Top 4 key strategies for eCommerce and Retail industry to implement post Covid 19

 “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.”

– Charles Darwin

The survival of businesses has become the top priority after the economic slump created by the pandemic. Affected services may take some time to get back to the normal cycle of business even after the lockdown period is over and so, however, it is evident that the graph will rise once people are back to their daily routines, not being restricted to stay home anymore. And to strategize around such possible behaviour of consumers becomes highly important.

It is a common looming question in every entrepreneurs mind now to  look for answers on how to proceed once the lockdown is over and we at Expand smERP have incessantly been monitoring the situation, taking updates on all new establishments, figuring out ways by which SMEs, brands and e-commerce retailers can cope up with the effects.

Expand smERP – the best fit ERP company in India will help you with strategic technology and tools with which you can reset your business afresh.

With the following top 4 strategies you can plan out a road map to a sound future of your retail business.

1. Complete digitisation for Supply Chain Operations

Complete automation of supply chain operations has always been a top priority for most businesses to speed up processes and reach exponential growth, but now it has turned into a necessity.

The most important aspect of getting eCommerce businesses back on track will be strengthening of your inventory, warehouse and logistics processes. Automation of warehouse operations and real-time updates of the delivery progress helps companies focus on rapid actions ensuring there are no cases of out-of-stock items or delayed deliveries. Expand ERP WMS keeps a track of your inventory even when your business is stopped and gives you real-time data.

Constant checks on stock-keeping units, SKUs, maintenance and uninterrupted order processing are all positive aspects of onboarding automation. Delivery of items, all the way to the last mile can be done by implementing specific logistics guidelines, which include technological driven support such as live updates and efficient tracking of products, delivery through drones managed by a team sitting remotely at various locations and turning inventory systems digital.

As ‘contactless deliveries’ have become an essential  trend to ensure the safety of both employees and customers, enabling doorstep deliveries will ensure a happy customer experience along with loyalty attached to the brand.  This could be achieved by integrating with high-end logistics partners that ensure efficient management of orders and deliveries will prove beneficial. Expand smERP – India’s best ERP company has integrated with third party logistics like Blue dart and Shiprocket for your easy and convenient deliveries.

2. Shift to Omnichannel Commerce 

Multi channel retail,although new to the Indian market, has now gained traction and continues to be adopted by major brands and businesses. The lockdown phase could not have made a better case for this method to be implemented as increased demand for essential goods and services can be Pre lockdown, the eCommerce volumes in India have seen a 51% increase in the overall consumption, making it the highest amongst other countries around the globe in terms of online shopping. A smartphone in every hand, with hundreds of platforms to buy from, all contributed to this huge flow of demand and consumer growth was seen throughout this time making it more critical for businesses to practice omni channel presence to ensure a consistent approach to manage orders, inventory and retail stores post the lockdown period.

The brands that implement omni channel sales have not only seen an increase in sales, but ensure that the hyperlocal delivery model enables enhanced customer experience leading to increase in brand loyalty.

3. Diversifying Supply Sources 

Owing to the lockdown, there has been a huge gap in product sale and services which has caused overstocking  in warehouses and manufacturing plants and these stocks need first attention as soon as operations go back to normalcy.  To control  having dead stocks it is viable to prioritize stocks as per their date of expiration which will help in a regular order processing cycle.Items which have shelf life need to be disposed earlier with urgency to avoid wastage.

Apart from that, the drawback of having only a single source for supplies has resulted in stock outs for the demanded services as well, and so focusing on finding multiple sources of supply will enable you to handle situations like these in a better way in the future. 

However, consumer’s demands will increase gradually and once that happens you will need to be ready and updated with all your stocks to avoid any further delays. Thus, it is imperative that the warehouse management solution that you implement should provide technologically advanced features such as Batching, FIFO and Cycle Count to ensure that your warehouse operations will run smoothly and restrict any more interruptions in your business. Expand smERP software provides such facilities through the ERP system and ensures hasslefree warehouse management.

