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.



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Which companies implement ERP and will it be useful to pursue training in ERP

Various businesses, large and small, have implemented Enterprise Resource Planning (ERP) systems. ERP software supports the distribution of information between various functional departments and geographic locations of a company. ERP systems currently exist in many different forms and offer many different features.

Many manufacturing, pharmaceuticals, Construction, Trading, Transportation and many other companies rely on ERP systems to communicate data between departments such as production, shop floor planning, purchasing and accounting.

Although more and more companies are implementing ERP system to manage their business more effectively, the companies are facing a taunting task in finding professionals to manage the system. This is due to the fact that though the demand for trained ERP professionals are growing day by day, the market is not able to meet the demand due to shortage of sufficient trained professionals. Therefore pursuing training in the ERP field is going to bring handsome career dividends for the IT professionals in immediate future.



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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.



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Warehouse management keeps inventory moving and shipments on schedule

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 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.

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.



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Advanced Software Engineering & Technology

Be an ASET Associate

Why ASET?

Majority of the students who have completed their degree courses in Computer based syllabus are hardly have any practical knowledge in their field as colleges are primarily concentrating on theory based teaching methods. Though the colleges cannot be blamed for this situation, the students who are out of the college must benefit from the course they have completed.

Though some students are getting recruited by the big names in the industry through campus interviews and some other sources, lot of others are desperately searching for good jobs. Keeping that in mind and their degree course as their foundation, eresource Academy has tailored a course which not only will train them with advanced technology but also place them on a job after six months of becoming an ASET Associate.

What is ASET?

ASET (Advanced Software Engineering & Technology) is one-year intensive entry-level program follows a unique "study and work" methodology that offers you the chance to learn theory, and apply it while you work. As an ASET associate, you'll be getting an expert training along with practical working experience. During your ASET period you will be placed alongside some of the brightest minds in the industry and learning from accomplished faculty from academia. You can complete the ASET course after becoming a ASET Associate.

How to become an ASET Associate?

If you are a students who have passed out any degree courses with minimum 50 per cent marks can apply for ASET Associate. ASET Associates are selected through a systematic selection process comprising of objective based test (online), group discussion and personal interviews.

Training Period

Once you are an ASET Associate, you will be placed under training in eresource Academy, the software training wing of eresource, India's leading Web-based ERP developers. ASET, the training program designed by eresource Academy has been an innovative method of making young and aspirant Computer Graduates to marvel in the IT field.

On the job

ASET is a unique expert training program in software technology introduced by eresource Academy with a job placement facility. Students who get selected for the course will be offered a stipend of Rs. 8,000 per month after the first semester, Rs. 10,000 after the second semester and Rs. 12,500 after the third semester. Successful students will be placed as Software Trainees in eresource Infotech with a starting salary of Rs. 240,000 annual package after six months of successful completion of the third semester of the training course.

Apply now

You can download the brochure and the application from by clicking the below links. Before filling the application form read the brochure carefully. Application form must send to us on or before May 31, 2012. Shortlisted candidates will be intimated regarding the venue and date for the Online Test through email. All the applicants must have a valid email ID for correspondence and must check their mails periodically for any update from administration department.



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Purchase module in eresource ERP streamlines procurement of materials

New look eresource ERP

Purchase Management module in eresource ERP streamlines procurement of required Material, packaging material, sub assembly and other non-inventory materials. It automates the processes of identifying potential suppliers, Supplier Evaluation, Supplier Quote Evaluation, awarding purchase order to the supplier, and billing processes.

Purchase module is tightly integrated with the inventory control, Sales and Finance Module. eresource ERP flow of supply guarantees the integrity, tracking and homogeneity of the entire process. Each document in the supply process is based on the information contained in the previous document, so that repetitive introduction of data and human errors are avoided. Through eresource ERP, to navigate through different documents that conform to a determined flow (order, supplier's delivery note, invoice, payment) and know in information at the real time for any order (pending, delivered, partially delivered, invoiced, frozen, etc).

eresource ERP never encourages the purchasing of anything without valid requisition.

All quotation received from the vendors can be evaluated on the basis of Quotation Comparison. Purchase Order in eresource can be generated on the basis of Approved Quotation or also Direct PO can be generated. Direct Purchase Order is usually generated in the case of Rate contract with the supplier.

eresource login page

Purchase planning, based on necessities, keeping in mind minimum stock levels, goods receipts dates, and pending requests.

