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ERP is an industry acronym for Enterprise Resource Planning. Broadly speaking, it refers to automation and integration of a company’s core business to help them focus on effectiveness & simplified success.
Small and medium enterprises (SMEs) have been the backbone of the Indian economy. At 48 million, India has the second largest number of SMEs in the world.
Cloud ERP solution for SME provides the best practices and tools that were available to only larger enterprises until now and that too at a very affordable price.
The product fully integrated every aspects of the business from the customer engagement through sales order processing to production planning scheduling to inventory management to logistics management to management information system takes it onto cloud for affordability and makes it mobile for easy accessibility.
The application monitors critical operational factors like production schedule, inventory levels, in-time production, distribution logistics, customer request, and quality issues.
The product seamlessly automates different aspects of business functions and it makes functioning faster and working simpler. The automation eliminates the non value added and routine tasks and deploys the resources for more critical and important tasks in the organization.
The application track sales orders to order bookings, revenue projection, and gross margins, net profit and analyze both sales performance and profitability by product and customer.
The integration of disparate business processes benefits by ensuring coherence and avoids duplication, discontinuity, and people working at cross purposes, in different parts of the organization. The combined effect of people productivity when business processes optimization enhances the overall performance by the organization.
The application keep track of actual and budgets for revenue and costs, profit and loss, balance sheet, and cash flow statements, as well as cost center and profit center information.