Focus on what’s important. Let an ERP do the rest!

According to Gartner research reports, Indian industrial market is expected to touch USD 7.1 billion in 2018. This signals the growth opportunities for various business that can soon be seen. Organizations, which are ready to plunge in such pool of opportunity, will be able to acquire the crest of success. However, it is inevitable that…
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ERP: A pillar for Financial Management

Financial accounting is needed for companywide control & integration of financial information that is essential to strategic decision making. It provides ability to centrally track financial accounting within an international framework of multiple companies, languages, currencies & charts of accounts. Using ERP in financial management is a great way to maintain the control in a…
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Can an efficient ERP help in effective Materials Management?

In today’s dynamic market, industries are constantly looking for ways, to establish a competitive edge over competitors. For long-term profitable sustainability, they are showing more inclination towards production excellence. Quality of goods purchased, plays a pivotal role, to materialize the same. To streamline the process of acquiring raw materials, there arises a need for managing…
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Show some love for your business! – An ERP can help

Every love is different, every relationship is different. So unless it's yours, it really isn't your business! Witnessing your small enterprise grow at different stages, in different processes can be delightful, giving you a sense of fulfillment. A dream that once was just yours, but now you share it with the world. A young entrepreneur,…
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A dynamic database: Backbone for a high-end software

Database management systems are one of the key links for data creation and management in the companies. An efficient database management system, provides easy accessibility of data, allowing smooth functioning of enterprises around the world. Currently, the two leading database management systems are PostgreSQL & MySQL. PostgreSQL is the world’s most advanced open source relational…
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Embracing Change with Ease

Businesses will soon face the next big regulatory upheaval since the launch of the Goods and Service Tax (GST) Manufacturers and suppliers that engage in the movement of goods valued at more than Rs. 50,000 or a distance greater than 10 kilometers will have to start generating e-Way bills. The e-Way bill replaces the old…
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ERP Trends for 2018

Manufacturing is being transformed by the same forces transforming the rest of the business landscape: the evolution of digital technology, technology advancements, digital transformation and an accelerating need for organizational agility and competitive advantages. Keeping pace with the needs of worldwide manufacturing, ERP too has evolved from a simple business process management system to a…
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8 Ways ERP Systems Improve Manufacturing Quality

Implementing an ERP system does more than just streamline your business operations. An ERP system can also help improve manufacturing quality. Quality is improved because manufacturers are forced to implement standard procedures and maintain accurate data for the system to work effectively. According to a survey of operations and quality assurance managers by consulting firm…
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Simplify. Strategize. Get more from your ERP.

At its most basic level an ERP system covers a broad set of activities that help an organization manage its business. The goal of an ERP solution is to integrate business processes and facilitate the flow of information within an organization so business decision can be data-driven. But increasingly most modern ERP solutions are going…
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ERP & Peace of Mind

A robust ERP solution is not only good for your business; it provides you peace of mind as well. That is because an ERP does more than integrate business operations under one backbone to provide you with a holistic picture of your business. The very nature of working with a centralized data collection system ensures…
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Tale of Two Decisions

It was the best of times; it was the worst of times. One friend was celebrating his promotion to Senior IT Manager, the other was drowning the sorrow of his joblessness. A strange twist to their story as the two men, now in their 30s, had started off their journey in the corporate world at…
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Five Emerging Trends in ERP

The ERP landscape is changing almost daily. Staying up to date on ERP trends, is the need of the hour before making the final choice. To help you in your decision, here are five ERP developments to keep an eye on. On Premise Vs SaaS ERP Traditional ERP applications are stored on your company servers…
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Your business deserves more than just accounting!

An ERP is quite literally the process backbone of your organization. It not only runs through every department and structure within your company, it also provides you the essential support needed to function at optimum capability. It empowers your employees, frees them from tedious double entry, provides live updates on your business and enables you,…
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Build Efficiencies to Build a Business

The launch of the iPod in 2001 did many things. It revolutionized the music business, it was Apple’s first real foray into volume-driven consumer business, something it would come to dominate with its iPad and later iPhone products. It also spelled the end of a company that for 21 years was synonymous with portable music—Sony.…
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Role-based Access Control: Good for the User, Good for the Company

A report highlights that financial losses of companies from hacking is close to $400 billion a year. A significant portion of cybercrime goes undetected. Companies often prefer to say nothing, rather than risk damaging their reputation and to avoid litigation. Cybercriminals do not just steal data. They also stole up to one billion dollars in hard currency from…
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Is Your ERP Robust Enough to Support Your Business?

