The cost of ERP in India

The Cost of ERP in India

Investing in Enterprise Resource Planning for your Business.

ERP- THE NEED OF THE HOUR!

 

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

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

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

How much does it cost to implement ERP in India? 

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

Implementing ERP is NOT sky-high!

 

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

 

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

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

 

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

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

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

SUPPORT IS THE KEY TO SUCCESS

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

MONEY SAVED IS MONEY EARNED

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

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

 

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

 

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

Some tips to control costs:

 

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

YOUR FRIEND IN NEED!

 

EXPAND ERP : FREEDOM PRICING

 

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

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

 

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

 

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

 

    • Freedom from any upfront cost.

 

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

LIVE LIFE STRESS FREE!

 

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

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

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

ALL YOU NEED TO KNOW ABOUT E- INVOICE IN GST

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

ERP – THE BEST WAY TO REDEFINE THE MANUFACTURING INDUSTRY!

KNOW HOW?

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

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

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

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

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

  1. Cost-effective:

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

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

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

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

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

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

To Conclude:

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

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

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

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

To Know More Book a Demo:

5 interesting facts to adopt Cloud ERP

5 interesting facts to adopt Cloud ERP

How to benefit from Cloud ERP?

“Water has memory”….and Cloud stores the memory.

Cloud! …sounds quirky?

Cloud is the data warehouse for multiple users over the internet, without directly managing or physically maintaining external servers. In technical terms, Cloud Computing is a network of remote servers hosted on the internet to store, manage and process data in place of a local server. The most commonly used cloud providers are Amazon Web Services and Microsoft Azure.

Most ambitious companies rely on ERP systems to help integrate and organize data that is spread across each of its independent departments. Traditional ERP solutions are often housed within a company’s own server infrastructure and require updating and servicing to stay updated. Cloud ERP, as the name suggests, is based in the cloud, like SaaS (Software as a Service.) Unlike traditional ERP software, Cloud-based ERP relies on the cloud rather than proprietary server infrastructure to help companies share information across departments. Cloud ERP software integrates some or all of the essential functions to run a business, e.g. accounting, inventory and order management, human resources, customer relationship management (CRM), etc. – into one complete ERP system.

Transiting from On-Premise to the Cloud

The term “moving to cloud” also refers to an organization moving from a traditional CAPEX model (own the dedicated hardware and depreciate it over a period of time) to the OPEX model (use a shared cloud infrastructure and pay as one uses it).

Patrons claim that cloud computing allows companies to avoid upfront infrastructure costs, and focus on projects that differentiate their businesses instead of on infrastructure.

The benefits of Cloud ERP are many. Essentially, an on-premise ERP system lives on company’s own servers and is customized according to its needs. It’s a system built for a single client and is typically maintained by the ERP vendor or partners with updates delivered maybe once or twice a year. On the contrary, public cloud ERP systems are standardized to meet the needs of a multitude of clients, though all the data are separated and secure, the application and intelligence layers are shared.

 5 BENEFITS of Cloud ERP :

  1. Cloud ERP is typically more affordable. It eliminates the expense of buying computer hardware and software. In cloud, there is no need to buy hardware.
  2. Updates are sent to everyone at once, which delivers a competitive advantage. You’re not left waiting around for a vendor to update your custom ERP system. This ensures vast amount of computing resources can be provisioned instantaneously.
  3. Thirdly, Scalability is a huge advantage as it is easy to scale up your cloud capacity as per the need of the hour.
  4. Accessibility of data anywhere with internet accessibility makes business process smarter and quicker.
  5. Security– with Cloud your data is stored in a centralized secure location which is encrypted in highly secured systems. Shifting to the cloud also often requires changes to a company’s internal workings — changes that often turn out to be enormously beneficial.

Looking for a secure and reliable Cloud-based ERP Solution?

Your search ends here.

With Expand ERP cloud-based solution, you are free to manage your business anywhere or on any device that is connected to the web. All cloud-based servers are protected with software and hardware firewalls, in addition to 2048 –bit SSL certificates for secure HTTPS transports. Seventy four percent of IT executives and CIO’s have cited cloud computing security as the top challenge preventing their adoption of the cloud services model. But with us your data security is our highest concern. Safety comes First. With our Sure Shield promise, we help you overcome such security threats with our 100% assurance of data security.


