Top benefits of an integrated ERP system

benefits of an integrated ERP system
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This article was published on: 18/09/20 3:05 PM

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Top benefits of an integrated ERP system

“The Internet is ultimately about innovation and integration, but you don’t get the innovation unless you integrate Web technology into the processes by which you run your business.”  – Lou Gerstner

Integration is a way of adding slices to find the whole. An Integrated ERP system is a software utilised to optimise business process management. Essentially, a system of interconnected business applications manages your enterprise and automates many back-end business functions such as financial accounting, human resources, and more through function-specific ERP modules. Time and resources are saved and now focus can be  shifted on escalating your business.

Different modules that are a must have in a best fit ERP system

ERP systems comprise multiple modules to create a smooth flow of information tailored to both department-level and enterprise-level needs. Expand ERP comes with a host of integrations that provide a huge benefit to the processing of your business smoothly. Some of the functional ERP modules that are  integrated into Expand ERP system are:

  • Online shopping
  • Marketplace integration
  • Logistics
  • Warehouse and inventory management
  • Invoicing
  • GST, P/L,Balance sheet
  • Lead Management
  • Point of sale and retail order
  • Schemes and offers
  • Export Documentation
  • Production and job work
  • Service Request 
  • Mobile Apps
  • Third party integrations

Why use an integrated ERP solution?

 

These strategic tools reduce costs, optimise business processes, and promote healthier risk management. At the very core of every ERP software is the aim to bring every aspect of your business together under one roof to produce the best out of a business.

 

For instance, a customer-specific ERP software or CRM will boost customer relations that converts to revenue for the business. A CRM enables managers to take a detailed look at every customer relationship. They can organise the client base as per their values — high and low, and target higher value customers with their marketing material and sales efforts. Communications with clients then become informative, timely and efficient. Implementing CRM also makes it easier to respond quickly when key clients have a complaint.

 

Many business owners still think that they can run their entire business with just accounting software. It is nearly impossible to manage the organisation online with a software that deals only with finance. Here’s when an integrated ERP software is imperative.

 

A company can even optimise their supply chain to eliminate waste with integrated warehouse management and shop floor management where efficiency is improved through constant communication and revamping of systems according to trends.

Where is ERP today?

ERP is used everywhere. ERP software now works in conjunction with a variety of technology trends to encompass every single business need one might think of. The following new and continuing computing trends have an impact on the growth of  ERP software:

  • Mobile ERP Apps Executives and employees want real-time access to information. Consequently, businesses are embracing mobile ERP apps to gain visibility into real-time reports and dashboards. Users can access data remotely and can respond to customer or business needs instantly. Expand ERP has 5 innovative mobile ERP apps to ease the task of users and produce more efficiency. 
  • Cloud ERP software The cloud has advanced on all fronts of business as the advantages of the cloud such as, access to data in real-time, scalability and expandable storage, has become a mandate. Expand ERP is a cloud software that allows you to run your business completely online from anywhere.
  • Social ERP Social media has been abuzz with how important —or not — it is to add social media to ERP systems. Many have been quick to seize the opportunity and connected social media to their ERP system

Future of ERP software

 

The business environment in present times has become very complicated. The level of competition is increasing. So are the expectations of customers. This makes it essential that businesses use their resources efficiently. This is possible only through the integration of technology with business operations.These technology trends not only help in reducing the wastage of resources but also help modernize the functions. ERP is essential for a modern-day business.

Do you already have an ERP system in place or are looking to get one for your business? Then you need to know about the trends that will shape the future of ERP in 2021.

  1. More ERP users will switch to Cloud: The year 2018 saw the movement of several software platforms to the cloud. Till now ERP is lagging with the integration of cloud computing. In the year 2020, expectations are ripe that more ERP users will switch to the cloud. This trend holds great importance for small to medium businesses.
  2. Businesses must be ready for Updates: With the rising trend of cloud ERP solutions, there are going to be more updates available. This will need the businesses to keep their personnel always ready. They cannot rely on an old-release version for much longer.
  3. The blockchain is the future: Blockchain has found takers in various enterprise software. It will find its way in the ERP also. The blockchain is one of the most secure platforms for carrying out transactions. Though, it is only in the nascent stages right now. But the future of ERP will feature blockchain.
  4. Artificial Intelligence is the way to go: Artificial Intelligence services are impacting every facet of business operations. The concept of machine learning is going to revolutionize ERP. It will help businesses achieve high levels of automation. It will replace the need for human resources across various functions.
  5. Personalization of ERP Solutions: As per the trends,businesses will opt for personalization instead of customization in ERP. It will help them stay up to date with the industry trends. Business users will look for personalization of solutions instead of modifications. It provides the company with a specialized solution at a fraction of the cost.

