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Indian SME’s take eresource ERP in their side

ERP Software for SMEs

The first and foremost reason being that it has been designed by an Indian software solution company exclusively for the Indian manufacturing industry, especially the Small and Medium scale Enterprises. Needless to say that the contribution made by the SME’s in the Indian manufacturing industry incomparable.

What is more appreciable is that all these years they were contributing largely into the growth of Indian industry with their limited resources and infrastructure facilities. Growth of any industry depends on what basic environment they work with. An advanced work environment will not only boost morale of their employees but also the outcome will be reflected in the quality of their product.

Also Read – ERP for Electronics Industry

eresource ERP Software for SMEs (Small and Mid-size Enterprises)

There was a time when implementation of ERP solution was a long lost dream for many of the SME’s in India. They never imaged implementation of ERP could be within their reach in near future. But introduction of an affordable low-cost ERP by eresource Infotech was a dream comes true for the Indian SME’s. The reason why we have come out with this kind of a solution is that if Indian SME’s could perform tremendously with the limited resources they have, they can also bring miracles in the industry if they are armed with right working environment. We were sure that the implementation eresource ERP will definitely change the way they work and also it can make the impact on their production sector, in both quality and quantity wise.

Another matter of success with eresource ERP is its quick implementation. The ERP system should be implemented quickly, efficiently, on time and on budget and with no interruption to the business. As far as Indian SME’s are concerned time factor is very important and fully understanding this scenario eresource ERP gives maximum priority in implementation process.

Over and above, eresource Infotech serves all our ERP customers directly, unlike some ERP vendors who have a strategy to serve the large client directly whilst, directing SME’s to their re-sellers or consultants. Though our client list too include many large enterprises, when it comes to business we are impartial. That’s our policy practice, indeed.

Also Read – Best ERP for Automotive industry

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ERP software training holds the key

ERP Software Training it was discussed earlier how an ERP implementation could turn success or failure depend upon the user. There are different views expressed by Indian users towards ERP, but mostly it is based on organizational culture. The word ‘culture’ is used here to connote the average IT acquaintance of the overall users.

In India, normally four different cultural transformations prevailed during ERP implementation.

  • From no system to ERP system
  • From manual system to ERP system
  • From computerized system to ERP system
  • From ERP system to ERP system

In the normal circumstances at least two scenarios do exist in most of the Indian companies and sometimes all the four types exist in one organization itself. As the characteristics of the users differ in all the four cases the situation must be managed accordingly.

An assessment of ERP by the users is that ERP is a ‘job killer’; hence attempts are made to kill ERP first. Most of the users of this school of thought found successful in their mission but unsuccessful in retaining their job. ERP has nothing to do with the downsizing of employment, but it may possibility recommend redeployment of people in appropriate areas. We have to agree on certain issues like so many years the organization had built a mentality of not owning responsibility in the employees, which immediately cannot be changed within a year or so.

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.

eresource ERP plays successfully when it comes to the training part and our hardcore training session makes the user fully equipped with handling of the system independently. 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, unlike eresource ERP, 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.

Actually 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 ERP implementation. This feel of responsibility is extremely essential for the user to become a mature ERP user.

To enhance the interest of users Indian companies must make a point of user training, focusing on ERP software functionalities and not merely on tools for ERP. Ideally, the training program should be designed to cater to individual needs and hence carefully planned. Secondly, the empowerment has to be planned slowly but positively over a period. This should include removing ridiculous and conflicting targets, thus helping the users to participate in making ERP a success.

Also Read – Benefits of ERP in Construction Industry

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Demand grows for ERP solution

Demand grows for ERP there is no doubt that the Enterprise Resource Planning (ERP) systems are in great demand today. Industry analysts are forecasting growth rates of more than 30% for at least the next five years. According to a study conducted on ERP solution, corporate growth has been indicated as the most compelling driver for adoption of ERP amongst senior management respondents.

Improved customer service, efficient distribution system, and reduced operation expenses are some of the other important business imperatives that are driving top management to implement ERP solutions. Majority of CEOs/Senior managers share the same view that ERP is an important tool to achieve competitive advantage.

Following are some of the major factors of ERP popularity.

  • ERP enables improved business performance through cycle time reduction. Cycle time is the time available at each station for the performance of the work allocated or the time elapsing between completed units coming of an assembly line. It also helps in increased business agility, inventory reduction and order fulfillment improvement.
  • ERP supports business growth requirements through new products/product lines, new customers, global requirements including multiple languages and currencies.
  • ERP provides flexible, integrated, real-time decision support in improving responsiveness across the organization.
  • ERP eliminates the limitations of the legacy system such as fragmentation of data and process, inflexibility to change and insupportable technologies.
  • ERP takes advantage of the untapped mid-market (medium size organizations) through increased functionality at a reasonable cost.