We at Expand ERP train your team and provide a robust ready FAQ for our software and 24×7 support.

Still not made the right move to Cloud?

Given the fundamental benefits of cloud computing to businesses, it is no wonder that it is revolutionizing the industry, and is expected to grow further in the coming years. Hence, 93% organizations now use cloud-based IT services, 90% businesses plan to increase their cloud spending. Cloud computing allows businesses to ensure efficient collaboration across business locations and departments and effective sharing of information across third parties and contractors.

Some commonly sought after queries before moving to
Cloud computing are:

  1. What is the reason for the high demand in Cloud adoption?
    Over the years, the cost effectiveness of Cloud ERP was the most attractive benefit for changing business processing. The monthly subscription based payment module added to the leverage along with the elimination of managing software applications and investments in servers and external hardware. Besides, it also enhanced responsiveness, agility and promptness to act resulting in growth of business. It enables the users to access real-time information from various aspects of the business and utilize the data to make better decisions.
  2. What are the considerations for choosing between On Premise and Cloud ERP?
    The need for the deployment of new technologies in business is on a high. How and when to be transitioned is personalized to cater to the needs of the business for the optimum returns on revenue. A growing trend among organizations with on premise ERP is to start their cloud journey by adding specific cloud products (such as eCommerce or analytics) as satellites or complements to their core systems. extend? How will they enable you to achieve your growth goals?

Scalability is another unique characteristics of cloud ERP software. Being scalable, ERP can handle various business tasks irrespective of the size of the organisation. Technological advancements can bring new features and tools to make the ERP system more scalable and robust. From the aspects of convenience and cost-effectiveness, periodic upgrades of the ERP software are way better than replacing existing ERP systems. You can readily integrate the latest features and improve performance by updating the ERP version. It also contributes to bringing automation and digitalization to the business.

3. Is my business suitable for Cloud ERP?
Predominantly, business owners are often wondering whether digital transmission is apt for their organization or not. All kinds of organizations of every type, size and industry can use the cloud for variety of uses, such as data backup, disaster management, email, virtual desktops, software development and testing and customer –facing web applications. For example, healthcare companies use the cloud to develop more customized treatments for patients. Financial services companies are using the cloud to power real-time fraud detection and prevention.
It is necessary to choose the right ERP vendor who empowers rather than restricts. The key considerations should be Do the ERP solutions fit your business? Are they easy to use, deploy, and No matter how or when you choose to move your ERP solutions to the cloud, partnering with a reliable ERP vendor is crucial to adapt in the digital world.

At EXPAND ERP, we understand how important choosing the right ERP cloud service provider is for you. Our model-driven Innovation Platform promptly and efficiently helps to integrate all your business operations. With over 15 years of extensive R&D and market testing our home grown Expand ERP effectively takes care of all your business process needs. Expand ERP is a comprehensive, scalable, customizable, cloud-based ERP solution for fast growing manufacturers and exporters. We are the direct developers and implementers of the software and there is no third-party involvement. Thus, we ensure complete peace of mind as your business starts a smooth and hassle-free digital transition journey with us. To know more about Expand ERP or to book a demo call

Get a Demo:

Enterprise Resource Planning

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.

How to Develop an ERP Project Plan

How to Develop an ERP Project Plan?

How to Develop an ERP Project Plan

When an ERP system becomes the need of a company, the company often jumps right into ERP selection without taking any time to prepare. However, this is the biggest mistake. It is very important that first an ERP project plan based on realistic expectations is developed.

Most vendors are not equipped to a developed, realistic project plan because they don’t account for all the components of ERP success.

This blog may help you set realistic expectations for ERP selection and implementation. This may further help you to develop an effective project plan.

THE IMPORTANCE FOR REALISTIC EXPECTATIONS – Many companies, begin ERP implementation with a goal of selecting a software that will deliver them a high ROI. They soon realize that the project is much more complex than they expected, and the benefits are still more difficult to find.

WHY DO COMPANIES HAVE UNREALISTIC EXPECTATIONS – A reason for unrealistic expectations may be that most companies focus mainly on the technical aspects of implementation. If you want to achieve expected ERP business benefits you must also concentrate on the people and process aspects. It is also important to watch out for other mindsets that lead to unrealistic expectations.

