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Errors to Avoid Before Starting ERP

Slip-ups toward the start of an enterprise are famously hard to settle. This is particularly valid for complex procedures like executing an ERP framework. Mistakes toward the start of the usage can fate the enterprise regardless of how well it is executed. Tragically such early mix-ups are very regular in ERP executions with frequently heartbreaking outcomes for the venture.

Following can be the errors seen while setting-up ERP :

Not selecting the right team

By its inclination, an ERP execution is a collaboration. It’s essential to gather a solid gathering to take a shot at usage. Pick your group precisely, both for their specialized aptitudes and the capacity to cooperate easily.

Not Picking the Right ERP specialist

While you can complete an ERP venture without getting a specialist, it isn’t a smart thought to attempt. You will require somebody with involvement in ERP usage to help control you and to get you over the harsh spots. Since an advisor is vital to the procedure. It’s essential to invest time and pick the correct one. For this, assess potential competitors precisely, both for their involvement with ERP and for their fit with your group.

Not Budgeting Enough Time and Resources

An ERP execution is a time and resource process. It’s critical you spend enough of both to give the procedure a chance to succeed. You can hold back on the financial plan, yet the hard truth is that the ERP usage will take as long and cost as much as it does no make a difference what your financial plan says. Belittling both just prompts going over spending plan and beyond schedule.

Not Getting Support from the Top Management

Last but not the least, it’s important that you have top management, proceeding with help for your venture from the start itself. Absence of continuous help will fate an ERP venture. Some portion of the activity of the group chief is to ensure that help is there through the whole ERP exertion.

Also Read – ERP for trading industry

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Security is need of the hour for installing ERP

Security ought to be the main need for any product engineer. Regularly, in any case, engineers of programming, for example, Enterprise Resource Planning (ERP) disregard to incorporate certain security highlights. ERP frameworks give the foundation of numerous organizations, so it’s important that the information be secure and ensured against assault. Associations confront different assault vectors, including close day by day ransom-ware assaults that debilitate their security foundation.

What practices can be adopted to raise security?

Bring issues to light

Absence of attention to the significance of ERP security is the consequence of organizations’ dependence on ERP sellers to join that security. Numerous ERP arrangements accompany some security, yet associations must form a safe system for the ERP framework to dwell in.

Construct Parameters

Security highlights, for example, firewalls and host-based security frameworks help solidify the system and ensure ERP programming against assault.

ERP Structure

At the very least, a safe ERP framework should:

  • Have a compartmental structure, with various business capacities outlined as contrasting parts;
  • Be incorporated, with parts of the ERP framework coordinated with a consistent information stream between segments;
  • Be adaptable, with the ERP programming expandable and good with inheritance frameworks;
  • Be adjustable and effortlessly configurable in light of the association’s needs;
  • Be secure, with the security of the ERP programming upheld to ensure arrange assets.

Ways to deal with it:

ERP security can be coordinated into the system, introduction, and application layer of each system to incorporate outside interfaces, the database, and inward business forms. At the point when an ERP user speaks with other customers or clients, the security of the framework is grouped into the system space. An ERP master doesn’t deal with these individual cases; rather, this capacity is accessible from arrange security sellers.

Also Read – ERP for Steel Industry

Key Parts of Security includes:

  • Security arrangement : Express and all around characterized security strategies must be kept up. The security arrangements will give standards to data access and put requirements on chairmen while designing client consents.
  • Client verification : All ERP clients must check access to ERP assets by giving a client name and secret word notwithstanding their verification to the system.
  • Time limitations : ERP must be accessible just amid business hours.
  • Access logs : Logging and traceability of access to ERP assets can enable directors to log important action, which can thus counteract breaks.

Also Read – ERP for packaging industry

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Top 5 Pros of Mobile ERP

Mobile ERP Software Applications

Numerous organizations are presently utilizing mobile devices rather than the conventional PCs since they are convenient and regularly more financially savvy. Undertaking Enterprise Resource Planning (ERP) innovation is adjusting to address the issues of organizations so they can remain responsive in an associated commercial center.

