Embark on eresource ERP and take your business globally

ERP Software for Business Growth

With the implementation of eresource ERP, many companies in India have become technology-driven organizations. What is important is that all these companies had a MRP solution in place before embarking into eresource ERP solution. These companies, however, noticed that their MRP system formed islands of data that inhibited information flow. It was inadequate for the needs of these companies whose businesses were large and complex.

When the plans for re-engineering underwent in these companies the future course of growth also have been taken into consideration. Many of these companies were growing into strategic business units from functional organizations. In some of these companies the decision to implement eresource ERP was the direct fallout of BPR initiative. However, it is not to be forgotten that a large-scale BPR is inevitable for exploiting the capabilities of an ERP package. These organizations have focused implementation of eresource ERP after their restructuring exercise.

It is also important carry out thorough analysis of the ability of applications to meet core business process needs and identifying gaps between core needs and existing application’s features and functionality should b e documented well with alternatives, including estimates of all resources and schedule impacts.

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

There was time when an ERP solution was an exclusive internal solution of an organization and many people in the organization were not aware of the existence of a technology under their nose or they have lacked the information about functioning. With the advent of Web-based eresource ERP everyone in this organization started realizing the functionalities of an ERP solution also its benefits.

Though there was awareness that ERP system was a web friendly application the advantage has not been fully explored, until eresource made its entry. However other ERP solutions had its own reservations in using internet abundantly. eresource ERP worked on them and hence became totally a web friendly application.

There is also misconception that an ERP system is only for the large organizations. However, that is not correct. We can say with confidence that the Small and medium-sized businesses are the major beneficiaries of ERP system and they are the main force that pushed the ERP growth in India. Inflexibility of earlier ERP systems from SAP, Oracle and PeopleSoft pushed the customization drive.

Customers are moving from best-of-breed to a best-for-business approach, implying that they prefer extensions to their existing ERP for applications like planning and optimization, business intelligence and knowledge management. This has resulted in emergence of eresource ERP, an effective web-based ERP package that suits large organizations and SMEs alike. eresource ERP software is an ideal ERP for Business Growth.

What are the best Erp system for process industry?

ERP Software for Process Industry

Investing in an ERP System must be taken with some serious thoughts. Once implemented the system must serve the company for years to come. It must also reflect how you do business today yet evolve through subsequent business practice changes.

An ERP system in a process manufacturing company depends on data from every corner of the business such as inventory receipts, quality assurance test results, production records, customer orders, payments from customers, payments for purchases, shipments and invoices, maintenance of equipment and facilities, investments as well as several others heads under taxes. Therefore it is very important that the ERP system must be designed to reflect very need of the company’s business processes.

With the implementation of eresource ERP system for process industry segment, distribution processes become streamlined and the supply chain will be more responsive. Plant executives get an effective ERP system to respond to that demand for shorter response times. Variable customer requirements, reduced inventory levels, ever-changing schedules and shorter production runs also impact plant operations – and necessitate the use of automation to ensure peak efficiency.

Innovations and developments over the past few years in the Information Technology have resulted in a reduction in labor, and the widespread use of process control instruments. These developments have increased information flow between the plant floor and the ERP system. eresource ERP provides required support to your business process a smooth and steady progress. eresource’s web-based ERP system enables the real-time, plant floor information to control information in a manufacturing environment.

In a process industry ERP system, factory floor is always on the focus, specifically on the operator/user who is the most intelligent agent in a manufacturing environment. With eresource ERP system implemented, automatic data capture provides real-time updates to your inventory, improving the speed, ease, and accuracy of data capture. Each operator/user is connected through the ERP system, to everyone else in the plant floor, and to all plant floors within the organization. This operations-centric manufacturing environment-where information is shared within and between plants and planning in real time – is truly the efficient supply chain.

What is most important is that with eresource ERP system all your production process and all other manufacturing process are easily integrated and it enables automatic data collection. When you implement eresource you have an ERP system that is agile, adaptable, and easy to link with everyone in the organization.

Also read – ERP for electronics

More business growth with better data visibility and fewer employees

Business Growth with Fewer Employees

ERP systems became popular with the large and complex companies sought to standardize their business processes and operations across the globe by implementing the system. Until recently, it was only the larger companies that had the resources required to implement such large-scale technologies. With the introduction of web-based eresource ERP system, ERP technology has become effective solution for small-to-midsized companies as well.