REALISTIC ERP SELECTION EXPECTATIONS – The first thought that comes to our mind while selecting an ERP system, is that, how long will it take for the ERP selection to complete. The answer is atleast 14 weeks, but larger companies, with multiple locations might as well take as atleast 16 weeks. Its also important that we keep our budget in mind. But before we start contacting ERP vendors, we should set the realistic expectations. We can set them taking help from the following sub-points:


  • Ensuring Organizational Alignment – The key to a successful ERP selection is that the people working in your company understand the advantages of an ERP so that they are ready for the change and the organization is aligned.
  • Developing A Business Case – To win over executives you should design a business case, that includes an outline of how an ERP system can help in the development of your organization. All this can inspire your executives which will help you with a proper ERP selection.
  • Building A Selection Team – At an early stage, we don’t know what are the adequate resource required to build an ERP project plan. Therefore, it is very important to build a selection team for the ERP before we select it.
  • Mitigation Change Resistance – As soon as, you have planned to bring an ERP system into your organization, you should start to bring a change in the management of your organization.
  • Mapping Your Current State – Mapping your current state will help you to know about your requirements that needs to fit in the ERP system. Though nothing is ideal, and the system may not fit in all your requirements, knowing them, will help you to prioritize them.
  • Improving Business Processes – While some processes may need only some improvements others may need complete business process re-engineering. Finally, this can build up efficient processes that will guide you through your ERP selection. If a system can’t support your business processes then it’s not right for your business. Though this may increase your ERP selection time, leaving it for the implementing part, will be even more time-consuming and more costly.
  • Understanding Deployment Options – Some ERP systems are on-premise, while some are on cloud and some may even be hybrid i.e. both on-premise and on cloud. While on-premise software can be less costly but not easy to use, on cloud software can be costly but very much easier to use. The ease of use and cost for hybrid disasters may vary. So it is very important for us to be in our budget and also at the same time be very careful to choose the right ERP system.
  • Developing An IT Strategy – There are several IT strategies you need to make before ERP selection. For example, whether you need a single software or multiple breed-softwares. This depends on your needs and may even require customization which is costly. Hence, out of these many strategies you must be taking care of all of them.
  • Developing A Data Migration Strategy – Developing a data migration strategy is always left off towards the end of the project. But it can be very hard after all the customization and testing of the system is done. Thus it is very important to develop the data migration strategy before ERP selection.


It’s Never Too Early to Develop a Project Plan
 – Even before everything we should take the time to develop an ERP project plan.

How to achieve ERP benfits?

How-to-achieve-ERP-benfits? - Expand ERP Blog

How to achieve ERP benfits?

While selecting an ERP system, companies may see about unlimited possibilities in terms of improvements in their businesses. However, somewhere along, many ERP systems do not reach the expectations and the company suffers.
In experiences, aligning of organizations is not a priority for companies during selecting a software. Moreover, companies are very desperate to find a new ERP system fast so that it addresses their pain points and they lose sight of their business goals.
Staying focused on benefits realization is not easy. Therefore we’ve found many strategies which will help companies realize significant benefits from their ERP projects. These strategies are most effective when implemented before or during the selection process.
  • Understand Your Current Status – You can realize many business benefits by knowing your pain points in your current system.
  • Outline Expected Benefits and ROI – When embarking on ERP projects with clients, we typically help them clarify their overall business goals, so they can determine how ERP software can support these goals. This leads to a discussion about business benefits.
  • Ensure Organizational Alignment – Your company needs clearly defined business goals along with project goals.In addition to this they also need an understanding of how they tie together. Everyone, especially executives in the company needs this understanding.
  • Develop A Realistic Project Plan – Unrealistic expectations often is one of the main causes of low benefits realization and ERP failure.
  • Focus On Change Management – You cannot realise business benefits if the end-users are not ready to use the new ERP software.
  • Think Twice About Changing Your Goals – While changing the ERP system all processes, like customization or scope adjustment must be viewed. Also keeping in mind your project goals is necessary.
  • Continually Measure Benefits Realisation – Identify gaps between projected and actual benefits throughout the project. This helps managers to understand what they are doing well and how they can improve.
  • Continually Improve – If the company is including, focusing on business process management as a part of your ERP projects, you should understand the importance of continuous improvement.

