Top 7 features of a best fit ERP company in India

ERP Company in India
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This article was published on: 17/07/20 10:03 AM

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Top 7 features of a best fit ERP company in India

From the widespread adoption of social media to the evolution of mobile apps and cloud computing, the enterprise technology (IT) landscape particularly the enterprise software (ERP) ecosystem has witnessed an exponential growth and technological advancements in the last couple of decades.

ERP systems have been there since the 1980s in India. Primarily only large scale businesses used ERP systems for managing accounts and finance. The systems then were complex and expensive. 1990s was all about inter-functional ERP software integrations. These ERP systems seamlessly integrated accounting, distribution, inventory, logistics and other daily business operations. In the 21st century, ERP systems added several other essential integrations like CRM, HR , SCM. Business analytics and reports etc. Today, the best ERP systems in India are completely well equipped with built-in intelligent automation capabilities, integrated security functionalities, faster updates, cloud based platform, mobile friendly, data-driven and modular offering unmatched flexibility.

An ERP system brings all your business operations together, without which, departments would function on their own individual systems. While this may cater for the day-to-day departmental tasks and processes, in practice, it often leads to departments working in silos. This becomes very inefficient as organisations have to employ additional manual resources to extract and import data from one system to another in order to produce meaningful company-wide reports in which to make better business decisions.Implementing a software from the best fit ERP company in India can also help you to identify inefficiencies within your business by rethinking current practices and processes. Expand ERP is India’s best fit ERP software for mid sized manufacturers in export and retail industry.Our dedicated team, ensures you constant support throughout  the deployment process.

Some decisions hold primary importance in deciding the eventual fate of a business. Implementing the best ERP software is surely one of them. There are a multitude of benefits to be reaped through the implementation of an ERP software for your business. However, it is assured that the benefits conferred upon a business by a suitable ERP system are huge and outweigh the expenditure and effort any day. One should always ensure before you finally go for one. Their importance in business processes are:

  1. Save Financial Resources- Though ERP systems may seem to be hefty on the pocket, in the long term they do in fact help to save your organization’s money. An ERP integrates the diverse fragmented systems that are present in organizations. Through this cost-efficiency is achieved and the business process is in a far better shape. The need for users to be trained on different systems for different purposes is eliminated thus saving you both time as well as money.
  2. Collaboration is enhanced– ERP companies in India across the spectrum offer the functionality of sharing editing data. They also serve to make the data more secure and restrict access according to the need at hand. You do not have to be concerned about the accuracy and completeness of data as all of it is compiled, shared, stored and accessed through the same piece of software.
  3. Enhanced Analytics- Through the use of the correct ERP software generating reports may be generated promptly and with ease. These reports may contain a wide range of data like expense statements, income statements and custom reports which have their basis on trends and metrics. Such reports facilitate the process of quick and effective decision making. With the perfect fitment test, you will be able to match your needs with the best fit ERP company in India. (attach fitment test)
  4. Enhances productivity- In the absence of an ERP system you and your staff members experience redundant operations and wastage of precious time and manpower in manually conducting repetitive tasks. These at the end of the day have the potential of negatively affecting the bottom line. ERP systems eliminate the wastage of time making your business more productive, efficient and profitable.
  5. Satisfied Customers – Some ERP softwares come bundled with CRM which help to have happy and satisfied customers. The right combination of ERP softwares and CRMs help in conducting a variety of tasks related to Leads Management. They facilitate the generation of leads and help to acquire better customers. Better customer service leads to long term customers.
  6. Compliance with rules and regulations – Compliance with statutory law and relevant regulation is really a major pain for most business organizations. When you are able to successfully complete an ERP implementation you get the advantage of being able to comply with norms with comparative ease through data and reports.
  7. Better management of production and inventory- In the situation that your business makes use of an inventory or produces something, an ERP software helps to manage these aspects. It results in making optimum use of efforts and takes out the guesswork from your work.

Satya Nadella, CEO Microsoft, rightly says, “If you don’t jump on the new, you don’t survive.”