How will your business benefit from an integrated ERP system?

Originally, ERP systems were created with the purpose of seamlessly merging basic processes like planning, manufacturing, and sales with each other within an enterprise. Today ERP software encompasses marketing, inventory monitoring, order automation, customer service, finance, and human resources as well. As the scope of functions covered by an ERP software has increased, it has also led to increased communication among correlated departments. Every company is a synergistic entity and all the departments must collaborate amongst each other to meet the needs of the entire company. An integrated ERP system enables you to do just that by providing role-based access to information with linked ERP modules.

Expand ERP cloud software is India’s best fit ERP software for mid sized manufacturers in retail and export industry. 

We are a Single integrated Erp software that can run your entire business completely online. We offer Integrations amalgamated with Innovations and Intelligence.  

 

Moving your business to an integrated ERP system is a concentrated effort that is well worth the time and energy. Taking the essential steps to move to remote-friendly operations will actually help your business grow and thrive, improve communication at your company, and show opportunities for growth that may have been hidden in the day-to-day. You may find that taking these steps will get you closer to your goals than ever before. So it’s time you gifted your business with this magic tool and watch it grow like never before. Ask for a free trial period at: 9007026542

How important is an ERP System for a Petrochemical Oil and Gas Industry?

How important is an ERP System for a Petrochemical - Oil and Gas Industry?
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This article was published on: 26/06/20 3:02 PM

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How important is an ERP System for a Petrochemical – Oil and Gas Industry?

“Continuous improvement is better than delayed perfection..”

-Mark Twain

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 petrochemical 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 Industry leaders are always on their toes to meet the ever-increasing demand of the commodity as well as managing between the fluctuating regulations and resources. The implementation of a best fit ERP software solution can simplify the entire process with its agility and flexibility to get apt with the user’s needs. Moreover, oil and gas are in need of careful handling, for which an ERP software can provide a cautious warehouse and supply chain management application to automate the process with ease.

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 must-have 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 helps 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 the petrochemical industry grow :

  • It is flexible in terms of user interface. This ensures better support throughout industrial operations.
  • It  can easily integrate with all  applications and business management tools. This provides a single platform for all operations.
  • It effectively manages project planning, scheduling, inter department communication, etc. This optimizes all industrial processes.
  • It provides detailed project and market analytics for better sales performances.
  • It manages various currencies, 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.

With a best fit cloud ERP software in a petrochemical industry one can easily improve and become a top industrialist and can achieve great heights. You can manage multiple orders at the same time just under one single systematic software.

Expand is India’s best-fit ERP on cloud for the Retailers & Exporters in midsized manufacturing business.

It drives business efficiency with ease by perfectly fitting into the existing business process and effectively automating most complex processes, unlike many such ‘one size fits all ERPs’ which doesn’t give desired results to specific businesses. With Expand ERP one can manage his entire business completely online. With over 15 years of extensive R&D and market testing, it is a unique software which is curated to fit best into your business needs.This ‘made in India’ software seamlessly fits into Indian Business. Further, to fit best to the business, we focus on export and retail domains only.

 

To know more about Expand ERP and how it will transform your business operations please allow us to arrange a demo by our BizTech Expert. Call 09007026542 or leave a message below and we will get back to you shortly.

Top 5 Challenges of Implementing an ERP Software and Their Solutions

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

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Top 5 Challenges of Implementing an ERP Software and Their  Solutions

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

– Tony Robbins

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

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

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

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

 

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

 

Expand ERP is India’s best-fit cloud ERP system for fast growing businesses like yours. It empowers the mid-sized manufacturers in the export and retail industry with real-time visibility and complete control over their business for faster expansion by simplifying complex business processes.

 

With over 15 years of extensive R&D and market testing, we have developed a software that seamlessly fits into Indian Business. We are the OEM of this solution. Further, specific fitment through customization and integration are made for the company’s unique needs. All measures are taken to fit seamlessly into the existing business processes to deliver the maximum benefit of our solution.

Expand ERP cloud software drives maximum growth and ROI to your business. To get more information call 09007026542 and Leave a comment below.

How ERP Software can solve challenges faced in a Book Publishing Industry?

ERP Software for Book Industry
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This article was published on: 20/03/20 9:22 AM

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How ERP Software can solve challenges faced in a Book Publishing Industry?

