ERP OverviewWhat is ERP?Advantages of ERP.ERP Modules & Features.How ERP System Works?How ERP Systems are implemented withincompanies?Why ERP packages now?Future of ERP packages.
What is ERP?Enterprise resource planning or ERP consists of three word—enterprise, resource and planning.But ERP combines them all together into a single,software program that runs off a single database sothat the various departments can more easily share informationand Communicate with each other. That integratedApproach can have a tremendous payback if companies installthe software correctly.
Advantages of ERPInformation integration.Design engineering.Order tracking.Maintaining supply chain with the demands.Communicating faster with all the departments of company.Ensures quicker processing of information.Helps in disposing queries immediately.Eliminates redundancy in data entry.
Sales ModuleSales Team Management & Sales Monitoring System: Sales Person Detail Info. Sales Team Generation. Sales Person Target Setting System. Sales Lead Set To Particular sales person. Sales Performance evaluation. Monthly sales person’s sales report.Sales Process Management: Day-to-Day inquiry entry. Quotation issue. Quotation revision/version maintains system. Quotation status maintains system. Example: Submission status, Pending, Successful, Unsuccessful. Work order entry.Report: Clients report. Day to Day Sales report. Day to Day inquiry report. Day to Day quotation report. Quotation status checking report. Quotation view by version. Work order report.
Purchase ModulePurchase Information System: Supplier info entry. Requisition analyzing. Request for quotation. Receive quotation. Issue purchase order to supplier based on the requisition. Final purchase entry.Purchase InformationReport: Day to Day purchase report. Requisition report by date, clients and supplier. Purchase order report. Supplier report.
Accounting ModuleAccounting Management System: Accounts receivable journal. Accounts payable journal. Accounts receivable from clients. Accounts payable to clients/supplier. Office expense type creation. Other Core Report: Office expense journal. *Cash received. Fixed asset type creation. *Cash payment. Fixed asset journal. *Office Expense report by expense type, date. Fixed asset depreciation. *Asset report. *Banking transaction report. *PDC report.Accounts Sub Module: Banking Transaction *Income statement. System *Balance sheet. Bank, branch & bank account creation in the system. *Cash book. Cheque book and all unused Cheque entry. PDC (Post dated Cheque management). Tracking cheque transaction.
HR ModuleHR & Payroll System: Employee detail profile info. Generate & manage roster duty and shift. Employee training module. Employee termination and pension module. Employee increment and promotion module. Employee recruitment process module. Manage employee information efficiently. Employee career detail, documents, academic information etc. Define the banking information, deductions, leave, tax, provident fund etc. Create individual or group salary structure and allowances. Generate pay-slip. Generate all the reports related to branch, department, and employee. Generate all the reports related to attendance/ leave, payroll and bonus etc. Duty roster. Shift generator. Manage shift.
Commercial ModuleCommercial management System: Local & Foreign Client register Book module. Average conductivity calculator. Currency converter tool. Commercial client communication system via message/email. Client’s schedule management.
Inventory ModuleInventory Management System: Warehouse creation. Item creation. Item’s price actual price fixing based on supplier’s provided list. Item’s sales price fixing including vat, tax profit calculation.Inventory Management Report: History report. Stock list report. Under stock/overstock report. Valuation report.
CRM ModuleClient Information System: Client profile. Add, Edit, Delete option for every client. Call information and date option.Client Management System: Clients categorize option. Client payment and installment management. Project handover to client. Appointment scheduling. Follow-up date calculation. Contact history. Order entry and tracking system.
Production ModuleProduction Features: Bill of materials. work orders Entry. Time scheduling production. Capacity of production. workflow management. quality control. cost management. manufacturing process. manufacturing projects. product lifecycle management.
How ERP Systems Works?A typical ERP system would use multiple componentand integrate all the components into one.ERP Provides a single database that contains all datafor the software module.
How ERP systems are implemented within companies? ERP Software Companies start analysing the various departments and identifing their individual needs. Setup of ERP systems Small companies 4-8 months For Mid-size companies 5-12 months Large Companies 6-18 months
Break-Even Point & Cost Effective Here, One part of this software cost 2 corer full SAP price is near 20 corers. Where full customized software price is 25 lakh. So, we can see the cost effectively for both software from this Graph.
Implementation Time Here, We can see from this Graph that customized ERP need 6 month & SAP needs more than 2 years. It’s testified that SAP accounting module needs to implement is much more time consuming than customized ERP.Duration of Implementation Chart
Duration of Training Here, We can see from this Graph that customized ERP apparently need more than 6 month & SAP needs more than 2 years training duration. It Has seen that to train all the module of SAP consume more time than customized ERP.Duration Training Chart
The biggest and most complex since the industrial revolution feels thenecessity of ERP. To conduct business to get it in automated way require ERP.E-Commerce businesses can’t meet the demand of consumers andbusiness partners than it requires ERP.The manual process of business is tiresome and frustrating and get rid ofit need ERP solution. Why ERP packages now?
Future of ERP packagesThe future of the ERP is very bright.ERP forms a foundation for successfully meeting your e-business needs.ERP systems have to be integrated with the Internet, WWW andtechnologies like SCM, CRM, business intelligence etc.
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