Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Monday, September 3, 2012

SMEs are the most aggressive adopters of eresource ERP

A business solution to overcome the market challenges

The way ERP system was used by organizations taking a rapid change. Initially an ERP solution was mostly preferred by manufacturing organizations only. And that too for the Finance and Accounting, Sales and Distribution, Materials Management/Purchase process. Lately they have included Plant Maintenance, HR, Transportation and Service modules for easy operational process.

Today every industry is looking for an ERP solution to run their business smoothly. Like the manufacturing industry, process industry also has benefited most from implementation of eresource ERP system. Fleet Management, Construction, Chemical, Automotive and Trading Industries all are finding eresource ERP system as an affective business solution to overcome the market challenges.

Apart from the above industries other industrial sectors like cement sector, power sector, and food sector are going for eresource ERP solution. Many construction and project companies have also implemented eresource ERP solution for an effective business process.

The SME segment in India has been one of the most aggressive adopters of eresource ERP software. In fact almost 60 per cent companies in our client list are from the SME segment. This increase in the penetration level in the SME segment is attributed to the introduction of low cost eresource ERP solution.

The implementation of eresource ERP helped the SMEs to get aid in smooth inventory management, timely scheduling of production cycles and shipment of goods, managing human resources and online data communication.

The emerging trend in the ERP market shows a steady increase in the implementation of ERP system in every industrial sector. As a result, these industrial sectors have witnessed tangible quantitative benefits in the post-ERP implementation era.

Companies that have implemented the ERP system must realize is that most of the time all the benefits are difficult to prove on statistical grounds as soft benefits like comfort in work life, maturity in planning, attitude changes, transparency, visibility etc are either practically impossible to measure or correlate such improvements to ERP implementation. For the real effect of ERP system, companies are supposed to set their objectives prior to implementation followed by measuring of the achievements after implementation, and only then should they conclude about the effects of ERP.

We must also remember that as the Indian market seems to be very encouraging for ERP implementation, the organizations must pay attention to the time-frame deployment. The structured implementation programme such as eresource ERP's Guaranteed On-Time implementation, can speed up system deployment and return on investment.



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

Monday, August 27, 2012

SMEs are the most aggressive adopters of eresource ERP

A business solution to overcome the market challenges

Agility is the watchword

The way ERP system was used by organizations taking a rapid change. Initially an ERP solution was mostly preferred by manufacturing organizations only. And that too for the Finance and Accounting, Sales and Distribution, Materials Management/Purchase process. Lately they have included Plant Maintenance, HR, Transportation and Service modules for easy operational process.

Today every industry is looking for an ERP solution to run their business smoothly. Like the manufacturing industry, process industry also has benefited most from implementation of eresource ERP system. Fleet Management, Construction, Chemical, Automotive and Trading Industries all are finding eresource ERP system as an affective business solution to overcome the market challenges.

Apart from the above industries other industrial sectors like cement sector, power sector, and food sector are going for eresource ERP solution. Many construction and project companies have also implemented eresource ERP solution for an effective business process.

The SME segment in India has been one of the most aggressive adopters of eresource ERP software. In fact almost 60 per cent companies in our client list are from the SME segment. This increase in the penetration level in the SME segment is attributed to the introduction of low cost eresource ERP solution.

The implementation of eresource ERP helped the SMEs to get aid in smooth inventory management, timely scheduling of production cycles and shipment of goods, managing human resources and online data communication.

The emerging trend in the ERP market shows a steady increase in the implementation of ERP system in every industrial sector. As a result, these industrial sectors have witnessed tangible quantitative benefits in the post-ERP implementation era.

Companies that have implemented the ERP system must realize is that most of the time all the benefits are difficult to prove on statistical grounds as soft benefits like comfort in work life, maturity in planning, attitude changes, transparency, visibility etc are either practically impossible to measure or correlate such improvements to ERP implementation. For the real effect of ERP system, companies are supposed to set their objectives prior to implementation followed by measuring of the achievements after implementation, and only then should they conclude about the effects of ERP.

We must also remember that as the Indian market seems to be very encouraging for ERP implementation, the organizations must pay attention to the time-frame deployment. The structured implementation programme such as eresource ERP's Guaranteed On-Time implementation, can speed up system deployment and return on investment.



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

Thursday, July 5, 2012

HRM module improves employee collaboration and business process flow

New look eresource ERP

Change is taking place everywhere. Emerging sophisticated technologies make all business houses to adapt to the change. Today it has become essential for every department of an organization to work with the latest and fastest technologies to achieve the expected growth of its business.

