ERP or Enterprise Resource Planningis an application to integrate the data and processes of an organisation into asingle system. As the owner of a business may have wondered many times,as to, what is going on in various processes, departments or offices of yourcompany and you would have wished for some ‘magical gizmo’ that could give youan insight into the work being done. Now, you have it by the name of ERP. It isan integrated system that streamlines different processes and workflows toeasily share data across various departments in an organisation. It improvesefficiency and productivity levels and puts you into a better position to trackthe various activities. It lowers costs and enhances customer service.Moreover, it can be customised as per your requirement.
“An ERP finds its use when themanagement of a company is not able to monitor volumes. It is aninterdepartmental connectivity tool that provides the benefit of ‘compiledreporting’ of various departments, smooth workflow and MIS (managementinformation system)” states Mr Rajesh Handa, Director, Exainfotech Pvt. Ltd, anERP developing company for small and medium enterprises.
Though, penetration of the ERP hasbeen low in the small and medium level enterprises due to ignorance, complexityinvolved with respect to implementation and customisation and high costs butonce implemented, it is value for money!
What good can an ERP do to yourbusiness?
- Visibility into all areas of the company- “After implementing an ERP, we get consolidated daily reports of inventory and other departments” avers Mr. Saurabh Singh, IT Head, Anand NVH Products Pvt. Ltd. By having an ERP at your place, you can have a visibility of different functional areas of your company. “Through an ERP, a company can have a check on its resources” adds Handa.
- Quality management for enhanced productivity- Productivity will increase if the management of the company is done effectively. An ERP helps you do that.
- Provides transparency and makes data available across various functions- An ERP gives accurate information at the right time to the right people for effective decision making. It provides you with a single access point for all data of the company. “ERP helps in getting compiled reports and ensures smooth workflow” maintains Handa.
- Helps to reduce operating costs and enhances efficiencies- ERP helps to improve co-ordination and increases the efficiency by reducing the operating costs like inventory, supply chain, production, marketing and help desk support costs.
- Planning for future- Through an ERP, you can analyse your current situation and plan strategically for future.
ERP vendors catering to SMEs:
There are various small and mediumenterprises (SMEs) that use customised solutions as they are less costly andcan be tailored according to the requirements of the company. Leading providersof ERP, SAP is making its presence stronger in the small and medium enterpriseswith its solution called BusinessOne. Some of its customers in the SME spaceinclude Bharathia Industries, Bharati Enterprises, Sudarshan Chemicals, TataJewels and Balsara. There are other big players also that provide solutionslike Microsoft Dynamics NAV, Microsoft Dynamics GP, NetERP, Oracle, Compiereand The Intuitive Enterprise Solution for small and medium level businesses.
Prominent ERP vendors for SMEs are:-
- Vishesh Infotech: Offers Business Soft a distribution and finance package, and Business Pro, which is meant for companies operating in the manufacturing segment.
- Eastern Software Systems (ESS): Their product, ‘ebizframe’ based on Oracle technology is built specially for small and medium businesses.
- Exainfotech Pvt. Ltd. also provides ERP for small and medium level businesses.
- Impact ERP software solution India- provides ERP for manufacturer or traders from small businesses to mid size enterprises.
- Sofgen computer consultants Pvt. Ltd. provides customised ERP solutions to various private and public sectors.
- Mind Infotech’s product, eMPro is specially built for the process industry.
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