#erp software

[shantitechnology]

Elevate Efficiency with Top-tier ERP Software for Engineering Companies in Mumbai, India

Unlock unparalleled efficiency for your engineering company with ShantiTechnology's (STERP) advanced ERP software solutions. Tailored specifically for engineering companies in Mumbai, India, our ERP solutions redefine operational excellence. As one of the leading ERP solution providers in India, we bring you state-of-the-art technology to streamline processes, enhance collaboration, and boost productivity.

Experience the next level of business management with ShantiTechnology (STERP) – your trusted partner for cutting-edge ERP software tailored for engineering companies in India and specifically optimized for those in Mumbai.

[kastecherpsoftware]

Exploring the Significance of ERP Software: How It Works, Why It's Vital for Companies, and the Benefits for Your Business

Enterprise Resource Planning (ERP) software stands as the backbone of modern businesses, planning a masterpiece of operations seamlessly. This comprehensive suite of integrated applications manages core business processes, including finance, HR, inventory, supply chain, and more. Its significance lies in its ability to streamline operations, enhance efficiency, and foster data-driven decision-making.

Cloud-based ERP solutions offer a versatile edge over traditional on-premises systems. They facilitate real-time data accessibility, scalability, and cost-effectiveness. Conversely, on-premises ERP software provides robust security and customization options, ideal for businesses with specific compliance needs or intricate operational structures.

Adopting the best ERP Software Consulting Solutions is a strategic move for companies, as it centralizes disparate processes into a unified platform, eradicates data silos, and enhances collaboration, thereby boosting productivity and offering a comprehensive view of the business for smarter, data-backed decisions."

The benefits of ERP software for your business are multifaceted. It optimizes resource utilization, streamlines workflows, minimizes errors, and accelerates reporting cycles. This ultimately results in improved customer satisfaction, reduced operational costs, and better agility in responding to market changes.

When seeking the best ERP software development services, solutions, implementation, or consulting, businesses must prioritize expertise, reliability, and compatibility. The best ERP software development services and solutions cater to unique business needs, offering tailor-made solutions for seamless integration and functionality.

Choosing the best ERP software implementation services or solutions involves a thorough evaluation of the provider's track record, customer reviews, and adaptability to your company's requirements. Expert ERP software consulting services navigate businesses through the maze of choices, ensuring optimal software selection, implementation, and long-term success.

In conclusion, the strategic implementation of ERP software can revolutionize business operations, driving efficiency, innovation, and competitiveness. Selecting the best ERP software development, implementation, and consulting services is pivotal for maximizing the benefits and leveraging the full potential of this transformative technology.

ERP Offerings & Practice's

SAP/S4 HANA ERP Software Solutions

Ellucian Banner ERP Software Solutions

Peoplesoft ERP Software services

Oracle Cloud ERP Software services

UKG ERP Software services

Salesforce ERP Software services

[stackerbee]

IMPACT OF AI CHATBOTS AND VIRTUAL ASSISTANTS

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Join the future of customer service with Stackerbee Technologies' AI chatbots and elevate your business today! 🚀👏 #AI #Chatbots #Innovation

[eighty6tech]

Eighty6 was founded to streamline and facilitate the entire procurement process, thus changing the way the food service sector procure. We are an enterprise software solution that bridges the gap in fulfillment and communication between suppliers and buyers in the Food and Beverage sector.

We partner with suppliers and independent food distributors to improve and digitize their internal processes, providing leading technology solutions tailored to their needs.

[naveen1826]

Offshore Development Centre (ODC) The Complete Guide

Offshore Development Centre (ODC) The Complete Guide:

An ODC is a development company that provides you with software development services but is located in another country. It is deemed that this type of company is a subsidiary of your main company. In comparison to the country where the holding firm is headquartered, the country where ODC is located has significantly lower living standards. The ODC model has been used by IT companies to offshore the design, development, and testing of their products. The demands of clients for products that can be deployed much faster, and the limitations of in-house resources such as cost, development time, infrastructure, and availability of specialized skills are the main reasons for companies to have an ODC. The IT company as the client will partner with an offshore provider to establish an offshore team in the country of the provider

Introduction:

Are you trying to boost your company's output, organize, and manage your operations in a quicker, more affordable, and more effective manner? Look no further—an offshore development center (ODC) could be the solution to your business's process problems. We will examine an ODC's definition, operation, and advantages in further detail in this comprehensive guide. Additionally, we will offer some advice on how to organize and lead an ODC team.

