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
eresource ERP, an indispensable ERP System for Business Success Pharmaceutical Industry is the one that always in challenging mode. This is because health is the most precious factor that a life is depend on. As it is said, when wealth is lost something is lost, but when health is lost everything is lost. Therefore contribution of pharmaceutical industry to the nation must be viewed with most respect. Unlike any other industry, pharmaceutical industry is always in a change mode. This is due to demand of new medicines in the society with the evolution of new illness and diseases. It is not an exaggeration if we say there no other industry in this world where research and development holds important as in pharmaceutical industry. However, in today’s technologically advanced world, pharmaceutical companies cannot be mute spectators to changing environment that largely can contribute in their research and development and other business process in a sophisticated method. As the whole world in the process of transformation in its each every mode and method, case of pharmaceutical industry is not something different. Today pharmaceutical industry is witnessing key transformation in the working method with the help of highly sophisticated software applications. With the introduction of sophisticated equipment’s in all working process, managing the work also been upgraded with support of computer networks and highly reliable software applications. This has also been resulted the requirement of highly talented IT professionals in the field. The industry has reason to feel proud that due to this sophisticated working process, the industry has able to invent, produce and supply from very ordinary to even life-saving drugs that our society is badly needed to safeguard their health and other health related matters. In recent times, ERP or Enterprise Resource Planning solution has played a big role in growth of pharmaceuticals industry, generally in its business process and particularly in its technical process. Pharmaceutical ERP software is tailored to meet the needs of pharmaceutical organization Primarily, this application can deliver the power, scalability, and robust e-business functionality in a cost effective manner, with rapid implementation. Most of these application comprises versatile analytics and MIS reports, which gives the power to run businesses at peak performance. When we talk of an ERP system for pharmaceutical company, the first question will be is an ERP system must for an pharmaceuticals company? and If yes, why they need it? The answer is simple. Today ERP solution functions is the soul of an industry, whether it is pharmaceutical or others. And important of soul is beyond any simple explanation. Rather than just a business application ERP mainly functions as an system that automates industry process. Automatic process makes it possible that everything work according to plan and every medicine is produced with its optimum scrutiny and manufactured medicines are delivered to the proper place also at proper time and all other business process related execution carried out efficiently. With an ERP system in place, chance of human error are rare or dim. This system also ensures safety and quality of the product in internationally acclaimed standard. As the enterprise resource planning software became a key component for pharmaceutical companies to integrate their entire business processes, good Indian ERP companies have introduced some affordable and effective system to suit the need of small and medium sized companies in the Indian market.. The most popular among them is the web-based pharmaceutical ERP systems which is a big hit among all big and small companies alike. These Web-based ERP systems integrate and automate the main functionality of an organization thereby facilitating the flow of information among the different functions of an enterprise. These web-based systems have been developed to support all major pharmaceutical business operations. The systems have been incorporated with many advanced individual modules that could take care of functioning of every department efficiently. Quality Management tops the priority list as far as any pharmaceutical company is concerned. Keeping this in mind these systems are developed and designed in unique style. Quality Control department with its integrated sophisticated Quality Control / Module which not only monitors quality by control plans in purchasing and production but also provides real-time process capability index for quick review. Implementation method also plays an important role in success of an ERP system for pharmaceutical industry. Successful implementation requires a structured methodology. The method should be people and process-focused. This is the best way to manage the risk effectively. A good methodology of implementation process covers all the bases. Therefore if there is anything unexpected pops up the user will be able to handle these problems without any negative consequences. Web-based ERP for pharmaceutical is a more flexible, affordable and reliable. What is more important is that for a successful pharmaceutical business process, ERP is the future, and it has become essential in the business world because it brings information classified and simplified to those who have to make decisions. Also Read – ERP for Construction Industry
ERP system for Construction and Infrastructure industry. Construction and infrastructure projects are always a complex mission and therefore a software to manage these projects would naturally hold its complex nature reflecting on it. However, understanding every aspect of its nature and the determination to find a suitable and effective ERP solution is the result of eresource nfra system, an exclusive ERP system for Construction industry. Construction companies execute a wide variety of projects across diverse markets and customers. Each projects has its own merit and demerits and these projects could vary from simple to highly-complex, each having different requirements with different project budget, procuring materials, tracking project documents, managing scope changes, preparing forecasts, etc. Many a time project managers have to break their head to make projects progressing in a smooth flow and it is imperative for them to have the proper tools to manage their work more efficiently and effectively. eresource nfra ERP When we said that most of the construction and infrastructures projects are complex in nature the claim holds much water. Drawing a complete picture of a project will make it clear how these projects are getting ironed out effectively. As far as project