4. Increase your Customer Service Management 

In current times there is nothing left to be unique other than personalization. Each and every customer needs to feel that they are important and can reach out to your business with all their issues. Customer care support has been a part of organizations for long but the change in dynamics caused by social distancing and people being stuck up in their homes, the burden increases as customers would have a lot of time in their hands to register their concerns, and your lack of connection can prove futile. Thus, a friendly customer relation is crucial to maintain old as well as new potential customers.

Brands need to incorporate strategies that will help them create a strong social presence and focus on developing products and services based on consumer requirements. The customer care systems will have to incorporate a deep and highly integrated backend system and this will be possible by introducing ERPs/CRMs that are deeply integrated with order and warehouse management systems to ensure real-time communication with consumers and drive focus to what services are highly required from your end to the consumer. These practices will not only save your business but help it venture into better business opportunities.

Restoring to normalcy  will surely take time, but with the right tools and solutions by your side and a well-planned strategy plan to lead entire supply chain operations, it will surely help you build up steadily.

Expand smERP  – India’s best-fit ERP software for mid-sized manufacturers in the export and retail industry  has constantly supported all  MSMEs  to focus on restoration while being the one-stop technology solution for all daily business operational requirements. We have completed 15 glorious years in building trust and faith in our patrons. We have successfully partnered with many businesses in Kolkata, Delhi, Bangalore, Mumbai, Jaipur and in other cities. We will maintain our goal to spread the latest trend in technology to as many organisations we can reach out to. Our team will focus relentlessly to spread awareness and touch the lives of business owners and help them reach their goals. If your goal as an entrepreneur is to achieve great  heights for your company, Expand smERP Cloud based software is your ultimate route to the peak. Please leave a comment below for more enquiries and information.

To book a demo call 9007026542

Scale up your eCommerce business with Top 5 essential tools and technologies

“Amazing things will happen when you listen to the consumer!”

– Jonathan Midenhall, CMO, Airbnb

A consumer is the most important visitor on your premises. He is the purpose of it all and the reason behind your services. He is doing you a favour by giving an opportunity to offer your services. Thus, goodwill works as the best advertisement of your company. Further, whoever understands the customer needs the most, wins.

As the Covid 19  outbreak has enforced consumers to rely on the services of online platforms to fulfil needs and demands, there has been a steep slope of changing consumer behaviour towards purchasing goods right from their homes and this trend is sure to continue further onwards as the world is now adapting to new practises of strong hygiene and lesser unnecessary outings to the malls and markets.

Owing to this, eCommerce businesses can expect a huge surge in demands, customer queries and expectations of faster deliveries. However, restrictions imposed by the lockdown resulted in severe on ground disruptions for logistics services, along with the migration of many labourers back to their hometown forcing the e-commerce players to revisit their operations and reduce dependence on manual tasks.

For all ecommerce businesses it is important to overcome such challenges and adhere to technologies and tools to ensure hasslefree and quick deliveries.There are several tools available in the market for you to pick what’s best suited for your business operations. Expand ERP software – India’s best cloud ERP software has selected top 5 ecommerce tools integrated with the best fit ERP for your ease. This will increase profitability and productivity and ensure a better future for your ecommerce business.

Before that I want to clarify the reasons to believe why you need to incorporate the use of such tools.

• To sell smarter
• Save time and effort
• Manage orders from multiple locations from a centralised dashboard
• Optimise user experience
• Use retail data to scale operations 

Tools and technologies to scale up your Retail business:

Shopify

Shopify is a leading eCommerce platform with 1M+ brands and businesses across 175 countries running their eCommerce store-fronts on it.

It enables retailers to move their business online to focus on their online growth. 

With plug-and-play themes to choose from, the platform enables businesses in developing store designs, management of products and collections, enablement of marketing campaigns, etc.

Businesses can easily automate manual tasks such as order processing, marketing campaigns, analytics and reporting, customer communication and launch any new feature or integration with third-parties as well. 

With Shopify, your business can incur low development and resource costs along with zero maintenance costs all of which can help scale up profits, proving for this platform to be a topmost technology to onboard in your business.