Material Requisitions & Request for Quotation definitions
Purchase orders, prices and discounts, warehouse control of goods pending receipt, correction of orders, and creation of purchase orders from sales orders.
Receipts. Automatic creation from pending order lines. Automation of incoming goods (location according to priority).
Purchase invoices, automatic creation from order lines or delivery note lines pending invoicing.
Relationship between orders, delivery notes and invoices.
Expense invoices.
Purchasing order reports, vendor invoices.

The standard purchasing flow in eresource ERP is as follows:

Orders are planned to cover customer and production requirements.
Messages are created identifying item, priority, and release timing.
Orders are reviewed; vendors, quantities, terms are changed and approved.
Orders are sent to the vendor through email.
Receiving process inbound material according to quality specifications.
Receiving routes materials based on production and customer requirements.
Accounts payable is updated from receiving process.

The procurement cycle for a service or material in our purchase management module are described hereunder:

Determination of requirements: Materials requirements are identified either in the user departments or via materials planning and control. (This can cover both MRP proper and the demand-based ap0proach to inventory control. The regular checking of stock levels of materials defined by master records, use of the order-point method, and forecasting on the basis of past usage are important aspect of the latter.) User can enter purchase requisition, or these can be generated automatically by the materials planning and control system.

Source determinations: The purchasing components helps one to identify potential sources of supply based on past orders and existing longer-term purchase agreements. This speeds up the process of creating requests for quotation (RFQs), which can be sent to vendors electronically.

Vendor selection and comparison or quotations: The system is capable of simulating pricing scenarios, allowing one to compare a number of different quotations. Rejection letter can be sent automatically.

Purchase order processing: The purchasing system adopts information from the requisition and the quotation to help one create a purchase order. As with purchase requisitions, one can generate POs himself or have the system generate them automatically.

Purchase order follow-up: The system checks the reminder period one has specified and, if necessary, automatically prints reminders or expediters at the predefined intervals. It also provides one with an up-to-date status of all purchase requisitions, quotations and purchase orders.

Goods receiving and inventory management: Goods receiving personnel can confirm the receipt of good simply by entering the PO number. By specifying permissible tolerances, buyers can limit over and under-deliveries of ordered goods.

Invoice verification: The system support the checking and matching of invoices. The accounts payable clerk is notified of quantity and price variances because the system has access to PO and goods receipts data. This speeds the process and auditing and clearing invoices for payment.



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eresource ERP sales module emphasis that Customer is God

We have learned how one can login to the eresource Web-based ERP solution and the master module to create multiple companies, multiple branches under one company and multiple warehouse under one branch, etc.

Now let us turn our focus to the Sales Module. You will agree that Sales is the most important aspect concerning any business. No business can witness success unless the company treats their customer as a God. Therefore Sales module also can be termed as Customer Relationship Management (CRM) module.

As we have promised you to take through all modules of eresource ERP system, let us start from the Sales module considering the importance of the module. In eresource, the process of sales starts from the Sales Personnel section, allowing sales personnel capture the source of lead, which could be from various sources.

Sales Order Module Comprises of Contact Management and Sales Order Processing Management. It is an integrated solution comprising of marketing and sales activities. Organization can act immediately improve sales, service and marketing effectiveness by using this Module. eresource Sales Management module is all about retaining customers, improving customer loyalty and gaining customer insight. What is notable is Sales module in resource ERP system also help to you getting your customer order management easier day by day. Whether it is maintaining customer information, quickly creating a quote or migrating it to sales order or being responsive to your customers, we provide you right solution and efficient flow of information.

Provision to classify product categorization in different levels, here in the example below, the classification of the product is defined on the basis of Product Group (Example, Flanges), Product Sub Group (Example SLIP ON), and other parameters like, Size, Pressure Rating, Wall Thickness, Flange Grade, Ends Flange, Coating, etc.,

Search on product can be done using different permutation and combination. All information of one product can be viewed at one central screen, likewise, Weighted Average price, Last purchase, Sales history, Available Customers, In transit of the product, Stock Information, Purchase history of the product, etc.,



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