is concerned a baseline budget is the key factor. A baseline budget for labor hours and project costs broken down via a work breakdown structure that allows a project manager to accurately track the progress of their job. When a budget is made it just cannot be made out on the basis of fixed bid jobs, but also time and material jobs. It is also to be taken into account that consistently overrunning on time and material (T&M) projects can negatively affect the ability to secure repeat work with that customer in the future. Ability to manage risk is an important factor on the part of a project manager and that contributes to their ability to complete their projects successfully. There are number of functions that could bring risk and these function must be effectively controlled. Labor Productivity, Procurement, Project Documents, Forecasting, Labor Productivity Analysis, Gross Margin Variance, Cash Position are some of the functions that must be handled carefully and effectively by a project manager for the successful completion of a project. So questions arises how could a project manager handle these areas effectively. Answer is very simple. With the help of a reliable ERP software that could cater to every need of companies that undertakes construction projects, especially the important portfolios like Project Mangers in the organization. Over the years eresource ERP has been widely accepted as the one of the most reliable and effective ERP software for Construction and Infrastructure industry. However, understanding the sophistication in working method in this industrial segments, eresource has introduced an exclusive ERP for construction industry and the system, eresource nfra ERP, has become an big hit among the construction companies and India and abroad, especially in the UAE. In places like UAE, where all constructions a fast-paced project, implementing an ERP solution like eresource nfra will be an added advantage and with this system it is easy for a project manager work quickly with different projects simultaneously as the could automate much of this workflow, For more information and a live demo, please contact our sales division in this email ID sales@eresourceinfotech.com Also Read – ERP Software In India
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
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. Also Read – ERP Software in India 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
ERP addresses challenges faced by Pharmaceutical companies Pharmaceutical companies in India have lately started realizing the importance of having an ERP system implemented in their organizations to address both their information and regulatory needs. These requirements helped improve product and process understanding. Challenges faced by pharmaceutical companies are best addressed by integrated approaches offered by ERP systems which not only provide better control over their business processes, but also help them in manufacturing products as per cGMP requirements. ERP products like web-based eresource ERP system provides full services for pharmaceutical products like vitamins, natural health and dietary supplement from raw materials to finished products. eresource has been recognized as a “one stop service provider” among its customers because it offers a complete range of services ranging from supply of raw material, production, manufacturing and packing etc. Many companies used to work on spreadsheet like Microsoft Excel for keeping data to run the business which consisted of manufacturing hundreds of products. This method not only resulted a lot of time wasting but also caused lot of hardship in maintaining raw material inventory and in maintenance of records of lot numbers used in the finished products. This working hassles prompted pharmaceutical companies to look a system that will improve their business process and also could fetch a respectful return on their investment. Many companies have found the right answer to their problem in the ERP system which would provide real time access to all their business activities. Success stories of these companies are also attribute success story of ERP solution provider like eresource ERP. The main advantage with a web-based ERP is information sharing. It is very important that organizations must provide customers, employees, suppliers, distributors and numerous other parties with the information they need, when they need it. As a result, business systems and processes can no longer remain isolated and disparate. Business success now requires better performance from easier application integration. ERP System like eresource shares information internally and externally through Web applications, business-to-business (B2B) exchanges and value-added networks. These exchanges and transactions are be real-time, on-line and immediate – i.e. conducted anytime, anywhere and without compromise to security or transaction integrity. Through the use of Web enabled services, the cycle time between buying and replenishment can be greatly reduced and the potential for errors virtually eliminated. Also Read – ERP System for Construction Industry
Sales and Marketing Module in ERP At the midst of latest global business developments, ERP service providers are mainly focusing on mid-market companies with easy to use, rapid to deploy and cost-effective ERP solution. With the deployment of these ERP systems, companies can now leverage the extended functionality of their international business requirements. ERP systems also help them respond to complex needs, from data analytics, reporting and financial accounting through to management control and operational management (production, purchasing, sales, inventory management, etc). Sage, a global leader in enterprise management solutions, is now offering Sage ERP X3, its international ERP solution for mid-market enterprises. And in India eresource ERP has also recently launched its Cloud ERP version with its SaaS (Software as a Service) model. Companies who have implemented these type of ERP solutions are highly benefited and they are grateful to its unique ability to factor in the international aspects of companies’ business, especially by supporting a broad array of different legislative systems with just a single database. Exclusively developed for the mid-market, these systems cater to the every need their day to day business process. eresource’s Cloud ERP model is a solution that adapts requirement of every small to mid-market companies in Indian industrial segment. Companies that have deployed the system find comfort in their operational mode and they feel with this system they can confidently go about meeting their objectives. Indian ERP systems like