How to make the most of your ERP integration and derive optimum ROI

How to make the most of your ERP integration and derive optimum ROI
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This article was published on: 15/06/20 1:56 PM

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How to make the most of your ERP integration and derive optimum ROI

“Technology plays a vital role in modern society. Everyone is touched by the power of technology in some way large or small,good or bad, everyday. “

-Mackenzie

The decision of investing in which technology for your company is yours. It is a difficult decision to make having the insecurities of failure in my mind.On the one hand, you want to be the one responsible for innovation and growth within your company. On the other, you also don’t want to be the one to pull the trigger on a failed project. So, investing in a best fit ERP software is a risk worth taking. To find out, you need to weigh the benefits of ERP, specifically how ERP system advantages and disadvantages breakdown when compared against each other. Whether your business is large or mid sized or small,or any industry there are several benefits of ERP software your company could gain. Enterprise resource planning software (ERP) is a suite of customizable applications that allow businesses to integrate and manage their most important processes. After implementing an ERP system in your company, it may start with a sales order that would need to be processed. The system will mention the elements that have to be in place and the modules that have to be executed for the desired end result.

To get the most out of your ERP integration we are enlisting a few tips that will aid you through your ERP experience.

 

  1. Select the best fit ERP for your business – Choosing the best fit ERP software according to your unique needs is the most essential for success in ERP implementation. What does not fit, will not excel. It is sure to fail. It is best to analyse the needs of your business and choose a software that serves the best possible solutions. Take the Expand ERP fitment test to find out whether your business fits into our erp or not. 
  2. Know the Total cost of ownership – If you are working on a budget which everyone should, always look at the total cost of ownership rather than the price of the software. If you take just the price of the software into consideration then you will end up excluding the cost of hardware, consulting money to implement, internal resources to maintain the software and future upgrade costs that come with it. However Expand ERP has no upfront costs involved. 
  3. Select the right vendors Being in a comfortable relation with your ERP vendor is utmost essential for a successful ERP implementation journey. Having full trust on your solution provider makes half your battle won.The vendors you choose should be able to give you specific estimates regarding TCO and the ROI you can expect for your business and in what period of time. You should have detailed discussions with them about the budget, project completion time. Also, always ask for references from other organisations that have hired them. Team Expand facilitates 24 x 7 support post implementation and training within 50 hours after integration. With over 15 years of market experience Expand ERP has built trust in several companies. 
  4. Keeping all team managers in the loop – Proper coordination and communication is essential between all team managers and cross team functioning for a seamless erp implementation. Miscommunication can lead to malfunctioning of the system and the desired results will not be availed. The management level should be well informed at every step. 
  5. Develop a roadmap – A roadmap is also very important as it will ensure that a step-by-step process is followed and will also give clarity to the financial stakeholders. Through a well-developed planned strategy, you can turn a complex and large technology into phased operations. Roadmaps also help in identifying possible hurdles and removing them before they hinder the implementation. With proper strategies and planning your company will achieve desired results from the ERP software. 
  6. Deploy one module at one time – When the implementation is complete, never deploy all modules at once as it may result in chaos. Instead, deploy one module at a time and carefully monitor its workings. You can deploy more modules once every module fits snugly within the workflow of the organisation. 
  7. Delegate implementation oversight to a cross-functional team- Across-functional team needs to be given the duty to oversee the implementation procedure.The team –made up of individuals from different departments such as operations, human resources, IT, accounting etc. will ensure that all areas of the business are correctly addressed. This will also generate excitement in all departments and the chances of the workforce adapting to the ERP with ease will be enhanced.

A robust ERP software system offers a foundation for the growth of your business. It streamlines all your routine and complex-to-handle business operations making data management extremely simple and hassle-free. Most importantly, it helps you make wise and prompt business decisions. Thus, it is imperative to ensure that your ERP solution functions in line with your business goals and strategies.

Expand is India’s best-fit ERP on cloud for the Retailers & Exporters in midsized manufacturing business. It drives business efficiency with ease by perfectly fitting into the existing business process and effectively automating most complex processes, unlike many such ‘one size fits all ERPs’ which doesn’t give desired results to specific businesses. With Expand ERP one can manage his entire business completely online. 