What is an Offshore Development Center (ODC)?

An offshore development center is an extended, integrated, and dedicated offshore team supporting a company located in another country. An ODC is a popular business model for different kinds of companies, including startups and enterprise companies. Various corporate processes and services, including the development and upkeep of solutions and software, project management, testing and migration, and technical or customer support, have all made use of this approach.

The term "ODC" refers to a software development business that offers you services but is based elsewhere. This kind of business is thought to be an affiliate of your primary business. Comparatively speaking, the country where ODC is based has far lower living standards than the nation where the holding company is based. The ODC model has been used by IT companies to offshore the design, development, and testing of their products. The demands of clients for products that can be deployed much faster, and the limitations of in-house resources such as cost, development time, infrastructure, and availability of specialized skills are the main reasons for companies to have an ODC. The IT company as the client will partner with an offshore provider to establish an offshore team in the country of the provider.

How is ODC Different from Outsourcing?

ODC is slightly different from software outsourcing. ODC provides services or products and is located in another country, while outsourcing is a service that offers certain services or products from a third-party company, and the geographical location might not be a critical factor. The main purpose of outsourcing is to increase productivity and focus on other important tasks while saving cost can be one of the reasons, but it is not the fundamental cause. On the other hand, ODC's primary cause is to help reduce the company's expenses by utilizing the cost difference between the two countries.

However, both ODC and outsourcing share the same interest: to get access to a large talented developers pool with lower costs for development services, which allows enterprises to save funds and speeding up the productivity in recruiting, optimizing accounting, human resources, and office budgets.

Advantages of ODC:

Forming a business partnership with an ODC provider yields a lot of benefits to your company. These are the advantages of having an ODC:  

Cost Reduction:

One of the major advantages of having an ODC is cost reduction. By establishing an offshore development center, you don't have to spend on setting up office facilities and equipment, communications and IT infrastructure, and utilities because the offshore provider has already set up the necessary infrastructure. The provider can focus on hiring the members of the offshore team so a project start-up can begin much faster compared to starting everything from scratch.

Auto scaling your IT department:

Auto scaling is the process of dynamically allocating resources to match performance requirements. The number of resources that your company needs may fluctuate according to the requirements of specific projects. There are situations when projects need a large numbers of resources, and then there are times they require few resources. When those situations happen, you might have to switch and reduce resources or tasks in your in-house team, which may involve a complicated process of resources allocation. With an ODC, the allocation of resources will be less difficult because the offshore team can absorb the roles or tasks from the in-house team.

Reliable Operations:

Leading ODC companies are efficient, lean, and reliable in their operations to attract clients in a competitive market. They have efficient evaluation and reporting procedures to be accountable and transparent with their clients. Real-time evaluation and development monitoring of the projects they are working on will be possible. If you are dissatisfied with the project's results, you can demand from the ODC to redo the project with no additional costs if your contract with them stipulates this.

Timely Delivery of Projects:

An ODC operates under optimized environments and implements streamline procedures to ensure your projects are completed on time. They strictly follow the project timelines that you set for them from planning, design, development, testing, and deployment. The seamless collaboration between the in-house team and the offshore team makes it possible for the project software lifecycle to have shorter timeframes.

Technical Support and Knowledge Retention:

ODCs offer continuous technical support during the entire lifecycle of the project as part of their customer satisfaction. Their approach to knowledge retention is preserving all the knowledge gained during a project's lifecycle. The retained knowledge can be further developed and improvised so you can use it for other projects.  

Access to the Best Skills and Technology:

The best ODCs employ highly qualified IT professionals with specialized skills in developing customized software for your targeted customers. Their offshore teams.  