eresource is serving the Indian market for almost a decade now and its effective system is capable to address mid-market company’s specific requirements and challenges in various industries from manufacturing, services to distribution and many more. Small and medium scale industries are the one that could benefit maximum from the Cloud ERP system in India, they are in the stage of growing path. Unwanted expenses incurring in the way of investment in an exclusive IT departments and the executives to maintain and manage its successful operations will definitely make a hole in their pockets. With the usage of this cloud computing application method they will be able to divert the resource in other areas that could help them grow further. When mid-market companies plans to implement an ERP they must really must get into a long discussion and have a thorough evaluation of their requirement about the ERP system. All ERP consultants are always ready to clear any doubts pertaining to the ERP system in A continuous interaction between company executives and the consultants will clear the way to understand an ERP system more closely. The requirement of companies also varies. There are cases which needs only updates of few modules. In some cases companies may subscribe to a demand-planning module or a production-planning program for an overseas plant rather than going with a full ERP suite. Whatever the cases may be, all options are available in the ERP market today. What you need is the right advice from an efficient consultant. Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo
Web-based ERP software Web-based ERP software is an ERP system that runs on a web server and the user requires a web browser to work on it. A web-based ERP software must be hosted on a reliable web server to ensure the application is secure and always ready for use. A web-based ERP system also requires lesser in-house IT infrastructure as compared to a client-server system. A web-based ERP software has to be developed based on a three-tier design and the system should have a lightweight user interface to minimize the data transfer during each cycle. The presentation layer should include all the web forms and the business layer contains all the business logic of all the modules of the web-based ERP software. The data layer includes the sql server database. Web-based ERP has many benefits compared with a client-server system. This is the reason why many companies are now opting for web-based ERP systems as compared to client-server systems. The requirement of server management software and associated licensing is eliminated in a web-based ERP. The most important advantage of web-based ERP software is it can be used from anywhere and anytime. For example, data such as sales orders can be entered from any location. By having a web-based ERP solution, the need for IT staff to maintain an in-house ERP infrastructure is eliminated to a large extent. Training the staff on a web-based ERP software is much easier as any computer with an internet connection at any location can be used for conducting training sessions. Web-based ERP permits organizations, especially SMEs who have limited infrastructure, to conduct their entire business through this medium. An effective web-based ERP automates all internal functions of an organization to ensure that the benefits of e-commerce are delivered to the entire organization. As all the operations are performed online, a lot of time can be saved by using web-based ERP software and also all dealings and transactions become transparent. There is no doubt that web-based ERP solutions will surely do a lot of good for SMEs in their business process. It is the easiest and cheapest way they can find to extend their presence in the widely spread global market. eresource ERP is a web-based ERP (Enterprise Resource Planning) software designed to streamline business operations. eresource ERP offers modules such as finance, HR, supply chain management, CRM, purchase and sales management, and more. Also Read – Benefits of ERP Software for Manufacturing industry As a eresource ERP – web-based ERP software, offers several benefits: Accessibility: You can access ERP software anywhere with an internet connection. ERP Software allows remote work and easy collaboration among your clients and teammates across different locations. Scalability: It can typically accommodate the needs of businesses of varying sizes, from small, to medium to larger organizations, allowing for scalability as the business grows. Integration: It facilitates the integration of various departments and functions within an organization, enabling smoother communication and information flow between different areas of the business. Real-time Data: ERP software provides real-time data and analytics, allowing decision-makers to access up-to-date information for making informed business decisions. Customization: eresource ERP offers customization options to tailor the software to specific business needs, ensuring it aligns with unique processes and requirements. Streamlined Operations: By centralizing and automating processes, eresource aims to streamline operations, reduce manual errors, and improve overall efficiency. Modules: eresource ERP consist of different modules finance, inventory management, CRM, Sales and purchase management allowing businesses to choose the specific modules they need based on their requirements. If you need a free eresource ERP Software Demo, Please send an email to info@eresourceinfotech.com
Key ERP Modules An ERP software consists of many modules with each module is integrated with the major functional area of an organization. In normal procedure, each module is designed to interact with each other with easy accessing of information concerning a particular branch, section or department. ERP modules are tightly protected with efficient security system and the staff is trained to handle the system effectively during the training session by the consultants. The following are some important key ERP modules that being included in major ERP packages. ERP Finance Module The financial activities of an organization by the finance department are recorded using various user interfaces and these interface screens related to the finance department are grouped into a single menu option and these set of options are called the finance module. Financial module of an ERP system is used to record day to day transactions like receiving payments Customers, payments to vendors by raising cheques or through cash and journal entries. Financial module records the data during: Creating a Customer Account Creating a Vendor Account Creating a Bank Account. Creating a General Ledger Account