For any assistance on selecting the right ERP for your business, email at .in or call. 09007026542 for a quick conversation. 

What to Expect in a Best Fit ERP Software for Steel Manufacturing Industry

ERP Software for Steel Manufacturing Industry
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This article was published on: 15/05/20 5:18 AM

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“If you define the problem correctly, you almost have the solution.”

– Steve Jobs

The Steel and Fabrication Industry is also known as a basic industry or feeder industry as it provides the basis for operation of other industries. The products from this industry are used as raw materials by other industries.

The steel industry is a heavy industry because it uses bulky raw materials such as iron ore, coal, limestone, manganese, labour, capital as well as other infrastructure. Refining iron ore, smelting it in a blast furnace and manufacturing steel are the processes involved in this industry. After the iron is extracted from its ore, the molten iron is cooled and moulded to make pig iron. Impurities are then removed and pure iron is obtained. Some amount of carbon is mixed with this pure iron to obtain steel. The steel industry has largely developed in the region where iron ore and coal are easily available.

In India, steel industries are concentrated in the Chhota Nagpur and Deccan regions. The main centres are Durgapur, Jamshedpur, Bokaro, Bhilai, Rourkela, etc. Metal fabrication is the creation of metal (steel) structures by involving processes like assembling, cutting and bending.

ERP or Enterprise Resource Planning or ERP for Steel and fabrication is a wizard tool for the steel industry. In fact, the steel and fabrication industry has seen tremendous growth in the last few years with the advancement of technology. Many steel and fabrication industries turn up for ERP software to streamline and optimize their business. After successful implementation of an ERP software in an industry, it can reap much more than before. The fabrication industry is a large scale industry with extensive business processings on a daily basis. Without digital automation it is next to impossible to execute the processes seamlessly resulting in optimal ROI and business growth. The best ERP software on cloud is perfect for performing such activities with ease and driving business efficiency. 

Enterprise Resource Planning is a software available on cloud or over the internet that helps the company to manage and control all business activities streamlined into one single system.  The software can automate many tasks in a steel manufacturing industry in many ways such as, planning, processing of the different metals, fabricating to make different machines and tools, and also distributing the finished products to the end buyers by Virtual Distribution Channel.

Various Ways that an ERP Software can Benefit a Steel Manufacturing Industry:

  • It can transform unstructured processes into routine transactions such as electronic approval of purchase orders based on predefined company policies.
  • The software can replace or reduce the human labour involved in processes, like matching of supplier invoices based on accepted purchase receipts.
  • ERP cloud software can transfer information rapidly and with ease over extensive distances. It is now possible for various offices and factories of an organization to perform transactions and analysis on the same server, reducing geographical distances and performing transactions remotely.
  • The ERP software system can help manufacturing companies in carrying out analysis such as: Forecasting of market demand based on statistical models; Capturing of hidden market trends through multi-dimensional analysis; Identification of potential improvement areas.
  • It can bring a vast amount of detailed information into the process.The software can enable changes in the sequence of tasks in the process, often allowing multiple tasks to be performed concurrently.
  • An ERP allows the capture and dissemination of knowledge and expertise to improve the process.
  • A good ERP software system allows detailed tracking of task status, inputs and outputs.

A steel manufacturing industry has a number of protocols and procedures to follow right from the beginning of production. Thus the ERP software handles all the tedious administration tasks and processes efficiently. Such ERP softwares has traversed a long way upgrading and updating each day and have become easily affordable. Today a best fit ERP software is an essential technical tool that should be used by large. Medium as well as SMEs to enhance efficiency and productivity resulting in optimal growth.

Expand ERP is India’s best-fit cloud ERP system for fast-growing businesses like yours. It empowers the mid-sized manufacturers in the export and retail industry with real-time visibility and complete control over their business for faster expansion by simplifying complex business processes.

With over 15 years of extensive R&D and market testing, we have developed a software that seamlessly fits into Indian Business. We are the OEM of this solution. Further, specific fitment through customization and integration are made for the company’s unique needs. All measures are taken to fit seamlessly into the existing business processes to deliver the maximum benefit of our solution.

Expand ERP cloud software drives maximum growth and ROI to your business.