Here are five advantages of versatile ERP system :

Greater Operational Excellence

In the manufacturing business, organizations depend on getting the right and quality materials at right time, right place. However, the production is disturbed if there is a shortage in getting the materials. With an ERP framework or mobile ERP Software, this sort of circumstance can be overseen more successfully on the grounds that you would get an early cautioning that the materials won’t be conveyed on time, permitting you can make quick move to keep generation up and running. In addition, manufacturing firms are presently exchanging their costly radio frequency identification for portable ERP. Other than creating forms for inventory and other production processes, it additionally accompanies different highlights which can be easily accessed through a cell phone.

Also Read – ERP software for manufacturing

Competitive Advantage

Portable ERP is a developing pattern in view of what it brings to the table a dynamic venture. Approaching business information while in a hurry or at an off-site area empowers focuses to be met and furthermore increments both worker and consumer loyalty.

Also Read – Construction ERP Software

Cutting-edge Search Features

Data is frequently gathered through famous web indexes in the computerized age. Individuals like the simplicity of writing in an inquiry or subject and getting information in milliseconds. We have so used to do this that it doesn’t appear to be correct when a setup is enable to scan for what we’re searching for.

Speedier Decision-making Processes

The universe of business depends intensely on information administration. In case you’re not up to speed with what is going around in the business environment, it backs off profitability. Mobile ERP Software enables the client to get moment access to business information as it is occurring, so you can settle on better choices, accordingly expanding effectiveness.

Enhanced Workflows

Effectively dealing with your work process mainly includes vital arranging and careful joint effort. Versatile ERP makes the entire procedure less complex since it sends work process alarms to advise your group that an assignment is sitting tight for endorsement and they can react immediately from their gadget. So whether it’s affirming master reports or request orders, discharging orders or whatever other procedure that requires endorsement, it should be possible briefly..

Also read – ERP for packaging industry

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Understanding ERP System

Enterprise Resource Planning system, popularly known as ERP system, the descendant of MRPII offers the answer to the economic and productivity troubles of manufacturing and service enterprises. Thus, the ERP system has become very popular as an enterprise management software tool.

ERP is a Software application that provides an organization with functionality for two or more systems. While some ERP packages initially covered two to three functions for an organization most ERP systems today cover almost all the business functions of an organization.

As the name suggests, the term ERP referred to how a large organization planned to use a organization’s wide resources. It was the larger companies that have opted to use the ERP systems initially. However, the use of ERP has changed and today the term can refer to any type of company, no matter what industry it falls in. In fact, ERP systems are used in almost any type of organization – large or small.

The latest ERP tools available in the market today can cover a wide range of functions and integrate them into one unified database. For instance, functions such as Human Resources, Supply Chain Management, Customer Relations Management, Financials, Manufacturing functions and Warehouse Management functions were all once stand alone software applications, usually housed with their own database and network, can now fit under one umbrella called ERP.

Popularity of the ERP system has grown with its vast usage among the all kind of industries, Today majority of the midsize organizations are using ERP to support a variety of business issues, including globalization, lean manufacturing, conducting e-business, consolidation, shared services, collaborating with suppliers and meeting the requirements of new customers.

In today’s competitive business world usage of ERP system is becoming a must for any organization to meet the challenges faced in their business process. Studies also reveal that very few midsize companies that don’t already have an ERP implemented are facing numerous problems in their production and sales departments.

Web-based ERP

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 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 solution 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.

Web-based ERP removes your headache from the Investment made towards time and cost in the maintenance of the server & other hardware.

Also Read – ERP for trading industry

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ERP software is not a magic wand

The purpose of ERP Applications are to support the business processes that support the company’s strategic opportunities. There are some basic tenets of ERP that should guide management’s actions and decisions. There is no magic in ERP software system. ERP’s benefits are a direct result of effective preparation and implementation, and appropriate use. This seems obvious, but most of the organizations don’t get it right the first time around. Expecting a quick fix, silver-bullet solution is a dangerous mindset.

Another matter is no amount of advanced information technology can offset the problem of a flawed business strategy and poorly performing business processes. This area, in particular, is something that ERP software implementer may not fully address because it can slow system deployment.

The companies must define a business strategy that will give them a competitive advantage or, at the very least, make them competitively equal. Then, analyze your current business processes and develop objectives. Once this step is done, the following steps for preparation, ERP software selection and implementation can support the strategic and process objectives better.