Enhancing Chart of Accounts (when major changes to be made for preparing the financial statements) Financial application components of an ERP solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas. This tight integration includes all the other different modules, from materials management to human resource to logistics. The financial module of ERP also provides financial functionality and analysis support to lot of medium and large scale enterprises in Indian and abroad. Manufacturing Module in ERP This module is used to record data related to the manufacturing department of the organization. Data is recorded in this module when Bill of Materials, Work Orders and WIP receipts are to be created for work orders. In modern manufacturing operations, information starts at the top and the bottom simultaneously. Data originates at the machines, the process and the workers. It indicates what is being made, how and where, when it will be done, and why it won’t be on time. ERP allows companies to balance customer demands impacted by multiple interrelated items and multiple plant locations. ERP adds applications for financials, supply chain, and distribution and requirements planning for multiple sites. It facilitates intelligent resource planning in the face of rapidly changing constraints such as materials availability, market readiness, plant capacities, personnel certification and business costs per location. In short ERP systems will allow decision makers to champion ‘an intelligent, agile and responsive’ organization in the global marketplace of the next century. ERP Sales and marketing Module This module comprises of Contact Management and Sales Order Processing Management. It is an integrated solution comprising of marketing and sales activities. Organization can act immediately to improve sales, service and marketing effectiveness by using this module. Sales and Marketing module also help to you getting your customer order management easier day by day. Use of this also includes maintaining customer information, quickly creating a quote or migrating them to sales order. ERP Purchase Module ERP Purchasing module streamline procurement of required raw materials. It automates the processes of identifying potential suppliers, negotiating price, awarding purchase order to the supplier, and billing processes. Purchase module is tightly integrated with the inventory control and production planning modules. Purchasing module is often integrated with supply chain management software. ERP Inventory Management Module ERP Inventory Management module facilitates recording of data in the inventory department. Activities of the Inventory department such as receipt of goods, delivery of goods, maintenance of material in the stock sections, classifying all the materials, issuing of materials to the manufacturing department, rejections from the suppliers are recorded with full details. ERP Human Resource module Human Resource (HR) module in ERP streamlines the management of human resources and human capitals. It comprises of four broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module routinely maintains a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees. Also Read – Streamlining construction operations with ERP systems
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
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 Software in India 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
ERP and ROI Though many organizations spend lot of time and money researching, analyzing and justifying an enterprise resource planning (ERP) purchase, they hardly spend any time to scrutinize whether the application performs satisfactorily and gives the required output. If organizations don’t establish specific performance metrics, it will be very hard to gauge how well that product is working to meet their objectives, let alone correct any performance gaps. Given that ERP system is somewhat expensive, some might wonder why more organizations don’t engage in a thorough, after-the-fact audit. Reasons range from a lack of involvement by senior management to anxieties about whether the project will live up to its promise-and whose feet will be held to the fire if it doesn’t. And somewhat surprisingly, after-the-fact audits are often skipped because no one agrees on what precisely constitutes a successful ERP program. When the majority of the people you ask not may not sure about what an ERP is, it makes little difficult for your to search for the people who may know it thoroughly. On a technology level, ERP software integrates a company’s departments and functions into a single program running on one database, a valuable step forward for improving efficiencies, because integration speeds up business processes. For a HR manager, ERP system is something different application from a production manager. For him/her it is a system for the employees to interact with each other. But getting bogged down in definitions is beside the point. The point is whatever methodology you use to measure your ERP, it should be applied consistently across the organization at specific points following the implementation. How often you measure your ERP system will depend on the size of your organization and the depth of your software change. Typically, an audit should occur halfway through the implementation, again at three-quarters of the way through the implementation, and when it’s complete. Then, you should follow up every quarterly. There may be some further questions that how can the ERP applications be measured up? Only a systematic, disciplined approach to measuring ROI can provide the answer. However, if the ERP audit focuses only on productivity gains, such as how many steps it takes to complete a shipping label, you won’t get the clear of ROI. To get a clear picture the audit must take into account how well employees interact with the ERP software. Whether the system empowers them to accomplish key tasks? How quickly do they adjust with its functioning methods? To get the actual result, user surveys should be conducted immediately after the training period and again six months later. A polite approach to the employees to enquire about the functioning of your ERP system could get you closer to the software and its functioning. It will help you understand any shortcomings in the system as well as the need of further training to the employees which could make them more comfortable with the system. A logical and systematic approach to the ERP system by the employees is a must for a good result that ultimately reflected in the organization’s return on investment (ROI). Also Read – ERP Software for Manufacturing
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?
