Top Reasons to Implement a web-based ERP software

Web based ERP Software
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This article was published on: 7/09/20 5:43 PM

Home > Blog > Cloud ERP India

Top Reasons to Implement a web-based ERP software

A best fit ERP software solution is  the modern age miracle tool that can efficiently manage all your business processes completely online. This brings in a better production rate and keeps your business well organized and coordinated. Furthermore, it provides real-time information about finance, order management, purchase, inventory, employee management, etc. precisely to help you plan each step precariously. With features as such, web based or ERP solutions on cloud platforms can accelerate your business cycles, improve output and dependability, and provide higher levels of service to customers, suppliers and partners.

Nowadays Saas ERP software or better known as web-based ERP system is an agile and a hassle-free way to manage your business remotely. Amongst all the COVID pandemonia, running your business efficiently while maintaining social distance has been a challenge for those entrepreneurs who have yet not implemented a cloud ERP system. Web-based ERP system make use of your web browser as a front-end interface while all your important data are carefully stored and made available via cloud servers, giving you the freedom from a single point workstation. To add more to it web-based ERP software is a handy tool for the SMBs and upcoming startups as it simplifies back-office process automation without having to install additional servers to back your new business manager.

Today, there is a huge demand for going Cloud and having SaaS based ERP models due to incessant competition and urgency to sustain in the market.

Why are so many businesses moving to the cloud?

It is solely because cloud computing enhances efficiency, competency, speed and cost-effectiveness which results in the company’s growth. 96% of Fortune 500 companies have at least one cloud offering and a goal to deliver 80% of it’s workloads in the cloud in the near future. Businesses can harness the power of data to connect with each customer throughout the entire customer relationship period. Also finding the right software vendor is also essential for an impactful implementation of Cloud ERP. It’s just a matter of leveraging the right technology to help you get there.

“The hybrid cloud strategy has enabled an agile environment that helps us to respond to new demands and opportunities very quickly.’ – Alice Keung, Economical Insurance.

Hybrid cloud computing is a mixed link between on-premise infrastructure, private cloud user and public cloud user and a third party user by allowing data flow between them.

Expand ERP is India’s best fit cloud ERP software for the mid sized manufacturers in the retail and export industries. It provides an array of advantages apart from being web based that is on cloud platform and can be easily accessed 24×7 from anywhere.

Advantages of a web-based ERP software:

  1. Easy implementation, completely online, anywhere in the world, as known to all, the web connects the whole globe and all you need is a web-browser to get into action.
  2. Minimalist business costs and time consumption
  3. A centralized and reliable storage of all your crucial data.
  4. Easy accessibility and data updating.
  5. Compatible with almost every device connected to the web.
  6. Can be accessed with a smartphone also now with mobile enabled Android Apps
  7. Online training can be completed within 2-3 days after implementation
  8. 24×7 availability of data to users from anywhere.
  9. Remote users like officials and sales representatives can access the company system with any browser and exchange & update data without the need of Windows/Exchange Server and SQL Server database.
  10. Web-based ERP escalates the additional finance and time invested towards the maintenance of the server & other hardware.
  11. It also upgrades and grows along with your company.
  12. Reduces the chances of an ERP failure
  13. Enhanced presentation & Support.
  14. Contact through hand-held devices made easy.

The future trends play a pivotal role in today’s evolving market trends and requirements. ERP features for manufacturing SMEs must be able to connect devices, departments,  partners, suppliers and your loyal customers in one versatile database. AT powered ERP for transportation or other manufacturing industries will do a lot more than simply track every aspect of your business. It will take your business to the next level and actually provide recommendations for improving and optimising at every level, becoming the real brains behind the operation.

Expand ERP is a 100% Cloud-Based ERP Solution

With automatic regular backups on Cloud and masking features your data is secured with us for a lifetime.

Expand ERP is the preferred business automation solution provider for 15 years to various industries. We provide personalised attention and automation that is best fit for your business.

 

Expand ERP Advantage = Integration + Innovation + Intelligence

 

Integration that promises to run your entire business online.

 

Innovation that drives excellence.

 

Intelligence in technology to simplify complex processes.

