Is your Data safe on the Cloud?

Is your Data safe on the Cloud?
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This article was published on: 3/07/20 4:08 PM

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Is your Data safe on the Cloud?

“Sure an ERP system is great, but is my data safe on the cloud?”

– a common worry for most  ERP users.

ERP solutions market is changing through the dynamics created by new technologies and devices

What is Cloud?

It is an ERP Software that is hosted online on a cloud computing platform. Cloud servers are located in data centres globally.

How does it work?

A technology called ‘virtualisation’ allows for the creation of a simulated, ‘virtual’ computer that behaves as if it was a physical computer with its own hardware. These virtual machines are sandboxed from one another so that they don’t interact with each other at all. Even if individual servers go down, cloud servers are always online.

Due to common misconceptions and myths about cloud storage some companies remain hesitant to move forward into the future.

The cloud enables greater transparency and accessibility, rapid deployment of the software across the company and seamless scaling of business functions to meet market changes. There have been a number of high profile attacks on company data in the past. These stories are bound to make some hesitant about transiting to the cloud.

Here  are some of the top buyer misconceptions when it comes to cloud ERP system:

 

  1. Cloud data is more prone to attack: An ERP vendor has more expertise on data security than the average enterprise engaging its services. The physical location of the server, be it on company premises or within a cloud provider’s data center, has little relevance on the server’s potential vulnerability. The data’s security relies less on the physical location of the server and more on the security measures implemented by the center. Companies with on premise ERP have the added responsibility of maintaining its server’s security and maintenance. The generally superior to that of the average enterprise. Thus purely in terms of data security, the cloud system is the better option for most small and medium sized enterprises.
  1. Data Residency Control: Many countries have regulations that restrict personal or sensitive data to be exported or stored in a different country. Companies that fear that their data and records may be outsourced without their consent can rest easy knowing that there are legislative restrictions to prevent that. By choosing a reputable and reliable ERP vendor who is transparent about the internal and external policies governing the relationship, the firms can be assured that their data is in reliable hands and rest easy.

 

  1. Rival firms with the same vendor can hack and sabotage: A persistent but unfounded concern is that a cloud based system that houses the data of multiple firms is inherently more susceptible to data hacks, leaks and attacks. In a cloud system, firms share a pool of network and storage resources, which brings about this fear, because in the business world, sharing is not about caring. Firms can be assured that the cloud providers segment and secure the servers and resources in such a way that essentially each company’s data is in their own private space, completely detached and inaccessible for others.

 

  1. No Cloud, No Worries!: A firm that has not opted for a cloud ERP system may smugly assume that it is safer. “My data is not stored on the cloud, it is stored on my own computer. I am completely safe!” But if the computers are connected to the internet, the firm is already on the cloud. Given that most, if not all, companies are connected to the internet, no company is perfectly safe from attacks and data theft.

 

  1. Data security is the sole responsibility of the Cloud Provider: The cloud ERP vendor does manage the network security and associated tasks for the firm. However, to rely solely on the vendor for all aspects of data security is a massive folly. Internal data management and confidentiality policies, password policies, employee accessibility, user management and security training of employees are equally, if not more, important when it comes to maintaining data integrity and safety.

 

There are several reasons to choose a cloud based solution for your business needs. Lower costs, greater accessibility and flexibility are some of the many reasons that firms are increasingly opting for cloud-based ERP. The common myths and misconceptions regarding data security on the cloud are more fiction than fact. Enterprises looking for a suitable ERP system can be rest assured that the cloud options are safe.

Main service models of cloud computing 

  1.  Infrastructure-as-a-Service – eg – Digital Ocean, Google compute Engine,     Openstack
  2. Paas – Platform -as-a Service -eg – Heroku, Microsoft Azure
  3. SaaS – Software-as-a Service -eg – Salesforce, Mailchimp, Slack

Types of Cloud Deployment –

  • Private Cloud – dedicated to one organisation
  • Public Cloud – server run by external vendors and shared by multi organisations.
  • Hybrid Cloud – combine private and public servers and includes on premise legacy servers.
  • Multi Cloud – using multiple public clouds,the organisation rents virtual servers and services.