At such an hour of national emergency, we are open for business and believe that with cutting edge technology even you can work remotely seamlessly with ease.

Please leave a comment below if this article was of any value to you or for any further queries. To know more about Expand ERP and how it will transform your business operations please allow us to arrange for the best fitment test and product walkthrough by our BizTech Expert.

Take Expand ERP Business Fitment Test

WhatsApp is NOW integrated with ERP Software

erp software in Noida
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This article was published on: 7/02/20 9:33 AM

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WhatsApp is NOW integrated with ERP Software!

Albert Einstein once said, “You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.”

It was in 2010, when technology took a leap and we all surrendered ourselves entirely like never before. Our lives changed altogether when WhatsApp was introduced and became the pivotal media for communication. It’s been over a decade now, and whether we have Facebook or Twitter or Instagram on our phones or not, there’s no way we can function without the father of all Apps – WhatsApp.

Today, it has a user base of approximately 10 billion and has changed our lives dramatically. There are several day to day activities which we do with WhatsApp, for example, through WhatsApp groups, the world has become smaller and distances made closer. We now have school friends groups, college groups, college reunion groups, grad school groups and several others. Even though such groups can be quite demanding or annoying, one can’t deny that we are connected with several friends, family and colleagues all at once. Also nowadays we have WhatsApp shopping in the place of online shopping. For instance if your friend is travelling abroad or some intriguing place and you want something in particular from, sending pictures of it on WhatsApp for approval is the easiest thing to do. Interestingly there are many Instagram and Facebook stores that take orders on WhatsApp. Simply by sending a mailing  address and phone number and online payment through Paytm or net-banking we can receive our shopping sitting at home.

On the work front, WhatsApp groups have taken over emails for deadlines and sharing time-sensitive messages. Nobody waits for the next day for an urgent task to be completed. They simply send it to the group and it is taken care of on minutes. Even pharmacies are sending medicines at your door through WhatsApp prescriptions,so going to chemists is not mandatory. In fact I know of even doctors who have prescribed medicines over WhatsApp.

The use of this App has become so widespread that even the underprivileged use WhatsApp and smart phones with their extra money. You may not need a roof above but owning a smartphone and widely used social media Apps are mandatory. Such is the irony of modern life in our country. 

Doorbells have been replaced by WhatsApp pings and sometimes because of the blue ticks it becomes difficult to avoid or escape from people you may not want to interact at that moment. It has become simpler to wish people on special occasions and festivals. Handmade or printed greetings cards and phone calls have been taken over quite easily by WhatsApp forwards and GIFS. Thankfully after this our phone bills have plateaued but unfortunately WhatsApp has reduced face to face communication with a loss of personal touch.

There’s a way to do it better. Find it!” says Thomas Edison.

WhatsApp is NOW integrated with your ERP !

With the advancement of technology each day, the newest trend in ERP software is the WhatsApp integration with ERP. Effective communication is a crucial aspect of every business. In the work environment, it creates unity, sharing of feedback, improved customer relations, employee engagement and enhanced innovation. However, in the daily grind, communication often gets missed. Users might forget to communicate important aspects among each other or customers. They may not send invoices after selling goods, or purchase orders after placing an order or might not inform others to complete their tasks once they have completed their own. This affects the business process in several ways – payment collection gets delayed, because ledgers didn’t get sent when customers asked for them, purchase orders may have not been received on time etc. Revenues get affected, operations and transactions get stagnant resulting in mayhem in management.This scenario can be totally avoided by the implementation of WhatsApp integrated to your ERP business software.

WhatsApp integrated with ERP

It is undeniably the quickest and most widely used communication tool in the Indian business market. Now, the integration of ERP – the ultimate business automation software integrated with the quickest communication App together will create magic.

