Purchase managed Module for purchase section

eresource ERP Purchase Module for a well-managed purchase section

eresource ERP's Purchase Management module enables the purchasing only when purchase requisitions are generated ideally through MRP run.The purchase management module in eresource ERP never encourages the buying of anything without valid requisition.

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.

For more information kindly visit: http://www.eresourceerp.com/Purchase-mangement-Module-for-purchase-section.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

ERP finance module helps see your tomorrow today

Provides financial functionality, analysis support

IN today's business enterprise, you need to know that your financial decisions are based on today's data, not numbers from records closed a month ago, or even a week ago. And you need to know that this same data represents every segment of your organization's activities, whether your enterprise stretches across a room or around the globe.

This is essential, because the most efficient way to get your enterprise to where you want it tomorrow is to know exactly where it is today.

Whatever the financial goals of your organization may be, the financial application components of eresource ERP solution work hand-in-hand to improve the bottom-line. This is true because the financial functionality is tightly integrated across all business areas and all geographic areas.

This tight integration includes all the other different modules, from materials management to human resource to logistics. Because eresource ERP system automatically links related areas, it eliminates the need to repeat procedures. You enter your data only once. Within the eresource ERP system all areas work in coordination, creating a new level of efficiency in handling your financial data.

The finance module of eresource ERP system provides financial functionality and analysis support to lot of medium and large scale enterprises in Indian and abroad. The finance module of eresource ERP system has the following sub-systems.

Financial Accounting

General Ledger

Account Receivable

Account payable

Fixed Asset A/C

Debut Note/ Credit Note/ Journal Entries

Bank Reconciliation

Statutory & Regulatory

Value added

tax analysis & reporting TDS & service tax

Excise

Enterprise Controlling

Executive Information System

Business Planning & budgeting

Profit centre accounting

In addition, eresource ERP's financial accounting provides company-wide integration that is essential to strategic decision making. The financial accounting module in eresource ERP gives you the ability to centrally track financial accounting data within a single framework, of multiple companies, multiple branches and chart of accounts.

For more information kindly visit: http://www.eresourceerp.com/ERP-finance-module-helps-see-your-tomorrow-today.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.

Skills required after ERP implementation

The post-ERP organization will need a different set of roles and skill than those with less integrated kinds of systems. At a minimum, everyone who uses these systems needs to be trained on how they work, how they relate to the business process and how a transaction tipples through the entire company whenever they press a key. The training will never end, it is an ongoing process so new people will always be coming in, and new functionality will always be entering the organization.

In every business function and department that is ERP-enabled you will need more than one staff who know the system and its relation to the departmental process. It is these people who have to guide, motivate and help their colleagues by working along with them. They will answer questions, find needed work around and let you know what is working and what isn't. These people will be the ERP team representatives in each department. It is a nice idea that these people have a dual reporting relationship; with their managers and with the ERP in-charge. It will also be useful to convene meetings of these people once in a while, so that they can share knowledge and compare notes.


For more information kindly visit: http://www.eresourceerp.com/skills-required-after-ERP-implementation.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/+91 22 65130234, , e-mail (Sales): sales@eresourceerp.com, Web site: www.eresourceerp.com