Shiprocket

Shiprocket is India’s leading eCommerce logistics partner, serving 40,000 active Direct to Consumer sellers with its lowest shipping costs, widest pin code reach and dedicated customer service. Providing bulk shipping rates with no minimum order requirements.

The company optimizes existing logistics infrastructure using data and AI to offer seamless shipping solutions for every online seller. Shiprocket is partnered with as many as 17 expert courier partners enabling sellers to ship products across 26,000+ pin codes in India and to over 220 countries globally.

With Shiprocket’s Logistics Aggregator Model, Courier Recommendation Engine (CORE), Shipping Rate Calculator and more such services sellers get to choose the right courier partners for each shipment, cost efficiency for the given pickup and delivery pin codes and transparency about the relevant shipping costs for their delivery areas.

Shiprocket provides better coordination with the buyers according to their shipping requirements and ensures a higher chance of delivery by optimizing cost per shipments making it a highly recommended tool for workflow automation for Small and Medium Enterprises (SMEs).

Magento 

Magento is an ecommerce platform created to build your business.It was acquired by Adobe in 2018. Magento empowers thousands of retailers and brands with the best eCommerce platforms and flexible cloud solutions to rapidly innovate and grow.

Expand smERP software uses the community-based Magento product for our ecommerce clients. Magento’s ability to scale allows shops with only a few products and simple needs to easily expand to tens of thousands of products and complex custom behavior without changing platforms. It offers a variety of plug in and themes which can easily enhance a customer’s experience. There are a lot of aspects to the online store which need to be configured, and how well that is accomplished is often dependent on business acumen. When it comes to custom functionality, however, that is where more complex programming is required. Magento is designed to be utilized as an application by someone who isn’t a developer. The Magento community is extremely large and very helpful. However, at some point the average person is going to hit a wall.

There are a number of reasons why developers are called upon to adjust a Magento website. It is a very robust system even at its most basic. Once you begin to integrate with other systems, or introduce tens of thousands of products, businesses often need the assistance of experienced developers.

Paytm

Paytm is a payment gateway that provides payment services to merchants and allows consumers to make seamless mobile payments from cards, bank accounts, and digital credit among others. The company maintains an open culture where everyone is a hands-on contributor and feels comfortable sharing ideas and opinions.

Founded in 2010, Paytm is owned by one of India’s mobile-internet firms, One97 Communications. Its investors include SoftBank, SAIF Partners, Alibaba Group, and Ant Financial.

Paytm is India’s largest payments company that offers multi-source and multi destination payment solutions. It offers comprehensive payment solutions to over 8 million merchants and allows consumers to make payments from any bank account to any bank account at 0% fee.

Owned by India’s largest mobile-internet firm One97 Communications, Paytm was founded by Vijay Shekhar Sharma and is headquartered in the National Capital Region, India. Its investors include SoftBank, SAIF Partners, Alibaba Group and Ant Financial.

Expand smERP has Paytm integrated in the system for your easy payments and receivables to enhance cash in flow and quick service to consumers. Several users are widely using this tool through their ERP and enjoying the quick response and service.

Blue Dart

Blue Dart Express, is an Indian logistics Company providing courier delivery services. It is headquartered in Mumbai, Maharashtra. It has a subsidiary cargo airline, Blue Dart aviation that operates in South Asian countries. In 2002, Blue Dart had an alliance with DHL Express and on 8 November 2004, DHL Express invested huge money in it, and since then has been a major shareholder in the company.

Expand smERP understands customer needs and believes in quick and efficient deliveries. With Blue dart integrated in your best fit ERP your consumers will receive the products on time and with ease. Secured and  Hasslefree logistics enhances ecommerce business the most.

Expand smERP software is India’s best-fit cloud ERP software for mid sized manufacturers retail businesses.

A one-stop solution for all eCommerce needs, the platform provides integration or has partnership across all domains of the eCommerce ecosystem. The solutions are designed to benefit eCommerce businesses by enabling sustainable operations that result in growth, cost efficiency, and an overall increase in productivity.