 

The way it works:-

  1. Through a downloadable connector, a whatsApp activation mechanism should be set.
  2. Once activated, a QR Code scanner will open up in your ERP desktop.
  3. The QR Code can be scanned using WhatsApp on your phone.
  4. This will allow you to use WhatsApp to send messages and documents directly from pour ERP

The Features of WhatsApp that will benefit your company:

 

  1. The recipient’s number gets automatically connected from the ERP, messages are sent accurately and faster.
  2. Unlimited messages can be sent using WhatsApp web, from your desktop.
  3. All logs of messages can be retained to identify whether the right messages were sent to the right person at the right time.
  4. Transparency is increased in communication within the organisation as you will get to know whether the message has been sent.
  5. WhatsApp messages can be sent from any screen in the ERP interface.
  6. You can get an encrypted layer of security that we have added along with the security of WhatsApp and ERP.

How will your organisation benefit from integration?

 

  1. User- friendly and less time consuming – you don’t have to switch screens or tasks to send     messages to your users or customers.
  2. Reduced duplication of data – your communication is more accurate and precise as duplication of data is diminished and there is less human intervention.
  3. Tracking and retaining messages – with WhatsApp logs you can back track whether messages sent to employees have been executed and implemented.You can also retain messages for future purpose of reference.

Good communication is the bridge between confusion and clarity and the crux of a successful management.

To encourage a culture of transparent and quick communication in your business organisation embrace Expand ERP software WhatsApp integrated solution. Become an efficient  entrepreneur with just a click on your mobile phone.

Time is Money!

Save time with Expand ERP and communicate faster with our newest WhatsApp integrated feature. By sending time-sensitive messages to co-users is the fastest way to reach out.Make your business simpler by adopting Expand ERP software and manage your time effectively.

To know more call.. +91 9007026542

The cost of ERP in India

Erp investment
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This article was published on: 10/01/20 6:19 AM

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Investing in Enterprise Resource Planning for your Business.

ERP- THE NEED OF THE HOUR!

 

It is January 2020 the onset of a new decade. With the changing times we all move forward and upgrade ourselves to the new. It is an affirmation that you are living your life and believe in growth as only dreams give birth to change. 

Like in many other fields, the global business processing is going through a renaissance where everyone speaks of automation and digitisation. An ERP streamlines daily business processing such as accounting, procurement, project management, risk management and compliance and supply chain operations. This system ties together a multitude of business activities and enables the flow of data between them.

We all know “Rome was not built in a day” and so can’t be for your business process digitisation. It involves a lot of research and strategies to make a major decision such as to choose your Enterprise Resource Planning solution provider. The most common factor that arises in our mind is the cost.

How much does it cost to implement ERP in India? 

For any business, budget and cost-effectiveness is the key to growth and success. Choosing a suitable ERP provider could make or break your organisation. The objective of this post is to guide you how to choose an ERP software that’s best fit for your budget and business type. Adopting an ERP solution is not an expense but a long time investment for your business. Investing in an ERP System is in most cases a one time decision and hence a little time spent in reviewing multiple software before making a choice is advisable.

Implementing ERP is NOT sky-high!

 

When implementing ERP solutions to expedite business transformation, the owner or the decision maker should have a clear insight of the needs of its business. If you are one of the entrepreneurs who have not yet created a checklist, it’s time you unwrap the implementation challenges that are unique to your business goals.

 

ERP solution providers like Expand ERP provide one to one consultation with customers who require in-depth knowledge regarding the software. We help businesses to understand the needs and customise the software completely according to the requirements. The authoritative members, project team members and stakeholders should be aware about the critical elements affecting an ERP implementation cost.

There are various elements that are to be considered for ERP implementation:

 

    1. Scalability: The cost of ERP increases with the number of users who will be using it in the company.Training costs of the users is also depending on the numbers.
    2. Licensing: Here, the choice is totally yours. It is not compulsory to invest in a software license outright.The ERP license can be paid by monthly subscription based model also. Depending on the budget and requirements,the ERP license may be temporary or perpetual. The maintenance agreement is charged as a percentage of the license.
    3. Totally customised: Every organisation is unique and ERP implementation requires a lot of alterations and transformations which should fit into the business structure. It is best to implement a totally customised software which caters to all your organization’s unique needs.
    4. Nature of Business: Depending on the type of business -small, mid-sized or large the ERP cost is determined. For micro/ small organisations the annual cost of ERP could be anything between 6000-10,000 INR, as it is mostly online and there is no investment cost involved. For mid-sized businesses (manufacturers and wholesalers), ERP implementation starts from Rs 1,20,000 a year. The large segment businesses need to consider a budget from Rs 5,00,000 onwards annually.