Acquire flexible ERP information technology that can accommodate rapidly changing business conditions. The high-velocity flow of information needed to support action up and down the supply chain is a major step forward for most manufacturers. It will be mandatory in the future just to compete, much less stay ahead of, the competition.

You must have the implementation led by a senior executive who has the authority to make changes happen and happen quickly. Make sure there is a sense of urgency and true accountability for completing preparation and implementation activities on time. Moving away from functional silos and creating effective cross-functional processes that are truly integrated via an ERP system is not an easy task. When ERP is not fully integrated into day-to-day business operations, however, it is not likely to be very beneficial.

If enterprise integration or more advanced supply chain management strategies are to have any chance of complete success it will be due, to a large extent, to the removal of traditional cross-functional barriers. These silos comprise the organizational boundaries where information flow and often cooperation, stop. You must ask, “How will we use the ERP system?” Some not-so-obvious issues will surface as you try to answer that question.

For example, will you combine demand-based flow and lean manufacturing techniques, which will negate the need for some traditional ERP functionality? Focus on your business strategy and not just software selection and implementation. Many problems are reinforced by contradictory objectives and performance measures that actually create inconsistent value and belief systems, to the company’s detriment. No amount of information technology will correct these problems. Management must aggressively remove them once and for all through business process redesign.

Also Read – ERP for packaging industry

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eresource The New Generation Enterprise Resource Planning System

Organizations are thinking and preparing for the future technology, which will take their business to new heights. However, how to define, deploy and manage the technology and business services are really a matter of concern for everyone. This is where the assistance of advanced Business Solution s like eresource ERP (Enterprise Resource Planning) makes its relevance.

Web and Cloud-Based ERP Software

eresource’s Cloud-based ERP – Enterprise Resource Planning Solution help face the challenges before today’s enterprises. As the businesses are today work and deliver value more dynamically, the competition in the market also been increased which brings new challenges to them. Cloud computing and social computing technologies, new working standards and a stubborn economic reset are all reshaping how work gets done.

Companies are exploring the ways to extend more value added services to its customers. Though operational improvement and cost savings be critical factors it alone will not help companies in their business operations . Emerging new challenges must be addressed with solutions that extend the value of complex, knowledge-based business activities.

eresources end to end ERP Solution supports complex, high value, knowledge-based work. eresource ERP Solution 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 Solution , you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.

Our SAAS Model solutions are a big hit among the mid-sized companies in India. With eresource ERP, pharmaceutical companies that are looking for a next generation enterprise solution can realize cost and process efficiencies. With the solution they can also take their sales and marketing effectiveness to new heights.

Many ERP System currently used by many of our midmarket companies are quite mature and ripe for replacement. Most of today’s midmarket organizations had ERP Systems older than 10 years old. ERP Technology has evolved significantly in the years since these systems were deployed. Therefore operating your business on out-dated system can make adverse effect on your business operations . You must change today for better tomorrow. A generation system is already here

Also Read — ERP for Plastic industry

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eresource: A scalable, flexible and affordable ERP solution for SMEs

eresource: A scalable, flexible and affordable ERP solution for SMEs

FOR any organization, success depends on having the ability to keep pace with rapidly changing customer and industry demands and execute in a short amount of time, the ability to quickly seize new opportunities and the ERP flexibility to achieve sustainable business growth.

Today small and mid-size enterprises (SMEs) are facing greater competition than ever across diverse industries. With the increasing power of large rivals in some segments and the pricing pressure and they have a critical need to optimize business processes, cut operational costs and improve customer acquisition and retention rates.

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.

Small and mid-size enterprises are recognizing integrated business management solutions as essential for growth, scalability and keeping up with competitors as the solutions become more affordable, easy-to-implement and adept at addressing industry-specific business processes.

While choosing their software solutions, SMEs 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. Many SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.

eresource ERP solution for SMEs 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.

The integrated and cost-effective eresource 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.