There are many advantages to implementing an Enterprise Resource Planning (ERP) software solution. Among them are improved productivity, increased efficiencies, decreased costs, streamlined processes, informed decision making and compliance with statutory guidelines... e.g. GST norms. However, implementing an ERP solution can be a time consuming and costly solution. While many of the solutions on offer…
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Business Process Management heart of an ERP

In today's global business scenario and multi locational teams, effective cross functioning and governance of business policy are the cornerstones of a successful enterprise. Business policies are the guidelines developed by an organisation to govern its actions. They define the limits within which decisions must be made. Business Process Management (BPM) is a systematic approach…
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Get Smarter by Connecting Internet of things (IoT) to Your ERP

To the list of greatest inventions of the world like the wheel, compass, steam engine, concrete, automobile, railways, airplane add 21st century’s offering the Internet of Things or IoT. Gartner estimates the total economic value-add from IoT will reach US$1.9 trillion worldwide in 2020. Other reports claim close to half the companies in sectors like…
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ERP at the heart of Digital Transformation

With the government of India going digital, can businesses survive without undergoing a digital transformation themselves? Almost every intersection of government and business has undergone massive change in the last couple of years. Most of the change has to do with the way the government expects businesses to function with regards to regulatory compliance. Be…
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How ERP Can Help Manufacturing

Modern day manufacturers walk a tight rope of impossible deadlines, customized products, just in time delivery and lean inventory levels. They also need the ability to respond to changing market conditions swiftly. Running a modern manufacturing business is similar to running a marathon, on a tight rope on a really windy day! Even small manufacturing…
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Six ways ERP helps improve Inventory Management

More than half of all new businesses will fail within the first five years of setting up operations. A further 30 percent of the businesses will not enter their 10th year of operation. While there are a significant number of reasons for businesses to fail, one of the most striking, and avoidable, reason is poor…
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Legacy systems could cost you your business

One out of four companies will lose their competitive advantage in 2017 due to lack of digital business competence. These companies will lose out on new business as their rivals will have a faster time-to-market, streamlined operations, better business intelligence and cost savings that digital businesses generate. These companies essentially lose out because of their…
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ERP Helps Metal Fabricators Shine

The Metal Fabrication industry is connected with almost all spheres of economic activity. From making spoons to complex aircraft parts, there is a little bit of the metal fabrication industry in all of them. The main challenge for metal fabricators is in handling the immense variety of products, and the complexity of producing them within…
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Outgrowing the Traditional & Accepting the change

As businesses expand in terms of scale of operations & presence, it becomes critical to have a solution that helps them to keep pace with their growing needs. The platform a company chooses should offer better control, be flexible and adapt to the needs as the business scales up. Another important aspect is, it should…
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Revenue leakages through pricing costing you? 3 ways in which an ERP can help

Nothing is free in today's business world, but cutting costs can increase your profits enough that your business feels the success. Using an effective Enterprise Resource Planning (ERP) system can help you reduce your revenue leakages. The 4Ps of marketing are i.e. Product, Place, Price and Promotions, these are the foundations of any marketing strategy.…
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6 ways mobile ERP solution can help your sales team

Mobility in the enterprise has become as big a business driver as the internet was in the early 90’s. Most companies are adapting some sort of mobile application to drive their businesses. While mobile adaptation is still low, companies that have incorporated mobile technologies are reporting the benefits of going mobile. A recent report on…
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Looking for shorter & on time customer deliveries? Five ways an ERP can help you

Traditionally, in the initial stages all businesses struggle to produce high-quality goods at the lowest possible cost. Stalk and Hout introduced a new concept of “Speed” which was a new learning for the business world. This added element was an ultimate key to competitive advantage. Stalk closely observed how Japanese companies progressed, even when they…
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Efficient Credit Management Key to SME Survival

Most small and medium enterprises in India shut shop within the first two years of operations. In fact, only a handful make it past five years. While lack of experience and planning are often cited as reasons for SMEs to fail, the number one reason for failure is lack of funds. Second, critical reason for…
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Ease of Use Defines Operational Success

The implementation of GST on July 1st has made it critical for companies to deploy an ERP system. While the benefits of an efficient ERP system go way beyond regulatory compliance, to helping improve the overall business efficiency of any organization. There is a cautionary tale as well. That of improper ERP implementation. Studies have…
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