According to a report,only 23% of the companies implement vanilla ERP with zero customisations done.

  1. Cost of Infrastructure: According to the deployment option-(on-premise or on-cloud option) the cost of infrastructure is based. For the cloud-based option cost will be low as all data will be stored on cloud and no hardware needs to be purchased. Further, the cost will be lower as less IT technicians will be employed .
  2. Recurrent Cost: This varies from vendor to vendor as some solution providers charge less initially but increases the cost at renewal. On average the renewal cost of ERP is 10%-15% of the total software cost.There are always chances of upgradation charges which can vary from time to time.

SUPPORT IS THE KEY TO SUCCESS

Choosing the right ERP System for a business is not only a pricing decision. It is 80% about considering the after sales support and training abilities. Your vendor should provide training to new employees and also upgrade old ones. If you are a manufacturing business in India, Expand ERP has the advantage of Low pricing and Local support on Installation and training.

MONEY SAVED IS MONEY EARNED

Investing in an ERP for your manufacturing business can increase production efficiencies, reduces the time taken by the Customers to pay, avoids pilferage of Inventory and help you get the necessary data to make decisions quickly. Investing in the right software will increase your profitability and your ability to increase your production capacity phenomenally. With Expand ERP you can take your organisation to the next level even sooner than you imagine. If you want an accurate estimate for your project, be sure to accurately scope your project and account for some of the most overlooked costs. Our team members in Expand  can help you set realistic expectations that won’t scare executives nor get you fired for causing budget overruns.

What to keep in mind while scoping your business before ERP implementation?

 

  • Complications of your business: It is advisable to keep an unbiased analysis of how complex your business requirements are. Many businesses need an entire ERP software solution (human resource,supply-chain,inventory etc). Companies which have lesser complexities may require only point solutions such as CRM or Finance and Accounting.
  • Change managing activities: The focus should not remain in one direction but also on business process reengineering. Any change in your business process will add to your cost on ERP at a later stage.
  • Similar business overview: We recommend comparing and considering similar organisations ERP vendors and expenses and not set a benchmark to what a particular solution provider may have set for you.

 

The license fee and technician costs is just one side of the coin to view before implementation of ERP. You need to consider the broader aspects to ensure your software investment delivers value.

Some tips to control costs:

 

  1. Clear view and analysis of cost from vendor (ensure no hidden costs)
  2. Develop a project plan with detailed estimates
  3. Include change or unexpected costs
  4. Carefully strategies and wisely judge your vendor
  5. Prices can be negotiated

YOUR FRIEND IN NEED!

 

EXPAND ERP : FREEDOM PRICING

 

Expand Freedom Pricing has been created keeping your needs in mind. Our attractive pricing module gives absolute freedom to the fast growing manufacturers and exporters to take the decision of digital transition of their organisation with ease. 

    • Subscription based concept: Prices starting from INR 3300/- subscriber/month
      Freedom from all fringe costs.Subscription includes update,upgrade,service,remote support (phone support,ticket support,and screen share support), R&D and remote implementation.It also covers cloud service ,auto backup of data, data encryption all managed for you.

 

    • Concurrent User Advantage:
      Freedom of unlimited named user in multiple departments and amp; locations.All users in your organisation will have their own login credentials at no extra cost.

 

    • Freedom from Capex and Infrastructure investment so that you are at minimum risk exposure.Even for customisation it is billed only after customer satisfaction.

 

    • Freedom from any upfront cost.

 

  • Easy Pay- Freedom to choose from Annual (special pricing available) or quarterly subscription fee module on the first year.
  • Pay as you use Privilege: Freedom to pay as per your usage from the second year onwards.
  • Freedom to choose Implementation options (on-line/on-ground) and customisations as per your specific need and pay accordingly.

LIVE LIFE STRESS FREE!

 

Empower your organisation with Expand ERP and enjoy real-time visibility and complete control of your business. Grow your business to the next level with ease as our software does the hard work. With Expand ERP we guarantee you a complete stress free life. 