Also Read – ERP for electronics

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Workshop on ERP to guide how to run a successful Business

Workshop on ERP to guide how to run a successful Business

We have, time and again emphasized the importance of having ERP system to run businesses in successful way in today’s competitive economic market. As there are number of big and small vendors in the Indian ERP market, selection of a proper system that suits your business needs are very important. To place the matter straight forward, what the decision makers must understand is having an ERP system just can’t help your business process. What is important is which system you have implemented.

A rightfully conducted ERP workshop could provide you the guidelines of what your requirements and expectations should be, including hands-on experience with the most successful ERP software in India available today.

ERP workshop can also empower CEOs, COOs, CFOs, accountants, controllers, business owners and key decision-makers with ERP technology concepts.

CRM or Customer Relationship Management, the backbone of any business has been integrated as an important module in the ERP system. Sales and marketing teams from companies can benefit from attending the workshop that will help them gain knowledge in marketing plans. The knowledge gained through from workshop can put into practice by the sales or marketing team with the approach to the customers that could help improve your revenue and market share growth and minimize expenses – all of which leads to higher profitability. The workshop will also debate on all areas of an ERP system, its advantages and disadvantages.

When it comes to benefits of ERP there are many arenas which are unknown to many. ERP expects boundary-less flat organization structure where every employee is a decision maker and not a mere follower. Secondly, the decision-making must be scientific than based on ‘gut feel’. Thirdly, ERP assumes that the user has an in-depth knowledge of the process he is associated with. He has to work in a team as a key resource element. The objective of the user is to pass maximum value to the customer than to create his own convenience. The user must be analytical in his thinking and be able to use information generated through data iterations for more effective and informed decisions.

ERP system will work successfully if the users are training to handle the system to the optimum usage. Proper training makes the users fully equipped with handling of the system independently and this will contribute the success of all the business operations.

The solution provider must pay attention while providing training to the user in the right manner. To become a good user, one has to get trained and trained well, and later self trained. But what is the disappointing factor is most of the ERP training in India is more of software training rather than going deeply into the functionality and technicality of the ERP system. Normally the user is shown various screens of the ERP system and taught how to enter what he was doing previously.

The trainer must explain to the user why he should enter there, what are the repercussions of his entries in other modules, how to use the best out of multiple settings, why a particular setting is made like that, etc. In fact, the reality that every entry is the financial entry and ultimately gets posted into General Ledger and posted in turn into Profit & Loss Account or Balance Sheet is never realized by the user during training or even after implementation. This feel of responsibility is extremely essential for the user to become a mature ERP user.

To enhance the interest of users Indian ERP companies must make a point of user training, focusing on ERP functionalities and not merely on tools for ERP. Ideally, the training session should be designed to cater to individual needs and hence carefully planned. ERP workshop will have a separate session to discuss and elaborate the training method of ERP extensively.

Also Read – Construction erp in uae

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eresource Tracks Business Activities across the Organization

It is common for all vendors and consultants to say that their products are the best. But when eresource makes such a claim it holds a concrete evidence to support that claim. The commendable feature of web-based ERP is that employees enter information only once and that information is then available to all systems company-wide. Business activities across the organization is tracked or triggered by the eresource ERP are also automatically captured in the enterprise’s general ledger, without the risk of re-entry errors. This means everyone in the company can make decisions based on accurate, real-time information.

eresource ERP system manages everything from order capture to accounting and procurement to warehousing. eresource makes timely changes in their modules with the requirement and its functionality has grown in both breadth and depth to suit small to large scale industries. As companies integrate business units through consolidation, shared services, or global operations, their IT ability also to be stretched to support these changes. With eresource ERP’s broad functionality, any organization can replace much of their legacy systems. eresource ERP is capable of providing better support for these new business structures and strategies.

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.

Also read – ERP for Plastic industry

Benefits of eresource ERP

With eresource ERP customer orders can be handled easily and efficiently on a time-bound basis. Like when a customer service agent receives a phone call from an existing customer the agent can quickly locates the customer’s account, records the order details, prices the order, and checks the availability date. The customer confirms the order details and the agent books the order. That single entry triggers everything from allocation of the finished product against the order to delivery and billing. That is, based on existing demand and allocation rules, eresource ERP system will determine whether the product should come from current finished goods in a warehouse, in-process goods, scheduled production, or new production. It will set the order up for shipment based on information from either the customer or the customer master record, and, once the order is shipped, prepare an invoice and an accounts receivable entry.