Conclusion:

Offshore development centers offer a cost-effective solution for custom software development. By setting up an ODC in a country where the cost of living is lower, companies can hire highly skilled professionals at a lower cost. ODCs also offer greater flexibility in project management and access to a larger talent pool. However, setting up an offshore development center requires careful planning and consideration. Companies need to identify the right country and find a reliable vendor to set up the ODC. They also need to be prepared to overcome the challenges that come with working with an offshore team. Overall, offshore development centers are a viable solution for companies looking to develop erp software without incurring the high costs of in-house

[nizamking9274]

Transform Your Business with the Best ERP Software in Saudi Arabia

Unleash the power of WaslaSoft, the leading ERP software in Saudi Arabia. Streamline finance, HR, supply chain, and inventory management with ease. Stay ahead of the competition, reduce costs, and enhance efficiency. With customizable features and cloud-enabled capabilities, WaslaSoft is the go-to solution for businesses in Riyadh and across Saudi Arabia. Experience the transformative benefits of cutting-edge technology. Schedule a demo now and propel your business to new heights with WaslaSoft's comprehensive ERP solution.

Authored by: Nizam

[iamnauxx]

Top 10 phần mềm ERP tốt nhất hiện nay cho doanh nghiệp

Phần mềm ERP là gì?

Phần mềm ERP (Enterprise Resource Planning) là một phần mềm quản trị nguồn lực doanh nghiệp tích hợp, có khả năng tận dụng và xử lý dữ liệu lớn (Big Data), giúp quản lý và tổ chức các hoạt động kinh doanh của một tổ chức hoặc doanh nghiệp.

Mục tiêu chính của ERP là tối ưu hóa sự hiệu quả và đồng bộ hóa thông tin giữa các bộ phận khác nhau trong tổ chức, từ quản lý tài chính, quản lý nhân sự, quản lý sản xuất đến quản lý chuỗi cung ứng và quan hệ khách hàng.

Top 10 phần mềm ERP tốt nhất hiện nay dành cho doanh nghiệp

Phần mềm SAP Phần mềm ERP SAP là một trong những giải pháp quản lý doanh nghiệp hàng đầu trên thế giới. SAP ERP cung cấp một loạt các ứng dụng quản lý tích hợp để tối ưu hóa hoạt động của doanh nghiệp từ quản lý tài chính, sản xuất, tồn kho, mua hàng, cung ứng, đến quản lý dự án và khách hàng.

Ưu điểm của phần mềm SAP:

Giảm chi phí và thời gian xử lý đơn hàng

Cung cấp thông tin theo thời gian thực chính xác nhất

Phù hợp cho đặc thù của nhiều ngành công nghiệp

Tăng đầu tư tiềm năng, khách hàng tiềm năng

Quy trình quản lý hiệu quả, dễ dàng

Phần mềm ERP BRAVO 8 Phần mềm ERP BRAVO 8 là một giải pháp quản lý doanh nghiệp đa năng, được thiết kế để cung cấp các chức năng quản lý toàn diện. ERP BRAVO 8 được sử dụng rộng rãi trong lĩnh vực kế toán từ kế toán mua hàng, bán hàng, đến kế toán tài sản, CCDC, kế toán thuế và tiền lương.

Ưu điểm của phần mềm ERP BRAVO 8:

Tối ưu chạy đa nền tảng

Quy trình xử lý trình tự công việc (Workflow) trơn tru

Tuỳ biến dễ dàng theo yêu cầu

Đáp ứng việc xử lý dữ liệu lớn

Giao diện phần mềm được thiết kế phẳng, đơn giản, hiện đại

Phần mềm MISA Phần mềm MISA là một dòng sản phẩm phần mềm quản lý dành cho doanh nghiệp và cá nhân tại Việt Nam, đặc biệt trong lĩnh vực tài chính – kế toán. MISA có nhiều sự lựa chọn về kỳ hạn trả phí: trả định kỳ hoặc trả một lần với mức giá hợp lý từ 5 triệu đồng.