Please leave a comment below for any further enquiries or if this article has been of any value to you. To book a demo call…  (+91) 9007026542

ERP for Manufacturing Industry

erp for manufacturing industry
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This article was published on: 13/12/19 9:45 AM

Home > Blog > Best ERP Software

ERP – THE BEST WAY TO REDEFINE THE MANUFACTURING INDUSTRY!

KNOW HOW?

Way back in the olden days, business data and records were maintained in complex spreadsheets and files and voluminous folders. When businesses grew in scale, such antiquated systems also got obsolete. They were replaced by ERP systems which were more than just organising and scheduling modules for manufacturing enterprises. They combined the virtues of business planning and management, production scheduling, inventory control, customer relationship management and alignment of partners in the supply chain. The manufacturing sector is piled with competition and susceptible to an ever-changing market ecosystem. To remain at the top of the game, manufacturers need ERP systems that can be deployed and maintained off-site, are comprehensible, scalable, customizable, cost-effective and easy to use. Every industry has their own specific needs and processes. The ERP solution provider needs to understand the business well to define the scope of the software. Expand ERP has over 15 years of extensive R&D and market testing to make the solution robust and perfect, exactly for your specific business need.

According to an ERP Software Market Report published by Allied Market Research report, the global market is expected to garner $41.69 billion by 2020.

Still contemplating about adopting Cloud based ERP for your manufacturing industry?

Here’s why your manufacturing unit needs a modern ERP system:

From conception and design through to manufacturing and delivery, ERP is built to handle the complex needs of manufacturers that use engineering in the design and build of their products. ERP gives you complete visibility into your software processes to help integrate engineering activities, streamline operations, improve efficiencies, manage complexities and grow.

  1. Cost-effective:

    ERP software makes quality management easier. Quality of the product is assured with ERP, which reduces the number of finished goods that are discarded. You gain real-time business visibility with analytics and reporting. The predictive defect analysis made available with artificial intelligence provides deep, timely insights into all aspects of your business. This limits wastage, reduces cost and increases the profit margin for a manufacturer. As the old saying goes, money saved is money earned.
  2. Streamlines Processing:

    Manufacturing operations which otherwise seem complex and redundant, are automated by an ERP system and streamlined across departments. Users can navigate complex processes easily in less time. The result is improved efficiency and cost.
  3. Maintaining Accuracy in Inventory:

    An ERP solution can track your entire inventory in real-time, which makes every transaction and business activity extremely transparent. Shop floor advisors can cross check the quantity of each product. Having accurate inventory or stock list provides products and services that deliver immediate value to clients.
  4. Agility saves Time:

    ERP offers to extend productivity, security and access to information to mobile workers plus partners and customers, working anywhere, anytime on any device. Decision makers compare the system generated reports on regular intervals to analyze the varied market demands and capitalize on customers purchase trends.
  5. Profound Analytics:

    All the departments of a manufacturing business are unified and synchronized in a modern ERP solution. Consolidated reports can be generated using the same system resulting in accuracy in analysis and precise forecasting. For example, an Accountant who can readily access charts and reports can make decisions based on real values and figures.
  6. Optimize Supply chain:

    Fast growing businesses need strategies to boost productivity, improve quality and reduce costs. Supply chain management (SCM) in an ERP system smoothens the planning and execution of activities in the business. This monitors the supply of raw materials to meet the demands of the finished goods.

To Conclude:

Cloud ERP solution is a huge revolution in the manufacturing industry. Most business owners have either already implemented ERP or are in the process of implementing it. So why should you lag behind in this competitive market?

Upgrading to Expand ERP will give your business an added edge for optimum returns on investment. As a solution that is 100 % focused on the needs of manufacturers and distributors, Expand ERP functionality includes primary and alternate BOMS and routing, Material Resource Planning, Masters Production Scheduling, Shop floor execution, scheduling Workbench, Inventory and Warehouse Management and Quality assurance.

Focus on finding a solution that aids you to achieve these benefits. If you’re considering implementing a manufacturing ERP solution contact us to help you develop a digital strategy to meet your business needs.

Our cloud solution offers a comprehensive suite of application without the costly hardware requirements. With Expand ERP you are sure to reap all the benefits of a hosted cloud environment.

To Know More Book a Demo: