How to achieve ERP benfits?

How-to-achieve-ERP-benfits? -ExpandERP 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

5 Unexpected Things To Expect Before ERP Implementation: Can Selecting Right Vendor Help?

how to Help ERP Software for our business

5 Unexpected Things To Expect Before ERP Implementation: Can Selecting Right Vendor Help?

Remember, a good ERP system ‘ideally’ should have an impact on every part of your business. Here we are talking about an ‘ideal’ condition. Reality can be far from ‘ideal’. With countless ERP softwares available in the market, it becomes almost impossible to select the right ERP solution which fits your organization. When you are a first time buyer, the choice becomes more difficult as you can face a number of challenges. Identifying these challenges in the planning stage can solve a lot of problems; the primary being selecting the right vendor.

Do not be confused with too many options

As a business owner, it is crucial to establish, define and understand the unique business processes of the company. If required, prepare a list of questions for the ERP vendor. You not only need the right software, but also the right vendor. Remember, when it comes to ERP solution, it’s not a one-size fits all situation. For example, if you are in the manufacturing or export industry, you will need a reliable ERP software like Expand ERP. With an expert ERP solution like ExpandERP, you will be promised end-to-end solutions which will fulfill the specific requirements of your business

Enquire about the technology specifications of the ERP solution

While selecting the right ERP, think of the technology that the ERP solution is using. Ask whether the ERP solution is turnkey or will be customized as per the organization’s business processes. If the ERP solution is scalable, will it be able to adapt to the growing users or increases in data? Ask about the speed of the product and how it will impact the end user. Another major concern of the organization is whether there will be possible support for multi-company or multi-site environments if the company wants to work on multiple operations. Now, this is where ExpandERP is different from other ERP solutions; as it is hosted on cloud it helps to quickly migrate legacy systems and implement most advanced technology features across different processes and departments effortlessly.

Think about data quality control

Two of the most common data challenges that a company faces while implementing a new ERP system is replacing legacy data and think about a process to consolidate separate solutions. A business should decide on the kind of data which needs to be collected for business processes and operations. This will be closely followed by the clearance of any duplicate or inaccurate data which was part of the previous system.
An expert vendor like eDominar will help you to guide you through the entire process and map the migration of the newly refined data to the new file format. It is absolutely crucial that all data is balanced prior to going live. Remember that the data integrity of the new system can either make or break the implementation of ERP. With ExpandERP, there is absolutely no requirement for in-house IT infrastructure or upgrades. You need not worry about data backup of security.

Talk about the true expenses of the ERP solution

Before you select the vendor or sign a contract, you need to determine the rough estimate of ROI. As a business owner you are likely to evaluate the cost of the ERP platform and whether it is okay to pay that amount, considering the functionalities it will offer. Also, many organizations have the concern whether the charges will be one-time or if they will be recurring. In case, it is the latter, you need to figure out whether or not the organization can afford that amount. You also need to find out about the annual maintenance charges.

Once you evaluate all these expenses, do a quick review about the ROI; your investment should not be more than the projected returns. The Expand team takes care of any user query over remote desktop and phone support at zero expense. As it is a cloud ERP, there will be automatic statutory updates. New reporting changes and new features will get rolled out instantaneously at zero cost.

Will the ERP solution adapt to the business?

A successful ERP implementation depends on the users and their willingness to adapt to new processes and systems. The best way to manage ERP is from top down. It is essential that managers and executives are integrated to the system, so that employees can follow them.

Check out edominer and Cloud ERP Software for one of the effective ERP solutions for your business.

Tips for Implementation of Best CRM for Small Business

Tips for Implementation of Best CRM for Small Business

Implementation of a CRM demands an in-sync organization. Official guidelines should already be in place. Personal involvement is also often a necessity. The project manager needs to be capable. Internal communication is required to be up to the mark.The following tips should serve small businesses well while implementing an affordable or free CRM software in India.
 