Ưu điểm của phần mềm MISA SME:

Tự động hoá lập báo cáo tài chính

Kết nối với ngân hàng trực tuyến

Nhận và xuất hoá đơn điện tử nhanh chóng

Quản lý nhập kho, xuất kho và tự động tính giá

Dùng thử 15 ngày miễn phí

4 Phần mềm ODOO

Phần mềm ODOO, trước đây được gọi là OpenERP, là một giải pháp quản lý doanh nghiệp mã nguồn mở và tích hợp đa năng. ODOO cung cấp nhiều ứng dụng quản lý khác nhau như tài chính, sản xuất, bán hàng, quản lý dự án, nhân sự, và nhiều lĩnh vực khác.

ODOO có sự linh hoạt và tùy biến cao, cho phép doanh nghiệp tùy chỉnh và điều chỉnh theo yêu cầu cụ thể. Điều này giúp tối ưu hóa quy trình, tăng cường hiệu suất và cung cấp thông tin phân tích dữ liệu cần thiết để hỗ trợ quyết định.

Ưu điểm của phần mềm ODOO:

Tính hữu dụng cao cho tất cả các ứng dụng

Đa dạng các lĩnh vực: Tài chính, nhân sự, bán hàng, Marketing, tồn kho, thương mại điện tử

Chi phí triển khai thấp vì là phần mềm mã nguồn mở

Giao diện đơn giản, dễ sử dụng cho doanh nghiệp không chuyên về IT

Xây dựng theo tính năng mà không cần theo trình tự

Phần mềm Microsoft Dynamics ERP

Phần mềm Microsoft Dynamics ERP là một giải pháp quản lý doanh nghiệp tích hợp được phát triển bởi Microsoft. Dynamics ERP được tối ưu hóa cho tích hợp với các dịch vụ và sản phẩm của Microsoft như Office 365 và Azure. Vì thế, doanh nghiệp đang sử dụng các phần mềm của Microsoft có thể cân nhắc sử dụng Dynamics ERP.

Ưu điểm của phần mềm Microsoft Dynamics ERP:

Kiểm soát tốt nhờ phân quyền vai trò người dùng

Cung cấp báo cáo và thông tin tài chính tức thời

Truy vết nhanh chóng các giao dịch và lịch sử thay đổi

Cung cấp nhiều tính năng, đặc biệt cho ngành Vận chuyển và Sản xuất

Khả năng tuỳ chỉnh của phần mềm linh hoạt nhưng cần sự tham gia của bộ phận IT

6. Phần mềm IDempiere

Phần mềm quản lý iDempiere là một hệ thống ERP mã nguồn mở và linh hoạt. iDempiere cung cấp các tính năng quản lý tài chính, sản xuất, tồn kho, quản lý khách hàng và nhiều khía cạnh khác của hoạt động doanh nghiệp. iDempiere cho phép tùy chỉnh và mở rộng theo nhu cầu cụ thể của từng doanh nghiệp, đồng thời giúp tiết kiệm chi phí so với việc sử dụng các phần mềm ERP thương mại.

Ưu điểm của phần mềm IDempiere:

Hỗ trợ các tính năng vượt trội cho CRM và SCM

Sử dụng trên đa nền tảng: Mac, Windows và Linux

Phần mềm miễn phí cho doanh nghiệp vừa và nhỏ

7. Phần mềm ERPNext

ERPNext là phần mềm tích hợp đa năng cho các công việc quản lý tồn kho và mua bán hàng hoá. ERPNext có thể tùy biến linh hoạt và xem thời gian thực về dữ liệu đơn hàng, phục vụ tốt cho các doanh nghiệp muốn quản trị bán hàng đa kênh.

Ưu điểm của phần mềm ERPNext:

Nguồn mở và miễn phí

Xác định và theo dõi các chỉ số hiệu suất chính nhanh chóng

Thiết kế cho doanh nghiệp vừa và nhỏ

Linh hoạt và dễ sử dụng

8. Phần mềm ERP Oracle NetSuite

Phần mềm ERP Oracle NetSuite là một giải pháp quản lý doanh nghiệp đám mây tích hợp. Phần mềm này được hơn 34.000 khách hàng trên thế giới tin dùng.