 

Expand ERP has completed 15 glorious years in building trust and faith of our patrons. We have successfully partnered with many businesses in Kolkata, Delhi, Bangalore, Jaipur and in other cities. With the advent of a new year we have new aspirations, new dreams and fresh focuses. We will maintain our goal to spread the latest trend in technology to as many organisations we can reach out to. Our team will focus relentlessly to spread awareness and touch the lives of business owners and help them reach their goals. If your goal as an entrepreneur is to achieve great heights for your company, Expand ERP Cloud based software is your ultimate route to the peak. Please leave a comment below for more enquiries and information. To book a demo call.. 9007026542

ERP on Cloud

What is Cloud ERP Software ?
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This article was published on: 21/01/20 7:08 AM

Home > Blog > Cloud ERP India
What is Cloud ERP Software ?

96% of Fortune 500 companies are using Cloud computing.

Cloud ERP is the new normal in 2020!

Cloud ERP is Software as a Service that allows users to access Enterprise Resource Planning (ERP) software over the Internet.

Expand ERP is a time-tested business automation software software solution for the fast-growing manufacturers and exporters. For the last 15 years there had been extensive R&D and market testing to make the solution robust and perfect for the manufacturers and exporters.

Expand ERP is a comprehensive scalable, customisable cloud ERP software for the fast growing businesses. It empowers the manufacturers with real-time visibility and complete control over their business for faster expansion.

Why are so many businesses moving to the cloud?

 

It is solely because cloud computing enhances efficiency, competency, speed and cost-effectiveness which results in the company’s growth. 96% of Fortune 500 companies have at least one cloud offering and a goal to deliver 80% of it’s workloads in the cloud in the near future. Businesses can harness the power of data to connect with each customer throughout the entire customer relationship period. Also finding the right software vendor is also essential for an impactful implementation of Cloud ERP. It’s just a matter of leveraging the right technology to help you get there.

 

“The hybrid cloud strategy has enabled an agile environment that helps us to respond to new demands and opportunities very quickly.’ – Alice Keung, Economical Insurance.

 

Hybrid cloud computing is a mixed link between on-premise infrastructure,private cloud user and public cloud user and a third party user by allowing data flow  between them.

The future of cloud is Hybrid

Advancements and progress in the cloud computing industry move at a pace that can hardly be predicted or kept at par with. Cloud infrastructure – public, hosted private and on-premises is increasingly less siloed, allowing workloads to be more portable and data streams more mobile.

2020 will be witnessing several dominating trends that will shape the future of hybrid cloud. Fast paced cloud industry are developing and will characterise the new trend market.

 

T.It has emerged as the preferred implementation model that will drive the progress of the cloud industry.

77% of enterprise global infrastructure decision makers that are planning, implementing or upgrading cloud technology say that they are in a hybrid cloud environment.

6  Indispensable Cloud Computing trends to watch in 2020!

  1. Seamless consistency in hybrid cloud – In the following year hybrid cloud space will be seen with new innovations. Organisations will be able to enjoy seamless and consistent hybrid experiences.
  2. Hybrid Multi Cloud in demand – Companies are taking advantage of the flexibility to move mission – critical business applications to the environment – public or private or on-premise. Hybrid multi cloud has an inevitable approximate 9000 Crore Rs. market opportunity and nearly 80% of IT decision makers see it in their future. 
  3. ‘Security” is the most crucial attribute – 60% of the IT decision makers mark security control as the most essential attribute of cloud computing. Tools will be created  that can uncover security insights and respond to incidents faster through dashboards that help centralize operations.
  4. Edge computing gains greater relevance- computations are performed as close as possible to the sources and sinks of data and content, Combination capabilities of hybrid cloud and edge computing brings a great value proposition for organizations, wherein hybrid cloud ecosystem can be used to aggregate most relevant data and back-end functions, while edge can support processing and real-time analytics.
  5. Containers will be the core of an effective  hybrid cloud – It provides consistency regardless a workload is deployed on – premise or on cloud.Containers help organisations to maximise business value by simplifying deployment and management processes.
  6. Kubernetes will become more consumable with proliferation of open tools – Till last year organisations turned to open source tools to modernise their infrastructure but in 2020, they will be adopting the hybrid multicloud.To stay at par with cut throat competition,companies will resort to tools that can rapidly deploy applications such as containers and Kubernetes.

The future trends play a pivotal role in today’s evolving market trends and requirements. ERP features for manufacturing SME’s must be able to connect devices, departments,  partners, suppliers and your loyal customers in one versatile database. AT powered ERP for transportation or other manufacturing industries will do a lot more than simply track every aspect of your business. It will take your business to the next level and actually provide recommendations for improving and optimising at every level, becoming the real brains behind the operation.