It is widely accepted now that the cloud computing is beginning to deliver tangible benefits to organizations. These developments include increased flexibility and agility to business process. Though moving to the cloud computing can bring little more expenses to companies, the benefits these systems could be bring is incomparable, according to IT executives whose organizations have implemented cloud services.

Though in the beginning ERP system has brought interest only to technical managers, later it has been realized that the functioning of an effective ERP system affects business managers of all sorts. ERP is more than just computer software; it’s also a way of transforming and optimizing an entire business. This is why it is necessary to involve business owners and managers in the purchase decision and the implementation of an ERP system.

Success of an ERP also holds importance of involvement of managers in purchase and implementation of the ERP system. In addition, companies should define their future business processes to help select the appropriate ERP software. As the time changing and technology is fasting moving business application also improved a lot as per the requirement of the situation. From traditional legacy system today we are on the way to much advanced cloud computing system like eresource ERP.

It’s important to focus on organizational change management and training activities to ensure that employees understand changes to their jobs resulting from the new software. Showing your back to the latest development in the business world can only push you and your business activities to the corner. What is to be remembered is if you are so cautious in your approach your outing from the field will be imminent that too before you really realizing it.

Web-based eresource ERP implementation can bring changes to the entire operations of your businesses The system now has better visibility of operating data, including order status and financial results. In addition, being a web-based ERP system it can be accessed by company executives and employees worldwide who have Internet access to real-time operating data and can enforce tighter business controls.

Finally, with eresource ERP, improved efficiency will allow the company to more business growth with fewer employees than projected.

Also Read – ERP for Construction Industry

eresource, an ERP ideal solution for SMEs

The flexible, affordable and fully scalable, eresource ERP solution for SMEs is the ideal solution for newly emerging and smaller companies, as well as for growth-oriented SME requiring multi-site and multi-currency capabilities.

It is especially well suited to improving the manufacturing processes of engineer-to-order, make-to-order and high-volume make- to-stock manufacturers in the automotive, electronics, capital equipment, and discrete products industries.

Built on excellence

eresource’s cost-effective, web-based ERP solution, combined with eresource’s flexible and affordable pricing structures, provides SME with a technology solution having all of the functionality and benefits of a “big company” ERP system – but with minimal investment and risk.

The eresource ERP for SMEs solution is built on the rich technology heritage and deep industry expertise of eresource Infotech Pvt. Ltd. and has a history of success in the manufacturing sector, providing comprehensive solutions that are used by the world’s leading manufacturing companies.

Implementation is fast and easy, without the need for expensive hardware and high fees for licensing, implementation, upgrades and maintenance. This also helps avoid additional financial burden for SME sector. Once implemented, the result is maximum value with minimal investment and low risk. Eresource ERP offers a powerful ERP Software for manufacturers and a high value proposition for SME who would rather expand resources on building a successful business.

The modules include:

Product Management

  • Costing
  • Engineering
  • Engineering Change
  • Estimating

Manufacturing

  • Work Orders
  • Inventory
  • Master Production Scheduling (MPS)
  • Materials Requirements Planning
  • Physical Inventory
  • Repetitive Manufacturing

Financial/Accounting

  • Accounts Payable (AP)
  • Accounts Receivable (AR)
  • Billing
  • Financial Integration Management (FIM)
  • General Ledger

Customer Management

  • Bid Process Management (BPM)
  • Contract Management
  • Sales Orders
  • Sales Quotes

Supplier Management

  • Supplier Quotes
  • Purchase Orders

Project Management

  • Project Accounting
  • Project Definition
  • Project Resource Planning (PRP)

eresource ERP is an integrated solution that brings together a wide variety of business functions. Below is the functional description.