Expand smERP enables processes such as multi channel order, inventory and returns management, advanced warehouse management, dropship fulfilment solution, omnichannel selling across online marketplaces, website platforms, offline stores and much more.

Thus, these tools will surely counter all obstacles in scaling up your ecommerce business. Team Expand ensures to support your business even when the crisis time is taking a toll on your growth and productivity. We value your aspirations and understand your needs at this hour. 

For more enquiries call us at 9007026542

Know how the use of QR Codes accelerates Marketing of your business

We are all aware of the nuances of technology by each passing day. With every innovation, technology has proven its indispensability to mankind. Well, man invents technology to solve everyday challenges faced by people. For example, the robot vacuum cleaner has gained huge demand during this lockdown period when all the houses had to function without housemaids. With a click on your mobile app and charge in the robot, your house gets cleaned in no time. Who would have thought that such inventions in technology would have actually been used widely?

Similarly, QR or Quick Response codes are starting to pick up popularity among the growing smartphone-browsing crowd – a statistic that has marketers brimming with creative ideas and promotions.  A QR code consists of a number of black squares and dots which represent certain pieces of information. When your Smartphone scans this code, it translates that information into something that can be easily understood by humans.QR Codes are basically square boxes made up of pixels that hold and convey information. Whereas Barcodes can only be read horizontally, QR Codes can be read both horizontally and vertically, which is why anyone with a smartphone can scan them. Although QR Codes were originally intended to modernize inventory management systems, nowadays they have a much wider range of applications. Their unique technology enables them to have large data capacity, high damage tolerance, and many flexible solutions that are highly useful for mobile payments, in business and marketing, and for any type of digital information transfer.

Yet, no one wants to open their device to a glut of text messages and alerts from codes they’ve scanned. Fortunately, companies using these codes have found innovative and unique ways to not only get you to scan their code, but boost their brand awareness in the process. 

Who are the users?

Almost half of the smartphone users have used their phones while shopping in brick-and-mortar stores – 40% of them to compare prices. Statistics for who’s scanning QR codes and with what device appear to be mixed, although most data places iPhone users at the top, with the user age range being 25-34.  Japan and the U.S. are currently far ahead of other countries in QR code scans (around 60% approximately) – with Canada and the U.K. trailing dozens of percentage points behind.

The scattered black and white boxes nowadays seen at the bottom of most newspaper advertisements is QR Code, a type of barcode that can be scanned by smartphones. The QR application on the smart phone immediately opens up a related website or shopping cart or product and services linked to that barcode. By far, the most were used to lead users to a web address, but they can also store vCard details, Google Maps information and even Youtube video links.

This has created immense opportunity in the world of advertising and customer focus experience. This technology as of now is limited to mobiles and effective for mobile campaigns. Users scanning the code with their mobiles can be rewarded with discounts, offers, recharge and other information through the advertiser’s website. The user can now get more information by getting navigated from a tangible newspaper advertisement to a virtual experience so conveniently by a click and scan and giving the advertiser exclusive interaction moments.

Creative Ads for Apps

Two captivating ads, for Instragram and Angry Birds, both created by U.K. Ad Agency “Made by Stupid” are important to mention here. Both QR codes take you directly to download the app, and are a great showcase for both ad creativity and self-explanatory promotion of the apps themselves:

How to work with QR Codes

So how can you take advantage of this growing trend for your business?  Keep in mind that much more than web addresses can be scanned. For example, you could: 

Direct employers to your resume, your LinkedIn profile or your Vcard

Use a QR code in a direct mail piece, business card or postcard to provide a discount

Give customers an inside look at your new Facebook promotion

Take them to a page with more detailed information that wouldn’t easily fit in a print ad

Use them to deliver step-by-step instructional videos or a printable setup sheet

Have the QR code send a tweet when scanned

Let them enroll in an event such as a webinar or teleseminar

Use the QR code to let customers send themselves a reminder via SMS

Link them to a special “Exclusive” YouTube video.

Importance post Covid

After the impact of the pandemic, it has now become more important than ever before to find ways to generate online revenue. Physically-located and service-based businesses must be creative to find ways to digitize their processes and keep engaging with customers. You can continue making sales online with QR Codes.