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
Benefits of ERP for Manufacturing industry Initially, Enterprise Resource Planning (ERP) solution was developed for the big organizations. It has also involved huge investment which was out of reach of small and medium sized industries (SMEs). However considering the benefits the ERP solutions have, the smaller organizations also explored the way to implemented it. This attitude has paved the way for many locally made ERP solution providers entering the market with very effective applications which have turned to be ideal for small and medium sized companies. As the local ERP vendors were targeting the SMEs, they also kept the price tag in mind, which ultimately resulted in existence of some effective and affordable ERP products in the market. Manufacturing was one of the sectors that have benefited most from ERP solution. It was due to timely ERP implementation. Other sectors also followed suit. Today, all industry segments are taking advantage of ERP solution and it is becoming a necessity rather than a luxury to have ERP implemented in an organization for its successful business operation. Also read – eresource xcel helps manufacturing industry on increased productivity Before the evolution of ERP, manufacturing sector were running on manufacturing resource planning system. The manufacturing resource planning included all the sources in relation to the manufacturing such as material, human resource, equipment and finances. When the competitive strategy changed from low price and great variety to speed, ERP found the right place to give profit to this new strategy. Contrary to the other applications, the ERP system connects to all the offices of a group of business throughout the entire world. ERP system allows the organizations to design products with the entrance of engineers all over the globe, installing factories in various areas to produce pieces and components for many countries, and the information of all the parties involved. ERP offers solution that enables manufacturers to compete in the prevailing market atmosphere. It has the capacity of both finite and infinite planning capabilities which assist manufacturers to develop original schedule. ERP solution can also transform the supply chain to achieve production plan with sales plan, manufacturing, finance and customers. ERP is changing the competitive landscape for SMB manufacturers. Small to midsize manufacturing companies can benefit from a fully integrated solution designed to reduce costs, improve customer service, increase margins and generate new revenue streams. Further, SMB manufacturers can improve business performance with a deeply functional, yet easily affordable, ERP solution. As the technology changed ERP solution also found its way to the web. Today web-enabled ERP solutions are the most effective solution available in the market. What is to be cautious about the selection of an ERP system is, before you commit to any ERP system, you should first evaluate the system such as what your organization needs and wants to accomplish with its ERP strategy. The outcome of this evaluation will help you determine which applications and what kind of functionality your organization requires as well as go a long way toward easing the implementation. Also Read – ERP Software In India
Benefits of Live demo of ERP Software Solution The real picture of a proposed ERP product can become clear when the live demonstration of the product is given. The sincerity of the solution providers and efficiency of the product becomes evident in the live demonstration. The demo also makes it possible for both the parties to propose feasible modifications in the package. The credibility of the system can also be scrutinized here. Moreover, it acts as a cross check for the functionalities offered by the developers in the compliance of the product. The top management and all the other people connected to an organization must realize that whatever be the reason for the changeover to an ERP system, i.e. technical or strategic, it is impossible to separate them, since they affect each other. Also Read – Live ERP Software demo Live demo of ERP is a better tool to understand the various integration/touch points and the participants could experience the different functionalities as well as they can also check for any shortcomings in the system which can be rectified as per their requirement. It is usually better to get a brief about the product before seeing the demo, which can be obtained through the website of its developers. The time and method of the demo could be finalized by the demonstrator and let set their own sequence. Any doubts about the product can also be cleared in the demo stage. Demo scripts in the form of brochure or function details through the website are a better tool to present the demo as there is uniformity in the flow of the demo and the various integration/touch points among the different functionalities can be checked. The workflow becomes clear during the demo, and users can have a feel of the proposed product at the demo itself. This will determine the acceptability of the product in the minds of the customer. The quality of the product also becomes clear at this stage. Based upon the markings obtained in all the above-mentioned points, those products that cross the threshold mark get qualified to be evaluated. Before finalizing one more important point to be considered is the cost factor. Though all the products have its own price line, all developers may be willing to for a negotiation considering the competitive mindset existing in the market today. However, some developers of the product won’t alter the price tag, majority of them will agree to some climb down. Once it has been agreed on technical and the terms and conditions in the financial front, a suitable product can be finally selected for the ERP implementation. Also Read – What is the best ERP for the electronic manufacturing industry?
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