The top management needs to fully back it
 
In order to make the activity of trotting the CRM path a resounding success,it is of crucial importance that the move has the full support and personal involvements of those in the top echelons of company management. The drivers of opinion in organizations, those who set work culture need to be the early adopters.
 
The Project Manager
 
It is obvious that the person in charge of implementing the best CRM for small business, the Project Manager, has a crucial role to play. All needed steps should be taken and it should be ensured that the goals are fulfilled. He or she does not necessarily have to belong in the management but must have the capability of completing the task at hand.
 
The role of the Super-user
 
Besides the project manager, another key personnel in this task is the super-user of the new CRM. It is necessary for this person to be enthusiastic as well as inquisitive about the new system. He is the internal support person an employee turns to. He is also often the contact point for vendors and usually has crucial information regarding the CRM system.
 
Make a big announcement
 
Like your product or service to your customers, your employees too need to be aware of the new CRM system. Make sure that everyone in the organization knows about it and cant wait to use it. Build the hype. After the implementation, remember to keep tabs on how things are working out.
 
Guidelines for your company personnel
 
As the accuracy of the entered data is crucial to the proper functioning of a CRM take steps to ensure that relevant guidelines exist for company employees to refer to while inputting in the crucial information. Make sure all the relevant personnel is making proper use of the system.
 
Train you employees
 
There is going to be differences in how different people approach your new initiative. Some will be all for it and use the new system with motivated enthusiasm. Others will be skeptical and reluctant to adopt the new working style. The project manager needs to take cognizance of this fact and take necessary steps. Third party training is an option. Another is having the super-user train the individual concerned employee. New employees should at once be made acquainted with the way to navigate through the CRM.
 
         Make a proper strategy
 
CRMs are much more than just another tech innovation. It is belief set that needs to be followed. Reconsider your existing routines and those of all employees. Address the fact that their work pattern needs to be modified. This is a difficult task as it will face hurdles on all levels. People are reluctant to change from their comfort zone and that is fact.

5 Reasons Why You Need Retail ERP For Your Business

5 Reasons Why You Need Retail ERP For Your Business

In the advanced time of business, the retail division has received huge success from consuming group of the general public. This article puts a light on the uses of ERP software for retail and the difficulties confronted by the retail industry in the viable usage of the ERP programming. It introduces the aggressive advantages that the retail industry can reliably appreciate from utilizing ERP framework as a part of the retail business.

This blog additionally puts a thin concentrate on top four driving ERP arrangement suppliers, for example, SAP, Oracle, PeopleSoft, BAAN, Microsoft Dynamics, and so forth and their aggressive competition and pitfalls. 

Retail is the offer of products to end clients, not for resale, but rather for use and utilization by the buyer. The retail exchange is toward the end of the store network. Producers offer extensive amounts of items to retailers, and retailers offer little amounts of those items to shoppers. A man who needs to get an item for his/her very own utilization will generally buy it at a retail location or from some other retail promoting channel. 

Hence, retailing provides to the offer of products or items in little amounts sold straightforwardly to extreme shoppers. Enterprise Resource Planning (ERP) is an incorporated computer based framework used to oversee inside and outside assets counting substantial resources, monetary assets, materials, and human assets. It is a product engineering whose reason for existing is to encourage the flow of data between all business firms inside the limits of the association and deal with the associations to outside business partners. Based on a brought together database what’s more, typically using a typical figuring stage, ERP frameworks merge all business operations into a uniform and venture wide framework environment

Enterprise Resource Planning frameworks or the ERP frameworks allude to the product bundles that coordinate every one of the information and the related procedures of an association into brought together Information.

ERP Software for Retail uses a singular database that comprises every one of the information identifying with the different framework arrangements. So as to accomplish a consistent mix, an ERP framework utilizes various equipment and programming parts. ERP bundles are vigorously utilized by bigger retail chains. Intended to encourage the organization also, enhancement of inward business forms over an undertaking, ERP bundles have turned into the focused device for most expansive retail organizations.