Globally, businesses have begun turning to the only option available to generate revenue –  online. Although the majority of businesses have experienced some financial losses,, the e-commerce industry has an advantage over physically located businesses, because they are already designed to generate online revenue and also offer options like home delivery, which has skyrocketed. For other businesses, the process is not so simple, especially if you have no online processes set up previously. Nonetheless, the current situation has become a motivator for all types of businesses to find methods for generating online revenue in order to stay in operation. This includes promoting online shopping platforms, online courses, webinars, online events, video tutorials, and much more.

In order to generate online revenue, you need digital tools to do so. QR Codes fit perfectly with all digital marketing tactics because, in addition to the QR Code image, QR Codes are also connected to a short URL. This short URL creates a neat and speedy version of all your content that then directs users to a customizable display page that showcases things like images or videos. On this page, you can include a CTA (call to action) button that encourages users to view a landing page and make a purchase.

There are two ways that businesses can use QR Codes to generate revenue. Firstly, you can use QR Codes on digital platforms like social media, email marketing, or landing pages. Secondly,  the most relevant for physical businesses, you can use QR Codes to connect print advertisements and other print materials to online content.

Easy and safe for customers to use

The driving force behind QR Codes popularity during the pandemic is that they enable contactless mobile payments and information transfers. QR Codes can also be scanned from very far distances.

Online Shopping

QR Codes are the perfect way to promote mobile shopping channels, because they create mobile-optimized content. If businesses take the opportunity to set this up now, they will continue to reap the rewards even after the coronavirus is over.

The pandemic has undoubtedly left large financial scars on many companies across the globe. But it’s also now become a large accelerator to undergo a digital business transformation. One such way that businesses are making this transformation is by integrating QR Code technology into their marketing, sales, and payment infrastructures.

Expand smERP software – India’s best-fit ERP software for manufacturers in export and retail industry, provides QR Codes and Code scanners to track your inventory efficiently. Warehouse management in the Retail and Export business can be a huge challenge if not executed efficiently. With the coding system of Expand smERP software you can manage your inventory hasslefree with ease. 

It is time you too avail the best in class technology and implement Expand smERP software and take your business to the next level. Expand smERP software offers a cloud based ERP software that perfectly fits into your business unique needs. Our ERP system supports QR code reading and printing on documents and our WMS (Warehouse Management System) also has QR and Barcode integrated. This helps in accelerating business growth and achieving desired goals in less time.

With a precise analysis of your business our Biztech experts will provide insights on how to proceed with the implementation of Expand ERP for optimal ROI. 

To book a demo call 9007026542

Top 7 features of a best fit ERP company in India

From the widespread adoption of social media to the evolution of mobile apps and cloud computing, the enterprise technology (IT) landscape particularly the enterprise software (ERP) ecosystem has witnessed an exponential growth and technological advancements in the last couple of decades.

ERP systems have been there since the 1980s in India. Primarily only large scale businesses used ERP systems for managing accounts and finance. The systems then were complex and expensive. 1990s was all about inter-functional ERP software integrations. These ERP systems seamlessly integrated accounting, distribution, inventory, logistics and other daily business operations. In the 21st century, ERP systems added several other essential integrations like CRM, HR , SCM. Business analytics and reports etc. Today, the best ERP systems in India are completely well equipped with built-in intelligent automation capabilities, integrated security functionalities, faster updates, cloud based platform, mobile friendly, data-driven and modular offering unmatched flexibility.

An ERP system brings all your business operations together, without which, departments would function on their own individual systems. While this may cater for the day-to-day departmental tasks and processes, in practice, it often leads to departments working in silos. This becomes very inefficient as organisations have to employ additional manual resources to extract and import data from one system to another in order to produce meaningful company-wide reports in which to make better business decisions.Implementing a software from the best fit ERP company in India can also help you to identify inefficiencies within your business by rethinking current practices and processes. Expand smERP is India’s best-fit ERP software for mid sized manufacturers in export and retail industry. Our dedicated team, ensures you constant support throughout  the deployment process.

