ERP Solution

Heard about the evolving innovative ERP methodology? Well, Enterprise Resource Planning or ERP is an organization’s management system that uses an integrated software application to manage the business. ERP solution easily automates and processes data both within and outside an organization that including all facets like financing, accounting, sales, marketing, inventory control, distribution, planning, manufacturing, human resources and other operating units. This streamlines work processes in a standardized manner to increase productivity. Implementation of ERP solution thus increases productivity by reducing operational expenses, improved data flow and optimal performance management. The basic goal is to provide a single store storehouse for all information in order to smooth the flow of data across the organization. ERP service comes in many forms that include supply chain management, hospital management, education management, warehouse management, retail management and many more. Let’s have a look at some of the ERP modules:

  • ERP Finance Module

    The financial module is the core of many ERP software systems. All kind of organizations- small scale, large scale, benefit from the implementation of ERP finance module. It can collect financial reports such as General Ledger, Balance Sheet, Accounts Payable, Accounts Receivable, Trial Balance, Inter-company Transactions, Transaction Analysis and financial statements.

  • ERP solution for banking sector

    Banking is a full set of financial and managerial modules. It assists in managing and controlling all functions to track process like selling, purchasing, mortgaging, transactions. It allows updating and following up of all information. Banking ERP covers comprehensive and integrated modules like Fixed Assets Module, Shareholders Module, Personnel Module, Payroll Module, and Shares Subscription Management System.

  • Retail ERP

    ERP solutions are heavily used by retail chains and have readily become the competitive tool for most large retail organizations. The series of retail ERP applications are designed to facilitate the administration and development of business processes. ERP software allows interaction and consistent data sharing between different departments through a single database. ERP systems comprise of function-specific elements like Selling, Purchasing, Accounts Payable, Accounts Receivable, Distribution, etc.

  • ERP solution for Educational sector

    ERP software has become a primary requirement for schools and educational institutes. Maintaining detailed and updated record of students and staffs is handled efficiently and distinctively. Educational ERP, being an automated system keep records of students like address, date of birth, monthly progress, assignment reports, fees, etc. Fees collection is a tiresome and tedious task for the accountant as he has to keep a track of fees collected from hundreds of students. ERP module focuses and engages in effective delivery and handling of detailed reports.

  • Healthcare ERP

    ERP packages have been the ultimate solution to healthcare sector. It is necessary for hospitals to communicate internally because it is vital to pass the information of patients quickly and reliably. Hospitals focus on improving the quality of healthcare and operational efficiency. To adopt best practices for better patient care while reducing operational costs and maximizing profits, it is essential to improve the competency of functional business process across patient relationship management, inventory management, human resources, finance, supply chain management and billing.