Team Expand strives each day to build an acumen in innovations in technology. Expand ERP – India’s best fit cloud ERP software is completely geared to manage your organisation online with ease and make it future-ready. Embrace Expand ERP software solutions for a time-tested, homegrown, comprehensible, best fit,  cost-effective and robust business automation software. To know more call.. 9007026542

Know how Automating Export documentation can save significant time and resources

Automating Export documentation- ERP Software in Kolkata
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This article was published on: 10/07/20 2:42 PM

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Know how Automating Export documentation can save significant time and resources

Business automation has become a must-have for any organisation that wants to be future-ready. The future is technology. Automation is the only respite for achieving desired goals within the timeline for any company. Export industry is a notch ahead of any other industry. Dealing with overseas clients with different languages and cultures, rules and regulations, currency and conversions etc involves a lot of brain racking work. Export documentations is the most difficult task to sort so that no legalities are missed which can end up the company owner behind bars. A best fit ERP cloud software can solve most of these challenges faced by an export company. Expand ERP is India’s best fit ERP solution for manufacturers in the Export industry. It is the best ERP company in Kolkata with Headquarters in Bangalore.

Every export taking place in the company goes through defined steps of documentation like invoice, packing list, bill of exchange, shipping bill etc. Whether you are in an exporting business or someone who uses exporting services, you know that there can be a lot of paperwork involved. There is a lot of paperwork that can often seem endless and repetitive.

Instead of performing repeatedly the same tasks, it should be a simple set of few button clicks automating Export documentation to complete. Here we have taken the example of export documentation but in business no matter how simple or complex a task, if it is repetitive then it should be automated to save time and eliminate the possibility of error. For example every invoice generated should be emailed to the customer; every dispatch should be emailed to the customer and a group of seniors. These are examples of simple tasks but there are numerous possibilities of errors. Even if it is done without error it is highly possible that every email is in a different format. Such automation involves time and money but once done properly, it has huge advantages like Performance and Efficiency, Consistency and error free (Same standard professional output and no errors no corrections), Easy for anyone to learn and get going.

– Exporters have reduced rework due to errors by 75%. Man hours spent for documentation have reduced by 60% and output is now more professional and reliable with EXPAND ERP for exporters.

Counter Export challenges with Expand ERP softwarebest ERP company in Kolkata :

Export houses depend on effective export control processes throughout their supply chain. The legal ramifications of violating export laws can be a huge challenge. Freight forwarder, customs broker, sea vessels crew, warehouse management all these can be simply managed by single export business software. To supply the highly competitive order shipments, freight exceeds in volumes of sales and profits, you need an ERP.

3 Reasons why Exporters need a best fit ERP software

  1. Financial reporting accuracy – all invoicing and purchase orders can be consolidated and kept track of through erp.
  2. Enhances speed and agility – ability to respond faster to customer needs and deliver service promptly.
  3. Details of shipment – and ERP scheduling application is crucial for optimising work hours and properly utilising resources. This will allow tracking of order details anytime, anywhere.

Every export company should own 2 things:

  1. An export compliance program.
  2. Export documentation software that standardises the export paperwork.
Export documentation is required for goods leaving one country for another to ensure a variety of things.
  1. Ensure proper taxation and dues are accounted for
  2. Ensuring products don’t land in the hands of people banned from receiving goods
  3. Ensure public and environment safety

Export documentation keeps those who export within the bounds of export compliance.

Common compliance issues are:

  • Consistent problems with errors or omissions on documentation 
  • Not obtaining specific approvals or licenses for special items (guns/weapons, medications, animals, plants, etc.)
  • Shipping goods to restricted destinations 
  • Shipping goods to a person or business already on the restricted parties or denied persons list

EXPORT REQUIREMENTS AND REGULATIONS

Requirements and regulations can vary by country. These can be set by the Indian government or the destination country for a multitude of reasons. It’s up to the exporter to ensure that all requirements and regulations are followed prior to shipment to make sure all documentation is in order.

Common documents include a Commercial Invoice, Packing List, Certificate of Origin, and Shipper’s Letter of Instruction to the Freight Forwarder. There could also be product-specific or country-specific documents.

One of the features within Expand ERP is the Requirements Guide. As a user, this is your manual to navigate through creating and managing export documents to ensure compliance between India and the destination country.

Restricted Parties denied screening:

If you’re exporting, you need to know who you’re shipping to and make sure that they aren’t on a government list somewhere that says they aren’t allowed to receive goods for one reason or another.

Reasons can vary, but the ultimate result is to comply and not provide them with goods because of any restrictions they may be under.

