Migrate your business from Traditional work process to Cloud ERP software

“Necessity is blind until it becomes conscious. Freedom is the consciousness of necessity”. – Karl Marx

 

The Marxism theory can be understood best with the innovation of IOT and cloud ERP that has made the life of business men stress-free. If you are aware of what you need you find ways to achieve it. Cloud ERP system is one such invention that has completely evolved the way humans can conduct their business.

The Cloud is one of the most essential dimensions in the emergence of advanced technologies. 90% of Fortune 500 companies are completely dependent on Cloud based ERP softwares. For those who are oblivious to these terms, a Cloud ERP solution is an organisational resource planning software which optimises efficiency and is accessed online and remotely.

It is distinctly different from a traditional on-premise ERP where the user need not purchase any hardware. The ERP solution provider is the data centre, and the software is hosted on a cloud computing platform which enhances anytime anywhere accessibility.

Most importantly manufacturers and exporters that embrace innovation and technology continue to follow success and prompt growth.

Cloud ERP is a  magic tool that takes your organisation to the futuristic level. 

With the increase in globalisation, the demand for Cloud ERP has increased. Manufacturers in foreign trade have realised the indispensability of ERP systems in order to survive in the competition. With Cloud ERP systems, manufacturers can integrate all operations from multiple locations in a unified process. Large manufacturers and exporters globally use the Cloud to store, process and retrieve data from several locations. IOT and Cloud have penetrated widely across the sector to process real-time data. Even in automation productivity demands overarching connectivity in the enterprise. This can only be solved by Cloud integration creating a seamless workflow.

Undoubtedly, the Cloud computing platform enables several solutions and opens up the flow of work for plenty of such bottlenecks. 

Challenges faced by a  traditional On premise Solution that can be resolved by a cloud ERP solution:- 

1. Real-time Accessibility of data –  On premise systems are not designed to perform the work online or on different devices. Hence we  can not get realtime data which affects and delays  business decisions and work processes. A real time view or live data reception lessens the time duration for any business operation.

2. User Experience – A legacy infrastructure  fails to meet user expectations and is not user friendly at all. An efficient ERP system is extremely user-friendly and no extra technical knowledge is required. A good ERP service provider is expected to train the users initially and always be available for any service related queries. ExpandsmERP provides constant support to the users.

3. IT Team Support – Locally installed solutions on multiple devices or  in multiple locations is a major challenge to the IT team. A centralised data processing and storing unit makes the task simpler, easier, and more organised for all the departments including the IT team.

4. 100%Data Security – Outdated security features are the reason behind the security threats like data breaches, hacking the interfaces etc which leads to challenges in protecting the valuable confidential data of your company. As the data is encrypted, hackers are unable to view any data. Furthermore, with most cloud-based services, different security settings can be set based on the user. ExpandsmERP software promises 100% data security and validity which improves the overall health of any organisation .

5. Lessens Running Cost – On premise setup has a  higher running cost like infrastructure cost – Physical Server Cost, other hardware Cost, Security Measures cost and even high level IT team. This is a big burden for SMEs. A good ERP software on cloud has zero infrastructure cost. It involves only a monthly, quarterly, yearly subscription as a rent for the solution provider.

6. Upgradation of Server – A Legacy solution does not support  the newer version of a software. This leads to stagnation and does not allow upgradation. A cloud ERP software upgrades itself to the newest technology automatically allowing your team to access the best possible technology at all times.

7. Improves  Mobility – Cloud computing allows mobile access to incorporate data via smartphones and portable devices with a live internet connection. With an on-premise service, mobility becomes restricted.

8. Prevents loss of crucial Data  – Cloud technology allows you to take your data backups automatically which means there will be no loss of data. There is no guarantee or security in a traditional server for any loss of data.

The right fit makes all the difference.

Every industry and every business is different. For a successful implementation and operation of an ERP one needs to find the right fit for the business. With over 17 years of R&D and market testing, ExpandsmERP is uniquely designed to cater to the manufacturers, exporters & omni-channel retailers. It is the potential game-changer that amplifies the advantages of the cloud, driving business outcomes through technology advancements. Make 2021 your Cloud Calendar year. Adopt ExpandsmERP for a seamless, hassle free and secured deployment of ERP cloud software. 

 

To know more details contact us at +91 9007026542.

Top operational challenges faced by Railway contractors which can be solved with an ERP software

To modernize the Railway Infrastructure, Contractors have played a significant role to make them possible. Providing the adequate materials to build the infrastructure within a deadline is a very challenging job to them. Like the other manufacturers they face the same kind of manufacturing challenges to run the production smoothly and efficiently. They produce the materials like sleepers, forged rail, fresh bolts, fish plates, turnouts etc. as per Railways standards and those materials have to be certified by Railways recruited Inspectors. As partners or contractors of Railways they have a major social responsibility to supply the materials as per the standards mentioned by the Govt.