EXPAND ERP Cloud  based software is fully equipped for the digital new age.

We do it differently.

100% Cloud-Based ERP Solution

With automatic regular backups on Cloud and masking feature your data is secured with us for a lifetime.

Deep Understanding of your business

A ready to fit solution with deep industry knowledge which can be further customized as per your business needs.

Mobility

Warehousing, Sales force, HR, GPS tracking, we provide solutions for every possible process of your business. Expand ERP Mobile App enables you to now manage your entire business on the move.Mobile apps are undeniably the most quickest and efficient way to respond to real time changes in production. Having instant mobile access on the shop floor makes it possible for the users to deal with live problems instantly, reducing wasted resources and materials.Supervisors can also access product availability or change work data on the spot to eradicate a problem in its tracks. With Expand ERP mobile based app you can achieve all this in real time.

Personalise Consultation

Expand ERP is the preferred business automation solution provider for 15 years to various industries. We provide personalised attention and automation that is best fit for your business.

Expand ERP has completed 15 glorious years in building trust and faith of our patrons. We have successfully partnered with many businesses in Kolkata, Delhi, Bangalore, Jaipur and in other cities. With the advent of a new year we have new aspirations, new dreams and fresh focuses. We will maintain our goal to spread the latest trend in technology to as many organisations we can reach out to. Our team will focus relentlessly to spread awareness and touch the lives of business owners and help them reach their goals. If your goal as an entrepreneur is to achieve great  heights for your company, Expand ERP Cloud based software is your ultimate route to the peak. Please leave a comment below for more enquiries and information.
To book a demo call.. (+91) 9007026542

Manage your business supply chain with erp

Supply Chain Management System
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This article was published on: 17/01/20 8:43 AM

Home > Blog > Cloud ERP India

Manage your Business Supply Chain with ERP

“Changes call for innovation, and innovation leads to progress.”

– Li Keqiang

All about Supply Chain Management:

 

Understanding the need-

 

Supply Chain Management or SCM is crucial for everyday activities in every organisation whether small or large. It is the organised flow of processing of supply chain to maximise customer value and achieve a sustainable competitive advantage. It deals with the movement and stocking of supplies needed to manufacture a product as well as inventory management and keeping track of finished goods. In today’s times, SCM includes the strategic alignment of end-to-end business processes to realise market and economic value, as well as giving a firm the competitive advantage over their business rivals.

Automating SCM with Enterprise Resource Planning software:

 

In the current hyper-competitive business scenario, handling SCM the traditional way is mere backwardness. In the new automated business processing era, the system is expected to work with visibility, focus and agility to bring an overall enhancement in the organisational operations. An ERP software can bring all these features to action automatically in less time. It can integrate and refine forecasting, create sales and operations plans, promptly respond to demand changes, and supports the core functions essential to runa supply chain business effectively.

The Prerequisites of SCM:

 

SCM streamlines everything from product flow to unexpected natural disasters. An organisation can diagnose problems and disruptions effectively through a sound SCM. It also plays a pivotal role in transferring goods quickly and efficiently to its destination. It reduces Purchasing and Production cost to a great extent. It improves customer service by delivering the correct quantity and quality of products on time. After sales services can also be tracked efficiently.

How does ERP affect SCM?

 

ERP software has eased the process of manufacturing industry, as it streamlines all the processes. To begin with, customer order fulfillment to inventory control, ERP system is a one stop solution for all tracking needs.

If you are part of an industry that requires SCM, with the following parameters you will be able to reap the benefits of ERP software system.

For a successful ERP implementation you will require:

 

  1. A defined flowchart that categorises what each section of the company does and how the data or instruction will flow from each department.
  2. Appropriate training for all managers and employees is essential to make sure all plans are executed efficiently.
  3. A clear understanding of the Return on Investment for both long term and short term is crucial.
  4. The company’s resources need to be aligned to ensure successful deployment and continued implementation.