Some decisions hold primary importance in deciding the eventual fate of a business. Implementing the best ERP software is surely one of them. There are a multitude of benefits to be reaped through the implementation of an ERP software for your business. However, it is assured that the benefits conferred upon a business by a suitable ERP system are huge and outweigh the expenditure and effort any day. One should always ensure before you finally go for one. Their importance in business processes are:

1. Save Financial Resources- Though ERP systems may seem to be hefty on the pocket, in the long term they do in fact help to save your organization’s money. An ERP integrates the diverse fragmented systems that are present in organizations. Through this cost-efficiency is achieved and the business process is in a far better shape. The need for users to be trained on different systems for different purposes is eliminated thus saving you both time as well as money.

2. Collaboration is enhanced– ERP companies in India across the spectrum offer the functionality of sharing editing data. They also serve to make the data more secure and restrict access according to the need at hand. You do not have to be concerned about the accuracy and completeness of data as all of it is compiled, shared, stored and accessed through the same piece of software.

3. Enhanced Analytics- Through the use of the correct ERP software generating reports may be generated promptly and with ease. These reports may contain a wide range of data like expense statements, income statements and custom reports which have their basis on trends and metrics. Such reports facilitate the process of quick and effective decision making. With the perfect fitment test, you will be able to match your needs with the best-fit ERP company in India. (attach fitment test)

4. Enhances productivity- In the absence of an ERP system you and your staff members experience redundant operations and wastage of precious time and manpower in manually conducting repetitive tasks. These at the end of the day have the potential of negatively affecting the bottom line. ERP systems eliminate the wastage of time making your business more productive, efficient and profitable.

5. Satisfied Customers – Some ERP softwares come bundled with CRM which help to have happy and satisfied customers. The right combination of ERP softwares and CRMs help in conducting a variety of tasks related to Leads Management. They facilitate the generation of leads and help to acquire better customers. Better customer service leads to long term customers.

6. Compliance with rules and regulations – Compliance with statutory law and relevant regulation is really a major pain for most business organizations. When you are able to successfully complete an ERP implementation you get the advantage of being able to comply with norms with comparative ease through data and reports.

7. Better management of production and inventory- In the situation that your business makes use of an inventory or produces something, an ERP software helps to manage these aspects. It results in making optimum use of efforts and takes out the guesswork from your work.

Satya Nadella, CEO Microsoft, rightly says, “If you don’t jump on the new, you don’t survive.”

Team Expand strives each day to build an acumen in innovations in technology. Expand sm ERP – India’s best-fit cloud ERP software is completely geared to manage your organisation online with ease and make it future-ready. Embrace Expand smERP software solutions for a time-tested, homegrown, comprehensible, best fit,  cost-effective and robust business automation software. 

To know more call 9007026542

Know how 5 best practices helps you manage multiple companies with a best fit ERP software

“Every success story is a tale of constant adaptation, revision and change.” -- Richard Branson

Growth is good news. However, managing it efficiently can be a nightmare. Scaling up your organisation can be an administrative challenge. 

Most organisations find themselves stretched between multiple databases, simply implementing what worked initially across their new locations. Information often ends up scattered across different databases, and reports have to be sorted together from various sources. This takes unnecessary time to compile and results in several human errors.

Managing a company is complex. It only multiplies with each new sub company added to the list especially when it comes to accounting, reporting and managing resources.

What your team will need is access to reliable reporting and analysis that will give a clear overview of progress happening.

The following 5 practices can help manage multiple companies from a centralised system as and when you scale.

1. Consistent labelling across all databases- Synchronizing your master records across all your companies is essential when it comes to making sure that Vendor IDs and Vendor Names always match. Before entering data into your Expand smERP software system, ensure all  the conventions for labelling vendors, as well as other important information. Consider those conventions when feeding in data. A simple step like this saves time and ensures consistency across all your database,  making it easier to gather the information when needed without any complications. For example, one vendor with two separate IDs, or with two slightly different names, means reports may include only selective information when needed.