Expand ERP – the best fit ERP cloud software in India for manufacturers promises to protect your valuable data with Expand SureShield.

  • Multiple Location Storage – Data is on the cloud, stored in multiple locations ensuring maximum safety.
  • Stored on trusted technology platform (Microsoft Azure, SQL Server)
  • 99.99% uptime (uptime is the amount of time the service is online available and operational)
  • SSL(encrypted) Data Transmission- Similar technology as Net Banking and thus extremely secure.
  • Private Database – each user has the private database and not shared one as in open source ERP.

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.

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.

Top 5 Challenges of Implementing an ERP Software and Their Solutions

Top 5 Challenges of Implementing an ERP Software and Their Solutions
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This article was published on: 20/06/20 10:45 AM

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Top 5 Challenges of Implementing an ERP Software and Their  Solutions

“Don’t limit your challenges; challenge your limitations. Each day we must strive for constant and never-ending improvement.”

– Tony Robbins

  1. Planning for an ERP implementation in the near future?
  2. Are you worried about rising costs?
  3. Are you unsure about what is the best fit ERP software for your company?

An ERP software implementation surely comes with a lot of challenges, even though its benefits are manifold. In the next few years, your business value will reach new heights and touch new shores of expansion, with a successful and best fit ERP software integration. With a prior knowledge of the challenges and bottlenecks, you can be better prepared to counter any such obstacles with ease.

  1. Incorrect Requirement Analysis: ERP implementations in most cases fail because of inaccurate requirement analysis. One needs to know the difference when an ERP application is integrated with an e-commerce site and a POS software. You need to know whether the ERP app needs to be integrated with CRM as well. However, in most companies requirement analysis is done by employees with limited knowledge of ERP implementation. Primary emphasis is laid upon the cost and faster execution. But unfortunately, the project fails in most cases as the requirement is not completely understood in the chaos of bargaining with the costs with the vendor. To have more clarity on ERP implementation, case to case differences, actual time and money to be invested, involving people with good knowledge on ERP is a must.  They would advise you in better decision making, and thereby drive better results. Make sure the requirement analysis checklist is reviewed by a technical team, before finalizing the deal.
  2. Inadequate Training: Following closely on the lines of the previous challenge discussed, lack of knowledge continues to be a hurdle for a successful ERP implementation. When your company is preparing for a major data transfer from the legacy system to a new ERP reality, it is necessary to have a basic understanding of the changes that are taking place, the new interface, and risks or losses involved in the process. You may arrange for a brief knowledge transfer session for all employees or anybody who would be part of the new system, before the actual change takes place. Not an elaborate training program followed by a test, but a simple 45-minute session by the knowledgeable resources, for all to attend. Training videos of the same may also be circulated. Expand ERP offers complete training of users post implementation within 50 hours by trained technicians and constant support even after implementation.
  3. Inefficient Project Management: Larry Ellison, the founder of Oracle Corporation once said that taking care of one’s customers is important, but taking care of one’s employees is more important. This implies that you should have the right resources in your team for customer success. We need to understand their worth and utilize their full knowledge and potential for an efficient project management. Trust them, mentor them, train them and let them come up with a full-proof project management plan that will not only ensure a successful ERP implementation but also derive desired ROI for your business. Only with a meticulous project management, one can achieve that, no amount of cost-cutting or package deals help.
  4. Customization: ERP software is often misunderstood as a wholesale package solution for a company. But unfortunately, it is not. ERP applications are actually a framework with which a customized solution is built. This means, your requirements have to be defined well in advance and accordingly a customized ERP solution will be created. For that, you need to define the workflows and do a capability analysis, beforehand. You might have to make a few minor adjustments in the application solution to meet all your enterprise needs. These adjustments or modifications differ from suite to suite and might be required at the beginning or sometime in the middle of implementation. If you are prepared for a capacity planning, delays in implementation and time loss because of system outage may be kept at bay. It is advisable to invest in a best fit ERP software that suits all the unique needs of your business. A ‘one size fits all’ ERP system is most likely to fail.
  5. Rising Operational Expenses: Overhead cost is one of the biggest challenges of ERP implementation. The initial cost of implementation is high, but the customization and maintenance costs are even higher. The more customization needs are, the higher are operation costs. Maintenance costs are of course, a necessary evil, which cannot be brushed aside. However, with an efficient requirement analysis and resource planning, much of this cost may be brought under control. Sit with the best quality professionals in the organization to find out what you really need for enhancing your business value. Seek for features that will add value to your product or service, attract more business, and position you better as an entrepreneur. That way, you will get the true value for your best fit ERP solution without spending a huge amount. Expand ERP cloud software involves zero upfront costs. Only a concurrent user price is payable as per your usage. Investing in Expand ERP cloud software is a value for money solution that derives fast ROI.