ERP programming utilizes a focal database that ensures the distinctive offices to speak with each other through data sharing. ERP frameworks include capacity particular segments that are intended to collaborate with alternate modules for example, Accounts Payable, Accounts Receivable, the Order Entry, Buying, and Distribution and so on. 

Retail ERP frameworks include distinctive modules, for example, request passage, buy, deals, funds, stock administration, DRP (Distribution Resource Planning) and HR. The parts are intended to work easily with whatever is left of the framework and give a reliable client interface all through the framework.

Have you opted for Cloud ERP India yet?

Cloud based ERP in India or cloud computing changes the customization condition. With cloud ERP India, organizations can grow show new productive growth in a matter of weeks rather than months or years, and extend all customization s consistently to the most recent arrival of the framework.  
                                                                                                                     
Changing ERP frameworks need not be a slow undertaking. Cloud ERP empowers fast customization through the distribution of strategies going from graphical customization to work process re-building and has the possibility to free organizations from the pressure of various supporting firms which are continuously blocking the new production. These cloud applications are customized starting from the earliest stage to be flexible and have a full grown system that ensures safe future-proofs customization’s, the customization capability of ERP can be figure it out surely. 
With cloud computing, all procedures depend on a single code base and look over the update process. Putting ERP software in the cloud is a considerable measure quicker and less demanding than on-reason with the fact that the code base isn’t exclusive, it is norms based. This allows organizations to make their customization’s into single platform and have these parts associate with different customization’s through standards based web advancement systems, for e.g., JavaScript.
These cloud advancement systems naturally deal with combination of innovative skills –from the application layer to the database and working framework layers- so that designers don’t need to. Moreover customization of cloud ERP software is normal for standard items. Subsequently, at whatever point a cloud computing is moved up to a more current adaptation. This guarantees excessive assets are not spent physically moving customization’s to the more current from and permits the association to exploit new advancements with new designs. 
It is likewise critical to perceive that you can’t accomplish the customization advantages of cloud based ERP by just facilitating on-reason applications. A facilitated framework is basically on-reason programming that has been outsourced to an ASP (Application Service Provider). Subsequently, facilitated software experience the negative effects of the same confinements as on-reason frameworks, including form lock, with the additional damage that the upkeep also, updates are planned just when the facilitating supplier or company makes them accessible. 
Facilitating on-reason frameworks makes modifying and overhauling considerably more troublesome, immoderate and unsafe.With cloud ERP India rapidly growing, it is imperative to choose just those cloud ERP sellers that have the development, broadness of usefulness and power of framework to advance growth.
To accomplish the required level of customization organizations need, value-based information and business process rationale must be interwoven utilizing institutionalized, stage free APIs. An adjustable cloud ERP stage must have a broadness of segments going from work process to scripting to web administrations.

Combinations, multi-national organizations and substantial partnerships have been backed off by legacy on-reason ERP frameworks that have been time and cost-restrictive to upgrade and modify to evolving business needs. Past customization s made to these legacy applications utilizing exclusive instruments had an illogical effect—they form bolted organizations, kept them from moving up to the most recent ERP discharge and restricting the capacity for these organizations to adjust their ERP frameworks to their necessities in a convenient manner.

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5 Things You Should Know About Erp Software For Textile Industry.

ERP or Enterprise Resource Planning has been in Textile
industry for aerp software in textile industry significant long time. The need of ERP software for textile industry required more brilliant method for working and diminishing information repetition. The start of ERP began in 1960s when an open circle MRP (Material Requirement Planning) was presented. This MRP was connected to Bill of Material and Inventory Master File.

This MRP could discharge Purchase Orders, Work Orders and Rescheduling Notices in light of Planned Order. The real disadvantage in this framework was the control or check focuses. To leave these issues in 1970s appeared shut circle MRP. This model of MRP could check the limit prerequisites before producing any sort of Purchase or Work Order. Yet at the same time it use to work in disengagement of the Business Plan Financial and Marketing. This brought about MRP II in 1980s which on the requirement of Marketing and Financial Planning use to run the shut circle MRP. Still the business felt the need that every one of the assets of a venture should be incorporated which brought forth ERP and therefore all Enterprise wide assets were on single stage working for advancement with better arranging.