2. Extra attention to security – Unlike many companies who apply the same security system across all databases, manage your  multiple companies with a whole broader security concern. Never be complacent when it comes to sensitive information instead ensure special protection.  Take time when setting up your system to go through the permissions and ensure you’re happy with each user’s level of access. Restriction of permissions, limiting employees to the information they need to perform their duties will add to neat filtering of access to information and data. This will involve better management of the multiple companies.

3. Accounts charts need to be in sync – It is better to decide which accounts to use for which kinds of data, and ensure your team follows the same chart of accounts when entering data. Accounts must be consistent across all your companies to be effective. If accounts match, it prevents cross-company confusion and inaccurate reporting. Consistency is very crucial to match revenues across multiple companies.

4. Create a systematic protocol to manage multiple companies – Rather than running multiple databases, use a Multi-Entity Management module integrated on your ERP software to:

  a. Run all your companies from a single database, saving your time and money.

  b. Reduce duplicate entries and consolidate your data into a single set of master records

 c. Strengthen security, share data between companies while still restricting access, making reports and companies invisible where necessary.

   d. Use the same chart of accounts for each company separately.

5. Use a tool in your ERP software that pulls both individual and consolidated reports – Using a reporting tool of your ERP software will make pulling individual companies and consolidated reports possible. You may need to train a member of your team as the manager to manage your reports. Either way, a good reporting tool will give your company the ability to get an accurate picture of accounts across all companies without having to filter multiple databases for the information required.

A best-fit ERP software will solve most of your challenges with integrated modules for Leads, HR, CRM, Accounts and Finance, Production, Warehouse and Inventory, third party e-commerce, personal market place etc.

Expand smERP is India’s best fit ERP cloud software for midsized manufacturers in export and retail industry. It is the best ERP software company in Kolkata with headquarters in Bangalore. Expand smERP has empowered several organisations for over 15 years. It is a home grown software for the Indian business. It is designed to fit into your company’s unique needs. 

It has all the integrations like Leads Management, Warehouse Management, HR and Payroll, Accounts, eCommerce, Shipping, market place and various others to suit your special needs. 

Expand smERP Software is a solution for managing your company/companies completely online. We also provide hasslefree online implementation within 28 days and constant training and support post implementation. 

If you are still unsure of how to manage your multiple companies with a centralised system, book a demo with us to show you the way to scale your organisation. We hope this article brings some value to your worries. 

For more information call 9007026542.

Know how Automating Export documentation can save significant time and resources

Business automation has become a must-have for any organisation that wants to be future-ready. The future is technology. Automation is the only respite for achieving desired goals within the timeline for any company. Export industry is a notch ahead of any other industry. Dealing with overseas clients with different languages and cultures, rules and regulations, currency and conversions etc involves a lot of brain racking work. Export documentations is the most difficult task to sort so that no legalities are missed which can end up the company owner behind bars. A best-fit ERP cloud software can solve most of these challenges faced by an export company. Expand smERP is India’s best-fit ERP solution for manufacturers in the Export industry. It is the best ERP company in Kolkata with Headquarters in Bangalore.

Every export taking place in the company goes through defined steps of documentation like invoice, packing list, bill of exchange, shipping bill etc. Whether you are in an exporting business or someone who uses exporting services, you know that there can be a lot of paperwork involved. There is a lot of paperwork that can often seem endless and repetitive.

Instead of performing repeatedly the same tasks, it should be a simple set of few button clicks automating Export documentation to complete. Here we have taken the example of export documentation but in business no matter how simple or complex a task, if it is repetitive then it should be automated to save time and eliminate the possibility of error. For example every invoice generated should be emailed to the customer; every dispatch should be emailed to the customer and a group of seniors. These are examples of simple tasks but there are numerous possibilities of errors. Even if it is done without error it is highly possible that every email is in a different format. Such automation involves time and money but once done properly, it has huge advantages like Performance and Efficiency, Consistency and error free (Same standard professional output and no errors no corrections), Easy for anyone to learn and get going.