Our client Mr. Kamal Kishore Sanghai, Director of Mittsure Technologies LLP is a goal-oriented entrepreneur with a progressive mindset. Mittsure is involved in publishing, printing and reproduction of recorded media. He has faced several disruptions in his business earlier where processing was not systematic.The company was struggling to achieve faster growth as it was lagging behind in daily business activities. Mr. Sanghai is liberal and understands the indispensability of new age technology to survive in the competitive market. He identified his challenges and allowed us to help his company improvise and optimise growth with our best fit ERP software solution. Before surrendering to technology, the company had no system and order in its daily activities. They wasted a lot of time and money doing useless paperwork for files and records. After adopting Expand ERP, the company was brought in order from chaos. There was an easy production process and paperwork had also reduced. Even outsourcing or subcontracting procedures was automated for easy transactions.

Mr. Sanghai is our happy client and we have successfully implemented our ERP in his organisation.

All companies face their own set of problems according to the nature of their business. How to find the right solution to it is the main challenge. As Jim Rohn says, “ Focus on the solution, not on the problem.” A publishing company sources its content or stories, then designs publishes and then finally distributes the books. The various forms of publications are magazines, books, newspapers, directories etc which can be published daily, weekly, fortnightly, monthly or yearly basis.

erp for book industry

The processes involved are crucial in nature and if a problem arises in even one process, it has a domino effect on all the subsequent processes. Thus, to keep the coherent workflow smooth and seamless, organisations need to adopt new technologies and tools that will enhance performance and growth.

ERP software has been around nearly as long as commercial software has been available to businesses. But the ERP software market has a tendency to look homogenous, so it’s tough to distinguish. These systems consolidate and streamline records and data from internal business processes like finance, sales, production, and complex supply chains. They also provide centralised databases that act as a single source of truth on whose basis the entire enterprise depends.

If you are a book manufacturer and face similar problems – Expand ERP is the one solution to your needs. We offer the best in class business automation software for mid-sized manufacturers in the export and retail industry.

Essential benefits of using ERP to counter the challenges of a book manufacturing business

 

To manage daily tasks efficiently, all departments of a publishing house needs to be at par with the overall processes and optimum data visibility.

 

Expand ERP counters all the difficulties and operational snags in the publishing industry from a single portal.

  1. Managing subscriptions – subscriptions is a very important revenue generator for any publishing company. Your ERP will send reminders for renewals and manage a list of old/new subscribers with a smart record keeping software.
  2. Optimum Supply Chain Management – SCM improves with full control over inventory.
  3. Reduces manual work of data entry.
  4. Reduces usage of paper.
  5. Decreases risk of errors as all transaction and entry is automated.
  6. Enhances decision making – accuracy in data entry will automatically enhances decision making.
  7. Warehouse management – with a  comprehensive inventory tracking warehouse stock is managed on the go.
  8. Improves material quality by taking care of compliances, inspection and analysis system.
  9. Efficiency in production cycle  – ERP manages your production cycle including capacity observation, planning raw material obtaining etc.
  10. Inventory module improvises material planning and maintains records of previous sales, quality in hand and backorder quantity etc.

Your business is as unique as you are.

Give it a process automation software that is made to fit.

 

Expand Benefits:

  1. Real-time orders – We provide real-time order status to avoid shipment delays and procurement planning with vendors and container planning.
  2. Automated email and SMS to debtors – This reduces outstanding and aging by 30 % in 6 months.
  3. Planning Inventory – You can plan inventory holding based on the historical and current order trend

Install India’s best fit ERP on cloud and grow your manufacturing business with ease.

Expand ERP offers the best in class ERP software for the Retailers in midsized manufacturing industries. It drives business efficiency by perfectly fitting into the existing business and effectively automating and integrating the complex business processes.

Expand ERP for manufacturing books in Export and Retail Industry –

Expand offers an effective Omni Channel ERP. It controls inventory intelligently and can manage warehouses at multiple locations. The users are informed well in advance about finished stocks so orders can be placed on time. Similarly overstocking can also be saved. As a Cloud ERP users can access the data whenever they want from wherever they are. Expand ERP also provides integrated features with marketplaces like Shopify, Magento, Amazon, and Flipkart.

 

Expand ERP for Export Industry makes your export a powerhouse-

It provides post-shipment tracking including bills and export incentive tracking. It also initiates forward booking and packing list and CBM computation. With Expand ERP on cloud export business is made much simpler as access can be made anytime, anywhere.

Revitalise your ERP software with Expand ERP process automation. Instead of you changing your business processes, we tailor-make the ERP software specifically as per your needs. If you are keen to lead your industry with cutting edge technology and take your business to the next level, adopt Expand ERP software.

 

To know more call. +91 9007026542 and Book a Demo

The Future of Retail business is on the internet!

ERP for Retail Business
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This article was published on: 28/02/20 9:26 AM

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The Future of Retail business is on the internet!