Apart from the normal operational challenges like Stock and inventory maintenance, Production and Finance, they have to face some specific and unique challenges which are mentioned below.

 

1. PVC Tracking in respect of Orders:-  Price Variation Clause in respect of specific order is a very challenging job to track the same efficiently. PVC shall be applicable only for contracts of value as prescribed by the Ministry of Railways through instructions/ circulars issued from time to time and irrespective of the contract completion period.

2. Security Deposit Tracking against Govt Sales Order:- For the Satisfactory job from the bidder or contractors Railways impose the Bank Guarantee as a security deposit through a Bank hypothecated by the depositor against the Contract value. So tracking the Security Value related to the specific contract is a very complicated work to perform for the contactors.

3. Free Rail Tracking Issued by Indian Railways:- Free Rails are issued to contractors by multiple railway zones like Eastern Railway, Southern Railways, Western Railways etc. for job work and that need to be tracked properly so that contactors have full visibility of their inventory of the free rails.

4. Multiple BOQ Management:- To track the multiple BOQ becomes very challenging if volumes are increased day by day. Contractors need to make a proper planning to manage the production and other operational work as per the BOQ.

5. Service Invoice Tracking :- To track the Service Bills raised by the contractors related to the Inspections becomes a very hectic job. Each and every bill needs to be tracked otherwise the contractor could not claim against the same services.

6. Percentage Wise Proportionate Despatch and Billing:- Contractor has to dispatch the materials proportionately during the project and need to raise the partial bill accordingly. So it becomes very much complex to track the invoice as per the despatch of materials.

 

Expand smERP has all the functionality to resolve all the operational challenges, already mentioned and will give you smooth business operations at ease apart from the standard industry challenges. It empowers you for real-time visibility and complete control over their business for faster expansion by simplifying complex business processes.

 

With over 15 years of extensive R&D and market testing, we have developed a software that seamlessly fits into Indian Business. We are the OEM of this solution. Further, specific fitment through customization and integration are made for the company’s unique needs. All measures are taken to fit seamlessly into the existing business processes to deliver the maximum benefit of our solution.

 

Expand smERP cloud software drives maximum growth and ROI to your business. Please leave a comment below if this article was of any value to you or for any further queries. To know more about Expand smERP and how it will transform your business operations please allow us to arrange for the best fitment test and product walkthrough by our BizTech Expert.

 

To know more details contact us at +91 9007026542.

A Complete Guide to Modern ERP

The companies use ERP as a process for the management and integration of various essential components of the business. Let us begin with a simple explanation of what Modern ERP is and its importance. Modern ERP instills the model of SaaS, which expands to form the Software as a Service model. In this, the users receive the applications from the providers through the Web. Additionally, the Modern ERP provides effective and efficient solutions that help the companies enhance their benefits and the ROI.

Here is a complete guide to Modern ERP for your absolute understanding :

Characteristics of Modern ERP

Every company must always prioritize a set of Modern ERP characteristics to enhance and maintain the development and agility of the business. The inflection point that represents the company does not hold substantial importance. The following components of the modern ERP must always head the priority list of the company.

Security

You will never want any external source to access the data and information of your company. When you use the data architecture of secure data isolation in the cloud, it levels down the threats and risks to your company. It enhances the speed of accessing and processing the data for the company.

Insight-driven analysis

The ERP solution of the cloud must include access to real-time data at the core of the financials. Insight-driven analysis causes a guaranteed accurate KPI delivery to the managers in the front-line and simplification of processes. And across the reports, roles, and analytics, only a single truth source prevails.

Integration

The cloud solutions of ERP must link your business, your people, customers, and your processes. Additionally, they must bridge with the other clouds, your on-premises systems, and the third-party applications. Along with this, you must integrate such solutions that allow absolute compatibility and scalability.

Deployment of Modern ERP Systems

There are some aspects to the modernization of the strategies. No matter what the market size is or what technology you use, these elements of strategy modernization always work ideally. These are as follows-

Integrating with strong executive sponsors

A strong executive sponsor is essential irrespective of the size of your company. The continuous assistance that you require throughout the business processes will come from these executive sponsors. And when you add up employee communication and leadership commitment with a strong executive sponsor, success is inevitable.

Clear and defined goals for the project

Work with the KPIs that measure the benefits of a business. The measurable items help you construct a consensus for the project, strategy alignment and offer a baseline that enhances the possibility of rapid success.

Give importance to reports and analytics

It provides you an understanding of your business processes in real-time. The use of multidimensional analysis and data visualization creates meaningful insights for your company.

ERP systems play a significant role in the business and pave the way to success for your company. Plan your strategy for Modern ERP and deploy them with the help of a deployment team with cloud providers and partners of implementations, and assure the top positions for your company.

 

To know more details contact us at +91 9007026542.