Enterprise Resource Planning

business

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.

Why ERP Software for Exports Should Have Integrated CRM Software Solution

Why ERP Software for Exports Should Have Integrated CRM Software Solution

If you think carefully enough you will come to realize that ERPs or Enterprise Resource Management solutions were always meant to be accompanied by CRM software. Having said that ,we must concede ERP software for exports has proved to be invaluable allies of businesses on their own. But the magic works best when both are part of one software suite and their true potential unleashed.
 
 
These days, data is being generated in huge amounts as we speak and write. This has translated into an environment for businesses that far more complex for their owners than ever before. They have to meet the challenge of being able to take correct action and they have to do it fast. Otherwise, their business prospects take a turn for the worse both in terms of short and long term. Customers are faced with an exploding array of choices and are more demanding. Businesses have to respond to their demands or face obliteration. Competition takes the center-stage as hundreds of companies vie for the same money of individual consumers. But that is a natural consequence of the consumer is king model.
 
So, in order to prevent your business out of gears when that happens, it is far better to opt for a modern and flexible solution that not only has modules that may be customized and scaled easily but has a built-in CRM as well. That is truly the best software for export import business.
 
All this has resulted in more and more companies realizing that an ERP with a built-in CRM solution is the best option open to them. Today even small and medium-sized businesses are turning to such a breed of ERPs in order to better their business processes. The magic of automation and enhanced management is in full bloom when ERP and CRM are inherently integrated.
 
ERPs perform the function of management and automation of back-office tasks while at the same time streamlining their business operations, CRM’s look after the front-office machinery that is responsible for interactions with customers, management of the whole pipeline of sales, provide support, conduct up-sell activities, track information regarding customers and come up with dashboards and reports on the whole data collected through their system. CRM’s are of great use in simplifying and standardizing all such activities.
 
But personally, obviously, for valid reasons, the concept of mashing up two different products from two distinct vendors does not seem to me to be that great of an idea. The different products make use of different architectures and the absence of any pre-set standard when it comes to exchange and interaction of data makes them unwieldyand unreliable. Not only does such a solution prove to be prohibitively costly but makes the whole process unnecessarily complex.
 
It is a risky decision and I as a business owner am highly unlikely to make such an unwise move. Sometimes companies claim that their solutions have integration compatibility but future updates may break such integration’s and make the whole system inoperable.

Picking the Right ERP Software for Export-Import Business

When it comes to taking a pick for the software for export-import business which is right for your business you may feel a bit overwhelmed. But when your ERP Software for Exports needs to have a specific functionality the task can quickly become a headache. Accounting, Inventory, Basic CRM functions are handled by almost all ERPs. But at the same time if still stick to manual procedures in other processes it wont help your business much. You need to consider not only the ERPs that provide a comprehensive functionality but also which ones can be tailored to suit your needs.
 
The Factors that need to be considered
 
If you consider the functions, there are a number of components which are important in an import-export management tool. Tasks like tracking costs, the ability to account for various currencies and customs processing done the automated way fall under their preview. Besides, the functionality you should also consider support, costs and the satisfaction of previous clients with the software tool.
 
In order to have your inventory costs accurate the software has to take into account landing costs. Such costs are inclusive of taxes, brokerage, freight and duty. Once you have detailed reports about the products cost you can then set an appropriate selling cost for individual products.
 
If you are operating on a global scale then you just have to deal with multiple currencies. This makes it easier to change your selling price according to cost fluctuations. The scope of human error in calculation is also removed. You just must have software for export-import business that keeps a track of what your customers owe you and in which currency and what do you owe them.
 
Automation of customs procedures saves loads of time which would otherwise have been spent in the manual organization, entry and updating all the relevant information.
 
Customer satisfaction too should figure prominently in your ERP checklist. Dont be afraid to ask people using the ERP in order to know its advantages and drawbacks. Let the ERP vendor get acquainted with your business and make a customized pitch. A vendor who understands the needs of your business, as well as the particular industry you operate in, will be in a better position to be of help to you.
 
Lastly, keep in mind the support factor. If you may need round the clock support does the ERP vendor offer that? Remember that large software companies outsource their support services while a startup will be able to provide a more customized support experience in-house.
 
To Sign Off

Before you hand over the check for your ERP make sure that the system is best suited for your business processes and industry relevant practices. Some vendors customize their products while others offer specialized modules out of the box. The latter is usually less expensive and chances are that the vendor to is experienced with the needs of your industry.

4 Places To Use ERP Software for Exports

Small and medium businesses can be basically overseen by a solitary ERP Software for exports which make your Imports and Exports simple. To Supply the exceptionally focused request shipment surpasses as far as volumes of offers and benefits you ought to require an ERP Software.

  • Stock administration

You ought to require an ERP Software for exports to supplant manual power in stock administration Commonly, as an organization develops more information is created. More established frameworks may not be prepared to handle the uptick in data or clients getting to this information. In the event that your framework is hindered, then profitability of each workers is influenced. Without perceivability into deals gauging, purchasers will have a troublesom time recognizing what to buy and when. Keep current generation levels and creation prerequisites close by as opposed to utilizing a disconnected, non-coordinated framework.

This can lessen stockpiling additional materials and rather keep the right sums available. In the meantime, this will permit you to maintain a strategic distance from deficiencies by continually having exceptional stock of crude materials and segments. The System will consequently raise buy request if there is any lack of stock and includes quality checking.

  •  Shipment Details

Spreadsheet planning will mean somebody is going to invest a vast bit of energy accommodating worker plans with what is going on the shop floor. A coordinated planning application is urgent for expanding time spent working and appropriately using assets.

Because of this you can convey the merchandise at determined time and date immediately.Organizations need exact reports continuously. Those organizations without a solitary framework are as yet utilizing incoherent or obsolete modules to get reports and inquiries.You might invest hours of energy superfluously accepting reports and confirming information from different stages. ERP Software will give you a chance to track the request points of interest at whatever time and anyplace from your versatile itself. Because of this component your client can get forward data.

  •  Inventory network Management

Taking after generation administration, logistics and conveyance it is essential to deal with supply administration. Off base bill of material, directing definitions and point by point generation guidelines add to improving and scrapping of materials. Having an incorporated framework can avoid scrapping material and generation time. Further re-working can influence other planned operations or undertakings. Lessening revamp and scrapping will mean additional time dedicated to on-time satisfaction and transportation of your item. A coordinated ERP framework can improve things greatly in dealing with your consumer loyalty. It can likewise enhance general rates of correspondence inside your client administration offices.
  •  Exchange Online

ERP Software gives the clients a consistent web exchanging knowledge through its different helpful components, for example, spilling stock quotes, online instalment portals, portfolio tracker, broad exploration reports, online IPO, continuous measurements. The clients can discover all their significant record and exchanging points of interest online and settle on a more educated choice for productive exchanging. Because of this you can deal with your time emerging of the bank line. By making direct exchange you can decrease the commission cost.