1990’s initial ERP utilized customer server strategy where the customer frameworks use to have an application introduced that could get the data from the server. With the introduction of web ERP was pushed one more stride in 2000s where no establishment of customer application was required and the ERP moved to Web. With the introduction of Cloud processing and very perplexing cell phones, ERP turned out to be speedier and effectively available. 

 

Why ERP in Textile industry?
The Textile industry is truly perplexing. Dislike car industry where the variations of a Single auto keep running on a solitary sequential construction system for quite a long time, clothing and material industry sees a great deal of variety consistently. With presentation of new creation frameworks which have been effective in Textile industry. All the aforementioned frameworks required spotlight on decreasing Work In Progress and Waste and Increasing activity on administrator preparing. To bolster fabricating framework numerous Solutions to Apparel and Textile Industry are being proposed; right from apparel handling, apparel following to ERP.
As the opposition is expanding and edges and timetables are being diminished, individuals in Apparel and Textile Industry have begun understanding that requirement for cost control and using the Enterprise wide assets to the most extreme have ended up crucial. 
ERP framework keeps up the advantages of a standard bundle with an abnormal state of flexibility, guaranteeing that the arrangement can be custom fitted to any prerequisite. Its modules could be arranged to the requirements of any material business, whatever its size. ERP comes as salvage to every one of these issues.

Contributor : Sushmita

SOFTWARE VS. SYSTEM

SOFTWARE VS. SYSTEM

A piece of a larger puzzle

The terms ‘accounting software’ and ‘ERP’ are often used interchangeably, but there is a vast

difference among the two. The casual interchangeability in the usage of the two terms has caused confusion among some SMEs about what is the exact difference in the software vs. system. The confusion between the two may have risen as companies that offered accounting software added more features and modules overtime and expanded into full ERP solution providers.

The accounting software that companies used previously dealt solely with financial transactions. The sales of goods, purchase of materials and order tracking were the main features of software solution. Accounting softwares include accounting information such as accounts payable, accounts receivable, trial balances etc. Other frequently bundled functions include billing, expenses, time sheets and sales and purchase orders.

Enterprise resource planning systems encompasses a much broader area and address more business functions. The ERP package covers functions beyond accounting and also factors in qualitative and intangible data. Production planning, ordering, customer relationship management, warehousing, inventory tracking, business intelligence business analytics are comprised within the ERP package. An organization with a fully implemented ERP has greater integration of data and information, better intra-organizational communication and streamlined processes. ERP systems allow a more in-depth view of each function of the organization. Thus ERP results greater transparency and control and by providing real time automatic reports it allows managers to make quick and correct business decisions.

Let’s take the ExpandERP system as an example which offers accounting solutions with financial management, budgeting, receipts and payments included. The package offers much more with customer relationship management, export, procurement and business intelligence modules as well. The entire system integrates and combines the data and with its business intelligence can help predict future profits and losses, lower cost of production by increasing purchase order efficiency, lower operational costs and over time boost the company’s growth.

An accounting software is a part of the ERP package. One can view the accounting solution as a part of the larger jigsaw puzzle that is ERP. While the system would be incomplete without the accounting part, it consists of far more parts that are combined together to form the big integrated ERP picture. Enterprise resource planning offers more than just financial book-keeping and delves into making the whole companies processes as streamlined and efficient as possible. Though the accounting and financial management module is one of the most integral part of the ERP package, its functionalities go far beyond.

