Why to choose an integrated ERP solution on cloud and how to run all your manufacturing business processes on a single platform with ease?

An integrated ERP solution
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This article was published on: 25/09/20 3:55 PM

Home > ERP Integration

Why to choose an integrated ERP solution on cloud and how to run all your manufacturing business processes on a single platform with ease?

ERP is the abbreviation of Enterprise Resource Planning, which in simpler words means managing or handling the mandatory resources of an enterprise. Technologically it is a term used for a software application which allows the automated integration of all business activities like orders, purchases, sales, HR/payroll, finances, warehouse and inventory records. It gives a unified view on a single system with real-time data. This results in time and cost savings which enhances your business growth and efficiency and obtaining optimal ROI.

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 revolutionized 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.

Benefits of ERP Software:

An ERP solution can be indispensable for businesses today. Its dominance cannot be ignored or paralleled by any other system. Today ERP systems are crucial for managing thousands of businesses of all sizes and in all industries. It brings order to chaos so that users at all levels can create, store and process the same data in real time and take immediate actions when needed. It offers several benefits to organisations like:

  1. Clarity: Clarity of business data and analytics from real time data which gives an insight to the business challenges.
  2. Reduced costs: Reduced operational costs as business processes are streamlined and systematic.

Importance of ERP in Business or Organization:

 

Not only large enterprises but small businesses should also take ERP in their considerations. Companies have experienced various benefits for making ERP as their smart choice.

  1. Managing the business under one system: The major benefit of ERP is the management of the core processes of the business in one tool. Main operations like human resources, finance, sales, manufacturing, etc. all get integrated under one system. In other words, ERP acts as a project management tool within the organization. For Example: As your sales team will confirm an order, the system will automatically generate statements to the finance department, inventory department as well as the purchasing department to update and replenish the stock.
  2. Cost Reduction: Funding in ERP is a long-term investment. In the emerging trends of ERP, even open-source tools are also available in the market. For all the companies who don’t want to invest much in the software can get this ready software in their systems. Not only the fixed capital is getting reduced, but there is effectiveness in working capital as well. Every process is getting managed on one tool, so there is no necessity of training the employees about different platforms, and they will be able to focus on other operations as well.
  3. Improved Productivity: Tasks like generating reports, downloading and then sending the attachments, and still not able to meet the deadlines. If all these procedures can get accomplished in a single tool, then the productivity of employees will increase, and they will be able to focus on other services as well. Implementing ERP will lead to streamline the flow of information within the employees and increase the efficiency of day-to-day operations. Hence, improving the productivity of employees and the reduction of operational expenses.
  4. Customer Relationship Management: The most important and difficult task in the business is maintaining the customer relationship. Being so occupied with paperwork, employees get over from the customer accommodation. Resulting in the downgrade in lead generation and conversions as well. ERP systems provide leverage to the employees so that they can focus on customer’s problems and feedback. If all the work will get managed on a single platform, then ultimately, better communication will get done with customers.
  5. Better Communication: Business hierarchy is something in which communication is lacking. Employees weren’t able to get connected, and all their ERP systems facilitate system communication tools to delegate tasks, group chats, file sharing, etc. to manage projects and other operations effectively and efficiently.

Advantage of 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 to make the most of your ERP integration and derive optimum ROI

How to make the most of your ERP integration and derive optimum ROI
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This article was published on: 15/06/20 1:56 PM

Home > ERP Integration

How to make the most of your ERP integration and derive optimum ROI

“Technology plays a vital role in modern society. Everyone is touched by the power of technology in some way large or small,good or bad, everyday. “

-Mackenzie

The decision of investing in which technology for your company is yours. It is a difficult decision to make having the insecurities of failure in my mind.On the one hand, you want to be the one responsible for innovation and growth within your company. On the other, you also don’t want to be the one to pull the trigger on a failed project. So, investing in a best fit ERP software is a risk worth taking. To find out, you need to weigh the benefits of ERP, specifically how ERP system advantages and disadvantages breakdown when compared against each other. Whether your business is large or mid sized or small,or any industry there are several benefits of ERP software your company could gain. Enterprise resource planning software (ERP) is a suite of customizable applications that allow businesses to integrate and manage their most important processes. After implementing an ERP system in your company, it may start with a sales order that would need to be processed. The system will mention the elements that have to be in place and the modules that have to be executed for the desired end result.

To get the most out of your ERP integration we are enlisting a few tips that will aid you through your ERP experience.

 

  1. Select the best fit ERP for your business – Choosing the best fit ERP software according to your unique needs is the most essential for success in ERP implementation. What does not fit, will not excel. It is sure to fail. It is best to analyse the needs of your business and choose a software that serves the best possible solutions. Take the Expand ERP fitment test to find out whether your business fits into our erp or not. 
  2. Know the Total cost of ownership – If you are working on a budget which everyone should, always look at the total cost of ownership rather than the price of the software. If you take just the price of the software into consideration then you will end up excluding the cost of hardware, consulting money to implement, internal resources to maintain the software and future upgrade costs that come with it. However Expand ERP has no upfront costs involved. 
  3. Select the right vendors Being in a comfortable relation with your ERP vendor is utmost essential for a successful ERP implementation journey. Having full trust on your solution provider makes half your battle won.The vendors you choose should be able to give you specific estimates regarding TCO and the ROI you can expect for your business and in what period of time. You should have detailed discussions with them about the budget, project completion time. Also, always ask for references from other organisations that have hired them. Team Expand facilitates 24 x 7 support post implementation and training within 50 hours after integration. With over 15 years of market experience Expand ERP has built trust in several companies. 
  4. Keeping all team managers in the loop – Proper coordination and communication is essential between all team managers and cross team functioning for a seamless erp implementation. Miscommunication can lead to malfunctioning of the system and the desired results will not be availed. The management level should be well informed at every step. 
  5. Develop a roadmap – A roadmap is also very important as it will ensure that a step-by-step process is followed and will also give clarity to the financial stakeholders. Through a well-developed planned strategy, you can turn a complex and large technology into phased operations. Roadmaps also help in identifying possible hurdles and removing them before they hinder the implementation. With proper strategies and planning your company will achieve desired results from the ERP software. 
  6. Deploy one module at one time – When the implementation is complete, never deploy all modules at once as it may result in chaos. Instead, deploy one module at a time and carefully monitor its workings. You can deploy more modules once every module fits snugly within the workflow of the organisation. 
  7. Delegate implementation oversight to a cross-functional team- Across-functional team needs to be given the duty to oversee the implementation procedure.The team –made up of individuals from different departments such as operations, human resources, IT, accounting etc. will ensure that all areas of the business are correctly addressed. This will also generate excitement in all departments and the chances of the workforce adapting to the ERP with ease will be enhanced.

A robust ERP software system offers a foundation for the growth of your business. It streamlines all your routine and complex-to-handle business operations making data management extremely simple and hassle-free. Most importantly, it helps you make wise and prompt business decisions. Thus, it is imperative to ensure that your ERP solution functions in line with your business goals and strategies.

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. 

For any assistance on selecting the right ERP for your business, email at .in or call. 09007026542 for a quick conversation.