These are certain generic challenges while implementing an ERP software. Depending on the sector in which the company operates in, the extent of complications may vary. This will ensure the implementation process is smooth without any glitches.

 

Team Expand ensures you a hassle free cloud ERP software integration experience with utmost ease.

 

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. To get more information call 09007026542 and Leave a comment below.

How business is performed with ease in a lockdown with a best fit ERP software.

Benefits of implementing Expand ERP
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This article was published on: 1/05/20 11:35 AM

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How Business is Performed with Ease in a Lockdown with a Best fit ERP Software.

A business best ERP software can be an important saviour for your business in the post lockdown scenario. How our software solution supported our patrons to run their business with ease while remaining at home and maintaining social distancing.

“Don’t fear change. Embrace it!”

– Anthony Dangelo

It is easier said than done. We all wake up in the ‘new world created by the pandemic. Everything has changed its perspective overnight. The looming question in our mind is quite inevitably- ‘What will happen to my business?’ The global socio-economic crisis has changed the entire definition of industries, manufacturers and professionals world wide. Each one has and is going to suffer a crisis on its own level.  But, this is something which is not within our control. We can only control what is in our hands. For example, finding innovative and proactive measures to perform effectively with whatever resources we have and reach out to new methods of working.

Technology is the biggest respite. Schools and colleges have taken to online classes using apps like Zoom and educational apps like Extra Marks. Offices are establishing work from home policies and using video calls on Google hangout, Zoom, Duo etc for holding meetings and conferences. Webinars are being conducted by several professionals like talk shows and learning programmes. Cultural activities like dance and art are also being exchanged online. These are various new measures taken to continue the normalcy of life as the virus is here to stay unless and until a certified and proven vaccine is being innovated. And definitely that will take some time.

An ERP software on cloud is one of the greatest boons to organisations, large or MSMEs. Our patrons who have been using the system for a while have shared their first hand experiences with us, how the ERP software has supported them in business during the lockdown period.

“As of now we are using Expand ERP more for purchasing.

Even during this lock down our purchase people were able to contact the farmers with whom contracts were made.. as the contact nos. were available in the ERP and we are in the middle of the harvest season. Also I was able to raise new purchase orders. Also during this lock down it was a good opportunity to discuss customization and was able to navigate through the different modules to deeply study the possibilities.”

 

P.Kumar

Director, Pioneer Chicory

Entrepreneurs like Mr. Kumar are already at an edge compared to others who do not use ERP softwares in their organisation at such a crisis time and can plan ahead for the post COVID 19 period, with real time data and analysis of their business.

Here is a list of reasons how an ERP software helps you to work remotely.

  • Saves costs – As mistaken that an ERP implementation is a costly speculation, from a long term perspective it is arguably unreasonable.
  • Increased productivity – Working remotely with ERP software has proven to increase productivity as employees are dedicating more quality time to analyse and research in depth .
  • Enhanced Communication – ERP system that integrates well with a smartphone or tablet makes it easier for deskless workers to carry out their jobs. It enabled deskless workers to access various information they needed from a single portal. Better correspondence will make collaboration between divisions smoother.
  • Compliance with rules – The technology exists to make it easy for companies to adhere to various regulations set by the government.
  • Streamlined processes – Complexities in businesses can cause bottlenecks, loss of productivity and even delays in accurate information. ERP solutions aid to navigate complex processes, stopping any data re-entry that is occurring, and benefitting production departments, delivery departments and facilitating order completion.

 

An ERP software is intuitive with a finger-friendly interface. It is highly recommended by industry insiders to implement ERP on cloud to succeed in the future market scenario.