ERP benefits on SCM:

 

Expand ERP provides a solution which improves supply chain operations. It empowers clarity in vision, focus, agility and control over all the business processes, thereby enhancing your performance goals.Some of the proven benefits are:

 

  1. Tracking of Inventory – To avoid over stocking or shortage, it is advisable to keep track of inventory. With the advanced ERP this process can be made simpler without wasting any time.The user will be notified whenever inventory level goes down so that orders can be placed timely.
  2. Clarity in data insight – The efficiency of a supply chain can be graded by the accuracy of the data received. With our ERP system, real- time data can be achieved related to stock inventory resulting in less errors and greater revenues. The software also allows users to access reports 24×7 for a better insight into operations.
  3. Integrates various business operations – Expand ERP software helps to streamline and automate all the business processes in a supply chain-HR, Finance,management, sales etc on one single system. This reduces manual paperwork and enhances the visibility of data through all the departments.
  4. Improves process accuracy by standardisation – ERP builds uniformity across teams in single and multiple locations to enhance the competency of the overall system, improving the accuracy of the processing and team work,reducing errors and miscommunications.
  5. Unified, transparent view – With Expand cloud ERP solution, you can be assured of  a unified, transparent view of every section of supply chain operations. It provides accurate, relevant and real-time information about shipments and warehousing. This will enhance the clear communication between the employees at the store and the warehouse with accurate information.
  6. Inventory Management – Organised management of stock decreases cost and increases the profit of any business. With Expand ERP features, real-time visibility of exact inventory level is enabled. This results in optimum operations and reduced overhead costs.
  7. Improves Speed – ERP system is a unified source for all necessary data, so the tools provide transparency and efficiently  allocates resources including material, staff and machines, from the initial stages itself. This results in easy coordination and on-time delivery across the supply chain.
  8. Makes return of orders easy – If you have a logistics company, supply chain processes dealing with returned goods and back order processing, can be made simpler with Expand ERP solution. An up to date return management system can help businesses to reduce waste and bring consistency in the backorder processing.
  9. Generates less operational costs – With intelligent ERP systems like Expand ERP, you are made aware of the costs at all stages of a supply chain. More realistic cost projections can be generated by harnessing the demand and supply flow chart. This reduces the uncontrollable additional expenses and brings in effective cost management in your business processing.

How are we Different?

100% Cloud-Based ERP Solution

With automatic regular backups on Cloud and masking feature your data is secured with us for a lifetime.

Deep Understanding of your business

A ready to fit solution with deep industry knowledge which can be further customized as per your business needs.

Mobility

Warehousing, Sales force, HR, GPS tracking, we provide solutions for every possible process of your business. Expand ERP Mobile App enables you to now manage your entire business on the move.

Personalise Consultation

Expand ERP is the preferred business automation solution provider for 15 years to various industries. We provide personalised attention and automation that is best fit for your export business.

Other Expand Advantages:

 

15 years of building trust

With over 15 years of R&D and extensive Market Testing we have developed the best in class ERP software for your specific business needs. With our cutting-edge technology, we have been partnering many manufacturers and exporters over past years in their process automation.

Expand 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. 

  1. 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.
  2. 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.
  3. Freedom from Capex and Infrastructure investment so that you are at minimum risk exposure. Even for customisation it is billed only after customer satisfaction.
  4. Freedom from any upfront cost.
  5. Easy Pay- Freedom to choose from Annual (special pricing available) or quarterly subscription fee module on the first year.
  6. Pay as you use Privilege: Freedom to pay as per your usage from the second year onwards.
  7. Freedom to choose Implementation options (on-line/on-ground) and customisations as per your specific need and pay accordingly.

Expand SureSmile

 

For a smooth and seamless digital transition of your organization we have our best in class hassle-free support ready for your help always.

 

  1. Anytime Support- 24hrsX12months in house Customer service team.
  2. Zero Waiting- Online support request booking through Ticket System- users can directly put support request online and it is assigned to respective team.
  3. Remote Assist- users can share the screen with the support person for any support required.
  4. Onsite Support- our team will visit the customers site for any support related activity.
  5. Expand User Training and external Certification.
  6. Train the Trainer Program- Expand encourages train the trainer program where expand Biztech Experts trains one or more users and they can further train other users, this helps in building in-house expert on ERP at client site).
  7. Online Help Document & FAQs for ready usage.

Expand SureShield

 

Enjoy 100% data security and grow your business to the next level with ease and complete peace of mind.

 

  1. Multiple Location Storage- Data is on cloud, stored in multiple locations ensuring maximum safety.
  2. Stored on trusted technology platform (Microsoft Azure, SQL Server).
  3. 99.9% up-time (up-time is the amount of time the service is online available and operational).
  4. SSL (encrypted) Data Transmission- Similar technology as Net Banking and thus extremely secure.
  5. Private Database- each user has the private database and not a shared one as in open source ERP.

