expected by speed, quality and global focus. Agility is the watchword for business. Manufacturers are measured by their ability to react quickly to sudden, when unpredictable change in customer demand for their products and services. To compete successfully in today’s business environment, requires an effective ERP system, which is a manufacturing business application, that is time and activity based and above all else, focused on their customer.

Manufacturers must respond quickly and effectively to customer demands. While agility is desirable, without an effective enterprise resource planning system it results in speed without purpose. The very heart of an enterprise manufacturing system centers on its integrated planning, business process and execution capabilities. Traditional closed-loop MRP concepts have long heralded the importance of effective planning system, because process understanding and timely executions.

Strategically effective planning results in improved inventory turns, productivity increase and improved return on investment. Tactically effective business processes provide improved customer satisfaction, reduced time to market and improved market share. Effective execution provides short cycle time, quality assurance, continuous improvement and quick response to process variability. All three elements contribute positively to the decision to install an enterprise-wide resource planning – ERP Software.

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

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ERP drives enterprises forward

ERP drives enterprises forward:

Business in this century is complex, fluid and customer-centric. It requires stringent, yet flexible processes and communications systems that extend globally and respond instantaneously. The processes and systems must be integrated. No part of the enterprise can escape the pressure to deliver measurable results.

However, the traditional ERP systems failed to complete the task they ultimately set out to accomplish: to unify the enterprise and turn it into one smoothly running machine.

eresource’s web-based ERP system promises to bridge this gap. Our ERP system links departmental communications, work processes, customer data and supplier capabilities into a centrally functioning system – all focused on driving the enterprise forward. Enterprises have already started to benefit from extending their ERP installations to more of their organizations. eresource’s web-based ERP was a giant step forward when first introduced.

The market then saw new buzz terms such as lean manufacturing, arise that did not bring new functionality, but promised greater efficiency, when , in fact all it did was deliver what ERP as supposed to do in the manufacturing space.

eresource ERP gave businesses a vehicle to manage information and use it to their advantage. It organized customer data in ways that helped individual departments operate more efficiently, and it created streamlined processes that helped manufacturing operations cut costs and move products along more quickly.

eresource ERP in contrast, does offer advancements in functionality. It delivers on the original concept of ERP being for the entire enterprise, so that the whole organization can operate more efficiently. No longer does corporate information sit isolated in departmental silos, but is houses with all corporate customers, etc.

This information enabling creates a new level of cohesion and eliminates most of the departmental and organizational information barriers facilitating smooth and seamless flow of information. The integration of ERP, the enabling technologies like CRM, SCM, the analysis and business intelligence tools with Internet enable the organization to do business in the Internet way at astonishing speeds and high efficiency.

Also Read – ERP for Trading company

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ERP for strategic and technical solution

ERP for Strategic and Technical Solution:

need to make a substantial Investment in an ERP system in terms of capital investment, as well as from the recurring annual expenditure. The company, therefore, would like to ensure that the investment in ERP is a right decision. In that process, there may be chances of some questions arising from the members of the decision making team. These questions are reasonable. Why ERP and why not custom built software? And this, followed by which ERP out of the host of ERP packages available in the market.

Some companies see ERP as a technical solution, whereas some others view it as a strategic solution. Whether it is seen as a technical or a strategic solution, eresource is the suitable ERP system to match both these solution.

Here are the highlights of eresource ERP:

  • Best industry practices of the respective industry are put into the eresource ERP solution.
  • Since this ERP solution provides an integrated environment, it provides an opportunity to see the whole company as one unit.
  • Better control on the company’s information flow.
    Integrating several old ad hoc systems into one single information system and thereby, reducing the costs of maintenance of the same.
  • Easy to replace systems for situations where the old systems are bulky and cannot be upgraded further.

If the company sees ERP as a technical solution, the main reason for changing over is that its present information systems are too old. Many companies will use systems that were developed in-house and are especially adapted for the company. Most of the companies have several systems developed by different vendors. The capacity of these systems is often not enough or they cannot be upgraded because they are not supported anymore.

For large enterprises, it is very difficult to get a general overview of its organization. This can be simplified with eresource ERP system where everybody works according to the same routine. This concern especially today’s more and more globalized companies. Web-based eresource ERP system gives opportunities to rationalize and develop the organization. This ERP system may be seen as a tool to obtain information that can be important when forming the company’s future strategies.

Also Read – Online ERP Software demo

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Customer relation key to business success

Customer relation key to business success

One of the prime components of business success is the ability to service customers effectively. Businesses must have a comprehensive understanding of each and every customer and their history. With access to a full case history, solution providers can tailor their service to the customer’s unique circumstances and preferences, in the context of the overall relationship.

Customer loyalty has a powerful effect on the business bottom line. The dramatic economic power of customer retention is revealed when customers are viewed in terms of life value. eresource ERP enables the enterprises to retain its customers, which makes a perfect business sense. A consumer retained for life is more cost effective, requires less service, provides more business and contributes to new customer acquisition by offering positive referrals.

For the average business, studies indicate that repeat customers account for 70 per cent of total revenues. Thus, customers’ retention guarantees significant current and future economic benefit.

eresource ERP system integrates case management that show all previous contacts from all media empower companies to serve and market to customers without waiting time or resources. With an accurate, company-wide customer database – including marketing, order, fulfillment and customer service history – businesses can reach a greater understanding of their customers over time, delivering increasingly personal and rewarding experiences and products.

eresource ERP integration enables businesses to better comprehend and thereby, better serve customers with each and every interaction. There is a common belief that the enterprise application integration is a difficult task. The good news is that with easy implementation methodology of eresource ERP system the difference in your business operations can be experienced within a short period of time. Our case study method and implementation strategy along with its training methods guarantees a smooth function of our ERP system.

What is more important when it comes to implementation of an ERP solution is that the enterprise application integration is a corporate-level problem requiring a corporate-level strategy. Organizations implementing ERP applications have to explore the area of integrating these applications to the other enterprise applications. What approach to take will depend on the need for integration. However, the aggressive organizations have to adopt the right implementation methods in a cautious manner to keep their leadership in the market.

Also Read – ERP for Plastic industry