During this period of crisis my team has been working closely with our patrons to help them understand their ERP software better and gain more insight of their own business with the data stored in the ERP system.

Expand ERP is India’s best fit ERP software on cloud for midsize manufacturers in the Export and Retail industry. Our best in class software has supported several businesses during this lockdown period.

Benefits of implementing  Expand ERP:

 

  • Our customers have been able to do Financial Book closing, backlog update and a deep analysis of historical data. This will help them plan ahead and measure the pros and cons post lockdown. 
  • In the Agro Industry, products were able to manage procurement from farmers uninterrupted during lockdown.
  • All business organisations could enable work from home while maintaining social distancing due to the cloud platform which enables anytime anywhere facility. Their data could be accessed even during lockdown period through the software.
  • All reports and data related to inventory could be accessed resulting in real time stock count and updates. This helped the companies to know how much inventory they have in stock and what needs to be done ahead.
  • The accounts team could access outstandings and payables and accordingly send messages to clients for payments. An automatic email or SMS is sent by the ERP software as a reminder for payment. This reduced debtors and improved cash flow in the companies.
  • The Expand HR mobile app on Android enabled attendance of employees working remotely without the use of biometrics. An employee can feed in attendance and automatically the ERP fills in the time and location for HR purposes. 
  • The ERP also helps in staying connected with the team members with ease. The whatsapp integration facilitates easy messages exchange so that employees are well informed and included of what is happening in the organisation. This is very essential to keep the morale and spirits high of the team during crisis time. 
  • Online payments are made easier with integrations like Paytm, so no lockdown can stop any payments or financial transactions in the organisation.
  • With our Virtual Distribution Network integrated in the software, manufacturers can easily reach out to the end buyers through their personal marketplace, keeping the distributors in the loop. So distribution of products can be executed online maintaining social distancing.
  • Since all data and information is stored on the software which is on the internet there is very less use of stationery. This makes it environment friendly and reduces the use of paper. Post covid, our environment will need extra care to heal soon.
  • Shipping is made easy with Blue Dart integration. The products can be tracked and delivered to the customers by the shipping company without any hassles.
  • Businesses can revise credit limits centrally to control credit in the market soon after the lockdown reopens to stay relevant.
  • The ERP can immediately suggest alternate material for production based on history data on BOM.
  • The ERP can immediately highlight potential secondary suppliers from historic data if the primary supplier is affected due to supply disruption.

Your business is as unique as you are.

Give it a process automation software that is made to fit seamlessly into your business process.

  • Made in India for India -With over 15 years of extensive R&D and market testing, we have developed a software that seamlessly fits into Indian Business.
  • Ease of Biz -Quick implementation with no business process alteration, no Capex, low customization, less training time due to user-friendly interface.
  • Complete Compatibility – Complete customisation to adapt to the specific business & continuous integration (with Whatsapp, Paytm, Flipkart, Amazon, Shopify etc) with growing needs.  

These are only some of the innumerous ways that Expand ERP cloud software can help your business stay relevant and future-ready to battle this new structure of business. This is the right time to make an instant decision for protecting your dream company from drowning. My experience of over 15 years in this industry has shown a spark in this crisis time, all the more. I truly hope this article will bring value to you and your company. For any queries and feedback please leave a comment below. We will be happy to help you. Please take the business fitment test attached herewith to find your perfect ERP software partner.

 

Vineet Bansal

CEO, Founder, Expand ERP

He has over 15 years of IT and management experience. He brings EXPAND ERP software for Exporters and Manufacturers to manage businesses more efficiently on Cloud.

How I perceive Life and Business will change after Covid-19

Covid-19
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This article was published on: 17/04/20 12:06 PM

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How I perceive Life and Business will change after Covid-19

Nothing is so painful to the human mind as a great and sudden change.

-Frankenstein

But we humans are mere puppets of the Divine who may have planned and curated a better future for the generation to come, for which people across the globe are compelled to pause, unwind, virtually unite and show endurance and perseverance within the confinement of their own homes. The human race is facing the biggest crisis since World War II. A calamity-struck world is devastated as the pandemic Covid-19 is speedily spreading its reach. Till date, over 1.5 million people have been affected by Covid-19 and about 80,000 people have died worldwide. Billions of people have been suffering passively from the impact of the disease. These numbers are rising in leaps and bounds each day and countries are trying restlessly to flatten the curve.