– Exporters have reduced rework due to errors by 75%. Man hours spent for documentation have reduced by 60% and output is now more professional and reliable with EXPAND smERP for exporters.

Counter Export challenges with Expand smERP software – best ERP company in Kolkata :

Export houses depend on effective export control processes throughout their supply chain. The legal ramifications of violating export laws can be a huge challenge. Freight forwarder, customs broker, sea vessels crew, warehouse management all these can be simply managed by single export business software. To supply the highly competitive order shipments, freight exceeds in volumes of sales and profits, you need an ERP.

3 Reasons why Exporters need a best fit ERP software

1. Financial reporting accuracy – all invoicing and purchase orders can be consolidated and kept track of through erp.

2. Enhances speed and agility – ability to respond faster to customer needs and deliver service promptly.

3. Details of shipment – and ERP scheduling application is crucial for optimising work hours and properly utilising resources. This will allow tracking of order details anytime, anywhere.

Every export company should own 2 things:

1. An export compliance program.

2. Export documentation software that standardises the export paperwork.

Export documentation is required for goods leaving one country for another to ensure a variety of things.

1. Ensure proper taxation and dues are accounted for

2. Ensuring products don’t land in the hands of people banned from receiving goods

3. Ensure public and environment safety

Export documentation keeps those who export within the bounds of export compliance.

Common compliance issues are:

. Consistent problems with errors or omissions on documentation 

. Not obtaining specific approvals or licenses for special items (guns/weapons, medications, animals, plants, etc.)

. Shipping goods to restricted destinations 

. Shipping goods to a person or business already on the restricted parties or denied persons list

EXPORT REQUIREMENTS AND REGULATIONS

Requirements and regulations can vary by country. These can be set by the Indian government or the destination country for a multitude of reasons. It’s up to the exporter to ensure that all requirements and regulations are followed prior to shipment to make sure all documentation is in order.

Common documents include a Commercial Invoice, Packing List, Certificate of Origin, and Shipper’s Letter of Instruction to the Freight Forwarder. There could also be product-specific or country-specific documents.

One of the features within Expand ERP is the Requirements Guide. As a user, this is your manual to navigate through creating and managing export documents to ensure compliance between India and the destination country.

Restricted Parties denied screening:

If you’re exporting, you need to know who you’re shipping to and make sure that they aren’t on a government list somewhere that says they aren’t allowed to receive goods for one reason or another.

Reasons can vary, but the ultimate result is to comply and not provide them with goods because of any restrictions they may be under.

Benefits of Expand ERP – the best-fit ERP company in Kolkata for Export industry:

Timely export order entries into the system has allowed companies to plan out their production or procurement activities well in advance.

Single system for everything export – documentation, post shipment and financial accounting. Companies do not have to manage separate spreadsheets for various activities

Flexibility to validate accounting entries with exchange rate present in the Shipping Bill have ensured company accountants to book the exact value of export sales

Auto-computation of fluctuation due to difference in exchange rate’, has reduced significant amounts of time spent on manually calculating the exchange rate and entering it into the system.

Tracking of the various export incentives with their values has also become easier since they are being entered as additional information in the shipping bills section.

Packing credit availed and it’s utilisation along with balances and interest has become easier to track as they are being tagged with the realisation or discounting of bills

Shipment and post shipment statuses such as goods under dispatch, goods in transit come from the ERP itself since various dates such as B/L Date, LR Date, LEO Date are being entered by the customers.

Remittance statuses such as documents being sent to the bank, pending negotiation and realization pending are available from the system itself.

Various KPIs, BI and MIS available for the management so that they can take quick and effective decisions.

If you are in search of the best ERP software in Kolkata for your export industry, Expand smERP is fully equipped to deliver the best solution for your complex business process. Further the software is intuitive and can easily be used by anyone with basic computer knowledge. Its user-friendly interface makes things easier for one and all. Also you need not worry about capex and infrastructure investment as it is cloud-based. Expand smERP provides a solution with over a decade of knowledge and research to process all export documentations and financials with ease. Schedule a demo with us to find out more details or call at 9007026542