“ If you want something new, you have to stop doing something old.”         

Peter. F. Drucker

Expand ERP offers a more effective way to manage procurement and supply of the goods, services and other resources across the chain of supply. From handling manufacturing and warehouse resources to transporting management and execution processes Expand ERP takes control of all your supply chain elements. To validate the impact of ERP on Supply Chain Management embrace Expand ERP – a world class, home grown, Indian make software for your unique needs. Contact us for more information and book a demo to see how our competent consultants take full control of your SCM.

All you Need to know About e-Invoice in GST.

Gst invoice
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This article was published on: 3/01/20 10:12 AM

Home > Blog > Cloud ERP India

ALL YOU NEED TO KNOW ABOUT E- INVOICE IN GST.

Stepping into the new decade with GST E-Invoice Generation System on Portal.

 

January 2020, embarks the implementation of electronic invoicing by the Indian taxation Council. The world is changing and so is the time and age to global digitalisation of business processes. This article aims to update you about the details of GST Governance and amendments in tax laws.

E-Invoice-What is it?

GST E- Invoice is the initiation of the digital bill for goods and services, generated at the Government GST portal. The concept of GST E-Invoice generation system has been taken into consideration for the reduction in GST evasion. All business (within the determined limit of turnover) will be provided with a system through which it will be mandatory for them to generate ‘e-Invoice’ for every sale on the Government GST portal. Every business that are applicable for such an invoice will be allotted a unique number whenever an e-invoice is generated. They can match the identification number with the invoices which are written in the sales return and paid taxes for verification. All relevant information will be transferred from this portal to the GST portal and E-Way bill portal in real-time. There will be no need  of manual data entry while filing ANX-1/GST returns as well as generation of part A of the E-Way bill, as the information is passed directly by the IRP to GST portal. In short, it is a digital bill generated using a standardised (recognised) format, where the electronic data can be shared with others.

FROM WHEN WILL E-INVOICE BE IMPLEMENTED?

The GST council chaired by Union FM Nirmala Sitharam approved the standard of E-invoice in its 37th meeting held on 20th September 2019. However no exact date of implementation has been provided yet. Electronic invoicing is proposed to be implemented from 1st January 2020 in a phased manner by GSTN. Similar to the new GST return filing system, the E-Invoicing system will first be available on a trial basis or voluntary compliance.

Team Expand is gearing up with the best in class ERP software to make your  business finances automated and simpler. Keeping up with the times makes you updated with the latest in technology

By you – For you…

BUSINESSES  AT AN ADVANTAGE:

Some crucial benefits of E-Invoice are enlisted below:

  1. E-Invoice determines to bridge a major gap in data reconciliation under GST to reduce mismatch and inaccuracy.
  2. Interoperability is made possible as invoices created by one software can be read by another. 
  3. E-Invoice enables real-time tracking of invoices prepared by the supplier along with the faster availability of input tax credit. It will also reduce input tax credit verification issues. 
  4. The relevant details of the invoices would be auto-populated in the various returns, specially for generating the part A of E-Way bills. 
  5. There will be minimal need of data reconciliations between the books and GST returns files. 
  6. The time-taking tedious tax filing process will become automated and availability of genuine input tax credit will be faster.
  7. The tax authorities will not be required for audits since the information they require is available at transaction level. 
  8. Decrease in the number of frauds as generating  fake GST invoices will become impossible.

Where are you placed?

APPLICABILITY OF E-INVOICE :

E-Invoicing under GST time period with business turnover conditions :

 

  1. Turnover 500 crore plus-voluntary and trial basis start from 1.1.2020.
  2. Turnover 100 crore plus-voluntary and trial basis start from 1.2.2020.

Note: GST E-invoicing is mandatory from 1st april 2020 for the above businesses. Those with below 100 crore turnover voluntary and trial basis start from 1.4.2020.

It will be mandatory for the businesses to generate the entire GST E-Invoice including all the value of sales. Expand ERP will be fully equipped with the software to make accounting and finances more methodical and organised for your business.

How to go about it?

THE PROCEDURE:

 

The process of generating the GST E-invoice will be similar as the E-Way bill which is generated on the www.ewaybill.nic.in or the GST payments are done on the GSTN portal. The generation of invoices will be done by a centralised Government quarter which will replace the E-Way bill that is being generated for the movements of goods. 