Financial -general ledger, accounts receivable, accounts payable, asset management, cost tracking and accounting, cash management, budgeting, invoicing, and time and attendance

Sales – pricing, margins, quotations, contracts, and schedules

Procurement – pricing, requisitions, quotations, contracts, schedules, and vendor rating

Planning – item planning, resource planning, demand planning, order planning, and plan analysis

Project – project definition, project estimating, project budgeting, project planning, project progress, project monitoring, and project invoicing

Manufacturing – bill of materials, routing, cost price calculations, manufacturing processes, shop floor control, project control, manufacturing control, tooling requirements, configuration control, and product classification

Quality Management – inspection plans and execution, calibration plans and execution

Warehousing – inventory planning and handling, inventory analysis

Freight Management -freight order control, route planning, loading, rates and invoicing

Service Management– contract management, configuration management, subcontract management, call management, planning, service order management, scheduling, and depot repair

Also Read – Best ERP Software for Manufacturing in India

For business flexibility and control implement eresource ERP

Which is the perfect ERP system for you? This must be first question asked yourself before you select an ERP system for your business flexibility. From conventional ERP to Web-based system and Cloud ERP as there are many variant available in the ERP market, selecting the right ERP for you is very important.

Selection of right ERP system for business flexibility depends on a number of criteria. This includes functionality of potential ERP systems relative to your business requirements, cost-factor and your organization’s need. It is also important to consider whether you would like to go for a short-term vs. longer-term costs. Ultimately this decision could be further narrowed down to two main variables: complexity and control.

Large companies with huge number of employees need to control their IT infrastructures because they view business technology as a competitive advantage. These companies are more likely to find that traditional on-premise ERP systems to meet their business needs. With their larger background these types of systems can provide the flexibility and control that these organizations are demanding.

On the other hand, most of the small and mid-sized companies consider the ERP function as a tool to excel in their day-to-day business process. They don’t mind outsourcing by getting the facility from outside their compound wall. For these types of companies, Software as a Service or the Cloud ERP solutions often makes more sense.

Global presence of each company also varies depending on their strength and operations also their supply chain sophistication, diversified products, and customer interfaces that provide competitive advantages over their competitors. Companies with higher levels of complexity and sophistication can consider either on premise or hosted off-site (in the cloud).

It is also a fact that almost every mid-market ERP suite shares several common modules, the differences among solutions tend to be quite granular within these modules. Also, even if different packages offer the same feature – say, sales-order management – it might not be bundled in the same module; some vendors include sales-order management in their CRM suites while others package it in their SCM suites.

What is the taken in to account when evaluating an effective ERP system is that key to an ERP package is tight integration between modules, so that all of the core business modules are related.

As every company is different and has different business needs, so it is important to understand which types of ERP systems will work best in your situation. For more information and comprehensive evaluation of each variant, please write to us or call us today.

Also Read – ERP for Manufacturing Company

eresource SAAS ERP model brings economic relief for mid-sized companies

ERP for SMEs

SaaS ERP Model:

It is true that companies are feeling the pressure to continue their technology expansion plans despite the tight economic conditions witnessed all over the world. The option before them is to find better ways to carry out with business process operations much successful way.

In the technology front it is undisputable belief that companies have to have an ERP system to run the business process in the right manner. When the traditional ERP system brings an additional burden to the companies that are already reeling under the economic crunch, SaaS model eresource ERP solutions are really a big relief.

Getting an ERP system varies from companies to companies. When the big companies can afford and needs an ERP system which will be extensively support their all their operations and linked with their branches and departments, small companies must look the system in different angle. The questions about why they must purchase an entire system and spend thousands of rupees on a system which they may not even utilized. In that case it is going to a clear case of waste of money.

This is where the importance of eresource SaaS model comes to picture. eresource ERP SaaS model solution helps to reduce the large-up front expenses associated with software purchases by offering less costly monthly pricing and reducing the investment on server hardware.

Also eresource give companies to an option purchase the modules as per their fund availability and later they can go on extending the system by adding more modules as the requirement demand and as the funds become available.

Though there are other versions of SaaS model ERP system in the market, it’s important to check if you can use the system for your purpose or you need to customize it as per your business process. You need to assemble a Request For Information about the system you are looking for. This document should outline exactly what you want the software to accomplish.

Eresource Saas ERP model can certainly be as flexible as you need to be, complete with the customization your system needs. eresource’s SaaS model is served apart from its main ERP system which provides a browser based platform that also has an agile capability of framework built into it. Eresource is the leading Web-based ERP software in India. Eresource Web-based ERP model with its SAAS version can provide your business with more stability, reliability and flexibility.

Also Read – ERP Software for Manufacturing Industry

Web-based eresource ERP system as a long-time business solution

Web-based ERP for Long-time Business – Eresource ERP Software

Agility is the watchword As a comprehensive, flexible and industry-specific ERP system provider, eresource, satisfies all its clients’ need for quick access to reliable, one-source information for continued business growth. eresource, a leader in web-based ERP solution for many industrial verticals has recently launched its ERP SaaS model focusing the small and medium sized companies in India and abroad.

Web-based eresource ERP system made business process easy for companies. The legacy system they were depend on their day to day work process getting outdated as the demanded regular customization and even after the customization the system lacked integrated functionality.

The data available to support critical business decisions also lacked quality and as a result every sections were forced to develop their own database on spreadsheets and workarounds. Additionally, companies having different ERP system deployed in their other location further contributed to the islands of information and multiple data entry points.

Companies also realized that application support and customization was not adequate enough for an efficient business process and many companies after implementing eresource ERP started feeling the impact with streamlined and effective working method of the system.

It makes extremely happy when we hear about the success stories of our customers that are experiencing with the implementation of our system in their companies. It makes us more proud when we hear that our customers are recommending eresource ERP to new clients, which is highly unusual in today’s competitive business world.

Success of eresource ERP starts from the time of its implementation. As you know the catch word of ERP implementation is speed. It was our New Year resolution that all our future implementation will be completed just in 90 days. However, we ourselves surprised that our first implementation of the New Year has been completed in a record-breaking 40-day time span.

The mission was started when the company, the Byteware Technologies in Dubai has planned to implement an effective ERP system sometime in February 2011. Though the company has evaluated many ERP products, they could not find a suitable one that will match with their requirement. It was during the month of October 2011 that the company happened to established the rapport with us, eresource Infotech, and demanded a quick go and implementation process. The order was finally placed by the company in the month of November 2011 and wanted to see the project go live by January 2012.

The project covered end to end business functions, i.e. from Sales, Procurement, Material Management, Distribution, Warehouse Management, Project Sales and Finance. Yes, of course, the project went live on January 8, 2012, as demanded by the company. It was really a record-breaking achievement.

It is normal to encounter with some technical setbacks at the implementation time. But we have surprised this time there were hardly anything that took much time to resolve. The credit must be given where it is due. Hats off to our implementation team for completing the mission in a very successful way. All our current and future implementations are focusing on the same line of working method and we can promise all our clients that we deliver what you demand that too on time.

Also Read – Automotive ERP

More dynamic ERP modules with easy to operate interface

Companies that plan to invest in ERP system must do a proper evaluation before taking the final decision about the right choice of the ERP modules and Functions. It is to be remembered in today’s technologically advanced business environment, a web-based ERP system can definitely do wonders if not miracles.

Web-based eresource ERP system can definitely help all business operations. It makes the work easy with avoiding unnecessary entries of information. Once an order is entered, the same data could reflect in all necessary modules instantly. eresource ERP is more dynamic than any management software where you may need to do several entrances to complete one task. With eresouce ERP user can evaluate credit possibilities for a sale in real time according to client debt reports, helping you to reduce irrecoverable amounts.

The overwhelming enquiries about our system and its functional modalities, we felt it is necessary to make aware of our system to our aspirant customers in a more easily understandable manner. We also would like to intimate all our existing and aspirant customers that eresource ERP modules have been recently upgraded with more user friendly interface that helps easy operational methods for the users.

In this series of articles we will try to present some of our important modules with its functional modalities with its operational methods with the help of each module’s screenshots. Readers who has any questions related to anything particular could write to us or calls us directly for more detailed briefing and live demos of our ERP system.

eresource ERP system consists of modules such as, Admin, Master, Support, Purchase, Stores, Sales, Service, Purchase Service, Account, Excise, Insurance, HR, Plant Maintenance, Design & RD, Production, QC (Quality Control), TPP, Job Work, PMC, Compliance and Utility. See the below screenshot to view how the modules has been arranged nearly to the convenience of the users.

The login page of eresource ERP solution takes you to the system master page which allows the system administrator or any other authorized person from the company to define the company details, user details and their rights. This module has the option to add multiple companies and branches as per the requirement of the company that have implemented the system under the agreement signed with eresource. The administrator could enter the options such as Company Creation, Branch Creation and Financial Year though this screen and further manage the user rights.

The company name entered by the administrator will be displayed in the opening page from there the user could enter into the ERP modules of that particular company/branch.

