The only solution to all these problems was the introduction of applications like ERP or Enterprise Resource Planning. ERP is an application which serves the purpose of interconnecting various departments in an organization and also maintaining a common where all the data is stored so that any department, at any time, can access this data. This enabled transactions between various departments to be conducted in a very smooth and efficient manner and since the data could always be backed up, it became easier to handle the data at hand. Although the advent of ERP companies like SAP, BAAN and Oracle was a step in the right direction, it was prohibitively expensive to implement these branded ERP’s in the SME (Small Medium Enterprise) segment. India being a developing nation, it was always impossible to entertain such brands for the Indian market. This is where the advent of Indian ERP Companies minimized this problem to a large extent. Indian ERP companies were primarily meant and designed for the SME market, although they catered to the larger corporations too. But, the focal point of Indian ERP companies was the SME segment, which was efficient and affordable.
Also the advent of web-based ERP applications really brought in a huge amount of relief to the people who developed and implemented ERP’s as well as the customer who used these ERP’s. This was because there was no reason to install huge amount of software at the client site. All that was required was a server which was to be installed at the client site with the ERP loaded into it. Also, the client was always in constant touch with the developer and any problem could be rectified instantaneously online.
ERP companies like the Mumbai-based Eresource ERP are one of the frontrunners in the development and implementation of web-based ERP applications. Thus, we can say that Indian ERP Companies are in the forefront as far as development and implementation of ERP applications is concerned.
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