  1.  At first,businesses need to  generate an electronic invoice on every sale on their respective ERP’s. The standard invoice format if prefixed by authorities for every business so that proper details are extracted. 
  2. The E-Invoice  generated needs to be reported to the Invoice Registration portal (IRP) of GST. 
  3. On the portal, the invoice reference number (IRN) will be authenticated and the invoice will be signed digitally. 
  4. Then a QR code will be created. The code contains all the vital information related to the invoices which will be redirected to the taxpayer who filed the invoices.

The IRP will send a copy of the signed invoices to the provided email id of the recipient of supply who is involved in the whole process.

What do  you need?

Documents required to be provided by the taxpayer while reporting the E-Invoices to IRP:

  1. Supplier side invoices
  2. Suppliers credit notes
  3. Recipients debit notes
  4. Other documents (according to the business)

SALIENT FEATURES OF E-INVOICE IN GST SYSTEM:

  1. Every taxpayer will be allotted a unique IRN.The unique IRN will be based on the computation of hash of GSTIN of generator of document (invoice or credit note etc.) year and document number like invoice number. This hash will always be the same irrespective of the registrar who processes it. This hash will be the IRN.
  2. Once the invoice data is uploaded on the IRP which will also generate the hash in order to verify it and then it will be digitally signed  with the private key of the IRP. 
  3. IRP will also generate a QR code containing the unique IRN along with some important features of invoice and digital signature so that it can be verified on the central portal as well as by an offline app. This will be useful for tax officers checking the invoice on the go where the internet will not be available.  
  4. It will be easy for anyone to download the invoice from the offline app provided in the IRP and authenticate the QR code of the invoice offline and its basic details. However to see the whole invoice , one will have to connect to the portal and verify and see the details online. Only tax officers will be authorised to download the entire details of any invoice.

STANDARDISATION OF INVOICE:-

A technical group constituted by the GST council secretarial has drafted standards for E-Invoice after having industry consultation.  The E-Invoice schema and template, as approved by the GST council, are available at www.gstn.org/e-invoice.

Ways to adopt E-invoice:

DIFFERENT MODES OF COMMUNICATING:

There are multiple modes made available so that taxpayers can use at his or her convenience. For example

  1. Web based
  2. API based
  3. SMS based
  4. Mobile app based
  5. Offline tool based
  6. GSP based

How to use?

SOFTWARES TO BE USED:

The GSTN, in partnership with the ICAI (institute of chartered accountants of india), has drafted an E-Invoice standard. This refers to PEPPOL(Pan European Public Procurement Online), which is based on the UBL (universal business language) standard. Certain features which are made mandatory under the GST law have also been marked as mandatory fields in the invoice draft. 

 

Countries that are already using E-Invoice in GST are South Korea, Brazil, Chile, Mexico, Canada, Norway, Sweden, Turkey, Italy, Denmark, Peru etc.

Some Pointers to remember:

  1. The maximum number of line items allowed per e-invoice is 100.
  2. It is not mandatory for a supplier to sign the e-invoice again.The IRP will digitally sign after validation.
  3. On the IRP,the data will be available only for 24 hours .
  4. An e-invoice cannot be cancelled partially,it has to be cancelled fully.
  5. All amendments to an e-invoice can be made only on the GST Portal.

E-INVOICING In GST with EXPAND ERP:

 

Move with the times and adopt Expand ERP software to automate your business process and invoicing . We have ready to fit solutions with deep industry knowledge which can be further customized as per your business needs.

Expand ERP is the preferred business automation solution provider for 15 years to various industries. We provide personalised attention and automation that is best fit for your export and manufacturing business.

With the arrival of Cloud technology, ERP software is taken to the next level where business can be processed anytime from anywhere. Expand ERP is a pioneer in cloud-based Business Application on Microsoft Azure, designed and developed for fast growing businesses. Over the past 15 years, we have empowered many established businesses  with real-time visibility and complete control over their businesses. Expand is a comprehensible, scalable, customizable cloud ERP solution that supports your business all along as it grows.

Team Expand works relentlessly on innovations and believes in keeping your business at par with the latest in technology and business affairs. We will be pleased to partner with you at the very onset of E-Invoicing in GST system beginning from the next Financial Year. To know more 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 > Cloud ERP India

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.

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