Protecting the humans from the disease has undoubtedly put the world economy on a downturn. World trade has been paused abruptly for the last 4 months since the disease crept first in the city of Wuhan in China in the month of December last year, killing thousands and contaminating several. Since then the Corona virus epicenters have shifted from China to Europe to the United States of America. At present the U.S.A is battling to take control of the pandemic which is wreaking havoc in the world’s busiest and biggest city New York and parts of New Jersey.

They always say time changes things but you actually have to change them yourself.

– Andy Warhol

This outbreak has been identified as the start of a deglobalisation. The world will be facing the greatest recession economically. Similar to the 2007-08 Global Financial Crisis, this will be primarily a health crisis leading to an economic shortage. 

India has been coherently controlling the pandemic spread as much as possible owing to the well-coordinated steps taken by the Government. Further, India’s prowess in medicine and health science and also mass awareness with the help of digital technologies and the political command of our P.M has sincerely helped in the containment of the disease so far. The nationwide complete lockdown may have its repercussions on the economy of the country, but at the end of the day we all cannot agree less with our PM Modiji  that, “Jaan hai toh jahaan hai.”

(Life is worthy only until we are alive).

According to the World Economic Forum, “There is no returning to normal after Covid-19. But there is a path forward.” So as humans we ought to unanimously hope and pray for the light at the other end of the tunnel and lend our backs to each other at this hour of crisis. Life after Corona won’t be the same for all. As every situation has pros and cons, here too we humans will witness a drastic change in every aspect. The good may include, a cleaner, healthier environment, less pollution, change in behavioral patterns like people will surely respect and value relations and love even more, people will also take life less for granted and take proactive measures and precautions as and when needed. Well, the negative side to it is the several losses of life and affected people, the trauma that people may have gone through, the monetary losses primarily borne by all the rich and the poor, the abrupt changes in everyone’s lifestyle and many more. The fear in people’s minds ought to prevail even after the curve flattens and going out for socialising and entertainment will be of less importance. The worst affected are the daily wage earners who are at a loss as they don’t know how to earn their daily meals.

Unemployment and poverty in the low income group will heighten, while the high income category are suffering losses in millions for the lockdown and stagnancy of trade and business worldwide.

Suddenly, if we see through the looking glass; the horizons have turned around and a world envisioned only by futurists who forecasted apocalypse and the ominous twinning year(2020), is playing out in real-time. Overnight fashion houses have turned into surgical mask making workshops, automotive companies are manufacturing ventilators and breweries and perfume makers are making hand sanitizers. Today, as the nation is undergoing a change we stand as one united Country to face the fear and stand victorious. The initiatives taken by the Government, the Corporates, the doctors and health workers, the security officers, the social workers, the journalists etc are commendable and overwhelming.

However, as strategists believe, assessing needs and priorities and mapping them with a time frame can help government, businesses and individuals respond to a ‘new normal’. We need to look beyond the crisis and try to build a new frame of work style. The best way to curb such a situation which demands staying at home to stay safe is to adapt to cutting edge technology. Bankers, IT officials, schools, colleges, institutes are all proactively utilising this time of lockdown in whichever way they can. Multiple group video calling applications like Google duo, Zoom, Webinar etc are being used to conduct online lectures and classes and conferences to reach out to people and stay connected. Life is not quite the same virtually and working from home has its own challenges. For example, for most people ‘work from home’ may be compulsively the ‘new normal’ but for some others it is a culture hard to get accustomed to.

 

Fortunately our Gen -Y are already well equipped and learned to deal with such situations.

 

My daughter of seven is overwhelmingly responding to her dance lessons and school classes being conducted online as if it was just meant to be the same.

