Know How ERP and CRM Are Different Yet So Important for Businesses

Know How ERP and CRM Are Different Yet So Important for Businesses

In India, usage of CRM and ERP solution is soaring high and for good reasons. CRM and ERP are usually separate but, so connected that CRM cannot work alone effectively without constant update from ERP- from placing orders, sales and logistics to deliveries.  While CRM manages company interactions, ERP Software Company in India offers an integrated administrative application system.

Let’s dig deeper to know where these two are similar and where not-
What is ERP? 
ERP is designed for business administration. It aims at consolidating business data that can be accessible for main operations across the enterprise. It’s a one-off integrated software package that facilitates business process management with real-time update to all concerned departments. For an instance, if a product is out of stock hence the shipment is cancelled, then the status would be sent through the channels to the concerned parties authorized to access the data. This allows departments to regenerate new plan for the issues before it actually makes things difficult within the organization.  ERP offers smooth method for streamlining business process.
What is CRM?
It is a storage database that keeps all the information of related to interaction with customers. CRM process includes categorization customer interactions, collecting and sharing data. CRM method is highly standardized which can be easily shared throughout the network. This smart system can be used by different office executives to create sales projections, representatives can use this to monitor contacts with clients and verify them by sending to shipping clerks. The main focus of CRM is to provide comprehensive customer data that can be used to create plan for client retention and sales improvement.
CRM or ERP: Which one do businesses need the most?
A business may need both the systems but it depends majorly on the integrities involved into the mode of operation. Nowadays, even a small business relies upon CRM system for better and accurate data collection. This is much more clutter-free and easy than collecting data from papers and numerous emails.
ERP is an important business essential that helps streamline business processes. Many large to even small scale industries are relying on ERP Software Company in India as well as abroad to gain better control of their businesses.  Having a single cloud platform integrated with CRM and ERP provides unified view that you can keep control over it from anywhere anytime.
The last note:
When you expect enhanced business growth there must be two things you need to obtain- one is more sales and second is fewer expense. Incorporating ERP and CRM let you enjoy both of them with ease. While CRM brings more clear data on customer interactions and more revenue insights, ERP system keeps the overall operation cost low.

Smart Way to Manage Inventory with Multiple Units

Smart Way to Manage Inventory with Multiple Units

Inventory is one of the core business aspects traditionally handled by resources; significant details were manually documented and stored in filing cabinets. These traditional practices invited the glitches in transparent inventory management process; still, many companies are due to eliminate this archaic practice. If your company is one of them, it’s time to consult ERP software company in India. It is undoubtedly critical for every business regardless of types and sizes to effectively handle inventory levels and track items throughout the process.

If you want your business to grow, ERP is an absolute necessity. Handling multiple units has never been easy, especially when inventory management is involved. Installing a number of software to handle multiple units just raises the level of complexities.
ExpandERP is one of the most trusted Cloud ERP Software, get real-time visibility across multiple inventory units virtually.
Magnify inventory management with ExpandERP:
=>  Stock transfer:
Keeping a track on stock transfers is definitely hectic, minor errors can be expensive deal to handle. ExpandERP enables you to handle multiple warehouse locations, stock points, sales depots through advanced channel concept.
=>  Stores & bin: 
Dispatch and returns are crucial for managing inventory efficiently; it is significant for businesses to manage their inventory at store levels. With ExpandERP you can easily create inventory transfers between multiple stores in real-time, all you need to do is define bin locations and capacity where you want to transfer. The enhanced feature notifies the nearest bin location on pick and put away processes on manual conductions.
=>  Multi-unit conversions:
Creating stock transactions is something that needs multiple resources to keep a track of the process. ExpanERP enable you to prepare and control stock transactions for multiple units, the advanced features automate the stock conversion and adjustments at primary unit; further it helps you to define unit conversion facets at the product level.
=>  Inventory optimization:
It is detrimental for a company to produce goods over or under demand when it has a global presence. The inventory must work on schedule in case of nature-wise perishable goods. ExpandERP enables you to plan your production accurately and replenish the requirements so that you can make purchasing decision across the units.
Why you need ExpandERP for managing inventory across multiple units:

1. Inter-location stock transfers
2. Real-time stock updates across multiple units
3. Inventory tracing from purchase to sales
4. Bin management cross the location, help to eliminate excess storage
5. Save time and increases resource productivity

Expand one of the renowned ERP software company in India offering the simplified inventory management and stock tracking solution for improvising efficiency and reducing transit costs. Our advanced inventory features enable the user to manage multiple units from a single console. Many businesses previously shied away from evaluating ERP software as the feasibility of layer of complexities. However, with Expand you get the best visibility on the entire inventory process incorporating suppliers, suppliers’ chain partner, accurate financial reports.
It’s not too late to automate your business processes, especially inventory because one solution is catering multiple disciplines.