Oracle NetSuite phù hợp cho các doanh nghiệp từ quy mô nhỏ đến lớn. NetSuite còn hỗ trợ nhiều lĩnh vực khác nhau như nhân sự, tài chính, nhà kho, cung ứng, R&D,...

Ưu điểm của phần mềm Oracle NetSuite:

Hỗ trợ đa công ty, đa quốc gia

Nhiều chuẩn kế toán (IFRS và VAS)

Tích hợp sẵn CRM để theo dõi hiệu suất của chiến lược Marketing

Mô hình quản lý tiên tiến, hiện đại dành cho bán hàng đa kênh

Phù hợp với doanh nghiệp Việt: tích hợp Thương mại điện tử, POS, Ngân hàng, hoá đơn điện tử

9. Phần mềm FastWork

Phần mềm FastWork là một giải pháp quản lý doanh nghiệp đa năng được hơn 3500 doanh nghiệp tin dùng. Phần mềm này được sử dụng trong các lĩnh vực như tài chính, kế toán, quản lý khách hàng, và nhiều lĩnh vực khác.

FastWork cung cấp các gói phần mềm theo tuỳ nhu cầu của khách hàng như: OFFICE+, WORK+, HRM+, CRM+. Giao diện dễ sử dụng, thân thiện và có ngôn ngữ Tiếng Việt là những ưu điểm vượt trội của FastWork.

Ưu điểm của phần mềm FastWork:

Cung cấp nhiều gói giải pháp theo nhu cầu của doanh nghiệp

Chi phí hợp lý, phù hợp với nhiều doanh nghiệp

Có tính tổng thể cao và phù hợp để triển khai ứng dụng tại doanh nghiệp Việt Nam

Ứng dụng trí tuệ nhân tạo AI vào công tác quản trị nhân sự

Chăm sóc trọn đời, hỗ trợ sử dụng 24/7

10. Phần mềm WebERP

Phần mềm WebERP là một giải pháp quản lý doanh nghiệp mã nguồn mở được đánh giá cao. WebERP cung cấp các ứng dụng quản lý như tài chính, kế toán, quản lý tồn kho, sản xuất, quản lý dự án, và nhiều lĩnh vực khác.

Ưu điểm của phần mềm WebERP:

Truy cập được từ nhiều thiết bị và có trình đọc PDF

Phù hợp với doanh nghiệp vừa và nhỏ

Chi phí rẻ và dễ triển khai

Chức năng đơn giản, thân thiện và dễ sử dụng

>> Xem thêm: Doanh nghiệp nào nên mua phần mềm ERP? tại đây

[onewebsoft]

We customize our solutions to fit your specific needs. We aim to transform the way that you do business. We're responsive. We have the experience in web designing, mobile application development, ecommerce website development, custom software, Digital Marketing. We design Web and Mobile software that delivers best-in-class performance at affordable prices. One WebSoft

[chandrashekharkanojia]

The healthcare industry plays an important role in society by offering people access to crucial medical services. These industries face several challenges that affect the healthcare industry’s capability to deliver cost-effective and efficient care. These problems, which range from regulatory difficulties to technological improvements, can have a significant impact on how healthcare is delivered and patient outcomes.

A good ERP solution unites all of the diverse parts of a complex healthcare organisation under a single roof. Each component is meant to work in tandem with the others, giving carers unrestricted access to all data across the organisation. Data can be shared across patient, pharmacy and clinician systems, as well as back-office administrative, personnel, and financial systems, allowing for better cost tracking and resource management.