These are some of the reasons for the explosive growth rate of the ERP market. As more and more companies are entering into the market, the ERP solutions providers are facing a competitive market which brings out the best in them.

Initially the huge cost involved in the implementation of ERP solution has kept many medium scale industries away from it. However, with the introduction of affordable ERP solutions like eresource ERP, which is basically intended to serve the small and big players in the field alike, is bringing good benefit for Indian SMEs. This also contributed to the growth of ERP demand in the Indian market.

Also Read – ERP system for Construction Industry

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Best practice of ERP is best suited for Lean organizations

ERP Software for Lean Manufacturing:

Lean manufacturing organization the world-class practice believes in the common language within an organization. This culture is predominantly observed in lean enterprises, thus resulting in the best fit for the ERP environment.

A lean organization has detailed specifications of all the actions required to bring a product from concept to launch, from order to delivery, and from raw materials to finished product that goes into the hands of the customer and throughout it useful life. This takes care of perfect and complete data sets availability to load into ERP for accurate estimations and recommendations.

The lean organization believes in absolutely flat organization structure with empowered employees. The structure is purely based on process, and for at all on functions. Every business process or sub-process exists to provide a needed product or service for a defined customer. These products and services are produced within the process according to the defined requirements, rules, or constrains.

The process requires materials and information, which are provided by suppliers, and consumes the resources allocated to the process. Since ERP conceptually integrates the process and not the functions, this process-based culture is the primary criteria for ERP fitness. The main job of ERP in such environment is to replace all these processes into a seamless flow of information.

ERP software for lean Manufacturing thus provides authority of getting all the information about the organization to all the users. No constraint like confidentiality, hierarchy, or authority exists. Hence the right of information seeking is never questioned. Every employee is motivated to browse, analyze and comment on the performance of the organization through the ERP system. Thus ERP expects an employee to be much more matured and accountable with resource of the organization.

ERP calls traditional purchase person as Buyer and a buyer is expected to have four types of skills like Technical skills, Commercial skills, Negotiation skills and Integrated planning skills. ERP assumes this type of empowered people as users and then further helps them take accurate and cost effective decisions in their daily transactions and planning.

The best practice of ERP here could be to share all the information of the organization to the entire set of users without any obstacles to facilitate both productive and best mixes of planning decisions.

Also Read – ERP Software Company in India

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eresource ERP’s strength: Information accuracy and decision-making capability

eresource ERP’s strength: Information accuracy and decision-making capability

MPS Module in ERP Software in TODAY’s competitive business environment the key resource of every organization is information. If the organization does not have an efficient and effective mechanism that enables it to give the decision-makers the right information at the right time, then the chances of that organization succeeding to the future are very remote.

The three fundamental characteristics of information are accuracy, relevancy and timeliness. The information has to be accurate, it must be relevant for the decision-maker and it must be available to the decision-maker when he needs it. Any organization that has the mechanism to collect, collate, analyze and present high-quality information to its employees, thus enabling them to make better decisions will always be one-step ahead in the competition.

In the changing business environment, the time available for an organization to react to the market trend is very short. To survive, the organization must act quickly, gathering and analyzing the data – both internal and external. Any mechanism that will automate this information gathering and analysis process will enhance the chances of the organization to beat the competition.

Major drawback of the legacy systems was that they did not have an integrated approach. There will be an accounting system for the finance department, a production planning system for the manufacturing department, an inventory management system for the stores department and so on. All these systems will perform in isolated. So if a person wanted some information, which has to be derived from any of these two systems, he has to get the necessary report from both systems and then correlate and combine the data.

An organization cannot function as islands of different departments. The production planning data is required for the purchasing department. The purchasing details are required for the finance department and so on. So if all the information islands, which were function in isolation, were integrated into a single system, then the impact of that would be dramatic.

If the purchase department can see the production planning details, then it can make the purchasing schedule. If the finance department can see the purchase details as soon as it is entered the system, they can plan for the cash flow that will be necessary for the purchase.

In legacy system getting information about some aspect that is dependent on more than one department is a difficult task. And no business executive or decision-maker can take good decisions with this isolated data that he will be collected from the various reports produced by each department. Even if he collates the data and produces the information that he requires, he will have lost valuable time that could have been better spent in decision-making.

