What is ERP ?

This article was published on: 1/07/15 12:05 PM

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ERP stands for Enterprise Resource Planning. ERP is the process of automation of core business functions and sharing information through integration of all departments of business.

What is ERP

ERP software enables a business to automate and integrate the core processes like finance, inventory, sales, production, payroll and many more. Through implementation of an ERP system the business can achieve efficiency in all functions of the business.
ERP empowers the stakeholders of the business to capture vital information, share information and get meaningful output anywhere anytime for decision making.
With the exponential growth of Cloud technology and use of smart phones, ERP has become even more inevitable for an organisation to stay in competition. The new generation customer is expects more and more error free information about their transaction with the business.
ERP software allows for better planning and scheduling of processes. Just in time inventory for efficient inventory management and Material requirement planning gives competitive edge to any business.
EXPANDERP is the industry leader in cloud based ERP solution. EXPAND ERP has industry best practices to reduce implementation time. EXPAND ERP is comprehensive and flexible to configure. The unique plug n play customised component is a delight for businesses.
EXPAND ERP is new generation business software. It integrates smart phones, Internet of Things (IoT) and ready to use through world class cloud infrastructure. Business can go online in no time and take advantage of cutting edge technology. Unlike other ERP software EXPAND ERP has lowest implementation time with highest success rate because of industry specific solution.

Contributor – Vineet

Small Business ERP

This article was published on: 1/07/15 11:55 AM

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Small Business ERP

Cloud computing has removed the major hurdle for ERP service providers to roll out cost effective for small business ERP. ERP is mainly used by large companies to manage their business. Due to
high cost of deployment and maintenance, it was difficult for small business to benefit from an ERP. Small Business erpPay per user, Pay per transaction, Pay as you go models have made ERP accessible to small business and inevitable with the growing competition and business volumes. Small business ERP has increased efficiency and helped save costs.
Even the bigger ERP players are trying to remodel solutions for small business by cutting on the frills, making it more friendly for end user and easy to learn. Small business ERP are mostly industry specific and in line with the business, unlike bigger ERP that is generic and needs to be customized for the business.
There are several Small business ERP with different combination of functionality and pricing. Businesses really need to evaluate to suite their budget and ensure that software can address the core business function. Business should verify track record of the ERP vendor in similar industry.
EXPAND ERP is a cloud based solution for small business. It is comprehensive for mid-sized businesses who are manufacturers, exporters, distributors or retailers. EXPAND ERP is flexible to manage complex business processes. The pay as you go model gives enough scope to the business to try the software before committing.
EXPAND ERP has vast experience with SMB environments and understands the functional problem of similar companies. With the pricing model and functional expertise EXPAND ERP is a safe bet for small business.

Contributor – Vineet

Simple ROI logic for Small and Medium Enterprise

This article was published on: 22/08/12 10:28 AM

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SME being unorganized with limited capital can benefit enormously by using ERP on cloud.

A typical scenario of Inventory in SME is over stocked or underutilized. Just in time inventory can be easily achieved reducing holding cost by around 20%.

 

ROI logic

 

Customer order managed efficiently can bring more repeat orders and build good reputation. Easy email alerts, order status reminders can help. It is an immediate result of ERP implementation.
Outsourcing your payroll, recording your leads manually can be replaced. ERP payroll system linked with incentive formulas can be effective. Mobile based on spot lead recording and tracking can exponentially reduce administration cost and increase sales efficiency.
Operating and maintaining huge server infrastructure vis-à-vis cloud system can reduce IT operational cost by 30%.

Looking at the above even if SME choose to have private setup, they have a profitable preposition.

Contributor – Vineet

 

Quick Response Code (QR Code)

This article was published on: 5/04/12 2:56 PM

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Quick Response Code (QR Code)

The scattered black and white boxes nowadays seen at the bottom of most newspaper advertisements is QR Code, a type of barcode that can be scanned by smart phones. The QR application on the smart phone immediately opens up related website or shopping cart or product and services linked to that barcode.

QR Code

 

This has created immense opportunity in the world of advertising and customer focus experience. This technology as of now is limited to mobiles and effective for mobile campaigns.  

 

Users scanning the code with their mobiles can be rewarded with discounts, offers, recharge and other information through advertiser’s website. The user can now get more information (extended information) by getting navigated from a tangible newspaper advertisement to a virtual experience so conveniently by a click and scan and giving the advertiser exclusive interaction moments.

 

QR Code has opened a whole new world of marketing and advertising for marketers.  

Contributor – Vineet

Reduce cost in Small and Medium Enterprise (SME) with Cloud services

This article was published on: 2/04/12 9:15 AM

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In the early 90’s free email services like Hotmail was a big success. The immediate need of common man to have a personal email address was resolved. People still preferred paid email accounts provided by Internet Service Providers (ISP). The lack of knowledge and credibility of a free hosted service was the bottleneck. Nowadays every individual or SME has an email account on the web.

In fact, it is widely accepted that Email has been the biggest gift by Information Technology to the community. The trend is moving from desktop environment to a managed hosted environment where all technology hassles of organizations are outsourced.

 

For a major section of SME cost has always been the driving factor. By adopting the hosted (cloud model) solutions the capital expenditure is completely eliminated. An SME has limited resources and face challenges in managing IT infrastructure. The view of businesses is changing as it happened with email a decade ago.  

 

Every SME is trying to adopt simplified technology services and focus more on their critical functions of the business. The earlier they move the better (first mover advantage) in competition.  

Contributor – Vineet