When a company or its branch name is clicked, the user will be taken to the module pages where all the modules will be displayed and user could select the module to work with as per the right is given to them by the system administrator. 

Details of working method of each modules will be elaborated in our coming articles which we hope will give a clear picture of India’s leading eresource Web-based ERP.

Also Read – Best ERP Software for Manufacturing in India

Understanding eresource ERP master module

Understanding eresource ERP master module

In the earlier article we have seen the entry page where the different modules of ERP system are displayed. The user can select any of the modules they wish to work on with provided they have the right. What is to be remembered is that before anyone can start work on any modules, the Master must be prepared, which normally done by the System Administrator or anyone that the company has authorized.

In the ERP Master module, we have heads like Account, Item, General, Excise, Warehouse and Report. (Figure shown below)

Each head s has its own sub section where the Administrator could enter the details required to manage the master. After the master is defined, when the user select any section, all the details such as price or condition, entered in the master for that particular head will be applied.

When the mouse cursor is brought above the first head ‘Account’ sub-section under the Account will be highlighted and clicking and going into any of the subheads sections, details could be entered there. See the below figure to understand the creation of Master.

Also Read – ERP System for Construction Industry

In the figure above you could see the head Account has been selected and sub-sections in that head Customer, Supplier, Agent, JobWorker, Transporter, Insurance Company, Consultant and Other Service Provider are highlighted.

In first sub-head, i.e. Customer, you have option to Add a new customer or Search or Edit a existing customer. By clicking the Search button you go to the list of Customers under your company (Figure shown below).

In this manner the Administrator could add details of the companies under their list which will be saved as master and called for action when a user selects it.

Apart from sub-heads under the Account many other sub-heads such as Finish Item, SemiFinish Item, Raw Material Item, Packing Material, Consumable Item, Tools Item, Capital Goods, Inventory Level , Item Group Description, Fixed Asset, Ttem Party Relation, Supplier Wise Item Rate, Customer Wise Item Rate, Currency Rate Conversion, Terms And Condition, Userlist, Branch Party Relation, Branch Item Relation, Party Evaluation, Production Process, Employee Hierarchy, Product Category, Scrap Items Conversion and Excise Head etc can be defined in the master.

Also Read – EPC ERP

Warehouse management keeps inventory moving and shipments on schedule

Warehouse Management Module in ERP

Selecting the right ERP solution with an effective warehouse management module is imperative to keep inventory moving and customer shipments on schedule. eresource ERP provides the means to ensure fast, accurate fulfillment through directed, optimized workflow.

The warehouse management processes built in eresource ERP system allows the inventory in the organization to always be up to date and correctly valued. The possibility of defining the warehouse structure of the organization to the unit level (bins) facilitates the exact location of the company stock at any time.

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.

Warehouse management module in eresource ERP software provides a steady stream of new supply chain workflows, from which users can pick and choose only those workflows they want.

An effective WMS can reduce human errors by preventing product from being put away in the wrong location, picking the wrong product, or picking the correct product but in the wrong quantity. Additionally, such a system can increase the productivity of the warehouse by reducing traveling time, maximizing the use of available space, and suggesting moves for better space utilization.

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.

Also Read – ERP for Automobile Industry

Following are the operational facilities provided in the warehouse management in the eresource ERP system.

  • Vendors and suppliers definitions
  • Warehouses and storage bins and multiple warehouse support.
  • Personalized product attributes in the warehouse (color, size, Grade, Pressure, quality description, etc.).
  • Movement among warehouses.
  • Picking strategies (according to stock, with rules of priority by location, etc.).
  • Physical inventory, inventory planning, continuous inventory.
  • Reports of movements, tracking, stock, arrival/departures, inventories, locations, etc.
  • ABC Definition and Analysis
  • XYZ Definition and Analysis
  • Product Commodity Item Location
  • Product Configuration Bin Card
  • Item Party Relation
  • Inventory History / Non Inventory Item
  • Bin Transfer
  • Ageing Analysis Goods Receipt Note
  • Material Requisition
  • Material Requisition Approval
  • Material Issues
  • Purchase Returns Sales Returns
  • Inventory Valuation
  • Ageing Analysis
  • Stock Transfer
  • Material Indent
  • Personalized reports.

Also Read – Construction ERP Software