Benefits of Expand ERP – the best fit ERP company in Kolkata for Export industry:

  • Timely export order entries into the system has allowed companies to plan out their production or procurement activities well in advance.
  • Single system for everything export – documentation, post shipment and financial accounting. Companies do not have to manage separate spreadsheets for various activities
  • Flexibility to validate accounting entries with exchange rate present in the Shipping Bill have ensured company accountants to book the exact value of export sales
  • Auto-computation of fluctuation due to difference in exchange rate’, has reduced significant amounts of time spent on manually calculating the exchange rate and entering it into the system.
  • Tracking of the various export incentives with their values has also become easier since they are being entered as additional information in the shipping bills section.
  • Packing credit availed and it’s utilisation along with balances and interest has become easier to track as they are being tagged with the realisation or discounting of bills
  • Shipment and post shipment statuses such as goods under dispatch, goods in transit come from the ERP itself since various dates such as B/L Date, LR Date, LEO Date are being entered by the customers.
  • Remittance statuses such as documents being sent to the bank, pending negotiation and realization pending are available from the system itself.

 

Various KPIs, BI and MIS available for the management so that they can take quick and effective decisions.

If you are in search of the best ERP software in Kolkata for your export industry, Expand ERP is fully equipped to deliver the best solution for your complex business process. Further the software is intuitive and can easily be used by anyone with basic computer knowledge. Its user-friendly interface makes things easier for one and all. Also you need not worry about capex and infrastructure investment as it is cloud-based. Expand ERP provides a solution with over a decade of knowledge and research to process all export documentations and financials with ease.Schedule a demo with us to find out more details or call at… 9007026542

Enterprise Resource Planning

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This article was published on: 26/11/19 4:27 AM

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Enterprise Resource Planning (ERP)

Expand ERP cloud provides you the best in its class ERP software to streamline your procure-to-sale processes. Expand ERP consists of Purchase Management, Sales and Billing Management, Customer Management, Vendor Management, Product Management, Financial Reporting, Account Management, Statutory Compliance and Inventory Management. Purchase Management automates key transactions and provides approval workflows. Sales and Billing Management helps you to eliminate bottlenecks and streamline your enterprise processes from sales quote to fulfillment, and timely invoicing to payment all in one ERP software. Customer Management helps to achieve short order cycle times, fast delivery, custom configurations, timely service, accurate invoices and hence a better Enterprise resource planning (ERP).

Vendor Management enables to efficiently manage supplier and vendor data to gain a competitive edge traditional ERP software. Product Management promotes integration and data exchange among all business users who interact with products. Financial Reporting empowers the finance department to record, organize, maintain and analyze data captured from all functional systems included in ERP. Account Management gives you a financial consolidation and reporting application which enables flexible, accurate and rapid reporting than traditional ERP software. Expand ERP Financials, a module within the ERP ensures that you make your tax submissions to the Indian government within statutory compliance’s.

Expand ERP offers a complete set of Inventory management that helps move inventory to the right place, time and cost all through one ERP solution. Expand ERP gives you an in-depth, real-time view into key supplier, inventory and shop floor performance indicators for better Enterprise resource planning (ERP).

When you add up these advantages, the value of Expand ERP is clear. With Expand ERP solution, employees have access to accurate information that enables them to make better enterprise decisions faster. ERP software also helps to eliminate redundant enterprise processes, lowering the overall business cost.

Because every company is unique, there’s no single indicator that says, “You need ERP now!” However, the companies that would benefit most from ERP software often face problems and frustrations.

Innovation driving efficiencies – ERP

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This article was published on: 5/05/18 8:08 AM

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Innovation Driving Efficiencies

Innovation and efficiency must align, top erp software in India go beyond the capacity for businesses to innovate without affecting their productivity. ERP efficiencies are not unknown, in fact the usage has trigger since the inception, thus making it a necessity for better functioning. Erp accelerates innovation making it agile in order to achieve more. Past decade businesses have witnessed exponential growth by adopting ERP software.
Planning the apt ERP software is crucial for business productivity; definitely, the erp software providers in India are hands down with customized options to suit complexities of business processes.

Here we will state best transformative approaches that were possible as ERP drives the innovation:

Integrated independent systems:
If you have noticed before any IT manager have to oversee a number of system across his functioning domain. Now the system should be connected, for a smooth management, else abundant errors are prone to install themselves. ERP enables you to eradicated multiple system functioning and saves the team from creating set-up at multiple systems, this further reduces integration errors and allows you to see through core objectives across the domain. Thus making things more agile, more efficient and eliminates the consolidating errors.
 