As far as an organization is concerned, Human Resource Management is a very important and somewhat a little complex task. Managing the workforce efficiently makes the path to progress in a organization. No longer can companies afford to look at people as commodity to be exploited to exhaustion and then discarded. In today's organizations employees are viewed as human resources that need to be carefully nurtured, accommodated and developed..

eresource HRM

HR Management module in eresource has been developed keeping in mind all the latest requirement of successful functioning of an organization. This module streamlines the management of human resources and human capitals. It comprises of four broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module in eresource routinely maintains a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees.

eresource HRM module is a suite of integrated solution, designed to facilitate HR operations by reducing time-intensive administrative tasks and lowering costs by deploying self-service applications. eresource solution offers many different sub-systems under the HR module.

This module can improve employee collaboration and help business processes flow more smoothly through powerful group-calendaring capabilities, calendar sharing, and the development of schedules for each project or activity.

eresource HRM

The payroll and attendance system of employees in eresource HRM module is a complete and full-service solution for managing payroll, which includes handling all filings and deposits for central, state and local jurisdictions. This also could minimize payroll headaches, reduce tedious paperwork and provides a peaceful working environment.

Important factor about a HR management system is that it has to be adaptable to company specific requirements as well as to constantly growing HR requirements. It should cover all the functions required in business practices and be flexible enough to allow you to optimize your business processes by tailoring the ERP solution to suit your organization's needs. Today, businesses cross boundaries and spread across different part of the globe. The system should support the organization's international needs with country specific versions of the HR components.

With eresource ERP meeting all this requirements and provides complete support to manage all the department in a integrated manner with its web-based technology, companies that prefer to go with this system bound to enjoy a substantial benefit with an attractive return on investment from their ERP system implementation.

As eresource is the one of most affordable, reliable and efficient web-based ERP systems available in Indian market today, organizations ranging from large to small and medium could easily deploy this system without having to worry about big budget spending or implementation failures.



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

Wednesday, August 24, 2011

ERP system helps curtail financial malpractices

When we think of the reasons behind the consolidation of software applications, ( http://www.erppandit.com/ERP-system-helps-curtail-financial-scandals.html )the picture we get is very clear and straightforward. Everyone will agree that purchasing, installing and maintaining one application is best option and less costly than purchasing, installing and maintaining multiple applications. Therefore when a company implements ERP system their business operations get smooth and efficient.

One of the prime reasons the top management is eager to implement an effective ERP system is to stop any financial malpractices. Unearthing more financial scandals increases the responsibility for top management and the system should be capable of bringing such events in to the notice of the top management without any delay. Likewise the current economic situation and new competitive threats continue to make key performance indicators of interest to multiple layers of management and decision makers. Linking more departments into the same application links their information and cost factors in as well. In the case of asset management, that means being able to summon a more complete total cost of ownership picture for specific asset or asset classes from a single application.

Another important benefit of an ERP system is that helps improved collaboration between and within departments. Again returning specifically to the case of asset management, there are a number of different departments and individuals involved throughout the lifecycle of an asset. Providing the right information to all who have involved on right time makes the decision making a easy method and bring a cordial working environment.

Enterprise Resource Planning systems are getting much better at keeping all interested parties informed with what they need to know through configurable views into the data and automatic notifications to proper individuals when certain conditions exist or certain work is completed. On the one hand, this sort of collaboration can bring productivity gains from eliminating manual routing of information and coordinating schedules to avoid having to reschedule or redo work because of something another department did. On the other hand, it can also offer a way to control and ensure processes required for compliance are followed, transferring that responsibility to a computer system that can enforce processes and eliminate some of the opportunities for human error.

Elimination of redundant data is considered to be another reason for integration of application. When a organization maintains two separate and unconnected systems with asset information they will need to store much of the same information about those assets in two separate systems. This redundancy not only implies duplication of effort to enter and maintain information in two systems but also brings up serious regulatory and compliance. Implementation of an effective ERP system eliminates all these shortcoming and can make a the organization attain the desired result in the business.