[shantitechnology]

Manufacturing ERP:  The Top 10 ERP Systems for 2024

Introduction:

In the dynamic landscape of the manufacturing industry, the right technology can make all the difference in streamlining processes and enhancing overall efficiency.  Manufacturing Enterprise Resource Planning (ERP) systems have become indispensable tools for businesses seeking to integrate various facets of their operations seamlessly.  As we step into 2024, the demand for robust ERP solutions continues to grow.  In this blog, we will explore the top 10 Manufacturing ERP systems that are poised to make a significant impact on the industry this year.

1.         SAP S/4HANA:  Pioneering Manufacturing Resource Planning System

One of the most trusted names in ERP, SAP S/4HANA stands out as a comprehensive Manufacturing Resource Planning System.  Its real-time analytics, integrated modules, and intelligent automation make it an ideal choice for businesses aiming to optimize their manufacturing processes.

2.         Oracle ERP Cloud:  Empowering Manufacturing Enterprise Resource Planning

Oracle ERP Cloud offers a scalable and flexible solution for manufacturing enterprises.  With its robust features, it caters to the diverse needs of businesses, ensuring a seamless integration of manufacturing operations.  Its cloud-based architecture provides the agility required for modern manufacturing environments.

3.         Microsoft Dynamics 365:  A Versatile ERP Solution

Microsoft Dynamics 365 is gaining prominence as a Manufacturing Enterprise Resource Planning software that offers versatility and integration capabilities.  Its user-friendly interface and interoperability with other Microsoft products make it an attractive choice for businesses, especially small enterprises.

4.         Infor CloudSuite Industrial:  Tailored Manufacturing ERP

Infor CloudSuite Industrial is designed with the unique needs of manufacturers in mind.  It provides specialized functionalities, including supply chain management and shop floor control, making it a standout choice among ERP solution providers.

5.         NetSuite ERP:  Unifying Manufacturing Operations

NetSuite ERP is recognized for its ability to unify diverse manufacturing operations into a single, cohesive system.  Its cloud-based platform allows for real-time collaboration and data accessibility, making it an efficient Manufacturing Enterprise Resource Planning Software.

6.         Epicor ERP:  Driving Growth for Small Businesses

Epicor ERP is particularly well-suited for small businesses in the manufacturing sector.  With its focus on driving growth and improving efficiency, Epicor ERP offers a cost-effective solution without compromising on essential features.

7.         IFS Applications:  Comprehensive ERP Solution

IFS Applications is a comprehensive ERP solution that covers a wide range of manufacturing processes.  Its modular structure allows businesses to tailor the system according to their specific requirements, making it a preferred choice for Manufacturing Enterprise Resource Planning.

8.         IQMS Manufacturing ERP:  Enhancing Shop Floor Control

IQMS Manufacturing ERP is distinguished by its emphasis on shop floor control and real-time monitoring.  It empowers manufacturers with tools to optimize production processes and make informed decisions, positioning it as a top choice among ERP solution providers.

9.         Acumatica Cloud ERP:  Scalability for Growing Businesses

Acumatica Cloud ERP stands out for its scalability, making it an ideal choice for growing manufacturing businesses.  With a flexible platform and advanced features, Acumatica supports businesses in adapting to changing demands and expanding their operations seamlessly.

10.      SYSPRO ERP:  Tailored for Manufacturing Success

SYSPRO ERP is tailored to meet the specific needs of manufacturing industries.  Its focus on delivering a user-friendly experience and addressing industry challenges positions it as a reliable choice for Manufacturing Enterprise Resource Planning.

Conclusion:

As manufacturing industries evolve, the importance of robust ERP systems cannot be overstated.  The top 10 ERP systems highlighted in this blog represent the cutting edge of technology, offering solutions that cater to the unique demands of the manufacturing sector.  Whether it's SAP S/4HANA's real-time analytics, Oracle ERP Cloud's scalability, or Acumatica Cloud ERP's flexibility, each system brings its own strengths to the table.

For businesses in Madhya Pradesh seeking Manufacturing Software for Small Business, these ERP solutions provide a pathway to enhanced productivity and streamlined operations.  Choosing the right Manufacturing ERP system is a critical decision that can impact a company's growth and competitiveness.  Evaluate the features, scalability, and industry focus of each system to find the perfect fit for your manufacturing enterprise.  Embrace the power of ERP in 2024 and position your business for success in the ever-evolving landscape of manufacturing technology.