The next generation workforce or the ‘millennials’ are completely dependent on technology and devices. In order to be future ready Expand ERP is all set to take you through the newest trends in business automation softwares exclusively developed for the retail industry.

One of our patrons, Mr. Ayush Baid, Founder, Ellementry, a retail lifestyle store in New Delhi, GK I, is a young entrepreneur who wanted to expand his business to 18 stores across the country. He was perplexed as to how he could streamline his POS, Inventory, Warehouse, Omni Channel Functionalities etc. so that he could focus more on his goals than the daily. Team Expand was successful to help him counter his challenges from day one and implemented ERP for a hassle free integration of business operational challenges. Now he can analyse his business with a unified view and take instant decisions and save time and money. Mr. Ayush is our happy client and we share a one on one relation with his organisation.

Retail ERP – A must have in today’s fast-moving eCommerce marketplace.

A retail ERP is a typical ERP system that is uniquely designed and developed for retailers. It has specific in-built features like Point of Sale system that is only required in a retail business. A traditional ERP will need to connect to a third party POS system in order to achieve this desired functionality. Whereas, with a Retail ERP, a POS module is usually included as standard negating the risk of siloed systems or even worse siloed data.

Top 10 essential Retail ERP features:

  1. Retail workflow automation 
  2. Multi-location and real-time Inventory Management
    • Free stock position at various locations
    • Auto take schemes or offers on products
    • Marketplace wise Inventory position
    • Inventory ageing with value 
    • Barcoding
  3. Warehouse Management 
    • Smart billing logic
    • Smart picking automation
    • Minimising inventory losses like theft
    • Controlling stock position 
  4. Omni – Channel Functionalities
    • Order fulfillment from multiple locations
    • Managing returns with credit notes
    • Online/Offline Hybrid POS
  5. Flexible Order fulfillment
  6. Integrated Accounting
  7. Demand Planning and Inventory Forecasting
  8. Integrated Retail CRM 
  9. Hybrid Retail and Wholesale Functionality
    • Channel wise sales
    • Performance of products
  10. Returns Management

“Whatever you’re thinking, think bigger.”

Tony Hsieh, CEO of Zappos

 

On defying the status quo, one should not be afraid to be disruptive and shake up the industry. Every idea or concept already exists, it is about how to create a differentiator and attract customers by finding your niche. All you need to do is think bigger. As CEO of Zappos, the footwear and clothing e-tailer that was launched in 1999, Hseih is a leading name in the retail and e-commerce industry in the US. Zappos is considered an e-commerce giant and a beacon of customer service.

Counter challenges of your retail business:

Retail owners face a lot of challenges on a daily basis, like overstock or out of stock situations, schemes and offers execution, stock clearance and to figure out nonmoving items to name a few.

Your ERP gives you ready real-time data for any time anywhere analysis and decision making scenario.

The complexities of the various taxation formalities can also be managed with ease with your ERP.

Moving with times – Crux of our mission

Expand ERP is continuously growing along with the changing time.

Our newest addition includes marketplace feature integrations. We have partnered with applications like Amazon, Shopify, Blue Dart, Flipkart and Magento to ease out your retail experience furthermore.

 

The benefits of such integrations includes:-

 

  • Pulling orders directly from marketplaces and fulfill from ERP.
  • Priority fulfillment for online orders
  • Auto update of inventory from ERP to marketplaces based on smart allocation logic.
  • Can check inventory position on all marketplaces from a single point in ERP.
  • Ready integration with shipping partners like Blue Dart for auto pick up request and live shipment tracking.
  • Auto update packing lists for online orders based on product dimensions and CBM computations.

Why Choose Expand ERP?

Expand ERP is a robust cloud based business process automation software specially designed for the mid-size manufacturers in Retail business. The unique feature is that is it completely customisable to match the specific needs of your business.

We believe;

“If it doesn’t fit,

Don’t force it.”

Similar to our daily lives, this bears truth for business automation software also. ERP can be successfully implemented only if it matches the unique requirement of your business. What matters is what fits your business and not how great the ERP is. It is sure to fail if it doesn’t fit your needs.

With over 15 years of extensive R&D and market survey we have developed an ERP that is the perfect fit for your business. We only cater to the fast growing mid-sized retailers and exporters. It is a comprehensible, customisable and scalable business automation software which ensures 100 % security of data. So you will never face a situation where your business will outgrow the software, our software grows along with your business.

 

For a seamless integration of ERP software with your retail business, trust Expand ERP completely.

Expand Cloud ERP for retail – best fit ERP for retail!

To know more call..  +91 9007026542