Some more ways by which an ERP system can help our industry grow :

  • They are flexible in terms of user interface. This ensures better support throughout industrial operations.
  • They can easily integrate with all our application and business management tools. This provides a single platform for all our operations.
  • It effectively manages project planning, scheduling, inter department communication, etc. This optimizes all our industrial processes.
  • It provides us with detailed project and market analytics for better sales performances.
  • It manages various currency, foreign policies and compliance and finances with ease.
Continuous improvement is better than delayed perfection.

Mark Twain

Software for Leather Industry

ExpandERP for Leather-Industry.png

Key Benefits of Expand ERP for Leather Industry

  • From formulating accurate production plans to enabling safe stock-based planning for critical items, ExpandERP provides optimized sourcing of raw material for leather industry.
  • ExpandERP manages Bill of Material for multiple product variants in leather industry like material selection for design, size and width combination
  • From tracking orders as well as goods that have been rejected to forecasting the estimated shipment plan, ExpandERP manages it all.
    By minimizing waste and maximizing productivity, ExpandERP utilizes the raw material effectively.
  • ExpandERP provides extensive reports that compare the conversion of raw material to finished goods across various sizes and processes, leading to process improvement.
  • It is a multi-platform software which provides online view of your receivables, payables, various order costs etc which gives a 360 degree view of your business.

Software for Leather Industry

Leather is a durable and flexible material created by tanning animal skins. The raw material mostly used is cattle hide. Leather is used to make a variety of articles, including footwear, automobile seats, and book bindings. It is produced in a wide variety of types and styles. It is also decorated by a wide range of techniques. Leather artifacts date back even in 2200 BC.

The leather manufacturing process can be divided into 3 main processes preparatory stages, tanning, and crusting. A further process, finishing, can be added into the leather processing sequence. All leathers do not receive finishing and thus, cannot be counted as a main process.

The customers of today demand the best quality of leather products at a competitive rate. At the same time as government rules become more strict, leather manufacturers have to invest more and more on disposal, storage,etc. What we need is a business solution that can streamline our business.

In this situation an ERP system on cloud can come to our rescue! ERP or Enterprise Resource Planning or Software for Leather Industry is a wizard tool for the leather industry. An ERP system can increase the efficiency of the industry, while it also helping you to manage and balance multiple projects and operations effectively. It is an on cloud software that helps us to streamline our business and helps us to work efficiently.

With industrial management functionalities an ERP system can manage from CRM to SCM and from HCM to HR management. An ERP system is a total solution with lightning speed for the leather industry.

How can an ERP software help our business grow:

ERP can transform unstructured processes into routine transactions such as electronic approval of purchase orders based on predefined company policies.

ERP can replace or reduce the human labour involved in processes, like matching of supplier invoices based on accepted purchase receipts.

ERP can transfer information rapidly and with ease over large distances. It is now possible for various offices and factories of an organization to perform transactions and analysis on the same server, reducing geographical distances.

ERP can help manufacturing companies in carrying out analysis such as: Forecasting of market demand based on statistical models; Capturing of hidden market trends through multi-dimensional analysis; Identification of potential improvement areas.

ERP can bring a vast amount of detailed information into the process.

ERP can enable changes in the sequence of task in the process, often allowing multiple tasks to be performed concurrently.

ERP allows the capture and dissemination of knowledge and expertise to improve the process.

ERP allows detailed tracking of task status, inputs and outputs.

“If we do what we always did, we will get what we always got.”

Henry Ford

Software for Chemical Industry

Software for Chemical Industry blog

Software for Chemical Industry


Chemical Industry

The chemical industry is a bast industry. It comprises the companies that produce industrial chemicals. It converts raw materials into more than 70,000 different products. The plastics industry contains some overlap, as most chemical companies produce plastic as well as other chemicals.

Various professionals are deeply involved in the chemical industry. They include chemical engineers, scientists, lab chemists, technicians, etc. Polymers and plastics, like polyethylene and polypropylene comprise about 80% of the industry’s output worldwide. All these materials are often converted to fluoropolymer tubing products. These are then used by the industry to transport highly corrosive materials. Chemicals are used in a lot of different consumer goods, but they are also used in a lot of different other sectors too. Some examples include agriculture, manufacturing, construction, and service industries. Major industrial customers include rubber and plastic products, textiles, and primary metals. Chemicals are nearly a $3 trillion global enterprise. The EU and U.S. chemical companies are the world’s largest producers.