Statistics show that the world post Covid-19 could push half a billion people into poverty. India with a magnanimous population of over 130 Crores is threatened with the financial instability of its people. The Government is taking proactive measures to curb all the discomforts of people as much as possible. Employers are requested not to take away jobs or waiver salaries below a certain amount. The Prime Minister’s Relief Fund is beaming with donations all across the world and for once now there is no inequality in class, creed or religion. Any disruptions created by extremists are being taken seriously by the security forces which is a much needed action taken for a democracy. The prime concern here is to free the nation, the world from this disease.

Gartner survey found 74% of companies plan to permanently shift to more remote work post covid-19.

IT companies are a blessing to mankind. The best in class softwares is the need of the hour to help such situations with ease. Expand ERP software solutions on cloud initiations are the core business initiatives that provide the most value today – they require operational excellence and superior execution.

The coronavirus outbreak that has driven millions of workers indoors is opening up new vistas for companies in the technology industry, as remote work boosts demand for virtual networks, software-as-a-service and security firewalls. Telecommuting is here to stay undoubtedly. Many big brands who were earlier reluctant about remote work have prompted their resolutions to handhelds, personal digital assistants, smartwatches, tools like Zoom and Microsoft teams, or Alexa and Google mini.

As an entrepreneur, if you are concerned about the stagnancy of your manufacturing business let me give you some relief. Expand ERP software solutions is the ultimate solution for working remotely effectively. The software is an office in itself and provides every relevant data that is required to operate the business from home.

How does Expand cloud ERP help to work from home effectively?

 

A cloud ERP software is the ultimate solution to working effectively from home.

  1. Data is stored in an external multiple location data center which can be accessed remotely.
  2. All important documents are uploaded on your ERP, so there is no need for several papers and files.
  3. As a leader, it is important for you to stay connected with your team to make them feel included. With Whatsapp integrated into your ERP this can be easily done.
  4. With your ERP you can keep your books of accounts updated, reconcile payables and receivables, verify stock and inventory and prepare yourself for the future.
  5. You can also utilise your time upgrading your knowledge about your ERP.
  6. For any relevant queries and information our Biztech experts are constantly available at your service.

Our patron Mr.Gupta of a renowned Export firm. is an entrepreneur with foresight. He has insured his company long back from such dysfunctionalities of access to data or resources. He has implemented Expand ERP software in his manufacturing company which is managing his business for him now at this crisis period. He testifies;

“The software has proved its worth during this crisis period. My company is insured and protected in the right hands and I am less worried about how to make up for the time loss during this lockdown. Expand ERP has shown its value and helped me stay connected with my team and inspire them to work from home and protect their families as well as the company.”

Expand ERP is India’s best-fit cloud ERP solution 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.

At such an hour of national emergency, we are open for business and believe that with cutting edge technology even you can work remotely with ease. Make your business future ready by adopting Expand ERP software on cloud.

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.

Author

Ritika Gurbani

Digital marketing stratetist- eDominer

How does ERP make your retail business effective?

thoughts
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This article was published on: 10/04/20 7:01 AM

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Retail ERP Software

How India’s best fit ERP software brought an 18 retail  store chain across India into the digital age automation.

The concept of loving what you do isn’t a novel concept. However it takes immense passion to be dedicated to your retail business, as it is a 25 hour job.

 

Our youngest patron, Mr. Ayush Baid, Founder and Director of Ellementry (a prestigious lifestyle store in Delhi), belongs to a digitally aware generation for whom it wasn’t a difficult task to convince his family that digital automation of his business is the only solution for faster growth and expansion plan. It was clear in his mind that with Enterprise resource planning he will be able to achieve his goals to expand his store to 18 different locations across the country and eventually step into eCommerce. The challenge was how to choose the right software vendor for executing his plans. After a lot of research his team approached our office in Noida. On hearing their problems challenges, our Biztech experts quite easily ran the Expand ERP business fitment test and a product walkthrough. After reports and analysis it was assured that Expand ERP is the best fit software for Ellementry to achieve its desired results. As Expand ERP specializes in the Retail domain it was the obvious choice for this retail chain.

 

On this day, Ellementry is a successful lifestyle retail chain pan India and their presence online is also widespread. Young and goal-oriented entrepreneurs like Mr. Baid are more sought after who realise that in order to be future ready, digital automation and cutting edge technology is inevitable.