For more information kindly visit: http://www.eresourceerp.com/Finance_Resource_Management_ERP.html
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, November 14, 2010

SMBs can benefit more from ERP

eresource implementation takes less time

ENTERPRISE Resource Planning (ERP system is becoming an increasingly indispensable application for SMBs in many manufacturing industries. But the real benefits the SMBs get from the implementation of eresource ERP differ from those gained by bigger organizations. Here are some details to help you understand eresource ERP can bring to SMBs.

eresource ERP is an ideal solution for SMBs as our solutions are scalable. In addition to Tier 1 ERP solutions such as those from SAP and Oracle, SMBs can find Tier 2 ERP solution in eresource and it occupied with all industry-focused software options.

Large organizations spend almost 9 per cent of their annual revenue for the purpose of ERP implementation. SMBs, on the other hand, need to spend materially less when it comes to eresource ERP.

While implementation costs vary greatly depending on company size, there is less variability in implementation duration. However eresource implementation takes less time than any other solution in the market today. This has been linked to our guaranteed On-Time Implementation strategy, which makes as one of the most reliable and prompt ERP solution provider in India.

Software customization takes up a lot of money and time. This will make a real impact on SMBs in their business negatively. With eresource ERP you can eliminate any customization as it has been developed and implemented with a proper case study and successful design signoff, which makes our system most appropriate and suitable solution for your business.

This to be remembered that SMBs have more options in the market that the larger organizations. They should not be hesitated to cash on it. ERP implementation is a one time exercise and decision regarding this must be taken with right mind of frame and vision keeping your business strategy in heart. A small wrong step can leads to a big implications in your business. This should not occur.

Small and medium-sized businesses (SMBs) are the major beneficiaries of eresource 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. Businesses 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.

The requirements of each company differ in terms of standard industry practices and unique practices. eresource ERP system caters to every need of an organization. The system is integrated with componentized solutions with standard modules and specific functionality to address the unique process.

eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SMB segment. 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.

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

For more information kindly visit: http://www.eresourceerp.com/SMBs-can-benefit-more-from-eresource-ERP.html

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

Monday, July 19, 2010

How the ERP system can make impact on organization

With the fast developing of industries and the need for managing procedures and resources, it has become very important to have a tool which can help you coordinate several activities, and the best one is ERP. The advantages of having ERP are many. It gives you the opportunity of integrating every procedure of your business while improving the quality of several areas simultaneously. These areas include human resources, accounting and operations. In addition, ERP helps to increase your production levels and to control your costs more efficiently, and this means that you will be able to control the whole enterprise more efficiently.

A very important facility of the ERP systems is that they increase the availability of the information, helping companies to have information in real time to make decisions and accurate prognostics regarding the organization. It is important to mention that ERP systems are a very powerful tool when it comes to processing and organizing financial data. It improves the development of the commercial activity in the short and long term.

In the enterprise management module you can perform integral strategic planning, keeping an eye on the daily activities and having fluent communication with the investors. The human resources module allows you to make decisions and optimize the company's investments regarding employees. With all of this one can see that an ERP system brings visible advantages.

Another important consideration to make is that the implementation of ERP takes time and generates deep changes in the way you do business. But the important thing to remember is that every enterprise can see the benefits of the ERP systems, although for the first period it may only seem like an investment. The benefits indeed are really bigger than the costs, and it is very valuable l to invest in an ERP system.

For more information kindly visit :http://www.eresourceerp.com/How-ERP-system-can-make-impact-on-organization.html


OR Contact us at

TMA House, 1st Floor, Road No 16, Plot No. 6, Waggle Industrial Estate, Thane (West) 400 604, Maharashtra
Tel: +91 22 25827692, +91 22 25828775,+91 22 65130234, e-mail (Sales): sales@eresourceerp.com, e-mail (Help Desk): helpdesk@eresourceerp.com, Website: http://www.eresourceerp.com

Tuesday, April 13, 2010

ERP and accounting software

Accounting package handles only individual business functions of accounts whereas Enterprise Resource Planning (ERP) package handles the entire range of business functions of an organization.

ERP system is a fully integrated business management system covering functional areas of an enterprise like Finance, Human Resources, Production, Sales and Logistics etc. It organizes and integrates operation processes and information flows to make optimum use of resources such as men, material, money and machine. ERP is a tightly integrated closed loop business solution package.

ERP system enhances a manufacturer ability to accurately schedule production, fully utilize capacity, reduce inventory, and meet promised shipping dates.

For more information kindly visit: http://www.eresourceerp.com/difference-between-ERP-and-accounting-software.html

OR 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, e-mail (Sales): sales@eresourceerp.com, e-mail (Help Desk): helpdesk@eresourceerp.com
Web site: www.eresourceerp.com.

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