Contributor : Vidushi 

 

BAD CRM CAN KILL (COMPANIES)

BAD CRM CAN KILL (COMPANIES)

With the advent of the social customer, businesses nowadays have to be far more careful in their interactions with buyers. One miffed customer can spell a PR disaster for companies.When Jeff Jarvis bought a Dell computer which soon malfunctioned, his repeated calls and mails to the customer service were met with either stony silence or unhelpful automated responses. Becoming disgruntled with the service, he wrote a scathing review on his blog, entitled “Dell Hell” that was shared widely across the internet. Around 10,000 people saw the post each day and shared their equally negative experience with the company. The top management only took notice when the story was shared in the mainstream media – almost too late. The company quickly jumped into action to assure Jarvis and the other bloggers that the matter would be fixed as soon as possible; however, the PR damage was done. In 2006 the company announced that it would be spending $100 million and ‘a lot of blood, sweat and tears’ to fix the issue. A costly disaster to say the least.

In today’s world, where each and every disgruntled customer may lead to a public relations disaster for a company, it becomes essential for businesses to deploy a smooth customer relation management program. To survive in this social setting, a solid CRM system is vital.

A good CRM system gives companies the following key advantages:

  • Allows customers to have seamless interactions with relevant persons in the organization to answer their queries and issues
  •  Gives greater automation to routine processes saving valuable time and resources for the company
  • With data analytics, it enables companies to predict their most valuable potential customers – and ensure optimal contact to secure their loyalty
  •  Creates a faster, more efficient customer relationship system
  •  Increases word of mouth publicity and sales

Had Dell employed a more thoughtful approach to their CRM strategy, perhaps it may have been able to save its blood, sweat, tears and money.

Contributor : Vidushi

Importance of ERP Software in any business

Importance of ERP Software in any business

Business is dynamic. The complexity of business is increasing manifolds. Aggregators and virtual market place is making business highly competitive. Disruptive technology like smartphones, mobile apps have revolutionised the way people transact.

Businesses with basic and legacy software are finding it extremely difficult to manage business. ERP software is indispensable for any business. Businesses understand the need for integrated software and automation through ERP software for operational efficiency. Generally, the ERP software is comprehensive and hence complex by design. Selecting and comparing ERP software features that are right for the business is the biggest challenge. It is a daunting task for the business owner as it involves time, money and setting the processes is order with buy in from end users.

Today, ERP software has most modules a business would want to integrate with. For e.g. Accounting, Inventory, Order Management, Procurement, and Production, MRP, Payroll and Quality control. EXPAND ERP goes beyond regular ERP software offerings. EXPAND ERP further integrates CRM, asset management, fleet management, POS, eCommerce, Mobile App and connectors for popular accounting packages and with large eCommerce players. With over a decade of experience in diverse verticals, EXPAND ERP has evolved with best practice and customer feedback for best user experience.

EXPAND ERP understands the work environment of developing countries, training and support needs. EXPAND ERP through its ‘Quick Start’ methodology on Cloud makes the ERP implementation journey short and ensures success with quick ROI. Business owners get complete visibility of the business with the help of ERP software. ERP on cloud enables realtime information sharing and analytics capabilities. Business stakeholders can take informed and faster decision. Response time for the business to its customer is timely, consistent and quick. Business never goes silent with customer relations as system reminds for action. Overall customer experience improves and it’s the key to business success.

Advantages of Software as Service

With Cloud infrastructure availability across the globe, software vendors are rapidly coming up with ready to use applications with numerous advantages of software as service. SaaS is expected to grow 3 folds in the next 3 years.

Software as Service

The foremost reason for exponential growth of SaaS is lower total cost of ownership followed by various technology and competitive benefits. Leading global organizations are using SaaS in many different ways like infrastructure outsourcing, analytics, big data, research and development, security, backup etc…
Companies with common objectives are able to come closer and collaborate on common platform resulting is efficiency compared to peers.
Due to the flexibility of Cloud infrastructure and SaaS model companies are able to quickly adapt to changing business needs and challenges.
Cloud + SaaS today is reducing time to market, encourage collaboration and innovation and of course bringing down the cost.
eDominer offers EXPAND business software solution as a service through cloud globally. Customers have seen significant improvement in resource productivity and utilization. Today eDominer is enabling customers of all sizes in Exports and Manufacturing domain to migrate to cloud and become more competitive in response time and customer experience

Contributor – Vineet