[penieltech]

Customers can quickly compare your goods and services to those of your rivals because of online searches. It means that you need a solid internet marketing plan that increases conversions while simultaneously offering superior customer service for your company to develop customer loyalty. In today’s competitive business market, an efficient and productive sales department is crucial for driving revenue and growth. ERP software offers valuable solutions to enhance sales processes, improve customer relationships, and optimize sales performance. Are you looking for ways to improve your business success? Look no further than ERP software. Learn ERP Software Success.

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SAP Partners in India: Providing Businesses with SAP S/4HANA ERP Software

Businesses need reliable enterprise resource planning (ERP) systems to streamline operations, boost efficiency, and spur growth in today's fiercely competitive corporate environment. An extensive array of solutions are available from SAP, a well-known global provider of ERP software, to meet the unique demands of organizations in a wide range of sectors.

[odatasolutions]

Gainz Retail ERP : The Future of Retail Business Management

We designed Gainz Retail ERP as an easy- to-use, retail business solution for in-store and online shopping.

Gainz Retail eliminates the hassle of maintaining multiple software for: POS - E-commerce - Accounting - Timesheet & Payroll

Let's show you how Gainz Retail ERP can manage your business with a single, advanced, unified solution.

for more details visit - https://www.odata.com/

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What should I look for in an ERP solution

Everyone says that they have an ERP solution at a wide range of price points. How do I choose one for my SME

Longevity

Check if the ERP solution would meet your requirement 5 years from now when you grow say 5X, add new manufacturing locations, add different lines of business. ERPs not only need to address the growth volume of your business but need to adapt to the business process changes required as you grow.

How easy it is to use

Can your average user learn and adapt easily, this is more relevant for SME organizations trying to embrace ERPs , as they are not in a position to employ specially trained skills for ERP implementation or operations. Your cloud ERP should be intuitive to use and as simple and easy as an e-commerce website. Make sure that the user experience is simple and follows the typical standards of any web application.

A SaaS model helps

A SaaS based ERP allows you to start with very low opex costs and minimal investment. Your opex increases as your business grows and you have a more rational approach towards investment in technology.

What about open source

One major advantage of open source solutions is that there is no license cost to acquire it. Other than that, open source solutions really don't provide any additional benefits to the end customer, most of whom would like to concentrate on their business, rather than trying to change or modify the source code. Secondly since it is open source, support and feature enhancements are driven by the community and the community should be as eager as you to add a feature .

Check the total cost of ownership of open source solutions.

1.Requirement understanding costs

2.License costs

3.Hosting or cloud costs and all the licenses required to run the open source

4.Support costs

5.Cost and reliability of making changes in the solution

The connected EcoSystem

Organizations need to leverage on the connected ecosystem. Does your ERP provide open and easy connectivity to marketplaces, statutory bodies, vendor and customer systems, banks and financial intermediaries. Does it have the capability to provide APIs for easy and quick integration and implementation.

What about AI in ERP?

A number of ERP vendors have started incorporating AI in their ERP solutions, and most of them are Cloud ERP providers. It is impossible to incorporate the infrastructure required for AI on an stand alone ERP system, the costs become prohibitive. Cloud ERPs can build AI capabilities leveraging the cloud infrastructure and share the same infrastructure with all the users.

There are already a number of use cases where AI can be used in an ERP, for instance read unstructured documents / emails using AI and convert them to Sales orders, Expenses, GRN in the ERP. Flag transactions which seem irregular by nature, detect fraud or suspicious transaction, increase planning accuracy using AI, continuous auditing, realtime evaluation of your business partners and Ai driven business analytics and Insights

To conclude

Though most ERP vendors will try and match your requirement document either "out of the box" or by so called "minor" customisation, you need to look beyond the current requirements and ensure that your ERP vendor has a track record of adapting and leveraging trends in technology so that you will be able to stay ahead in the future.

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