Enhanced business process:
Organizations sticking to their traditional practice is quite a native approach, but when you are preparing to implement ERP you should ideally re-evaluate the business operations and other processes in order to make sure that it functions properly in the newly installed system. In this manner, you can find the loops of improvements and inefficient approaches. Further, this review will bring you closer to discover latest trends and best practices, repair the broken processes and solve the rising risk factors.
 
Real-time information:
Instant access to data and relevant information helps your company employees to serve better. You can’t react to any sales trends unless you can access the real time sales data, also to confirm you have the right stock building up. The real time data is valuable for marketing and sales team in order to trickle down the purchasing department and definitely it affects every people around. On basis of instant access, the ERP enables the company representative to adjust and adapt the trending scenario.
 
Collaboration:
Collaboration gaps lead to unorganized management affecting overall productivity, with real time data and integration departments can increase their operational efficiencies. Erp role based dashboards enable the users with immediate access to data and information required to facilitate their services. Therefore, projects along with processes are smoothly tracked as the systems are connected and the data recorded can be accessed in real time.
 
Efficient:
Erp efficiencies are known facts, a proper implementation allows the organization to reduce cost and accelerate the process. Additionally, the integration plays a major role in reducing risk based operation by allowing the user to access analytics based on market trend and forecast. A person doesn’t need to switch between systems in order to access critical data. However, Erp drives innovation by allowing your employees to exceed customers expectation, the project itself enable the organization to improvise their process and achieve goals easily with reduced efforts.
Advanced ERP solutions are prerequisites for managing and optimizing a multi-entity company. In order to leverage the proven and cost-effective practices, one must opt for top erp software in India, as you get advanced multi-entity proficiency to offer and report on information and data on the go. Though this might sound simple it is not, it is definitely challenging for company management to implement the best practice especially when he needs accurate multi-entity information and data on the tap for decision making. 

Power of Mobile App integrated with ERP

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This article was published on: 24/04/18 6:27 PM

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Today the most cutting edge trend within the space of ERP integration is Mobile ERP Applications. Most industries now use an ERP, choosing top ERP software in India and implementing the same is definitely a strategic decision for the company management. ERP brought us automation in multiple business operations across the industries, whereas mobile apps got us closer to the virtual world. In combination, these can drive business goal to the next level. Apparently, the introductory phase of enterprise software is nothing but trivial in regards to the critical investment. Mobile apps have already captured market popularity in small to large ERP business sphere.
While integrating a mobile app with ERP your business will not only become agile but also leverage portability through smart devices. You will notice significantly enhanced productivity and it improves the accessibility of the business records.

Reasons to integrate ERP with mobile apps:


=> Improvised business flow:
  The integration leverages the company representatives to improvise their service quality to new and existing customers, by enabling them to access information in real-time.
=> Enhanced productivity: The company representatives who are posted on field compromises their productivity on the go. These representatives can access the data, tools, information that in return enables them to eliminate their downtime.
=> Advanced analysis and prospecting:  Empowering the company representative with information at their finger tips helps them to analyze their prospect and enhance their response time.
=> Simplified process:  In the static business process the capacities to deliver real-time data is always a challenge. Then again, these challenges can be addressed and simplify the process only with mobile app integration with ERP to give the company a competitive advantage.
=> Real-time data capture: As stated before, the productivity of the on-field representative are compromised, with the integration they can easily enter the details accurately on the go. Re-keying of the data in their respective system always are prone to error.
This integration helps in bolstering business relationships remarkably reducing the response time.  Expands cloud ERP software extends roles and functions of ERP to reinstate standardization, accuracy in decision making, transparency and much more added features. However, the companies can leverage benefits of new ERP software or the existing ones with better productivity, strengthened business processes gaining a competitive advantage.
How does the integration of mobile app with ERP give you a competitive advantage?
Estimating the potentials of this integration, prominent ERP contenders have commenced their mobile app development for dashboards and reporting. The integration is all set to leverage the on-field representatives with benefits of reporting on the go as well as gain access to functionality and data.
Check out the benefits of mobile app integration with ERP:
1. Enhanced customer service
2. Enhanced customer engagement
3. Real time sales
4. Real time service information
Past decade we experienced exponential changes in our work approach, be it computers, mobile, smart devices and of course powerful apps. ExpandERP is voted as one of the top ERP software in India, they offer customized solution to address specific business needs. Mobile strategies are now a prominent participant in ERP sphere, mobile devices such as tablets, PDA’s or laptops has made remote working possible. The company representative can utilize the ERP on their smart device in order to gain the edge over business insights and capabilities.