With the implementation of eresource ERP system the organization will able to function as a single entity and caters to the information needs of the whole organization. When the information that is generated is accurate, timely and relevant, it will go a long way in helping the organization to realize its goals. This is eresource ERP’s strength  – integration and automation – and that is why implementation of eresource ERP system will help in improving the information accuracy and in better decision-making.

Also Read – ERP Software in Nigeria

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eresource ERP – A perfect solution for 24×7 access to business information

eresource ERP – A perfect solution for 24×7 access to business information

The changing business scenario has made many organizations realize the need and importance of the integration of ERP and other business technologies to deliver the productivity improvements and remain competitive.

eresource’s efforts to make awareness among the business communities about the need of integration of ERP with the Internet and World Wide Web in order to take advantage of that powerful medium, has brought back a desired result through a substantial ROI (return on investment) for many of these organizations.

With the advancements in encryption technologies and Internet security, conducting businesses over the Internet is becoming safer. This has enabled extending the ERP dissemination and data transfer across the Internet cheaper compared to expensive private networks and dedicated transmission lines. So taking hints from the growing popularity of the Internet and World Wide Web, eresource has transformed its ERP software into a Web-enabled system which is bound to boost functionality of any business industry.

Earlier ERP systems are used to integrate and optimize an organization’s internal manufacturing, financial, distribution and human resource functions. Web-enabled eresource ERP system addresses the integration of business process that extends across the enterprise and its trading partners. eresource ERP forms the basis of Internet enabled eBusiness and collaborative commerce.

Web-enabled ERP was introduced to give customers and partner’s access to scheduling, delivery, inventory, manufacturing, invoicing and planning information. Over the last few years, solutions like CRM and SCM have leveraged the Internet to support these processes. eresource ERP incorporates them all in a single package. To be globally competent, an organization needs to open and reach out to its collaborative partners. eresource ERP enables businesses to compete by providing information on-line and adding real value to businesses of all types and sizes.

Today’s business leaders need information to be more readily accessible. They want real-time views into their business so that decisions can be made when they need to be, irrespective of where they are located. They also need this information without the added time of tracking data and generating reports. Managers want to monitor key metrics in real-time to actively track the health of their business.

Though ERP was a good start, the market is currently demanding more. The one dominant conclusion is that ERP must now involve the entire enterprise, delivering consistent, measurable processes and up-to-the-second information that supports profitable decision-making, irrespective of the location of the user. It is here that eresource ERP comes into picture and boost the power of ERP by offering 24×7 accesses to business information and business intelligence irrespective of the geographical location of the user, enabling him or her to make timely decisions.

Also Read – ERP Software in Nigeria

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eresource ERP can bring unimaginable benefits to SME’s

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

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

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

Also Read – ERP for Process Manufacturing

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

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

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

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

Also Read – ERP software for Manufacturing industry

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

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

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

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

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

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

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

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

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

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

Also Read – ERP for trading business

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Competitive Advantages of Highly Effective ERP System

Advantages of ERP System:

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

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

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

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

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

Also Read – ERP System for Trading company

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eresource ERP software solution: easier to use and simpler to implement

Though there are numerous players in the Indian ERP market today, eresource ERP software solution stands out among its competitors. Our ERP system is composed of several integrated modules that replace legacy systems, most of which are point solutions that operated solo in their respective departments.

eresource ERP software systems use a common corporate database to integrate not just multiple departments, but also multiple sites, for a truly company wise view. In this way, this ERP system gives greater visibility into business processes across the company, including the finance, human resources, manufacturing and marketing departments.

One of the challenges in the Indian ERP market is scaling these complex, expensive systems to make them more accessible to midmarket companies. With the introduction of Filtered ERP, eresource has made ERP within reach of all small and mid-sized companies.

We have also made our ERP software solution easier to use and simpler to implement, as well as reduced cost necessary customizations to fit the business, namely by adding features that support certain aspects of businesses that are common to midsize organizations in a given industry.

Though we agree to the point that almost every midmarket ERP solution includes the same modules, the features within those modules vary greatly when it comes to eresource ERP.

In general, our ERP system’s core modules are:

  • BI (Business Intelligence)
  • CRM
  • Financial management
  • HCM (Human Capital Management)
  • Manufacturing operations
  • SCM

We have incorporated video demos of our Construction and Infrastructure ERP in the site. You are most welcome to visit those pages to ascertain how effective the modules are. We are sure these demos will help you to scrutinize our system closely. We are on the process of adding more video demos to all other verticals. (Please visit us again to see it yourself).

You must also keep in mind that the time is right during an ERP implementation to standardize business processes across the network – which should make it easier to carefully align your organization’s business

Also Read – Call +91 77389 72222 or Email us at info@eresourceinfotech.com for Free ERP online demo!