ERP or Enterprise Resource Planning or ERP for Chemical Industry is a wizard tool for the Chemical Industry. The Chemical Industry in India is among the largest producers of chemicals around the globe. It contributes a substantial share to the country’s economy. From basic day-to-day consumer products to special chemicals, these chemicals are in need of processes. The processes are mostly complicated and hazardous in nature. Thus, it is necessary that all the processes be managed cautiously. An ERP also provides us with business management tools like CRM. ERP for Chemical Industry is an end-to-end solution that helps us to lift up our business from the very beginning. It also keeps us paced up throughout our management of the industry.

An ERP system can increase the efficiency of the industry, while it also helps us to manage and balance multiple projects and operations effectively.

Some more benefits of using an ERP system are:  
  • Better visibility
  • Responsive agility
  • Change management
  • Better supply chain efficiency
  • Product innovation
  • Improved operations
  • Enhanced customer service
  • Faster time to market
  • Deep collaboration
  • Optimal manufacturing
 
“Quality is Pride of Workmanship..”
-W. Edwards Deming

Software for Oil and Gas Industry

Software for Oil and Gas Industry blog

Software for Oil and Gas Industry

The oil and gas industry started in India in

1889 when the first oil deposits were found

near the town of Digboi in Assam. The

natural gas industry in India began in 1889

when the gas fields of Assam and

Gujarat were discovered.

 

The oil industry is also known as the

petroleum industry or the oil patch. It

includes the global processes of

exploration,extraction, refining, transporting, and selling of petroleum products. The largest products of this industry are fuel oil and gasoline. Petroleum is also the raw material for many products, such as pharmaceuticals, fertilizers, pesticides, and plastics. The expensiveness of oil and its products has led to it being known as black gold. Oil is a part of a large percentage of the world’s energy consumption. It ranges from a low of 32 percent in Europe and Asia, to a high of 53 percent in the Middle East. It is considered to be the biggest sector in the world in terms of dollar value.

 

The oil and gas industry is divided into three areas: Upstream, Midstream and Downstream. They can be defined as follows :

  • Upstream – It involves the search for underwater and underground natural gas fields or crude oil fields and the drilling of exploration wells and drilling into established wells to recover oil and gas.

 

  • Midstream – It involves the transportation, storage and processing of oil and gas. Once resources are recovered, it has to be transported to a refinery, which is often in a completely different geographic region compared to the oil and gas reserves. Transportation can include anything from tanker ships to pipelines and trucking fleets.

 

  • Downstream- It refers to the filtering of the raw materials obtained during the upstream phase. This means refining crude oil and purifying natural gas. It also involves the marketing and commercial distribution of these products to consumers in a number of forms like natural gas, diesel oil, petrol, as well as a number of other types of petrochemicals.

 

ERP or Enterprise Resource Planning is a
wizard tool for the oil and gas industry. This
industry is among one of the early adopters
of an ERP system. This is because a major
section of the industry is dependent upon
the precise workflow management and
market analysis. An ERP system can
increase the efficiency of the industry,
while it also helping you to manage and
balance multiple projects and operations
effectively. Moreover, ERP systems for oil
and gas industry provides us with easy to
use modules such as sales and purchase.
This can enhance and streamline our business.

 

How an ERP system help our industry grow :

  • They are flexible in terms of user interface. This ensures better support throughout industrial operations.
  • They can easily integrate with all our application and business management tools. This provides a single platform for all our operations.
  • It effectively manages project planning, scheduling, inter department communication, etc. This optimizes all our industrial processes.
  • It provides us with detailed project and market analytics for better sales performances.
  • It manages various currency, foreign policies and compliance and finances with ease.

 

The world uses nearly 36 billion barrels of oil every year. The USA is the leading oil producer in the world, followed by Russia and Saudi Arabia.

 

If we use ERP in an industry we can easily improve and become a top industrialist and can achieve great heights. We can easily manage multiple orders at the same time just under one single computer at the click of our hand. It is a one in all solution to manage and help an industry grow.

 

 

“Continuous improvement is better than delayed perfection..”

Mark Twain