However, along with efficient customer handling method, organizations must also have operational efficiency to succeed in business process. Because 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. There is no doubt that an efficient and well-implemented ERP system like eresource ERP can raise the productivity to unprecedented levels.

Also read – construction erp software in uae

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eresource penetrates Indian ERP market

Indian ERP Market

eresource ERP helping many small and medium business enterprises in India gain maximum benefits from its ERP implementation and also edge over their competitors by successfully integrating its key business operations.

eresource ERP system links the sales, purchase, manufacturing, order, inventory, supply chain and warehouse management modules in an enterprise for fast and accurate information access to every single person. This is because every single operation and action taken at any place by any person depends on consistent and updated information. Whatever a person required can be immediately accessed by him provided he has the legitimate access to the system.

ERP Modules at a glance

The integration of the business processes improves coordination between bodies, streamlines workflows and processes and benefits them in terms of retaining and satisfying customers by delivering their orders ‘on dot’. eresource ERP also helps keeping the customer informed about their orders’ current status rather than keeping them waiting for information. eresource ERP makes an organization more time-sensitive.

The manufacturing enterprises can also benefit of better marketing opportunities through eresource ERP.  It also penetrates section-wise to addresses solutions to many shortcomings existing in an organization.

eresource ERP also further enhance the decision making by highlighting future projections about sales during a certain period of a certain product. It helps the management take appropriate decision on the production plan and also helps the executives to introduce new value added features to the existing product. This way the product quality could be checked on time which will enhance the sales process.

Listing of benefits from eresource ERP also includes reduced inventory costs by better planning and forecasting of requirements. Ultimately eresource ERP system helps getting higher return on investments (ROI) quickly.

Finally, there are no two opinions that ERP system has a great importance and it has become the need of the hour for the survival of organizations especially in the manufacturing sector. Irrespective of their strength, whether they are the big players in the field or the SMEs, their success will depend on the way they are dealing with the current business process environment. With this note we would like to remind them that an ERP system is part and parcel of that successful formula.

eresource ERP for Manufacturing industry consists of following modules.

Sales and Distribution Management

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. eresource Sales Management module is all about retaining customers, improving customer loyalty and gaining customer insight

Purchase Management Module

Purchase Management module in eresource ERP streamlines procurement of required raw materials, 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 and production planning modules.

Manufacturing, Planning and Control

Manufacturing, Planning and Control Module in eresource ERP optimizes the utilization of manufacturing capacity, parts, components and material resources using historical production data and sales forecasting.

Total Quality Management Module

eresource ERP Quality Control Module not only monitors quality by control plans in purchasing and manufacturing but also provides real-time process capability index for quick review. Quality Control in eresource facilities are versatile and offer support for every phase of your operations, from receipt and acceptance of raw materials, through production of intermediates, to inspections of finished goods before shipment to customers.

Inventory and Material Management

Inventory Management Module in eresource ERP provides a powerful and flexible set of features to help you manage and report your inventory information. eresource Inventory Management facilitates processes of maintaining the appropriate level of stock in a warehouse. The activities of inventory control involves in identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status.

Plant and Machine Maintenance

The time has changed, machine breakdown and idle repair is no more accepted practice. The plant maintenance module in eresource ERP provides an integrated solution for supporting the operational efficiency. The plant maintenance module covers all equipment / machines of the plant.

Excise Management

The Excise module in eresource ERP will enable the organization to ensure Excise compliance to manage all transactions of Sales, Purchase, Production, Warehouse Transfer etc., This module will help the organization fulfill its statutory requirements according to latest government regulations.

Human Resource Management

Human Resource module in eresource ERP streamlines the management of human resources and human capitals. It comprises of four broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module in eresource routinely maintains a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees.

Finance Resource Management

Finance Resource Management in eresource ERP gathers financial data from various functional departments and generates valuable financial reports such as Balance Sheet, Trial balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross Profit Analysis, Cost Center wise Analysis, Branch wise Profit Analysis, profitability report, Asset and Depreciation Management, Tax Management, ABC Analysis and many more.

Also read – erp for trading company