“From day one I felt the need for an ERP system for my Retail brand. Now that we are expanding to 18 branches all over the country it will simplify my work process and help me organise my business. Expand ERP has helped me and my team round the clock and we have been able to implement ERP software successfully. I strongly recommend Expand ERP if you need to implement an ERP system.”

Ayush Baid

Founder, Ellementry

Retail Industry is one of the biggest hit industries in the world right now with the wide popularity of eCommerce and online marketplace. When everything is available at your doorstep with anytime exchange/return policies, why would someone waste time stepping out to a retail store?

 

However attracting buyers to the retail store is the primary challenge for retailers. Revamping retail experience to perform amidst the e-commerce hypergrowth is imperative. Positive customer experience is the new competitive battlefront and stores can offer experiences that are impossible online.The preference is for brands and stores that permit customers to weigh multiple options. Customers want experiences that are abundant with choices, convenience, and digitization to meet expectations.

Retailers across the globe are undergoing major transformation from a traditional environment to a highly integrated system. To thrive in the current business scenario retailers must have a presence in all the channels, physical stores, online apps, mobile apps with the right set of tools to make supply chain and marketing operations operate cohesively.

 

Enterprise Resource Planning software is a highly recommended tool that can benefit retailers to achieve desired targets and thrive in the competition seamlessly.

It provides a host of benefits to retailers and improves customer experience:

  • An ERP software allows the marketing team to analyze the effects of a sales promotion, event campaign, store footfall, product sales and much more. It helps the marketing team study customer behavior patterns and replicate similar promotions in different locations. 
  • The merchandising team is able to plan inventory and margins. Further, distributors must have access to demand analysis reports to plan efficient inventory. An integrated ERP solution can smoothen the collaboration between both retailer and distributor to yield better results.
  • From the vendors point of view, back end rebates can be recovered. The ERP system will allow the synergy between merchandising and finance teams to recover the agreed rebates for easy planning of further events and campaigns.
  • Retailers should have shelf or bin management solutions which provide a graphical representation of the store or warehouse so that inventory can be managed at the right time and place to attract customers.
  • Point of sale kiosks should provide the ultimate customer satisfaction before leaving the store. A customer’s shopping experience is to be maintained from the time of entrance till they leave the store. With an ERP software all POS processes can be executed smoothly to improve customer’s in store experience. This can reduce billing time. Mobile counters and self checkout kiosks help complete billing faster.All integrations like credit/ debit cards, digital wallets and loyalty programme must be a part of the POS system, kiosk and mobile counters. ERP software tools are integrated with the PoS machines, which gives real-time data. ERP takes advantage of PoS machines one step further by reflecting all transactional data instantly not just in the retail outlets, but in the central ERP system too.
  • E-commerce is indispensable for retail, which is why ERP tools now come with e-commerce integration. Like PoS machines, e-commerce integration allows the ERP software to get access to real-time data about transactions. This data can then be used for inventory management, demand forecasting etc.
  • ERP allows retailers to analyse customer trends and past sales. It gives you insights into what products have been popular and what haven’t, which helps you in deciding which product you should promote and which you must discard. The various factors associated with sales, like pricing, discounts, sales offers etc., can be improved with ERP.

Expand ERP is India’s best-fit cloud ERP software for mid sized manufacturers in the Retail industry.

Expand ERP for the Retail Industry

has been developed keeping in mind the specific needs of the retail industry. Expand offers an effective Omni Channel ERP software. It controls inventory intelligently and can manage warehouses at multiple locations. The users are informed well in advance about finished stocks so orders can be placed on time. Similarly overstocking can also be saved. As a Cloud ERP users can access the data whenever they want from wherever they are. Expand ERP also provides integrated features with marketplaces like Shopify, Magento, Amazon and Flipkart.
Expand ERP offers the best-fit cloud ERP software for the optimal business efficiency and revenue growth of your manufacturing business. We provide specialised software for export and retail businesses. Further to seamlessly fit into your business process Expand cloud erp is completely customisable. From our long standing experience of over fifteen years we have understood that an ERP that is best compatible to your business will give you the best ROI. If it doesn’t fit, never force it. To know more about how our erp will smoothly fit into your retail business process call us for our ERP-business fitment test.

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