Showing posts with label Total. Show all posts
Showing posts with label Total. Show all posts

Monday, June 18, 2012

Financial Management module helps strategic planning and decision making

Financial Management is considered to be one of the most important modules of an ERP system. ERP financial management module includes features that support creation of ad hoc reporting as well as month-end closing, quarter closings and year-end reporting.

eresoure ERP financial management system, which encompasses the functions that are required to maintain one or more sets of books, generate financial reports, manage cash and fixed assets and execute payment and receivable transactions.

The financial management functionality in eresource ERP system minimizes manual data input on behalf of the user, thereby freeing the user from tedious, routine tasks and allowing greater focus on other, greater value added, tasks.

As the module is keeping track of every movement in and out of the warehouse, it can deliver at any time clear value of what's in stock. The financial module in ereosurce follows every individual step, including budget planning for production and billing.

Apart from the above functions the Financial Management in eresource gather 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.

eresource ERP Finance management module also has the capability of meeting all the accounting and financial needs of an organization. It is with this module that Financial Manager as well as other Managers within business can review the financial position of the company in real time and assist in better decision-making and strategic planning.

Default charts of accounts.
Linked accounting. Direct navigation from accounting entries to documents and vice versa.
Journal entries.
Trial balance. General ledger.
P&L statements (income statements).
Balance sheets.
Receivables and Payables
Generation of debt payments (from invoicing).
Issue of debt payments. Management of accounting documents.
Bank statements reconciliation.
Asset Management
Bank Accounts Management

In addition to the above outlined features, provision for Bank Guarantee, Forward Contracts, Letter of credit is also available in eresource ERP.



Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234

Sunday, May 20, 2012

eresource ERP TQM module enhances the ability to listen to the customers

Organizations targeting Total Quality Management (TQM) in their businesses, Enterprise Resource Planning (ERP) software has become an essential necessity, Though these two concepts are getting treated separately, in reality separating one from other is impractical as far as a business organization is concerned.

Therefore it is a undisputed fact that quality is the prime pillar of success for any industry. Eresource ERP is integrated with a sophisticated Quality Management Module that helps Quality Assurance & Control department

eresource ERP Quality Control Module not only monitors quality by control plans in purchasing 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 materials, through jobwork of intermediates, to inspections of finished goods before shipment to customers. Following are some function integrated in our TQM module.

•Quality Control
•Product Quality Control
•Job work Quality Check
•Record of Analysis
•Certificate of Analysis
•Approved / Rejection Slip Quality Audit Records
•Compliance Reporting
Customer focus ranks first among the basic principles of eresource total quality management. One can realize many advantages brought on by the use of eresource ERP systems with its TQM module. Implementation of eresource ERP helps organization's enhanced ability to listen systematically to what the customer is communicating, faster response to customer requests, and increased quality in the services offered to the customer.

Another basic principle of total quality management is an inherent consequence in an organization where eresource ERP software is in use. For an organization that has made the appropriate choice in their ERP system, the associated best practices are, in a sense, acquired for free. The successful implementation of eresource ERP and the proper usage of its TQM module further assure that the system promotes the evolution of the organization in a continual fashion.

Maintenance of up-to-date and reliable information on suppliers, and assessment and evaluation of suppliers also constitute important aspects of TQM module. eresource ERP system provides support for associated functionality through dedicated modules.

For businesses that are at the ERP selection stage, we recommend to a system with integrated TQM module. An ERP system without TQM integrated is not sufficient to meet the present needs of any organization. Keeping in mind the continuous improvement, organizations must implement an ERP system that will be able to meet their future needs as well. The system must also be flexible, and have the infrastructure that will allow it to keep pace easily with revisions in the business processes. Additionally, working efficiently with an ERP system that is well versed in TQM requirements is key among factors for success of a business organization.



Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234

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